What is Vera Therapeutics's non-cash lease expense?

Vera Therapeutics (VERA) reported non-cash lease expense of $116K in Q1 2026.

How has Vera Therapeutics's non-cash lease expense changed year-over-year?

Vera Therapeutics's non-cash lease expense decreased by 74.6% year-over-year, from $457K to $116K.

What does non-cash lease expense mean?

Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.

Vera Therapeutics VERA Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

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$150K+30.4%

Iovance Biotherapeutics, Inc.IOVA

$1.88M-34.6%

Immunovant, Inc.IMVT

$26K+18.2%

TG TherapeuticsTGTX

$573K+26.5%

Krystal Biotech, Inc.KRYS

$204K-8.9%

ImmunityBio, Inc.IBRX

——

Other financials

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

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Market cap$2.74B+87.5%

Enterprise value$2.7B+85.0%

Returns & leverage

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Return on equity-71.3%+296pp

Debt / equity0.2×0.0×

Current ratio13.6×-14.0×

Where this comes from

Reported directly by Vera Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense.

The official record: Vera Therapeutics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vera Therapeutics's non-cash lease expense?: Vera Therapeutics (VERA) reported non-cash lease expense of $116K in Q1 2026.
How has Vera Therapeutics's non-cash lease expense changed year-over-year?: Vera Therapeutics's non-cash lease expense decreased by 74.6% year-over-year, from $457K to $116K.
What does non-cash lease expense mean?: Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.