NASDAQ · Financial Statements

Erasca, Inc. (ERAS) Financial Statements

$14.99 NASDAQ: ERAS Market Cap $5.24B

Erasca, Inc. most recently reported annual revenue of $0, a net loss of $125.0M. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Erasca, Inc.: net profit was positive in 0 of 7 reported years; the most recent year shows a net loss of $125.0M.

Income Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Revenue$0$0$0$0$0$0$0
Operating Expenses$13.0M$109.0M$125.0M$247.0M$142.0M$180.0M$131.0M
Operating Profit$-13.0M$-109.0M$-125.0M$-247.0M$-142.0M$-180.0M$-131.0M
Operating Margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Other Income$1.0M$8.0M$2.0M$5.0M$16.0M$18.0M$7.0M
Interest$0$0$0$201.0M$0$0$0
Depreciation$0$1.0M$1.0M$3.0M$4.0M$4.0M$3.0M
Profit Before Tax$-12.0M$-102.0M$-123.0M$-243.0M$-125.0M$-162.0M$-125.0M
Tax$0$0$0$0$0$0$0
Net Profit$-12.0M$-102.0M$-123.0M$-243.0M$-125.0M$-162.0M$-125.0M
EPS$-0.10$-0.85$-1.03$-1.99$-0.83$-0.69$-0.44
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$0$0$0$0$0$0$0$0$0$0$0$0
Operating Expenses$35.0M$34.0M$39.0M$68.0M$37.0M$36.0M$36.0M$38.0M$35.0M$33.0M$38.0M$48.0M
Operating Profit$-35.0M$-34.0M$-39.0M$-68.0M$-37.0M$-36.0M$-36.0M$-38.0M$-35.0M$-33.0M$-38.0M$-48.0M
Operating Margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Interest$0$0$0$0$0$0$0$0$0$0$0$0
Profit Before Tax$-30.0M$-30.0M$-35.0M$-63.0M$-31.0M$-32.0M$-31.0M$-34.0M$-31.0M$-29.0M$-183.0M$-44.0M
Tax$0$0$0$0$0$0$0$0$0$0$0$0
Net Profit$-30.0M$-30.0M$-35.0M$-63.0M$-31.0M$-32.0M$-31.0M$-34.0M$-31.0M$-29.0M$-183.0M$-44.0M
EPS$-0.20$-0.20$-0.23$-0.29$-0.11$-0.11$-0.11$-0.12$-0.11$-0.10$-0.60$-0.14

Over the 7 years reported for Erasca, Inc., borrowings increased from $4.0M in 2019 to $47.0M in 2025, cash stood at $74.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 9.86 times.

Balance Sheet — 7 Years (USD millions)

Metric2019202020212022202320242025
Total Assets$56.0M$125.0M$501.0M$515.0M$395.0M$503.0M$396.0M
Current Assets$51.0M$120.0M$420.0M$444.0M$321.0M$309.0M$286.0M
Cash$30.0M$65.0M$360.0M$284.0M$93.0M$68.0M$74.0M
Inventory$0$0$0$0$0$0$0
Receivables$0$0$0$0$0$2.0M$3.0M
Fixed Assets$4.0M$4.0M$33.0M$65.0M$60.0M$49.0M$42.0M
Capital Work in Progress$0$0$0$0$0$0$0
Investments$21.0M$54.0M$99.0M$153.0M$229.0M$373.0M$268.0M
Other Assets$0$0$0$0$0$0$0
Total Liabilities$69.0M$17.0M$45.0M$103.0M$79.0M$79.0M$71.0M
Current Liabilities$3.0M$14.0M$26.0M$49.0M$26.0M$31.0M$29.0M
Borrowings$4.0M$3.0M$19.0M$55.0M$56.0M$52.0M$47.0M
Other Liabilities$65.0M$14.0M$26.0M$48.0M$23.0M$27.0M$24.0M
Equity$0$0$0$0$0$0$0
Reserves$-14.0M$107.0M$457.0M$412.0M$317.0M$423.0M$325.0M

For Erasca, Inc., operating cash flow was positive in 0 of 7 reported years; free cash flow in the latest year was negative at $96.0M; free cash flow was positive in 0 of 7 years.

Cash Flow Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Operating Cash Flow$-10.0M$-33.0M$-80.0M$-103.0M$-101.0M$-109.0M$-95.0M
Investing Cash Flow$-21.0M$-110.0M$-83.0M$-88.0M$-93.0M$-179.0M$100.0M
Financing Cash Flow$0$3.0M$3.0M$3.0M$0$2.0M$0
Net Cash Flow$-14.0M$36.0M$295.0M$-76.0M$-191.0M$-25.0M$6.0M
Free Cash Flow$-11.0M$-71.0M$-98.0M$-120.0M$-103.0M$-132.0M$-96.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.14
EV / EBITDA-18.01
FCF Yield-1.92%
Quick Ratio8.29
Interest Coverage—
Return 1Y923.13%
Return 3Y532.05%
Return 5Y-31.36%

Erasca, Inc. (ERAS) financials — frequently asked questions

What is Erasca, Inc.'s annual revenue?

Erasca, Inc. (ERAS) reported annual revenue of $0 in its most recent fiscal year.

What is Erasca, Inc.'s net profit?

Erasca, Inc. (ERAS) reported a net loss of $125.0M in its most recent fiscal year.

What is ERAS EV/EBITDA?

Erasca, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is -18.01. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.

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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.