Akebia Therapeutics, Inc.

Akebia Therapeutics, Inc.

AKBA
Akebia Therapeutics, Inc.US flagNASDAQ Global Market
0.97
USD
-0.01
- -
261.47MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
0.04
4.17
1.78
2.83
2.13
1.28
1.6
1.04
0.76
0.92
0.82
Basic EPS, GAAP
-0.68
-2.4
-2.29
-3.6
-1.69
-1.23
-2.36
-2.78
-1.7
-0.52
-0.28
-0.33
-0.02
-0.11
Free Cash Flow per Basic Share
-0.59
-1.8
-2
1.46
-1.33
-0.85
-2.23
-0.8
-1.52
-0.4
-0.12
-0.19
0.23
0.15
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-6.26
5.11
4.27
1.76
2.57
5.44
3.24
1.67
0.42
0.03
-0.16
-0.22
0.12
0.09
Tangible Book Value per Share
-6.26
5.11
4.27
1.76
2.57
2.16
0.4
0.33
-0.53
-0.68
-0.65
-0.48
-0.1
-0.13
Basic Weighted Avg Shares
19
15
26
38
44
117
118
138
166
183
187
211
257
267
Sales/Revenue/Turnover
- -
- -
- -
2
181
208
335
295
212
292
195
160
236
219
Operating Margin (%)
- -
- -
- -
-8,889.9
-42.31
-85.76
-85.46
-128.23
-124.97
-22.17
-23.67
-31.47
9.95
-6.02
Depreciation Expense
- -
- -
- -
- -
1
2
39
35
38
38
38
38
1
2
Net Income, GAAP
-13
-37
-61
-136
-74
-144
-280
-385
-282
-94
-52
-69
-5
-30
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
53.25
Profit Margin (%)
- -
- -
- -
-8,843.45
-40.65
-69.12
-83.48
-130.61
-133.25
-32.22
-26.68
-43.33
-2.26
-13.54
Working Capital
30
104
129
182
217
203
101
184
10
56
18
33
90
69
LT Debt
- -
- -
- -
- -
- -
- -
103
121
34
63
26
42
48
29
Total Equity
31
104
131
68
123
636
395
248
74
5
-31
-49
33
25
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
216.99
Return on Common Equity (%)
- -
- -
-51.66
-136.35
-77.27
-37.86
-54.27
-119.82
-175.37
-237.83
- -
- -
- -
-109.38

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
15
26
LT Borrowings
48
36
25
LT Finance Leases
- -
- -
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
265
268
272
Market Capitalization
427
372
310

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
253
243
230
Cash, Cash Equivalents & STI
185
163
156
Accounts Receivable, Net
47
63
54
Inventories
16
13
13
Total Current Liabilities
163
174
161
Payables & Accruals
49
36
32
ST Debt
4
15
26
Deferred Revenue
3
4
6

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-57.77%
-190.66%
-166.3%
Free Cash Flow
-41.3%
-36.75%
-247.19%
Net Income, GAAP
10.83%
-39.37%
-92.3%
Sales/Revenue/Turnover
- -
1.26%
47.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33
44
37
46
160
2025
57
62
59
58
236
2026
54
49
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
-0.04
-0.1
-0.1
-0.33
2025
0.03
- -
- -
-0.05
-0.02
2026
-0.03
-0.03
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
John Butler
Full Time Employees
194
Sector
Healthcare
Industry
Biotechnology
Address
245 First Street Cambridge MA United States of America 02142
IPO Date
Mar 20, 2014
Website
akebia.com
Business
Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company focused on developing and commercializing novel therapeutics for people with kidney disease. The company manufactures and markets a portfolio of primarily oral therapies including Auryxia (ferric citrate), indicated for control of serum phosphorus levels in adult patients with dialysis-dependent chronic kidney disease and for treatment of iron deficiency anemia in non-dialysis-dependent CKD patients; and Vafseo (vadadustat), an oral hypoxia-inducible factor prolyl hydroxylase (HIF-PH) inhibitor approved in Japan and launched in the U.S. for treating anemia associated with chronic kidney disease. Akebia’s operations mainly serve the United States and international markets, targeting patients with kidney disease and related complications. Founded in 2007 and headquartered in Cambridge, Massachusetts, the company also advances a pipeline of HIF-PH inhibitors and other kidney disease therapeutics in preclinical and clinical development. Recent significant changes include the U.S. commercial launch of Vafseo with broad contracts covering nearly 100% of U.S. dialysis patients through agreements with major dialysis organizations, positioning the drug as a potential new standard of care for anemia in CKD. The Centers for Medicare & Medicaid Services granted Transitional Drug Add-On Payment Adjustment (TDAPA) reimbursement for Vafseo, supporting market uptake. In 2025, Akebia expanded its rare kidney disease pipeline by acquiring global rights to ADX-097 (renamed AKB-097) from Q32 Bio, marking a strategic expansion beyond anemia therapies. Additionally, the company extended its supply agreement with STA Pharmaceutical through 2032 and completed executive management changes, including the appointment of a new Chief Financial Officer. Akebia continues to focus on label expansion for Vafseo into the non-dialysis CKD population, representing a significant market growth opportunity.

Company News

  • Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Akebia Therapeutics to Conduct Investor Meetings at the 2026 Wells Fargo Healthcare Conference in Boston

  • Akebia Therapeutics, Inc. (AKBA) Q2 2026 Earnings Call Transcript

  • Akebia Therapeutics (AKBA) Reports Q2 Loss, Lags Revenue Estimates

  • Akebia Therapeutics Q2 Earnings Call Highlights

  • Akebia Therapeutics Reports Second Quarter 2026 Financial Results and Business Highlights

  • Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Akebia Therapeutics Announces Initiation of a Phase 2 Basket Trial to Study Ebribafusp, a Next-Generation Complement Inhibitor in Rare Kidney Diseases

  • Akebia Therapeutics to Report Second Quarter 2026 Financial Results and Discuss Recent Business Highlights

  • Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • U.S. Renal Care and Akebia Announce Interim Analysis of VOICE Trial Demonstrated Overwhelming Statistical Evidence of Improved Safety Outcomes for Patients Treated with Vafseo versus an ESA

  • Akebia Therapeutics Strengthens Vafseo® (vadadustat) Patent Portfolio

  • Akebia Therapeutics Sees Vafseo Uptake Rising as Access and Pipeline Milestones Near

  • Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Akebia Therapeutics to Present at the 2026 Jefferies Global Healthcare Conference

  • Akebia Therapeutics, Inc. (AKBA) Q1 2026 Earnings Call Transcript

  • Akebia Therapeutics (AKBA) Reports Q1 Loss, Misses Revenue Estimates

  • Akebia Therapeutics Reports First Quarter 2026 Financial Results and Commercial and Pipeline Highlights

  • Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Akebia Therapeutics Announces Vadadustat Post-hoc Win Statistics Analysis Demonstrating Statistically Significant Reduction in Mortality and Hospitalization Composite Endpoint Published in the Journal of American Society of Nephrology