VERU INC.
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 06/30/23 | FY 03/31/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | — | $16.9M | $16.3M | — | — |
| Cost of revenue | — | $11.0M | $8.7M | — | — |
| Gross profit | — | $5.9M | $7.6M | — | — |
| Selling, general & administrative | — | $31.2M | $48.1M | — | — |
| Research and development | $15.6M | $12.8M | $51.2M | — | — |
| Operating expenses | $35.5M | $37.4M | $107.1M | — | — |
| Operating income | -$24.8M | -$36.2M | -$93.8M | — | — |
| Interest expense | — | $607,470 | $2.4M | — | — |
| Pretax income | — | — | -$92.7M | — | — |
| Income tax expense | $0 | $0 | $480,206 | — | — |
| Net income | -$22.7M | -$37.8M | -$93.2M | — | — |
| Balance Sheet | |||||
| Cash and equivalents | $15.8M | $24.9M | $9.6M | — | — |
| Current assets | $18.9M | $35.2M | $22.9M | $32.7M | $43.4M |
| Total assets | $29.8M | $60.4M | $50.0M | $60.2M | $70.3M |
| Current liabilities | $7.8M | $11.9M | $17.8M | $26.4M | $34.2M |
| Total liabilities | $11.5M | $28.1M | $30.3M | $39.6M | $48.5M |
| Stockholders' equity | $18.3M | $32.3M | $19.7M | $20.6M | $21.8M |
| Cash Flow Statement | |||||
| Cash from operations | -$30.0M | -$21.7M | -$88.0M | — | — |
| Depreciation and amortization | $152,105 | $268,177 | $269,874 | — | — |
| Stock-based compensation | $8.1M | $13.6M | $17.9M | — | — |
| Capital expenditure | $1,083 | $158,322 | $665,700 | — | — |
| Free cash flow | -$30.0M | -$21.8M | -$88.7M | — | — |
| Impairments | — | $0 | $3.9M | — | — |
Shares outstanding 16.1M · Free float 36.3%
Annual filing data through FY ended September 30, 2025; float as of July 11, 2026.