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MARKETS / NASDAQ / VRDN
NASDAQ · PHARMACEUTICAL PREPARATIONS · LARGE CAP

Viridian Therapeutics, Inc.\DE VRDN

13 fiscal years on record · USD · FY2025 reported · SEC filings only
$70.8M
▲ 23359.9% YoY
$-342.6M
$-276.9M
In brief

What this company does

Its pipeline targets validated pathways and disease-driving mechanisms in autoimmune and rare diseases, including IGF-1R product candidates for thyroid eye disease, FcRn inhibitors for autoimmune disorders, and a TSHR inhibitor program. The company's capabilities span protein and antibody discovery and engineering, biologics manufacturing, nonclinical and clinical development, commercial planning, and commercialization. As of December 31, 2025, the company employed 252 full-time employees located in the U.S., including at its facilities in Waltham, Massachusetts and Boulder, Colorado. Viridian was initially founded as miRagen Therapeutics, Inc., a Delaware limited liability company, in January 2010, and was subsequently incorporated as a Delaware corporation in June 2014. In January 2021, following a merger agreement under which miRagen Therapeutics, Inc. acquired Viridian Therapeutics, Inc., the company changed its name from Miragen Therapeutics, Inc. to Viridian Therapeutics, Inc. Viridian's common stock trades on The Nasdaq Capital Market under the ticker symbol VRDN, and its principal executive office is located in Waltham, Massachusetts.

Written from the business description in Viridian Therapeutics, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 70.8M
Revenue, FY2025 · full 13-year series below
Revenue $M Net income $M
FY2025 · Revenue 70.8 · Net income -342.6
25.0M50.0M-200.0M2013201520172019202120232025
Compound annual growth
+241.9%
+132.2%
+39.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +132.2% a year over five years.

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
−484 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -512.9% · Net -483.6%
-50000%2013201520172019202120232025
ROE
FY2025 · ROE -49.2%
-50%-100%-150%2013201520172019202120232025

Each USD of equity lost 49 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -276.9
-100M-200M2013201520172019202120232025
Net buybacks $ Dividends $
FY2016 · Dividends — · Net buybacks -211000.0
-80000-1600002016

Total assetsUSD 899.4M
EquityUSD 722.2M
CashUSD 212.4M
Current ratio12.65×

Equity funds 80% of total assets.

The 13-year record
13 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 2025202420232022202120202019201820172016201520142013
Revenue $B0.10.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.4−0.3−0.3−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.4−0.3−0.3−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.0·········0.00.0·
Net income $B−0.3−0.3−0.2−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.3−0.2−0.2−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $··−5.31−4.05−6.66−31.13−20.04−1.10−1.38−28.21−21.02−3.50−12.23
Dividend / sh $·············
Payout %·············
ROE %−49.2−48.5−56.8−44.6−51.6−163.1−124.8−72.8·····
Shares out B0.100.080.050.040.020.000.000.030.020.000.000.000.00

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 50 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 41 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2013

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