Company Analysis

Keros Therapeutics, Inc. (KROS)

Nasdaq: KROS · Pharmaceutical Preparations · Lexington, MA · filing with the SEC since 2016
Grade7.4
◀ Past 6.2● Present 7.8▶ Future 8.1
1 est.

The grade of Keros Therapeutics, Inc.

Nine metrics read from its own filings, by tense
Headline grade
7.4/10
◀ Past6.230% of the headline
● Present7.840% of the headline
▶ Future8.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
8.2/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 82nd percentile among 497 sector filers · read for itself

From the record

Keros Therapeutics, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.9/10

What has it actually done, year after year?

+70.3% a year over 7 filed years; profitable in 1 of 7.

weight 45% of this tense · 49th percentile among 323 sector filers · read for its customers

From the record

Keros Therapeutics, Inc.'s 7 filed years say what it did: revenue went from $10 million in fiscal 2019 to $244 million in fiscal 2025, up 70.3% a year; it rose in 2 of 4 years; the deepest fall was 100% from fiscal 2019 to fiscal 2020; net income was positive in 1 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span70.3%top 17% of its family
  • the share of years revenue rosebottom 36% of its family
  • the share of filed years with a profittop 33% of its family
  • the deepest fall from a revenue peak100.0%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.7/10

How has it treated the people who own it?

SI estimate 5.7/10, confidence 35 of 100 (one part).

weight 22% of this tense · 57th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 43% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Keros Therapeutics, Inc.'s shareholder treatment is put at 5.7 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 43% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

7.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
8.7/10

Is it financially healthy right now?

ROE 29%: 29¢ of profit per shareholder dollar. Leverage 10%: owes 10¢ per asset dollar.

weight 45% of this tense · 87th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Keros Therapeutics, Inc. earned about 29 cents of profit for every dollar of shareholders' money. Leverage: it owed about 10 cents per dollar of assets, and net share issuance: its share count grew 1.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 17% of its family
  • return on equitytop 6% of its family
  • the share count against the year beforetop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.3/10

How strong is its position in its industry?

top 17% of 315 in its family; net margin 35.7%.

weight 33% of this tense · 83rd percentile among 315 sector filers · read for its customers

From the record

Keros Therapeutics, Inc.'s standing among 315 graded names in its industry family: revenue of $244 million in fiscal 2025 ranks in the top 26% by size; a net margin of 35.7% ranks in the top 7% (its annual reports).

What it rests on

  • revenue against the family$244Mtop 26% of its family
  • net margin35.7%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.1/10

What are the people in charge doing?

top 49% of 315 in its family for leadership; chief executive since 2020.

weight 22% of this tense · 51st percentile among 315 sector filers · read for its shareholders

From the record

Keros Therapeutics, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Seehra, Jasbir (CHIEF EXECUTIVE OFFICER, as filed), filing under that title since 2020-04-07, 6.6 years (top 31% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 5.9 years (top 44%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 28%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge10 in three years among 15 peoplebottom 28% of its family
  • the median years the people in charge have filed5.9 yearstop 44% of its family
  • the chief executive's years on the record6.6 yearstop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

8.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.5/10

How much room does it have to grow?

top 25% of 273 in its family for room to expand.

weight 45% of this tense · 75th percentile among 273 sector filers · read for itself

From the record

Keros Therapeutics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $289 million against no long-term debt tagged leaves 85.5% of its assets as net cash, top 14% of its family; cash from operations less capital spending is 43.4% of revenue (top 4%); research spending of 53.1% of revenue (bottom 43%) (its annual report).

What it rests on

  • cash less debt against assets85.5%top 14% of its family
  • cash from operations less capital spending against revenue43.4%top 4% of its family
  • research spending against revenue53.1%bottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.8/10

What could actually drive growth from here?

top 22% of 306 in its family for growth drivers.

weight 33% of this tense · 78th percentile among 306 sector filers · read for its customers

From the record

Keros Therapeutics, Inc.'s growth drivers, from the filed years to fiscal 2025: the newest year grew 6794.9% (top 1%); research spending grew 14.1% a year (top 33%); capital spending grew 7.7% a year (top 31%) (its annual reports). Keros Therapeutics, Inc. reported 2 product lines in fiscal 2025: License at $205 million (84%), Service Other at $39 million (16%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • the newest year's revenue growth6794.9%top 1% of its family
  • three-year growth of research spending14.1%top 33% of its family
  • three-year growth of capital spending7.7%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
9.5/10

Did its newest year beat what its own record pointed to?

top 5% of 233 in its family for expectations against reality.

weight 22% of this tense · 95th percentile among 233 sector filers · read for its shareholders

From the record

Keros Therapeutics, Inc.'s newest year against its own record: net income of $87 million against a prior three-year average of $148 million (top 9%); a net margin of 35.7% against losses larger than its revenue before (top 2%) (its annual reports).

What it rests on

  • net income against the prior three years' average+159%top 9% of its family
  • net margin against its prior averageup more than 100 pointstop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton KROS · research, not advice