vs

Side-by-side financial comparison of Alector, Inc. (ALEC) and EKSO BIONICS HOLDINGS, INC. (EKSO). Click either name above to swap in a different company.

Alector, Inc. is the larger business by last-quarter revenue ($6.2M vs $3.1M, roughly 2.0× EKSO BIONICS HOLDINGS, INC.). On growth, EKSO BIONICS HOLDINGS, INC. posted the faster year-over-year revenue change (-38.3% vs -88.5%). EKSO BIONICS HOLDINGS, INC. produced more free cash flow last quarter ($-4.5M vs $-184.1M). Over the past eight quarters, EKSO BIONICS HOLDINGS, INC.'s revenue compounded faster (-8.6% 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.

Ekso Bionics Holdings Inc. is a company that develops and manufactures powered exoskeleton bionic devices that can be strapped on as wearable robots to enhance the strength, mobility, and endurance of industrial workers and people experiencing paralysis and mobility issues after a brain injury, stroke, multiple sclerosis (MS) or spinal cord injury. They enable individuals with any amount of lower extremity weakness, including those who are paralyzed, to stand up and walk.

ALEC vs EKSO — Head-to-Head

Bigger by revenue
ALEC
ALEC
2.0× larger
ALEC
$6.2M
$3.1M
EKSO
Growing faster (revenue YoY)
EKSO
EKSO
+50.2% gap
EKSO
-38.3%
-88.5%
ALEC
More free cash flow
EKSO
EKSO
$179.6M more FCF
EKSO
$-4.5M
$-184.1M
ALEC
Faster 2-yr revenue CAGR
EKSO
EKSO
Annualised
EKSO
-8.6%
-37.4%
ALEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALEC
ALEC
EKSO
EKSO
Revenue
$6.2M
$3.1M
Net Profit
$-4.7M
Gross Margin
53.2%
Operating Margin
-143.6%
Net Margin
-148.9%
Revenue YoY
-88.5%
-38.3%
Net Profit YoY
-1696.9%
-36.9%
EPS (diluted)
$-3.01

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
EKSO
EKSO
Q4 25
$6.2M
$3.1M
Q3 25
$3.3M
$4.2M
Q2 25
$7.9M
$2.1M
Q1 25
$3.7M
$3.4M
Q4 24
$54.2M
$5.1M
Q3 24
$15.3M
$4.1M
Q2 24
$15.1M
$5.0M
Q1 24
$15.9M
$3.8M
Net Profit
ALEC
ALEC
EKSO
EKSO
Q4 25
$-4.7M
Q3 25
$-34.7M
$-1.4M
Q2 25
$-30.5M
$-2.7M
Q1 25
$-40.5M
$-2.9M
Q4 24
$-2.1M
$-3.4M
Q3 24
$-42.2M
$-2.1M
Q2 24
$-38.7M
$-2.4M
Q1 24
$-36.1M
$-3.4M
Gross Margin
ALEC
ALEC
EKSO
EKSO
Q4 25
53.2%
Q3 25
60.3%
Q2 25
39.8%
Q1 25
53.5%
Q4 24
53.3%
Q3 24
53.5%
Q2 24
53.3%
Q1 24
51.9%
Operating Margin
ALEC
ALEC
EKSO
EKSO
Q4 25
-143.6%
Q3 25
-1153.6%
-33.2%
Q2 25
-433.6%
-193.2%
Q1 25
-1216.5%
-101.9%
Q4 24
-13.4%
-43.8%
Q3 24
-315.7%
-63.9%
Q2 24
-302.4%
-47.2%
Q1 24
-275.0%
-86.7%
Net Margin
ALEC
ALEC
EKSO
EKSO
Q4 25
-148.9%
Q3 25
-1063.4%
-33.6%
Q2 25
-387.7%
-131.7%
Q1 25
-1101.6%
-85.7%
Q4 24
-3.8%
-67.1%
Q3 24
-275.2%
-50.2%
Q2 24
-256.4%
-48.8%
Q1 24
-227.0%
-91.3%
EPS (diluted)
ALEC
ALEC
EKSO
EKSO
Q4 25
$-3.01
Q3 25
$-0.34
$-0.54
Q2 25
$-0.30
$-1.24
Q1 25
$-0.41
$-0.12
Q4 24
$-0.02
$-4.71
Q3 24
$-0.43
$-1.53
Q2 24
$-0.40
$-1.99
Q1 24
$-0.38
$-0.20

Balance Sheet & Financial Strength

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

Metric
ALEC
ALEC
EKSO
EKSO
Cash + ST InvestmentsLiquidity on hand
$256.0M
$1.2M
Total DebtLower is stronger
$10.0M
Stockholders' EquityBook value
$30.6M
$9.0M
Total Assets
$293.2M
$20.1M
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALEC
ALEC
EKSO
EKSO
Q4 25
$256.0M
$1.2M
Q3 25
$291.1M
$2.7M
Q2 25
$307.3M
$5.2M
Q1 25
$354.6M
$8.1M
Q4 24
$413.4M
$4.5M
Q3 24
$457.2M
$8.3M
Q2 24
$503.3M
$5.9M
Q1 24
$562.1M
$8.8M
Total Debt
ALEC
ALEC
EKSO
EKSO
Q4 25
$10.0M
Q3 25
Q2 25
Q1 25
Q4 24
$10.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALEC
ALEC
EKSO
EKSO
Q4 25
$30.6M
$9.0M
Q3 25
$57.7M
$9.7M
Q2 25
$71.2M
$10.9M
Q1 25
$94.6M
$12.7M
Q4 24
$126.8M
$12.7M
Q3 24
$118.9M
$14.9M
Q2 24
$150.6M
$12.1M
Q1 24
$178.9M
$14.1M
Total Assets
ALEC
ALEC
EKSO
EKSO
Q4 25
$293.2M
$20.1M
Q3 25
$335.3M
$21.7M
Q2 25
$356.4M
$23.2M
Q1 25
$408.3M
$27.3M
Q4 24
$468.3M
$26.7M
Q3 24
$516.0M
$29.2M
Q2 24
$570.7M
$27.0M
Q1 24
$635.5M
$29.0M
Debt / Equity
ALEC
ALEC
EKSO
EKSO
Q4 25
0.33×
Q3 25
Q2 25
Q1 25
Q4 24
0.08×
Q3 24
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
EKSO
EKSO
Operating Cash FlowLast quarter
$-184.0M
$-4.3M
Free Cash FlowOCF − Capex
$-184.1M
$-4.5M
FCF MarginFCF / Revenue
-2951.3%
-141.9%
Capex IntensityCapex / Revenue
0.7%
4.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-326.5M
$-12.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALEC
ALEC
EKSO
EKSO
Q4 25
$-184.0M
$-4.3M
Q3 25
$-32.5M
$-2.1M
Q2 25
$-49.0M
$-3.4M
Q1 25
$-60.8M
$-2.0M
Q4 24
$-55.0M
$-1.4M
Q3 24
$-50.7M
$-2.3M
Q2 24
$-62.8M
$-2.7M
Q1 24
$-61.3M
$-3.5M
Free Cash Flow
ALEC
ALEC
EKSO
EKSO
Q4 25
$-184.1M
$-4.5M
Q3 25
$-32.5M
$-2.1M
Q2 25
$-49.1M
$-3.5M
Q1 25
$-60.8M
$-2.0M
Q4 24
$-55.2M
$-1.5M
Q3 24
$-50.9M
$-2.3M
Q2 24
$-63.1M
Q1 24
$-61.9M
$-3.5M
FCF Margin
ALEC
ALEC
EKSO
EKSO
Q4 25
-2951.3%
-141.9%
Q3 25
-997.6%
-49.0%
Q2 25
-623.0%
-169.4%
Q1 25
-1655.0%
-58.5%
Q4 24
-101.8%
-28.6%
Q3 24
-332.1%
-55.3%
Q2 24
-418.6%
Q1 24
-389.3%
-92.5%
Capex Intensity
ALEC
ALEC
EKSO
EKSO
Q4 25
0.7%
4.0%
Q3 25
0.3%
0.3%
Q2 25
0.1%
1.9%
Q1 25
0.5%
0.3%
Q4 24
0.3%
0.4%
Q3 24
1.4%
0.2%
Q2 24
2.2%
0.0%
Q1 24
3.4%
0.2%

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALEC
ALEC

Segment breakdown not available.

EKSO
EKSO

Products$2.3M75%
Other$799.0K25%

Related Comparisons