Erasca, Inc.

ERASNASDAQHealthcare● Active

$12.62

+$0.65(+5.47%)

Market Cap$3.9B

P/E Ratio—

52W High$24.28

52W Low$1.21

Avg Volume6.9M

Open$12.53

Beta0.73

Free Cash Flow Financials Revenue

Erasca, Inc. (ERAS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ERAS · free cash flow · updated Jun 8, 2026

Core FCF metrics

ERAS · FCF · TTM · margin & CAGR

Free cash flow was −$95.6M for FY2025 (fiscal year ending 2025-12-31), up 27.6% year-over-year

FY2025 Free Cash Flow−$95.6M▲ +27.6% YoY

Trailing 12M (TTM)−$91.4Mtrailing 4 quarters sum

FCF Margin——

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ERAS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$95.5M(0M)−$95.6M▲ +27.6%—

FY2024−$109.4M(23M)−$132.0M▼ 28.1%—

FY2023−$101.2M(2M)−$103.0M▲ +14.0%—

FY2022−$103.3M(17M)−$119.8M▼ 21.7%—

FY2021−$79.6M(19M)−$98.5M▼ 38.0%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ERAS · P/FCF · FCF yield · FCF per share

Erasca, Inc. (ERAS) reported negative free cash flow of −$0.10B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ERAS · cash flow statement · operating / investing / financing

For FY2025, Erasca, Inc. generated −$95.5M in operating cash flow and spent 0M in capital expenditures, yielding −$95.6M in free cash flow.

Operating Activities

−$95.5M

Cash from core business operations

2025-12-31

Investing Activities

+$100.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$95.5M) − |CapEx| (0M) = FCF (−$95.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

ERAS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Erasca, Inc.YOU

ERAS

−$95.6M+27.6%—

Loss

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Erasca, Inc. (ERAS) reported free cash flow of −$95.6M for FY2025 (fiscal year ending 2025-12-31), up 27.6% year-over-year.

Erasca, Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 7 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ERAS free cash flow · 8 questions

Erasca, Inc. free cash flow was −$95.6M for FY2025, up 27.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$91.4M.

ERAS free cash flowERAS FCFERAS FCF 2025ERAS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Erasca, Inc. · Erasca, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026