marketcaparena
Search

    ANRO

    Alto Neuroscience, Inc.

    Company overview

    Market capitalization
    $1.05B
    Employees
    68
    Latest publication
    2026-09-29
    About Alto Neuroscience, Inc.

    Alto Neuroscience, Inc. operates as a clinical-stage biopharmaceutical company in the United States. The company's product pipeline includes ALTO-100, which is in Phase 2b clinical trial for the treatment of patients with bipolar depression (BPD). It also develops ALTO-300, a small molecule melatonergic agonist and serotonergic antagonist with antidepressant properties, which is in Phase 2b clinical trial to treat patients with major depressive disorder (MDD); ALTO-101, a novel small molecule phosphodiesterase 4 inhibitor that is in Phase 2 proof-of-concept (POC) trial for the treatment of cognitive impairment associated with schizophrenia; ALTO-203, a novel small-molecule histamine H3 receptor inverse agonist, which is in Phase 2 POC trial to treat patients with MDD and higher levels of anhedonia; ALTO-202, an investigational orally bioavailable antagonist of the GluN2B subunit of the NMDA receptor that is in Phase 1 clinical trial for the treatment of MDD; and ALTO-208, a fixed-dose combination of pramipexole and aprepitant, an antiemetic, neurokinin-1 (NK-1) receptor antagonist for patients with Parkinson's disease for patients with Parkinson's disease. The company was incorporated in 2019 and is headquartered in Mountain View, California.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-03-31 · USDQ1 20262025-12-31 · USDQ4 20252025-09-30 · USDQ3 20252025-06-30 · USDQ2 20252025-03-31 · USDQ1 20252024-12-31 · USDQ4 20242024-09-30 · USDQ3 20242024-06-30 · USD
    Total Revenue0USD0USD0USD0USD0USD394,000USD0USD0USD
    Cost Of Revenue184,000USD157,000USD164,000USD100,000USD171,000USD170,000USD200,000USD100,000USD
    Gross Profit-184,000USD-157,000USD-164,000USD-100,000USD-171,000USD-170,000USD-200,000USD-100,000USD
    Research Development20,294,000USD11,996,000USD10,525,000USD13,124,000USD9,974,000USD10,800,000USD13,060,000USD13,184,000USD
    Selling General Administrative6,844,000USD5,059,000USD4,426,000USD5,558,000USD5,702,000USD6,197,000USD5,826,000USD5,157,000USD
    Total Operating Expenses26,954,000USD-115,673,000USD14,951,000USD18,582,000USD15,676,000USD16,827,000USD18,886,000USD18,341,000USD
    Operating Income-27,138,000USD115,673,000USD-14,951,000USD-18,682,000USD-15,676,000USD-16,997,000USD-18,886,000USD-18,341,000USD
    Interest Income1,561,000USD1,561,000USD1,532,000USD1,683,000USD1,827,000USD2,135,000USD2,500,000USD2,658,000USD
    Interest Expense545,000USD575,000USD650,000USD646,000USD598,000USD333,000USD349,000USD347,000USD
    Net Interest Income1,016,000USD986,000USD882,000USD1,037,000USD1,229,000USD1,802,000USD2,151,000USD2,311,000USD
    Income Before Tax-26,237,000USD-16,182,000USD-14,181,000USD-17,706,000USD-15,169,000USD-15,201,000USD-16,783,000USD-16,030,000USD
    Net Income-26,237,000USD-16,182,000USD-14,181,000USD-17,706,000USD-15,169,000USD-15,201,000USD-16,783,000USD-16,030,000USD
    Net Income From Continuing Ops-26,237,000USD-16,182,000USD-14,181,000USD-17,706,000USD-15,169,000USD-15,201,000USD-16,783,000USD-16,030,000USD
    Ebit-27,138,000USD-15,607,000USD-13,531,000USD-17,060,000USD-14,571,000USD-14,868,000USD-16,434,000USD-15,683,000USD
    Ebitda-26,954,000USD-15,450,000USD-13,367,000USD-16,960,000USD-14,400,000USD-14,698,000USD-16,312,000USD-15,570,000USD
    Depreciation And Amortization184,000USD157,000USD164,000USD100,000USD171,000USD170,000USD122,000USD113,000USD
    Reconciled Depreciation184,000USD157,000USD164,000USD169,000USD171,000USD170,000USD122,000USD113,000USD
    Total Other Income Expense Net901,000USD-131,855,000USD770,000USD976,000USD507,000USD1,796,000USD2,103,000USD2,311,000USD
    Unclassified Operating Expenses—-132,728,000USD——————
    Selling And Marketing Expenses———————100,000USD
    Income Tax Expense———————-1USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-09-30 · USDFY 20242024-09-30 · USDFY 20232023-09-30 · USDFY 20222022-09-30 · USDFY 20212021-09-30 · USD
    Total Revenue0USD0USD0USD0USD210,000USD
    Cost Of Revenue661,000USD502,000USD373,000USD342,000USD145,000USD
    Gross Profit-661,000USD-502,000USD-373,000USD-342,000USD65,000USD
    Research Development45,619,000USD46,996,000USD30,291,000USD23,688,000USD8,370,000USD
    Selling General Administrative20,745,000USD21,614,000USD7,518,000USD5,504,000USD3,896,000USD
    Total Operating Expenses65,703,000USD68,108,000USD37,809,000USD28,850,000USD12,121,000USD
    Operating Income-66,364,000USD-68,610,000USD-37,809,000USD-29,192,000USD-12,056,000USD
    Interest Income6,603,000USD8,851,000USD2,349,000USD114,000USD2,000USD
    Interest Expense2,469,000USD1,375,000USD1,370,000USD0USD—
    Net Interest Income4,134,000USD7,476,000USD979,000USD114,000USD2,000USD
    Income Before Tax-63,238,000USD-61,431,000USD-36,305,000USD-27,710,000USD-9,187,000USD
    Net Income-63,238,000USD-61,431,000USD-36,305,000USD-27,710,000USD-9,187,000USD
    Net Income From Continuing Ops-63,238,000USD-61,431,000USD-36,305,000USD-27,710,000USD-9,187,000USD
    Ebit-66,364,000USD-62,806,000USD-34,935,000USD-27,710,000USD-9,187,000USD
    Ebitda-65,703,000USD-68,610,000USD-34,562,000USD-27,368,000USD-9,042,000USD
    Depreciation And Amortization661,000USD-5,804,000USD373,000USD342,000USD145,000USD
    Reconciled Depreciation661,000USD502,000USD373,000USD342,000USD145,000USD
    Total Other Income Expense Net3,126,000USD7,179,000USD1,504,000USD1,482,000USD2,869,000USD
    Income Tax Expense—-61,431,000USD———
    Selling And Marketing Expenses——373,000USD342,000USD145,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262025-12-31 · USDQ4 20252025-09-30 · USDQ3 20252025-06-30 · USDQ2 20252025-03-31 · USDQ1 20252024-12-31 · USDQ4 20242024-09-30 · USDQ3 20242024-06-30 · USD
    Total Assets254,066,000USD184,689,000USD147,006,000USD157,877,000USD171,915,000USD177,542,000USD191,608,000USD197,360,000USD
    Cash And Equivalents243,733,000USD———————
    Total Current Assets247,319,000USD177,718,000USD139,448,000USD149,846,000USD163,523,000USD169,337,000USD183,526,000USD195,414,000USD
    Other Current Assets3,586,000USD1,234,000USD1,632,000USD2,261,000USD2,769,000USD1,108,000USD1,825,000USD2,292,000USD
    Total Liabilities34,817,000USD———————
    Total Current Liabilities16,652,000USD11,325,000USD9,045,000USD8,129,000USD7,257,000USD10,008,000USD14,015,000USD9,843,000USD
    Other Current Liabilities8,863,000USD———————
    Total Stockholder Equity219,249,000USD151,142,000USD111,557,000USD123,412,000USD139,096,000USD151,460,000USD165,052,000USD179,776,000USD
    Total Equity Including Noncontrolling Interest219,249,000USD———————
    Short Long Term Debt3,768,000USD585,000USD————3,529,000USD2,317,000USD
    Long Term Debt12,419,000USD18,399,000USD22,438,000USD22,122,000USD21,151,000USD11,558,000USD7,925,000USD7,741,000USD
    Property Plant Equipment Net5,909,000USD6,133,000USD6,488,000USD6,961,000USD7,323,000USD7,701,000USD7,578,000USD1,442,000USD
    Accounts Payable4,021,000USD1,878,000USD2,059,000USD1,671,000USD1,384,000USD1,579,000USD2,252,000USD1,843,000USD
    Short Term Debt1,361,000USD1,736,000USD1,118,000USD973,000USD876,000USD870,000USD4,245,000USD2,317,000USD
    Retained Earnings-255,509,000USD-201,634,000USD-185,452,000USD-171,271,000USD-153,565,000USD-138,396,000USD-123,195,000USD-106,412,000USD
    Accumulated Other Comprehensive Income17,000USD22,000USD14,000USD31,000USD14,000USD-101,000USD-95,000USD-89,000USD
    Total Liab—33,546,999USD35,449,000USD34,465,000USD32,819,000USD26,082,000USD26,556,000USD17,584,000USD
    Other Current Liab—7,711,000USD5,868,000USD5,485,000USD4,997,000USD7,559,000USD7,518,000USD5,683,000USD
    Common Stock—3,000USD3,000USD3,000USD3,000USD3,000USD3,000USD3,000USD
    Capital Stock—3,000USD3,000USD3,000USD3,000USD3,000USD3,000USD3,000USD
    Cash—176,484,000USD137,816,000USD147,585,000USD160,754,000USD168,229,000USD181,701,000USD193,122,000USD
    Cash And Short Term Investments—176,484,000USD137,816,000USD147,585,000USD160,754,000USD168,229,000USD181,701,000USD193,122,000USD
    Net Debt—-152,526,000USD-110,294,000USD-120,276,000USD-134,316,000USD-151,285,000USD-164,915,000USD-183,064,000USD
    Short Long Term Debt Total—23,958,000USD27,522,000USD27,309,000USD26,438,000USD16,944,000USD16,786,000USD10,058,000USD
    Property Plant Equipment Gross—7,659,000USD7,857,000USD8,283,000USD8,478,000USD8,705,000USD8,487,000USD2,233,000USD
    Common Stock Shares Outstanding—31,923,521shares27,104,000shares27,072,000shares27,049,000shares26,986,560shares26,959,000shares26,950,590shares
    Non Current Assets Total—6,971,000USD7,558,000USD8,031,000USD8,392,000USD8,205,000USD8,082,000USD1,946,000USD
    Non Current Liabilities Total—22,221,999USD26,404,000USD26,336,000USD25,562,000USD16,074,000USD12,541,000USD7,741,000USD
    Non Currrent Assets Other—338,000USD1,070,000USD570,000USD569,000USD4,000USD4,000USD4,000USD
    Net Working Capital—166,393,000USD130,403,000USD141,717,000USD156,266,000USD159,329,000USD169,511,000USD185,571,000USD
    Unclassified Non Current Liabilities—3,822,999USD3,966,000USD4,214,000USD4,411,000USD4,516,000USD4,616,000USD—
    Unclassified Equity—352,748,000USD296,989,000USD294,646,000USD292,641,000USD289,951,000USD288,336,000USD286,271,000USD
    Unclassified Current Liabilities——————-3,529,000USD-2,317,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-09-30 · USDFY 20242024-09-30 · USDFY 20232023-09-30 · USDFY 20222022-09-30 · USDFY 20212021-09-30 · USD
    Total Assets184,689,000USD177,542,000USD86,628,000USD50,854,000USD28,794,000USD
    Other Current Assets1,234,000USD1,108,000USD2,835,000USD330,000USD236,000USD
    Total Liab33,547,000USD26,082,000USD158,300,000USD89,260,000USD41,272,000USD
    Total Stockholder Equity151,142,000USD151,460,000USD-71,672,000USD-38,406,000USD-12,478,000USD
    Other Current Liab8,862,000USD7,559,000USD4,411,000USD3,671,000USD1,210,000USD
    Common Stock3,000USD3,000USD—1,000USD1,000USD
    Capital Stock3,000USD3,000USD0USD1,000USD0USD
    Retained Earnings-201,634,000USD-138,396,000USD-76,965,000USD-40,660,000USD-12,950,000USD
    Cash176,484,000USD168,229,000USD82,548,000USD48,344,000USD25,705,000USD
    Cash And Short Term Investments176,484,000USD168,229,000USD82,548,000USD48,344,000USD25,705,000USD
    Total Current Assets177,718,000USD169,337,000USD85,391,000USD49,220,000USD27,684,000USD
    Total Current Liabilities11,325,000USD10,008,000USD5,610,000USD5,560,000USD1,810,000USD
    Net Debt-172,076,000USD-151,285,000USD-72,562,000USD33,762,000USD12,458,000USD
    Short Term Debt585,000USD870,000USD125,000USD283,000USD—
    Short Long Term Debt585,000USD————
    Short Long Term Debt Total4,408,000USD16,944,000USD9,986,000USD82,106,000USD38,163,000USD
    Long Term Debt18,399,000USD11,558,000USD9,861,000USD9,465,000USD—
    Accounts Payable1,878,000USD1,579,000USD1,074,000USD1,606,000USD600,000USD
    Property Plant Equipment Net6,133,000USD7,701,000USD1,106,000USD1,579,000USD1,060,000USD
    Property Plant Equipment Gross7,659,000USD8,705,000USD1,790,000USD1,752,000USD1,304,000USD
    Accumulated Other Comprehensive Income22,000USD-101,000USD-79,000USD-46,000USD-22,000USD
    Common Stock Shares Outstanding28,852,000shares24,602,000shares26,883,988shares25,574,360shares25,574,360shares
    Non Current Assets Total6,971,000USD8,205,000USD1,237,000USD1,634,000USD1,110,000USD
    Non Current Liabilities Total22,222,000USD16,074,000USD152,690,000USD83,700,000USD39,462,000USD
    Non Currrent Assets Other338,000USD4,000USD131,000USD55,000USD50,000USD
    Net Working Capital166,393,000USD159,329,000USD79,781,000USD43,660,000USD25,874,000USD
    Unclassified Non Current Liabilities3,823,000USD4,516,000USD142,829,000USD74,112,000USD39,462,000USD
    Unclassified Equity352,748,000USD289,951,000USD5,372,000USD2,298,000USD—
    Other Assets——1USD—1USD
    Net Receivables——8,000USD546,000USD1,743,000USD
    Non Current Liabilities Other———123,000USD—
    Inventory————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Depreciation368,000USD
    Stock Based Compensation6,378,000USD
    Other Non Cash Items0USD
    Change To Liabilities1,601,000USD
    Change In Working Capital-210,000USD
    Operating Cash Flow-46,851,000USD
    Capital Expenditures-556,000USD
    Investing Cash Flow-556,000USD
    Net Debt Issuance0USD
    Net Common Stock Issuance-190,000USD
    Unclassified Financing Cash Flow114,858,000USD
    Financing Cash Flow114,668,000USD
    Effect Of Forex Changes On Cash-12,000USD
    Change In Cash67,249,000USD
    End Cash Flow244,233,000USD
    SourceDisclosureDeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-03-31 · USDQ1 20262025-12-31 · USDQ4 20252025-09-30 · USDQ3 20252025-06-30 · USDQ2 20252025-03-31 · USDQ1 20252024-12-31 · USDQ4 20242024-09-30 · USDQ3 20242024-06-30 · USD
    Net Income-26,237,000USD-16,181,999USD-14,181,000USD-17,706,000USD-15,169,000USD-15,201,000USD-16,783,000USD-16,030,000USD
    Depreciation184,000USD157,000USD164,000USD169,000USD171,000USD170,000USD135,000USD113,000USD
    Stock Based Compensation2,824,000USD1,946,000USD2,189,000USD2,005,000USD1,968,000USD1,566,000USD1,998,000USD1,888,000USD
    Other Non Cash Items3,355,000USD2,408,999USD613,000USD458,000USD1,133,000USD345,000USD138,000USD905,000USD
    Change In Working Capital-4,393,000USD2,100,000USD1,297,000USD1,295,000USD-4,659,000USD99,000USD2,786,000USD1,430,000USD
    Total Cash From Operating Activities-27,091,000USD-11,516,000USD-9,918,000USD-13,779,000USD-16,556,000USD-13,021,000USD-11,726,000USD-11,694,000USD
    Capital Expenditures-556,000USD0USD0USD0USD-24,000USD-506,000USD-1,005,000USD-340,000USD
    Free Cash Flow-27,647,000USD-11,516,000USD-9,918,000USD-13,779,000USD-16,580,000USD-13,527,000USD-12,731,000USD-12,034,000USD
    Total Cashflows From Investing Activities-556,000USD———-24,000USD-506,000USD-1,005,000USD-340,000USD
    Net Borrowings0USD0USD0USD0USD9,475,000USD—0USD—
    Total Cash From Financing Activities114,941,000USD50,185,000USD153,000USD613,000USD9,127,000USD49,000USD1,317,000USD-234,000USD
    Sale Purchase Of Stock-4,875,000USD-167,000USD—0USD0USD—100,000USD—
    Issuance Of Capital Stock120,000,000USD50,000,000USD0USD0USD0USD0USD0USD0USD
    Change In Cash87,278,000USD38,668,000USD-9,769,000USD-13,169,000USD-7,475,000USD-13,472,000USD-11,421,000USD-12,273,000USD
    Begin Period Cash Flow176,484,000USD137,816,000USD147,585,000USD161,254,000USD168,729,000USD182,201,000USD193,622,000USD205,895,000USD
    End Period Cash Flow263,762,000USD176,484,000USD137,816,000USD148,085,000USD161,254,000USD168,729,000USD182,201,000USD193,622,000USD
    Other Cashflows From Financing Activities-190,000USD—153,000USD419,000USD-546,000USD49,000USD1,317,000USD-234,000USD
    Unclassified Operating Cash Flow-2,824,000USD-1,946,000USD——————
    Unclassified Financing Cash Flow120,006,000USD50,352,000USD——————
    Investments——0USD0USD-24,000USD-506,000USD-1,005,000USD-340,000USD
    Change To Account Receivables——————-8,000USD—
    Unclassified Investing Cash Flow——————1,005,000USD—
    Other Cashflows From Investing Activities———————-340,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-09-30 · USDFY 20242024-09-30 · USDFY 20232023-09-30 · USDFY 20222022-09-30 · USDFY 20212021-09-30 · USD
    Net Income-63,238,000USD-61,431,000USD-36,305,000USD-27,710,000USD-9,187,000USD
    Depreciation661,000USD502,000USD373,000USD342,000USD145,000USD
    Stock Based Compensation8,108,000USD7,631,000USD2,891,000USD1,763,000USD227,000USD
    Other Non Cash Items2,667,000USD1,814,000USD291,000USD632,000USD125,000USD
    Change In Working Capital33,000USD4,060,000USD-698,000USD4,579,000USD-572,000USD
    Total Cash From Operating Activities-51,769,000USD-47,424,000USD-33,448,000USD-20,394,000USD-9,262,000USD
    Capital Expenditures-24,000USD-2,075,000USD-470,000USD-732,000USD-680,000USD
    Free Cash Flow-51,793,000USD-49,499,000USD-33,918,000USD-21,126,000USD-9,942,000USD
    Total Cashflows From Investing Activities-24,000USD-2,075,000USD-470,000USD-732,000USD-680,000USD
    Net Borrowings9,475,000USD0USD0USD9,825,000USD0USD
    Total Cash From Financing Activities60,078,000USD135,691,000USD68,130,000USD43,789,000USD31,688,000USD
    Sale Purchase Of Stock-167,000USD0USD———
    Issuance Of Capital Stock50,000,000USD137,579,000USD70,181,000USD34,305,000USD31,893,000USD
    Change In Cash8,255,000USD86,181,000USD34,204,000USD22,639,000USD21,696,000USD
    Begin Period Cash Flow168,729,000USD82,548,000USD48,344,000USD25,705,000USD4,009,000USD
    End Period Cash Flow176,984,000USD168,729,000USD82,548,000USD48,344,000USD25,705,000USD
    Other Cashflows From Financing Activities60,078,000USD-3,138,000USD68,130,000USD33,921,000USD31,681,000USD
    Unclassified Financing Cash Flow-9,308,000USD138,829,000USD-70,181,000USD-34,262,000USD-31,886,000USD
    Investments—-2,075,000USD-470,000USD-732,000USD-680,000USD
    Unclassified Investing Cash Flow—2,075,000USD———
    Change To Account Receivables——325,000USD1,158,000USD-1,285,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    No revenue breakdown is currently published for this company.

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.