Tuesday 13 October 2026
Export ALT’s income statement to Excel — free account
Altimmune, Inc.
Altimmune, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $41,000.00, up 105.0% from fiscal 2024. In the quarter to June 2026, revenue grew 520.0%, EPS grew 55.6%, free cash flow fell 25.3% and total debt rose 142.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
2.46
0.10
−3.91%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | 45.30 | 1.70 | 1.51 | 1.60 | 8.10 | 3.83 | 2.09 | 5.28 | 2.90 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | 137.70 | 66.00 | 5.94 | 35.10 | 24.61 | 23.49 | 17.17 | 14.84 | 7.83 | |||||
| People | |||||||||||||||
| People | Employees | 13 | 30 | 27 | 25 | 43 | 47 | 52 | 59 | 59 | 57 | ||||
| Revenue/emp, $m | 0.25 | 0.36 | 0.38 | 0.23 | 0.19 | 0.09 | 0.00 | 0.01 | 0.00 | 0.00 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 3 | 11 | 10 | 6 | 8 | 4 | 0 | 0 | 0 | 0 | ||||
| Gross margin, % | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||||
| EBT | (11) | (52) | (45) | (21) | (54) | (97) | (85) | (88) | (95) | (89) | |||||
| EBT margin, % | (342.59) | (484.84) | (438.68) | (354.72) | (665.38) | (2,201.59) | 124,867.65 | (20,762.21) | (475,295.00) | (216,521.95) | |||||
| Net income | (11) | (46) | (39) | (21) | (49) | (97) | (85) | (88) | (95) | (88) | |||||
| Depreciation | 0 | 36 | 25 | 0 | 0 | 1 | 0 | 10 | (4) | (2) | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 14.06 | 24.86 | 3.69 | 0.44 | 0.32 | 0.11 | 0.00 | 0.01 | 0.00 | 0.00 | ||||
| Earnings | (48.17) | (120.42) | (15.16) | (1.60) | (1.91) | (2.35) | (1.81) | (1.66) | (1.34) | (1.00) | |||||
| Cash flow | (27.60) | (46.80) | (3.35) | (0.73) | (1.34) | (1.90) | (1.33) | (1.42) | (1.12) | (0.77) | |||||
| Capex | (0.96) | (0.37) | (0.36) | 0.00 | (0.01) | (0.30) | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Free cash flow | (28.56) | (47.17) | (3.71) | (0.73) | (1.35) | (2.19) | (1.34) | (1.42) | (1.12) | (0.77) | |||||
| Book value | 139.91 | 91.22 | 17.24 | 3.47 | 8.81 | 4.82 | 3.95 | 3.65 | 1.74 | 2.55 | |||||
| Shares, m | 0 | 0 | 3 | 13 | 26 | 41 | 47 | 53 | 71 | 88 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 0.00 | 2.41 | 0.56 | 4.28 | 35.33 | 85.75 | 0.00 | 1,314.92 | 25,596.73 | 6,914.26 | |||||
| P/B | 0.00 | 0.66 | 0.12 | 0.55 | 1.28 | 1.90 | 3.96 | 2.89 | 4.15 | 1.41 | |||||
| EV/Sales | (0.81) | 1.32 | (2.69) | (1.86) | 9.15 | 42.88 | (8,079.20) | 851.59 | 19,023.93 | 1,717.80 | |||||
| EV/FCF | 0.40 | (0.70) | 2.68 | 1.12 | (2.16) | (2.09) | (8.73) | (4.77) | (4.75) | (1.17) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (6) | (20) | (9) | (10) | (34) | (78) | (63) | (76) | (80) | (68) | ||||
| Capex | 0 | 0 | (1) | 0 | 0 | (12) | 0 | 0 | — | 0 | |||||
| Free cash flow | (7) | (20) | (10) | (10) | (35) | (91) | (63) | (76) | (80) | (68) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (1) | 20 | 35 | 35 | 218 | 186 | 176 | 197 | 127 | 263 | ||||
| Total debt | 0 | 0 | 1 | 1 | 1 | 1 | 1 | — | — | 34 | |||||
| Net debt | (3) | (12) | (34) | (36) | (214) | (189) | (184) | (198) | (132) | (239) | |||||
| Shareholders’ equity | 32 | 39 | 48 | 46 | 226 | 199 | 185 | 194 | 124 | 225 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (39.32) | (101.26) | (72.13) | (38.55) | (32.79) | (41.85) | (39.79) | (42.36) | (54.33) | (42.03) | ||||
| ROIC | (23.62) | (120.07) | (185.13) | (131.45) | (300.78) | (610.37) | (5,217.65) | 0.00 | 0.00 | 0.00 | |||||
| ROE | (46.90) | (143.46) | (96.86) | (44.70) | (36.14) | (45.69) | (44.07) | (46.63) | (59.86) | (50.57) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Dec 2025
Charts ten years each
Altimmune, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PROK ProKidney Corp. | $526.0M | — (loss-making) | — (loss-making) | −32.13% (below 0%: shrinking) | n/m | −28.03% (below 0%: shrinking) | 100.00% | (32,248.67%) | Compare |
| CYVNY Ceryvyn Therapeutics Ltd. - Unsponsored ADR | $524.8M | — (loss-making) | — (loss-making) | −7.53% (below 0%: shrinking) | n/m | −31.52% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| OCS Oculis Holding AG | $514.9M | — (loss-making) | — (loss-making) | +23.96% (above 0%: growing) | n/m | −10.40% (below 0%: shrinking) | 100.00% | (7,603.42%) | Compare |
| ALT Altimmune, Inc. | $507.7M | — (loss-making) | — (loss-making) | +520.00% (above 0%: growing) | n/m | −25.27% (below 0%: shrinking) | 100.00% | 0.00% | |
| ALLO Allogene Therapeutics, Inc. | $504.4M | — (loss-making) | — (loss-making) | +20,990.91% (above 0%: growing) | n/m | +17.73% (above 0%: growing) | 100.00% | (1,011.21%) | Compare |
| CTNM Contineum Therapeutics, Inc. | $503.4M | — (loss-making) | — | — | n/m | +26.73% (above 0%: growing) | 100.00% | 0.00% | Compare |
| ARVN Arvinas, Inc. | $499.6M | 57.3× | — (loss-making) | +1,014.73% (above 0%: growing) | n/m | +49.79% (above 0%: growing) | 96.40% | 65.72% | Compare |
| EPRX Eupraxia Pharmaceuticals Inc. | $491.7M | — (loss-making) | — | — | n/m | −56.41% (below 0%: shrinking) | — | 0.00% | Compare |
| MPLT MapLight Therapeutics, Inc. | $490.7M | — (loss-making) | — | — | n/m | −31.91% (below 0%: shrinking) | — | 0.00% | Compare |
| Median of peers | $503.9M | — | — | +23.96% | — | −19.21% | 100.00% | 0.00% |
Altimmune, Inc. (ALT) key facts
- Strength: Altimmune, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $41,000.00, up 105.0% from fiscal 2024.
- Altimmune, Inc. (ALT) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- As of October 12, 2026, ALT traded at $2.56, a market capitalization of $498.0 million.
- Return on equity was −50.6% and debt-to-equity 0.07.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.23 (distress zone) for fiscal 2025.