Vera Therapeutics Operating Expenses Growth & History (VERA)
Vera Therapeutics's operating expenses was $315.5M for fiscal 2025.
View full Vera Therapeutics company overviewVera Therapeutics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $315.5M | $148.3M | +88.71% |
| 2024 | 2024-12-31 | $167.2M | $65.2M | +63.87% |
| 2023 | 2023-12-31 | $102.0M | $11.1M | +12.22% |
| 2022 | 2022-12-31 | $90.9M | $56.5M | +164.24% |
| 2021 | 2021-12-31 | $34.4M | −$17.8M | −34.15% |
| 2020 | 2020-12-31 | $52.2M | — | — |
Vera Therapeutics quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $112.5M | $32.3M | +40.37% |
| Q1 2026 | 2026-03-31 | $125.1M | $67.9M | +118.79% |
| Q4 2025 | 2025-12-31 | $94.2M | $45.3M | +92.60% |
| Q3 2025 | 2025-09-30 | $83.9M | $34.1M | +68.53% |
| Q2 2025 | 2025-06-30 | $80.1M | $42.8M | +114.61% |
| Q1 2025 | 2025-03-31 | $57.2M | $26.1M | +83.83% |
| Q4 2024 | 2024-12-31 | $48.9M | $21.9M | +80.98% |
| Q3 2024 | 2024-09-30 | $49.8M | $28.0M | +128.91% |
| Q2 2024 | 2024-06-30 | $37.3M | $15.4M | +69.97% |
| Q1 2024 | 2024-03-31 | $31.1M | −$146,000 | −0.47% |
| Q4 2023 | 2023-12-31 | $27.0M | −$6.6M | −19.51% |
| Q3 2023 | 2023-09-30 | $21.8M | −$3.5M | −13.82% |
| Q2 2023 | 2023-06-30 | $22.0M | $6.9M | +45.91% |
| Q1 2023 | 2023-03-31 | $31.3M | $14.2M | +83.64% |
| Q4 2022 | 2022-12-31 | $33.6M | $17.0M | +102.48% |
| Q3 2022 | 2022-09-30 | $25.2M | $18.0M | +248.10% |
| Q2 2022 | 2022-06-30 | $15.1M | $9.2M | +157.43% |
| Q1 2022 | 2022-03-31 | $17.0M | $12.3M | +260.92% |
| Q4 2021 | 2021-12-31 | $16.6M | −$26.0M | −61.03% |
| Q3 2021 | 2021-09-30 | $7.3M | $3.2M | +79.64% |
| Q2 2021 | 2021-06-30 | $5.8M | $2.7M | +84.34% |
| Q1 2021 | 2021-03-31 | $4.7M | $2.2M | +90.85% |
| Q4 2020 | 2020-12-31 | $42.6M | — | — |
| Q3 2020 | 2020-09-30 | $4.0M | — | — |
| Q2 2020 | 2020-06-30 | $3.2M | — | — |
| Q1 2020 | 2020-03-31 | $2.5M | — | — |
Vera Therapeutics operating expenses trends
Over the last five fiscal years, Vera Therapeutics's operating expenses increased from $52.2M to $315.5M, a change of $263.2M. The latest reported quarter, Q2 2026, shows $112.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vera Therapeutics source filings ↗