AKBA · XBRL financial data
Akebia Therapeutics financial statements, every fiscal year
The same tables from 8 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 years (AKBA's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 295 | 214 | 292 | 195 | 160 | 236 |
| Cost of revenue | 296 | 153 | 86 | 74 | 63 | 39 |
| Research and development | 218 | 148 | 130 | 63 | 38 | 62 |
| Selling, general and administrative | 154 | 174 | 139 | 100 | 107 | 107 |
| Total operating expenses | 376 | 326 | 288 | 167 | 147 | 173 |
| Operating income (loss) | (376) | (265) | (81) | (46) | (50) | 23 |
| Other income (expense) | 2 | 2 | 3 | 1 | 0 | 0 |
| Income tax expense (benefit) | 0 | 0 | 0 | 0 | 0 | 2 |
| Net income (loss) | (383) | (283) | (94) | (52) | (69) | (5) |
| Earnings per share, basic USD per share | (2.78) | (1.70) | (0.52) | (0.28) | (0.33) | (0.02) |
| Earnings per share, diluted USD per share | (2.78) | (1.70) | (0.52) | (0.28) | (0.33) | (0.02) |
| Weighted average shares, basic millions of shares | 138 | 166 | 183 | 187 | 211 | 257 |
| Weighted average shares, diluted millions of shares | 138 | 166 | 183 | 187 | 211 | 257 |
Balance sheet
CSVFiscal years (AKBA's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 229 | 150 | 90 | 43 | 52 | 185 |
| Accounts receivable | 27 | 51 | 40 | 39 | 34 | 47 |
| Inventory | 61 | 38 | 22 | 16 | 16 | 16 |
| Prepaid and other current assets | 15 | 33 | 33 | 20 | 11 | 5 |
| Total current assets | 371 | 272 | 185 | 118 | 114 | 253 |
| Property and equipment, net | 9 | 7 | 5 | 4 | 2 | 1 |
| Right-of-use asset | 27 | 34 | 29 | 12 | 8 | 4 |
| Goodwill | 55 | 55 | 59 | 59 | 59 | 59 |
| Total assets | 644 | 526 | 356 | 242 | 221 | 377 |
| Accounts payable | 41 | 34 | 18 | 15 | 15 | 21 |
| Accrued liabilities | 131 | 104 | 76 | 68 | 63 | 122 |
| Current portion of long-term debt | 0 | 98 | 32 | 18 | 0 | 0 |
| Total current liabilities | 187 | 256 | 130 | 100 | 81 | 163 |
| Long-term debt | 96 | 0 | 34 | 17 | 39 | 48 |
| Lease liability, non-current | 25 | 34 | 29 | 9 | 4 | 0 |
| Total liabilities | 397 | 449 | 351 | 272 | 270 | 344 |
| Accumulated deficit | (1,178) | (1,460) | (1,557) | (1,609) | (1,678) | (1,684) |
| Total stockholders' equity | 248 | 76 | 5 | (31) | (49) | 33 |
| Total liabilities and equity | 644 | 526 | 356 | 242 | 221 | 377 |
| Common shares outstanding (cover page) millions of shares | 154 | 181 | 184 | 209 | 236 | 268 |
Cash flows
CSVFiscal years (AKBA's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (383) | (283) | (94) | (52) | (69) | (5) |
| Stock-based compensation | 24 | 23 | 18 | 9 | 8 | 11 |
| Depreciation and amortization | 2 | 2 | 2 | — | — | — |
| Net cash from operating activities | (110) | (253) | (73) | (23) | (41) | 68 |
| Purchases of property and equipment | 0 | 0 | 0 | 0 | 0 | 0 |
| Net cash from investing activities | (40) | 40 | (0) | 0 | (0) | (8) |
| Proceeds from long-term debt | 20 | 0 | 0 | — | — | — |
| Net cash from financing activities | 232 | 134 | 15 | (25) | 50 | 73 |
| Net change in cash | 81 | (79) | (59) | (49) | 9 | 133 |
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.