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Vera Therapeutics VERA Total Operating Expenses

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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$2.3B+87.1%
Enterprise value$2.26B+79.7%

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:OperatingExpenses.

The source filing: Vera Therapeutics’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:33 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-212143
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating expenses:
Research and development$86,011$41,278
General and administrative39,12115,916
Total operating expenses125,13257,194
Loss from operations(125,132)(57,194)
Other income (expense):
Interest income6,3556,906
Interest expense(1,823)(1,792)

Item 1. Financial Statements

FAQ

What is Vera Therapeutics's total operating expenses?
Vera Therapeutics (VERA) reported total operating expenses of $125.13M in Q1 2026.
How has Vera Therapeutics's total operating expenses changed year-over-year?
Vera Therapeutics's total operating expenses increased by 118.8% year-over-year, from $57.19M to $125.13M.
What is the long-term trend for Vera Therapeutics's total operating expenses?
Over 4 years (2021 to 2025), Vera Therapeutics's total operating expenses has grown at a 74.0% compound annual growth rate (CAGR), from $34.4M to $315.47M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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