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Oruka Therapeutics, Inc. ORKA Acquired in-process research and development

Acquired in-process research and development at other companies

Eli Lilly logo
Eli LillyLLY
$584M-62.8%
Erasca, Inc. logo
Erasca, Inc.ERAS
$150M
Spyre Therapeutics, Inc. logo
Spyre Therapeutics, Inc.SYRE
$30M

Other financials

Income statement

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Revenue-
Operating income-$36.4M-45.2%
Net income-$31.8M-51.5%
EPS (diluted)-$0.46+93.4%

Balance sheet

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Cash & equivalents$49.5M-40.7%
Total debt$1.8M+90.8%
Total equity$486.7M+33.4%
Total assets$504.5M+33.8%

Cash flow

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Operating cash flow-$23.6M-13.0%
CapEx$73.0K+462%
Free cash flow-$23.7M-13.3%

Valuation

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Market cap$5.03B+533%

Returns & leverage

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Return on equity-27.3%-11.1pp
Debt / equity0.0×
Current ratio23.8×-6.3×

Where this comes from

Reported directly by Oruka Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Oruka Therapeutics, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oruka Therapeutics, Inc.'s acquired in-process research and development?
Oruka Therapeutics, Inc. (ORKA) reported acquired in-process research and development of $29.15M in Q1 2026.
How has Oruka Therapeutics, Inc.'s acquired in-process research and development changed year-over-year?
Oruka Therapeutics, Inc.'s acquired in-process research and development increased by 46.3% year-over-year, from $19.93M to $29.15M.
What does acquired in-process research and development mean?
Represents cash outflows for the acquisition of in-process research and development projects from third parties. This metric reflects a company's strategy to supplement internal innovation pipelines through external asset purchases rather than organic development.