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6Apr 1, 2026·SEC
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Akebia Therapeutics, Inc. (AKBA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Akebia Therapeutics, Inc. (AKBA) stock price & volume — 10-year historical chart
Akebia Therapeutics, Inc. (AKBA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Akebia Therapeutics, Inc. (AKBA) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.05vs $0.03-66.7% | $58Mvs $46M+25.0% |
| Q4 2025 | Nov 10, 2025 | $0.00vs $0.06+103.3% | $59Mvs $48M+21.5% |
| Q3 2025 | Aug 7, 2025 | $0.00vs $0.02+104.6% | $62Mvs $48M+30.5% |
| Q2 2025 | May 8, 2025 | $0.03vs $0.03+200.0% | $57Mvs $51M+12.9% |
Akebia Therapeutics, Inc. (AKBA) competitors in Commercial Specialty Pharma — business model, growth, and fundamentals comparison
Akebia Therapeutics, Inc. (AKBA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Akebia Therapeutics, Inc. (AKBA) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 177.98M | 207.74M | 335M | 294.64M | 211.65M | 292.48M | 194.62M | 160.18M | 236.2M |
| Revenue Growth % | 11495.05% | 16.72% | 61.26% | -12.05% | -28.17% | 38.19% | -33.46% | -17.7% | 47.46% |
| Cost of Goods Sold | 617K | 7.68M | 145.34M | 63.96M | 81.49M | 22.5M | 74.15M | 63.18M | 39.46M |
| COGS % of Revenue | 0.35% | 3.7% | 43.38% | 21.71% | 38.5% | 7.69% | 38.1% | 39.44% | 16.71% |
| Gross Profit | 177.37M▲ 0% | 200.06M▲ 12.8% | 189.66M▼ 5.2% | 230.68M▲ 21.6% | 130.16M▼ 43.6% | 269.99M▲ 107.4% | 120.47M▼ 55.4% | 97M▼ 19.5% | 196.73M▲ 102.8% |
| Gross Margin % | 99.65% | 96.3% | 56.62% | 78.29% | 61.5% | 92.31% | 61.9% | 60.56% | 83.29% |
| Gross Profit Growth % | 255.24% | 12.79% | -5.19% | 21.63% | -43.58% | 107.43% | -55.38% | -19.48% | 102.81% |
| Operating Expenses | 257.9M | 378.2M | 475.95M | 608.51M | 394.66M | 350.77M | 166.73M | 147.47M | 169.84M |
| OpEx % of Revenue | 144.9% | 182.05% | 142.08% | 206.52% | 186.47% | 119.93% | 85.67% | 92.07% | 71.91% |
| Selling, General & Admin | 27.01M | 87.06M | 149.46M | 154.1M | 174.14M | 138.6M | 100.23M | 106.55M | 107.48M |
| SG&A % of Revenue | 15.17% | 41.91% | 44.61% | 52.3% | 82.28% | 47.39% | 51.5% | 66.52% | 45.5% |
| Research & Development | 230.89M | 291.07M | 322.97M | 218.49M | 147.85M | 165.99M | 63.08M | 37.65M | 62.36M |
| R&D % of Revenue | 129.73% | 140.11% | 96.41% | 74.15% | 69.86% | 56.75% | 32.41% | 23.51% | 26.4% |
| Other Operating Expenses | 204K | 0 | 3.53M | 235.92M | 72.67M | 46.18M | 3.42M | 3.28M | 0 |
| Operating Income | -79.92M▲ 0% | -178.14M▼ 122.9% | -286.29M▼ 60.7% | -377.83M▼ 32.0% | -264.5M▲ 30.0% | -80.78M▲ 69.5% | -46.26M▲ 42.7% | -50.47M▼ 9.1% | 23.5M▲ 146.6% |
| Operating Margin % | -44.9% | -85.75% | -85.46% | -128.23% | -124.97% | -27.62% | -23.77% | -31.51% | 9.95% |
| Operating Income Growth % | 41.44% | -122.91% | -60.71% | -31.97% | 29.99% | 69.46% | 42.74% | -9.11% | 146.56% |
| EBITDA | -79.3M | -175.72M | -249.87M | -343.13M | -226.53M | -43.08M | -8.63M | -12.97M | 23.5M |
| EBITDA Margin % | -44.55% | -84.59% | -74.59% | -116.46% | -107.03% | -14.73% | -4.43% | -8.1% | 9.95% |
| EBITDA Growth % | 41.76% | -121.59% | -42.2% | -37.32% | 33.98% | 80.98% | 79.97% | -50.28% | 281.21% |
| D&A (Non-Cash Add-back) | 617K | 2.42M | 36.42M | 34.69M | 37.97M | 37.7M | 37.63M | 37.5M | 0 |
| EBIT | -76.67M | -178.16M | -286.29M | -174.52M | -227.88M | -34.64M | -45.89M | -51.23M | 0 |
| Net Interest Income | 2.8M | 6.15M | 792K | -8.87M | -19.94M | -15.69M | -6.03M | -18.18M | 0 |
| Interest Income | 2.8M | 6.15M | 2.19M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 1.4M | 8.87M | 19.94M | 15.69M | 6.03M | 18.18M | 0 |
| Other Income/Expense | 3M | 6.24M | -2K | -7.01M | -17.52M | -13.45M | -5.67M | -18.94M | 0 |
| Pretax Income | -76.91M▲ 0% | -171.9M▼ 123.5% | -286.29M▼ 66.5% | -384.84M▼ 34.4% | -282.02M▲ 26.7% | -94.23M▲ 66.6% | -51.92M▲ 44.9% | -69.41M▼ 33.7% | -3.72M▲ 94.6% |
| Pretax Margin % | -43.21% | -82.75% | -85.46% | -130.61% | -133.25% | -32.22% | -26.68% | -43.33% | -1.58% |
| Income Tax | -2.8M | -28.34M | -6.63M | 0 | 0 | 0 | 0 | 0 | -1.62M |
| Effective Tax Rate % | 3.64% | 16.48% | 2.32% | 0% | 0% | 0% | 0% | 0% | 43.64% |
| Net Income | -76.91M▲ 0% | -171.9M▼ 123.5% | -279.66M▼ 62.7% | -384.84M▼ 37.6% | -282.02M▲ 26.7% | -94.23M▲ 66.6% | -51.92M▲ 44.9% | -69.41M▼ 33.7% | -5.34M▲ 92.3% |
| Net Margin % | -43.21% | -82.75% | -83.48% | -130.61% | -133.25% | -32.22% | -26.68% | -43.33% | -2.26% |
| Net Income Growth % | 43.34% | -123.5% | -62.68% | -37.61% | 26.72% | 66.59% | 44.89% | -33.67% | 92.3% |
| Net Income (Continuing) | -73.67M | -143.59M | -279.66M | -384.84M | -282.02M | -94.23M | -51.92M | -69.41M | -5.34M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.77▲ 0% | -1.47▲ 16.9% | -2.36▼ 60.5% | -2.53▼ 7.2% | -1.48▲ 41.5% | -0.58▲ 60.8% | -0.28▲ 51.7% | -0.33▼ 17.9% | -0.02▲ 93.9% |
| EPS Growth % | 50.83% | 16.95% | -60.54% | -7.2% | 41.5% | 60.81% | 51.72% | -17.86% | 93.94% |
| EPS (Basic) | -1.77 | -1.47 | -2.36 | -2.53 | -1.48 | -0.58 | -0.28 | -0.33 | -0.02 |
| Diluted Shares Outstanding | 43.5M | 116.89M | 118.4M | 138.46M | 165.95M | 182.78M | 187.47M | 210.95M | 257.16M |
| Basic Shares Outstanding | 43.5M | 116.89M | 118.4M | 138.46M | 165.95M | 182.78M | 187.47M | 210.95M | 257.16M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Akebia Therapeutics, Inc. (AKBA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 358.36M | 468.27M | 309.53M | 371.44M | 271.15M | 185.18M | 118.15M | 113.83M | 184.84M |
| Cash & Short-Term Investments | 317.79M | 321.64M | 147.96M | 269.08M | 149.8M | 90.47M | 42.92M | 51.87M | 184.84M |
| Cash Only | 70.16M | 104.64M | 147.71M | 229.09M | 149.8M | 90.47M | 42.92M | 51.87M | 184.84M |
| Short-Term Investments | 247.64M | 217M | 245K | 39.99M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 34.22M | 16.67M | 38.86M | 28.57M | 51.58M | 40.28M | 39.29M | 34.37M | 47.03M |
| Days Sales Outstanding | 70.17 | 29.28 | 42.34 | 35.4 | 88.95 | 50.27 | 73.69 | 78.31 | 72.68 |
| Inventory | 0 | 114.25M | 116.35M | 61.02M | 36.63M | 21.57M | 15.69M | 16.24M | 15.61M |
| Days Inventory Outstanding | - | 5.43K | 292.2 | 348.19 | 164.05 | 349.94 | 77.24 | 93.84 | 144.38 |
| Other Current Assets | 6.35M | 15.72M | 6.36M | 12.76M | 0 | 32.86M | 20.24M | 7.32M | -62.64M |
| Total Non-Current Assets | 5.89M | 528.26M | 461.67M | 272.7M | 258.2M | 170.87M | 123.55M | 106.84M | 191.72M |
| Property, Plant & Equipment | 3.62M | 8.02M | 39.42M | 35.5M | 40.61M | 34.37M | 16.05M | 10.42M | 0 |
| Fixed Asset Turnover | 49.21x | 25.89x | 8.50x | 8.30x | 5.21x | 8.51x | 12.13x | 15.38x | - |
| Goodwill | 0 | 55.05M | 55.05M | 55.05M | 59.04M | 59.04M | 59.04M | 59.04M | 59.04M |
| Intangible Assets | 0 | 328.15M | 291.21M | 144.17M | 108.13M | 72.08M | 36.04M | 0 | 0 |
| Long-Term Investments | 1.28M | 2.46M | 2.09M | 2.04M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.27M | 21.8M | 73.89M | 35.94M | 50.42M | 5.37M | 12.42M | 37.38M | 132.68M |
| Total Assets | 364.25M▲ 0% | 996.54M▲ 173.6% | 771.2M▼ 22.6% | 644.14M▼ 16.5% | 529.35M▼ 17.8% | 356.05M▼ 32.7% | 241.7M▼ 32.1% | 220.67M▼ 8.7% | 376.56M▲ 70.6% |
| Asset Turnover | 0.49x | 0.21x | 0.43x | 0.46x | 0.40x | 0.82x | 0.81x | 0.73x | 0.63x |
| Asset Growth % | 21.33% | 173.59% | -22.61% | -16.48% | -17.82% | -32.74% | -32.12% | -8.7% | 70.65% |
| Total Current Liabilities | 144.35M | 265.69M | 208.12M | 187.15M | 261.05M | 129.54M | 99.87M | 80.91M | 162.94M |
| Accounts Payable | 7M | 42.8M | 39.22M | 41.31M | 33.59M | 18.02M | 14.63M | 15.18M | 0 |
| Days Payables Outstanding | 4.14K | 2.03K | 98.49 | 235.72 | 150.44 | 292.39 | 72.04 | 87.7 | - |
| Short-Term Debt | 0 | 15M | 4.99M | 5.29M | 97.54M | 32M | 19.55M | 4.31M | 0 |
| Deferred Revenue (Current) | 84.91M | 56.98M | 70.38M | 53.26M | 20.91M | 3.74M | 0 | 0 | 0 |
| Other Current Liabilities | 46.47M | 26.82M | 80.93M | 72.89M | 31.18M | 52.53M | 18.26M | 22.75M | 162.94M |
| Current Ratio | 2.48x | 1.76x | 1.49x | 1.98x | 1.04x | 1.43x | 1.18x | 1.41x | 1.13x |
| Quick Ratio | 2.48x | 1.33x | 0.93x | 1.66x | 0.90x | 1.26x | 1.03x | 1.21x | 1.04x |
| Cash Conversion Cycle | - | 3.42K | 236.06 | 147.87 | 102.57 | 107.82 | 78.88 | 84.46 | - |
| Total Non-Current Liabilities | 100.57M | 94.92M | 168.33M | 209.38M | 194.29M | 221.29M | 172.42M | 188.94M | 181.02M |
| Long-Term Debt | 0 | 0 | 75.81M | 96.38M | 0 | 34.08M | 71.2M | 175.47M | 0 |
| Capital Lease Obligations | 0 | 0 | 27.53M | 24.62M | 33.7M | 28.96M | 8.95M | 3.55M | 0 |
| Deferred Tax Liabilities | 181K | 6.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.61M | 32.58M | 31.87M | 63.03M | 139.11M | 114.95M | 48.98M | 9.93M | 181.02M |
| Total Liabilities | 244.92M | 360.61M | 376.44M | 396.52M | 455.34M | 350.82M | 272.29M | 269.86M | 343.95M |
| Total Debt | 0 | 15M | 108.32M | 126.28M | 136.05M | 99.78M | 104.18M | 188.73M | 0 |
| Net Debt | -70.16M | -89.64M | -39.39M | -102.81M | -13.75M | 9.32M | 61.26M | 136.86M | -184.84M |
| Debt / Equity | - | 0.02x | 0.27x | 0.51x | 1.84x | 19.08x | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | -7.87x |
| Interest Coverage | - | - | -204.49x | -42.59x | -13.27x | -5.15x | -7.67x | -2.78x | - |
| Total Equity | 119.33M▲ 0% | 635.93M▲ 432.9% | 394.76M▼ 37.9% | 247.62M▼ 37.3% | 74.01M▼ 70.1% | 5.23M▼ 92.9% | -30.58M▼ 684.8% | -49.19M▼ 60.8% | 32.61M▲ 166.3% |
| Equity Growth % | 75.18% | 432.91% | -37.92% | -37.27% | -70.11% | -92.93% | -684.78% | -60.82% | 166.3% |
| Book Value per Share | 2.74 | 5.44 | 3.33 | 1.79 | 0.45 | 0.03 | -0.16 | -0.23 | 0.13 |
| Total Shareholders' Equity | 119.33M | 635.93M | 394.76M | 247.62M | 74.01M | 5.23M | -30.58M | -49.19M | 32.61M |
| Common Stock | 0 | 1K | 1K | 1K | 1K | 2K | 2K | 2K | 2K |
| Retained Earnings | -374.05M | -514.39M | -794.05M | -1.18B | -1.46B | -1.56B | -1.61B | -1.68B | -1.68B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -442K | -261K | 0 | 13K | 6K | 6K | 6K | 6K | 6K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Akebia Therapeutics, Inc. (AKBA) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -56.16M | -97.49M | -257.44M | -110.39M | -252.97M | -73.15M | -23.38M | -40.66M | 67.99M |
| Operating CF Margin % | -31.55% | -46.93% | -76.85% | -37.46% | -119.52% | -25.01% | -12.02% | -25.38% | 28.79% |
| Operating CF Growth % | -196.98% | -73.6% | -164.06% | 57.12% | -129.16% | 71.08% | 68.03% | -73.88% | 267.23% |
| Net Income | -76.91M | -143.59M | -279.66M | -383.46M | -282.02M | -92.56M | -51.92M | -69.41M | -5.34M |
| Depreciation & Amortization | 617K | 2.42M | 38.65M | 33.59M | 36.13M | 37.7M | 41.85M | 37.5M | 1.27M |
| Stock-Based Compensation | 8.87M | 19.04M | 11.93M | 24.46M | 0 | 17.85M | 9.32M | 7.78M | 11.28M |
| Deferred Taxes | 0 | -28.34M | -6.63M | 204.08M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 4.02M | 16.95M | 77.35M | 24.61M | 98.54M | -34.7M | -1.9M | 23.15M | 60.78M |
| Working Capital Changes | 7.25M | 36.02M | -99.07M | -13.67M | -105.61M | -1.44M | -20.73M | -39.68M | 0 |
| Change in Receivables | -393K | 33.38M | -22.2M | 12.01M | -24.03M | 11.7M | 994K | 4.05M | -14.14M |
| Change in Inventory | 16.79M | 26K | -29.14M | 6.16M | -24.95M | 19.79M | -2.54M | -28.4M | 2.5M |
| Change in Payables | 4.96M | 13.72M | 1.37M | 3.68M | -11.73M | 1.5M | -5.24M | -1.36M | 3.08M |
| Cash from Investing | -177.26M | 36.59M | 211.18M | -40M | 39.94M | -114K | 0 | -33K | -7.93M |
| Capital Expenditures | -1.62M | -1.61M | -6.66M | -317K | -59K | -114K | 0 | -33K | 0 |
| CapEx % of Revenue | 0.91% | 0.77% | 1.99% | 0.11% | 0.03% | 0.04% | - | 0.02% | - |
| Acquisitions | 1.62M | 6.15M | 0 | 39.69M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.62M | 32.05M | 0 | -39.69M | 0 | 0 | 0 | 0 | -7.93M |
| Cash from Financing | 116.24M | 96.56M | 88.97M | 231.72M | 133.73M | 14.6M | -25.21M | 49.66M | 72.93M |
| Debt Issued (Net) | -5K | -19K | 62.67M | 19.98M | 44.78M | -33M | -32M | 7.9M | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -426K | 0 | 0 | 0 | 0 | -1.27M | 0 |
| Other Financing | 1.31M | 647K | 560K | 1.23M | 0 | 40.07M | 1K | 385K | 72.93M |
| Net Change in Cash | -117.18M▲ 0% | 35.66M▲ 130.4% | 42.7M▲ 19.7% | 81.33M▲ 90.4% | -79.29M▼ 197.5% | -58.67M▲ 26.0% | -48.59M▲ 17.2% | 8.97M▲ 118.5% | 132.99M▲ 1382.5% |
| Free Cash Flow | -57.78M▲ 0% | -99.1M▼ 71.5% | -264.1M▼ 166.5% | -110.7M▲ 58.1% | -253.02M▼ 128.6% | -73.27M▲ 71.0% | -23.38M▲ 68.1% | -40.69M▼ 74.0% | 67.99M▲ 267.1% |
| FCF Margin % | -32.46% | -47.7% | -78.83% | -37.57% | -119.55% | -25.05% | -12.02% | -25.4% | 28.79% |
| FCF Growth % | -204.59% | -71.51% | -166.49% | 58.08% | -128.56% | 71.04% | 68.08% | -74.02% | 267.09% |
| FCF per Share | -1.33 | -0.85 | -2.23 | -0.80 | -1.52 | -0.40 | -0.12 | -0.19 | 0.26 |
| FCF Conversion (FCF/Net Income) | 0.73x | 0.57x | 0.92x | 0.29x | 0.90x | 0.78x | 0.45x | 0.59x | -12.72x |
| Interest Paid | 0 | 0 | 781K | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Akebia Therapeutics, Inc. (AKBA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -136.35% | -82.06% | -45.52% | -54.27% | -119.82% | -175.37% | -237.83% | - | - | -16.39% |
| Return on Invested Capital (ROIC) | - | -121.89% | -44.87% | -47.63% | -113.31% | -193.48% | -161.98% | -153.44% | -63.97% | - |
| Gross Margin | -7443% | 99.65% | 96.3% | 56.62% | 78.29% | 61.5% | 92.31% | 61.9% | 60.56% | 83.29% |
| Net Margin | -8843.45% | -43.21% | -82.75% | -83.48% | -130.61% | -133.25% | -32.22% | -26.68% | -43.33% | -2.26% |
| Debt / Equity | - | - | 0.02x | 0.27x | 0.51x | 1.84x | 19.08x | - | - | - |
| Interest Coverage | - | - | - | -204.49x | -42.59x | -13.27x | -5.15x | -7.67x | -2.78x | - |
| FCF Conversion | -0.43x | 0.73x | 0.57x | 0.92x | 0.29x | 0.90x | 0.78x | 0.45x | 0.59x | -12.72x |
| Revenue Growth | - | 11495.05% | 16.72% | 61.26% | -12.05% | -28.17% | 38.19% | -33.46% | -17.7% | 47.46% |
Akebia Therapeutics, Inc. (AKBA) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 1, 2026·SEC
Feb 26, 2026·SEC
Jan 30, 2026·SEC
Akebia Therapeutics, Inc. (AKBA) stock FAQ — growth, dividends, profitability & financials explained
Akebia Therapeutics, Inc. (AKBA) reported $236.2M in revenue for fiscal year 2025.
Akebia Therapeutics, Inc. (AKBA) grew revenue by 47.5% over the past year. This is strong growth.
Akebia Therapeutics, Inc. (AKBA) reported a net loss of $5.3M for fiscal year 2025.
Akebia Therapeutics, Inc. (AKBA) has a return on equity (ROE) of -16.4%. Negative ROE indicates the company is unprofitable.
Akebia Therapeutics, Inc. (AKBA) generated $67.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Akebia Therapeutics, Inc. (AKBA) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates