Verastem, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $30.9M | $10.0M | — | $2.6M | $2.1M | $88.5M | $17.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | $114.6M | $81.3M | $61.4M | $50.6M | $39.3M | $41.4M | $45.8M |
| SG&A Expense | — | $81.1M | $43.6M | $30.7M | $25.0M | $24.1M | $62.8M | $101.2M |
| Operating Income | — | $-170.1M | $-115.0M | $-92.1M | $-72.9M | $-61.4M | $-49.4M | $-132.3M |
| Operating Margin | — | -550.3% | -1,149.6% | — | -2,809.6% | -2,991.2% | -55.8% | -758.1% |
| Interest Expense | — | $1.1M | $4.6M | $4.1M | $2.1M | $10.0M | $15.8M | $20.6M |
| Pretax Income | — | $-209.5M | $-130.5M | $-87.4M | $-73.8M | $-71.2M | $-67.5M | $-149.2M |
| Income Tax Expense | — | — | $185.0K | — | $0 | $0 | $194.0K | $0 |
| Net Income | — | $-209.5M | $-130.6M | $-87.4M | $-73.8M | $-71.2M | $-67.7M | $-149.2M |
| Net Margin | — | -677.6% | -1,306.4% | — | -2,843.3% | -3,468.1% | -76.5% | -854.8% |
| EPS (Basic) | — | $-3.02 | $-3.66 | $-3.96 | $-4.57 | $-4.90 | $-0.44 | $-1.00 |
| EPS (Diluted) | — | $-3.02 | $-3.66 | $-3.96 | $-4.57 | $-4.90 | $-0.44 | $-1.00 |
| Shares Outstanding (Basic) | 87.8M | 69.3M | 35.7M | 22.1M | 16.1M | 14.5M | 153.3M | 149.2M |
| Shares Outstanding (Diluted) | 87.8M | 69.3M | 35.7M | 22.1M | 16.1M | 14.5M | 153.3M | 149.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |