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
DateValue
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