ERAS
Erasca, Inc.3.5200
+0.0900+2.62%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
998.67MP/E (TTM)
-Basic EPS (TTM)
-0.43Dividend Yield
0%Recent Filings
10-K
FY2025 results
Erasca posted FY2025 net loss of $124.5M, improved from $161.7M in FY2024, on $92.9M R&D spend down 20% y/y as clinical programs narrowed to RAS franchise post-naporafenib termination. Q4 reflected pipeline prioritization with $9.5M IPR&D for ERAS-0015/4001 milestones; cash burn slowed to $95.5M annually. ERAS-0015 showed early Phase 1 momentum—confirmed PRs at 8mg QD, no DLTs, linear PK to 40mg—setting up H1 2026 readout. Cash of $342M funds into 2H2028. Clinical trial delays could stall quarterly progress.
8-K
ERAS-0015 early responses shine
Erasca reported Q4 and full-year 2025 results on March 12, 2026, highlighting early ERAS-0015 dose-escalation data with partial responses across RAS-mutant tumors, favorable safety, and linear PK. Cash stood at $341.8M as of year-end, bolstered by a $259M upsized January financing to $434M pro forma, funding into H2 2028. Phase 1 data for ERAS-0015 looms in H1 2026. Early signals excite, yet clinical risks persist.
8-K
Offering bolsters cash runway
Erasca closed its upsized public offering of 25,875,000 common shares on January 23, 2026, raising $242.7 million in estimated net proceeds. With $341.8 million in cash, equivalents, and marketable securities as of December 31, 2025, the biotech extends its runway into first-half 2029. Cash lasts through 2029.
8-K
Erasca prices upsized $211M offering
Erasca priced an upsized public offering of 22.5 million common shares at $10.00 each on January 21, 2026, expecting $211.0 million in net proceeds—or $242.7 million if the 30-day option for 3.375 million more shares is exercised in full—with closure targeted for January 23. Funds will fuel R&D for RAS/MAPK oncology programs and working capital. Closing hinges on customary conditions.
8-K
Erasca's $341.8M cash pile
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