Vera Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T04:18:39Z
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 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -241.73M | -135.65M | -92.24M | -67.66M | -23.71M | -35.04M |
| EBITDA | -315.00M | -167.06M | -101.99M | -91.75M | -34.23M | -51.99M |
| Working Capital | 675.43M | 625.85M | 149.72M | 100.10M | 74.85M | 51.85M |
| Net Debt | -277.26M | -38.01M | 8.15M | -11.98M | -65.67M | -53.65M |
| Return on Equity (ROE) | -49.56% | -26.36% | -94.40% | -115.80% | -46.86% | 59.78% |
| Return on Assets (ROA) | -40.78% | -23.20% | -54.68% | -67.76% | -38.94% | -97.91% |
| Current Ratio | 13.64× | 25.67× | 7.71× | 4.91× | 10.73× | 22.55× |
| Debt-to-Equity | 0.13× | 0.09× | 0.53× | 0.41× | 0.20× | 0.00× |
| Effective Tax Rate | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | 0.00% |
| Cash Conversion Ratio | 0.80× | 0.89× | 0.96× | 0.76× | 0.73× | 0.65× |
| Accruals Ratio | -0.08× | -0.03× | -0.02× | -0.16× | -0.11× | -0.34× |
| CapEx Coverage | -382.70× | -138.56× | -1463.19× | -1090.26× | — | -152.00× |
| Free Cash Flow Per Share | $-3.76 | $-2.45 | $-2.16 | $-2.55 | $-1.76 | $-109.51 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| P/B | 5.38× | 4.05× | 6.46× | 6.69× | 5.16× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 215.26M | 126.17M | 78.22M | 68.99M | 22.48M | 45.21M |
| Operating Expenses | 315.47M | 167.17M | 102.01M | 90.90M | 34.40M | 52.24M |
| Operating Income (Loss) | -315.47M | -167.17M | -102.01M | -90.90M | -34.40M | -52.24M |
| Income Tax Expense (Benefit) | 1.00K | 1.00K | 1.00K | 1.00K | 1.00K | -1.00K |
| Net Income (Loss) Attributable to Parent | -299.62M | -152.15M | -95.99M | -89.06M | -32.61M | -53.41M |
| Earnings Per Share, Basic | $-4.66 | $-2.75 | $-2.25 | $-3.35 | $-2.43 | — |
| Weighted Average Number of Shares Outstanding, Basic | 64.23M | 55.33M | 42.71M | 26.57M | 13.44M | — |
| Earnings Per Share, Diluted | $-4.66 | $-2.75 | $-2.25 | $-3.35 | $-2.43 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 64.23M | 55.33M | 42.71M | 26.57M | 13.44M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 354.73M | 92.65M | 45.68M | 43.46M | 79.67M | 53.65M |
| Assets, Current | 728.88M | 651.22M | 172.02M | 125.70M | 82.54M | 54.26M |
| Assets | 734.73M | 655.68M | 175.55M | 131.44M | 83.75M | 54.55M |
| Long-term Debt | 74.84M | 50.69M | 49.88M | 24.81M | 4.92M | 0 |
| Liabilities, Current | 53.45M | 25.37M | 22.30M | 25.60M | 7.69M | 2.41M |
| Liabilities | 130.21M | 78.53M | 73.86M | 54.53M | 14.16M | 4.33M |
| Stockholders' Equity Attributable to Parent | 604.52M | 577.15M | 101.69M | 76.91M | 69.59M | -89.35M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -241.10M | -134.68M | -92.18M | -67.60M | -23.71M | -34.81M |
| Payments to Acquire Property, Plant, and Equipment | 630.00K | 972.00K | 63.00K | 62.00K | 0 | 99.00K |
| Net Cash Provided by (Used in) Investing Activities | 194.29M | -425.03M | -39.43M | -70.55M | -4.20M | -42.00K |
| Payments for Repurchase of Common Stock | 0 | 13.00K | 0 | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 308.90M | 606.67M | 133.54M | 101.93M | 53.88M | 85.29M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -106.52M | -70.10M | -171.64M | -109.60M | -54.59M | -39.83M |
| EBITDA | -124.99M | -94.07M | — | — | -57.11M | -48.86M |
| Working Capital | 570.65M | 675.43M | 469.43M | 537.80M | 584.18M | 625.85M |
| Net Debt | -39.32M | -277.26M | 19.80M | 28.97M | -625.00K | -38.01M |
| Return on Equity (ROE) | -24.22% | -15.07% | -20.13% | -16.34% | -9.66% | -7.52% |
| Return on Assets (ROA) | -19.47% | -12.40% | -15.52% | -13.23% | -8.47% | -6.62% |
| Current Ratio | 13.64× | 13.64× | 12.21× | 17.03× | 27.68× | 25.67× |
| Debt-to-Equity | 0.15× | 0.13× | 0.19× | 0.17× | 0.10× | 0.09× |
| Cash Conversion Ratio | 0.88× | 0.77× | 2.13× | 1.43× | 1.05× | 0.90× |
| Accruals Ratio | -0.02× | -0.03× | 0.18× | 0.06× | 0.00× | -0.01× |
| CapEx Coverage | -4630.43× | -686.22× | -324.07× | -276.47× | -290.94× | -60.75× |
| Free Cash Flow Per Share | $-1.49 | $-1.09 | $-2.69 | $-1.72 | $-0.86 | $-0.72 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 5.78× | 5.38× | 4.66× | 3.21× | 2.86× | 4.05× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 86.01M | 59.31M | 56.47M | 58.20M | 41.28M | 33.35M |
| Operating Expenses | 125.13M | 94.21M | 83.93M | 80.14M | 57.19M | 48.91M |
| Operating Income (Loss) | -125.13M | -94.21M | -83.93M | -80.14M | -57.19M | -48.91M |
| Net Income (Loss) Attributable to Parent | -121.03M | -91.10M | -80.29M | -76.53M | -51.69M | -43.42M |
| Earnings Per Share, Basic | $-1.69 | $-1.39 | $-1.26 | $-1.20 | $-0.81 | $-0.72 |
| Weighted Average Number of Shares Outstanding, Basic | 71.48M | 64.23M | 63.85M | 63.79M | 63.67M | 55.33M |
| Earnings Per Share, Diluted | $-1.69 | $-1.39 | $-1.26 | $-1.20 | $-0.81 | $-0.72 |
| Weighted Average Number of Shares Outstanding, Diluted | 71.48M | 64.23M | 63.85M | 63.79M | 63.67M | 55.33M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 114.35M | 354.73M | 57.77M | 49.12M | 55.09M | 92.65M |
| Assets, Current | 615.80M | 728.88M | 511.31M | 571.35M | 606.08M | 651.22M |
| Assets | 621.74M | 734.73M | 517.50M | 578.53M | 610.17M | 655.68M |
| Long-term Debt | 75.03M | 74.84M | 74.65M | 74.46M | 50.91M | 50.69M |
| Liabilities, Current | 45.15M | 53.45M | 41.88M | 33.55M | 21.89M | 25.37M |
| Liabilities | 122.04M | 130.21M | 118.62M | 110.25M | 75.17M | 78.53M |
| Stockholders' Equity Attributable to Parent | 499.70M | 604.52M | 398.88M | 468.28M | 535.00M | 577.15M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -106.50M | -69.99M | -171.11M | -109.20M | -54.41M | -39.18M |
| Payments to Acquire Property, Plant, and Equipment | 23.00K | 102.00K | 528.00K | 395.00K | 187.00K | 645.00K |
| Net Cash Provided by (Used in) Investing Activities | -137.82M | 80.66M | 113.62M | 43.86M | 15.32M | -221.38M |
| Payments for Repurchase of Common Stock | — | 0 | 0 | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | 3.94M | 286.28M | 22.61M | 21.82M | 1.53M | 325.95M |
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 (VERA CIK 0001831828),
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.