marketcaparena
Search

    ORKA

    Oruka Therapeutics, Inc.

    Company overview

    Market capitalization
    $5.57B
    Employees
    68
    Latest publication
    2026-09-29
    About Oruka Therapeutics, Inc.

    Oruka Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing novel monoclonal antibody therapeutics for psoriasis (PsO), and other inflammatory and immunology (I&I) indications. Its lead products include ORKA-001 that targets p19 subunit of interleukin-23, which is in phase 2a trial for the treatment of PsO; and ORKA-002 that targets interleukin-17A and interleukin-17F, which is in phase 2 trial for the treatment of PsO, psoriatic arthritis, and other conditions. The company also develops ORKA-003 for targeting an undisclosed pathway; and ORKA-021, a sequential combination regimen of ORKA-002 and ORKA-001. Oruka Therapeutics, Inc. is headquartered in Menlo Park, California.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Operating Income-50,107,000USD-36,434,000USD-34,431,000USD-34,105,000USD-28,429,000USD-25,086,000USD-38,329,174USD-29,449,000USD
    Net Income-41,206,000USD-31,820,000USD-29,583,000USD-30,277,000USD-24,574,000USD-20,999,000USD-33,392,265USD-28,623,000USD
    Total Revenue—0USD0USD0USD0USD0USD—0USD
    Cost Of Revenue—43,000USD28,000USD—19,000USD16,000USD16,000USD-20,000USD
    Gross Profit—-43,000USD-28,000USD—-19,000USD-16,000USD-16,000USD20,000USD
    Research Development—29,145,000USD27,640,000USD28,988,000USD24,087,000USD19,925,000USD32,326,630USD25,691,000USD
    Selling General Administrative—7,289,000USD6,791,000USD5,117,000USD4,342,000USD5,161,000USD5,675,272USD3,758,000USD
    Total Operating Expenses—36,391,000USD34,403,000USD34,105,000USD28,429,000USD25,086,000USD38,329,174USD29,449,000USD
    Interest Income—4,606,000USD4,849,000USD3,832,000USD3,857,000USD4,092,000USD—1,330,000USD
    Net Interest Income—4,606,000USD4,849,000USD3,832,000USD3,857,000USD4,092,000USD—826,000USD
    Income Before Tax—-31,820,000USD-29,583,000USD-30,277,000USD-24,574,000USD-20,999,000USD-33,392,265USD-28,623,000USD
    Net Income From Continuing Ops—-31,820,000USD-29,583,000USD-30,277,000USD-24,574,000USD-20,999,000USD—-28,623,000USD
    Ebit—-36,434,000USD-34,431,000USD-30,277,000USD-24,574,000USD-20,999,000USD-37,456,447USD-28,099,000USD
    Ebitda—-36,391,000USD-34,403,000USD-30,257,000USD-24,555,000USD-20,983,000USD-37,437,992USD-28,119,000USD
    Depreciation And Amortization—43,000USD28,000USD20,000USD19,000USD16,000USD18,455USD-20,000USD
    Reconciled Depreciation—43,000USD28,000USD20,000USD19,000USD16,000USD——
    Total Other Income Expense Net—4,614,000USD4,848,000USD3,828,000USD3,855,000USD4,087,000USD4,936,909USD826,000USD
    Interest Expense——0USD0USD0USD0USD—504,000USD
    Selling And Marketing Expenses——————327,272USD—
    Source0001213900-26-087231VerifiedLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Revenue0USD———————
    Cost Of Revenue83,000USD27,000USD111,000USD114,000USD91,000USD93,000USD89,000USD22,000USD
    Gross Profit-83,000USD-27,000USD-111,000USD-114,000USD-91,000USD-93,000USD-89,000USD-22,000USD
    Research Development100,640,000USD75,060,000USD1,013,000USD4,464,000USD13,832,000USD4,992,000USD1,833,000USD4,239,000USD
    Selling General Administrative21,411,000USD———————
    Total Operating Expenses121,968,000USD88,096,000USD7,185,000USD9,727,000USD19,244,000USD9,673,000USD5,725,000USD8,096,000USD
    Operating Income-122,051,000USD-88,123,000USD-7,296,000USD-9,841,000USD-19,335,000USD-9,766,000USD-5,814,000USD-8,118,000USD
    Interest Income16,630,000USD———————
    Interest Expense0USD1,468,000USD———9,000USD7,000USD—
    Net Interest Income16,630,000USD———————
    Income Before Tax-105,433,000USD-83,724,000USD-5,339,000USD-9,926,000USD-19,322,000USD-9,747,000USD-5,649,000USD-7,964,000USD
    Net Income-105,433,000USD-83,724,000USD-5,339,000USD-9,926,000USD-19,322,000USD-9,738,000USD-5,482,000USD-7,933,000USD
    Net Income From Continuing Ops-105,433,000USD———————
    Ebit-122,051,000USD-82,256,000USD-5,339,000USD-9,926,000USD-19,322,000USD-9,738,000USD-5,642,000USD-7,964,000USD
    Ebitda-121,968,000USD-82,229,000USD-5,228,000USD-9,812,000USD-19,231,000USD-9,645,000USD-5,553,000USD-7,942,000USD
    Depreciation And Amortization83,000USD27,000USD111,000USD114,000USD91,000USD93,000USD89,000USD22,000USD
    Reconciled Depreciation83,000USD———————
    Total Other Income Expense Net16,618,000USD4,399,000USD1,957,000USD-85,000USD13,000USD19,000USD165,000USD154,000USD
    Unclassified Operating Expenses—13,036,000USD6,172,000USD5,263,000USD5,412,000USD4,681,000USD3,892,000USD3,857,000USD
    Income Tax Expense—————-9,000USD-167,000USD-31,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets1,139,394,000USD504,480,000USD488,617,000USD509,251,000USD357,418,000USD377,112,000USD396,019,000USD414,090,000USD
    Cash And Equivalents268,470,000USD———————
    Cash And Short Term Investments873,564,000USD388,829,000USD337,044,000USD349,155,000USD328,406,000USD349,094,000USD375,648,000USD410,875,000USD
    Short Term Investments605,094,000USD339,309,000USD290,109,000USD257,902,000USD263,010,000USD265,522,000USD314,073,000USD—
    Long Term Investments252,017,000USD107,123,000USD142,539,000USD151,763,000USD23,053,000USD23,953,000USD18,069,000USD—
    Total Current Assets884,559,000USD395,249,000USD343,857,000USD355,163,000USD332,012,000USD352,083,000USD376,869,000USD412,949,000USD
    Other Current Assets10,995,000USD6,420,000USD6,813,000USD6,008,000USD3,606,000USD2,989,000USD1,221,000USD2,074,000USD
    Other Non Current Assets128,000USD———————
    Total Liabilities24,845,000USD———————
    Total Current Liabilities22,968,000USD16,633,000USD15,374,000USD20,967,000USD12,110,000USD11,723,000USD13,043,000USD18,039,000USD
    Total Stockholder Equity1,114,549,000USD486,720,000USD471,930,000USD486,791,000USD343,642,000USD364,725,000USD382,221,000USD342,368,000USD
    Total Equity Including Noncontrolling Interest1,114,549,000USD———————
    Property Plant Equipment Net2,690,000USD2,005,000USD2,118,000USD2,222,000USD2,250,000USD973,000USD1,038,000USD1,098,000USD
    Accounts Payable7,950,000USD3,662,000USD4,155,000USD2,208,000USD4,664,000USD3,545,000USD3,462,000USD8,502,000USD
    Short Term Debt669,000USD680,000USD619,000USD419,000USD660,000USD283,000USD213,000USD146,000USD
    Common Stock61,000USD50,000USD49,000USD48,000USD37,000USD37,000USD37,000USD35,000USD
    Retained Earnings-262,183,000USD-220,977,000USD-189,157,000USD-159,574,000USD-129,297,000USD-104,723,000USD-83,724,000USD-57,943,000USD
    Accumulated Other Comprehensive Income-1,703,000USD-480,000USD546,000USD185,000USD-27,000USD-6,000USD-41,000USD—
    Total Liab—17,760,000USD16,687,000USD22,460,000USD13,776,000USD12,387,000USD13,798,000USD71,722,000USD
    Other Current Liab—12,291,000USD10,600,000USD18,340,000USD6,786,000USD7,895,000USD9,368,000USD9,401,000USD
    Capital Stock—50,000USD49,000USD2,979,000USD2,968,000USD2,968,000USD2,968,000USD2,966,000USD
    Cash—49,520,000USD46,935,000USD91,253,000USD65,396,000USD83,572,000USD61,575,000USD410,875,000USD
    Net Debt—-47,713,000USD-45,003,000USD-89,341,000USD-63,070,000USD-82,625,000USD-60,607,000USD-409,887,000USD
    Short Long Term Debt Total—1,807,000USD1,932,000USD1,912,000USD2,326,000USD947,000USD968,000USD988,000USD
    Property Plant Equipment Gross—2,005,000USD2,118,000USD2,222,000USD2,250,000USD973,000USD1,038,000USD1,098,000USD
    Common Stock Shares Outstanding—55,172,410shares54,420,045shares44,067,059shares42,233,089shares41,679,560shares16,789,362shares15,013,655shares
    Non Current Assets Total—109,231,000USD144,760,000USD154,088,000USD25,406,000USD25,028,999USD19,150,000USD1,141,000USD
    Non Current Liabilities Total—1,127,000USD1,313,000USD1,493,000USD1,666,000USD663,999USD755,000USD53,683,000USD
    Non Currrent Assets Other—103,000USD103,000USD103,000USD103,000USD102,999USD43,000USD43,000USD
    Net Working Capital—378,616,000USD328,483,000USD334,196,000USD319,902,000USD340,360,000USD363,826,000USD394,910,000USD
    Unclassified Non Current Liabilities—1,127,000USD1,313,000USD1,493,000USD1,666,000USD——53,683,000USD
    Unclassified Equity—708,077,000USD660,443,000USD643,153,000USD469,961,000USD466,449,000USD462,981,000USD397,310,000USD
    Source0001213900-26-087231DeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets488,617,000USD396,019,000USD37,861,000USD43,085,000USD54,924,000USD50,429,000USD8,536,000USD6,825,000USD
    Other Current Assets6,813,000USD1,221,000USD161,000USD254,000USD1,062,000USD897,000USD117,000USD169,000USD
    Total Liab16,687,000USD13,798,000USD841,000USD1,412,000USD3,881,000USD3,908,000USD926,000USD793,000USD
    Total Stockholder Equity471,930,000USD382,221,000USD37,020,000USD41,673,000USD51,043,000USD46,521,000USD7,610,000USD6,032,000USD
    Other Current Liab10,600,000USD9,368,000USD561,000USD695,000USD2,281,000USD1,685,000USD483,000USD563,000USD
    Common Stock49,000USD37,000USD14,000USD14,000USD14,000USD10,000USD2,000USD14,000USD
    Capital Stock49,000USD2,968,000USD——————
    Retained Earnings-189,157,000USD-83,724,000USD-188,741,000USD-183,402,000USD-173,476,000USD-154,154,000USD-144,416,000USD-138,934,000USD
    Cash46,935,000USD61,575,000USD37,431,000USD42,445,000USD53,359,000USD49,071,000USD8,363,000USD6,608,000USD
    Cash And Short Term Investments337,044,000USD375,648,000USD37,431,000USD42,445,000USD53,359,000USD49,071,000USD8,363,000USD6,608,000USD
    Total Current Assets343,857,000USD376,869,000USD37,592,000USD42,699,000USD54,421,000USD49,968,000USD8,480,000USD6,777,000USD
    Total Current Liabilities15,374,000USD13,043,000USD637,000USD1,132,000USD3,498,000USD3,499,000USD926,000USD793,000USD
    Net Debt-45,003,000USD-60,607,000USD-37,151,000USD-42,062,000USD-52,876,000USD-48,621,000USD-8,338,000USD-6,608,000USD
    Short Term Debt619,000USD213,000USD76,000USD103,000USD100,000USD41,000USD25,000USD—
    Short Long Term Debt Total1,932,000USD968,000USD280,000USD383,000USD483,000USD450,000USD25,000USD—
    Long Term Investments142,539,000USD18,069,000USD——————
    Short Term Investments290,109,000USD314,073,000USD——————
    Accounts Payable4,155,000USD3,462,000USD—334,000USD1,117,000USD1,773,000USD418,000USD230,000USD
    Property Plant Equipment Net2,118,000USD1,038,000USD257,000USD368,000USD485,000USD449,000USD32,000USD24,000USD
    Property Plant Equipment Gross2,118,000USD1,038,000USD——————
    Accumulated Other Comprehensive Income546,000USD-41,000USD——————
    Common Stock Shares Outstanding45,614,142shares16,789,362shares14,415,877shares14,410,143shares13,903,871shares4,710,237shares110,102shares64,115shares
    Non Current Assets Total144,760,000USD19,150,000USD269,000USD386,000USD503,000USD461,000USD55,999USD48,000USD
    Non Current Liabilities Total1,313,000USD755,000USD204,000USD280,000USD383,000USD409,000USD——
    Non Currrent Assets Other103,000USD43,000USD12,000USD18,000USD18,000USD12,000USD23,999USD24,000USD
    Net Working Capital328,483,000USD363,826,000USD——————
    Unclassified Non Current Liabilities1,313,000USD———————
    Unclassified Equity660,443,000USD462,981,000USD225,747,000USD225,061,000USD224,505,000USD200,665,000USD152,024,000USD144,952,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Depreciation86,000USD
    Stock Based Compensation14,252,000USD
    Change To Liabilities3,758,000USD
    Change In Working Capital-4,207,000USD
    Operating Cash Flow-56,723,000USD
    Capital Expenditures-73,000USD
    Net Investments-425,311,000USD
    Investing Cash Flow-425,384,000USD
    Common Stock Issuance337,000USD
    Unclassified Financing Cash Flow703,305,000USD
    Financing Cash Flow703,642,000USD
    Change In Cash221,535,000USD
    End Cash Flow268,470,000USD
    Source0001213900-26-087231DeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Net Income-31,820,000USD-29,583,000USD-30,277,000USD-24,574,000USD-20,999,000USD-25,781,000USD-28,623,000USD-2,678,000USD
    Depreciation43,000USD28,000USD20,000USD19,000USD16,000USD16,000USD—12,000USD
    Stock Based Compensation6,968,000USD4,115,000USD10,165,000USD5,077,000USD4,883,000USD——683,000USD
    Other Non Cash Items6,665,000USD3,591,000USD6,690,000USD-1,378,000USD-1,735,000USD2,967,000USD-13,577,000USD112,000USD
    Change In Working Capital1,534,000USD3,370,000USD1,965,000USD-2,289,000USD-3,034,000USD3,980,000USD7,343,000USD-80,000USD
    Total Cash From Operating Activities-23,578,000USD-22,594,000USD-21,602,000USD-23,145,000USD-20,869,000USD-18,818,000USD-34,857,000USD-2,634,000USD
    Capital Expenditures-73,000USD-63,000USD-99,000USD-34,000USD-13,000USD-18,000USD-171,000USD0USD
    Free Cash Flow-23,651,000USD-22,657,000USD-21,701,000USD-23,179,000USD-20,882,000USD-18,836,000USD-35,028,000USD-2,634,000USD
    Investments-14,364,000USD-21,959,000USD-122,449,000USD4,860,000USD42,866,000USD——0USD
    Total Cashflows From Investing Activities-14,437,000USD-22,022,000USD-122,449,000USD4,860,000USD42,866,000USD-329,956,000USD-171,000USD—
    Total Cash From Financing Activities40,600,000USD298,000USD169,908,000USD109,000USD0USD-526,000USD450,051,000USD14,000USD
    Issuance Of Capital Stock40,600,000USD562,000USD0USD109,000USD0USD——0USD
    Change In Cash2,585,000USD-44,318,000USD25,857,000USD-18,176,000USD21,997,000USD-349,300,000USD377,592,000USD-2,620,000USD
    Begin Period Cash Flow46,935,000USD91,253,000USD65,396,000USD83,572,000USD61,575,000USD410,875,000USD33,283,000USD35,903,000USD
    End Period Cash Flow49,520,000USD46,935,000USD91,253,000USD65,396,000USD83,572,000USD61,575,000USD410,875,000USD33,283,000USD
    Unclassified Operating Cash Flow-6,968,000USD-4,115,000USD-10,165,000USD—————
    Net Borrowings—0USD0USD0USD0USD——0USD
    Other Cashflows From Investing Activities——-122,350,000USD——-329,938,000USD——
    Other Cashflows From Financing Activities——169,908,000USD——-29,920,000USD29,920,000USD—
    Unclassified Investing Cash Flow——122,449,000USD—————
    Unclassified Financing Cash Flow—————29,394,000USD420,131,000USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USDFY 20172017-12-31 · USD
    Net Income-105,433,000USD-83,724,000USD-9,926,000USD-19,322,000USD-9,738,000USD-5,482,000USD-7,933,000USD-18,490,000USD
    Depreciation83,000USD27,000USD114,000USD91,000USD93,000USD89,000USD22,000USD27,000USD
    Stock Based Compensation24,240,000USD———————
    Other Non Cash Items19,695,000USD14,269,000USD561,000USD497,000USD43,000USD151,000USD275,000USD906,000USD
    Change In Working Capital-2,555,000USD11,591,000USD-1,661,000USD-28,000USD1,877,000USD441,000USD-608,000USD85,000USD
    Total Cash From Operating Activities-88,210,000USD-57,837,000USD-10,912,000USD-18,762,000USD-7,725,000USD-4,801,000USD-8,244,000USD-17,472,000USD
    Capital Expenditures-209,000USD-189,000USD-2,000USD-43,000USD-19,000USD-4,000USD-3,999USD-3,000USD
    Free Cash Flow-88,419,000USD-58,026,000USD-10,914,000USD-18,805,000USD-7,744,000USD-4,805,000USD-8,247,999USD-17,475,000USD
    Investments-96,536,000USD———————
    Total Cashflows From Investing Activities-96,745,000USD-330,127,000USD-2,000USD-43,000USD-19,000USD-4,000USD3,046,000USD12,926,000USD
    Net Borrowings0USD———————
    Total Cash From Financing Activities170,315,000USD449,539,000USD—23,093,000USD48,452,000USD6,560,000USD3,104,000USD5,847,000USD
    Issuance Of Capital Stock671,000USD———————
    Change In Cash-14,640,000USD24,144,000USD-10,914,000USD4,288,000USD40,708,000USD1,755,000USD-2,094,000USD1,301,000USD
    Begin Period Cash Flow61,575,000USD37,431,000USD53,359,000USD49,071,000USD8,363,000USD6,608,000USD8,702,000USD7,401,000USD
    End Period Cash Flow46,935,000USD61,575,000USD42,445,000USD53,359,000USD49,071,000USD8,363,000USD6,608,000USD8,702,000USD
    Unclassified Operating Cash Flow-24,240,000USD———————
    Unclassified Financing Cash Flow169,644,000USD—————3,415,000USD6,103,000USD
    Unclassified Investing Cash Flow—-329,938,000USD————3,049,999USD12,929,000USD
    Other Cashflows From Financing Activities——————-311,000USD-256,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    No revenue breakdown is currently published for this company.

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.