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Companies / Healthcare / ALUMIS INC.
ALMS

ALUMIS INC.

HealthcarePharmaceutical Preparations
Ticker ALMSSOUTH SAN FRANCISCO, CAFiscal year ends DecemberBook value per share $3.58Diluted shares 126.4M

Alumis Inc. (Nasdaq: ALMS) is a clinical-stage biopharmaceutical company focused on developing targeted therapies for immune-mediated diseases. The company's mission centers on replacing broad immunosuppression with precision-targeted treatments informed by genetic insights and proprietary data analytics. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$24.05M
Last 12 mo $7.40M
-1886.92%
Last 12 mo -6204.39%
$-243.32M
+17.3% year over year
Last 12 mo $-438.96M
-80.76%
+32.4 percentage points
Last 12 mo -97.08%
Cash & financing
$-369.52M
−44.9% year over year
Last 12 mo $-351.40M
$-370.18M
−44.1% year over year
Last 12 mo $-351.80M
—
85.0M
+200.0% year over year
Last 12 mo 126.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ALUMIS INC. does

In the company’s own words

Alumis Inc. (Nasdaq: ALMS) is a clinical-stage biopharmaceutical company focused on developing targeted therapies for immune-mediated diseases. The company's mission centers on replacing broad immunosuppression with precision-targeted treatments informed by genetic insights and proprietary data analytics.

Alumis was incorporated in January 2021 as FL2021-001, Inc., rebranded as Esker Therapeutics in March 2021, and adopted its current name in January 2022. The company was incubated by Foresite Labs and operates its precision data analytics platform to identify drug targets validated by human genetic evidence and clinical data.

The company's primary focus is its TYK2 inhibitor franchise, anchored by envudeucitinib (envu), a second-generation allosteric TYK2 inhibitor currently in Phase 3 development for moderate-to-severe plaque psoriasis and Phase 2b development for systemic lupus erythematosus. Envu completed enrollment in pivotal Phase 3 ONWARD1 and ONWARD2 trials, with positive topline results reported in early 2026. The company plans to submit a New Drug Application to the FDA in the second half of 2026. Alumis' second TYK2 candidate, A-005, is a CNS-penetrant allosteric TYK2 inhibitor designed for neuroinflammatory and neurodegenerative diseases including multiple sclerosis.

In May 2025, Alumis completed its merger with ACELYRIN, Inc., acquiring lonigutamab, a monoclonal antibody targeting IGF-1R for thyroid eye disease treatment. The company is also advancing earlier-stage discovery programs targeting additional immune dysfunction pathways, including interferon regulatory factor 5.

Alumis operates without manufacturing facilities, relying on third-party contract manufacturers for active pharmaceutical ingredients and drug product manufacturing. The company maintains a services agreement with Foresite Labs for data analytics support through December 2026. As a smaller reporting company and emerging growth company, Alumis continues building its pipeline of molecules addressing various immune-mediated diseases through both monotherapy and combination therapy approaches. The company's intellectual property portfolio includes multiple patent families covering composition of matter, methods of use, and formulations for its lead candidates, with protection extending through 2039 to 2046 depending on the specific patent family.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
SOUTH SAN FRANCISCO, CA
Fiscal year end
December
CIK
1847367
SIC
2834

Financial performance, year by year

Fiscal 2024–2025 · USD
$-485.26M$-346.36M$-207.45M$-68.55M$70.35M20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ALUMIS INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

197
funds hold it
0 of 35
superinvestors hold it
$576.25M
held by funds, at market

Largest fund holders · ALUMIS INC.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.07%of fund net assets
T. Rowe Price New Horizons Fund, Inc.
PRNHX · T. ROWE PRICE NEW HORIZONS FUND, INC.
0.26%of fund net assets
T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund
PRDSX · T. ROWE PRICE INTEGRATED EQUITY FUNDS, INC.
0.31%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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