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Vera Therapeutics

VERA

Vera Therapeutics is a late clinical-stage biotechnology company dedicated to developing and commercializing transformative treatments for serious immunological diseases.

Market cap
$2.53B+87.8%
Net income-$369.0M-110%
Free cash flow-$293.7M-87.8%
EPS (diluted)-$5.54-84.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$1.3M
EPS estimate-$1.60

Financials

Q1 2026

Income statement

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Operating income-$125.1M-119%
Net income-$121.0M-134%
EPS (diluted)-$1.69-109%

Balance sheet

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Cash & equivalents$114.4M+108%
Total debt$75.0M+37.8%
Total equity$499.7M-6.6%
Total assets$621.7M+1.9%

Cash flow

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Operating cash flow-$106.5M-95.8%
CapEx$23.0K-87.7%
Free cash flow-$106.5M-95.1%

Valuation & ratios

Valuation

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Market cap$2.53B+87.8%
Enterprise value$2.49B+82.9%

Returns & leverage

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Return on equity-71.3%+296pp
Debt / equity0.2×0.0×
Current ratio13.6×-14.0×

Competitors

Profile

Vera Therapeutics is a late clinical-stage biotechnology company dedicated to developing and commercializing transformative treatments for serious immunological diseases. The company's core value proposition centers on its lead product candidate, atacicept, a potential first-in-class dual inhibitor of BAFF and APRIL cytokines designed to modify the underlying disease drivers of autoimmune kidney conditions. By targeting the source of autoantibody production, the company aims to replace non-specific immunosuppressive standards of care with targeted, disease-modifying biologics.

Competitive position

Vera is a late-stage clinical developer positioning its lead candidate as a best-in-class, disease-modifying B-cell modulator for IgA nephropathy.

GeographiesUnited States, European Union, Japan
Customer segmentsPatients with rare autoimmune diseases, Kidney transplant recipients
Business modelR&D-stage biotechnology, IP Licensing
SuppliersContract Manufacturing Organizations (CMOs), Academic research institutions, Biopharmaceutical licensors
CustomersSpecialty distributors, Healthcare providers, Government and private payors
Listed2021
Employees55.0
CEOMarshall Fordyce
Websiteveratx.com
FilingsSEC EDGAR

Questions, answered.

What is Vera Therapeutics's market cap?
Vera Therapeutics (VERA) has a market capitalization of $2.5B and trades on NASDAQ.
Who are Vera Therapeutics's competitors?
Vera Therapeutics's key competitors include Travere Therapeutics, Inc., Aurinia Pharmaceuticals Inc., Vertex Pharmaceuticals, and others. These companies compete in similar markets and product categories.
Who does Vera Therapeutics partner with?
Vera Therapeutics's notable partners include Ares Trading S.A., Merck KGaA, Novartis International Pharmaceutical AG, and others.
Where is Vera Therapeutics headquartered?
Vera Therapeutics is headquartered in United States of America and employs approximately 55 people. It has been publicly traded since 2021.