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Akebia's Q1 2026 revenues rise on Vafseo growth despite net loss; pipeline advances with new trials underway

Company Fundamentals
07 May 2026
GlobeNewsWire
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Bullish
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Akebia Therapeutics reported Q1 2026 net product revenues of $52 million, driven by a 60% increase in patients treated with Vafseo (vadadustat), which generated $15.8 million in revenue. Despite higher revenues from Vafseo, overall revenues declined slightly due to lower sales of Auryxia, leading to a net loss of $9.1 million compared to a net income in Q1 2025. The company is advancing its kidney disease pipeline with ongoing Phase 2 trials for praliciguat in FSGS and plans to start a Phase 2 basket study for AKB-097 in rare kidney diseases later in 2026. Akebia expects topline data from key Vafseo trials in late 2026 and early 2027, aiming to establish Vafseo as a standard treatment for anemia in dialysis patients.

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