Vera Therapeutics (VERA)

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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.

34.26 USD
35.00 USD
+0.61 (+1.81%)

Last updated

Market Cap
2.42B
P/E
P/FCF
P/S
Enterprise Value
2.38B
Sector
Materials
Industry
Pharmaceutical Preparations
Address
2000 SIERRA POINT PARKWAY, SUITE 1200, BRISBANE, CA, 94005
Market Cap
2.42B
Enterprise Value
2.38B
P/E
P/B
4.83
P/S
EV / EBITDA
-6.21
EV / Sales
EPS
-5.15
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-293.81M
ROE
-74.02%
ROA
-59.49%
Debt / Equity
0.15
Current Ratio
13.64
Quick Ratio
13.64
Cash
2.53
Avg Volume
1.08M
Fundamentals Snapshot Price
33.65

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue
Gross profit
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
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 Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 621.74M 734.73M 517.5M 578.53M 610.17M
Total liabilities 122.04M 130.21M 118.62M 110.25M 75.17M
Total equity 499.7M 604.52M 398.88M 468.28M 535M
Cash & equivalents 114.35M 354.73M 57.77M 49.12M 55.09M
Current assets 615.8M 728.88M 511.31M 571.35M 606.08M
Current liabilities 45.15M 53.46M 41.88M 33.55M 21.89M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -106.5M -69.99M -61.91M -54.8M -54.41M
Investing cash flow -137.82M 80.66M 69.76M 28.54M 15.32M
Financing cash flow 3.94M 286.28M 797K 20.29M 1.53M
Change in cash -240.37M 296.95M 8.65M -5.97M -37.56M
Kind Filing Date Link
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edgar index 8-K — Vera Therapeutics, Inc. View Filing
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edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
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form 4 Form 4 — Hall Kimball View Filing
edgar index SCHEDULE 13G/A — Vera Therapeutics, Inc. View Filing
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edgar index 144 — Vera Therapeutics, Inc. View Filing
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form 4 Form 4 — Fordyce Marshall View Filing
edgar index 8-K — Vera Therapeutics, Inc. View Filing
edgar index 10-Q — Vera Therapeutics, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 144 — Vera Therapeutics, Inc. View Filing
form 4 Form 4 — Fordyce Marshall View Filing
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edgar index DEF 14A — Vera Therapeutics, Inc. View Filing
edgar index DEFA14A — Vera Therapeutics, Inc. View Filing
edgar index ARS — Vera Therapeutics, Inc. View Filing
edgar index SCHEDULE 13G — Vera Therapeutics, Inc. View Filing
edgar index SCHEDULE 13G/A — Vera Therapeutics, Inc. View Filing
edgar index 3 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
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form 4 Form 4 — Wright-Mitchell Jane View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
form 4 Form 4 — Young Joseph R View Filing
form 4 Form 4 — Young Joseph R View Filing
edgar index SCHEDULE 13G — Vera Therapeutics, Inc. View Filing
edgar index 8-K — Vera Therapeutics, Inc. View Filing
edgar index 3 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13D/A — Vera Therapeutics, Inc. View Filing
form 4 Form 4 — Hite Christopher View Filing
edgar index S-8 — Vera Therapeutics, Inc. View Filing
edgar index 8-K — Vera Therapeutics, Inc. View Filing
edgar index 10-K — Vera Therapeutics, Inc. View Filing
eight k text 8-K — 8-K View Filing
ten k section 10-K — business View Filing
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ten k section 10-K — risk_factors View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 4 — Vera Therapeutics, Inc. View Filing
edgar index 144 — Vera Therapeutics, Inc. View Filing
edgar index 144 — Vera Therapeutics, Inc. View Filing
edgar index 144 — Vera Therapeutics, Inc. View Filing
edgar index 144 — Vera Therapeutics, Inc. View Filing
edgar index 144 — Vera Therapeutics, Inc. View Filing