8-K Announcements
6Mar 9, 2026·SEC
Mar 4, 2026·SEC
Mar 4, 2026·SEC
Keros Therapeutics, Inc. (KROS) 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.
Keros Therapeutics, Inc. (KROS) stock price & volume — 10-year historical chart
Keros Therapeutics, Inc. (KROS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Keros Therapeutics, Inc. (KROS) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 4, 2026 | $0.86vs $0.49-75.5% | $385,000vs $4M-89.5% |
| Q4 2025 | Nov 5, 2025 | $0.18vs $1.11+83.8% | $14Mvs $4M+289.4% |
| Q3 2025 | Aug 6, 2025 | $0.76vs $1.14+33.3% | $18Mvs $3M+465.9% |
| Q2 2025 | May 6, 2025 | $3.62vs $0.01+36300.0% | $211Mvs $57M+272.9% |
Keros Therapeutics, Inc. (KROS) competitors in Commercial Rare Disease Biopharma — business model, growth, and fundamentals comparison
Keros Therapeutics, Inc. (KROS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Keros Therapeutics, Inc. (KROS) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 10M | 10M | 0 | 20.1M | 0 | 151K | 3.55M | 244.06M |
| Revenue Growth % | - | 0% | -100% | - | -100% | - | 2250.99% | 6774.96% |
| Cost of Goods Sold | 10.11M | 17.35M | 605K | 0 | 0 | 0 | 0 | 1.51M |
| COGS % of Revenue | 101.11% | 173.48% | - | - | - | - | - | 0.62% |
| Gross Profit | -111K▲ 0% | -7.35M▼ 6519.8% | -605K▲ 91.8% | 20.1M▲ 3422.3% | 0▼ 100.0% | 151K▲ 0% | 3.55M▲ 2251.0% | 242.55M▲ 6732.5% |
| Gross Margin % | -1.11% | -73.48% | - | 100% | - | 100% | 100% | 99.38% |
| Gross Profit Growth % | - | -6519.82% | 91.77% | 3422.31% | -100% | - | 2250.99% | 6732.45% |
| Operating Expenses | 11.32M | 20M | 46.05M | 76.47M | 114.79M | 170.09M | 214.38M | 171.93M |
| OpEx % of Revenue | 113.21% | 200.05% | - | 380.46% | - | 112643.71% | 6038.96% | 70.45% |
| Selling, General & Admin | 1.58M | 3.18M | 12.19M | 21.33M | 27.52M | 34.83M | 40.75M | 46.85M |
| SG&A % of Revenue | 15.8% | 31.84% | - | 106.12% | - | 23068.87% | 1148% | 19.2% |
| Research & Development | 10.11M | 17.38M | 33.86M | 55.14M | 87.27M | 135.26M | 173.63M | 129.64M |
| R&D % of Revenue | 101.11% | 173.79% | - | 274.34% | - | 89574.83% | 4890.96% | 53.12% |
| Other Operating Expenses | 237K | -558K | 0 | 0 | 0 | 0 | 0 | -4.56M |
| Operating Income | -1.69M▲ 0% | -10.56M▼ 524.7% | -46.66M▼ 341.7% | -56.37M▼ 20.8% | -114.79M▼ 103.6% | -169.94M▼ 48.0% | -210.83M▼ 24.1% | 70.62M▲ 133.5% |
| Operating Margin % | -16.91% | -105.63% | - | -280.46% | - | -112543.71% | -5938.96% | 28.94% |
| Operating Income Growth % | - | -524.66% | -341.7% | -20.82% | -103.63% | -48.05% | -24.06% | 133.5% |
| EBITDA | -1.39M | -10.13M | -46.05M | -55.99M | -114.12M | -169.13M | -209.6M | 72.13M |
| EBITDA Margin % | -13.87% | -101.25% | - | -278.58% | - | -112003.97% | -5904.34% | 29.55% |
| EBITDA Growth % | - | -629.99% | -354.83% | -21.59% | -103.8% | -48.21% | -23.93% | 134.41% |
| D&A (Non-Cash Add-back) | 304K | 438K | 605K | 378K | 674K | 815K | 1.23M | 1.51M |
| EBIT | -1.32M | -12.33M | -45.53M | -56.73M | -104.68M | -152.99M | -187.05M | 70.62M |
| Net Interest Income | 6K | -8K | 0 | -4K | 0 | 0 | 0 | 0 |
| Interest Income | 6K | 0 | 6K | 0 | 1K | 0 | 0 | 0 |
| Interest Expense | 0 | 8K | 6K | 4K | 1K | 0 | 0 | 0 |
| Other Income/Expense | 613K | -1.77M | 1.12M | -360K | 10.11M | 16.95M | 23.78M | 21.27M |
| Pretax Income | -1.08M▲ 0% | -12.34M▼ 1044.3% | -45.53M▼ 269.1% | -56.73M▼ 24.6% | -104.68M▼ 84.5% | -152.99M▼ 46.2% | -187.05M▼ 22.3% | 91.9M▲ 149.1% |
| Pretax Margin % | -10.78% | -123.36% | - | -282.25% | - | -101319.21% | -5269.1% | 37.65% |
| Income Tax | 257K | 0 | -172K | 2.01M | 0 | 0 | 300K | 4.88M |
| Effective Tax Rate % | -23.84% | 0% | 0.38% | -3.54% | 0% | 0% | -0.16% | 5.31% |
| Net Income | -1.33M▲ 0% | -12.34M▼ 824.6% | -45.36M▼ 267.5% | -58.74M▼ 29.5% | -104.68M▼ 78.2% | -152.99M▼ 46.2% | -187.35M▼ 22.5% | 87.01M▲ 146.4% |
| Net Margin % | -13.35% | -123.44% | - | -292.26% | - | -101319.21% | -5277.55% | 35.65% |
| Net Income Growth % | - | -824.64% | -267.47% | -29.5% | -78.2% | -46.15% | -22.46% | 146.44% |
| Net Income (Continuing) | -1.33M | -12.34M | -45.36M | -58.74M | -104.68M | -152.99M | -187.35M | 87.01M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.15▲ 0% | -1.39▼ 826.7% | -2.93▼ 110.8% | -2.52▲ 14.0% | -4.15▼ 64.7% | -5.20▼ 25.3% | -5.00▲ 3.8% | 2.30▲ 146.0% |
| EPS Growth % | - | -826.67% | -110.79% | 13.99% | -64.68% | -25.3% | 3.85% | 146% |
| EPS (Basic) | -0.15 | -1.39 | -2.93 | -2.52 | -4.15 | -5.20 | -5.00 | 2.34 |
| Diluted Shares Outstanding | 8.88M | 8.88M | 15.51M | 23.33M | 25.24M | 29.45M | 37.44M | 37.86M |
| Basic Shares Outstanding | 8.88M | 8.88M | 15.51M | 23.33M | 25.24M | 29.45M | 37.44M | 37.22M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Keros Therapeutics, Inc. (KROS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 25.53M | 8.93M | 267.73M | 251.44M | 285.77M | 347.29M | 588.89M | 315.43M |
| Cash & Short-Term Investments | 23.26M | 7.02M | 265.88M | 230.04M | 279.05M | 331.15M | 559.93M | 287.42M |
| Cash Only | 23.26M | 7.02M | 265.88M | 230.04M | 279.05M | 331.15M | 559.93M | 287.42M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 922K | 216K | 18.2M | 841K | 1.09M | 4.46M | 6.37M |
| Days Sales Outstanding | - | 33.65 | - | 330.44 | - | 2.64K | 458.15 | 9.53 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 84K | 819K | 160K | 210K | 276K | 1M | 1.48M | 21.65M |
| Total Non-Current Assets | 1.88M | 2.03M | 1.72M | 3.81M | 21.01M | 22.73M | 26.99M | 22.59M |
| Property, Plant & Equipment | 1.38M | 1.91M | 1.6M | 2.4M | 17.57M | 19.47M | 23.49M | 21.14M |
| Fixed Asset Turnover | 7.25x | 5.23x | - | 8.37x | - | 0.01x | 0.15x | 11.55x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 501K | 0 | 0 | 0 | 0 | 1.21M | 1.45M | 1.45M |
| Other Non-Current Assets | 0 | 115K | 115K | 1.41M | 3.44M | 2.05M | 2.06M | 0 |
| Total Assets | 27.41M▲ 0% | 10.96M▼ 60.0% | 269.44M▲ 2359.5% | 255.25M▼ 5.3% | 306.78M▲ 20.2% | 370.02M▲ 20.6% | 615.89M▲ 66.4% | 338.02M▼ 45.1% |
| Asset Turnover | 0.36x | 0.91x | - | 0.08x | - | 0.00x | 0.01x | 0.72x |
| Asset Growth % | - | -60.04% | 2359.54% | -5.27% | 20.19% | 20.62% | 66.44% | -45.12% |
| Total Current Liabilities | 11.47M | 4.49M | 7.18M | 11.85M | 16.55M | 24.37M | 27.45M | 20.41M |
| Accounts Payable | 501K | 2.09M | 2.15M | 3.65M | 3.34M | 5.45M | 4.6M | 1.97M |
| Days Payables Outstanding | 18.09 | 43.93 | 1.3K | - | - | - | - | 475.78 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.41M |
| Deferred Revenue (Current) | 10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 477K | 1.02M | 1.73M | 2.58M | 5.56M | 10.38M | 10.55M | 16.04M |
| Current Ratio | 2.23x | 1.99x | 37.27x | 21.23x | 17.27x | 14.25x | 21.45x | 15.45x |
| Quick Ratio | 2.23x | 1.99x | 37.27x | 21.23x | 17.27x | 14.25x | 21.45x | 15.45x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.19M | 5.97M | 538K | 231K | 12.81M | 13.44M | 16.88M | 14.47M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 622K | 899K | 476K | 231K | 12.81M | 13.44M | 16.88M | 14.47M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.56M | 5.08M | 62K | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 14.65M | 10.46M | 7.72M | 12.08M | 29.36M | 37.81M | 44.33M | 34.89M |
| Total Debt | 788K | 1.27M | 899K | 1.09M | 13.27M | 14.44M | 18.86M | 16.88M |
| Net Debt | -22.47M | -5.75M | -264.98M | -228.95M | -265.78M | -316.7M | -541.07M | -270.53M |
| Debt / Equity | 0.06x | 2.58x | 0.00x | 0.00x | 0.05x | 0.04x | 0.03x | 0.06x |
| Debt / EBITDA | - | - | - | - | - | - | - | 0.23x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | -3.75x |
| Interest Coverage | - | -1541.00x | -7587.83x | -14182.25x | -104678.00x | - | - | - |
| Total Equity | 12.76M▲ 0% | 495K▼ 96.1% | 261.72M▲ 52772.9% | 243.17M▼ 7.1% | 277.42M▲ 14.1% | 332.21M▲ 19.7% | 571.55M▲ 72.0% | 303.13M▼ 47.0% |
| Equity Growth % | - | -96.12% | 52772.93% | -7.09% | 14.08% | 19.75% | 72.04% | -46.96% |
| Book Value per Share | 1.44 | 0.06 | 16.88 | 10.42 | 10.99 | 11.28 | 15.27 | 8.01 |
| Total Shareholders' Equity | 12.76M | 495K | 261.72M | 243.17M | 277.42M | 332.21M | 571.55M | 303.13M |
| Common Stock | 1K | 1K | 2K | 2K | 2K | 3K | 4K | 4K |
| Retained Earnings | -7.31M | -19.65M | -65.01M | -123.75M | -228.43M | -381.43M | -568.78M | -481.76M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -384.56M |
| Accumulated OCI | -246K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Keros Therapeutics, Inc. (KROS) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 7.04M | -16M | -36.89M | -62.15M | -70.06M | -124.51M | -160.87M | 107.5M |
| Operating CF Margin % | 70.42% | -159.98% | - | -309.19% | - | -82455.63% | -4531.52% | 44.05% |
| Operating CF Growth % | - | -327.18% | -130.62% | -68.45% | -12.73% | -77.71% | -29.2% | 166.83% |
| Net Income | -1.33M | -12.34M | -45.36M | -58.74M | -104.68M | -152.99M | -187.35M | 87.01M |
| Depreciation & Amortization | 153K | 438K | 278K | 378K | 674K | 815K | 1.23M | 1.51M |
| Stock-Based Compensation | 81K | 0 | 4.1M | 11.72M | 18.68M | 28.76M | 34.87M | 28.7M |
| Deferred Taxes | 0 | 0 | 0 | 46K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 194K | 2.62M | 1.82M | 520K | 953K | 1.56M | 1.82M | 2.4M |
| Working Capital Changes | 7.95M | -6.72M | 2.27M | -16.07M | 14.31M | -2.65M | -11.44M | -12.11M |
| Change in Receivables | -370K | -552K | 922K | -18M | 18M | -143K | -2.6M | -825K |
| Change in Inventory | 0 | 0 | -922K | 1.04M | 0 | -4.5M | 0 | 0 |
| Change in Payables | -2K | 1.31M | 61K | 1.49M | -408K | 1.61M | -249K | -3M |
| Cash from Investing | -217K | -271K | -294K | -1.02M | -1.24M | -2.46M | -1.93M | -1.55M |
| Capital Expenditures | -217K | -271K | -294K | -1.02M | -1.24M | -2.46M | -1.93M | -1.55M |
| CapEx % of Revenue | 2.17% | 2.71% | - | 5.09% | - | 1631.79% | 54.39% | 0.64% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 11.46M | 14K | 296.04M | 28.55M | 120.31M | 178.96M | 391.82M | -378.47M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 11.5M | 14K | 299.2M | 28.17M | 119.58M | 175.82M | 380.13M | -378.47M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -375M |
| Other Financing | -37K | 0 | -3.16M | 379K | 731K | 3.13M | 11.69M | 0 |
| Net Change in Cash | 18.29M▲ 0% | -16.24M▼ 188.8% | 258.86M▲ 1694.0% | -34.62M▼ 113.4% | 49.01M▲ 241.5% | 51.98M▲ 6.1% | 229.02M▲ 340.6% | -272.52M▼ 219.0% |
| Free Cash Flow | 6.83M▲ 0% | -16.27M▼ 338.4% | -37.19M▼ 128.6% | -63.17M▼ 69.9% | -71.3M▼ 12.9% | -126.97M▼ 78.1% | -162.8M▼ 28.2% | 105.95M▲ 165.1% |
| FCF Margin % | 68.25% | -162.69% | - | -314.29% | - | -84087.42% | -4585.92% | 43.41% |
| FCF Growth % | - | -338.37% | -128.58% | -69.87% | -12.87% | -78.07% | -28.22% | 165.08% |
| FCF per Share | 0.77 | -1.83 | -2.40 | -2.71 | -2.82 | -4.31 | -4.35 | 2.80 |
| FCF Conversion (FCF/Net Income) | -5.27x | 1.30x | 0.81x | 1.06x | 0.67x | 0.81x | 0.86x | 1.24x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Keros Therapeutics, Inc. (KROS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -10.46% | -186.28% | -34.6% | -23.27% | -40.22% | -50.19% | -41.46% | 19.9% |
| Return on Invested Capital (ROIC) | - | - | - | -770.9% | -665.68% | -938.87% | -687.6% | 167.93% |
| Gross Margin | -1.11% | -73.48% | - | 100% | - | 100% | 100% | 99.38% |
| Net Margin | -13.35% | -123.44% | - | -292.26% | - | -101319.21% | -5277.55% | 35.65% |
| Debt / Equity | 0.06x | 2.58x | 0.00x | 0.00x | 0.05x | 0.04x | 0.03x | 0.06x |
| Interest Coverage | - | -1541.00x | -7587.83x | -14182.25x | -104678.00x | - | - | - |
| FCF Conversion | -5.27x | 1.30x | 0.81x | 1.06x | 0.67x | 0.81x | 0.86x | 1.24x |
| Revenue Growth | - | 0% | -100% | - | -100% | - | 2250.99% | 6774.96% |
Keros Therapeutics, Inc. (KROS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 9, 2026·SEC
Mar 4, 2026·SEC
Mar 4, 2026·SEC
Keros Therapeutics, Inc. (KROS) stock FAQ — growth, dividends, profitability & financials explained
Keros Therapeutics, Inc. (KROS) reported $244.1M in revenue for fiscal year 2025. This represents a 2341% increase from $10.0M in 2018.
Keros Therapeutics, Inc. (KROS) grew revenue by 6775.0% over the past year. This is strong growth.
Yes, Keros Therapeutics, Inc. (KROS) is profitable, generating $87.0M in net income for fiscal year 2025 (35.7% net margin).
Keros Therapeutics, Inc. (KROS) has a return on equity (ROE) of 19.9%. This is reasonable for most industries.
Keros Therapeutics, Inc. (KROS) generated $106.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Keros Therapeutics, Inc. (KROS) 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