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VRDN · Viridian Therapeutics, Inc.\DE · Financials

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$22.79 -0.22 (-0.96%)
Market Cap
$2.59B
Shares
113.29M
Volume · Oct 21 1.92M Avg daily vol (3M) 1.8M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$70.85M +23359.9%
FY2025 Revenue FY2013–FY2025
Net Income
-$342.6M -26.9%
FY2025 Net Income FY2013–FY2025
Gross Margin
26.72% -30pp
FY2016 Gross Margin FY2013–FY2016
Operating Margin
-512.91% +98505.3pp
FY2025 Operating Margin FY2013–FY2025
Diluted EPS
-$5.31 -31.1%
FY2023 Diluted EPS FY2020–FY2023
Operating Cash Flow
-$276.39M -19%
FY2025 Operating Cash Flow FY2013–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013
$71.13M $70.85M $302K $314K $1.77M $2.96M $1.05M $4.46M $8.39M $4M $3.48M $5.71M $6.48M $5.49M
— — — — — — — — — — $2.55M $2.47M $3.37M $2.78M
— — — — — — — — — — $929K $3.23M $3.12M $2.71M
— — — — — — — — — — 26.72% 56.68% 48.09% 49.41%
$324.68M $338.93M $238.25M $159.77M $100.89M $56.89M $28.3M $34.79M $30.42M $19.62M $13.69M $1M $347K $225K
— — — — — — — — — — $1.67M $2.56M $717K $349K
$77.23M — $61.08M $95M $35.18M $25.81M $13.27M $11.65M $11.05M $10.91M $6.77M $7.69M $6.86M $1.41M
— $95.32M $61.08M $95M — — — — — — — — — —
$468K $460K $540K $522K $255K $120K $239K $288K $281K $308K $341K $184K $144K $148K
— — — — — — $300K $2M — — — — — —
$476.33M $434.24M $299.34M $254.76M $136.08M $82.69M $111.43M $46.44M $41.47M $30.54M $20.46M $13.73M $11.19M $4.51M
— — — — — — — — — — $15.85M $13.73M — —
-$405.2M -$363.4M -$299.04M -$254.45M -$134.3M -$79.73M -$110.38M -$41.98M -$33.08M -$26.53M -$16.99M -$11.19M -$6.87M -$197K
— -512.91% -99018.21% -81035.03% -7579.23% -2690.79% -10512.38% -941.02% -394.51% -662.8% -488.55% -196.06% -105.91% -3.59%
-$404.73M -$362.94M -$298.5M -$253.93M -$134.05M -$79.61M -$110.14M -$41.69M -$32.8M -$26.22M -$16.65M -$11M -$6.72M -$49K
$15.65M $4.95M $2.2M $1.33M $500K — — — — — $95K $141K $1.02M $1.96M
$29.68M $27.4M $31.6M $18.24M — — — — — — — — — —
$18.23M $20.79M $29.09M $16.72M $4.43M $315K $173K $941K $1.25M $403K $39K — — —
— $0 — — — — — — — — — $0 $0 —
-$386.97M -$342.6M -$269.95M -$237.73M -$129.87M -$79.41M -$110.72M -$41.87M -$32.7M -$26.51M -$17.27M -$11.33M -$7.89M -$2.16M
— -483.57% -89387.09% -75711.46% -7329.23% -2680.16% -10544.29% -938.65% -389.97% -662.3% -496.81% -198.53% -121.68% -39.34%
-$86.65M — — — — -$79.41M -$110.72M -$41.87M -$32.7M -$26.52M -$17.32M — -$7.89M -$2.45M
-$388.2M -$342.14M -$270.3M -$237.01M -$130.11M -$79.56M -$110.72M -$41.87M -$32.71M -$26.51M — — — —
USD/shares -$4.30 — — -$5.31 -$4.05 -$6.66 -$31.13 — — — — — — —
USD/shares -$4.30 — — -$5.31 -$4.05 -$6.66 -$31.13 — — — — — — —
shares — — — 44.76M 32.09M 11.92M 3.56M 2.09M 1.97M 1.28M 40.93K 35.96K 150.39K 13.33K
shares — — — 44.76M 32.09M 11.92M 3.56M 2.09M 1.97M 1.28M 40.93K 35.96K 150.39K 13.33K
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current operating lease liabilities 2026-06-30 USD 722,000 10-Q filed 2026-08-06
Noncurrent convertible notes payable 2026-06-30 USD 242,159,000 10-Q filed 2026-08-06
Noncurrent other long-term debt 2026-06-30 USD 113,642,000 10-Q filed 2026-08-06
Noncurrent secured debt 2026-06-30 USD 0 10-Q filed 2026-08-06
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Some sections could not be verified in 2 agreement documents. Other restrictions or tests may apply.

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

1.75% Convertible Senior Notes due 2032

Note · Viridian Therapeutics, Inc.

Reference: 1.75% Convertible Senior Notes due 2032

Active
Original principal
USD 250,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
May 15, 2032

Last reported interest terms: 1.75% Reported 2026-05-11 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-05-11 Original principal USD 250,000,000 Exact source document Parent 8-K filing · 2026-05-11
    On May 11, 2026, Viridian Therapeutics, Inc. (the “Company”) completed its public offering (the “Convertible Notes Offering”) of $250,000,000 aggregate principal amount of its 1.75% Convertible Senior Notes due 2032 (the “Notes”), including the exercise in full of the underwriters’ option to purchase up to an additional $25.0 million aggregate principal amount of the Notes, solely to cover over-allotments. The Notes were issued pursuant to, and are governed by, an indenture (the “Base Indenture”), dated as of May 11, 2026, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), as supplemented by a first supplemental indenture (the “Supplemental Indenture,” and the Base Indenture, as supplemented by the Supplemental Indenture, the “Indenture”), dated as of May 11, 2026, between the Company and the Trustee.
    Issuer evidence: On May 11, 2026, Viridian Therapeutics, Inc. (the “Company”) completed its public offering (the “Convertible Notes Offering”) of $250,000,000 aggregate principal amount of its 1.75% Convertible Senior Notes due 2032 (the “Notes”), including the exercise in full of the underwriters’ option to purchase up to an additional $25.0 million aggregate principal amount of the Notes, solely to cover over-allotments. The Notes were issued pursuant to, and are governed by, an indenture (the “Base Indenture”), dated as of May 11, 2026, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), as supplemented by a first supplemental indenture (the “Supplemental Indenture,” and the Base Indenture, as supplemented by the Supplemental Indenture, the “Indenture”), dated as of May 11, 2026, between the Company and the Trustee.
    Supporting evidence: The Notes are general, unsecured, senior obligations of the Company. The Notes will accrue interest payable semiannually in arrears on May 15 and November 15 of each year, beginning on November 15, 2026, at a rate equal to 1.75% per year. In addition, special interest will accrue on the Notes upon the occurrence of certain events relating to the Company’s failure to file certain reports with the U.S. Securities and Exchange Commission (the “SEC”) as provided in the Indenture and as described below. The Notes will mature on May 15, 2032 (the “Maturity Date”), unless earlier converted, redeemed or repurchased by the Company.
    Supporting evidence: On May 11, 2026, Viridian Therapeutics, Inc. (the “Company”) completed its public offering (the “Convertible Notes Offering”) of $250,000,000 aggregate principal amount of its 1.75% Convertible Senior Notes due 2032 (the “Notes”), including the exercise in full of the underwriters’ option to purchase up to an additional $25.0 million aggregate principal amount of the Notes, solely to cover over-allotments. The Notes were issued pursuant to, and are governed by, an indenture (the “Base Indenture”), dated as of May 11, 2026, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), as supplemented by a first supplemental indenture (the “Supplemental Indenture,” and the Base Indenture, as supplemented by the Supplemental Indenture, the “Indenture”), dated as of May 11, 2026, between the Company and the Trustee.
    Supporting evidence: On May 11, 2026, Viridian Therapeutics, Inc. (the “Company”) completed its public offering (the “Convertible Notes Offering”) of $250,000,000 aggregate principal amount of its 1.75% Convertible Senior Notes due 2032 (the “Notes”), including the exercise in full of the underwriters’ option to purchase up to an additional $25.0 million aggregate principal amount of the Notes, solely to cover over-allotments. The Notes were issued pursuant to, and are governed by, an indenture (the “Base Indenture”), dated as of May 11, 2026, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), as supplemented by a first supplemental indenture (the “Supplemental Indenture,” and the Base Indenture, as supplemented by the Supplemental Indenture, the “Indenture”), dated as of May 11, 2026, between the Company and the Trustee.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
39.15×
Peer median 9.74×
EV/EBIT
—
Peer median 18.39×
P/E (TTM)
—
Peer median 17.88×

Peer medians compare against the 227 similar-size Biotechnology companies (of 560 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023
Reportable Segment $70,000,000 $0 $0

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2021 FY2020 FY2019
License $70,000,000 $0 $0 — — —
Collaboration $849,000 $302,000 $314,000 — — —
Collaboration Revenue — — — — — $4,308,000
Reimbursement Revenue — — — — — $4,308,000
Grant — — — $0 $315,000 $153,000
Collaboration Revenue — — — $2,963,000 $735,000 —
Key facts CIK 1590750 CUSIP 92790C104 13F (30d) 13 filings 13 filers Visit website Investor relations