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
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