# Erasca, Inc.: overview

ERAS · Nasdaq · CIK 1761918 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/eras.md) · [Financials](/companies/eras/financials.md) · [Filings](/companies/eras/filings.md) · [Insiders](/companies/eras/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(0.11)](/filings/0001193125-25-277625.md) | not reported | [(0.11)](/filings/0001193125-26-216788.md) | [(0.12)](/filings/0001193125-26-344611.md) | [(0.11)](/filings/0001193125-25-277625.md) | not reported | [(0.60)](/filings/0001193125-26-216788.md) | [(0.14)](/filings/0001193125-26-344611.md) |
| Free cash flow | $m | [(22.4) d](/filings/0001193125-25-277625.md) | [(24.6) d](/filings/0001193125-26-104150.md) | [(31.6)](/filings/0001193125-26-216788.md) | [(20.6) d](/filings/0001193125-26-344611.md) | [(21.7) d](/filings/0001193125-25-277625.md) | [(21.7) d](/filings/0001193125-26-104150.md) | [(27.4)](/filings/0001193125-26-216788.md) | [(27.3) d](/filings/0001193125-26-344611.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(1.85)](/filings/0000950170-23-009496.md) | [(1.99)](/filings/0000950170-24-037193.md) | [(0.83)](/filings/0000950170-25-042682.md) | [(0.69)](/filings/0001193125-26-104150.md) | [(0.44)](/filings/0001193125-26-104150.md) |
| Free cash flow | $m | [(90.8)](/filings/0000950170-23-009496.md) | [(118)](/filings/0000950170-24-037193.md) | [(103)](/filings/0000950170-25-042682.md) | [(109)](/filings/0001193125-26-104150.md) | [(95.6)](/filings/0001193125-26-104150.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/eras/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Frazier Life Sciences Management, L.P.](/funds/1892134.md) | 2026-06-30 | $457.5m | 24,975,188 |  | Added +300,000 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $387.5m | 21,154,146 |  | Added +1,002,740 |
| [RTW INVESTMENTS, LP](/funds/1493215.md) | 2026-06-30 | $328.8m | 17,946,754 |  | Added +1,789,579 |
| [Venrock Adviser, LLC](/funds/1615982.md) | 2026-06-30 | $327.8m | 17,891,812 |  | Added +1,509,000 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $223.2m | 12,184,555 |  | Added +2,884,471 |
| [Logos Global Management LP](/funds/1792126.md) | 2026-06-30 | $222.6m | 12,150,000 |  | Added +1,000,000 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $208.9m | 11,402,199 |  | Added +152,461 |
| [Siren, L.L.C.](/funds/2005245.md) | 2026-06-30 | $208.8m | 11,397,781 |  | Added +153,535 |
| [Paradigm Biocapital Advisors LP](/funds/1855655.md) | 2026-06-30 | $175.0m | 9,550,000 |  | Reduced −842,702 |
| [ARCH Venture Management, LLC](/funds/1274403.md) | 2026-06-30 | $129.9m | 7,091,557 |  | Unchanged |

## Recent filings

[All 350 filings](/companies/eras/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-16 | 13:00 ET | [8-K](/filings/0001193125-26-423433.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-423433 |
| 2026-08-24 | 12:15 ET | [8-K](/filings/0001193125-26-361895.md) | 8.01 Other events | 0001193125-26-361895 |
| 2026-08-11 | 20:07 ET | [10-Q](/filings/0001193125-26-344611.md) | Quarterly report, period 2026-06-30 | 0001193125-26-344611 |
| 2026-08-11 | 20:05 ET | [8-K](/filings/0001193125-26-344584.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-344584 |
| 2026-08-10 | 21:14 ET | [8-K](/filings/0001193125-26-342669.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-342669 |
| 2026-07-14 | 21:03 ET | [8-K](/filings/0001193125-26-303357.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-303357 |
| 2026-07-13 | 20:19 ET | [8-K](/filings/0001193125-26-302045.md) | 8.01 Other events | 0001193125-26-302045 |
| 2026-07-01 | 21:41 ET | [8-K](/filings/0001193125-26-290881.md) | 5.07 Shareholder vote results | 0001193125-26-290881 |
| 2026-05-11 | 20:13 ET | [10-Q](/filings/0001193125-26-216788.md) | Quarterly report, period 2026-03-31 | 0001193125-26-216788 |
| 2026-05-11 | 20:05 ET | [8-K](/filings/0001193125-26-216739.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-216739 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-104150.md), filed Mar 12, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1761918
- Tickers: ERAS
- Exchange: Nasdaq
- SIC code: 2834 Pharmaceutical Preparations
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.
