Vera Therapeutics (VERA) EBITDA (2020 - 2026)
Vera Therapeutics (VERA) reported EBITDA of -$122.0 million for Q1 2026, down 137.15% on a YoY basis from $328.3 million in Q1 2025, and down 33.76% quarter-over-quarter from -$91.2 million in Q4 2025.
Vera Therapeutics (VERA) EBITDA (2020 - 2026) Analysis & Trends
Vera Therapeutics has reported EBITDA for 7 years, with the latest figure at -$122.0 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 137.15% year-over-year to -$122.0 million; the trailing twelve-month figure through Mar 2026 stood at -$369.8 million (down 111.74% YoY), and the FY2025 full-year result was -$299.2 million, down 96.85% from the prior year.
- EBITDA for Q1 2026 stood at -$122.0 million, down from -$91.2 million in the prior quarter.
- The five-year high for EBITDA was -$15.0 million in Q2 2022, with the low at -$122.0 million in Q1 2026.
- Historically, EBITDA has averaged -$44.6 million across 5 years, with a median of -$32.4 million in 2022.
- Annual changes were most pronounced in 2022 — EBITDA tumbled 260.92% — and 2023, when it grew 21.09%.
- Vera Therapeutics' EBITDA stood at -$32.4 million in 2022, then gained by 21.09% to -$25.6 million in 2023, then tumbled by 72.49% to -$44.1 million in 2024, then tumbled by 106.9% to -$91.2 million in 2025, then sank by 33.76% to -$122.0 million in 2026.
- The last three EBITDA figures came in at -$122.0 million (Q1 2026), -$91.2 million (Q4 2025), and -$79.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.44 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Vera Therapeutics | 2.51 Bn | 1.91 Bn | - | -121.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -121.97 Mn |
| Dec 31, 2025 | -91.19 Mn |
| Sep 30, 2025 | -79.94 Mn |
| Jun 30, 2025 | -76.66 Mn |
| Mar 31, 2025 | -51.43 Mn |
| Dec 31, 2024 | -44.08 Mn |
| Sep 30, 2024 | -45.14 Mn |
| Jun 30, 2024 | -33.99 Mn |
| Mar 31, 2024 | -28.81 Mn |
| Dec 31, 2023 | -25.55 Mn |
| Sep 30, 2023 | -20.04 Mn |
| Jun 30, 2023 | -20.30 Mn |
| Mar 31, 2023 | -29.85 Mn |
| Dec 31, 2022 | -32.38 Mn |
| Sep 30, 2022 | -24.81 Mn |
| Jun 30, 2022 | -14.99 Mn |
| Mar 31, 2022 | -17.02 Mn |
| Dec 31, 2021 | -16.59 Mn |
| Sep 30, 2021 | -7.25 Mn |
| Jun 30, 2021 | -5.85 Mn |