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ALGS logoAligos Therapeutics, Inc.(ALGS)Earnings, Financials & Key Ratios

ALGS•NASDAQ
$6.37
$39M mkt cap·Price updated May 6, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryRNA and Genome Editing Developers
AboutAligos Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses to develop novel therapeutics to address unmet medical needs in viral and liver diseases. Its lead drug candidate is ALG-010133, a s-antigen transport-inhibiting oligonucleotide polymer that is in Phase Ib clinical trial for the treatment of chronic hepatitis B (CHB); and ALG-000184, a capsid assembly modulator, which is in Phase I clinical trials to treat CHB. The company also develops ALG-020572, an antisense oligonucleotide to prevent HBsAg translation and secretion; and ALG-055009, a small molecule THR-ß agonist that is in the Phase 1a/1b for the treatment of non-alcoholic steatohepatitis(NASH). In addition, it develops siRNA drug candidate, ALG-125755, as well as ALG-125097 and ALG-125819, demonstrated potent inhibition of HBsAg release from HBV-infected cells. It has entered into license and collaboration agreements with Luxna Biotech Co., Ltd. to develop and commercialize products containing oligonucleotides targeting hepatitis B virus genome; Emory University to provide hepatitis B virus capsid assembly modulator technology; research, licensing, and commercialization agreement with Katholieke Universiteit Leuven to develop coronavirus protease inhibitors; and Merck to discover, research, optimize, and develop oligonucleotides directed against a NASH. The company was incorporated in 2018 and is headquartered in South San Francisco, California.Show more
  • Revenue$2M-44.6%
  • EBITDA-$87M-0.6%
  • Net Income-$24M+81.6%
  • EPS (Diluted)-2.45+88.3%
  • Gross Margin57.46%-42.5%
  • EBITDA Margin-3982.39%-81.6%
  • Operating Margin-4024.93%-78.1%
  • Net Margin-1106.72%+66.7%
  • ROE-196.92%+52.6%
  • ROIC-162.97%
  • Debt/Equity0.10
Technical→

ALGS Key Insights

Aligos Therapeutics, Inc. (ALGS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y profit CAGR of 25.9%
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 1.2x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 14 (bottom 14%)
  • ✗Shares diluted 57.8% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ALGS Price & Volume

Aligos Therapeutics, Inc. (ALGS) stock price & volume — 10-year historical chart

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ALGS Growth Metrics

Aligos Therapeutics, Inc. (ALGS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-46.03%
TTM-44.59%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM81.56%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM51.14%

Return on Capital

10 Years-70.28%
5 Years-89.8%
3 Years-108.85%
Last Year-152.15%

ALGS Peer Comparison

Aligos Therapeutics, Inc. (ALGS) competitors in RNA and Genome Editing Developers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ARWR logoARWRArrowhead Pharmaceuticals, Inc.Direct Competitor11.08B79.14-6486.89232.58%18.54%35.64%0.73
HALO logoHALOHalozyme Therapeutics, Inc.Direct Competitor7.81B66.3525.9237.55%22.69%6.49%
RCUS logoRCUSArcus Biosciences, Inc.Direct Competitor2.62B26.00-7.90-4.26%-156.36%-68.97%0.16
GILD logoGILDGilead Sciences, Inc.Product Competitor169.83B136.30358.686.04%28.9%37.62%1.39
VRTX logoVRTXVertex Pharmaceuticals IncorporatedProduct Competitor108.78B427.6527.919.57%35.4%23.93%0.21
REGN logoREGNRegeneron Pharmaceuticals, Inc.Product Competitor74.89B720.7817.380.99%29.65%14.32%0.09
MDGL logoMDGLMadrigal Pharmaceuticals, Inc.Product Competitor12.38B539.73-42.00432.05%-27.32%-50.15%0.59
AKRO logoAKROAkero Therapeutics, Inc.Product Competitor4.5B54.65-14.57-30.58%0.05

Compare ALGS vs Peers

Aligos Therapeutics, Inc. (ALGS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARWR

Most directly comparable listed peer for ALGS.

Scale Benchmark

vs ABBV

Larger-name benchmark to compare ALGS against a more recognizable public peer.

Peer Set

Compare Top 5

vs ARWR, HALO, RCUS, GILD

ALGS Income Statement

Aligos Therapeutics, Inc. (ALGS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue0004.36M13.91M15.53M3.94M2.19M
Revenue Growth %----219.04%11.66%-74.6%-44.59%
Cost of Goods Sold1.29M2.3M3.33M0000930K
COGS % of Revenue-------42.54%
Gross Profit
-1.29M▲ 0%
-2.3M▼ 78.1%
-3.33M▼ 44.6%
4.36M▲ 231.1%
13.91M▲ 219.0%
15.53M▲ 11.7%
3.94M▼ 74.6%
1.26M▼ 68.2%
Gross Margin %---100%100%100%100%57.46%
Gross Profit Growth %--78.08%-44.63%231.1%219.04%11.66%-74.6%-68.16%
Operating Expenses13.66M54.04M94.51M132.68M111.49M103.66M93.1M89.24M
OpEx % of Revenue---3043.82%801.66%667.5%2359.92%4082.39%
Selling, General & Admin3.21M10.01M14.62M28.53M26.41M30.62M22.83M20.72M
SG&A % of Revenue---654.44%189.9%197.15%578.71%947.76%
Research & Development10.46M44.04M79.89M104.15M85.08M73.04M70.27M69.45M
R&D % of Revenue---2389.38%611.76%470.35%1781.22%3177.17%
Other Operating Expenses-435K302K00000-930K
Operating Income
-13.66M▲ 0%
-54.04M▼ 295.6%
-97.83M▼ 81.0%
-128.32M▼ 31.2%
-97.58M▲ 24.0%
-88.13M▲ 9.7%
-89.15M▼ 1.2%
-87.98M▲ 1.3%
Operating Margin %----2943.82%-701.66%-567.5%-2259.92%-4024.93%
Operating Income Growth %--295.6%-81.03%-31.16%23.96%9.69%-1.17%1.31%
EBITDA-12.37M-51.74M-94.51M-124.54M-93.91M-85.06M-86.53M-87.06M
EBITDA Margin %----2857.15%-675.24%-547.74%-2193.46%-3982.39%
EBITDA Growth %--318.3%-82.65%-31.78%24.6%9.42%-1.73%-0.6%
D&A (Non-Cash Add-back)1.29M2.3M3.33M3.78M3.67M3.07M2.62M930K
EBIT-13.66M-52.18M-108.38M-128.32M-97.58M-88.13M-89.15M-87.98M
Net Interest Income01.86M-9.29M132K1.64M1.24M1.67M2.16M
Interest Income163K1.86M1.26M132K1.64M1.24M1.67M2.16M
Interest Expense0010.55M00000
Other Income/Expense-272K1.86M-10.55M132K1.64M1.24M-41.73M64.11M
Pretax Income
-13.93M▲ 0%
-52.18M▼ 274.5%
-108.38M▼ 107.7%
-128.19M▼ 18.3%
-95.94M▲ 25.2%
-86.88M▲ 9.4%
-130.88M▼ 50.6%
-23.88M▲ 81.8%
Pretax Margin %----2940.79%-689.87%-559.5%-3317.62%-1092.36%
Income Tax085K161K143K106K795K331K314K
Effective Tax Rate %0%-0.16%-0.15%-0.11%-0.11%-0.92%-0.25%-1.31%
Net Income
-13.93M▲ 0%
-52.26M▼ 275.1%
-108.54M▼ 107.7%
-128.33M▼ 18.2%
-96.05M▲ 25.2%
-87.68M▲ 8.7%
-131.21M▼ 49.6%
-24.19M▲ 81.6%
Net Margin %----2944.07%-690.63%-564.61%-3326.01%-1106.72%
Net Income Growth %--275.11%-107.68%-18.23%25.16%8.71%-49.65%81.56%
Net Income (Continuing)-13.93M-52.26M-108.54M-128.33M-96.05M-87.68M-131.21M-24.19M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)
-0.66▲ 0%
-2.38▼ 260.6%
-3.18▼ 33.6%
-3.22▼ 1.3%
-2.25▲ 30.1%
-3.52▼ 56.4%
-20.94▼ 494.9%
-2.45▲ 88.3%
EPS Growth %--260.61%-33.61%-1.26%30.12%-56.44%-494.89%88.3%
EPS (Basic)-0.66-2.38-3.18-3.22-2.25-3.52-20.94-2.45
Diluted Shares Outstanding21.17M21.93M34.18M39.86M42.7M24.87M6.26M9.88M
Basic Shares Outstanding21.17M21.93M34.18M39.86M42.7M24.87M6.26M9.88M
Dividend Payout Ratio--------

ALGS Balance Sheet

Aligos Therapeutics, Inc. (ALGS) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets92.37M120.23M250.02M204.42M133.54M141.08M62.14M82.86M
Cash & Short-Term Investments90.85M117.66M243.51M190.73M125.83M135.7M56.94M77.84M
Cash Only24.04M69.56M220.38M186.82M81.35M135.7M37M18.3M
Short-Term Investments66.82M48.1M23.13M3.92M44.48M019.94M59.54M
Accounts Receivable00000000
Days Sales Outstanding--------
Inventory00000000
Days Inventory Outstanding--------
Other Current Assets1.52M2.56M6.5M13.69M7.72M5.38M5.2M5.02M
Total Non-Current Assets15.36M26.29M15.29M30.95M13.15M10.44M7.95M5.67M
Property, Plant & Equipment15.18M16.09M14.91M14.97M12.51M9.82M7.33M4.96M
Fixed Asset Turnover---0.29x1.11x1.58x0.54x0.44x
Goodwill00000000
Intangible Assets00000000
Long-Term Investments010.02M015.11M0000
Other Non-Current Assets178K188K377K866K634K625K627K715K
Total Assets
107.73M▲ 0%
146.52M▲ 36.0%
265.3M▲ 81.1%
235.37M▼ 11.3%
146.69M▼ 37.7%
151.53M▲ 3.3%
70.09M▼ 53.7%
88.53M▲ 26.3%
Asset Turnover---0.02x0.09x0.10x0.06x0.02x
Asset Growth %-36.01%81.07%-11.28%-37.68%3.3%-53.74%26.31%
Total Current Liabilities7.49M13.82M30.27M38.96M33.13M23.91M21.74M21.23M
Accounts Payable2.98M3.77M3.31M3.02M4.74M2.52M2.57M3.98M
Days Payables Outstanding841.68598.07363.68----1.56K
Short-Term Debt00000000
Deferred Revenue (Current)3.18M07.89M7.64M9.21M1.31M151K0
Other Current Liabilities272K3.96M7.84M6.61M6.36M6.67M6.39M13.53M
Current Ratio12.33x8.70x8.26x5.25x4.03x5.90x2.86x3.90x
Quick Ratio12.33x8.70x8.26x5.25x4.03x5.90x2.86x3.90x
Cash Conversion Cycle--------
Total Non-Current Liabilities113.99M197.59M14.99M11.68M9.66M35.54M79.09M14.8M
Long-Term Debt00000000
Capital Lease Obligations12.61M11.88M10.5M11.55M9.43M7.9M4.92M1.52M
Deferred Tax Liabilities0000001.76M1.05M
Other Non-Current Liabilities101.38M185.71M379K133K027.64M72.41M12.23M
Total Liabilities121.48M211.41M45.26M50.64M42.79M59.45M99.07M34.99M
Total Debt13.86M14.33M13.01M14.46M12.57M11.14M8.38M5.25M
Net Debt-10.17M-55.23M-207.38M-172.36M-68.77M-124.57M-28.62M-13.05M
Debt / Equity--0.06x0.08x0.12x0.12x-0.10x
Debt / EBITDA--------
Net Debt / EBITDA--------
Interest Coverage---10.28x-----
Total Equity
-13.75M▲ 0%
-64.89M▼ 372.0%
220.04M▲ 439.1%
184.73M▼ 16.0%
103.9M▼ 43.8%
92.08M▼ 11.4%
-28.97M▼ 131.5%
53.55M▲ 284.8%
Equity Growth %--372%439.09%-16.05%-43.76%-11.38%-131.47%284.81%
Book Value per Share-0.65-2.966.444.642.433.70-4.625.42
Total Shareholders' Equity-13.75M-64.89M220.04M184.73M103.9M92.08M-28.97M53.55M
Common Stock3K04K4K4K7K8K9K
Retained Earnings-13.93M-66.2M-174.74M-303.07M-399.12M-486.8M-618.01M-642.2M
Treasury Stock00000000
Accumulated OCI3K-115K-188K452K401K545K451K468K
Minority Interest00000000

ALGS Cash Flow Statement

Aligos Therapeutics, Inc. (ALGS) cash flow — operating, investing & free cash flow history

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-6.05M-46.77M-74.26M-115.66M-79.39M-79M-80.74M-82.5M
Operating CF Margin %----2653.41%-570.86%-508.71%-2046.72%-3774.15%
Operating CF Growth %--673.14%-58.79%-55.75%31.36%0.49%-2.21%-2.18%
Net Income-13.93M-52.26M-108.54M-128.33M-96.05M-87.68M-131.21M-24.19M
Depreciation & Amortization1.29M2.3M3.33M3.78M3.67M3.07M2.62M930K
Stock-Based Compensation179K752K2.98M13.46M14.69M12.65M8.45M5.04M
Deferred Taxes-110K0000000
Other Non-Cash Items1.64M-1.23M11.92M86K-159K2.49M44.35M-60.5M
Working Capital Changes4.88M3.67M16.06M-4.65M-1.55M-9.53M-4.96M-3.79M
Change in Receivables00000000
Change in Inventory00000000
Change in Payables2.98M385K-130K-313K1.72M-2.22M54K1.41M
Cash from Investing-69.29M6.79M32.76M3.02M-26.29M44.98M-18.28M-37.83M
Capital Expenditures-2.52M-2.79M-2.06M-892K-943K-19K-130K-437K
CapEx % of Revenue---20.46%6.78%0.12%3.3%19.99%
Acquisitions000-3.91M0000
Investments--------
Other Investing-72.84M003.91M0000
Cash from Financing99.89M85.53M192.35M78.68M164K88.33M355K101.64M
Debt Issued (Net)5M-43K-58K-79K-61K-96K-83K-14K
Equity Issued (Net)94.81M84.96M195.54M78.58M225K17.44M438K101.65M
Dividends Paid00000000
Share Repurchases00000000
Other Financing77K612K-3.14M172K070.98M00
Net Change in Cash
24.55M▲ 0%
45.56M▲ 85.6%
150.84M▲ 231.1%
-33.96M▼ 122.5%
-105.52M▼ 210.7%
54.31M▲ 151.5%
-98.67M▼ 281.7%
-18.69M▲ 81.1%
Free Cash Flow
-8.56M▲ 0%
-49.55M▼ 478.6%
-76.33M▼ 54.0%
-116.55M▼ 52.7%
-80.33M▲ 31.1%
-79.02M▲ 1.6%
-80.87M▼ 2.4%
-82.94M▼ 2.6%
FCF Margin %----2673.87%-577.64%-508.83%-2050.01%-3794.14%
FCF Growth %--478.55%-54.03%-52.7%31.08%1.64%-2.35%-2.56%
FCF per Share-0.40-2.26-2.23-2.92-1.88-3.18-12.91-8.39
FCF Conversion (FCF/Net Income)0.43x0.89x0.68x0.90x0.83x0.90x0.62x3.41x
Interest Paid06K000000
Taxes Paid01K000000

ALGS Key Ratios

Aligos Therapeutics, Inc. (ALGS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric20182019202020212022202320242025
Return on Equity (ROE)---139.92%-63.41%-66.55%-89.48%-415.84%-196.92%
Return on Invested Capital (ROIC)---579.45%-768.91%-308.17%-5005.32%--162.97%
Gross Margin---100%100%100%100%57.46%
Net Margin----2944.07%-690.63%-564.61%-3326.01%-1106.72%
Debt / Equity--0.06x0.08x0.12x0.12x-0.10x
Interest Coverage---10.28x-----
FCF Conversion0.43x0.89x0.68x0.90x0.83x0.90x0.62x3.41x
Revenue Growth----219.04%11.66%-74.6%-44.59%

ALGS SEC Filings & Documents

Aligos Therapeutics, Inc. (ALGS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 21, 2026·SEC

Material company update

Apr 14, 2026·SEC

Material company update

Mar 5, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 5, 2026·SEC

FY 2025

Mar 10, 2025·SEC

FY 2024

Mar 12, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 6, 2025·SEC

ALGS Frequently Asked Questions

Aligos Therapeutics, Inc. (ALGS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Aligos Therapeutics, Inc. (ALGS) reported $2.2M in revenue for fiscal year 2025.

Aligos Therapeutics, Inc. (ALGS) saw revenue decline by 44.6% over the past year.

Aligos Therapeutics, Inc. (ALGS) reported a net loss of $24.2M for fiscal year 2025.

Dividend & Returns

Aligos Therapeutics, Inc. (ALGS) has a return on equity (ROE) of -196.9%. Negative ROE indicates the company is unprofitable.

Aligos Therapeutics, Inc. (ALGS) had negative free cash flow of $82.9M in fiscal year 2025, likely due to heavy capital investments.

Explore More ALGS

Aligos Therapeutics, Inc. (ALGS) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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