Viridian Therapeutics, Inc.\de income statement
In fiscal 2025, Viridian Therapeutics, Inc.\de reported revenue of $70.8m, up 23359.9% on the year before, operating income of −$363m (a -512.9% margin) and net income of −$343m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 6 | 6 | 3 | 4 | 8 | 4 | 1 | 3 | 2 | 0 | 0 | 71 | 71 |
| Cost of revenue | 3 | 3 | 2 | 3 | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 3 | 3 | 3 | 1 | — | — | — | — | — | — | — | — | — | — |
| Research and development | 0 | 0 | 1 | 14 | 20 | 30 | 35 | 28 | 57 | 101 | 160 | 238 | 339 | 325 |
| Selling, general and administrative | — | — | — | — | — | — | — | — | — | — | 95 | 61 | 95 | — |
| Selling and marketing | 0 | 1 | 3 | 2 | — | — | — | — | — | — | — | — | — | — |
| General and administrative | 1 | 7 | 8 | 7 | 11 | 11 | 12 | 13 | 26 | 35 | — | — | — | — |
| Operating income | −0 | −7 | −11 | −17 | −27 | −33 | −42 | −110 | −80 | −134 | −254 | −299 | −363 | −405 |
| Interest expense | 2 | 1 | 0 | 0 | — | — | — | — | — | 1 | 1 | 2 | 5 | 16 |
| Income tax | — | 0 | 0 | — | — | — | — | — | — | — | — | — | 0 | — |
| Net income | −2 | −8 | −11 | −17 | −27 | −33 | −42 | −111 | −79 | −130 | −238 | −270 | −343 | −387 |
| Diluted EPS | −$2751.75 | −$787.50 | −$315.30 | −$423.15 | −$20.70 | −$16.50 | −$20.04 | −$31.13 | −$6.66 | −$4.05 | −$5.31 | — | — | — |
| Diluted shares (average) | — | — | — | — | 1m | 2m | 2m | 4m | 12m | 32m | 45m | — | — | — |
| EBITDA | −0 | −7 | −11 | −17 | −26 | −33 | −42 | −110 | −80 | −134 | −254 | −298 | −363 | −405 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 71 | 0 | 0 | 0 |
| Research and development | 69 | 72 | 77 | 87 | 86 | 89 | 78 | 72 |
| Selling, general and administrative | — | — | 17 | 20 | — | — | 39 | 55 |
| General and administrative | 14 | 16 | — | — | 24 | — | — | — |
| Operating income | −83 | −87 | −94 | −107 | −40 | −123 | −116 | −126 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 8 |
| Net income | −77 | −80 | −87 | −101 | −35 | −120 | −105 | −127 |
| Diluted EPS | −$1.15 | — | — | — | — | — | — | — |
| EBITDA | −83 | −87 | −94 | −107 | −40 | −123 | −116 | −126 |
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