NASDAQ$ERAS

Erasca Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Erasca Inc reported a net loss of $33.9 million for the second quarter of 2025.

For the three months ended June 30, 2025, Erasca recorded total operating expenses of $38.1 million, driven by R&D and G&A costs, resulting in a net loss of $33.9 million or $0.12 per share. Interest income of $4.3 million partially offset the operating loss. The company continued advancing its RAS/MAPK pathway oncology pipeline during the quarter.

  • Net loss totaled $33.9 million or $0.12 per share
  • R&D expenses were $21.2 million
  • G&A expenses reached $9.5 million
  • Interest income provided $4.3 million in other income

Headline financials

Total Revenue

$715K

Previous: $132K+441.7%
EPS (adj)

-$0.12

Previous: -$0.29+58.6%
Research and development expenses

$21.2M

No prior period
General and administrative expenses

$9.46M

No prior period
Interest income

$4.33M

No prior period
Other expense, net

-$81K

No prior period
Capital Expenditures

-$113K

Previous: -$55K-105.5%
Net Income

-$33.9M

Previous: -$63.2M+46.4%
Operating Income

-$38.1M

Previous: -$67.8M+43.8%

Revenue & EPS history

Erasca · Revenue · Quarterly

$715K

Q2 2025+441.7%vs Q2 2024

Forward guidance

The company outlined anticipated milestones for its clinical programs in subsequent periods.

Tailwinds

  • Pipeline advancement in RAS-targeting programs
  • Multiple data readouts planned

Headwinds

  • Continued net losses expected
  • Need for additional capital

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports

Historical avg

+1.1%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.3%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+11.0%

Q3 2022

Best reaction

-10.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+3.3%+1.0%+32.1%
Q4 2025-4.3%-7.8%+16.1%
Q3 2025-4.2%+7.9%+35.8%
Q1 2025-4.0%-5.8%+9.3%
Q4 2024+6.0%-8.2%+25.0%
Q3 2024-8.4%-14.1%-15.4%
Q2 2024+8.3%+16.7%+27.9%
Q1 2024-10.1%-12.8%+8.9%
Q4 2023+4.0%+9.1%-4.5%
Q3 2023-8.6%-1.8%-15.0%
Q2 2023+10.6%-3.2%-0.8%
Q1 2023-1.0%-3.8%-5.6%
Q4 2022-2.7%-5.8%-3.8%
Q3 2022+11.0%+20.7%-19.1%
Q2 2022+2.5%+4.4%-10.8%
Q1 2022+2.8%+9.4%-4.6%
Q4 2021+9.1%+8.1%-9.7%
Q3 2021+2.2%-3.1%-28.9%
Q2 2021+4.8%+8.9%-12.3%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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