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Side-by-side financial comparison of Alector, Inc. (ALEC) and SOLAI Ltd (SLAI). Click either name above to swap in a different company.

SOLAI Ltd is the larger business by last-quarter revenue ($11.0M vs $6.2M, roughly 1.8× Alector, Inc.). On growth, SOLAI Ltd posted the faster year-over-year revenue change (-43.1% vs -88.5%). SOLAI Ltd produced more free cash flow last quarter ($-17.0M vs $-184.1M).

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.

ALEC vs SLAI — Head-to-Head

Bigger by revenue
SLAI
SLAI
1.8× larger
SLAI
$11.0M
$6.2M
ALEC
Growing faster (revenue YoY)
SLAI
SLAI
+45.4% gap
SLAI
-43.1%
-88.5%
ALEC
More free cash flow
SLAI
SLAI
$167.1M more FCF
SLAI
$-17.0M
$-184.1M
ALEC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
ALEC
ALEC
SLAI
SLAI
Revenue
$6.2M
$11.0M
Net Profit
$-13.9M
Gross Margin
0.1%
Operating Margin
-126.2%
Net Margin
-126.2%
Revenue YoY
-88.5%
-43.1%
Net Profit YoY
-1696.9%
-173.4%
EPS (diluted)
$-0.01

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
SLAI
SLAI
Q4 25
$6.2M
Q3 25
$3.3M
Q2 25
$7.9M
$11.0M
Q1 25
$3.7M
Q4 24
$54.2M
Q3 24
$15.3M
Q2 24
$15.1M
$19.4M
Q1 24
$15.9M
Net Profit
ALEC
ALEC
SLAI
SLAI
Q4 25
Q3 25
$-34.7M
Q2 25
$-30.5M
$-13.9M
Q1 25
$-40.5M
Q4 24
$-2.1M
Q3 24
$-42.2M
Q2 24
$-38.7M
$18.9M
Q1 24
$-36.1M
Gross Margin
ALEC
ALEC
SLAI
SLAI
Q4 25
Q3 25
Q2 25
0.1%
Q1 25
Q4 24
Q3 24
Q2 24
52.4%
Q1 24
Operating Margin
ALEC
ALEC
SLAI
SLAI
Q4 25
Q3 25
-1153.6%
Q2 25
-433.6%
-126.2%
Q1 25
-1216.5%
Q4 24
-13.4%
Q3 24
-315.7%
Q2 24
-302.4%
-2.6%
Q1 24
-275.0%
Net Margin
ALEC
ALEC
SLAI
SLAI
Q4 25
Q3 25
-1063.4%
Q2 25
-387.7%
-126.2%
Q1 25
-1101.6%
Q4 24
-3.8%
Q3 24
-275.2%
Q2 24
-256.4%
97.9%
Q1 24
-227.0%
EPS (diluted)
ALEC
ALEC
SLAI
SLAI
Q4 25
Q3 25
$-0.34
Q2 25
$-0.30
$-0.01
Q1 25
$-0.41
Q4 24
$-0.02
Q3 24
$-0.43
Q2 24
$-0.40
$0.02
Q1 24
$-0.38

Balance Sheet & Financial Strength

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

Metric
ALEC
ALEC
SLAI
SLAI
Cash + ST InvestmentsLiquidity on hand
$256.0M
$1.2M
Total DebtLower is stronger
$10.0M
Stockholders' EquityBook value
$30.6M
$43.8M
Total Assets
$293.2M
$69.1M
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALEC
ALEC
SLAI
SLAI
Q4 25
$256.0M
Q3 25
$291.1M
Q2 25
$307.3M
$1.2M
Q1 25
$354.6M
Q4 24
$413.4M
Q3 24
$457.2M
Q2 24
$503.3M
$2.3M
Q1 24
$562.1M
Total Debt
ALEC
ALEC
SLAI
SLAI
Q4 25
$10.0M
Q3 25
Q2 25
Q1 25
Q4 24
$10.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALEC
ALEC
SLAI
SLAI
Q4 25
$30.6M
Q3 25
$57.7M
Q2 25
$71.2M
$43.8M
Q1 25
$94.6M
Q4 24
$126.8M
Q3 24
$118.9M
Q2 24
$150.6M
$45.9M
Q1 24
$178.9M
Total Assets
ALEC
ALEC
SLAI
SLAI
Q4 25
$293.2M
Q3 25
$335.3M
Q2 25
$356.4M
$69.1M
Q1 25
$408.3M
Q4 24
$468.3M
Q3 24
$516.0M
Q2 24
$570.7M
$63.3M
Q1 24
$635.5M
Debt / Equity
ALEC
ALEC
SLAI
SLAI
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
SLAI
SLAI
Operating Cash FlowLast quarter
$-184.0M
$-17.0M
Free Cash FlowOCF − Capex
$-184.1M
$-17.0M
FCF MarginFCF / Revenue
-2951.3%
-154.2%
Capex IntensityCapex / Revenue
0.7%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-326.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALEC
ALEC
SLAI
SLAI
Q4 25
$-184.0M
Q3 25
$-32.5M
Q2 25
$-49.0M
$-17.0M
Q1 25
$-60.8M
Q4 24
$-55.0M
Q3 24
$-50.7M
Q2 24
$-62.8M
$-12.1M
Q1 24
$-61.3M
Free Cash Flow
ALEC
ALEC
SLAI
SLAI
Q4 25
$-184.1M
Q3 25
$-32.5M
Q2 25
$-49.1M
$-17.0M
Q1 25
$-60.8M
Q4 24
$-55.2M
Q3 24
$-50.9M
Q2 24
$-63.1M
Q1 24
$-61.9M
FCF Margin
ALEC
ALEC
SLAI
SLAI
Q4 25
-2951.3%
Q3 25
-997.6%
Q2 25
-623.0%
-154.2%
Q1 25
-1655.0%
Q4 24
-101.8%
Q3 24
-332.1%
Q2 24
-418.6%
Q1 24
-389.3%
Capex Intensity
ALEC
ALEC
SLAI
SLAI
Q4 25
0.7%
Q3 25
0.3%
Q2 25
0.1%
0.0%
Q1 25
0.5%
Q4 24
0.3%
Q3 24
1.4%
Q2 24
2.2%
Q1 24
3.4%
Cash Conversion
ALEC
ALEC
SLAI
SLAI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.64×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALEC
ALEC

Segment breakdown not available.

SLAI
SLAI

Data center$6.5M59%
Cryptocurrency mining$4.6M41%

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