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Companies / Health Care / Erasca, Inc.
ERAS

Erasca, Inc.

Health CarePharmaceutical Preparations
Ticker ERASSAN DIEGO, CAFiscal year ends DecemberBook value per share $1.18Diluted shares 307.8M

Erasca (Nasdaq: ERAS) is a clinical-stage precision oncology company developing therapies for cancers driven by alterations in the RAS/MAPK pathway. Its drug-development pipeline uses small- and large-molecule approaches to target pathway signaling nodes, RAS directly, and mechanisms that enable tumors to escape… From the company’s description.

In fiscal 2025, Erasca, Inc. reported a net loss of $124.55M. Operations used $95.45M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%FY2025
$-124.55MFY2025
+23.0% year over year
Last 12 mo $-287.22M
-38.30%FY2025
−0.1 percentage points
Last 12 mo -79.37%
Cash & financing
$-95.45MFY2025
+12.8% year over year
Last 12 mo $-98.02M
$-95.58MFY2025
+12.7% year over year
Last 12 mo $-98.08M
—
283.5MFY2025
+21.3% year over year
Last 12 mo 307.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Erasca, Inc. does

In the company’s own words

Erasca (Nasdaq: ERAS) is a clinical-stage precision oncology company developing therapies for cancers driven by alterations in the RAS/MAPK pathway. Its drug-development pipeline uses small- and large-molecule approaches to target pathway signaling nodes, RAS directly, and mechanisms that enable tumors to escape treatment; programs are intended for development as single agents and in combinations. Clinical-stage candidates include ERAS-0015, a pan-RAS molecular glue, and ERAS-4001, a pan-KRAS inhibitor, while discovery-stage ERAS-12 is an EGFR biparatopic antibody. The company’s programs address potential treatment approaches across solid tumors, including colorectal, pancreatic and non-small-cell lung cancers. Erasca has worldwide development and commercial rights to its pipeline, which includes programs acquired or licensed from external companies; it in-licensed its RAS-targeting franchise in 2024 and discontinued development of naporafenib in 2025 to prioritize that franchise. The company was founded to focus on precision oncology and RAS targeting. Its website is www.erasca.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1761918
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-303.67M$-254.33M$-204.99M$-155.66M$-106.32M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Erasca, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

237
funds hold it
0 of 35
superinvestors hold it
$1.26B
held by funds, at market
21.6%
of shares held by funds

Largest fund holders · Erasca, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
1.27%of fund net assets
T. Rowe Price Capital Appreciation Fund
PRWCX · T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.
0.18%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.11%of fund net assets
T. Rowe Price Small-Cap Stock Fund, Inc.
OTCFX · T. ROWE PRICE SMALL-CAP STOCK FUND, INC.
0.66%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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