ALMU

MKT CAP:$273M

Aeluma, Inc.

Market Cap

$273M

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Technology·Semiconductors·🇺🇸·NASDAQ

Stock Price

$19.31+$1.51 (+8.48%)

Apr 24, 2026

Company Details

Aeluma, Inc. develops optoelectronic devices for sensing and communications applications. It manufactures devices using compound semiconductor materials on diameter silicon wafers that are used to manufacture mass market microelectronics. T...

CEO

Jonathan Klamkin

IPO Date

Nov 16, 2022

Website

www.aeluma.com

Key Metrics TTM

Revenue

$5M

+92.5% YoY

Net Income

-$3M

EPS (Diluted)

-$0.14

Free Cash Flow

-$1M

Revenue / Share

$0.29

Gross Margin

50.2%

Operating Margin

-105.0%

Net Margin

-52.5%

FCF Margin

-23.8%

P/S

52.3x

P/E

—

Earnings Reports

Q3 2026

May 14, 2026

PENDING

Q2 2026

Feb 11, 2026

$1M-21.1%EPS -$0.10

Q1 2026

Nov 12, 2025

$1M+187.9%EPS -$0.09

FY 2025

Sep 9, 2025

$5M+407.6%EPS -$0.23

Q4 2025

Sep 9, 2025

$1M+371.5%EPS -$0.05

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$0	$0	-$704.8K
Q3 22	$0	$0	-$970.4K
Q1 23	$0	$0	-$2M
Q2 23	$0	$0	-$1M
Q3 23	$0	$0	-$2M
Q4 23	$193.3K	$193.3K	-$1M
Q1 24	$32.4K	$17.3K	-$1M
Q2 24	$263.0K	$126.2K	-$1M
Q3 24	$343.9K	$110.3K	-$962.8K
Q4 24	$279.3K	$45.5K	-$989.0K
Q1 25	$481.0K	$166.0K	-$731.0K
Q2 25	$2M	$1M	$389.0K
Q3 25	$1M	$841.9K	-$831.5K
Q4 25	$1M	$745.0K	-$968.7K
Q1 26	$1M	$684.0K	-$2M
Q2 26	$1M	$353.0K	-$2M

Valuation

Quarter	P/S	P/E
Q2 22	—	—
Q3 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	1413.8x	—
Q1 24	1210.9x	—
Q2 24	559.3x	—
Q3 24	328.3x	—
Q4 24	297.6x	—
Q1 25	199.9x	—
Q2 25	100.6x	—
Q3 25	75.4x	—
Q4 25	58.6x	—
Q1 26	49.1x	—
Q2 26	52.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	-$403.1K	-$714.5K
Q3 22	-$521.7K	-$667.9K
Q1 23	-$1M	-$1M
Q2 23	-$684.5K	-$735.6K
Q3 23	-$697.8K	-$849.6K
Q4 23	-$938.9K	-$1M
Q1 24	-$1M	-$1M
Q2 24	-$1M	-$1M
Q3 24	-$395.8K	-$548.5K
Q4 24	-$578.6K	-$583.5K
Q1 25	-$931.0K	-$933.0K
Q2 25	-$401.0K	-$440.0K
Q3 25	$249.3K	$205.1K
Q4 25	-$65.3K	-$141.1K
Q1 26	-$815.0K	-$1M
Q2 26	-$251.0K	-$282.0K

Capital Expenditures

Quarter	CapEx
Q2 22	$311.3K
Q3 22	$146.3K
Q1 23	$52.7K
Q2 23	$51.2K
Q3 23	$151.8K
Q4 23	$417.0K
Q1 24	$7.1K
Q2 24	$157.2K
Q3 24	$152.6K
Q4 24	$4.9K
Q1 25	$2.0K
Q2 25	$39.0K
Q3 25	$44.2K
Q4 25	$75.8K
Q1 26	$210.0K
Q2 26	$31.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	—	+7777.7%
Q3 22	—	+4060.4%
Q1 23	—	+934.6%
Q2 23	—	+66.2%
Q3 23	—	+122.5%
Q4 23	—	+45.6%
Q1 24	—	-3.3%
Q2 24	—	+20.5%
Q3 24	—	-16.7%
Q4 24	+44.4%	-10.2%
Q1 25	+1384.6%	-20.0%
Q2 25	+512.9%	-12.1%
Q3 25	+264.9%	+59.7%
Q4 25	+371.5%	+80.2%
Q1 26	+187.9%	+146.9%
Q2 26	-21.1%	+174.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$0	—
Q3 22	$41.1K	—
Q1 23	$70.1K	—
Q2 23	$107.4K	—
Q3 23	$127.1K	—
Q4 23	$143.9K	74.4%
Q1 24	$240.6K	742.5%
Q2 24	$135.9K	51.7%
Q3 24	$191.8K	55.8%
Q4 24	$163.8K	58.7%
Q1 25	$167.0K	34.7%
Q2 25	$149.0K	9.2%
Q3 25	$833.0K	66.4%
Q4 25	$744.0K	56.5%
Q1 26	$1M	76.2%
Q2 26	$1M	83.0%

OpEx Breakdown

Quarter	R&D	G&A
Q2 22	$177.6K	$422.8K
Q3 22	$343.1K	$528.2K
Q1 23	$836.5K	$730.2K
Q2 23	$767.8K	$387.1K
Q3 23	$719.7K	$848.8K
Q4 23	$525.0K	$709.4K
Q1 24	$834.9K	$665.1K
Q2 24	$651.1K	$603.9K
Q3 24	$620.3K	$452.8K
Q4 24	$400.3K	$634.2K
Q1 25	$401.0K	$496.0K
Q2 25	$268.0K	$371.0K
Q3 25	$471.0K	$1M
Q4 25	$154.9K	$2M
Q1 26	$606.0K	$2M
Q2 26	$906.0K	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$5M	$0	$5M
Q4 22	$4M	$0	$4M
Q1 23	$2M	$0	$2M
Q2 23	$3M	$0	$3M
Q3 23	$5M	$0	$5M
Q4 23	$5M	$0	$5M
Q1 24	$4M	$0	$4M
Q2 24	$2M	$0	$2M
Q3 24	$2M	$0	$2M
Q4 24	$1M	$0	$1M
Q1 25	$4M	$0	$4M
Q2 25	$3M	$0	$3M
Q3 25	$4M	$0	$4M
Q4 25	$4M	$12M	$16M
Q1 26	$26M	$12M	$38M
Q2 26	$39M	$0	$39M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	11M	0.0%	0.0%
Q3 22	11M	0.0%	0.0%
Q1 23	11M	0.0%	-0.0%
Q2 23	11M	+1.4%	+1.4%
Q3 23	12M	+6.7%	+8.2%
Q4 23	12M	+3.0%	+11.4%
Q1 24	12M	+4.1%	+16.0%
Q2 24	12M	-1.5%	+12.7%
Q3 24	12M	+0.1%	+5.7%
Q4 24	12M	+0.0%	+2.6%
Q1 25	12M	-0.1%	-1.6%
Q2 25	12M	+0.4%	+0.4%
Q3 25	13M	+8.1%	+8.5%
Q4 25	16M	+19.8%	+29.9%
Q1 26	16M	+2.0%	+32.7%
Q2 26	18M	+10.7%	+46.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$0	2
Q3 22	$0	2
Q1 23	$0	9
Q2 23	$0	9
Q3 23	$0	9
Q4 23	$17.6K	11
Q1 24	$2.9K	11
Q2 24	$23.9K	11
Q3 24	$31.3K	11
Q4 24	$25.4K	11
Q1 25	$43.7K	11
Q2 25	$146.5K	11
Q3 25	$114.1K	11
Q4 25	$8.8K	150
Q1 26	$9.2K	150
Q2 26	$8.5K	150

Revenue / Employee