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Side-by-side financial comparison of ALUMIS INC. (ALMS) and KOSS CORP (KOSS). Click either name above to swap in a different company.

KOSS CORP is the larger business by last-quarter revenue ($2.9M vs $2.7M, roughly 1.1× ALUMIS INC.). ALUMIS INC. runs the higher net margin — 2225.1% vs -19.8%, a 2244.9% gap on every dollar of revenue. KOSS CORP produced more free cash flow last quarter ($-1.1M vs $-107.0M).

ALUMIS INC. is a clinical-stage biopharmaceutical company focused on developing innovative targeted therapies for patients suffering from autoimmune and inflammatory disorders. It advances multiple product candidates through clinical trials, aiming to address unmet medical needs for patient populations across global markets.

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.

ALMS vs KOSS — Head-to-Head

Bigger by revenue
KOSS
KOSS
1.1× larger
KOSS
$2.9M
$2.7M
ALMS
Higher net margin
ALMS
ALMS
2244.9% more per $
ALMS
2225.1%
-19.8%
KOSS
More free cash flow
KOSS
KOSS
$105.9M more FCF
KOSS
$-1.1M
$-107.0M
ALMS

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
ALMS
ALMS
KOSS
KOSS
Revenue
$2.7M
$2.9M
Net Profit
$59.3M
$-565.4K
Gross Margin
29.0%
Operating Margin
-5271.5%
-35.5%
Net Margin
2225.1%
-19.8%
Revenue YoY
-19.6%
Net Profit YoY
205.0%
-700.6%
EPS (diluted)
$0.77
$-0.06

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
ALMS
ALMS
KOSS
KOSS
Q4 25
$2.9M
Q3 25
$4.1M
Q2 25
$2.7M
$3.1M
Q1 25
$17.4M
$2.8M
Q4 24
$3.6M
Q3 24
$3.2M
Q2 24
$2.9M
Q1 24
$2.6M
Net Profit
ALMS
ALMS
KOSS
KOSS
Q4 25
$-565.4K
Q3 25
$243.7K
Q2 25
$59.3M
$-232.7K
Q1 25
$-99.0M
$-316.7K
Q4 24
$94.1K
Q3 24
$-419.5K
Q2 24
$-110.4K
Q1 24
$-313.8K
Gross Margin
ALMS
ALMS
KOSS
KOSS
Q4 25
29.0%
Q3 25
40.0%
Q2 25
36.0%
Q1 25
39.0%
Q4 24
39.5%
Q3 24
36.6%
Q2 24
40.4%
Q1 24
31.9%
Operating Margin
ALMS
ALMS
KOSS
KOSS
Q4 25
-35.5%
Q3 25
-1.1%
Q2 25
-5271.5%
-14.2%
Q1 25
-583.9%
-18.7%
Q4 24
-4.0%
Q3 24
-19.9%
Q2 24
-11.0%
Q1 24
-23.1%
Net Margin
ALMS
ALMS
KOSS
KOSS
Q4 25
-19.8%
Q3 25
6.0%
Q2 25
2225.1%
-7.5%
Q1 25
-569.1%
-11.4%
Q4 24
2.6%
Q3 24
-13.1%
Q2 24
-3.8%
Q1 24
-11.9%
EPS (diluted)
ALMS
ALMS
KOSS
KOSS
Q4 25
$-0.06
Q3 25
$0.03
Q2 25
$0.77
$-0.02
Q1 25
$-1.82
$-0.03
Q4 24
$0.01
Q3 24
$-0.05
Q2 24
$-0.01
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
ALMS
ALMS
KOSS
KOSS
Cash + ST InvestmentsLiquidity on hand
$486.3M
$15.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$485.3M
$30.3M
Total Assets
$610.9M
$36.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALMS
ALMS
KOSS
KOSS
Q4 25
$15.5M
Q3 25
$16.5M
Q2 25
$486.3M
$15.7M
Q1 25
$208.7M
$13.0M
Q4 24
$9.7M
Q3 24
$11.9M
Q2 24
$14.9M
Q1 24
$9.9M
Stockholders' Equity
ALMS
ALMS
KOSS
KOSS
Q4 25
$30.3M
Q3 25
$30.9M
Q2 25
$485.3M
$30.6M
Q1 25
$168.3M
$30.7M
Q4 24
$31.0M
Q3 24
$30.8M
Q2 24
$31.1M
Q1 24
$31.1M
Total Assets
ALMS
ALMS
KOSS
KOSS
Q4 25
$36.8M
Q3 25
$37.7M
Q2 25
$610.9M
$37.2M
Q1 25
$261.3M
$37.3M
Q4 24
$37.4M
Q3 24
$38.1M
Q2 24
$37.2M
Q1 24
$37.6M

Cash Flow & Capital Efficiency

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

Metric
ALMS
ALMS
KOSS
KOSS
Operating Cash FlowLast quarter
$-106.4M
$-760.8K
Free Cash FlowOCF − Capex
$-107.0M
$-1.1M
FCF MarginFCF / Revenue
-4012.3%
-37.5%
Capex IntensityCapex / Revenue
23.1%
10.9%
Cash ConversionOCF / Net Profit
-1.79×
TTM Free Cash FlowTrailing 4 quarters
$-546.7K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALMS
ALMS
KOSS
KOSS
Q4 25
$-760.8K
Q3 25
$762.6K
Q2 25
$-106.4M
$-534.9K
Q1 25
$-80.4M
$370.4K
Q4 24
$-252.0K
Q3 24
$201.6K
Q2 24
$-174.0K
Q1 24
$328.6K
Free Cash Flow
ALMS
ALMS
KOSS
KOSS
Q4 25
$-1.1M
Q3 25
$761.5K
Q2 25
$-107.0M
$-541.8K
Q1 25
$-80.4M
$306.2K
Q4 24
$-314.3K
Q3 24
$-155.6K
Q2 24
$-174.8K
Q1 24
$269.3K
FCF Margin
ALMS
ALMS
KOSS
KOSS
Q4 25
-37.5%
Q3 25
18.7%
Q2 25
-4012.3%
-17.6%
Q1 25
-462.3%
11.0%
Q4 24
-8.8%
Q3 24
-4.9%
Q2 24
-6.0%
Q1 24
10.2%
Capex Intensity
ALMS
ALMS
KOSS
KOSS
Q4 25
10.9%
Q3 25
0.0%
Q2 25
23.1%
0.2%
Q1 25
0.2%
2.3%
Q4 24
1.8%
Q3 24
11.2%
Q2 24
0.0%
Q1 24
2.3%
Cash Conversion
ALMS
ALMS
KOSS
KOSS
Q4 25
Q3 25
3.13×
Q2 25
-1.79×
Q1 25
Q4 24
-2.68×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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