Growth Metrics

Vera Therapeutics (VERA) EBITDA (2020 - 2026)

Vera Therapeutics posted quarterly EBITDA of -$122.0 million for Q1 2026, down 137.15% year-on-year from $328.3 million in Q1 2025, and down 33.76% on a QoQ basis from -$91.2 million in Q4 2025.

Vera Therapeutics (VERA) has 7 years of EBITDA data on file, last reported 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.
  • Across five years, EBITDA topped out at -$15.0 million in Q2 2022 and bottomed at -$122.0 million in Q1 2026.
  • The 5-year median for EBITDA is -$32.4 million (2022), against an average of -$44.6 million.
  • The widest annual swing landed in 2022, when EBITDA sank 260.92%; it then grew 21.09% in 2023.
  • A 5-year view of EBITDA shows it stood at -$32.4 million in 2022, then advanced by 21.09% to -$25.6 million in 2023, then slumped by 72.49% to -$44.1 million in 2024, then slumped by 106.9% to -$91.2 million in 2025, then plunged 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 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -13.63 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -14.44 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.14 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 661.60 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 201.19 Mn
10 Vera Therapeutics 2.43 Bn 1.83 Bn - -121.97 Mn

Historic Data

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DateValue
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
Mar 31, 2021 -4.72 Mn
Dec 31, 2020 -42.56 Mn
Sep 30, 2020 -4.04 Mn
Jun 30, 2020 -3.17 Mn
Mar 31, 2020 -2.47 Mn