Growth Metrics

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

Vera Therapeutics posted quarterly Operating Income of -$125.1 million for Q1 2026, down 118.79% year-on-year from $666.1 million in Q1 2025, and down 32.83% on a QoQ basis from -$94.2 million in Q4 2025.

Vera Therapeutics (VERA) has 7 years of Operating Income data on file, last reported at -$125.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 118.79% year-over-year to -$125.1 million; the trailing twelve-month figure through Mar 2026 stood at -$383.4 million (down 560.68% YoY), and the FY2025 full-year result was -$315.5 million, down 887.37% from the prior year.
  • Operating Income for Q1 2026 stood at -$125.1 million, down from -$94.2 million in the prior quarter.
  • Across five years, Operating Income topped out at $86.3 million in Q4 2024 and bottomed at -$125.1 million in Q1 2026.
  • The 5-year median for Operating Income is -$31.1 million (2024), against an average of -$30.1 million.
  • Peak annual rise in Operating Income reached 332.86% in 2022, while the deepest fall reached 260.92% in 2022.
  • A 5-year view of Operating Income shows it stood at $38.6 million in 2022, then jumped by 41.96% to $54.8 million in 2023, then jumped by 57.42% to $86.3 million in 2024, then plunged by 209.15% to -$94.2 million in 2025, then slumped by 32.83% to -$125.1 million in 2026.
  • The last three Operating Income figures came in at -$125.1 million (Q1 2026), -$94.2 million (Q4 2025), and -$83.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -2.97 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 - -15.76 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 642.90 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 268.64 Mn
10 Vera Therapeutics 2.43 Bn 1.83 Bn - -125.13 Mn

Historic Data

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DateValue
Mar 31, 2026 -125.13 Mn
Dec 31, 2025 -94.21 Mn
Sep 30, 2025 -83.93 Mn
Jun 30, 2025 -80.14 Mn
Mar 31, 2025 -57.19 Mn
Dec 31, 2024 86.31 Mn
Sep 30, 2024 -49.80 Mn
Jun 30, 2024 -37.34 Mn
Mar 31, 2024 -31.11 Mn
Dec 31, 2023 54.83 Mn
Sep 30, 2023 -21.76 Mn
Jun 30, 2023 -21.97 Mn
Mar 31, 2023 -31.26 Mn
Dec 31, 2022 38.62 Mn
Sep 30, 2022 -25.24 Mn
Jun 30, 2022 -15.06 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