Alto Neuroscience, Inc.

Alto Neuroscience, Inc.

ANRO
Alto Neuroscience, Inc.US flagNew York Stock Exchange
18.71
USD
-1.09
- -
656.61MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.02
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.94
-2.13
-1.42
-2.5
- -
-2.56
Free Cash Flow per Basic Share
-0.95
-1.57
-1.31
-1.93
- -
-2.15
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.33
-3.13
-3.01
-5.63
- -
-7.85
Tangible Book Value per Share
-1.28
-2.96
-2.8
6.16
- -
8.39
Basic Weighted Avg Shares
10
13
26
25
- -
29
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
Operating Margin (%)
-4,324.76
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
1
1
1
Net Income, GAAP
-9
-28
-36
-61
-63
-74
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-4,374.76
- -
- -
- -
- -
- -
Working Capital
26
44
80
159
166
256
LT Debt
- -
9
10
16
22
20
Total Equity
-12
-38
-72
151
151
243
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
2
3
LT Borrowings
22
18
16
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
32
35
Market Capitalization
109
482
652

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
139
178
269
Cash, Cash Equivalents & STI
138
176
264
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
9
11
13
Payables & Accruals
8
10
10
ST Debt
1
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-0.21%
Free Cash Flow
- -
- -
9.16%
Net Income, GAAP
- -
- -
2.94%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.76
-0.6
-0.62
- -
-2.5
2025
-0.56
-0.65
-0.52
- -
- -
2026
-0.8
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Amit Etkin
Full Time Employees
76
Sector
Healthcare
Industry
Biotechnology
Address
369 South San Antonio Road Mountain View CA United States of America 94022
IPO Date
Feb 2, 2024
Business
Alto Neuroscience, Inc. is a clinical-stage biopharmaceutical company specializing in the development of precision medicines for neuropsychiatric disorders. Founded in 2019 and headquartered in California, the company leverages its proprietary Precision Psychiatry Platform™ to measure brain biomarkers through analysis of electroencephalography (EEG) activity, neurocognitive assessments, wearable data, genetics, and behavioral patterns. Its core products include clinical-stage drug candidates such as ALTO-100, ALTO-101, ALTO-202, ALTO-203, and ALTO-300, which target major depressive disorder, bipolar depression, schizophrenia, treatment-resistant depression, and post-traumatic stress disorder. Alto's platform integrates artificial intelligence-derived brain biomarkers to personalize treatment approaches for individual patients, aiming to improve clinical response and outcomes. In the past two years, Alto Neuroscience has made significant advances including a successful FDA meeting for ALTO-207, a treatment for treatment-resistant depression, which has enabled acceleration of its development. The company secured $50 million in private placement financing in 2025 to support the initiation of a Phase 2b clinical trial by mid-2026 and plans to

Company News

APIChat
  • Alto Neuroscience Appoints Karuna Therapeutics Founder Andrew Miller, Ph.D. to Board of Directors

  • Alto Neuroscience Appoints Karuna Therapeutics Founder Andrew Miller, Ph.D. to Board of Directors

  • Alto Neuroscience CEO Amit Etkin, M.D., Ph.D. Receives Columbia University Transformational Research Award

  • Alto Neuroscience Reports First Quarter 2026 Financial Results and Recent Business Highlights

  • Alto Neuroscience Announces Participation in Upcoming Investor Conferences

  • Alto Neuroscience Presents Phase 2a Data for ALTO-207 in Major Depressive Disorder at SOBP Annual Meeting

  • Alto Neuroscience Initiates Phase 2b Trial of ALTO-207 in Treatment-Resistant Depression

  • Alto Neuroscience (NYSE:ANRO) Shares Gap Down Following Analyst Downgrade

  • Alto Neuroscience Reports Topline Data from Phase 2 Proof-of-Concept Study of ALTO-101 and Highlights Pipeline Advancements

  • Alto Neuroscience Announces $120 Million Private Placement Financing

  • Alto Neuroscience Reports Full Year 2025 Financial Results and Recent Business Highlights

  • Alto Neuroscience Announces Participation at the Stifel 2026 Virtual CNS Forum

  • Alto Neuroscience Announces Participation in Upcoming Investor Conferences

  • Alto Neuroscience Announces Completion of Enrollment in Phase 2 Proof-of-Concept Study of ALTO-101 in Cognitive Impairment Associated with Schizophrenia

  • Alto Neuroscience Highlights Invited Review in American Journal of Psychiatry Establishing Neuroplasticity as a Core Driver of Psychiatric Disease and Treatment

  • Alto Neuroscience Strengthens Intellectual Property Portfolio with Issuance of New Method-of-Treatment Patent for ALTO-207 in Depression

  • Alto Neuroscience Presents New Data at the 64th Annual Meeting of the American College of Neuropsychopharmacology

  • Alto Neuroscience (NYSE:ANRO) Trading Down 6% – Here’s Why

  • Alto Neuroscience, Inc. $ANRO Shares Sold by AWM Investment Company Inc.

  • Alto Neuroscience Announces New Employee Inducement Grants Under NYSE Rule 303A.08