Saturday 17 October 2026
Export VRDN’s income statement to Excel — free account
Viridian Therapeutics, Inc.
VRDN Healthcare Biotechnology
Viridian Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $70.8 million, up 23,359.9% from fiscal 2024. In the quarter to June 2026, revenue grew 278.7%, EPS fell 5.00%, free cash flow fell 41.4% and total debt rose 1,064.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
19.03
0.53
−2.71%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 27.00 | 71.40 | 33.00 | 6.60 | 4.67 | 10.44 | 9.47 | 10.93 | 11.40 | 9.90 |
Analyst estimates 2026–2028 Powerpack |
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| High | 226.65 | 270.00 | 155.70 | 74.40 | 34.05 | 25.67 | 29.99 | 39.00 | 27.20 | 34.04 | |||||
| People | |||||||||||||||
| People | Employees | 45 | 65 | 80 | 46 | 27 | 50 | 86 | 94 | 143 | 252 | ||||
| Revenue/emp, $m | 0.08 | 0.06 | 0.10 | 0.10 | 0.04 | 0.06 | 0.02 | 0.00 | 0.00 | 0.28 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 3 | 4 | 8 | 4 | 1 | 3 | 2 | 0 | 0 | 71 | ||||
| Gross margin, % | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||||
| EBT | (17) | (27) | (33) | (42) | (111) | (79) | (130) | (238) | (270) | (343) | |||||
| EBT margin, % | (496.81) | (662.30) | (389.97) | (938.65) | (10,544.29) | (2,680.16) | (7,329.23) | (75,711.46) | (89,387.09) | (483.57) | |||||
| Net income | (17) | (27) | (33) | (42) | (111) | (79) | (130) | (238) | (270) | (343) | |||||
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 0 | (11) | (15) | (6) | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 84.80 | 3.12 | 4.25 | 2.14 | 0.30 | 0.25 | 0.06 | 0.01 | 0.00 | 0.84 | ||||
| Earnings | (421.79) | (20.69) | (16.49) | (20.09) | (31.13) | (6.68) | (4.05) | (5.31) | (3.07) | (3.32) | |||||
| Cash flow | (359.88) | (21.94) | (13.60) | (17.26) | (8.37) | (4.58) | (2.92) | (4.12) | (3.42) | (3.26) | |||||
| Capex | (6.10) | (0.19) | (0.23) | (0.04) | (0.01) | (0.02) | (0.02) | (0.02) | (0.01) | (0.01) | |||||
| Free cash flow | (365.98) | (22.14) | (13.82) | (17.30) | (8.38) | (4.60) | (2.95) | (4.14) | (3.43) | (3.26) | |||||
| Book value | 367.20 | 30.00 | 26.01 | 7.54 | 33.75 | 15.75 | 12.31 | 9.88 | 9.89 | 8.52 | |||||
| Shares, m | 0 | 1 | 2 | 2 | 4 | 12 | 32 | 45 | 68 | 85 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 0.91 | 49.59 | 10.70 | 3.37 | 30.32 | 79.53 | 516.07 | 3,185.59 | 4,309.19 | 37.25 | |||||
| P/B | 0.00 | 5.15 | 1.75 | 0.95 | 0.00 | 4.37 | 3.62 | 4.25 | 2.70 | 4.47 | |||||
| EV/Sales | (4.62) | 40.71 | 4.44 | (0.78) | (35.56) | 13.40 | 279.45 | 1,732.26 | 2,003.95 | 25.73 | |||||
| EV/FCF | 1.07 | (5.74) | (1.36) | 0.10 | 2.30 | (0.72) | (5.23) | (2.94) | (2.60) | (6.58) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (15) | (28) | (27) | (36) | (30) | (55) | (94) | (184) | (232) | (276) | ||||
| Capex | 0 | 0 | 0 | 0 | 0 | 0 | (1) | (1) | (1) | 0 | |||||
| Free cash flow | (15) | (28) | (27) | (36) | (30) | (55) | (95) | (185) | (233) | (277) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 17 | 48 | 59 | 20 | 119 | 187 | 398 | 460 | 691 | 824 | ||||
| Total debt | 3 | 10 | 8 | 4 | 0 | 1 | 5 | 20 | 21 | 50 | |||||
| Net debt | (19) | (38) | (54) | (23) | (128) | (196) | (420) | (457) | (697) | (825) | |||||
| Shareholders’ equity | 15 | 39 | 51 | 16 | 120 | 188 | 395 | 442 | 672 | 722 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (91.99) | (68.66) | (55.14) | (86.87) | (137.09) | (47.42) | (40.66) | (51.37) | (43.79) | (41.73) | ||||
| ROIC | 0.00 | (1,673.31) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | 67.26 | 226.53 | (72.79) | (124.81) | 491.96 | 2,308.18 | (84.66) | (97.35) | (75.17) | (63.87) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Viridian Therapeutics, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SLS SELLAS Life Sciences Group, Inc. | $2.3B | — (loss-making) | — (loss-making) | −57.10% (below 0%: shrinking) | n/m | −3.52% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| CLDX Celldex Therapeutics, Inc. | $2.3B | — (loss-making) | — (loss-making) | −96.83% (below 0%: shrinking) | n/m | −35.45% (below 0%: shrinking) | 100.00% | (366,468.18%) | Compare |
| AUPH Aurinia Pharmaceuticals Inc | $2.2B | 6.9× | 16.5× | +18.87% (above 0%: growing) | +81.25% (above 0%: growing) | +19.08% (above 0%: growing) | 92.12% | 48.19% | Compare |
| HRMY Harmony Biosciences Holdings, Inc. | $2.2B | 12.2× | 9.4× | +30.32% (above 0%: growing) | +88.41% (above 0%: growing) | +16.53% (above 0%: growing) | 75.81% | 34.18% | Compare |
| RXRX Recursion Pharmaceuticals, Inc. | $2.2B | — (loss-making) | — (loss-making) | −60.10% (below 0%: shrinking) | n/m | −32.03% (below 0%: shrinking) | (49.82%) | (1,759.69%) | Compare |
| VRDN Viridian Therapeutics, Inc. | $2.2B | — (loss-making) | — (loss-making) | +278.67% (above 0%: growing) | n/m | −41.39% (below 0%: shrinking) | 100.00% | (44,460.56%) | |
| IRON Disc Medicine, Inc. | $2.2B | — (loss-making) | — | — | n/m | +7.83% (above 0%: growing) | 0.00% | 0.00% | Compare |
| FTRE Fortrea Holdings Inc. | $2.2B | — (loss-making) | — (loss-making) | −4.52% (below 0%: shrinking) | n/m | +53.15% (above 0%: growing) | 20.52% | 2.18% | Compare |
| NVAX Novavax, Inc. | $2.1B | — (loss-making) | — (loss-making) | −76.30% (below 0%: shrinking) | n/m | +42.95% (above 0%: growing) | 74.87% | (96.84%) | Compare |
| Median of peers | $2.2B | — | — | −57.10% | — | +12.18% | 47.70% | 0.00% |
Viridian Therapeutics, Inc. (VRDN) key facts
- Strength: Viridian Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $70.8 million, up 23,359.9% from fiscal 2024.
- Viridian Therapeutics, Inc. (VRDN) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, VRDN traded at $19.03, a market capitalization of $2.2 billion.
- Return on equity was −63.9% and debt-to-equity 0.37.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 6.69 (safe zone) for fiscal 2025.