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    VKTX

    Viking Therapeutics, Inc.

    Company overview

    Market capitalization
    $3.85B
    Employees
    59
    Latest publication
    2026-09-29
    About Viking Therapeutics, Inc.

    Viking Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of novel therapies for metabolic and endocrine disorders. Its lead drug candidate is VK2809, an orally available tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta (TRß), which is in Phase IIb clinical trials to treat patients with biopsy-confirmed non-alcoholic steatohepatitis, as well as NAFLD. The company develops VK5211, an orally available non-steroidal selective androgen receptor modulator that is in Phase II clinical trials for the treatment of patients recovering from non-elective hip fracture surgery; VK0612, which is in Phase II clinical trials for metabolic disorders and anemia; VK2735, a novel dual agonist of the glucagon-like peptide 1, which is in Phase 1 SAD/MAD clinical trial, and VK0214, an orally available tissue and receptor-subtype selective agonist of the TRß for X-linked adrenoleukodystrophy. The company was incorporated in 2012 and is headquartered in San Diego, California.

    Company website

    Financial statements

    Income 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
    Total Revenue0USD0USD0USD0USD0USD0USD0USD0USD
    Research Development150,150,000USD153,459,000USD89,953,000USD60,153,000USD41,391,000USD30,987,000USD22,785,000USD23,769,000USD
    Selling General Administrative13,975,000USD11,279,000USD8,608,000USD14,421,000USD14,078,000USD15,251,000USD13,771,000USD10,285,000USD
    Total Operating Expenses164,125,000USD164,738,000USD98,561,000USD74,574,000USD55,469,000USD46,238,000USD36,556,000USD34,054,000USD
    Operating Income-164,125,000USD-164,738,000USD-98,561,000USD-74,574,000USD-55,469,000USD-46,238,000USD-36,556,000USD-34,054,000USD
    Interest Income5,800,000USD7,035,000USD7,772,000USD9,033,000USD9,864,000USD10,844,000USD11,531,000USD11,820,000USD
    Net Interest Income5,800,000USD7,035,000USD7,764,000USD9,009,000USD9,840,000USD10,820,000USD11,507,000USD11,802,000USD
    Income Before Tax-158,325,000USD-157,662,000USD-90,787,000USD-65,561,000USD-45,629,000USD-35,417,000USD-24,940,000USD-22,250,000USD
    Net Income-158,325,000USD-157,662,000USD-90,787,000USD-65,561,000USD-45,629,000USD-35,417,000USD-24,940,000USD-22,250,000USD
    Net Income From Continuing Ops-158,325,000USD-157,662,000USD-90,787,000USD-65,561,000USD-45,629,000USD-35,417,000USD-24,940,000USD-22,250,000USD
    Ebitda-158,325,000USD-157,568,000USD-90,665,000USD-65,425,000USD-45,494,000USD-35,283,000USD-24,829,000USD-22,157,000USD
    Reconciled Depreciation85,000USD94,000USD114,000USD112,000USD111,000USD110,000USD87,000USD75,000USD
    Total Other Income Expense Net5,800,000USD7,076,000USD7,774,000USD9,012,999USD9,840,000USD10,821,000USD11,616,000USD11,804,000USD
    Cost Of Revenue—94,000USD114,000USD112,000USD—110,000USD87,000USD75,000USD
    Gross Profit—-94,000USD-114,000USD-112,000USD—-110,000USD-87,000USD-75,000USD
    Ebit—-157,662,000USD-90,779,000USD-65,537,000USD-45,605,000USD-35,393,000USD-24,916,000USD-22,232,000USD
    Depreciation And Amortization—94,000USD114,000USD112,000USD111,000USD110,000USD87,000USD75,000USD
    Interest Expense——8,000USD24,000USD24,000USD24,000USD24,000USD18,000USD
    Income Tax Expense——————-87,000USD—
    Selling And Marketing Expenses———————75,000USD
    SourceLegacy providerLegacyLegacy 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 20232023-12-31 · USDFY 20212021-12-31 · USDFY 20152015-12-31 · USDFY 20142014-12-31 · USDFY 20132013-12-31 · USDFY 20122012-12-31 · USD
    Total Revenue0USD0USD10,701USD0USD0USD——
    Cost Of Revenue431,000USD292,000USD296,000USD0USD0USD——
    Gross Profit-431,000USD-292,000USD-296,000USD0USD0USD——
    Research Development344,955,000USD63,806,000USD44,981,000USD6,966,842USD22,223,073USD11,613USD275USD
    Selling General Administrative48,387,000USD37,021,000USD10,701,000USD5,029,636USD1,244,910USD89,463USD163USD
    Total Operating Expenses393,342,000USD100,827,000USD55,682,000USD11,996,478USD23,467,983USD101,076USD439USD
    Operating Income-393,342,000USD-100,827,000USD-55,682,000USD-11,996,478USD-23,467,983USD-101,076USD-439USD
    Interest Income33,704,000USD11,046,000USD703,000USD982,180USD———
    Interest Expense56,000USD88,000USD18,000USD1,018,502USD628,676USD24,549USD—
    Net Interest Income33,648,000USD10,976,000USD685,000USD————
    Income Before Tax-359,639,000USD-85,895,000USD-54,990,000USD-23,403,988USD-21,884,183USD-146,247USD-444USD
    Net Income-359,639,000USD-85,895,000USD-54,990,000USD-23,403,988USD-21,884,183USD-146,247USD-444USD
    Net Income From Continuing Ops-359,639,000USD-80,849,000USD-54,990,000USD-23,403,988USD-21,884,183USD——
    Ebit-359,583,000USD-100,827,000USD-54,972,000USD-22,385,486USD-23,467,983USD-101,076USD-110,080USD
    Ebitda-359,152,000USD-100,827,000USD-54,676,000USD-21,360,085USD-21,255,507USD-121,698USD-109,641USD
    Depreciation And Amortization431,000USD292,000USD296,000USD1,025,401USD2,212,476USD-20,622USD439USD
    Reconciled Depreciation431,000USD290,000USD296,000USD————
    Total Other Income Expense Net33,703,000USD14,932,000USD692,000USD-11,407,510USD1,583,800USD-45,171USD-110,588USD
    Selling And Marketing Expenses—292,000USD—————
    Income Tax Expense—-292,000USD-988,000USD982,184USD628,676USD24,549USD-6USD
    Non Operating Income Net Other——692,000USD-11,407,510USD———
    Net Income Applicable To Common Shares——-54,990,000USD-23,403,990USD-21,884,183USD——
    Other Operating Expenses—————101,076USD439USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet 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
    Total Assets608,242,000USD715,729,000USD739,415,000USD827,851,000USD866,993,000USD908,321,000USD937,888,000USD946,839,000USD
    Other Current Assets5,245,000USD9,859,000USD24,133,000USD19,293,000USD14,165,000USD4,604,000USD6,209,000USD3,461,000USD
    Total Liab106,325,000USD76,667,000USD26,385,000USD32,390,000USD20,075,000USD28,043,000USD26,440,000USD25,859,000USD
    Total Stockholder Equity501,917,000USD639,062,000USD713,030,000USD795,461,000USD846,918,000USD880,278,000USD911,448,000USD920,980,000USD
    Other Current Liab39,142,000USD23,279,000USD21,217,000USD26,018,000USD11,373,000USD17,111,000USD24,951,000USD13,669,000USD
    Common Stock1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD
    Capital Stock1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD
    Retained Earnings-1,005,871,000USD-847,546,000USD-689,884,000USD-599,097,000USD-533,536,000USD-487,907,000USD-452,490,000USD-427,550,000USD
    Cash118,116,000USD165,810,000USD100,376,000USD33,880,000USD37,940,000USD26,676,000USD50,347,000USD43,915,000USD
    Cash And Short Term Investments602,964,000USD705,739,000USD714,570,000USD807,724,000USD851,858,000USD902,612,000USD930,440,000USD942,263,000USD
    Total Current Assets608,209,000USD715,598,000USD738,703,000USD827,017,000USD866,023,000USD907,216,000USD936,649,000USD945,724,000USD
    Total Current Liabilities106,325,000USD76,667,000USD26,067,000USD31,980,000USD19,573,000USD27,413,000USD25,685,000USD25,093,000USD
    Net Debt-118,116,000USD-165,673,000USD-99,621,000USD-33,002,000USD-36,940,000USD-25,557,000USD-49,112,000USD-42,815,000USD
    Short Term Investments484,848,000USD539,929,000USD614,194,000USD773,844,000USD813,918,000USD875,936,000USD880,093,000USD898,348,000USD
    Accounts Payable67,183,000USD53,251,000USD4,413,000USD5,494,000USD7,702,000USD9,813,000USD254,000USD11,090,000USD
    Property Plant Equipment Net0USD85,000USD666,000USD780,000USD892,000USD1,003,000USD1,113,000USD977,000USD
    Property Plant Equipment Gross0USD85,000USD666,000USD780,000USD892,000USD1,003,000USD1,113,000USD977,000USD
    Accumulated Other Comprehensive Income-856,000USD378,000USD374,000USD-166,000USD-216,000USD-788,000USD1,632,000USD-2,272,000USD
    Common Stock Shares Outstanding115,568,000shares114,005,000shares112,320,000shares112,134,000shares112,069,000shares111,344,000shares110,911,000shares110,390,171shares
    Non Current Assets Total33,000USD131,000USD712,000USD834,000USD970,000USD1,105,000USD1,239,000USD1,115,000USD
    Non Current Liabilities Total0USD0USD318,000USD410,000USD502,000USD630,000USD755,000USD766,000USD
    Non Currrent Assets Other33,000USD46,000USD46,000USD54,000USD78,000USD102,000USD126,000USD138,000USD
    Net Working Capital501,884,000USD638,931,000USD712,636,000USD795,037,000USD846,450,000USD879,803,000USD910,964,000USD920,631,000USD
    Unclassified Equity1,508,642,000USD1,486,228,000USD1,402,538,000USD1,394,722,000USD1,380,668,000USD1,368,971,000USD1,362,304,000USD1,350,800,000USD
    Short Term Debt—137,000USD437,000USD468,000USD498,000USD489,000USD480,000USD334,000USD
    Short Long Term Debt Total—137,000USD755,000USD878,000USD1,000,000USD1,119,000USD1,235,000USD1,100,000USD
    SourceLegacy providerLegacyLegacy 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 Assets715,729,000USD908,321,000USD368,490,000USD168,529,000USD210,662,000USD256,502,000USD284,256,000USD302,312,000USD
    Other Current Assets9,859,000USD4,604,000USD5,146,000USD11,555,000USD8,425,000USD7,717,000USD7,863,000USD278,000USD
    Total Liab76,667,000USD28,043,000USD20,071,000USD23,207,000USD8,778,000USD12,158,000USD7,137,000USD4,562,000USD
    Total Stockholder Equity639,062,000USD880,278,000USD348,419,000USD145,322,000USD201,884,000USD244,344,000USD277,119,000USD297,750,000USD
    Other Current Liab23,279,000USD17,111,000USD11,299,000USD13,114,000USD7,305,000USD7,811,000USD4,044,000USD3,591,000USD
    Common Stock1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD
    Capital Stock1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD1,000USD
    Retained Earnings-847,546,000USD-487,907,000USD-377,944,000USD-292,049,000USD-223,182,000USD-168,192,000USD-128,697,000USD-102,918,000USD
    Cash165,810,000USD26,676,000USD55,516,000USD36,632,000USD26,371,000USD29,117,000USD8,377,000USD24,779,000USD
    Cash And Short Term Investments705,739,000USD902,612,000USD362,079,000USD155,485,000USD202,103,000USD248,386,000USD275,638,000USD301,520,000USD
    Total Current Assets715,598,000USD907,216,000USD367,225,000USD167,040,000USD210,528,000USD256,103,000USD283,501,000USD302,133,000USD
    Total Current Liabilities76,667,000USD27,413,000USD19,135,000USD21,947,000USD8,778,000USD12,129,000USD6,777,000USD4,550,000USD
    Net Debt-165,673,000USD-25,557,000USD-54,256,000USD-35,068,000USD-26,342,000USD-28,758,000USD-7,715,000USD-24,779,000USD
    Short Term Debt137,000USD489,000USD324,000USD304,000USD29,000USD330,000USD302,000USD—
    Short Long Term Debt Total137,000USD1,119,000USD1,260,000USD1,564,000USD29,000USD359,000USD662,000USD—
    Short Term Investments539,929,000USD875,936,000USD306,563,000USD118,853,000USD175,732,000USD219,269,000USD267,261,000USD276,741,000USD
    Accounts Payable53,251,000USD9,813,000USD7,512,000USD8,529,000USD1,444,000USD3,988,000USD2,431,000USD959,000USD
    Property Plant Equipment Net85,000USD1,003,000USD1,126,000USD1,418,000USD25,000USD321,000USD598,000USD—
    Property Plant Equipment Gross85,000USD1,003,000USD1,126,000USD1,418,000USD25,000USD321,000USD598,000USD—
    Accumulated Other Comprehensive Income378,000USD-788,000USD-389,000USD-1,102,000USD-549,000USD-54,000USD12,000USD-423,000USD
    Common Stock Shares Outstanding112,667,000shares109,037,000shares94,347,000shares76,834,000shares77,197,680shares72,596,647shares71,959,093shares57,580,000shares
    Non Current Assets Total131,000USD1,105,000USD1,265,000USD1,489,000USD134,000USD399,000USD755,000USD179,000USD
    Non Current Liabilities Total0USD630,000USD936,000USD1,260,000USD1,473,000USD29,000USD360,000USD12,000USD
    Non Currrent Assets Other46,000USD102,000USD139,000USD71,000USD109,000USD78,000USD157,000USD179,000USD
    Net Working Capital638,931,000USD879,803,000USD348,090,000USD145,093,000USD201,750,000USD243,975,000USD276,724,000USD297,583,000USD
    Unclassified Equity1,486,228,000USD1,368,971,000USD726,750,000USD445,266,000USD425,613,000USD412,588,000USD405,802,000USD401,089,000USD
    Current Deferred Revenue——-11,623,000USD—————
    Deferred Long Term Liab———38,000USD76,000USD48,000USD128,000USD12,000USD
    Other Assets———71,000USD109,000USD398,000USD157,000USD179,000USD
    Treasury Stock———-6,795,000USD————
    Non Current Liabilities Other———1,260,000USD—29,000USD360,000USD—
    Net Tangible Assets———145,322,000USD201,884,000USD244,344,000USD277,119,000USD297,750,000USD
    Unclassified Non Current Liabilities————1,397,000USD———
    Other Liab———————12,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    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-158,325,000USD-157,662,000USD-90,787,000USD-65,561,000USD-45,629,000USD-35,417,000USD-24,940,000USD-22,250,000USD
    Depreciation-1,208,000USD94,000USD114,000USD-5,587,000USD111,000USD110,000USD87,000USD75,000USD
    Stock Based Compensation10,337,000USD8,587,000USD7,336,000USD13,547,000USD11,348,000USD5,667,000USD8,982,000USD7,082,000USD
    Other Non Cash Items1,000USD-1,788,000USD-2,023,000USD3,336,000USD-3,099,000USD-3,997,000USD-5,059,000USD-5,407,000USD
    Change To Account Receivables936,000USD413,000USD2,204,000USD-11,000USD2,470,000USD-646,000USD1,347,000USD-157,000USD
    Change In Working Capital35,219,000USD65,479,000USD-8,643,000USD7,204,000USD-15,062,000USD2,456,000USD-1,032,000USD-8,013,000USD
    Total Cash From Operating Activities-113,976,000USD-85,290,000USD-94,003,000USD-47,061,000USD-52,331,000USD-31,181,000USD-21,962,000USD-28,513,000USD
    Capital Expenditures0USD0USD0USD0USD0USD0USD0USD0USD
    Free Cash Flow-113,976,000USD-85,290,000USD-94,003,000USD-47,061,000USD-52,331,000USD-31,181,000USD-21,962,000USD-28,513,000USD
    Investments54,189,000USD75,612,000USD160,025,000USD42,506,000USD63,245,000USD6,584,000USD25,901,000USD-126,059,000USD
    Total Cashflows From Investing Activities54,189,000USD75,612,000USD160,025,000USD42,506,000USD63,245,000USD6,584,000USD25,901,000USD-126,059,000USD
    Total Cash From Financing Activities12,077,000USD75,103,000USD480,000USD507,000USD349,000USD1,000,000USD2,522,000USD2,905,000USD
    Issuance Of Capital Stock11,627,000USD0USD0USD0USD0USD-46,658,000USD46,658,000USD-25,000USD
    Change In Cash-47,694,000USD65,434,000USD66,496,000USD-4,060,000USD11,264,000USD-23,671,000USD6,432,000USD-151,664,000USD
    Begin Period Cash Flow165,810,000USD100,376,000USD33,880,000USD37,940,000USD26,676,000USD50,347,000USD43,915,000USD195,579,000USD
    End Period Cash Flow118,116,000USD165,810,000USD100,376,000USD33,880,000USD37,940,000USD26,676,000USD50,347,000USD43,915,000USD
    Other Cashflows From Investing Activities125,690,000USD—-464,045,000USD165,993,000USD293,389,000USD——-126,059,000USD
    Other Cashflows From Financing Activities11,627,000USD73,948,000USD480,000USD507,000USD349,000USD47,658,000USD-44,136,000USD2,930,000USD
    Unclassified Investing Cash Flow-125,690,000USD—464,045,000USD-165,993,000USD-293,389,000USD——126,059,000USD
    Unclassified Financing Cash Flow-11,177,000USD1,155,000USD————46,615,899USD—
    Sale Purchase Of Stock——————42,101USD—
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    Cash flow 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
    Net Income-359,639,000USD-109,963,000USD-85,895,000USD-68,867,000USD-54,990,000USD-39,495,000USD-25,779,000USD-22,063,000USD
    Depreciation431,000USD346,000USD292,000USD291,000USD296,000USD277,000USD260,000USD477,000USD
    Stock Based Compensation40,818,000USD29,712,000USD16,750,000USD8,673,000USD6,100,000USD5,818,000USD3,743,000USD2,608,000USD
    Other Non Cash Items-9,273,000USD-17,247,000USD-8,071,000USD1,317,000USD3,935,000USD3,906,000USD807,000USD-208,000USD
    Change To Account Receivables5,076,000USD1,199,000USD321,000USD614,000USD1,176,000USD1,000USD——
    Change In Working Capital48,978,000USD9,362,000USD3,548,000USD10,189,000USD-2,927,000USD7,717,000USD-3,783,000USD823,000USD
    Total Cash From Operating Activities-278,685,000USD-87,790,000USD-73,376,000USD-48,397,000USD-47,586,000USD-21,777,000USD-24,752,000USD-18,755,000USD
    Capital Expenditures0USD0USD0USD0USD0USD0USD0USD0USD
    Free Cash Flow-278,685,000USD-87,790,000USD-73,376,000USD-48,397,000USD-47,586,000USD-21,777,000USD-24,752,000USD-18,755,000USD
    Investments341,388,000USD-553,366,000USD-207,559,000USD54,753,000USD37,960,000USD41,567,000USD7,463,000USD-265,729,000USD
    Total Cashflows From Investing Activities341,388,000USD-553,366,000USD-179,086,000USD54,753,000USD37,960,000USD41,567,000USD7,463,000USD-265,729,000USD
    Total Cash From Financing Activities76,439,000USD612,464,000USD271,376,000USD4,163,000USD6,880,000USD950,000USD887,000USD300,275,000USD
    Issuance Of Capital Stock0USD597,094,000USD269,760,000USD———0USD296,607,000USD
    Change In Cash139,134,000USD-28,840,000USD18,884,000USD10,261,000USD-2,746,000USD20,740,000USD-16,402,000USD15,791,000USD
    Begin Period Cash Flow26,676,000USD55,516,000USD36,632,000USD26,371,000USD29,117,000USD8,377,000USD24,779,000USD8,988,000USD
    End Period Cash Flow165,810,000USD26,676,000USD55,516,000USD36,632,000USD26,371,000USD29,117,000USD8,377,000USD24,779,000USD
    Other Cashflows From Investing Activities-1,199,000USD-1,199,000USD—54,753USD37,960USD41,567USD7,463USD-265,729USD
    Other Cashflows From Financing Activities73,948,000USD15,370,000USD1,616,000USD10,958,000USD-707,000USD-296,000USD-151,000USD7,501,000USD
    Unclassified Financing Cash Flow2,491,000USD639,195,000USD276,881,000USD—7,587,707USD1,246,296USD1,038,151USD296,607,127USD
    Sale Purchase Of Stock—-42,101,000USD-7,121,000USD-6,795,000USD-707USD-296USD-151USD-127USD
    Unclassified Investing Cash Flow——28,473,000USD—————
    Change To Liabilities———12,894,000USD-3,050,000USD5,323,000USD3,866,000USD960,000USD
    Cash And Cash Equivalents Changes———10,519,000USD-2,746,000USD20,740,000USD-16,402,000USD15,791,000USD
    Net Borrowings———————-3,833,000USD
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    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.