Alto Neuroscience, Inc. R&D Expense

Quick Answer

Alto Neuroscience, Inc. reported R&D Expense of $45.62 million for fiscal year 2025.

Alto Neuroscience, Inc. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2025 $45.62M -2.9%
2024 $47.00M +55.1%
2023 $30.29M

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2025 $10.53M -19.4% -19.8%
June 30, 2025 $13.12M -0.5% +31.6%
March 31, 2025 $9.97M +0.2% -23.6%
September 30, 2024 $13.06M +63.9% -0.9%
June 30, 2024 $13.18M +86.4% +32.5%
March 31, 2024 $9.95M +77.4% +24.9%
September 30, 2023 $7.97M +12.7%
June 30, 2023 $7.07M +26.1%
  • Alto Neuroscience, Inc. showed a decrease of -2.9% in R&D Expense compared to the prior fiscal year.
  • Over the 2023–2025 period, Alto Neuroscience, Inc.’s r&d expense has grown by 50.6% (from $30.29 million to $45.62 million).
  • The most recent figure is from Alto Neuroscience, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 16, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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