$0.97
+3.6%Akebia Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for patients with kidney diseases. The company's lead product investigational product candidate is vadadustat, an oral therapy, which is in Phase III development for the treatment of anemia due to chronic kidney disease (CKD) in dialysis-dependent and non-dialysis dependent adult patients. It also offers Auryxia, a ferric citrate that is used to control the serum phosphorus levels in adult patients with DD-CKD on dialysis; and the treatment of iron deficiency anemia in adult patients with CKD not on dialysis. Akebia Therapeutics, Inc. has collaboration agreements with Otsuka Pharmaceutical Co. Ltd. for the development and commercialization of vadadustat in the United States, the European Union, Russia, China, Australia, Canada, the Middle East, and other countries; and Mitsubishi Tanabe Pharma Corporation for the development and commercialization of vadadustat in Japan and other Asian countries, as well as research and license agreement with Janssen Pharmaceutica NV for the development and commercialization of hypoxia-inducible factor prolyl hydroxylase targeted compounds worldwide. The company was incorporated in 2007 and is headquartered in Cambridge, Massachusetts.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
AKBA โข NASDAQ
| Akebia Therapeutics, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||
-5.3M | -69.4M | -51.9M | -92.6M | -282M | -383.5M | -279.7M | -143.6M | -76.9M | -135.7M | -60.7M | -37M | -13.2M | -8.2M | |
1.3M | 37.5M | 41.8M | 37.7M | 36.1M | 33.6M | 38.6M | 2.4M | 617K | 296K | 96K | 49K | 1.3K | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 204.1M | -6.6M | -28.3M | 0.0 | 0.0 | 0.0 | 0.0 | -2.4M | 0.0 | |
11.3M | 7.8M | 9.3M | 17.8M | 0.0 | 24.5M | 11.9M | 19M | 8.9M | 5.8M | 4.7M | 6M | 1.6M | 122K | |
44.3M | 23.1M | -1.9M | -34.7M | 98.5M | 24.6M | 77.3M | 17M | 4M | 800K | 558K | 268K | 760.4K | 1.7M | |
16.5M | -39.7M | -20.7M | -1.4M | -105.6M | -13.7M | -99.1M | 36M | 7.2M | 186.7M | 2.9M | 3.2M | 1.9M | -808K | |
68M | -40.7M | -23.4M | -73.2M | -253M | -110.4M | -257.4M | -97.5M | -56.2M | 57.9M | -52.4M | -27.5M | -11.3M | -7.2M | |
INVESTING ACTIVITIES | ||||||||||||||
(0.0) | -33K | (0.0) | -114K | -59K | -317K | -6.7M | -1.6M | -1.6M | -2.7M | -414K | -229K | -19.7K | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (39.7M) | (0.0) | (6.1M) | (1.6M) | (2.7M) | (414K) | (229K) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -99.9M | (0.0) | -224.2M | -330.6M | -147M | -77.2M | -77.7M | -13.4M | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 40M | 60.2M | 217.8M | 256.3M | 155M | 162.4M | 63.9M | 12.6M | 2M | 1.4M | |
-7.9M | 0.0 | 0.0 | 0.0 | 0.0 | -39.7M | 217.8M | 32.1M | -1.6M | -2.7M | -414K | -229K | -11.4M | 1.4M | |
-7.9M | -33K | (0.0) | -114K | (39.9M) | -40M | (211.2M) | (36.6M) | -177.3M | (12.7M) | -13.7M | -65.4M | -11.4M | (1.4M) | |
FINANCING ACTIVITIES | ||||||||||||||
68.4M | 41.4M | 6.8M | 7.5M | 88.9M | 210.5M | 25.7M | 95.9M | 114.9M | 66.8M | 83M | 104.2M | 5K | 0.0 | |
4.6M | 7.9M | -32M | -33M | 44.8M | 20M | 62.7M | -19K | -5K | -20K | -7K | 234K | 0.0 | 0.0 | |
(0.0) | -1.3M | (0.0) | (0.0) | (0.0) | (0.0) | -426K | (0.0) | (0.0) | (0.0) | (0.0) | -162K | (0.0) | (0.0) | |
-63K | 385K | 1K | 40.1M | 0.0 | 1.2M | 560K | 647K | 1.3M | 124K | 130K | 0.0 | 42.3M | 0.0 | |
72.9M | 49.7M | -25.2M | 14.6M | 133.7M | 231.7M | 89M | 96.6M | 116.2M | 66.9M | 83.1M | 104.4M | 42.3M | 2.5M | |
CASH FLOW SUMMARY | ||||||||||||||
133M | 9M | -48.6M | -58.7M | -79.3M | 81.3M | 42.7M | 35.7M | -117.2M | 137.6M | 17M | 11.6M | 19.6M | -3.4M | |
53.6M | 44.6M | 93.2M | 151.8M | 229.1M | 149.8M | 107.1M | 71.4M | 187.3M | 49.8M | 32.8M | 21.2M | 1.6M | 5M | |
186.5M | 53.6M | 44.6M | 93.2M | 149.8M | 231.1M | 149.8M | 107.1M | 70.2M | 187.3M | 49.8M | 32.8M | 21.2M | 1.6M | |
68M | -40.7M | -23.4M | -73.3M | -253M | -110.7M | -264.1M | -99.1M | -57.8M | 55.2M | -52.8M | -27.7M | -11.4M | -7.2M |
AKBA - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 01, 2026 | March 27, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 30, 2026 | January 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 12, 2026 | January 12, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 01, 2025 | November 28, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 17, 2025 | November 12, 2025 | 2025 |
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