Verastem, Inc. (VSTM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 18.67M | 17.54M | 11.24M | 2.14M | 0 | 0 | 0 | 10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.6M | 545K | 2K | 500K |
| Revenue Growth % | - | - | - | -78.63% | - | - | - | - | - | - | - | - | -100% | -100% | -100% | -100% | 158.05% | 7.71% | -100% | -88.39% |
| Cost of Goods Sold | 3.05M | 2.89M | 1.67M | 446K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | 16.34% | 16.49% | 14.85% | 20.87% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 15.62M | 14.64M | 9.57M | 1.69M | 0 | 0 | 0 | 10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.6M | 545K | 2K | 500K |
| Gross Margin % | 83.66% | 83.51% | 85.15% | 79.13% | - | - | - | 100% | - | - | - | - | - | - | - | - | 100% | 100% | 100% | 100% |
| Gross Profit Growth % | - | - | - | -83.09% | - | - | - | - | - | - | - | - | -100% | -100% | -100% | -100% | 158.05% | 10.32% | -100% | -85.8% |
| Operating Expenses | 60.52M | 56.12M | 50.29M | 45.45M | 44.17M | 31.59M | 37.03M | 28.28M | 28.06M | 31.14M | 21.31M | 20.29M | 19.34M | 16.85M | 17.71M | 21.4M | 19.58M | 17.06M | 14.85M | 16.44M |
| OpEx % of Revenue | 324.12% | 320.03% | 447.31% | 2127.05% | - | - | - | 282.77% | - | - | - | - | - | - | - | - | 754.08% | 3129.54% | 742400% | 3288.8% |
| Selling, General & Admin | 22.3M | 24.44M | 21.01M | 20.67M | 15.02M | 10.78M | 12.28M | 10.21M | 10.35M | 8.63M | 7.36M | 7.4M | 7.33M | 6.11M | 6.42M | 6.51M | 5.93M | 5.66M | 5.52M | 6.71M |
| SG&A % of Revenue | 119.43% | 139.4% | 186.87% | 967.2% | - | - | - | 102.15% | - | - | - | - | - | - | - | - | 228.58% | 1038.53% | 276150% | 1342.8% |
| Research & Development | 38.22M | 31.68M | 28.99M | 24.79M | 29.15M | 20.81M | 24.75M | 18.06M | 17.71M | 22.5M | 13.95M | 12.89M | 12.02M | 10.74M | 11.29M | 14.89M | 13.64M | 11.4M | 9.32M | 9.73M |
| R&D % of Revenue | 204.69% | 180.64% | 257.86% | 1159.85% | - | - | - | 180.62% | - | - | - | - | - | - | - | - | 525.5% | 2091.01% | 466250% | 1946% |
| Other Operating Expenses | 0 | 0 | 290K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -44.9M | -41.47M | -40.72M | -43.76M | -44.17M | -31.59M | -37.03M | -18.28M | -28.06M | -31.14M | -21.31M | -20.29M | -19.34M | -16.85M | -17.71M | -21.4M | -16.98M | -16.51M | -14.85M | -15.94M |
| Operating Margin % | -240.46% | -236.52% | -362.17% | -2047.92% | - | - | - | -182.77% | - | - | - | - | - | - | - | - | -654.08% | -3029.54% | -742300% | -3188.8% |
| Operating Income Growth % | -1.64% | -31.29% | -9.95% | -139.45% | -57.43% | -1.45% | -73.78% | 9.93% | -45.05% | -84.85% | -20.33% | 5.19% | -13.92% | -2.03% | -19.28% | -34.23% | -20.36% | 1.45% | -198.86% | 25.02% |
| EBITDA | -44.62M | -41.18M | -40.42M | -43.64M | -44.16M | -31.58M | -37.02M | -18.27M | -28.05M | -31.18M | -21.3M | -20.23M | -19.36M | -16.86M | -17.72M | -21.41M | -16.99M | -16.52M | -14.85M | -15.91M |
| EBITDA Margin % | -238.97% | -234.82% | -359.57% | -2041.93% | - | - | - | -182.71% | - | - | - | - | - | - | - | - | -654.35% | -3030.64% | -742600% | -3181.8% |
| EBITDA Growth % | -1.03% | -30.37% | -9.18% | -138.83% | -57.43% | -1.29% | -73.78% | 9.68% | -44.94% | -84.96% | -20.23% | 5.51% | -13.94% | -2.06% | -19.31% | -34.57% | -20.83% | 1.12% | -197.35% | 23.52% |
| D&A (Non-Cash Add-back) | 279K | 298K | 292K | 128K | 10K | 7K | 7K | 6K | 6K | -41K | 5K | 63K | -11K | -12K | -11K | -6K | -7K | -6K | -6K | 35K |
| EBIT | -44.9M | -41.47M | -98.52M | -25.72M | -51.91M | -63.22M | -22.82M | -7.12M | -32.73M | -26.25M | -18.88M | -23.16M | -14.95M | -16.08M | -17.37M | -21.31M | -16.91M | -16.47M | -14.81M | -15.89M |
| Net Interest Income | 915K | 688K | 863K | 610K | 768K | -178K | -317K | -155K | 237K | 749K | 1.12M | 1K | 207K | 45K | -401K | -556K | -10K | 30K | -7.94M | -958K |
| Interest Income | 1.3M | 1.1M | 863K | 822K | 960K | 968K | 831K | 983K | 1.37M | 1.87M | 2.25M | 1.12M | 976K | 769K | 316K | 84K | 46K | 40K | 40K | 49K |
| Interest Expense | 382K | 415K | 0 | 212K | 192K | 1.15M | 1.15M | 1.14M | 1.13M | 1.12M | 1.13M | 1.12M | 769K | 724K | 717K | 640K | 56K | 10K | 7.98M | 1.01M |
| Other Income/Expense | 8.31M | 8.56M | -57.8M | 17.83M | -7.93M | -32.78M | 13.06M | 10.02M | -5.8M | 3.77M | 1.3M | -3.99M | 3.63M | 38K | -381K | -550K | 18K | 30K | -7.94M | -958K |
| Pretax Income | -36.59M | -32.92M | -98.52M | -25.93M | -52.1M | -64.37M | -23.97M | -8.26M | -33.86M | -27.37M | -20M | -24.28M | -15.71M | -16.81M | -18.09M | -21.95M | -16.96M | -16.48M | -22.79M | -16.9M |
| Pretax Margin % | -195.98% | -187.72% | -876.34% | -1213.57% | - | - | - | -82.56% | - | - | - | - | - | - | - | - | -653.39% | -3024.04% | -1139300% | -3380.4% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 185K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | -0.29% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -36.59M | -32.92M | -98.52M | -25.93M | -52.1M | -64.55M | -23.97M | -8.26M | -33.86M | -27.37M | -20M | -24.28M | -15.71M | -16.81M | -18.09M | -21.95M | -16.96M | -16.48M | -22.79M | -16.9M |
| Net Margin % | -195.98% | -187.72% | -876.34% | -1213.57% | - | - | - | -82.56% | - | - | - | - | - | - | - | - | -653.39% | -3024.04% | -1139300% | -3380.4% |
| Net Income Growth % | 29.77% | 49.01% | -311.06% | -214.12% | -53.86% | -135.86% | -19.81% | 66% | -115.5% | -62.83% | -10.58% | -10.61% | 7.36% | -1.98% | 20.61% | -29.88% | -12.85% | 17.03% | -273.44% | 26.55% |
| Net Income (Continuing) | -36.59M | -32.92M | -98.52M | -25.93M | -52.1M | -64.55M | -23.97M | -8.26M | -33.86M | -27.37M | -20M | -24.28M | -15.71M | -16.81M | -18.09M | -21.95M | -16.96M | -16.48M | -22.79M | -16.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.37 | -0.39 | -1.35 | -0.62 | -0.96 | -1.70 | -0.60 | -0.31 | -1.26 | -1.02 | -0.75 | -1.37 | -0.77 | -0.99 | -1.10 | -1.41 | -1.09 | -1.08 | -1.52 | -1.20 |
| EPS Growth % | 61.46% | 77.06% | -125% | -100% | 23.81% | -66.67% | 20% | 77.37% | -63.64% | -3.03% | 31.82% | 2.84% | 29.36% | 8.33% | 27.63% | -17.5% | -0.93% | 22.86% | -258.33% | 28.14% |
| EPS (Basic) | -0.37 | -0.39 | -1.35 | -0.39 | -0.96 | -1.70 | -0.60 | -0.31 | -1.26 | -1.02 | -0.75 | -1.37 | -0.77 | -0.99 | -1.10 | -1.41 | -1.09 | -1.08 | -1.52 | -1.20 |
| Diluted Shares Outstanding | 99.15M | 83.4M | 73.16M | 74.04M | 54.17M | 37.99M | 40.26M | 26.86M | 26.83M | 26.81M | 26.79M | 17.73M | 16.72M | 17.04M | 16.43M | 15.54M | 15.52M | 15.22M | 14.99M | 14.33M |
| Basic Shares Outstanding | 98.29M | 83.4M | 73.16M | 66.14M | 54.17M | 37.99M | 40.26M | 26.86M | 26.83M | 26.81M | 26.79M | 17.73M | 16.72M | 17.04M | 16.43M | 15.54M | 15.52M | 15.22M | 14.99M | 14.33M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |