earnings
confidence high
sentiment positive
materiality 0.75
Akebia Q4 net product revenue $54.3M, full-year 2025 up 49% YoY; Vafseo launch gains traction
Akebia Therapeutics, Inc.
2025-FY EPS reported
-$0.02
revenue$236,196,000
- Q4 total revenue $57.6M (FY2025 $236.2M); net loss narrowed to $12.2M Q4 and $5.3M full year.
- Vafseo net product revenue $6.2M Q4, $45.8M full year 2025; 800 prescribers, 91% adherence with observed dosing.
- Auryxia net rev $181.5M FY2025; generic competition expected to reduce 2026 Auryxia revenue.
- Cash $184.8M vs $51.9M year-end 2024; sufficient for at least two years.
- Pipeline: praliciguat Phase 2 FSGS started; AKB-097 basket study in 2H 2026; AKB-9090 Phase 1 in 1H 2026.