Vera Therapeutics (VERA) Operating Income (2020 - 2026)
Vera Therapeutics (VERA) reported Operating Income of -$125.1 million for Q1 2026, down 118.79% on a YoY basis from $666.1 million in Q1 2025, and down 32.83% quarter-over-quarter from -$94.2 million in Q4 2025.
Vera Therapeutics (VERA) Operating Income (2020 - 2026) Analysis & Trends
Vera Therapeutics has reported Operating Income for 7 years, with the latest figure 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.
- The five-year high for Operating Income was $86.3 million in Q4 2024, with the low at -$125.1 million in Q1 2026.
- Historically, Operating Income has averaged -$30.1 million across 5 years, with a median of -$31.1 million in 2024.
- The largest YoY upside for Operating Income was 332.86% in 2022 against a maximum downside of 260.92% in 2022.
- Vera Therapeutics' Operating Income stood at $38.6 million in 2022, then soared by 41.96% to $54.8 million in 2023, then soared by 57.42% to $86.3 million in 2024, then sank by 209.15% to -$94.2 million in 2025, then tumbled 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 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -2.97 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 | - | -15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 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 | - | -125.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |