Invesaro

Stocks Health care ORKA

NASDAQ · Health care

Oruka Therapeutics, Inc. (ORKA)

It posted a net loss of $152.6M. In fiscal 2025 capital spending exceeded operating cash flow by $88.4M. At September 30, 2026 it held $191.5M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.

Free, no password. An email when ORKA files with the SEC.

Price
$109.50
+4.73% on the day · November 10, 2026
52-week range $25.23 to $115.52
Market cap
$7.2B

Key facts about Oruka Therapeutics, Inc.

Net worth
Oruka Therapeutics, Inc. has a market value (market cap) of $7.2B at the latest share price, and shareholders' equity of $1.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2023 revenue was $0, with a net loss of $5.3M.
Cash flow
In fiscal 2025 operations used $88.2M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR

What Oruka Therapeutics, Inc. does

Oruka Therapeutics, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker ORKA.

Revenue and profit by year

Revenue
FY17: $0 $0 FY17FY18: $0 $0 FY18FY19: $0 $0 FY19FY20: $0 $0 FY20FY21: $0 $0 FY21FY22: $0 $0 FY22FY23: $0 $0 FY23
Net income
FY17: -$18.5M -$18.5M FY17FY18: -$7.9M -$7.9M FY18FY19: -$5.5M -$5.5M FY19FY20: -$9.7M -$9.7M FY20FY21: -$19.3M -$19.3M FY21FY22: -$9.9M -$9.9M FY22FY23: -$5.3M -$5.3M FY23FY25: -$105.4M -$105.4M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025n/a-$122.1M-$105.4Mn/a-$88.4M
2023$0-$7.3M-$5.3M-$0.37-$5M
2022$0-$10.6M-$9.9M-$0.69-$10.9M
2021$0-$19.3M-$19.3M-$1.39-$18.8M
2020$0-$9.8M-$9.7M-$2.07-$7.7M
2019$0-$5.8M-$5.5M-$4.15-$4.8M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Latest SEC filings

What Oruka Therapeutics, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 9, 2026
    Quarterly report 10-Q · period to September 30, 2026Net loss of $50M.
  2. October 26, 2026
  3. August 24, 2026
  4. August 21, 2026
  5. August 14, 2026
  6. August 14, 2026
  7. August 14, 2026
  8. August 12, 2026
  9. August 10, 2026
    Quarterly report 10-Q · period to June 30, 2026Net loss of $41.2M.
  10. August 10, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on November 2, 2026. Insider transactions on SEC

Insider trades

What the people running Oruka Therapeutics, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $24.4M worth of shares in the last 90 days and bought none on the open market. Most of the selling (98%) was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$24.4M
last 90 days
Net sold
257,895
$24.4M
DateInsiderWhatSharesPriceValueFiling
November 2, 2026 Klein Lawrence OttoChief Executive Officer, Director Exercised options 25,000 $7.80 $195K Form 4
November 2, 2026 Klein Lawrence OttoChief Executive Officer, Director Soldpre-planned (10b5-1) 6,466 $94.77 $612.8K Form 4
November 2, 2026 Klein Lawrence OttoChief Executive Officer, Director Soldpre-planned (10b5-1) 15,036 $95.64 $1.4M Form 4
November 2, 2026 Klein Lawrence OttoChief Executive Officer, Director Soldpre-planned (10b5-1) 2,442 $96.70 $236.1K Form 4
November 2, 2026 Klein Lawrence OttoChief Executive Officer, Director Soldpre-planned (10b5-1) 756 $97.45 $73.7K Form 4
November 2, 2026 Klein Lawrence OttoChief Executive Officer, Director Soldpre-planned (10b5-1) 300 $98.40 $29.5K Form 4
October 20, 2026 Quinlan Paul TGeneral Counsel Exercised options 9,000 $7.80 $70.2K Form 4
October 20, 2026 Quinlan Paul TGeneral Counsel Soldpre-planned (10b5-1) 400 $74.90 $30K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns ORKA

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Fairmount Funds Management LLC13D, may seek influence with 4 related filers 19.99% 7,941,690 November 21, 2024
Harwin Peter Evan13D, may seek influence with 4 related filers 19.5% 14,572,917 July 1, 2026
Venrock Healthcare Capital Partners III, L.P.13G, passive with 6 related filers 7.4% 4,556,952 August 14, 2026
Capital World Investors13G, passive 5.6% 3,401,639 August 12, 2026
RTW Investments, LP13G, passive with 1 related filers 5.2% 3,139,030 August 14, 2026

Latest filings below 5%: Viking Global Investors LP 2.5% (August 14, 2026); The Vanguard Group 0% (March 27, 2026); Deep Track Capital, LP 4.47% (February 13, 2026); Allostery Master Fund LP 0.3% (November 14, 2024); Avidity Partners Management LP 2.3% (November 14, 2024).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 256 managers reported a position.

HolderSharesValueChange on quarter
Fmr LLC9,057,645$862M+1,626,242
BlackRock, Inc.4,990,181$474.9M+1,463,094
Venrock Adviser, LLC4,148,428$394.8M0
Fairmount Funds Management LLC3,705,262$352.6M0
Capital World Investors3,401,639$323.7Mnew
Rtw Investments, LP3,139,030$298.7M+1,080,882
State Street Corp2,673,090$254.4M+1,059,629
Vanguard Capital Management LLC2,360,971$224.7M+501,340
Paradigm Biocapital Advisors LP2,144,526$204.1M-175,790
Deep Track Capital, LP1,926,000$183.3M-108,203
Bellevue Group AG1,657,190$157.7M+1,150,182
Franklin Resources Inc1,621,451$154.3M+617,395
Remedium Capital Partners, LLC1,565,661$149M0
RA Capital Management, L.P.1,554,597$148Mnew
Viking Global Investors LP1,503,478$143.1M-1,163,212
Geode Capital Management, LLC1,429,954$136.1M+475,087
Jupiter Topco LLC1,375,844$131Mnew
Perceptive Advisors LLC1,345,063$128M-50,438
Polar Capital Holdings Plc1,228,609$116.9M+180,916
Citadel Advisors LLC1,119,011$106.5M+111,474

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

8 insiders reported holding 2,505,288 shares in total, about $274.3M at the last price.

HolderSharesAs of
Fairmount Funds Management LLCDirector, 10% owner 1,131,9541,131,954 held indirectly July 1, 2026
Klein Lawrence OttoChief Executive Officer, Director 923,128 November 2, 2026
Sandler Laura LeeChief Operating Officer 235,478 September 15, 2026
Edwards Larry ToddChief Commercial Officer 100,000 August 24, 2026
Dambkowski CarlDirector 38,743 June 12, 2026
Goncalves JoanaChief Medical Officer 31,771 October 15, 2026
Quinlan Paul TGeneral Counsel 29,995 October 20, 2026
Agarwal ArjunSenior Vice President, Finance 14,219 October 12, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about ORKA

What does Oruka Therapeutics, Inc. do?

Oruka Therapeutics, Inc. is a company in the Health care sector, listed on NASDAQ as ORKA. Its shares trade on NASDAQ under the ticker ORKA.

What is Oruka Therapeutics, Inc.'s net worth?

Oruka Therapeutics, Inc. has a market value (market cap) of $7.2B at the latest share price, and shareholders' equity of $1.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Oruka Therapeutics, Inc. profitable?

No. Over the twelve months to September 30, 2026 it reported a net loss of $152.6M.

When did Oruka Therapeutics, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.

Similar companies

Compare ORKA with

Compare ORKA with any company

Follow ORKA

Get an email when Oruka Therapeutics, Inc. files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when ORKA files with the SEC.

Where the numbers come from

Financial figures are the values Oruka Therapeutics, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.