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Side-by-side financial comparison of Alector, Inc. (ALEC) and BARFRESH FOOD GROUP INC. (BRFH). Click either name above to swap in a different company.

Alector, Inc. is the larger business by last-quarter revenue ($6.2M vs $5.4M, roughly 1.2× BARFRESH FOOD GROUP INC.). On growth, BARFRESH FOOD GROUP INC. posted the faster year-over-year revenue change (94.5% vs -88.5%). BARFRESH FOOD GROUP INC. produced more free cash flow last quarter ($426.0K vs $-184.1M). Over the past eight quarters, BARFRESH FOOD GROUP INC.'s revenue compounded faster (38.4% CAGR vs -37.4%).

Alector, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative immunotherapies for neurodegenerative diseases. Its product pipeline targets unmet medical needs including Alzheimer’s disease, frontotemporal dementia, and Parkinson’s disease, and it collaborates with global pharmaceutical partners to advance candidate therapies through clinical trials.

Barfresh Food Group Inc. is a specialized food and beverage firm that develops, manufactures, and distributes frozen ready-to-blend smoothies, frappes, and related beverage products. Its core client base includes quick service restaurants, K-12 schools, healthcare facilities, and hospitality operators across North America, delivering portion-controlled, easy-to-prepare solutions that cut down on front-of-house preparation work for food service partners.

ALEC vs BRFH — Head-to-Head

Bigger by revenue
ALEC
ALEC
1.2× larger
ALEC
$6.2M
$5.4M
BRFH
Growing faster (revenue YoY)
BRFH
BRFH
+183.0% gap
BRFH
94.5%
-88.5%
ALEC
More free cash flow
BRFH
BRFH
$184.5M more FCF
BRFH
$426.0K
$-184.1M
ALEC
Faster 2-yr revenue CAGR
BRFH
BRFH
Annualised
BRFH
38.4%
-37.4%
ALEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALEC
ALEC
BRFH
BRFH
Revenue
$6.2M
$5.4M
Net Profit
$-763.0K
Gross Margin
2.9%
Operating Margin
-28.9%
Net Margin
-14.1%
Revenue YoY
-88.5%
94.5%
Net Profit YoY
-1696.9%
10.4%
EPS (diluted)
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALEC
ALEC
BRFH
BRFH
Q4 25
$6.2M
$5.4M
Q3 25
$3.3M
$4.2M
Q2 25
$7.9M
$1.6M
Q1 25
$3.7M
$2.9M
Q4 24
$54.2M
$2.8M
Q3 24
$15.3M
$3.6M
Q2 24
$15.1M
$1.5M
Q1 24
$15.9M
$2.8M
Net Profit
ALEC
ALEC
BRFH
BRFH
Q4 25
$-763.0K
Q3 25
$-34.7M
$-290.0K
Q2 25
$-30.5M
$-880.0K
Q1 25
$-40.5M
$-761.0K
Q4 24
$-2.1M
$-852.0K
Q3 24
$-42.2M
$-513.0K
Q2 24
$-38.7M
$-1.0M
Q1 24
$-36.1M
$-449.0K
Gross Margin
ALEC
ALEC
BRFH
BRFH
Q4 25
2.9%
Q3 25
36.7%
Q2 25
31.1%
Q1 25
30.7%
Q4 24
26.2%
Q3 24
34.6%
Q2 24
34.8%
Q1 24
41.4%
Operating Margin
ALEC
ALEC
BRFH
BRFH
Q4 25
-28.9%
Q3 25
-1153.6%
-6.1%
Q2 25
-433.6%
-53.4%
Q1 25
-1216.5%
-25.2%
Q4 24
-13.4%
-29.5%
Q3 24
-315.7%
-13.7%
Q2 24
-302.4%
-68.6%
Q1 24
-275.0%
-15.8%
Net Margin
ALEC
ALEC
BRFH
BRFH
Q4 25
-14.1%
Q3 25
-1063.4%
-6.9%
Q2 25
-387.7%
-54.2%
Q1 25
-1101.6%
-26.0%
Q4 24
-3.8%
-30.6%
Q3 24
-275.2%
-14.1%
Q2 24
-256.4%
-69.1%
Q1 24
-227.0%
-15.9%
EPS (diluted)
ALEC
ALEC
BRFH
BRFH
Q4 25
$-0.04
Q3 25
$-0.34
$-0.02
Q2 25
$-0.30
$-0.06
Q1 25
$-0.41
$-0.05
Q4 24
$-0.02
$-0.06
Q3 24
$-0.43
$-0.03
Q2 24
$-0.40
$-0.07
Q1 24
$-0.38
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALEC
ALEC
BRFH
BRFH
Cash + ST InvestmentsLiquidity on hand
$256.0M
Total DebtLower is stronger
$10.0M
$766.0K
Stockholders' EquityBook value
$30.6M
$1.3M
Total Assets
$293.2M
$12.8M
Debt / EquityLower = less leverage
0.33×
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALEC
ALEC
BRFH
BRFH
Q4 25
$256.0M
Q3 25
$291.1M
Q2 25
$307.3M
Q1 25
$354.6M
Q4 24
$413.4M
Q3 24
$457.2M
Q2 24
$503.3M
Q1 24
$562.1M
$1.2M
Total Debt
ALEC
ALEC
BRFH
BRFH
Q4 25
$10.0M
$766.0K
Q3 25
$596.0K
Q2 25
$176.0K
Q1 25
$200.0K
Q4 24
$10.0M
$223.0K
Q3 24
$246.0K
Q2 24
Q1 24
Stockholders' Equity
ALEC
ALEC
BRFH
BRFH
Q4 25
$30.6M
$1.3M
Q3 25
$57.7M
$1.9M
Q2 25
$71.2M
$2.0M
Q1 25
$94.6M
$2.8M
Q4 24
$126.8M
$578.0K
Q3 24
$118.9M
$1.4M
Q2 24
$150.6M
$1.7M
Q1 24
$178.9M
$2.5M
Total Assets
ALEC
ALEC
BRFH
BRFH
Q4 25
$293.2M
$12.8M
Q3 25
$335.3M
$6.8M
Q2 25
$356.4M
$3.8M
Q1 25
$408.3M
$5.3M
Q4 24
$468.3M
$3.3M
Q3 24
$516.0M
$3.8M
Q2 24
$570.7M
$3.3M
Q1 24
$635.5M
$4.7M
Debt / Equity
ALEC
ALEC
BRFH
BRFH
Q4 25
0.33×
0.58×
Q3 25
0.31×
Q2 25
0.09×
Q1 25
0.07×
Q4 24
0.08×
0.39×
Q3 24
0.18×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALEC
ALEC
BRFH
BRFH
Operating Cash FlowLast quarter
$-184.0M
$507.0K
Free Cash FlowOCF − Capex
$-184.1M
$426.0K
FCF MarginFCF / Revenue
-2951.3%
7.9%
Capex IntensityCapex / Revenue
0.7%
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-326.5M
$-1.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALEC
ALEC
BRFH
BRFH
Q4 25
$-184.0M
$507.0K
Q3 25
$-32.5M
$-598.0K
Q2 25
$-49.0M
$-1.1M
Q1 25
$-60.8M
$-506.0K
Q4 24
$-55.0M
$-685.0K
Q3 24
$-50.7M
$5.0K
Q2 24
$-62.8M
$-780.0K
Q1 24
$-61.3M
$-769.0K
Free Cash Flow
ALEC
ALEC
BRFH
BRFH
Q4 25
$-184.1M
$426.0K
Q3 25
$-32.5M
$-650.0K
Q2 25
$-49.1M
$-1.1M
Q1 25
$-60.8M
$-534.0K
Q4 24
$-55.2M
Q3 24
$-50.9M
$-52.0K
Q2 24
$-63.1M
Q1 24
$-61.9M
FCF Margin
ALEC
ALEC
BRFH
BRFH
Q4 25
-2951.3%
7.9%
Q3 25
-997.6%
-15.4%
Q2 25
-623.0%
-69.8%
Q1 25
-1655.0%
-18.2%
Q4 24
-101.8%
Q3 24
-332.1%
-1.4%
Q2 24
-418.6%
Q1 24
-389.3%
Capex Intensity
ALEC
ALEC
BRFH
BRFH
Q4 25
0.7%
1.5%
Q3 25
0.3%
1.2%
Q2 25
0.1%
4.1%
Q1 25
0.5%
1.0%
Q4 24
0.3%
Q3 24
1.4%
1.6%
Q2 24
2.2%
Q1 24
3.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALEC
ALEC

Segment breakdown not available.

BRFH
BRFH

Raw And Processed Milk$2.7M51%
Other$2.7M49%

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