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Companies / Healthcare / Verrica Pharmaceuticals Inc.
VRCA

Verrica Pharmaceuticals Inc.

HealthcarePharmaceutical Preparations
Ticker VRCAWEST CHESTER, PAFiscal year ends DecemberBook value per share $0.20Diluted shares 21.3M

Verrica Pharmaceuticals Inc. (NASDAQ: VRCA) is a therapeutics company developing and commercializing medications for the treatment of dermatologic diseases, including skin cancers. The company focuses on clinician-administered therapies targeting areas of high unmet medical need in dermatology. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$35.58M
+370.2% year over year
Last 12 mo $30.32M
-34.25%
+837 percentage points
Last 12 mo -93.59%
$-17.89M
+76.6% year over year
Last 12 mo $-31.18M
-72.29%
−849 percentage points
Last 12 mo -724.01%
Cash & financing
$-17.63M
+71.1% year over year
Last 12 mo $-13.35M
$-17.63M
+71.1% year over year
Last 12 mo $-13.35M
0.25
Was -4.57× a year earlier
Last 12 mo 2.28
10.7M
−79.4% year over year
Last 12 mo 21.3M

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 Verrica Pharmaceuticals Inc. does

In the company’s own words

Verrica Pharmaceuticals Inc. (NASDAQ: VRCA) is a therapeutics company developing and commercializing medications for the treatment of dermatologic diseases, including skin cancers. The company focuses on clinician-administered therapies targeting areas of high unmet medical need in dermatology.

Verrica's commercial product is YCANTH (VP-102), a proprietary drug-device combination containing a GMP-controlled formulation of cantharidin that received FDA approval in July 2023 for treating molluscum contagiosum in patients aged two years and older. This represents the first FDA-approved product for molluscum treatment. The company has built a specialized sales organization of approximately 40 field sales representatives focused on pediatric dermatologists, dermatologists, pediatricians, and primary care providers across the United States. YCANTH is distributed through white bag pharmacy services and buy-and-bill arrangements with wholesale distribution partners. The company has secured insurance coverage for approximately 250 million covered lives in the United States and received a permanent J-code (J7354) for reimbursement effective April 2024.

The company's pipeline includes YCANTH (VP-102) for treating common warts, with a global Phase 3 clinical program initiated in December 2025 through a cost-sharing collaboration with Torii Pharmaceutical. The company also develops VP-315, an oncolytic peptide-based injectable therapy for basal cell carcinoma and other dermatological oncology indications, with Phase 3 planning underway following positive end-of-Phase 2 feedback from the FDA in March 2025.

Verrica retains exclusive, royalty-free rights to YCANTH (VP-102) and VP-315 globally, except in Japan where Torii holds exclusive rights. The company has received $38 million in milestone revenue from Torii through December 2025 and is entitled to additional contingent payments plus tiered transfer price payments based on net sales. Verrica does not operate manufacturing facilities and relies on third-party manufacturers for API production and drug product manufacturing. The company's website is www.verrica.com.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
WEST CHESTER, PA
Fiscal year end
December
CIK
1660334
SIC
2834

Financial performance, year by year

Fiscal 2018–2025 · USD
$-87.79M$-54.15M$-20.50M$13.15M$46.79M20182019202020212022202320242025Last 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 Verrica Pharmaceuticals Inc. — and what changed

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

15
funds hold it
0 of 35
superinvestors hold it
$2.63M
held by funds, at market
2.5%
of shares held by funds

Largest fund holders · Verrica Pharmaceuticals Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%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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