Alerus Financial financials
$31.77−0.90%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $103.6M | $97.8M | $33.4M | $100.1M | $102.2M | $95.8M | $101.2M | $80.6M | $80.4M | $74.4M | $45.5M | $70.4M |
| Gross profit | $80.7M | $75.8M | $8.2M | $72.6M | $74.8M | $68.8M | $72.2M | $50.9M | $51.4M | $47.5M | $22.3M | $48.8M |
| Gross margin | 77.9% | 77.4% | 24.6% | 72.5% | 73.2% | 71.8% | 71.3% | 63.2% | 63.9% | 63.9% | 49.1% | 69.3% |
| Operating income | $27.3M | $30.3M | -$43.4M | $22.0M | $26.4M | $17.6M | -$291.0K | $6.8M | $8.1M | $8.5M | -$17.8M | $11.5M |
| Net income | $20.7M | $22.8M | -$33.1M | $16.9M | $20.0M | $13.2M | -$66.0K | $5.2M | $6.2M | $6.4M | -$14.8M | $9.2M |
| Net margin | 20.0% | 23.3% | −98.8% | 16.9% | 19.6% | 13.8% | −0.1% | 6.5% | 7.7% | 8.6% | −32.4% | 13.0% |
| Diluted EPS | $0.81 | $0.89 | $-1.29 | $0.65 | $0.78 | $0.52 | $0.00 | $0.26 | $0.31 | $0.32 | $-0.74 | $0.45 |
| EBITDA | $27.3M | $30.3M | -$43.4M | $22.0M | $26.4M | $17.6M | -$291.0K | $6.8M | $8.1M | $8.5M | -$17.8M | $11.5M |
| Operating cash flow | $18.6M | $27.8M | $16.3M | $32.8M | $10.7M | $7.7M | $2.3M | $20.2M | -$12.5M | $11.7M | $4.1M | $12.8M |
| Free cash flow | $17.9M | $25.8M | $15.3M | $30.3M | $7.6M | $5.7M | -$5.5M | $20.2M | -$16.1M | $10.8M | $2.4M | $12.4M |
| Diluted shares | 25.4M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.2M | 20.1M | 20.1M | 20.0M | 20.0M | 20.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $109.0M | $128.8M | $67.2M | $92.0M | $80.9M | $83.0M |
| Short-term investments | $777.2M | $771.3M | $770.3M | $791.6M | $806.5M | $839.4M |
| Total debt | $404.2M | $259.2M | $368.0M | $259.2M | $373.7M | $259.1M |
| Total assets | $5.29B | $5.29B | $5.23B | $5.33B | $5.32B | $5.34B |
| Total liabilities | $4.71B | $4.71B | $4.67B | $4.78B | $4.79B | $4.83B |
| Shareholders' equity | $583.1M | $574.7M | $564.9M | $550.7M | $533.2M | $514.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology