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Financial statements

Oric Pharmaceuticals, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data Oric Pharmaceuticals, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2018FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Research and development1922.835.956.961.785.2114110
General and administrative3.355.7313.42225.125.628.833.2
Operating expenses22.428.674.278.991.8111143143
Operating income-22.4-28.6-74.2-78.9-91.8-111-143-143
Other non-operating income1.011.690.480.162.6510.11513.5
Income tax00000000
Net income-21.4-26.9-73.7-78.7-89.1-101-128-129
EBITDA-21.5-27.5-73.2-78-90.8-110-142-142
EPS, basic-12.32-14.15-3.36-2.07-2.25-1.96-1.83-1.47
EPS, diluted-12.32-14.15-3.36-2.07-2.25-1.96-1.83-1.47
Shares, basic (weighted)1.731.921.93839.751.569.787.8
Shares, diluted (weighted)1.731.921.93839.751.569.787.8

Balance sheet

FY2018FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents42.689.278.422666.823.459.445.7
Short-term investments21511139185197236
Other current assets0.843.13.544.194.416.296.98
Total current assets90297241210213262288
Property, plant and equipment2.241.982.413.252.862.922.42
Lease right-of-use assets11.8119.148.386.66
Long-term investments043.42226.90111
Other non-current assets1.850.3212.311.59.78.977.25
Total assets94.1299299247252274409
Accounts payable0.150.761.891.320.941.553.82
Accrued liabilities5.28.2513.314.119.523.316.6
Total current liabilities5.35915.215.420.524.820.4
Lease liabilities10.59.447.466.174.11
Other non-current liabilities0.2210.59.447.466.174.11
Total liabilities6.129.2225.724.827.93124.5
Total debt10.5
Paid-in capital2.614565185586598061,076
Retained earnings-92.7-166-245-334-435-563-692
Other comprehensive income-0.03-0.1-1.290.260.380.79
Shareholders' equity-64.4-90.1290273222224243384
Total equity-64.4-90.1290273222224243384
Total liabilities and equity94.1299299247252274409
Shares outstanding1.9836.739.445.154.97198.5

Cash flow statement

FY2018FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Net income-21.4-26.9-73.7-78.7-89.1-101-128-129
Depreciation and amortization0.91.030.970.90.971.031.111.22
Stock-based compensation0.471.095.2812.914.515.220.225
Change in payables-0.410.994.32.93-1.483.281.83-7.25
Cash from operations-20.7-23.5-45.3-59.5-75.1-85.7-113-111
Capital expenditures-0.53-0.77-0.67-0.94-2.08-0.85-1.19-0.71
Purchases of investments-225-69.6-238-239-252-400
Sales and maturities of investments10229131197275253
Cash from investing-0.51-0.77-216158-109-43.422.1-148
Stock issued0.080.13271502585125244
Cash from financing3870.825149.125.285.7127245
Net change in cash16.846.5-10.7148-159-43.436-13.7
Free cash flow-21.2-24.3-45.9-60.5-77.2-86.5-114-112

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $13.16 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-36.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-34.7%Net income / average total assets.
Return on invested capital (ROIC)-35.9%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Book value growth, 1y58.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y20.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y5.8%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y49.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y18.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y6.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y25.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y30.3%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y32.0%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio13.2xCurrent assets / current liabilities.
Quick ratio12.8x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio12.8x(Cash + short-term investments) / current liabilities.
Liabilities / assets5.8%Total liabilities / total assets.
Working capital$252.9MCurrent assets - current liabilities.
Tangible book value$381.3MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.30Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share-$1.04Free cash flow / diluted weighted shares.
Operating cash flow per share-$1.03Cash from operations / diluted weighted shares.
Book value per share$3.68Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$3.68Tangible book value / shares outstanding.
Cash per share$2.55(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.36BShare price x shares outstanding.
Enterprise value$1.10BMarket cap + total debt - cash - short-term investments.
P/B3.58xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.58xMarket cap / tangible book value, when positive.
FCF yield-8.2%Free cash flow / market cap.
Earnings yield-10.3%Net income / market cap (the inverse of P/E).
Was Oric Pharmaceuticals, Inc. profitable in fiscal 2025?

No. It reported a net loss of $129.5M.

How much free cash flow did Oric Pharmaceuticals, Inc. generate in fiscal 2025?

Cash from operations of $111.0M minus capital expenditures of $712.0K left free cash flow of -$111.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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