Verastem financials
$8.05+1.64%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.9M | $10.0M | $0.00 | $2.6M | $2.1M | $88.5M | $17.5M | $26.7M | — | — |
| Gross profit | $26.3M | $10.0M | $0.00 | $2.6M | $2.1M | $54.8M | $14.6M | $26.1M | — | — |
| Gross margin | 85.1% | 100.0% | — | 100.0% | 100.0% | 61.9% | 83.9% | 97.8% | — | — |
| Operating income | -$170.1M | -$115.0M | -$92.1M | -$72.9M | -$61.4M | -$49.4M | -$132.3M | -$94.8M | -$67.8M | -$37.0M |
| Net income | -$209.5M | -$130.6M | -$87.4M | -$73.8M | -$71.2M | -$67.7M | -$149.2M | -$72.4M | -$67.8M | -$36.4M |
| Net margin | −677.6% | −1306.4% | — | −2843.3% | −3468.1% | −76.5% | −854.8% | −271.1% | — | — |
| Diluted EPS | $-3.02 | $-3.66 | $-3.96 | $-4.57 | $-4.90 | $-5.28 | $-24.00 | $-16.44 | $-21.12 | $-11.88 |
| EBITDA | -$169.4M | -$114.9M | -$92.0M | -$72.8M | -$61.2M | -$48.1M | -$130.2M | -$93.4M | -$67.2M | -$36.3M |
| Operating cash flow | -$137.5M | -$104.8M | -$86.5M | -$63.7M | -$53.5M | -$33.5M | -$138.5M | -$74.5M | -$57.3M | -$29.5M |
| Free cash flow | -$137.5M | -$104.8M | -$86.5M | -$63.7M | -$53.7M | -$33.5M | -$138.5M | -$76.0M | — | -$29.5M |
| Diluted shares | 69.3M | 35.7M | 22.1M | 16.1M | 14.5M | 12.8M | 6.2M | 5.8M | 3.2M | 3.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $205.0M | $88.8M | $77.9M | $74.9M | $21.3M | $67.8M |
| Short-term investments | $0.00 | $0.00 | $59.2M | $13.0M | $79.0M | $73.4M |
| Total debt | $86.6M | $40.7M | $40.1M | $24.8M | $249.0K | $19.1M |
| Total assets | $246.4M | $101.5M | $149.7M | $95.0M | $108.7M | $154.3M |
| Total liabilities | $189.2M | $130.4M | $71.2M | $47.7M | $21.1M | $39.1M |
| Shareholders' equity | $57.2M | -$28.9M | $78.5M | $47.4M | $87.6M | $115.3M |
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