6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Financial health
The company holds more cash ($355M) than total debt ($75M).
Operating income covered interest expense -41.9× in the latest year.
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.5 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
—
-$300M
—
—
-$242M
$75M
$355M
2024
—
-$152M
—
—
-$136M
$51M
$93M
2023
—
-$96M
—
—
-$92M
$50M
$46M
2022
—
-$89M
—
—
-$68M
$25M
$43M
2021
—
-$33M
—
—
-$24M
$5M
$80M
2020
—
-$53M
—
—
-$35M
$0
$54M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
—
-$121M
—
—
-$107M
$75M
$114M
Dec '25
—
-$91M
—
—
-$70M
$75M
$355M
Sep '25
—
-$80M
—
—
-$62M
$75M
$58M
Jun '25
—
-$77M
—
—
-$55M
$74M
$49M
Mar '25
—
-$52M
—
—
-$55M
$51M
$55M
Dec '24
—
-$43M
—
—
-$40M
$51M
$93M
Sep '24
—
-$47M
—
—
-$37M
$50M
$27M
Jun '24
—
-$34M
—
—
-$25M
$50M
$25M
Mar '24
—
-$28M
—
—
-$34M
$50M
$69M
Dec '23
—
-$26M
—
—
-$25M
$50M
$46M
Sep '23
—
-$20M
—
—
-$23M
$25M
$27M
Jun '23
—
-$20M
—
—
-$18M
$25M
$34M
Mar '23
—
-$30M
—
—
-$26M
$25M
$137M
Dec '22
—
-$32M
—
—
-$21M
$25M
$43M
Sep '22
—
-$25M
—
—
-$18M
$5M
$30M
Jun '22
—
-$15M
—
—
-$19M
$5M
$50M
Mar '22
—
-$17M
—
—
-$9M
$5M
$112M
Dec '21
—
-$17M
—
—
-$6M
$5M
$80M
Sep '21
—
-$8M
—
—
-$5M
—
$86M
Jun '21
—
-$3M
—
—
-$8M
—
$92M
Frequently asked questions
Is VERA growing its revenue and profit?
See the revenue and net-income charts above for Vera Therapeutics, Inc.'s multi-year trend.
How much debt does VERA have?
As of FY2025, Vera Therapeutics, Inc. reported $75M of total debt against $355M of cash; operating income covered interest expense -41.9×.
What is VERA's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.