Aeluma, Inc. (ALMU) Stock

Aeluma, Inc. (ALMU) is a Technology stock trading at $14.91 (as of 2026-08-20), with a market capitalization of $272.93M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Aeluma, Inc. develops optoelectronic devices intended for sensing and communications uses. It manufactures these devices using compound semiconductor materials on diameter silicon wafers, which support production of mass market microelectronics.

Understand Aeluma, Inc.: how it makes money

Aeluma, Inc. develops and manufactures optoelectronic devices for sensing and communications applications, using compound semiconductor materials on silicon wafers, and monetizes those products through supplying devices used in mass market microelectronics manufacturing.

Profitability depends on converting optoelectronic device development and manufacturing into recurring, revenue-generating customer demand, where sales outcomes can only improve if customer engagements and the pipeline translate into actual device orders.

Business quality (Weak): The latest provided quarter shows revenue at 0.0B and an extremely negative operating margin (-273.9), so the key question is whether customer engagement and pipeline progress leads to measurable revenue.

Bull case

  • Focused product use case: Aeluma develops optoelectronic devices for sensing and communications applications.
  • Manufacturing approach aligned to mass-market microelectronics: It manufactures devices using compound semiconductor materials on silicon wafers used to make mass market microelectronics.
  • Ongoing commercial activity signals: The company reports Customer Engagements Pipeline of 30.0 (count) and Active Engagements With Prospective Customers of 20.0 (count) in the provided data.

Bear case

  • Loss-making operating profile in the latest quarter: Operating margin is -273.9 for the period 2026-03-31.
  • No revenue is shown in the latest provided data: Revenue is provided as 0.0B for the period 2026-03-31, which limits visibility into current monetization.
Valuation — source: SEC EDGAR (first-party)
Price$14.91
Market Cap$272.93M
Price / Book6.81
Price / Sales52.53
FCF Yield-0.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$4.67M
Net Margin-64.8%
Revenue Growth (YoY)-2.6%
EPS Growth (YoY)-183.3%
FCF Growth (YoY)-477.8%
Financial Health — source: SEC EDGAR
Altman Z-Score93.99 (safe)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($14.71M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOJonathan Klamkin
Employees11
CountryUS
IPO Date2022-11-16

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ALMU earnings history · ALMU institutional & insider holders · ALMU KPIs & operating metrics · ALMU financials · ALMU investor presentations & press releases · ALMU SEC filings · ALMU peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.