Erasca, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Research and development | $92.9M | $115.4M | $103.8M | $112.5M | $73.9M |
| Operating expenses | $140.9M | $179.6M | $141.5M | $247.4M | $124.9M |
| Operating income | -$140.9M | -$179.6M | -$141.5M | -$247.4M | -$124.9M |
| Pretax income | -$124.5M | -$161.7M | — | — | — |
| Income tax expense | $0 | $0 | — | — | — |
| Net income | -$124.5M | -$161.7M | -$125.0M | -$242.8M | -$122.8M |
| Balance Sheet | |||||
| Cash and equivalents | $73.8M | $67.7M | $93.1M | $284.2M | $360.5M |
| Current assets | $286.2M | $308.8M | $320.7M | $444.5M | $420.0M |
| Total assets | $396.2M | $502.5M | $395.3M | $514.9M | $501.4M |
| Current liabilities | $28.5M | $31.4M | $26.2M | $48.7M | $26.2M |
| Total liabilities | $71.0M | $79.0M | $78.6M | $103.1M | $44.9M |
| Stockholders' equity | $325.2M | $423.5M | $316.7M | $411.9M | $456.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$95.5M | -$109.4M | -$101.2M | -$103.3M | -$79.6M |
| Depreciation and amortization | $3.1M | $3.8M | $3.7M | $2.6M | $829,000 |
| Stock-based compensation | $24.9M | $27.0M | $26.2M | $20.1M | $8.3M |
| Capital expenditure | $128,000 | $60,000 | $1.8M | $14.6M | $11.2M |
| Free cash flow | -$95.6M | -$109.5M | -$103.0M | -$117.8M | -$90.8M |
Shares outstanding 311.0M · Free float 83.2%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.