AKBA · XBRL financial data
Akebia Therapeutics financial statements, every quarter
The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (AKBA's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 42 | 56* | 33 | 44 | 37 | 46* | 57 | 62 | 59 | 58* | 54 | 49 |
| Cost of revenue | 18 | 19* | 12 | 17 | 14 | 20* | 8 | 10 | 9 | 13* | 12 | 10 |
| Research and development | 13 | 10* | 10 | 8 | 8 | 12* | 10 | 11 | 15 | 27* | 15 | 14 |
| Selling, general and administrative | 23 | 25* | 25 | 27 | 27 | 28* | 26 | 27 | 29 | 26* | 30 | 28 |
| Total operating expenses | 37 | 36* | 36 | 35 | 36 | 40* | 36 | 38 | 45 | 54* | 46 | 45 |
| Operating income (loss) | (13) | 1* | (15) | (9) | (13) | (14)* | 14 | 14 | 4 | (9)* | (5) | (6) |
| Other income (expense) | (0) | 1* | 0 | (0) | (0) | 0* | 0 | (0) | (0) | (0)* | 0 | (0) |
| Income tax expense (benefit) | — | year only | — | — | 0 | 0* | 0 | 0 | 1 | 1* | 0 | 0 |
| Net income (loss) | (14) | 1* | (18) | (9) | (20) | (23)* | 6 | 0 | 1 | (12)* | (9) | (9) |
| Earnings per share, basic USD per share | (0.08) | 0.00* | (0.09) | (0.04) | (0.10) | (0.10)* | 0.03 | 0.00 | 0.00 | (0.05)* | (0.03) | (0.03) |
| Earnings per share, diluted USD per share | (0.08) | 0.00* | (0.09) | (0.04) | (0.10) | (0.10)* | 0.03 | 0.00 | 0.00 | (0.05)* | (0.03) | (0.03) |
| Weighted average shares, basic millions of shares | 188 | 190* | 205 | 210 | 210 | 219* | 235 | 263 | 265 | 265* | 267 | 270 |
| Weighted average shares, diluted millions of shares | 188 | 190* | 205 | 210 | 210 | 219* | 242 | 271 | 274 | 241* | 267 | 270 |
Balance sheet
CSVFiscal quarters (AKBA's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 47 | 43 | 42 | 39 | 34 | 52 | 113 | 137 | 166 | 185 | 163 | 156 |
| Accounts receivable | 23 | 39 | 27 | 30 | 32 | 34 | 62 | 73 | 66 | 47 | 63 | 54 |
| Inventory | 18 | 16 | 26 | 24 | 20 | 16 | 20 | 17 | 19 | 16 | 13 | 13 |
| Prepaid and other current assets | 22 | 20 | 19 | 19 | 13 | 11 | 9 | 8 | 7 | 5 | 5 | 7 |
| Total current assets | 110 | 118 | 113 | 112 | 100 | 114 | 204 | 235 | 258 | 253 | 243 | 230 |
| Property and equipment, net | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 2 |
| Right-of-use asset | 13 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 4 | 2 | 6 |
| Goodwill | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 |
| Total assets | 235 | 242 | 225 | 220 | 207 | 221 | 310 | 346 | 364 | 377 | 363 | 350 |
| Accounts payable | 9 | 15 | 12 | 10 | 13 | 15 | 13 | 12 | 10 | 21 | 8 | 9 |
| Accrued liabilities | 63 | 68 | 54 | 54 | 52 | 63 | 71 | 92 | 106 | 122 | 125 | 110 |
| Current portion of long-term debt | 8 | 18 | 0 | 0 | 0 | 0 | — | — | — | 0 | 12 | 25 |
| Total current liabilities | 80 | 100 | 66 | 107 | 66 | 81 | 91 | 119 | 133 | 163 | 174 | 161 |
| Long-term debt | 35 | 17 | 30 | 38 | 38 | 39 | 47 | 47 | 48 | 48 | 36 | 25 |
| Lease liability, non-current | 10 | 9 | 8 | 6 | 5 | 4 | 2 | 1 | 0 | 0 | — | 4 |
| Total liabilities | 274 | 272 | 253 | 254 | 258 | 270 | 286 | 316 | 323 | 344 | 335 | 325 |
| Accumulated deficit | (1,610) | (1,609) | (1,627) | (1,636) | (1,656) | (1,678) | (1,672) | (1,672) | (1,671) | (1,684) | (1,693) | (1,702) |
| Total stockholders' equity | (39) | (31) | (27) | (34) | (50) | (49) | 25 | 29 | 42 | 33 | 27 | 25 |
| Total liabilities and equity | 235 | 242 | 225 | 220 | 207 | 221 | 310 | 346 | 364 | 377 | 363 | 350 |
| Common shares outstanding (cover page) millions of shares | 188 | 209 | 210 | 210 | 218 | 236 | 263 | 265 | 265 | 268 | 268 | 277 |
Cash flows
CSVFiscal quarters (AKBA's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (14) | 1* | (18) | (9) | (20) | (23)* | 6 | 0 | 1 | (12)* | (9) | (9) |
| Stock-based compensation | 2* | 2* | 2 | 2* | 2* | 2* | 2 | 3* | 3* | 3* | 4 | 3* |
| Net cash from operating activities | (7)* | (2)* | (19) | (10)* | (7)* | (4)* | (14) | 22* | 28* | 31* | (21) | 4* |
| Purchases of property and equipment | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 1* |
| Net cash from investing activities | 0* | 0* | 0 | (0)* | (0)* | (0)* | 0 | (0)* | (0)* | (8)* | (0) | (4)* |
| Net cash from financing activities | 0* | (1)* | 18 | 8* | 1* | 22* | 75 | 2* | 1* | (5)* | (1) | (7)* |
| Net change in cash | (7)* | (4)* | (1) | (2)* | (5)* | 18* | 62 | 24* | 29* | 18* | (22) | (7)* |
Compare with peers
SIC 2834 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 2834 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Akebia Therapeutics | 156 | 49 | 3.5* | 277.1M | — | 10-QJun 30, 2026 |
| Viridian Therapeutics | 165 | not reported | (105)* | 113.3M | 9.3 quarters | 10-QJun 30, 2026 |
| Collegium Pharmaceutical | 129 | 200 | 71* | 32.6M | — | 10-QJun 30, 2026 |
| Ardelyx | 46 | 128 | 2.2* | 251.4M | — | 10-QSep 30, 2026 |
| Neogen | 172 | 223 | 13 | 218.3M | — | 10-QAug 31, 2026 |
| CorMedix | 257 | 102 | 86* | 77.9M | — | 10-QJun 30, 2026 |
| Aurinia Pharmaceuticals | 46 | 84 | 46* | 134.0M | — | 10-QSep 30, 2026 |
| Harrow | 84 | 71 | (9.8)* | 37.5M | 8.6 quarters | 10-QJun 30, 2026 |
| Novavax | 191 | 57 | (73)* | 164.9M | 9.9 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.