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ACOGAlpha Cognition Inc. Common Stock
$6.81$106M
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ACOG logoAlpha Cognition Inc. Common Stock(ACOG)Earnings, Financials & Key Ratios

ACOG•NASDAQ
$6.81
Price updated Jun 30, 2026
SectorFinancial ServicesIndustryFinancial ConglomeratesSub-IndustryDiversified financial services and alternatives
AboutAlpha Cognition Inc., a clinical stage biopharmaceutical company, engages in the development of treatments for Alzheimer's disease and amyotrophic lateral sclerosis (ALS). The company offers ZUNVEYL (benzgalantamine) for the treatment of mild-to-moderate Alzheimer's disease and mild traumatic brain injury. It also develops ALPHA-0602, a gene therapy for the treatment of ALS; and ALPHA-0702 and ALPHA-0802, a granulin epithelin motifs for the treatment of neurodegenerative diseases. The company was formerly known as Crystal Bridge Enterprises Inc. and changed its name to Alpha Cognition Inc. in March 2021. Alpha Cognition Inc. was founded in 2000 and is headquartered in Vancouver, Canada.Show more
  • EBITDA-$23M-91.9%
  • Net Income-$21M-41.2%
  • EPS (Diluted)-1.17+42.1%
  • Gross Margin81.26%
  • EBITDA Margin-221.15%
  • Operating Margin-221.72%
  • Net Margin-202.24%
  • ROE-39.75%+50.1%

ACOG Price & Volume

Alpha Cognition Inc. Common Stock (ACOG) stock price & volume — 10-year historical chart

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Commercial Scaling Efforts Face Significant Burn Risks

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Expanding
Profitability:Negative
Financial:Strained
Cash Flow:Burning
Primary Risk:Commercial execution and liquidity

Key Thesis Takeaways

  • Alpha Cognition is currently navigating a high-risk transition from a pre-revenue entity to a commercial-stage firm, evidenced by the emergence of $3.5M in quarterly revenue as of 2026Q1.
  • However, the company's fundamental outlook remains challenged by an operating margin of -221.72% and a widening net loss of $6.5M, which necessitates aggressive capital management.
  • Investors should monitor whether the current $54.2M cash position can sustain operations long enough to achieve a sustainable path to profitability, given the persistent reliance on equity-based financing and significant working capital outflows.

Verdict Logic

the company's current operating cash flow deficit of $11.8M and the rapid decline in cash from $66.1M in 2025Q4 suggest that the firm faces significant liquidity pressure that may require further dilutive capital raises.

ACOG Growth Metrics

Alpha Cognition Inc. Common Stock (ACOG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-115.98%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-13.47%

Return on Capital

10 Years-124.27%
5 Years-125.98%
3 Years-44.33%
Last Year-38.41%

ACOG Recent Earnings

Alpha Cognition Inc. Common Stock (ACOG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (63%)●Beat Revenue 2/12 qtrs (40%)
Q2 2026Latest
May 14, 2026
Metric
Actual
Est
EPS
$0.37+9.8%
$0.41
Rev
$4M+3.2%
$3M
Q2 2026
Mar 26, 2026
Metric
Actual
Est
EPS
$0.30-11.1%
$0.27
Rev
$3M-12.5%
$3M
Q4 2025
Nov 13, 2025
Metric
Actual
Est
EPS
$0.30+30.2%
$0.43
Rev
$3M-46.0%
$5M
Q3 2025
Aug 14, 2025
Metric
Actual
Est
EPS
$0.65-41.3%
$0.46
Rev
$2M-60.1%
$4M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 14, 2026
$0.37vs $0.41+9.8%
$4Mvs $3M+3.2%
Q2 2026Mar 26, 2026
$0.30vs $0.27-11.1%
$3Mvs $3M-12.5%
Q4 2025Nov 13, 2025
$0.30vs $0.43+30.2%
$3Mvs $5M-46.0%
Q3 2025Aug 14, 2025
$0.65vs $0.46-41.3%
$2Mvs $4M-60.1%
Based on last 12 quarters of dataView full earnings history →

Latest ACOG News

Recent stock market news and headlines for Alpha Cognition Inc. Common Stock (ACOG)

GuruFocus·6 days ago
Alpha Cognition Announces Election of Dr. Robert Wills as Chairman of the Board

Alpha Cognition Inc. (Nasdaq: ACOG) (“Alpha Cognition”, or the “Company”), a biopharmaceutical company focused on developing novel therapies for debili

Business Wire·6 days ago
Alpha Cognition Announces Election of Dr. Robert Wills as Chairman of the Board

VANCOUVER, British Columbia & DALLAS--(BUSINESS WIRE)--Alpha Cognition Inc. (Nasdaq: ACOG) (“Alpha Cognition”, or the “Company”), a biopharmaceutical company focused on developing novel therapies for debilitating neurodegenerative disorders, today announced changes to its Board of Directors. Robert Wills has been elected Chairman of the Board, succeeding Len Mertz, who has retired from the Board after years of dedicated service and leadership. “On behalf of the entire Board of Directors, we are.

Business Wire·Jun 16, 2026
Alpha Cognition Announces First Patient Enrolled in RESOLVE Phase 4 Study Evaluating ZUNVEYL® in Patients with Mild to Moderate Alzheimer's Disease

VANCOUVER, British Columbia & GRAPEVINE, Texas--(BUSINESS WIRE)--Alpha Cognition, Inc. (ACOG: NASDAQ) (“Alpha Cognition” or the “Company”), a biopharmaceutical company dedicated to developing innovative therapies for neurodegenerative diseases, today announced the enrollment of the first patient in RESOLVE, a Phase 4 post-marketing clinical study designed to further evaluate the tolerability profile and treatment experience associated with ZUNVEYL in routine clinical practice. RESOLVE is a mult.

Peers Comparison

Key metrics vs top competitors for Alpha Cognition Inc. Common Stock (ACOG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ACOG logoACOGAlpha Cognition Inc. Common StockCurrent
$6.81$105.77M-5.82—-202.24%-39.75%—
AVXL logoAVXLAnavex Life Sciences Corp.
$2.60$240.95M-4.81——-38.76%—
SAVA logoSAVACassava Sciences, Inc.
$1.32$63.77M-2.54——-95.77%—
PRAX logoPRAXPraxis Precision Medicines, Inc.
$350.06$10.11B-25.97-100%—-43.02%—
ACIU logoACIUAC Immune S.A.
$2.66$270.72M-3.07-86.92%-1971.7%-101.76%—
BIIB logoBIIBBiogen Inc.
$216.63$31.98B24.531.39%13.92%7.55%—

Compare ACOG vs Peers

Alpha Cognition Inc. Common Stock (ACOG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AVXL

Most directly comparable listed peer for ACOG.

Scale Benchmark

vs LLY

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

Peer Set

Compare Top 5

vs AVXL, SAVA, PRAX, ACIU

ACOG SEC Filings & Documents

Alpha Cognition Inc. Common Stock (ACOG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 20, 2026·SEC

Material company update

Apr 14, 2026·SEC

Material company update

Mar 27, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 31, 2026·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 14, 2026·SEC

FY 2025

Nov 13, 2025·SEC

FY 2025

Aug 14, 2025·SEC

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ACOG Frequently Asked Questions

Alpha Cognition Inc. Common Stock (ACOG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Alpha Cognition Inc. Common Stock's revenue?

Alpha Cognition Inc. Common Stock (ACOG) reported $10.8M in revenue for fiscal year 2025.

Is ACOG profitable?

Alpha Cognition Inc. Common Stock (ACOG) reported a net loss of $25.1M for fiscal year 2025.

Dividend & Returns
What is ACOG's return on equity?

Alpha Cognition Inc. Common Stock (ACOG) has a return on equity (ROE) of -39.8%. Negative ROE indicates the company is unprofitable.

What is Alpha Cognition Inc. Common Stock's free cash flow?

Alpha Cognition Inc. Common Stock (ACOG) had negative free cash flow of $30.4M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ACOG back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →