Skip to content
Erasca, Inc. logo

Erasca, Inc.

ERAS

Erasca is a clinical-stage precision oncology company dedicated to discovering and developing therapies for patients with RAS/MAPK pathway-driven cancers.

Market cap
$6.55B+1,392%
Net income-$277.0M-75.8%
Free cash flow-$91.4M+15.3%
EPS (diluted)-$0.93-55.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 11, 2026 (In 1 week)
EPS estimate-$0.12

Financials

Q1 2026

Income statement

See full
Operating income-$187.9M-427%
Net income-$183.4M-492%
EPS (diluted)-$0.60-445%

Balance sheet

See full
Cash & equivalents$47.3M-33.0%
Total debt$46.0M-9.6%
Total equity$393.5M-1.5%
Total assets$461.2M-2.1%

Cash flow

See full
Operating cash flow-$27.4M+13.2%
CapEx$36.0K-56.6%
Free cash flow-$27.4M+13.3%

Valuation & ratios

Valuation

See full
Market cap$6.55B+1,392%
Enterprise value$6.55B+1,309%

Returns & leverage

See full
Return on equity-69.9%+77.1pp
Debt / equity0.1×0.0×
Current ratio9.5×-2.8×

Competitors

Profile

Erasca is a clinical-stage precision oncology company dedicated to discovering and developing therapies for patients with RAS/MAPK pathway-driven cancers. The company employs a modality-agnostic approach to target upstream, midstream, and downstream nodes of the signaling pathway to overcome treatment resistance and improve patient survival. Its core value proposition lies in a holistic, data-driven strategy to shut down one of the most frequently mutated oncogenic pathways in human cancer.

Competitive position

Erasca is a specialized clinical-stage player focusing on comprehensive RAS/MAPK pathway inhibition through a modality-agnostic pipeline.

GeographiesUnited States, China, Global
Customer segmentsCancer patients, Medical research institutions, Biotechnology partners
Business modelR&D, Licensing, Biopharmaceutical development
SuppliersContract Manufacturing Organizations (CMOs), Academic research institutions, Intellectual property licensors, Clinical Research Organizations (CROs)
CustomersHospitals, Specialty pharmacies, Oncology clinics, Biopharmaceutical commercialization partners
Listed2021
Employees129.0
CEOJonathan E. Lim
Websiteerasca.com
FilingsSEC EDGAR

Questions, answered.

What is Erasca, Inc.'s market cap?
Erasca, Inc. (ERAS) has a market capitalization of $6.6B and trades on NASDAQ.
Who are Erasca, Inc.'s competitors?
Erasca, Inc.'s key competitors include Revolution Medicines, Amgen, Pfizer, and others. These companies compete in similar markets and product categories.
Who does Erasca, Inc. partner with?
Erasca, Inc.'s notable partners include Guangzhou Joyo Pharmatech Co., Ltd., Medshine Discovery Inc., Tango Therapeutics, Inc., and others.
What subsidiaries does Erasca, Inc. have?
Erasca, Inc.'s subsidiaries include Erasca Ventures, ASN Product Development, Inc..
Where is Erasca, Inc. headquartered?
Erasca, Inc. is headquartered in United States of America and employs approximately 129 people. It has been publicly traded since 2021.