Verastem financials
$7.92+1.93%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.1M | $18.7M | $17.5M | $11.2M | $2.1M | $0.00 | $0.00 | $0.00 | $10.0M | $0.00 | $0.00 | $0.00 |
| Gross profit | $36.0M | $15.6M | $14.9M | $9.6M | $1.7M | $0.00 | $0.00 | $0.00 | $10.0M | $0.00 | $0.00 | $0.00 |
| Gross margin | 89.9% | 83.7% | 85.1% | 85.1% | 79.1% | — | — | — | 100.0% | — | — | — |
| Operating income | -$32.7M | -$44.9M | -$41.5M | -$40.7M | -$43.8M | -$44.2M | -$31.6M | -$37.0M | -$18.3M | -$28.1M | -$31.1M | -$21.3M |
| Net income | -$34.7M | -$36.6M | -$32.9M | -$98.5M | -$25.9M | -$52.1M | -$64.6M | -$24.0M | -$8.3M | -$33.9M | -$27.4M | -$20.0M |
| Net margin | −86.5% | −196.0% | −187.7% | −876.3% | −1213.6% | — | — | — | −82.6% | — | — | — |
| Diluted EPS | $-0.35 | $-0.46 | $-0.43 | $-1.35 | $-0.62 | $-0.96 | $-1.32 | $-0.60 | $-0.31 | $-1.26 | $-1.01 | $-0.75 |
| EBITDA | -$32.4M | -$44.6M | -$40.8M | -$40.8M | -$43.6M | -$44.2M | -$31.6M | -$37.0M | -$18.3M | -$28.1M | -$31.1M | -$21.3M |
| Operating cash flow | -$43.9M | -$52.1M | -$30.0M | -$36.2M | -$32.7M | -$38.7M | -$25.1M | -$23.8M | -$27.6M | -$28.3M | -$29.7M | -$16.6M |
| Free cash flow | -$43.9M | -$52.1M | -$30.0M | -$36.2M | -$32.7M | -$38.7M | -$25.1M | -$23.8M | -$27.6M | -$28.3M | -$29.7M | -$16.6M |
| Diluted shares | 100.1M | 99.1M | 75.9M | 73.2M | 74.0M | 54.2M | 48.9M | 40.3M | 26.9M | 26.8M | 27.0M | 26.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $136.4M | $165.6M | $205.0M | $137.7M | $164.3M | $117.6M |
| Short-term investments | $0.00 | $16.1M | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $81.7M | $82.7M | $86.6M | $78.3M | $74.7M | $72.2M |
| Total assets | $206.5M | $227.8M | $246.4M | $176.9M | $196.3M | $131.7M |
| Total liabilities | $156.5M | $146.0M | $189.2M | $192.4M | $160.2M | $164.1M |
| Shareholders' equity | $50.0M | $81.8M | $57.2M | -$15.5M | $36.1M | -$32.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology