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MARKETS / NASDAQ / KROS
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Keros Therapeutics, Inc. KROS

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$244.1M
▲ 6775.0% YoY
$87.0M
$106.0M
In brief

What this company does

Its lead product candidate, rinvatercept (KER-065), is being developed for the treatment of neuromuscular diseases. Its most advanced product candidate, elritercept (KER-050), is being developed for the treatment of low blood cell counts, including anemia and thrombocytopenia, in patients with myelodysplastic syndromes and in patients with myelofibrosis. The company was originally incorporated under the laws of the State of Delaware under the name Keros Therapeutics, Inc. in December 2015.

Written from the business description in Keros Therapeutics, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.

Growth
USD 244.1M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 244.1 · Net income 87.0
100M200M-80M-160M2019202020212022202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
36 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 27.7% · Net 35.7%
-50000%-100000%2019202020212022202320242025
ROE
FY2025 · ROE 19.9%
5%10%15%-20%-40%2019202020212022202320242025

Each USD of equity produced 20 cents of profit this year.

Cash & shareholders
USD 374.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 106.0
40M80M-80M-160M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 374.9
200M20242025

USD 374.9M in buybacks — 431% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 338.0M
EquityUSD 303.1M
CashUSD 287.4M
Current ratio15.45×

Equity funds 90% of total assets.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.20.00.00.00.00.00.0
Operating income $B0.1−0.2−0.2−0.1−0.1−0.0−0.0
EBITDA $B0.1−0.2−0.2−0.1−0.1−0.0−0.0
Income tax $B0.00.00.00.00.0−0.00.0
Net income $B0.1−0.2−0.2−0.1−0.1−0.0−0.0
Free cash flow $B0.1−0.2−0.1−0.1−0.1−0.0−0.0
EPS, diluted $2.30−5.00−5.20−4.15−2.52−2.93−6.08
Dividend / sh $·······
Payout %·······
ROE %19.9−41.5−50.2−40.2−23.3−37.4·
Shares out B0.020.040.030.030.020.020.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 28 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 48 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

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