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Companies / Health Care / Verastem, Inc.
VSTM

Verastem, Inc.

Health CarePharmaceutical Preparations
Ticker VSTMNEEDHAM, MAFiscal year ends DecemberBook value per share $0.10Diluted shares 100.2M

Verastem (Nasdaq: VSTM) is a biopharmaceutical company developing and commercializing medicines for RAS/MAPK pathway-driven cancers. Its marketed U.S. product, AVMAPKI FAKZYNJA CO-PACK, combines avutometinib and defactinib and is approved for adults with KRAS-mutated recurrent low-grade serous ovarian cancer who have… From the company’s description.

Over the twelve months to Sep 30, 2026, Verastem, Inc. reported revenue of $100.30M, up 649.7% from a year earlier, and a net loss of $178.90M. Its operating margin was −193.7%, and operations used $159.57M in cash. In fiscal 2025, it reported revenue of $30.91M, up 209.1% from fiscal 2024, and a net loss of $209.47M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$30.91MFY2025
+209.1% year over year
Last 12 mo $100.30M
-550.33%FY2025
+599.2 percentage points
Last 12 mo -193.73%
$-209.47MFY2025
−60.3% year over year
Last 12 mo $-178.90M
-366.23%FY2025
−818.4 percentage points
Last 12 mo -1771.14%
Cash & financing
$-137.51MFY2025
−31.2% year over year
Last 12 mo $-159.57M
$-137.51MFY2025
−31.2% year over year
Last 12 mo $-159.57M
1.51FY2025
Was -1.41× a year earlier
Last 12 mo 12.46
69.3MFY2025
+94.1% year over year
Last 12 mo 100.2M

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 Verastem, Inc. does

In the company’s own words

Verastem (Nasdaq: VSTM) is a biopharmaceutical company developing and commercializing medicines for RAS/MAPK pathway-driven cancers. Its marketed U.S. product, AVMAPKI FAKZYNJA CO-PACK, combines avutometinib and defactinib and is approved for adults with KRAS-mutated recurrent low-grade serous ovarian cancer who have received prior systemic therapy. The company’s pipeline includes VS-7375, an oral KRAS G12D inhibitor in clinical development for pancreatic, lung, colorectal and other solid tumors, as well as programs evaluating avutometinib and defactinib in combination with chemotherapy or other cancer medicines. Verastem focuses on small-molecule therapies that target RAS directly, inhibit RAF/MEK signaling downstream, or address FAK-mediated resistance. Its commercial operations serve patients and healthcare providers in the United States, while its research and clinical programs address additional cancer indications and markets. In 2025, the company recorded $30.9 million in net product revenue during the first seven months of the product’s commercial launch. Its website is www.verastem.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
NEEDHAM, MA
Fiscal year end
December
CIK
1526119
SIC
2834

Financial performance, year by year

Fiscal 2012–2025 · USD
$-240.45M$-147.52M$-54.59M$38.34M$131.27M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 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 Verastem, Inc. — and what changed

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

121
funds hold it
0 of 35
superinvestors hold it
$73.05M
held by funds, at market
14.2%
of shares held by funds

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

0.12%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—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”.

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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