Vera Therapeutics (VERA) Invested Capital (2020 - 2026)
Vera Therapeutics' Invested Capital was $482.76 million in Q2 2026, down 11.1% from $543.28 million a year earlier and down 16.0% from the prior quarter.
Vera Therapeutics (VERA) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Invested Capital at Vera Therapeutics came in at $679.52 million, up 8.3% from FY2024.
- Invested Capital has now increased for four consecutive years.
- In earlier years, Invested Capital was $627.16 million in FY2024 (+313.5%), $151.69 million in FY2023 (+48.8%), $101.91 million in FY2022 (+36.6%) and $74.59 million in FY2021.
- Quarterly Invested Capital has moved between $74.59 million (Q4 2021) and $679.52 million (Q4 2025) over five years.
- Compared with a year earlier, Invested Capital was higher in six of the last eight quarters, with growth averaging 70.7%.
- The best year-over-year quarter for Invested Capital over five years was Q4 2024 (growth of 313.5%); the worst was Q2 2026 (a decline of 11.1%).
- Per Business Quant data, VERA's Invested Capital in the three quarters before Q2 2026 was $574.7 million (Q1 2026), $679.52 million (Q4 2025) and $473.88 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 89.77 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 126.18 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 76.32 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 98.72 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 45.14 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 68.36 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 39.27 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 151.97 Bn |
| 10 | Vera Therapeutics | 2.17 Bn | -23.42 Mn | 6.98 Mn | 408.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 408.19 Mn |
| Jun 30, 2026 | 482.76 Mn |
| Mar 31, 2026 | 574.70 Mn |
| Dec 31, 2025 | 679.52 Mn |
| Sep 30, 2025 | 473.88 Mn |
| Jun 30, 2025 | 543.28 Mn |
| Mar 31, 2025 | 585.00 Mn |
| Dec 31, 2024 | 627.16 Mn |
| Sep 30, 2024 | 339.06 Mn |
| Jun 30, 2024 | 377.87 Mn |
| Mar 31, 2024 | 403.54 Mn |
| Dec 31, 2023 | 151.69 Mn |
| Sep 30, 2023 | 148.71 Mn |
| Jun 30, 2023 | 165.52 Mn |
| Mar 31, 2023 | 182.71 Mn |
| Dec 31, 2022 | 101.91 Mn |
| Sep 30, 2022 | 110.72 Mn |
| Jun 30, 2022 | 126.50 Mn |
| Mar 31, 2022 | 139.43 Mn |
| Dec 31, 2021 | 74.59 Mn |
Vera Therapeutics Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=VERA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "VERA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=VERA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();