ALMR Alamar Biosciences, Inc.
Price Chart
Executive Summary
Alamar Biosciences reported Q1 2026 revenue of $26.0M, a 99% YoY increase, driven by 178% consumable revenue growth. Net loss widened to $21.3M from $7.7M due to a $8.6M convertible note remeasurement loss. The company completed a $197.8M net IPO in April 2026 and will provide full-year 2026 guidance in August.
Key Financial Metrics
Actionable Insight
Revenue growth of 99% YoY with accelerating consumable pull-through signals strong product-market fit for NULISA platform. The $197.8M IPO cash eliminates near-term funding risk. Watch for full-year guidance in August — if revenue trajectory sustains, the stock could re-rate higher. The $8.6M convertible note loss is non-cash and one-time.
Key Facts
- Q1 2026 total revenue $26.0M, up 99% YoY from $13.1M
- Consumable revenue grew 178% YoY to $14.0M
- Gross margin expanded to 56% from 49% YoY
- Net loss $21.3M vs $7.7M YoY, includes $8.6M convertible note remeasurement loss
- Completed IPO in April 2026, raising $197.8M net proceeds
- Full-year 2026 revenue guidance to be provided in August 2026
Financial Impact
Revenue nearly doubled YoY to $26.0M; gross margin improved 700 bps to 56%; IPO added $197.8M net cash to balance sheet
Risk Factors
- Operating expenses grew 79% YoY, outpacing revenue growth rate
- No full-year guidance provided yet — uncertainty on H2 trajectory
- Net loss widened significantly due to convertible note remeasurement
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-213379 |
| Document: ck0002104204-20260508.htm | 0001193125-26-213379 |
| Document: 0001193125-26-213379-index-headers.html | 0001193125-26-213379 |
| Document: 0001193125-26-213379-index.html | 0001193125-26-213379 |
| Document: 0001193125-26-213379.txt | 0001193125-26-213379 |
| 8-K Data (Synthetic) | 0001193125-26-213379 |
Filters
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May 8, 2026
4w ago
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8-K
| $23.96 $20.54 | ▼ −14.27% | ▼ −14.30% | $20.13 (−15.98%) |
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May 8, 2026
4w ago
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Press Release
| $23.96 $20.54 | ▼ −14.27% | ▼ −14.30% | $20.13 (−15.98%) |
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Apr 21, 2026
7w ago
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EFFECT
| $23.23 $20.86 | ▼ −10.20% | ▼ −15.12% | $20.13 (−13.34%) |
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Apr 20, 2026
7w ago
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8-K
| $23.23 $20.86 | ▼ −10.20% | ▼ −15.12% | $20.13 (−13.34%) |
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Apr 20, 2026
7w ago
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Insider Cluster
| $22.00 $20.86 | ▼ −5.18% | ▼ −9.38% | $20.13 (−8.50%) |
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Apr 20, 2026
7w ago
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Insider Cluster
| $22.00 $20.86 | ▼ −5.18% | ▼ −9.38% | $20.13 (−8.50%) |
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Apr 17, 2026
7w ago
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424B4
| $22.00 $20.86 | ▼ −5.18% | ▼ −9.38% | $20.13 (−8.50%) |
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Apr 17, 2026
7w ago
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EFFECT
| $22.00 $22.51 | ▲ +2.32% | ▼ −3.05% | $20.13 (−8.50%) |
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Apr 17, 2026
7w ago
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3
| $22.00 $22.51 | ▲ +2.32% | ▼ −3.05% | $20.13 (−8.50%) |
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Apr 17, 2026
7w ago
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3
| $22.00 $22.51 | ▲ +2.32% | ▼ −3.05% | $20.13 (−8.50%) |
US Market Status
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