ALLURION TECHNOLOGIES, INC.
ALUR, ALURW · Surgical & Medical Instruments & Apparatus · 15.0M shares · +44%/yr ↑ shares · EDGAR filings ↗
Reference price $1.58 · est. market cap ~$24M — last insider sale, 2025-12-04 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
F36Weight-loss-device company (gastric balloon) — revenue collapse, deep losses, and near-insolvent liquidity.
Strengths
- Decent gross margin — 63%
Risks
- Revenue collapse, deep losses — revenue -53%, operating margin -198%
- Near-insolvent liquidity, negative equity — current ratio 0.33 (12th), ROE artifact
- Going-concern/capital-need risk — per 10-K
Notable findings
- Auditor changeRecent 8-K item 4.01 8-K ↗
- Net lossNet loss (net margin -188.8%)
- Weak liquidityCurrent ratio 0.33 (<1)
- Chronic dilutionShare count +44%/yr over 2y (dilution)
- FDA approvalFDA clearance/approval — Allurion Gastric Balloon System (2026-02-20)
- Notable holderHeld by 1 notable fund(s): GOLDMAN SACHS GROUP INC (as of 2025-12-31)
- Revenue declineRevenue -18.4% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
62.8%
Operating margin
-198.0%
Net margin
-188.8%
Return on equity
37.3%
Return on assets
-182.3%
Revenue growth (QoQ)
-18.4%
Current ratio
0.3×
EBITDA
-$29M
Tangible book value
-$77M
Cash & investments
$5M
Stock comp / revenue
20.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2025-12-04 | Davin Michael R | Sell | 1.6K | $1.58 |
| 2025-12-03 | Davin Michael R | Sell | 1.6K | $1.48 |
| 2025-11-26 | Davin Michael R | Gift | 2.6K | — |
| 2025-11-26 | Davin Michael R | Gift | 2.6K | — |
| 2025-11-12 | RTW INVESTMENTS, LP | Grant | 768K | $1.67 |
| 2025-11-12 | RTW INVESTMENTS, LP | Grant | 97K | $1.67 |
| 2025-11-12 | RTW INVESTMENTS, LP | Grant | 992K | $1.67 |
| 2025-11-05 | RTW INVESTMENTS, LP | Conversion | 823K | $3.35 |
| 2025-11-05 | RTW INVESTMENTS, LP | Conversion | 38K | $3.35 |
| 2025-11-05 | RTW INVESTMENTS, LP | Conversion | 632K | $3.35 |
| 2025-10-03 | Davin Michael R | Gift | 604 | — |
| 2025-10-03 | Davin Michael R | Gift | 604 | — |
| 2025-05-19 | Gaur Shantanu | Buy | 8.0K | $3.06 |
| 2025-04-16 | RTW INVESTMENTS, LP | Conversion | 823K | $3.35 |
| 2025-04-16 | RTW INVESTMENTS, LP | Conversion | 632K | $3.35 |
| 2025-04-16 | RTW INVESTMENTS, LP | Conversion | 38K | $3.35 |
| 2025-03-28 | Gaur Shantanu | Buy | 8.0K | $3.35 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-17 | 3.035.03OtherExhibits | filing ↗ |
| 2026-05-27 | Auditor changeExhibits | filing ↗ |
| 2026-03-12 | Delisting noticeOtherExhibits | filing ↗ |
| 2026-03-02 | Delisting noticeOtherExhibits | filing ↗ |
| 2026-02-25 | Material agreement3.023.03Exhibits | filing ↗ |
| 2026-02-23 | Reg FDExhibits | filing ↗ |
| 2026-01-12 | ResultsExhibits | filing ↗ |
| 2025-12-19 | Shareholder voteExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-17 | 2026-06-12 | 0001193125-26-274250 ↗ |
| 8-K | 2026-05-27 | 2026-05-20 | 0001193125-26-242009 ↗ |
| 10-Q | 2026-05-15 | 2026-03-31 | 0001193125-26-226960 ↗ |
| 10-K | 2026-03-30 | 2025-12-31 | 0001193125-26-130483 ↗ |
| 8-K | 2026-03-12 | 2026-03-06 | 0001193125-26-104434 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0001193125-26-084412 ↗ |
| 8-K | 2026-02-25 | 2026-02-24 | 0001193125-26-068667 ↗ |
| 8-K | 2026-02-23 | 2026-02-23 | 0001193125-26-062599 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001193125-26-010462 ↗ |
| 8-K | 2025-12-19 | 2025-12-18 | 0001193125-25-327032 ↗ |
| 10-Q | 2025-11-17 | 2025-09-30 | 0001193125-25-284630 ↗ |
| 8-K | 2025-11-12 | 2025-11-06 | 0001193125-25-276066 ↗ |