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ATHAAthira Pharma, Inc.
$4.34$17M
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ATHA logoAthira Pharma, Inc.(ATHA)Earnings, Financials & Key Ratios

ATHA•NASDAQ
$4.34
Price updated Jun 20, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryNeuroscience and Psychiatry Therapies
AboutAthira Pharma, Inc., a late clinical-stage biopharmaceutical company, focuses on developing small molecules to restore neuronal health and slow neurodegradation. The company's lead product candidate is ATH-1017, a blood brain barrier-penetrating, small molecule HGF/MET positive modulator that is in LIFT-AD Phase 3 and ACT-AD Phase 2 clinical trials for the treatment of Alzheimer's disease, as well as is in Phase 2 clinical trials to treat Parkinson's disease. It also develops product candidates, which are in preclinical stage, including ATH-1019 for peripheral nervous system indications; and ATH-1020 for neuropsychiatric conditions. Athira Pharma, Inc. was formerly known as M3 Biotechnology, Inc. and changed its name to Athira Pharma, Inc. in April 2019. The company was incorporated in 2011 and is headquartered in Bothell, Washington.Show more
  • Revenue$0
  • EBITDA-$102M-2.3%
  • Net Income-$106M-8.9%
  • EPS (Diluted)-24.70+2.0%
  • ROE-290.81%-162.5%

ATHA Price & Volume

Athira Pharma, Inc. (ATHA) stock price & volume — 10-year historical chart

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Binary Clinical Risk Defines Athira Financial Outlook

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Binary Clinical Trial Outcome

Key Thesis Takeaways

  • Athira Pharma remains in a high-stakes, pre-revenue development phase where the entire enterprise value is tethered to the success of the LIFT-AD clinical program.
  • The company faces significant financial pressure as it navigates a persistent net loss trajectory, which reached $32.9 million in 2026Q1, while simultaneously managing a rapidly depleting capital base.
  • Investors should monitor the firm's ability to secure non-dilutive funding or strategic partnerships, as the current cash position of $32.8 million may prove insufficient to sustain operations through the next major clinical milestone.

Verdict Logic

the company's reliance on external financing is underscored by a rapid erosion of cash reserves, which fell from $90.6 million in 2023Q4 to $32.8 million in 2026Q1.

ATHA Growth Metrics

Athira Pharma, Inc. (ATHA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-62.28%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-16.57%

Return on Capital

10 Years-100.39%
5 Years-93.45%
3 Years-136.22%
Last Year-226.52%

Latest ATHA News

Recent stock market news and headlines for Athira Pharma, Inc. (ATHA)

GlobeNewsWire·6 days ago
OTC Markets Group Welcomes ATHA Energy Corp. to OTCQX

NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced ATHA Energy Corp. (TSX-V: SASK; OTCQX: SASKF and FRA: X5U), a uranium mineral exploration company, has qualified to trade on the OTCQX® Best Market. ATHA Energy Corp. upgraded to OTCQX from the OTCQB® Venture Market.

Newsfile Corp·Jun 16, 2026
Athena Gold Provides Exploration Update from Excelsior Springs, Nevada

White Rock, British Columbia--(Newsfile Corp. - June 16, 2026) - Athena Gold Corporation (CSE: ATHA) (OTCQB: AHNRF) ("Athena" or the "Company") is pleased to provide an exploration update from its Excelsior Springs Project ("Excelsior" or the "Project") in Nevada. Mammoth Minerals Limited (ASX: M79) ("Mammoth") has been aggressively exploring Excelsior pursuant to its option agreement to earn an 80% interest in the Project over five years, providing Athena a free-carry to Definitive Feasibility Study thereafter (see Company press releases dated June 2, 2025, and August 22, 2025).

Peers Comparison

Key metrics vs top competitors for Athira Pharma, Inc. (ATHA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ATHA logoATHAAthira Pharma, Inc.Current
$4.34$17.12M-0.17——-290.81%—
SAVA logoSAVACassava Sciences, Inc.
$1.32$63.77M-2.54——-95.77%—
ACIU logoACIUAC Immune S.A.
$2.51$255.45M-2.89-86.92%-1971.7%-101.76%—
PRAX logoPRAXPraxis Precision Medicines, Inc.
$313.50$9.06B-23.26-100%—-43.02%—
AVXL logoAVXLAnavex Life Sciences Corp.
$2.66$246.51M-4.93——-38.76%—
NRXP logoNRXPNRx Pharmaceuticals, Inc.
$3.95$68.19M-2.94—-1070.26%——

Compare ATHA vs Peers

Athira Pharma, Inc. (ATHA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SAVA

Most directly comparable listed peer for ATHA.

Scale Benchmark

vs LLY

Larger-name benchmark to compare ATHA against a more recognizable public peer.

Peer Set

Compare Top 5

vs SAVA, ACIU, PRAX, AVXL

ATHA SEC Filings & Documents

Athira Pharma, Inc. (ATHA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

Mar 26, 2026·SEC

Material company update

Mar 19, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 31, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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ATHA Frequently Asked Questions

Athira Pharma, Inc. (ATHA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is ATHA profitable?

Athira Pharma, Inc. (ATHA) reported a net loss of $129.4M for fiscal year 2025.

Dividend & Returns
What is ATHA's return on equity?

Athira Pharma, Inc. (ATHA) has a return on equity (ROE) of -290.8%. Negative ROE indicates the company is unprofitable.

What is Athira Pharma, Inc.'s free cash flow?

Athira Pharma, Inc. (ATHA) had negative free cash flow of $52.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ATHA back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →