Vera Therapeutics (VERA) Operating Expenses (2020 - 2026)

Vera Therapeutics has reported Operating Expenses for 7 years, with the latest figure at $125.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 118.79% year-over-year to $125.1 million; the trailing twelve-month figure through Mar 2026 stood at $383.4 million (up 98.4% YoY), and the FY2025 full-year result was $315.5 million, up 88.71% from the prior year.
• Operating Expenses for Q1 2026 stood at $125.1 million, up from $94.2 million in the prior quarter.
• The five-year high for Operating Expenses was $125.1 million in Q1 2026, with the low at $15.1 million in Q2 2022.
• Historically, Operating Expenses has averaged $47.1 million across 5 years, with a median of $33.6 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 260.92% — and 2023, when it declined 19.51%.
• Vera Therapeutics' Operating Expenses stood at $33.6 million in 2022, then fell by 19.51% to $27.0 million in 2023, then soared by 80.98% to $48.9 million in 2024, then soared by 92.6% to $94.2 million in 2025, then jumped by 32.83% to $125.1 million in 2026.
• The last three Operating Expenses figures came in at $125.1 million (Q1 2026), $94.2 million (Q4 2025), and $83.9 million (Q3 2025), per Business Quant data.