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Verastem, Inc. (VSTM) Annual Reports

Verastem, Inc. is listed on Nasdaq, classified by the SEC under Pharmaceutical Preparations (SIC 2834). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

  • Exchange: Nasdaq
  • Fiscal year end: 12/31
  • SEC CIK: 1526119 →

Website:Official site ↗

Financial Highlights

FY2026 Q2 (quarterly, ended 2026-06-30)
CurrentPrior yearYoY
Revenue $40.1M $2.1M +1775.4%
Operating income $-32.7M $-43.8M +25.3%
Net income $-34.7M $-25.9M -33.7%
EPS (diluted) $-0.35 $-0.62 +43.5%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit
Quarterly · In mn (USD)
Revenue 40.1 mn Net income -34.7 mn
2011Q1 2011Q1 2011Q2 2011Q3 2011Q4 2012Q4 2012Q4 2012Q4 2012Q4 2013Q4 2013Q4 2013Q4 2013Q4 2014Q4 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2
Show table:Income statement
Item2011Q12011Q12011Q22011Q32011Q42012Q42012Q42012Q42012Q42013Q42013Q42013Q42013Q42014Q42014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Revenue——————————————————————————————10.0 15.5 1.21 1.67 3.14 9.03 3.62 5.06 4.31 78.7 0.51 1.01 0.5 0 0.55 2.60 0 0 0 —————10.0 0 0 —2.14 11.2 17.5 18.7 40.1
Operating income-0.78 -1.15 -2.48 -4.05 -6.02 -6.93 -6.90 -10.4 -7.98 -9.08 -10.3 -10.6 -11.4 -13.1 -13.1 -13.4 -14.0 -15.2 -15.5 -15.5 -12.0 -8.43 -8.71 -8.06 -11.8 -13.2 -13.5 -23.1 -18.1 -20.8 -18.2 -21.6 -34.3 -34.7 -38.3 -26.1 -33.3 -26.4 -21.3 15.0 -16.8 -14.1 -15.9 -14.8 -16.5 -17.0 -21.4 -17.7 -16.9 -19.3 -20.3 -21.3 -31.1 -28.1 -18.3 -37.0 -31.6 -44.2 -43.8 -40.7 -41.5 -44.9 -32.7
Net income-0.78 -1.15 -2.48 -4.05 -6.00 -6.87 -6.82 -10.4 -7.92 -9.04 -10.3 -10.6 -11.3 -13.1 -13.0 -13.3 -13.9 -15.2 -15.4 -15.4 -11.9 -8.29 -8.57 -7.92 -11.7 -13.0 -13.4 -23.1 -18.2 -21.1 -18.4 -21.7 -11.3 -38.1 -42.2 -30.1 -38.8 -38.0 -23.0 13.1 -19.9 -15.0 -16.9 -22.8 -16.5 -17.0 -21.9 -18.1 -16.8 -15.7 -24.3 -20.0 -27.4 -33.9 -8.26 -24.0 -64.5 -52.1 -25.9 -98.5 -32.9 -36.6 -34.7
Balance sheet
Quarterly · In mn (USD)
Total assets 207 mn Total liabilities 157 mn
2011Q1 2011Q1 2011Q2 2011Q3 2011Q4 2012Q4 2012Q4 2012Q4 2012Q4 2013Q4 2013Q4 2013Q4 2013Q4 2014Q4 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table:Balance sheet
Item2011Q12011Q12011Q22011Q32011Q42012Q42012Q42012Q42012Q42013Q42013Q42013Q42013Q42014Q42014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Current assets————47.9 41.6 39.2 47.3 57.1 67.7 58.3 101 102 107 99.6 94.5 95.3 135 133 121 111 101 93.5 87.3 81.3 74.0 59.8 61.2 87.8 66.0 170 159 253 217 192 167 85.0 149 145 189 145 128 115 109 106 113 97.9 109 92.9 119 190 174 144 118 99.7 121 95.0 125 174 154 223 203 176
Total assets————59.0 111 106 98.8 92.9 86.2 80.0 132 125 116 107 97.9 98.7 142 136 124 113 103 95.4 89.0 83.6 76.3 61.8 63.1 89.8 68.4 173 183 277 243 219 193 145 208 199 218 154 137 124 112 109 116 100 111 95.0 121 192 176 150 124 106 126 102 132 196 177 246 228 207
Current liabilities————3.15 2.94 3.21 3.15 2.40 3.36 5.24 5.71 7.80 6.39 7.87 8.39 9.20 9.46 9.84 10.9 10.1 6.12 5.93 6.22 11.0 13.2 11.1 19.6 17.1 14.8 22.1 53.4 37.1 28.6 31.2 30.5 29.9 25.7 28.8 37.7 17.1 11.8 12.7 13.5 18.6 16.9 20.1 21.9 21.7 22.4 20.8 23.8 26.4 26.7 30.4 37.4 31.0 35.6 50.4 59.7 72.3 66.8 78.1
Total liabilities————————————————————————11.3 15.8 13.6 22.1 32.1 29.9 46.0 75.5 153 155 169 171 138 85.2 84.2 88.0 39.1 34.3 35.7 16.2 21.1 43.4 46.5 48.2 47.7 66.7 69.0 71.8 71.2 77.3 65.7 94.2 130 164 160 192 189 146 157
Equity-0.69 ———-12.8 108 102 95.6 90.5 82.8 74.7 127 117 109 99.2 88.8 88.8 132 125 112 102 96.0 89.1 82.4 72.3 60.5 48.2 41.0 57.7 38.5 127 108 124 88.5 49.3 21.5 7.17 123 114 130 115 103 88.2 95.7 87.6 72.8 53.9 62.9 47.4 33.0 102 83.2 57.4 25.1 18.9 11.1 -28.9 -32.4 36.1 -15.5 57.2 81.8 50.0
Cash flow
Quarterly · In mn (USD)
Operating -43.9 mn Investing 16.3 mn Financing -1.54 mn
2011Q1 2011Q1 2011Q2 2011Q3 2011Q4 2012Q4 2012Q4 2012Q4 2012Q4 2013Q4 2013Q4 2013Q4 2013Q4 2014Q4 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Positive = cash in, negative = cash out.

Show table:Cash flow statement
Item2011Q12011Q12011Q22011Q32011Q42012Q42012Q42012Q42012Q42013Q42013Q42013Q42013Q42014Q42014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Operating-0.33 -0.87 -0.16 -4.27 -4.07 -4.89 -5.05 -6.74 -5.92 -6.34 -6.32 -7.10 -6.54 -9.28 -8.72 -9.26 -9.65 -11.7 -12.0 -11.6 -10.2 -10.8 -6.69 -6.02 -5.95 -10.7 -14.5 -11.8 -20.3 -22.4 -10.3 -22.6 -19.2 -38.8 -34.7 -27.9 -37.2 -34.0 -22.6 44.8 -21.7 -19.3 -13.4 -10.8 -9.93 -19.3 -12.7 -15.1 -16.6 -20.3 -19.9 -16.6 -29.7 -28.3 -27.6 -23.8 -25.1 -38.7 -32.7 -36.2 -29.9 -52.1 -43.9
Investing-0.01 0 -0.47 -0.37 -35.9 -48.2 -4.67 2.11 4.89 25.3 -8.01 -43.4 2.79 4.12 17.9 7.62 13.5 -47.4 8.94 -3.79 15.2 1.10 31.1 3.73 1.03 4.10 14.0 21.3 4.51 4.43 -0.53 -15.5 -127 0.36 46.5 17.6 25.1 32.0 -0.03 -0.01 -79.4 -12.4 2.39 10.0 0.07 19.3 29.3 4.65 13.0 -0.8 14.0 -70.1 12.4 31.0 29.0 0 0 ——-8.28 -1.34 -16.0 16.3
Financing3.92 0 12.1 31.9 19.5 57.6 0 0 0 -0.76 -0.03 59.3 0 -0.49 -0.06 -0.2 9.52 55.4 8.12 0.06 0.05 0 0 0 0 2.39 -0.14 14.2 46.7 0.3 115 0.07 145 0.08 9.69 0.49 -12.7 93.4 12.7 0.14 -36.6 -0.58 0.49 0.17 6.81 25.4 0.71 25.6 0 44.0 91.5 -0.89 -0.45 0.85 -0.4 53.6 0.74 67.4 79.4 17.9 98.6 28.7 -1.54
Cash at period end3.58 2.72 14.2 41.4 20.9 25.5 15.8 11.1 10.1 28.3 13.9 22.6 18.9 13.2 22.4 20.6 33.9 30.1 35.2 19.8 24.9 15.2 39.6 37.3 32.4 28.2 27.6 51.3 82.2 64.2 169 131 130 91.5 113 103 43.5 135 125 170 67.8 35.5 25.0 24.3 21.3 46.7 64.0 78.2 74.9 97.3 183 95.0 77.9 81.3 83.4 113 88.8 118 164 138 205 166 136
Profitability
Quarterly · %
Operating margin -81.6% Net margin -86.5%
2011Q1 2011Q1 2011Q2 2011Q3 2011Q4 2012Q4 2012Q4 2012Q4 2012Q4 2013Q4 2013Q4 2013Q4 2013Q4 2014Q4 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Gross, operating and net margin = the respective profit ÷ revenue.

Show table:Profitability
Item2011Q12011Q12011Q22011Q32011Q42012Q42012Q42012Q42012Q42013Q42013Q42013Q42013Q42014Q42014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Operating margin——————————————————————————————-181.9%-139.1%-2831.3%-2074.8%-1220.6%-289.0%-920.4%-521.3%-493.7%19.1%-3311.1%-1402.4%-3188.8%-742300.0%-3029.5%-654.1%————————-182.8%———-2047.9%-362.2%-236.5%-240.5%-81.6%
Net margin——————————————————————————————-183.7%-139.7%-937.9%-2280.2%-1345.5%-333.7%-1072.0%-751.4%-534.3%16.7%-3925.7%-1494.1%-3380.4%-1139300.0%-3024.0%-653.4%————————-82.6%———-1213.6%-876.3%-187.7%-196.0%-86.5%
Returns & leverage
Quarterly · %
ROE -471.2% ROA -100.7% Debt ratio 75.8%
2011Q1 2011Q1 2011Q2 2011Q3 2011Q4 2012Q4 2012Q4 2012Q4 2012Q4 2013Q4 2013Q4 2013Q4 2013Q4 2014Q4 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table:Returns & leverage
Item2011Q12011Q12011Q22011Q32011Q42012Q42012Q42012Q42012Q42013Q42013Q42013Q42013Q42014Q42014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
ROE—————-18.0%-23.2%-31.4%-82.3%-35.9%-42.4%-34.0%-39.6%-47.1%-55.2%-47.1%-51.8%-46.0%-51.5%-59.6%-60.5%-44.7%-41.2%-37.6%-41.7%-52.6%-67.0%-99.2%-104.3%-153.2%-92.3%-106.8%-79.6%-140.9%-128.6%-188.6%-227.0%-141.0%-158.7%-114.5%-110.6%-39.7%-38.2%-66.2%-70.2%-83.4%-110.0%-92.7%-109.4%-137.2%-96.3%-105.2%-166.8%-363.3%-148.6%-198.3%-917.4%—-606.7%—-1480.2%-786.1%-471.2%
ROA————-23.2%-17.5%-22.5%-30.4%-42.1%-34.7%-40.5%-32.7%-37.8%-44.8%-51.3%-44.1%-47.7%-43.1%-47.6%-54.1%-54.7%-41.7%-38.2%-34.5%-37.0%-46.0%-58.5%-80.5%-78.2%-104.9%-68.8%-64.4%-39.5%-57.4%-57.9%-64.8%-70.7%-66.0%-62.3%-42.2%-45.2%-25.9%-24.0%-45.3%-54.1%-57.8%-69.7%-65.9%-72.5%-61.2%-51.3%-53.5%-71.4%-86.3%-60.2%-61.8%-104.0%-116.7%-110.3%-159.0%-120.4%-107.9%-100.7%
Debt ratio————————————————————————13.6%20.7%22.0%35.1%35.8%43.6%26.6%41.2%55.2%63.6%77.4%88.8%95.0%40.9%42.4%40.4%25.3%25.1%28.8%14.5%19.4%37.4%46.3%43.4%50.1%55.2%36.0%40.8%47.5%62.6%62.2%74.5%128.5%124.6%81.6%108.8%76.8%64.1%75.8%
EPS
Quarterly · US$
EPS US$-0.35
2011Q1 2011Q1 2011Q2 2011Q3 2011Q4 2012Q4 2012Q4 2012Q4 2012Q4 2013Q4 2013Q4 2013Q4 2013Q4 2014Q4 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2
Show table:EPS
Item2011Q12011Q12011Q22011Q32011Q42012Q42012Q42012Q42012Q42013Q42013Q42013Q42013Q42014Q42014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
EPS(US$)————————————————————————-0.99———-1.76-0.41-0.30-0.29-0.37-0.52-0.57-0.41-0.51-0.35-0.140.08-0.12-0.09-0.10-0.13-0.10-0.09-0.12-0.09-0.08-0.08-1.37-0.75-1.00-1.26-0.31-0.60-1.55-0.96-0.62-1.35-0.29-0.46-0.35

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read Verastem, Inc. (VSTM) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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