Vera Therapeutics (VERA)

NasdaqMarket Closed

Vera Therapeutics, Inc. is a clinical-stage biotechnology company developing treatments for serious immune-mediated diseases. The company focuses on conditions in which abnormal B-cell and plasma-cell activity contributes to inflammation, tissue damage, and disease progression. Its work sits within the broader immunology and renal disease markets, where there is substantial demand for therapies that can alter the course of chronic autoimmune disorders rather than only manage symptoms.

Vera’s lead product candidate is atacicept, a fusion protein designed to inhibit two key immune-system factors: B lymphocyte stimulator, commonly known as BAFF, and a proliferation-inducing ligand, known as APRIL. These pathways help regulate the survival and activity of B cells and plasma cells, which can produce autoantibodies involved in several autoimmune diseases. Atacicept is being developed as a once-weekly subcutaneous injection that patients can self-administer, a feature that may be important for long-term treatment of chronic conditions.

The company’s most prominent area of development is IgA nephropathy, a kidney disease driven by immune dysfunction that can lead to progressive loss of renal function. Vera also evaluates the broader potential of atacicept in other immunological conditions where BAFF and APRIL biology may be relevant. As a clinical-stage company, Vera’s value is closely tied to trial results, regulatory progress, manufacturing readiness, and the commercial potential of its pipeline.

For investors, Vera Therapeutics offers exposure to biotech innovation in immunology and nephrology. Its strategy is centered on advancing a targeted therapy with a differentiated dual-pathway mechanism in diseases where improved treatment options remain an important unmet medical need.

30.29USD
30.89 USD
−1.29(-4.08%)
Pre-market

Last updated

Market Cap
$2,149,897,975
P/E
P/FCF
P/S
Enterprise Value
$2,110,575,975
Sector
Materials
Industry
Pharmaceutical Preparations
Address
2000 SIERRA POINT PARKWAY, SUITE 1200, BRISBANE, CA, 94005
Market Cap
$2,149,897,975
Enterprise Value
$2,110,575,975
P/E
P/B
4.3
P/S
EV / EBITDA
-5.51
EV / Sales
EPS
-5.15
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$293,814,000
ROE
-74.02%
ROA
-59.49%
Debt / Equity
0.15
Current Ratio
13.64
Quick Ratio
13.64
Cash
2.53
Avg Volume
$2,493,455
Fundamentals Snapshot Price
29.95

Income Statement

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Cost of revenue00000
Operating income-125.13M-94.21M-83.93M-80.14M-57.19M
EBITDA-124.99M-94.07M-83.8M-80.02M-57.11M
Net income-121.97M-91.1M-80.29M-76.53M-51.43M
Income taxes1K
Interest expense-1.82M-1.9M-1.96M-1.87M-1.79M
Other operating expenses00000
Total operating expenses125.13M94.21M83.93M80.14M57.19M
Basic EPS-1.69-1.39-1.26-1.2-0.81
Diluted EPS-1.69-1.39-1.26-1.2-0.81

Balance Sheet

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Total assets621.74M734.73M517.5M578.53M610.17M
Total liabilities122.04M130.21M118.62M110.25M75.17M
Total equity499.7M604.52M398.88M468.28M535M
Cash & equivalents114.35M354.73M57.77M49.12M55.09M
Current assets615.8M728.88M511.31M571.35M606.08M
Current liabilities45.15M53.46M41.88M33.55M21.89M
Accounts payable13.91M21.9M17.95M13.16M9.26M
Receivables00000
Long-term debt75.03M74.84M74.65M74.46M50.91M

Cash Flow

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Operating cash flow-106.5M-69.99M-61.91M-54.8M-54.41M
Investing cash flow-137.82M80.66M69.76M28.54M15.32M
Financing cash flow3.94M286.28M797K20.29M1.53M
Change in cash-240.37M296.95M8.65M-5.97M-37.56M
Net income-121.03M-91.1M-80.29M-76.53M-51.69M
KindFilingDateLink
edgar index8-K — Vera Therapeutics, Inc.View Filing
edgar index10-Q — Vera Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G — Vera Therapeutics, Inc.View Filing
edgar index3 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
form 4Form 4 — Boman Nancy LeeView Filing
form 4Form 4 — Boman Nancy LeeView Filing
edgar indexSCHEDULE 13G/A — Vera Therapeutics, Inc.View Filing
edgar index8-K — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Vera Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index144 — Vera Therapeutics, Inc.View Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
edgar index8-K — Vera Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index8-K — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — SEIDENBERG BETH CView Filing
form 4Form 4 — MORRISSEY MICHAELView Filing
form 4Form 4 — ENRIGHT PATRICK GView Filing
form 4Form 4 — Meyers James RView Filing
form 4Form 4 — Morrison Scott WView Filing
form 4Form 4 — Cheng AndrewView Filing
form 4Form 4 — Oliger Christy J.View Filing
form 4Form 4 — Hall KimballView Filing
edgar indexSCHEDULE 13G/A — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index144 — Vera Therapeutics, Inc.View Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
edgar index8-K — Vera Therapeutics, Inc.View Filing
edgar index10-Q — Vera Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
edgar index144 — Vera Therapeutics, Inc.View Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
form 4Form 4 — Fordyce MarshallView Filing
edgar indexDEF 14A — Vera Therapeutics, Inc.View Filing
edgar indexDEFA14A — Vera Therapeutics, Inc.View Filing
edgar indexARS — Vera Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G — Vera Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Vera Therapeutics, Inc.View Filing
edgar index3 — Vera Therapeutics, Inc.View Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
form 4Form 4 — Wright-Mitchell JaneView Filing
form 4Form 4 — Wright-Mitchell JaneView Filing
edgar index4 — Vera Therapeutics, Inc.View Filing
form 4Form 4 — Young Joseph RView Filing
form 4Form 4 — Young Joseph RView Filing