Verastem (VSTM) EBITDA (2011 - 2026)
Verastem (VSTM) recorded quarterly EBITDA of -$33.2 million in Q1 2026, down 32.06% quarter-over-quarter from -$25.1 million in Q4 2025, and up 26.97% on a YoY basis from -$26.1 million in Q1 2025.
Verastem (VSTM) EBITDA (2011 - 2026) Analysis & Trends
Verastem's EBITDA history runs 16 years deep, the most recent figure standing at -$33.2 million for Q1 2026.
- In Q1 2026, EBITDA rose 26.97% year-over-year to -$33.2 million; the TTM figure through Mar 2026 stood at -$178.7 million (down 25.64% YoY), while the FY2025 annual figure was -$204.2 million, down 56.33% from the prior year.
- EBITDA was -$33.2 million for Q1 2026 at Verastem, down from -$25.1 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$8.3 million in Q2 2024 to a low of -$95.8 million in Q3 2025.
- Historically, EBITDA has averaged -$30.4 million across 5 years, with a median of -$24.3 million in 2023.
- The sharpest annual moves came in 2024 and 2025: EBITDA soared 66.02% in 2024, then sank 299.6% in 2025.
- A 5-year view of EBITDA shows it stood at -$16.8 million in 2022, then slumped by 63.42% to -$27.4 million in 2023, then slumped by 135.55% to -$64.6 million in 2024, then surged by 61.05% to -$25.1 million in 2025, then slumped by 32.06% to -$33.2 million in 2026.
- The last three EBITDA figures came in at -$33.2 million (Q1 2026), -$25.1 million (Q4 2025), and -$95.8 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 | Verastem | 407.42 Mn | 225.74 Mn | 15.90 Mn | -33.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -33.20 Mn |
| Dec 31, 2025 | -25.14 Mn |
| Sep 30, 2025 | -95.77 Mn |
| Jun 30, 2025 | -24.59 Mn |
| Mar 31, 2025 | -45.46 Mn |
| Dec 31, 2024 | -64.55 Mn |
| Sep 30, 2024 | -23.97 Mn |
| Jun 30, 2024 | -8.25 Mn |
| Mar 31, 2024 | -33.88 Mn |
| Dec 31, 2023 | -27.40 Mn |
| Sep 30, 2023 | -19.96 Mn |
| Jun 30, 2023 | -24.29 Mn |
| Mar 31, 2023 | -15.71 Mn |
| Dec 31, 2022 | -16.77 Mn |
| Sep 30, 2022 | -18.00 Mn |
| Jun 30, 2022 | -21.97 Mn |
| Mar 31, 2022 | -17.11 Mn |
| Dec 31, 2021 | -16.47 Mn |
| Sep 30, 2021 | -22.80 Mn |
| Jun 30, 2021 | -16.90 Mn |