Erasca, Inc.
ERAS Nasdaq Pharmaceutical Preparations Financials FY2020โFY2025
Last close ยท Oct 23, 2026
$14.39
2.5%What Erasca, Inc. does
No business description yet.
- Legal name
- Erasca, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K ยท Mar 12, 2026
- Accession ยท CIK
- 0001193125-26-104150
0001761918
Revenue and margins
Erasca, Inc. had โ of revenue in fiscal 2025.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ$95.6M in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Erasca, Inc. returned โ to shareholders in fiscal 2025. The diluted share count rose 21.3%.
Balance sheet
Cash, debt and the ratios that show how comfortably Erasca, Inc. can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $414M | $436M | $312M | $298M | $276M |
| Current ratio | 16.0x | 9.1x | 12.3x | 9.8x | 10.0x |
| Quick ratio | 16.0x | 9.1x | 12.3x | 9.8x | 10.0x |
| Total assets | $501M | $515M | $395M | $503M | $396M |
| Total liabilities | $44.9M | $103M | $78.6M | $79.0M | $71.0M |
| Shareholders' equity | $457M | $412M | $317M | $423M | $325M |
| Net debt (โ = net cash) | โ | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 6 | โ / 6 | โ / 6 | โ / 6 | โ / 6 |
| Accruals ratio | โ55.3% | โ13.8% | โ27.5% | โ5.2% | โ11.6% | โ6.5% |
| Altman Z'' | โ10.19 | 12.61 | 2.96 | 1.71 | 1.87 | โ0.65 |
6 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Research and development | $29.6M | $73.9M | $112M | $104M | $115M | $92.9M |
| Operating income | โ$109M | โ$125M | โ$247M | โ$142M | โ$180M | โ$141M |
| Pretax income | โ | โ | โ | โ | โ$162M | โ$125M |
| Income tax | โ | โ | โ | โ | $0.0M | $0.0M |
| Net income | โ$102M | โ$123M | โ$243M | โ$125M | โ$162M | โ$125M |
| Diluted EPS | โ$4.83 | โ$1.85 | โ$1.99 | โ$0.83 | โ$0.69 | โ$0.44 |
| Diluted shares | 0.02B | 0.07B | 0.12B | 0.15B | 0.23B | 0.28B |
| Cash flow | ||||||
| Cash from operations | โ$32.7M | โ$79.6M | โ$103M | โ$101M | โ$109M | โ$95.5M |
| Capital expenditure | $0.9M | $11.2M | $14.6M | $1.8M | $0.1M | $0.1M |
| Free cash flow | โ$33.6M | โ$90.8M | โ$118M | โ$103M | โ$109M | โ$95.6M |
| Depreciation and amortization | $0.5M | $0.8M | $2.6M | $3.7M | $3.8M | $3.1M |
| Stock-based compensation | $0.8M | $8.3M | $20.1M | $26.2M | $27.0M | $24.9M |
| Balance sheet | ||||||
| Cash and short-term investments | $119M | $414M | $436M | $312M | $298M | $276M |
| Current assets | $120M | $420M | $444M | $321M | $309M | $286M |
| Current liabilities | $13.7M | $26.2M | $48.7M | $26.2M | $31.4M | $28.5M |
| Property and equipment, net | $1.8M | $16.0M | $24.8M | $22.3M | $16.3M | $13.3M |
| Total assets | $125M | $501M | $515M | $395M | $503M | $396M |
| Total liabilities | $17.4M | $44.9M | $103M | $78.6M | $79.0M | $71.0M |
| Preferred stock | โ | โ | โ | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | โ$114M | $457M | $412M | $317M | $423M | $325M |
| Returns | ||||||
| Return on capital employed | โ98.3% | โ26.3% | โ53.1% | โ38.3% | โ38.1% | โ38.3% |
| Return on equity | โ | โ71.7% | โ55.9% | โ34.3% | โ43.7% | โ33.3% |
| Return on assets | โ81.4% | โ39.2% | โ47.8% | โ27.5% | โ36.0% | โ27.7% |
| Return on tangible equity | โ | โ26.9% | โ59.0% | โ39.5% | โ38.2% | โ38.3% |
| Growth | ||||||
| Share count change | โ | 215.1% | 84.1% | 23.1% | 55.7% | 21.3% |
| Financial health | ||||||
| Current ratio | 8.8x | 16.0x | 9.1x | 12.3x | 9.8x | 10.0x |
| Quick ratio | 8.8x | 16.0x | 9.1x | 12.3x | 9.8x | 10.0x |
| Quality scores | ||||||
| Altman Z'' | โ10.2 | 12.6 | 3.0 | 1.7 | 1.9 | โ0.7 |
| Accruals ratio | โ55.3% | โ13.8% | โ27.5% | โ5.2% | โ11.6% | โ6.5% |
Source: SEC EDGAR XBRL filings (CIK 0001761918). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.
