NASDAQ$VERA

Vera Therapeutics Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Vera Therapeutics reported Q1 2025 with a net loss of $51.7M and diluted EPS of $(0.81), with no product revenue.

The clinical-stage biotech had no product revenue in the quarter; R&D and G&A totaled $57.2 million. Net loss was $51.7 million, or $0.81 per share, as atacicept and pipeline programs advanced.

  • Pre-revenue quarter; R&D $41.3M.
  • Net loss $51.7M; diluted EPS $(0.81).
  • Interest income partly offset spend.
  • Phase 3 and financing runway in focus.

Headline financials

Total Revenue

$0.00

Previous: $935K-100.0%
EPS (adj)

-$0.81

Previous: -$0.56-44.6%
Net Cash Used in Operating Activities

$54.4M

Previous: $33.8M+60.9%
Weighted Average Shares Outstanding

63.7M

Previous: 51.0M+24.9%
Capital Expenditures

-$187K

No prior period
Net Income

-$51.7M

Previous: -$28.4M-82.1%
Operating Income

-$57.2M

Previous: -$31.1M-83.8%

Revenue & EPS history

Vera · Revenue · Quarterly

$0

Q1 2025-100%vs Q1 2024

Forward guidance

Clinical-stage company without product revenue guidance; pipeline milestones and financing runway drive outlook.

Tailwinds

  • Pipeline advancement and trial readouts.
  • Cash and investment income extend runway.

Headwinds

  • Trial timing and regulatory risk.
  • R&D spend ahead of commercialization.
  • Dilution and financing market access.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.2%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+7.2%

Avg return

30 days after

55%

11 / 20 earnings

Positive

+15.6%

Q1 2022

Best reaction

-13.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%+0.3%-11.8%
Q4 2025+1.5%-5.7%-6.8%
Q3 2025+4.6%+23.3%+86.3%
Q1 2025-13.5%-15.0%+20.0%
Q4 2024+1.3%-0.7%-22.1%
Q3 2024+0.3%+1.3%+1.1%
Q2 2024+0.9%+6.5%+4.3%
Q1 2024-8.1%-9.1%-14.3%
Q4 2023-1.3%-5.2%-12.5%
Q3 2023+5.4%+18.2%+18.9%
Q2 2023-0.1%-4.3%-0.1%
Q1 2023-1.7%+0.0%+0.9%
Q4 2022+4.4%+6.3%-14.2%
Q3 2022-3.2%-3.8%-2.1%
Q2 2022+7.8%+20.6%+11.4%
Q1 2022+15.6%+11.4%-8.5%
Q4 2021+10.2%+11.2%+5.2%
Q3 2021-11.6%-7.1%-3.3%
Q2 2021+0.3%+11.6%+80.6%
Q1 2021-7.6%-13.6%+11.0%
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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