EdgarLookup

Verastem, Inc. — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that Verastem, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
-677.6%
Profit Margin
Net income ÷ revenue
-85%
Return on Assets
Net income ÷ assets
3.31x
Debt-to-Equity
Total liabilities ÷ equity
+209.1%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $30.91M Mar 4, 2026
FY2025 Dec 31, 2024 $10.00M Mar 4, 2026
FY2024 Dec 31, 2022 $2.60M Mar 20, 2025
FY2023 Dec 31, 2021 $2.05M Mar 14, 2024

Revenue

Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.

Fiscal Year Period End Value Filed
FY2024 Dec 31, 2024 $10.00M Mar 20, 2025
FY2024 Dec 31, 2022 $2.60M Mar 20, 2025
FY2022 Dec 31, 2021 $2.05M Mar 14, 2023
FY2020 Dec 31, 2020 $506.0K Mar 18, 2021
FY2020 Sep 30, 2020 $78.65M Mar 18, 2021
FY2020 Jun 30, 2020 $4.31M Mar 18, 2021
FY2020 Mar 31, 2020 $5.06M Mar 18, 2021
FY2020 Dec 31, 2019 $3.62M Mar 18, 2021
FY2020 Sep 30, 2019 $9.03M Mar 18, 2021
FY2020 Jun 30, 2019 $3.14M Mar 18, 2021

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($209.47M) Mar 4, 2026
FY2025 Dec 31, 2024 ($130.64M) Mar 4, 2026
FY2025 Dec 31, 2023 ($87.37M) Mar 4, 2026
FY2024 Dec 31, 2022 ($73.81M) Mar 20, 2025
FY2023 Dec 31, 2021 ($71.20M) Mar 14, 2024
FY2020 Dec 31, 2020 ($19.86M) Mar 18, 2021
FY2020 Sep 30, 2020 $13.14M Mar 18, 2021
FY2020 Jun 30, 2020 ($23.01M) Mar 18, 2021
FY2020 Mar 31, 2020 ($37.99M) Mar 18, 2021
FY2020 Dec 31, 2019 ($38.77M) Mar 18, 2021

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($170.13M) Mar 4, 2026
FY2025 Dec 31, 2024 ($114.96M) Mar 4, 2026
FY2025 Dec 31, 2023 ($92.08M) Mar 4, 2026
FY2024 Dec 31, 2022 ($72.94M) Mar 20, 2025
FY2023 Dec 31, 2021 ($61.41M) Mar 14, 2024
FY2020 Dec 31, 2020 ($16.75M) Mar 18, 2021
FY2020 Sep 30, 2020 $15.02M Mar 18, 2021
FY2020 Jun 30, 2020 ($21.26M) Mar 18, 2021
FY2020 Mar 31, 2020 ($26.36M) Mar 18, 2021
FY2020 Dec 31, 2019 ($33.29M) Mar 18, 2021

R&D Expense

Spending on research and development activities — developing new products, improving existing ones, or conducting basic research. High R&D relative to revenue is common in technology and pharmaceutical companies.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $114.60M Mar 4, 2026
FY2025 Dec 31, 2024 $81.33M Mar 4, 2026
FY2025 Dec 31, 2023 $61.36M Mar 4, 2026
FY2024 Dec 31, 2022 $50.56M Mar 20, 2025
FY2023 Dec 31, 2021 $39.35M Mar 14, 2024
FY2020 Dec 31, 2020 $10.15M Mar 18, 2021
FY2020 Sep 30, 2020 $10.96M Mar 18, 2021
FY2020 Jun 30, 2020 $9.34M Mar 18, 2021
FY2020 Mar 31, 2020 $10.92M Mar 18, 2021
FY2020 Dec 31, 2019 $12.46M Mar 18, 2021

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $81.15M Mar 4, 2026
FY2025 Dec 31, 2024 $43.62M Mar 4, 2026
FY2025 Dec 31, 2023 $30.73M Mar 4, 2026
FY2024 Dec 31, 2022 $24.98M Mar 20, 2025
FY2023 Dec 31, 2021 $24.12M Mar 14, 2024
FY2020 Dec 31, 2020 $7.10M Mar 18, 2021
FY2020 Sep 30, 2020 $20.61M Mar 18, 2021
FY2020 Jun 30, 2020 $15.44M Mar 18, 2021
FY2020 Mar 31, 2020 $19.60M Mar 18, 2021
FY2020 Dec 31, 2019 $23.73M Mar 18, 2021

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($137.51M) Mar 4, 2026
FY2025 Dec 31, 2024 ($104.77M) Mar 4, 2026
FY2025 Dec 31, 2023 ($86.46M) Mar 4, 2026
FY2024 Dec 31, 2022 ($63.67M) Mar 20, 2025
FY2023 Dec 31, 2021 ($53.50M) Mar 14, 2024
FY2022 Dec 31, 2020 ($33.51M) Mar 14, 2023
FY2021 Dec 31, 2019 ($138.52M) Mar 28, 2022
FY2020 Dec 31, 2018 ($74.52M) Mar 18, 2021
FY2019 Dec 31, 2017 ($57.31M) Mar 11, 2020
FY2018 Dec 31, 2016 ($29.48M) Mar 12, 2019

Capital Expenditures (Capex)

Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2024 $28.0K Mar 4, 2026
FY2023 Dec 31, 2021 $196.0K Mar 14, 2024
FY2022 Dec 31, 2020 $33.0K Mar 14, 2023
FY2021 Dec 31, 2019 $7.0K Mar 28, 2022
FY2020 Dec 31, 2018 $1.51M Mar 18, 2021
FY2018 Dec 31, 2016 $39.0K Mar 12, 2019
FY2017 Dec 31, 2015 $211.0K Mar 13, 2018
FY2016 Dec 31, 2014 $2.43M Mar 23, 2017
FY2015 Dec 31, 2013 $56.0K Mar 3, 2016
FY2014 Dec 31, 2012 $310.0K Mar 10, 2015

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $246.44M Mar 4, 2026
FY2025 Dec 31, 2024 $101.54M Mar 4, 2026
FY2024 Dec 31, 2023 $149.72M Mar 20, 2025
FY2023 Dec 31, 2022 $95.05M Mar 14, 2024
FY2022 Dec 31, 2021 $108.66M Mar 14, 2023
FY2021 Dec 31, 2020 $154.35M Mar 28, 2022
FY2020 Dec 31, 2019 $145.05M Mar 18, 2021
FY2019 Dec 31, 2018 $277.24M Mar 11, 2020
FY2018 Dec 31, 2017 $89.79M Mar 12, 2019
FY2017 Dec 31, 2016 $83.63M Mar 13, 2018

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $189.25M Mar 4, 2026
FY2025 Dec 31, 2024 $130.43M Mar 4, 2026
FY2024 Dec 31, 2023 $71.19M Mar 20, 2025
FY2023 Dec 31, 2022 $47.66M Mar 14, 2024
FY2022 Dec 31, 2021 $21.10M Mar 14, 2023
FY2021 Dec 31, 2020 $39.08M Mar 28, 2022
FY2020 Dec 31, 2019 $137.87M Mar 18, 2021
FY2019 Dec 31, 2018 $152.94M Mar 11, 2020
FY2018 Dec 31, 2017 $32.11M Mar 12, 2019
FY2017 Dec 31, 2016 $11.33M Mar 13, 2018

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $57.20M Mar 4, 2026
FY2025 Dec 31, 2024 ($28.89M) Mar 4, 2026
FY2025 Dec 31, 2023 $57.37M Mar 4, 2026
FY2025 Dec 31, 2022 $47.39M Mar 4, 2026
FY2024 Dec 31, 2021 $87.56M Mar 20, 2025
FY2023 Dec 31, 2020 $115.27M Mar 14, 2024
FY2022 Dec 31, 2019 $7.17M Mar 14, 2023
FY2021 Dec 31, 2018 $124.30M Mar 28, 2022
FY2020 Dec 31, 2017 $57.68M Mar 18, 2021
FY2019 Dec 31, 2016 $72.30M Mar 11, 2020

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($1.16B) Mar 4, 2026
FY2025 Dec 31, 2024 ($955.53M) Mar 4, 2026
FY2024 Dec 31, 2023 ($824.89M) Mar 20, 2025
FY2023 Dec 31, 2022 ($737.52M) Mar 14, 2024
FY2022 Dec 31, 2021 ($663.71M) Mar 14, 2023
FY2021 Dec 31, 2020 ($592.51M) Mar 28, 2022
FY2020 Dec 31, 2019 ($524.79M) Mar 18, 2021
FY2019 Dec 31, 2018 ($375.58M) Mar 11, 2020
FY2018 Dec 31, 2017 ($303.14M) Mar 12, 2019
FY2017 Dec 31, 2016 ($235.32M) Mar 13, 2018

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $204.99M Mar 4, 2026
FY2025 Dec 31, 2024 $88.82M Mar 4, 2026
FY2024 Dec 31, 2023 $77.91M Mar 20, 2025
FY2023 Dec 31, 2022 $74.93M Mar 14, 2024
FY2022 Dec 31, 2021 $21.25M Mar 14, 2023
FY2021 Dec 31, 2020 $67.78M Mar 28, 2022
FY2020 Dec 31, 2019 $43.51M Mar 18, 2021
FY2019 Dec 31, 2018 $129.87M Mar 11, 2020
FY2018 Dec 31, 2017 $82.18M Mar 12, 2019
FY2017 Dec 31, 2016 $32.35M Mar 13, 2018

Long-Term Debt

Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2024 $40.72M Mar 4, 2026
FY2024 Dec 31, 2023 $40.09M Mar 20, 2025
FY2023 Dec 31, 2022 $24.53M Mar 14, 2024
FY2017 Dec 31, 2017 $15.00B Mar 13, 2018

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 (3) Mar 4, 2026
FY2025 Dec 31, 2024 (3) Mar 4, 2026
FY2025 Dec 31, 2023 (3) Mar 4, 2026
FY2024 Dec 31, 2022 (4) Mar 20, 2025
FY2023 Dec 31, 2021 (4) Mar 14, 2024
FY2020 Dec 31, 2020 0 Mar 18, 2021
FY2020 Sep 30, 2020 0 Mar 18, 2021
FY2020 Jun 30, 2020 0 Mar 18, 2021
FY2020 Mar 31, 2020 0 Mar 18, 2021
FY2020 Dec 31, 2019 0 Mar 18, 2021

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 (3) Mar 4, 2026
FY2025 Dec 31, 2024 (3) Mar 4, 2026
FY2025 Dec 31, 2023 (3) Mar 4, 2026
FY2024 Dec 31, 2022 (4) Mar 20, 2025
FY2023 Dec 31, 2021 (4) Mar 14, 2024
FY2020 Dec 31, 2020 0 Mar 18, 2021
FY2020 Sep 30, 2020 0 Mar 18, 2021
FY2020 Jun 30, 2020 0 Mar 18, 2021
FY2020 Mar 31, 2020 0 Mar 18, 2021
FY2020 Dec 31, 2019 0 Mar 18, 2021

Shares Outstanding

Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 77.74M Mar 4, 2026
FY2025 Dec 31, 2024 44.78M Mar 4, 2026
FY2024 Dec 31, 2023 25.28M Mar 20, 2025
FY2023 Dec 31, 2022 16.71M Mar 14, 2024
FY2022 Dec 31, 2021 185.29M Mar 14, 2023
FY2021 Dec 31, 2020 170.46M Mar 28, 2022
FY2020 Dec 31, 2019 80.12M Mar 18, 2021
FY2019 Dec 31, 2018 73.81M Mar 11, 2020
FY2018 Dec 31, 2017 50.80M Mar 12, 2019
FY2017 Dec 31, 2016 36.99M Mar 13, 2018