Viking Therapeutics, Inc. balance sheet
At the end of fiscal 2025, Viking Therapeutics, Inc. had total assets of $716m, total liabilities of $76.7m and shareholders' equity of $639m. It held $166m in cash against $0 of debt: net cash of $166m.
Balance sheet
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1 | 1 | 3 | 9 | 25 | 8 | 29 | 26 | 37 | 56 | 27 | 166 | 678 |
| Total current assets | 1 | 15 | 14 | 22 | 302 | 284 | 256 | 211 | 167 | 367 | 907 | 716 | 973 |
| Total assets | 3 | 15 | 15 | 22 | 302 | 284 | 257 | 211 | 169 | 368 | 908 | 716 | 977 |
| Accounts payable | 2 | 1 | 1 | 2 | 1 | 2 | 4 | 1 | 9 | 8 | 10 | 53 | 82 |
| Total current liabilities | 23 | 2 | 6 | 9 | 5 | 7 | 12 | 9 | 22 | 19 | 27 | 77 | 134 |
| Long-term debt | 1 | 2 | — | — | — | — | — | — | — | — | — | 0 | 251 |
| Total debt | 2 | 2 | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 251 |
| Total liabilities | 25 | 7 | 6 | 9 | 5 | 7 | 12 | 9 | 23 | 20 | 28 | 77 | 389 |
| Shareholders' equity | −22 | 9 | 8 | 13 | 298 | 277 | 244 | 202 | 145 | 348 | 880 | 639 | 589 |
| Net debt (negative = net cash) | 1 | 1 | −3 | −9 | −25 | −8 | −29 | −26 | −37 | −56 | −27 | −166 | −427 |
| Shares outstanding | — | — | — | — | 72m | 72m | 73m | 78m | 78m | 100m | 112m | 115m | 128m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 907 | 866 | 827 | 739 | 716 | 608 | 518 | 973 |
| Total assets | 908 | 867 | 828 | 739 | 716 | 608 | 522 | 977 |
| Accounts payable | 10 | 8 | 5 | 4 | 53 | 67 | 69 | 82 |
| Total current liabilities | 27 | 20 | 32 | 26 | 77 | 106 | 110 | 134 |
| Long-term debt | — | — | — | — | 0 | — | — | 251 |
| Total debt | — | — | — | — | 0 | — | — | 251 |
| Total liabilities | 28 | 20 | 32 | 26 | 77 | 106 | 114 | 389 |
| Shareholders' equity | 880 | 847 | 795 | 713 | 639 | 502 | 408 | 589 |
| Shares outstanding | 112m | 112m | 112m | 112m | 115m | 116m | 117m | 128m |
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