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Erasca, Inc. ERAS Q1 2026 earnings

Reported May 11, 2026 · Before market open

EPS-$0.60Miss by $0.49
EPS estimate-$0.12

Next report

Nov 11, 2026 (in 2 months)
EPS estimate-$0.14

Financials

Q1 2026

Income statement

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

Balance sheet

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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

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

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$5.03B+1,196%
Enterprise value$5.03B+1,265%

Returns & leverage

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

FAQ

When did Erasca, Inc. report Q1 2026 earnings?
Erasca, Inc. (ERAS) reported Q1 2026 earnings on May 11, 2026 before market open.
What were Erasca, Inc.'s Q1 2026 revenue and EPS?
Erasca, Inc. reported eps of $-0.60 for Q1 2026.
Did Erasca, Inc. beat estimates in Q1 2026?
EPS missed the consensus estimate of $-0.12 by $0.48.
How did Erasca, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, eps declined 445.5% from $-0.11.
Where can I find Erasca, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-216739) and the 10-Q periodic report (0001193125-26-216788) directly on SEC EDGAR. The filing index links above go to sec.gov.