Company research / AKBA

Akebia Therapeutics, Inc. (AKBA)

CIK 0001517022 · Nasdaq · Pharmaceutical Preparations

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Akebia Therapeutics, Inc. reported revenue of $236.20M. Revenue grew 47.5% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $219.06M.

Key ratios (year ended 2025-12-31)

83.3%
Gross margin (computed)
9.9%
Operating margin
-2.3%
Net margin
-16.4%
Return on year-end equity
47.5%
Revenue growth (YoY)

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

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Latest selected filing: Form 8-K (current report) · 2026-10-14

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312022-09-302022-06-302022-03-312021-12-312020-12-312019-12-31
Revenue$219.06M$236.20M$160.18M$194.62M$292.48Mn/an/an/a$211.65M$294.64M$335.00M
Cost of Revenue$44.63M$39.46M$63.18M$74.15M$85.57Mn/an/an/a$150.67M$296.48M$145.34M
Gross Profit (computed)$174.43M$196.73M$97.00M$120.47M$206.92Mn/an/an/a$60.98M-$1.83M$189.66M
R&D Expense$70.46M$62.36M$37.65M$63.08M$129.99Mn/an/an/a$147.85M$218.49M$322.97M
Operating Income-$15.13M$23.50M-$50.47M-$46.26M-$80.78Mn/an/an/a-$264.50M-$377.83M-$286.29M
Depreciation & Amortizationn/an/an/an/a$1.65Mn/an/an/a$1.93M$2.08M$2.25M
EBITDAn/an/an/an/a-$79.12Mn/an/an/a-$262.57M-$375.75M-$284.04M
Net Income-$29.67M-$5.34M-$69.41M-$51.92M-$94.23Mn/an/an/a-$282.02M-$384.84M-$279.66M
EPS (Diluted)n/a-$0.02-$0.33-$0.28-$0.52n/an/an/a-$1.70-$2.78-$2.36
Total Assets$349.66M$376.56M$220.67M$241.70M$356.05M$444.25M$529.88M$541.80M$529.35M$644.14M$771.20M
Total Liabilities$324.64M$343.95M$269.86M$272.29M$350.82M$435.99M$470.95M$519.22M$455.34M$396.52M$376.44M
Long-Term Debt$49.56M$48.25M$38.69M$34.68M$66.08Mn/an/an/a$97.54M$96.38M$75.81M
Shareholders' Equity$25.02M$32.61M-$49.19M-$30.58M$5.23Mn/an/an/a$74.01M$244.35M$394.76M
Cash & Equivalents$155.55M$184.84M$51.87M$42.92M$90.47Mn/an/an/a$149.80M$228.70M$147.45M
Operating Cash Flow$41.55M$67.99M-$40.66M-$23.38M-$73.15Mn/an/an/a-$252.97M-$110.39M-$257.44M
Capital Expenditures$1.29M$291.0K$33.0K$0$114.0Kn/an/an/a$59.0K$317.0K$6.66M
Free Cash Flow$40.26M$67.70M-$40.69M-$23.38M-$73.27Mn/an/an/a-$253.02M-$110.70M-$264.10M
Shares Outstanding271.74M265.42M224.85M194.58M184.14Mn/an/an/a177.00M148.07M121.67M
Weighted Average Diluted Sharesn/a257.16M210.95M187.47M182.78Mn/an/an/a165.95M138.46M118.40M
EPS (Basic)n/a-$0.02-$0.33-$0.28-$0.52n/an/an/a-$1.70-$2.78-$2.36

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