Oruka Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:45:25Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -88.42M | -58.03M | -5.01M | -10.91M | -18.80M | -7.74M |
| EBITDA | -121.97M | -88.10M | -7.28M | -10.58M | -19.32M | -9.76M |
| Working Capital | 328.48M | 363.83M | 36.95M | 41.57M | 50.92M | 46.47M |
| Net Debt | -45.00M | -60.61M | -37.15M | -42.06M | -52.88M | -48.62M |
| Return on Equity (ROE) | -22.34% | -21.90% | -14.42% | -23.82% | -37.85% | -20.93% |
| Return on Assets (ROA) | -21.58% | -21.14% | -14.10% | -23.04% | -35.18% | -19.31% |
| Current Ratio | 22.37× | 28.89× | 59.01× | 37.72× | 15.56× | 14.28× |
| Debt-to-Equity | 0.00× | 0.00× | 0.01× | 0.01× | 0.01× | 0.01× |
| Effective Tax Rate | — | — | — | — | 0.00% | 0.09% |
| Cash Conversion Ratio | 0.84× | 0.69× | 0.94× | 1.10× | 0.97× | 0.79× |
| Accruals Ratio | -0.04× | -0.07× | -0.01× | 0.02× | -0.01× | -0.04× |
| CapEx Coverage | -422.06× | -306.02× | — | -5456.00× | -436.33× | -406.58× |
| Free Cash Flow Per Share | — | $-3.46 | $-0.35 | $-0.76 | $-1.35 | $-1.64 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/B | 3.13× | 1.90× | 0.67× | 0.82× | 0.61× | 0.82× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | — | — | 0 | 0 | 0 | 0 |
| Research and Development Expense | 100.64M | 75.06M | 1.01M | 4.75M | 13.83M | 4.99M |
| Operating Expenses | 122.05M | 88.12M | 7.30M | 10.60M | 19.34M | 9.77M |
| Operating Income (Loss) | -122.05M | -88.12M | -7.30M | -10.60M | -19.34M | -9.77M |
| Income Tax Expense (Benefit) | — | — | 0 | 0 | 0 | -9.00K |
| Net Income (Loss) Attributable to Parent | -105.43M | -83.72M | -5.34M | -9.93M | -19.32M | -9.74M |
| Earnings Per Share, Basic | — | $-3.87 | $-0.37 | $-0.69 | $-1.39 | — |
| Weighted Average Number of Shares Outstanding, Basic | — | 16.79M | 14.42M | 14.41M | 13.90M | — |
| Earnings Per Share, Diluted | — | $-3.87 | $-0.37 | $-0.69 | $-1.39 | — |
| Weighted Average Number of Shares Outstanding, Diluted | — | 16.79M | 14.42M | 14.41M | 13.90M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 46.94M | 61.58M | 37.43M | 42.45M | 53.36M | 49.07M |
| Assets, Current | 343.86M | 376.87M | 37.59M | 42.70M | 54.42M | 49.97M |
| Assets | 488.62M | 396.02M | 37.86M | 43.09M | 54.92M | 50.43M |
| Liabilities, Current | 15.37M | 13.04M | 637.00K | 1.13M | 3.50M | 3.50M |
| Liabilities | 16.69M | 13.80M | 841.00K | 1.41M | 3.88M | 3.91M |
| Stockholders' Equity Attributable to Parent | 471.93M | 382.22M | 37.02M | 41.67M | 51.04M | 46.52M |
| Common Stock, Shares, Outstanding | 48.72M | 37.44M | 14.50M | 14.41M | 14.41M | 9.55M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -88.21M | -57.84M | -5.01M | -10.91M | -18.76M | -7.72M |
| Payments to Acquire Property, Plant, and Equipment | 209.00K | 189.00K | 0 | 2.00K | 43.00K | 19.00K |
| Net Cash Provided by (Used in) Investing Activities | -96.75M | -330.13M | 0 | -2.00K | -43.00K | -19.00K |
| Net Cash Provided by (Used in) Financing Activities | 170.31M | 449.54M | 0 | 0 | 23.09M | 48.45M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -23.65M | -22.66M | -65.76M | -44.06M | -20.88M | — |
| EBITDA | -36.39M | -34.40M | — | — | -25.07M | — |
| Working Capital | 378.62M | 328.48M | 334.20M | 319.90M | 340.36M | 363.83M |
| Net Debt | -47.71M | -45.00M | -89.34M | -63.07M | -82.63M | -60.61M |
| Return on Equity (ROE) | -6.54% | -6.27% | -6.22% | -7.15% | -5.76% | — |
| Return on Assets (ROA) | -6.31% | -6.05% | -5.95% | -6.88% | -5.57% | — |
| Current Ratio | 23.76× | 22.37× | 16.94× | 27.42× | 30.03× | 28.89× |
| Debt-to-Equity | 0.00× | 0.00× | 0.00× | 0.01× | 0.00× | 0.00× |
| Cash Conversion Ratio | 0.74× | 0.76× | 2.17× | 1.79× | 0.99× | — |
| Accruals Ratio | -0.02× | -0.01× | 0.07× | 0.05× | -0.00× | — |
| CapEx Coverage | -322.99× | -358.63× | -449.42× | -936.47× | -1605.31× | — |
| Free Cash Flow Per Share | — | — | — | $-1.05 | $-0.50 | — |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 5.06× | 3.13× | 1.91× | 1.22× | 1.05× | 1.90× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 29.14M | 27.64M | 28.99M | 24.09M | 19.93M | — |
| Operating Expenses | 36.43M | 34.43M | 34.10M | 28.43M | 25.09M | — |
| Operating Income (Loss) | -36.43M | -34.43M | -34.10M | -28.43M | -25.09M | — |
| Net Income (Loss) Attributable to Parent | -31.82M | -29.58M | -30.28M | -24.57M | -21.00M | — |
| Earnings Per Share, Basic | — | — | — | $-0.46 | $-0.40 | — |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 42.10M | 41.68M | — |
| Earnings Per Share, Diluted | — | — | — | $-0.46 | $-0.40 | — |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 42.10M | 41.68M | — |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 49.52M | 46.94M | 91.25M | 65.40M | 83.57M | 61.58M |
| Assets, Current | 395.25M | 343.86M | 355.16M | 332.01M | 352.08M | 376.87M |
| Assets | 504.48M | 488.62M | 509.25M | 357.42M | 377.11M | 396.02M |
| Liabilities, Current | 16.63M | 15.37M | 20.97M | 12.11M | 11.72M | 13.04M |
| Liabilities | 17.76M | 16.69M | 22.46M | 13.78M | 12.39M | 13.80M |
| Stockholders' Equity Attributable to Parent | 486.72M | 471.93M | 486.79M | 343.64M | 364.73M | 382.22M |
| Common Stock, Shares, Outstanding | 50.17M | 48.72M | 48.38M | 37.45M | 37.44M | 37.44M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -23.58M | -22.59M | -65.62M | -44.01M | -20.87M | — |
| Payments to Acquire Property, Plant, and Equipment | 73.00K | 63.00K | 146.00K | 47.00K | 13.00K | — |
| Net Cash Provided by (Used in) Investing Activities | -14.44M | -22.02M | -74.72M | 47.73M | 42.87M | — |
| Net Cash Provided by (Used in) Financing Activities | 40.60M | 298.00K | 170.02M | 109.00K | — | — |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ORKA CIK 0000907654),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.