The Tip Desk

Akebia Therapeutics, Inc.

Company Stats

Market Cap
$254.9M
as of Sep 30, 2026
Enterprise Value
$122.5M
Shares Outstanding
277.1M
Free Float
93.4%

Income Statement

Revenue
$236.2M
Operating Income
$23.5M
Net Income
-$5.3M
EBITDA
$24.8M
Revenue Growth, 3Y
-6.9%
FCF Margin, 3Y Avg
-2.9%
FCF Margin, Worst Year
-25.4%

Cash Flow

Free Cash Flow
$67.7M
FCF Yield
26.6%
Owner FCF Yield
22.1%

Balance Sheet

Cash & Equivalents
$184.8M
Total Debt
$52.4M
Net Cash
$132.4M
EV / EBITDA
4.95x

Returns & Capital

SBC, 3Y Avg
$9.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$236.2M$67.7M28.7%
FY2024$160.2M-$40.7M-25.4%
FY2023$194.6M-$23.4M-12.0%
FY2022$292.5M-$73.3M-25.1%

Annual filing data through FY ended December 31, 2025; shares and float as of October 31, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage