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Companies / Health Care / Viking Therapeutics, Inc.
VKTX

Viking Therapeutics, Inc.

Health CarePharmaceutical Preparations
Ticker VKTXSAN DIEGO, CAFiscal year ends DecemberBook value per share $3.52Diluted shares 115.9M

Viking Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing novel, first-in-class or best-in-class therapies for metabolic and endocrine disorders. The company's website is www.vikingtherapeutics.com. 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
$0.00M
Last 12 mo $0.00M
0.00%
$-359.64M
−227.1% year over year
Last 12 mo $-534.80M
-56.28%
−43.8 percentage points
Last 12 mo -130.98%
Cash & financing
$-278.69M
−217.4% year over year
Last 12 mo $-418.44M
$-278.69M
−217.4% year over year
Last 12 mo $-418.44M
—
112.7M
+3.3% year over year
Last 12 mo 115.9M

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 Viking Therapeutics, Inc. does

In the company’s own words

Viking Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing novel, first-in-class or best-in-class therapies for metabolic and endocrine disorders. The company's website is www.vikingtherapeutics.com.

Viking's primary development focus centers on VK2735, a dual agonist of the glucagon-like peptide 1 and glucose-dependent insulinotropic polypeptide receptors being developed in both oral and subcutaneous formulations for metabolic disorders including obesity. The subcutaneous formulation completed a Phase 2 trial demonstrating statistically significant body weight reductions up to 14.7 percent from baseline, with the company advancing two Phase 3 studies, VANQUISH-1 and VANQUISH-2, which completed enrollment in late 2025. The oral formulation completed a Phase 2 trial in 2025 showing weight reductions up to 12.2 percent, with Phase 3 oral studies expected to initiate in the third quarter of 2026. Viking also initiated an exploratory Phase 1 maintenance dosing study to evaluate various dosing regimens for sustaining weight loss.

Beyond VK2735, Viking is developing VK2809, an orally available selective thyroid hormone receptor beta agonist for non-alcoholic steatohepatitis and metabolic liver disease. The Phase 2b VOYAGE study demonstrated that up to 75 percent of VK2809-treated patients achieved disease resolution with no worsening of fibrosis, compared to 29 percent for placebo. The company is also advancing VK0214, another selective thyroid receptor beta agonist, for X-linked adrenoleukodystrophy, a rare neurological disorder. A Phase 1b trial showed VK0214 was safe and well-tolerated with significant reductions in very long chain fatty acid levels.

Viking maintains a preclinical dual amylin and calcitonin receptor agonist program targeting obesity, with an investigational new drug application planned for the first quarter of 2026. The company also holds VK5211, a selective androgen receptor modulator for hip fracture recovery, though it is pursuing partnering opportunities for this program.

In March 2025, Viking secured broad manufacturing agreements with CordenPharma covering active pharmaceutical ingredient and finished product supply for VK2735, with dedicated capacity for multiple metric tons of API and over one billion annual oral tablets.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1607678
SIC
2834

Financial performance, year by year

Fiscal 2015–2025 · USD
$-588.28M$-427.84M$-267.40M$-106.96M$53.48M20152016201720182019202020212022202320242025Last 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 Viking Therapeutics, Inc. — and what changed

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

258
funds hold it
0 of 35
superinvestors hold it
$1.04B
held by funds, at market
24.7%
of shares held by funds

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

1.30%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.12%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.05%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.

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