Viking Therapeutics, Inc.

VKTX 10-K · FY 2025

VKTX FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Research & Development 344,955 101,644 +239.4%
General & Administrative 48,387 49,277 -1.8%
Operating Expenses 393,342 150,921 +160.6%
Operating Income -393,342 -150,921 -160.6%
Amortization Of Financing Costs Equity Transactions -56 -94 +40.4%
Interest Income Expense Nonoperating Net 33,704 40,940 -17.7%
Realized Investment Gains Losses 55 112 -50.9%
Other Non-Operating Income (Expense) 33,703 40,958 -17.7%
Net Income -359,639 -109,963 -227.1%
Show Equity Components breakouts
Retained Earnings -359,639 -109,963 -227.1%
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax 1,119 -173 +746.8%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 1,119 -173 +746.8%
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax 47 -226 +120.8%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 47 -226 +120.8%
Comprehensive Income -358,473 -110,362 -224.8%
EPS (Basic) -3.19 -1.01 -215.8%
Wtd Avg Shares (Basic) 112,667 109,037 +3.3%
EPS (Diluted) -3.19 -1.01 -215.8%
Wtd Avg Shares (Diluted) 112,667 109,037 +3.3%
Income Before Taxes -359,639 -109,963 -227.1%
Income Tax Expense (Benefit) 1 1 0.0%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 165,810 26,676 +521.6%
Available For Sale Securities Debt Securities Current 539,929 875,936 -38.4%
Prepaid Clinical Trial And Preclinical Study Costs 8,053 3,476 +131.7%
Prepaid Expenses & Other Current Assets 1,806 1,128 +60.1%
Total Current Assets 715,598 907,216 -21.1%
Non-Current Assets
Operating Lease Right-of-Use Assets 85 1,003 -91.5%
Deposits Assets Noncurrent 46 46 0.0%
Total Assets 715,729 908,321 -21.2%
Current Liabilities
Accounts Payable 53,251 9,813 +442.7%
Other Accrued Liabilities Current 23,279 17,111 +36.0%
Operating Lease Liability Current 137 489 -72.0%
Total Current Liabilities 76,667 27,413 +179.7%
Non-Current Liabilities
Total Liabilities 76,667 28,043 +173.4%
Stockholders' Equity
Common Stock 1 1 0.0%
Additional Paid In Capital Common Stock 1,486,229 1,368,972 +8.6%
Retained Earnings -847,546 -487,907 -73.7%
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax 378 -788 +148.0%
Total Stockholders' Equity 639,062 880,278 -27.4%
Total Liabilities & Equity 715,729 908,321 -21.2%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Net Income -359,639 -109,963 -227.1%
Accretion Amortization Of Discounts And Premiums Investments -9,284 -17,267 +46.2%
Stock-Based Compensation 40,818 29,712 +37.4%
Show Award Date breakouts
January 2023 [Member] · Performance Based Restricted Stock Units [Member] 1.8
January 2024 [Member] · Performance Based Restricted Stock Units [Member] 1.7
January 2025 [Member] · Performance Based Restricted Stock Units [Member] 9.2
Show Award Type breakouts
Employee Stock Option 15,279 11,017 +38.7%
Employee Stock Purchase Plan [Member] 752 1,094 -31.3%
Performance Based Restricted Stock Units [Member] 4.5
Restricted stock and restricted stock units [Member] 24,787 17,601 +40.8%
Show Income Statement Location breakouts
General And Administrative Expense 27,655 20,791 +33.0%
Research And Development Expense 13,163 8,921 +47.6%
Operating Lease Right Of Use Asset Amortization Expense 431 346 +24.6%
Operating Leases Interest Expense 10 38 -73.7%
Change in Prepaid & Other Assets -5,199 446 -1265.7%
Change In Accrued Interest Relating To Marketable Securities Held As Investments 5,076 1,199 +323.4%
Change in Accounts Payable 43,438 2,303 +1786.1%
Increase Decrease In Accrued Liabilities 6,168 5,816 +6.1%
Increase Decrease In Operating Lease Liability -505 -402 -25.6%
Net Cash from Operations -278,685 -87,790 -217.4%
Investing Activities
Payments To Acquire Investments -418,037 -1,113,368 +62.5%
Proceeds From Sale Maturity And Collections Of Investments 759,425 560,002 +35.6%
Net Cash from Investing 341,388 -553,366 +161.7%
Unpaid Deferred Initial Public Offering And Other Financing Costs 50 50 0.0%
Financing Activities
Proceeds From Warrant And Option Exercises And Stock Issuance Under Employee Stock Purchase Plan 2,491 10,813 -77.0%
Proceeds From Issuance Of At The Market Equity Offering Sales Agreement Net Of Fees 73,948 46,658 +58.5%
Net Cash from Financing 76,439 612,464 -87.5%
Other Cash Flow
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect 139,142 -28,692 +585.0%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 165,810 26,676 +521.6%
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations -8 -148 +94.6%

Values in thousands USD. Source: SEC EDGAR 10-K filing.

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