Aeluma, Inc.

NasdaqCM:ALMU Stock Report

Market Cap: US$334.1m

Aeluma Past Earnings Performance

Past criteria checks 0/6

Aeluma's earnings have been declining at an average annual rate of -18.3%, while the Semiconductor industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 78% per year.

Key information

-18.30%

Earnings growth rate

-10.77%

EPS growth rate

Semiconductor Industry Growth27.66%
Revenue growth rate77.95%
Return on equity-14.98%
Net Margin-115.55%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

ALMU: New Engineering Leadership And Government Contracts Will Support Future Upside

Analysts have lifted their Aeluma price target from $25.50 to about $28.67, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E as the key drivers of the change. What’s in the News for Aeluma Aeluma appointed Brendan Moran, Ph.D. as Vice President of Engineering to lead commercialization and manufacturing readiness for its compound semiconductor products across AI infrastructure, mobile, defense and aerospace, and quantum applications.
Seeking Alpha Jun 25

Aeluma: Speculative Upside But Not Much Revenue Clarity

Summary Aeluma targets semiconductor bottlenecks with InP-on-Silicon tech, promising 16x wafer area and lower costs. ALMU's current revenues are limited to government R&D contracts, with no commercial adoption or material revenue visibility yet. Significant future supply from China and ongoing dilution raise concerns about ALMU's competitive advantage and long-term economics. I have a Hold rating, as speculative upside is outweighed by a lack of proven contracts, revenue clarity, and unit economics. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Aeluma makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:ALMU Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 265-663
31 Dec 255-362
30 Sep 256-452
30 Jun 255-341
31 Mar 254-332
31 Dec 243-622
30 Sep 241-422
30 Jun 241-523
31 Mar 241-532
31 Dec 230-532
30 Sep 230-533
30 Jun 230-533
31 Mar 230-533
31 Dec 220-522
30 Sep 220-432
30 Jun 220-321
31 Mar 220-221
31 Dec 210-110
30 Sep 210-110
30 Jun 210000
31 Mar 210000
31 Dec 200000

Quality Earnings: ALMU is currently unprofitable.

Growing Profit Margin: ALMU is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ALMU is unprofitable, and losses have increased over the past 5 years at a rate of 18.3% per year.

Accelerating Growth: Unable to compare ALMU's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ALMU is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (22.6%).


Return on Equity

High ROE: ALMU has a negative Return on Equity (-14.98%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 04:33
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aeluma, Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David WilliamsBenchmark Company
Richard ShannonCraig-Hallum Capital Group LLC
Danial YermakhanFreedom Broker