The U.S. Food and Drug Administration has approved Vera Therapeutics' drug to treat patients with a potentially life-threatening kidney disease, the regulator said on Tuesday, sending its shares up 6.2% in afternoon trading.
Vera Therapeutics, Inc. (VERA) stock price & volume — 10-year historical chart
Investment Thesis • Updated 2026Q1
the rapid depletion of cash reserves from $354.7 million to $114.4 million in a single quarter, combined with a $125.1 million quarterly operating loss, suggests significant near-term dilution risk for shareholders.
Vera Therapeutics, Inc. (VERA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Vera Therapeutics, Inc. (VERA) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $1.69vs $1.33-27.2% | —vs $426,033 |
| Q1 2026 | Feb 26, 2026 | $1.39vs $1.34-3.7% | — |
| Q4 2025 | Nov 5, 2025 | $1.26vs $1.20-5.0% | — |
| Q3 2025 | Aug 5, 2025 | $1.20vs $0.82-46.3% | — |
Recent stock market news and headlines for Vera Therapeutics, Inc. (VERA)
The U.S. Food and Drug Administration has approved Vera Therapeutics' drug to treat patients with a potentially life-threatening kidney disease, the regulator said on Tuesday, sending its shares up 6.2% in afternoon trading.
TRUTAKNA is the first and only available therapy that binds both B-cell activating factor (BAFF) and A PRoliferation-Inducing Ligand (APRIL), addressing the immunological drivers at the source of IgA nephropathy (IgAN).1,2 The TRUTAKNA dose is 150 mg injected subcutaneously once weekly, self-administered via an autoinjector by patients at home.1 Investor webcast is scheduled for July 7 at 4:30 pm EDT. A Media Snippet accompanying this announcement is available by clicking on this link.
Investors are closely watching Vera Therapeutics Inc. (NASDAQ:VERA) as the company awaits the U.S. Food and Drug Administration (FDA) decision for its rare kidney disease drug.

As Big Pharma braces for a looming patent cliff that threatens billions in revenue, a different group of companies is chasing the opposite story: a single breakthrough that could define their future. For these smaller players, one strong trial readout or FDA approval can mean the difference between a breakout and a bust.

As Big Pharma braces for a looming patent cliff that threatens billions in revenue, a different group of companies is chasing the opposite story: a single breakthrough that could define their future. For these smaller players, one strong trial readout or FDA approval can mean the difference between a breakout and a bust.

Key metrics vs top competitors for Vera Therapeutics, Inc. (VERA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $42.96 | $3.08B | -9.22 | — | — | -50.71% | — | |
| $39.93 | $2.66B | -10.24 | -78.63% | -34596.22% | -50.72% | — | |
| $81.57 | $9.68B | 31.86 | 37.55% | 23.13% | 126.27% | — | |
| $323.95 | $9.36B | -24.03 | -100% | — | -43.02% | — | |
| $42.13 | $4.88B | -13.21 | — | — | -71.31% | — | |
| $86.97 | $12.25B | -7128.69 | 23258.15% | -48.38% | -55.09% | — |
Vera Therapeutics, Inc. (VERA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Vera Therapeutics, Inc. (VERA) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 7, 2026·SEC
Mar 9, 2026·SEC
Feb 26, 2026·SEC
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Vera Therapeutics, Inc. (VERA) stock FAQ — growth, dividends, profitability & financials explained
Vera Therapeutics, Inc. (VERA) reported a net loss of $369.0M for fiscal year 2025.
Vera Therapeutics, Inc. (VERA) has a return on equity (ROE) of -50.7%. Negative ROE indicates the company is unprofitable.
Vera Therapeutics, Inc. (VERA) had negative free cash flow of $187.1M in fiscal year 2025, likely due to heavy capital investments.