CERS on Nasdaq
CERUS CORP
In its 2026 annual report the company says: “We are a biomedical products company focused on developing and commercializing the INTERCEPT Blood System to enhance blood safety. Our INTERCEPT Blood System is intended for use with blood components and certain of their derivatives: platelets, plasma, red blood cells and to produce INTERCEPT Fibrinogen Complex, or IFC, and pathogen reduced plasma, cryoprecipitate reduced.”4 It is headquartered in Concord, California.1 Its shares trade on Nasdaq under the symbol CERS.1
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Last updated Oct 21, 2026.
Overview
Compare with ORTHOPEDIATRICS CORP, LEMAITRE VASCULAR INC or TREACE MEDICAL CONCEPTS, INC., or pick any stock.
- TickerCERS on Nasdaq1
- IndustrySurgical & Medical Instruments & Apparatus1
- HeadquartersConcord, California1
- Incorporated inDE2
- Business address1220 Concord Avenue, Suite 600, Concord, Ca 945202
- Filer categoryAccelerated filer2
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We are a biomedical products company focused on developing and commercializing the INTERCEPT Blood System to enhance blood safety. The INTERCEPT Blood System, which is based on our proprietary technology for controlling biological replication, is designed to reduce blood-borne pathogens in donated blood components intended for transfusion.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Product brought in 88% of the revenue CERUS CORP broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Product | $156.4M | $180.3M | $206.1M |
| Government Contract | $30.4M | $21.1M | $27.7M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin35¢$80.9M
- Other costs65¢$152.5M
- Income tax0¢$354.0K
Out of $233.8M in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending77¢$3.7M
- Kept or used elsewhere23¢$1.1M
Out of $4.8M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $233.8M | $201.3M | $186.8M |
| Research and development | $67.7M | $58.9M | $67.6M |
| Selling, general and administrative | $80.9M | $75.9M | $75.5M |
| Restructuring | $3.7M | ||
| Total operating expenses | $148.6M | $134.8M | $146.9M |
| Loss from operations | -$8.7M | -$14.2M | -$30.1M |
| Foreign exchange (loss) gain | -$1.3M | $370.0K | -$648.0K |
| Interest expense | -$8.3M | -$8.9M | -$8.4M |
| Other income, net | $3.0M | $2.0M | $1.8M |
| Total non-operating expense, net | -$6.6M | -$6.5M | -$7.3M |
| Loss before income taxes | -$15.3M | -$20.8M | -$37.3M |
| Provision for income taxes | $354.0K | $205.0K | $325.0K |
| Net loss | -$15.6M | -$21.0M | -$37.6M |
| Net loss attributable to noncontrolling interest | -$10.0K | -$43.0K | -$158.0K |
| Net loss attributable to Cerus Corporation | -$15.6M | -$20.9M | -$37.5M |
| Basic | -$0.08 | -$0.11 | -$0.21 |
| Diluted | -$0.08 | -$0.11 | -$0.21 |
| Basic | 190.6M shares | 184.6M shares | 180.3M shares |
| Diluted | 190.6M shares | 184.6M shares | 180.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $20.0M | $20.3M |
| Short-term investments | $62.9M | $60.2M |
| Accounts receivable, net | $30.4M | $29.8M |
| Current inventories | $56.1M | $38.1M |
| Prepaid and other current assets | $5.0M | $3.6M |
| Total current assets | $174.4M | $152.0M |
| Property and equipment, net | $9.2M | $7.2M |
| Operating lease right-of-use assets | $10.1M | $8.4M |
| Goodwill | $1.3M | $1.3M |
| Restricted cash | $639.0K | $1.1M |
| Non-current inventories | $15.1M | $14.1M |
| Other assets | $11.0M | $16.8M |
| Total assets | $221.9M | $200.9M |
| Accounts payable | $28.0M | $21.7M |
| Accrued liabilities | $25.3M | $18.9M |
| Debt current | $43.3M | $19.3M |
| Operating lease liabilities current | $2.9M | $2.3M |
| Deferred revenue | $1.3M | $1.4M |
| Total current liabilities | $100.8M | $63.6M |
| Debt non-current | $40.5M | $64.9M |
| Operating lease liabilities non-current | $10.2M | $11.7M |
| Other non-current liabilities | $5.4M | $3.9M |
| Total liabilities | $156.9M | $144.0M |
| Common stock, $0.001 par value; 400,000 and 400,000 shares authorized; 192,142 and 185,766 shares issued and outstanding at December 31, 2025 and 2024, respectively | $192.0K | $186.0K |
| Additional paid-in capital | $1.1B | $1.1B |
| Accumulated other comprehensive loss | -$156.0K | -$400.0K |
| Accumulated deficit | -$1.1B | -$1.1B |
| Total Cerus Corporation stockholders' equity | $64.2M | $56.1M |
| Noncontrolling interest | $741.0K | $751.0K |
| Total liabilities and stockholders' equity | $221.9M | $200.9M |
| Preferred stock, par value | $0.00 | $0.00 |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares |
| Preferred stock, shares issued | 0 shares | 0 shares |
| Preferred stock, shares outstanding | 0 shares | 0 shares |
| Common stock, par value | $0.00 | $0.00 |
| Common stock, shares authorized | 400.0M shares | 400.0M shares |
| Common stock, shares issued | 192.1M shares | 185.8M shares |
| Common stock, shares outstanding | 192.1M shares | 185.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $20.0M | $20.3M |
| Short-term investments | $62.9M | $60.2M |
| Accounts receivable, net | $30.4M | $29.8M |
| Current inventories | $56.1M | $38.1M |
| Prepaid and other current assets | $5.0M | $3.6M |
| Total current assets | $174.4M | $152.0M |
| Property and equipment, net | $9.2M | $7.2M |
| Operating lease right-of-use assets | $10.1M | $8.4M |
| Goodwill | $1.3M | $1.3M |
| Restricted cash | $639.0K | $1.1M |
| Non-current inventories | $15.1M | $14.1M |
| Other assets | $11.0M | $16.8M |
| Total assets | $221.9M | $200.9M |
| Accounts payable | $28.0M | $21.7M |
| Accrued liabilities | $25.3M | $18.9M |
| Debt current | $43.3M | $19.3M |
| Operating lease liabilities current | $2.9M | $2.3M |
| Deferred revenue | $1.3M | $1.4M |
| Total current liabilities | $100.8M | $63.6M |
| Debt non-current | $40.5M | $64.9M |
| Operating lease liabilities non-current | $10.2M | $11.7M |
| Other non-current liabilities | $5.4M | $3.9M |
| Total liabilities | $156.9M | $144.0M |
| Common stock, $0.001 par value; 400,000 and 400,000 shares authorized; 192,142 and 185,766 shares issued and outstanding at December 31, 2025 and 2024, respectively | $192.0K | $186.0K |
| Additional paid-in capital | $1.1B | $1.1B |
| Accumulated other comprehensive loss | -$156.0K | -$400.0K |
| Accumulated deficit | -$1.1B | -$1.1B |
| Total Cerus Corporation stockholders' equity | $64.2M | $56.1M |
| Noncontrolling interest | $741.0K | $751.0K |
| Total liabilities and stockholders' equity | $221.9M | $200.9M |
| Preferred stock, par value | $0.00 | $0.00 |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares |
| Preferred stock, shares issued | 0 shares | 0 shares |
| Preferred stock, shares outstanding | 0 shares | 0 shares |
| Common stock, par value | $0.00 | $0.00 |
| Common stock, shares authorized | 400.0M shares | 400.0M shares |
| Common stock, shares issued | 192.1M shares | 185.8M shares |
| Common stock, shares outstanding | 192.1M shares | 185.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$15.6M | -$21.0M | -$37.6M |
| Depreciation and amortization | $1.4M | $1.9M | $2.6M |
| Stock-based compensation | $22.9M | $22.9M | $20.3M |
| Non-cash operating lease cost | $2.5M | $2.5M | $2.3M |
| Net (gain) loss on sale of available-for-sale securities | -$6.0K | $7.0K | $54.0K |
| Unrealized gain on investments | -$204.0K | -$135.0K | -$170.0K |
| Loss on disposal of fixed assets | $3.0K | $65.0K | |
| Impairment charges for facilities consolidation | $0 | $0 | $1.7M |
| Non-cash interest expense | $398.0K | $398.0K | $374.0K |
| Foreign currency remeasurement loss (gain) | $290.0K | -$388.0K | -$685.0K |
| Accounts receivable | -$396.0K | $5.5M | -$1.1M |
| Inventories | -$14.7M | $7.0M | -$14.9M |
| Prepaid and other assets | -$1.6M | -$3.0M | -$994.0K |
| Accounts payable | $5.7M | -$1.5M | -$7.3M |
| Accrued liabilities and other non-current liabilities | $4.3M | -$2.2M | -$9.1M |
| Deferred revenue | -$124.0K | -$603.0K | $1.4M |
| Net cash provided by (used in) operating activities | $4.8M | $11.4M | -$43.2M |
| Capital expenditures | -$3.7M | -$2.8M | -$4.6M |
| Purchases of investments | -$42.8M | -$43.0M | -$2.5M |
| Proceeds from maturities and sale of investments | $40.3M | $37.7M | $15.7M |
| Net cash (used in) provided by investing activities | -$6.2M | -$8.1M | $8.6M |
| Net proceeds from equity incentives | $595.0K | $804.0K | $925.0K |
| Net costs from public offerings | -$35.0K | -$137.0K | -$175.0K |
| Net (payments on) proceeds from revolving line of credit | -$329.0K | -$703.0K | $5.1M |
| Proceeds from loans, net of issuance costs | $5.0M | $4.8M | |
| Net cash provided by financing activities | $231.0K | $5.0M | $10.7M |
| Effect of exchange rates on cash, cash equivalents, and restricted cash | $336.0K | -$191.0K | -$128.0K |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -$761.0K | $8.0M | -$24.0M |
| Cash paid for interest | $8.5M | $9.3M | $9.2M |
| Cash paid for income taxes | $301.0K | $356.0K | $322.0K |
No quarter-by-quarter statement was filed.
Corporate structure
CERUS CORP sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CERUS CORP
- ARK Investment Management LLC Filed SCHEDULE 13G/A on CERUS CORP, latest Aug 14, 2026 (9 filings since Feb 9, 2022)
- BAKER BROS. ADVISORS LP Filed SCHEDULE 13G/A on CERUS CORP, latest Aug 14, 2026 (6 filings since Feb 14, 2023)
- Soleus Capital Master Fund, L.P. Filed SCHEDULE 13G/A on CERUS CORP, latest Aug 13, 2026 (2 filings since Mar 24, 2026)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on CERUS CORP, latest Mar 26, 2026 (4 filings since Feb 9, 2022)
- BlackRock Filed SC 13G/A on CERUS CORP, latest Jan 26, 2024 (3 filings since Feb 1, 2022)
- Amova Asset Management Americas, Inc. Filed SC 13G/A on CERUS CORP, latest Feb 10, 2023 (2 filings since Feb 14, 2022)
- Sumitomo Mitsui Trust Group Filed SC 13G/A on CERUS CORP, latest Feb 3, 2023 (2 filings since Feb 4, 2022)
- PRIMECAP MANAGEMENT CO/CA/ Filed SC 13G/A on CERUS CORP, latest Jan 9, 2023 (2 filings since Feb 10, 2022)
- CERUS CORP Concord, California
- Cerus Europe B.V Subsidiary · Netherlands
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CERUS CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $28.9M5 Dec 31, 2025 | $25.6M5 Dec 31, 2024 | +12.8% |
| Accumulated depreciation | $19.7M5 Dec 31, 2025 | $18.4M5 Dec 31, 2024 | +6.7% |
| Property and equipment, net | $9.2M5 Dec 31, 2025 | $7.2M5 Dec 31, 2024 | +28.7% |
| Operating-lease assets (leased space) | $10.1M5 Dec 31, 2025 | $8.4M5 Dec 31, 2024 | +20.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $20.0M5 Dec 31, 2025 | $20.3M5 Dec 31, 2024 | −1.5% |
| Marketable securities, current | $62.9M5 Dec 31, 2025 | $60.2M5 Dec 31, 2024 | +4.5% |
| Debt securities available for sale | $64.7M5 Dec 31, 2025 | $62.0M5 Dec 31, 2024 | +4.5% |
Intangibles and goodwill
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $56.1M5 Dec 31, 2025 | $38.1M5 Dec 31, 2024 | +47.1% |
| Raw materials | $8.5M5 Dec 31, 2025 | $8.6M5 Dec 31, 2024 | −1.6% |
| Work in process | $22.7M5 Dec 31, 2025 | $22.5M5 Dec 31, 2024 | +0.7% |
| Finished goods | $40.1M5 Dec 31, 2025 | $21.1M5 Dec 31, 2024 | +89.6% |
Properties, in its own words
Our corporate headquarters, which includes our principal executive offices, is located in Concord, California. We lease this facility, which includes 84,631 square feet and includes laboratory space for blood safety research and supports general administrative, marketing and technical support functions. Of the 84,631 square feet, we ceased using approximately 15,000 square feet of rentable area of corporate office building in the third quarter of 2023. We are currently marketing our vacant space, though there continues to be more supply than demand for office space in the San Francisco Bay Area. We also lease an office facility in Amersfoort, the Netherlands, which is used for selling and administrative functions. We believe that our current and future facilities will be adequate for the foreseeable future.
Item 2 of the 10-K filed Mar 2, 2026.4
Leadership
Who has led CERUS CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerVivek K. Jayaraman Jul 20, 2026 to now13
- Chief executive officerWilliam Mariner Greenman Apr 20, 2011 to Jul 20, 202614
- PresidentCaspar Jan Hogeboom Mar 5, 2013 to Dec 15, 201515
- PresidentWilliam Mariner Greenman Oct 4, 2006 to Mar 5, 201316
- Chief financial officerKevin Dennis Green Mar 5, 2013 to now17
- Chief operating officerVivek K. Jayaraman Dec 28, 2020 to now18
Board members and other officers (26)
- Chief Commercial OfficerVivek K. Jayaraman Oct 25, 2016 to Dec 15, 202019
- Chief Medical OfficerRichard J. Benjamin Jul 30, 2015 to now20
- SR. V.P. Regulatory, ClinicalCarol Moore Apr 23, 2013 to Mar 14, 202421
- Managing Director Cerus EuropeCaspar Jan Hogeboom Mar 11, 2010 to Mar 1, 201222
- Chief Accounting OfficerKevin Dennis Green Mar 26, 2009 to Jan 9, 201323
- Sr. VP Bus. Dev. & MarketingWilliam Mariner Greenman Apr 27, 2009 to Jan 12, 201124
- Chief Medical OfficerLaurence M. Corash Oct 14, 2008 to Mar 14, 202425
- Executive Officer and DirectorClaes Glassell Jan 11, 2006 to Apr 5, 201126
- Vice President, R & DDavid N. Cook Jan 11, 2006 to Oct 3, 200727
- Vice President, Legal AffairsHoward G. Ervin Jan 11, 2006 to Jan 9, 201328
- Board memberDean A. Gregory Jul 2, 2024 to now29
- Board memberHua Shan Jul 12, 2022 to now30
- Board memberAnn Lucena Aug 10, 2021 to now31
- Board memberJami K. Nachtsheim Mar 6, 2019 to now32
- Board memberEric Bjerkholt Oct 9, 2018 to now33
- Board memberFrank Witney Mar 31, 2014 to now34
- Board memberWilliam Mariner Greenman Apr 20, 2011 to now14
- Board memberDaniel N. Swisher Jr. Jun 28, 2011 to now35
- Board memberGail Schulze Nov 1, 2007 to Jun 6, 202436
- Board memberBj Cassin Jan 5, 2006 to Nov 5, 201337
- Board memberBruce C. Cozadd Jan 5, 2006 to Jun 12, 201738
- Board memberTimothy B. Anderson Jan 5, 2006 to Jun 3, 202139
- Board memberWilliam R. Rohn Jan 5, 2006 to Jan 5, 201140
- Board memberClaes Glassell Jan 11, 2006 to Apr 5, 201126
- Board memberLaurence M. Corash Jan 11, 2006 to Mar 14, 201941
- General counselChrystal Menard Dec 12, 2012 to now42
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Cerus Europe B.V Netherlands3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Jul 30, 20268-K Results of operations43
- Jul 20, 2026New chief executive Vivek K. Jayaraman becomes CEO13
- Jul 10, 20268-K Executive or director change44
- Jun 8, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation45
- Jun 3, 20268-K Executive or director change; Shareholder vote46
- Apr 30, 20268-K Results of operations47
- Apr 21, 20268-K Executive or director change48
- Mar 16, 20268-K Executive or director change49
- Mar 2, 20268-K Results of operations50
- Jan 23, 20268-K Executive or director change51
- Jan 12, 20268-K Results of operations52
- Nov 6, 20258-K Results of operations53
- Aug 5, 20258-K Results of operations54
- Apr 20, 2011New chief executive William Mariner Greenman becomes CEO14
Calendar
Coming up
- Nov 2, 2026 · After the closeReports results for the quarter ending Sep/202655
When it reported results
- Jul 30, 2026Reported quarterly or annual results43
- Apr 30, 2026Reported quarterly or annual results47
- Mar 2, 2026Reported quarterly or annual results50
- Jan 12, 2026Reported quarterly or annual results52
- Nov 6, 2025Reported quarterly or annual results53
- Aug 5, 2025Reported quarterly or annual results54
- May 1, 2025Reported quarterly or annual results56
- Feb 20, 2025Reported quarterly or annual results57
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
314 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 47 major events, 161 insider forms, 30 large holders, 56 other. The latest 20:
- Aug 17, 2026144 EDGAR
- Aug 17, 20264 EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Jul 30, 2026S-8 EDGAR
- Jul 30, 202610-Q EDGAR
- Jul 30, 20268-K EDGAR
- Jul 20, 20264 EDGAR
- Jul 16, 2026144 EDGAR
- Jul 10, 20268-K EDGAR
- Jul 2, 20264 EDGAR
- Jul 2, 20264 EDGAR
- Jul 2, 20264 EDGAR
- Jul 2, 20264 EDGAR
- Jun 11, 20264 EDGAR
- Jun 9, 2026144 EDGAR
- Jun 8, 20268-K EDGAR
- Jun 3, 20268-K EDGAR
- Jun 2, 20264 EDGAR
The 314 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
105 open-market trades by officers, directors and large owners since October 2021: 12 buys and 93 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 17, 2026 | Jensen ChrystalChief Legal Officer | Sale | 30,000 | $2.98 | $89.4K | Form 4 |
| Jul 16, 2026 | Jayaraman Vivek KChief Executive Officer | Sale | 16,666 | $3.16 | $52.7K | Form 4 |
| Jun 30, 2026 | Jayaraman Vivek KChief Executive Officer | Sale | 42,359 | $2.94 | $124.5K | Form 4 |
| Jun 30, 2026 | Jensen ChrystalChief Legal Officer | Sale | 24,329 | $2.94 | $71.5K | Form 4 |
| Jun 30, 2026 | Green Kevin DennisChief Financial Officer | Sale | 33,676 | $2.94 | $99.0K | Form 4 |
| Jun 30, 2026 | Greenman William MarinerPresident and CEO | Sale | 101,919 | $2.94 | $299.6K | Form 4 |
| Jun 9, 2026 | BJERKHOLT ERICDirector | Sale | 20,454 | $2.60 | $53.2K | Form 4 |
| May 29, 2026 | Jayaraman Vivek KChief Executive Officer | Sale | 16,667 | $3.00 | $50.0K | Form 4 |
| May 1, 2026 | Jayaraman Vivek KChief Executive Officer | Sale | 16,667 | $3.00 | $50.0K | Form 4 |
| Mar 12, 2026 | Jayaraman Vivek KChief Executive Officer | Sale | 165,200 | $1.66 | $274.2K | Form 4 |
| Mar 12, 2026 | Green Kevin DennisChief Financial Officer | Sale | 127,544 | $1.66 | $211.7K | Form 4 |
| Mar 12, 2026 | Greenman William MarinerPresident and CEO | Sale | 447,757 | $1.66 | $743.3K | Form 4 |
| Mar 12, 2026 | Benjamin Richard JChief Medical Officer | Sale | 101,740 | $1.66 | $168.9K | Form 4 |
| Mar 9, 2026 | Benjamin Richard JChief Medical Officer | Sale | 40,426 | $1.88 | $76.0K | Form 4 |
| Mar 9, 2026 | Benjamin Richard JChief Medical Officer | Sale | 40,426 | $1.88 | $76.0K | Form 4 |
| Mar 6, 2026 | Jayaraman Vivek KChief Executive Officer | Sale | 34,094 | $2.01 | $68.5K | Form 4 |
| Mar 6, 2026 | Jensen ChrystalChief Legal Officer | Sale | 30,845 | $2.01 | $62.0K | Form 4 |
| Mar 6, 2026 | Green Kevin DennisChief Financial Officer | Sale | 27,796 | $2.01 | $55.9K | Form 4 |
| Mar 6, 2026 | Greenman William MarinerPresident and CEO | Sale | 78,187 | $2.01 | $157.2K | Form 4 |
| Mar 6, 2026 | Benjamin Richard JChief Medical Officer | Sale | 24,235 | $2.01 | $48.7K | Form 4 |
All 105 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- ARK Investment Management LLCSCHEDULE 13G/A, 9 filings Feb 9, 2022 to Aug 14, 202658
- BAKER BROS. ADVISORS LPSCHEDULE 13G/A, 6 filings Feb 14, 2023 to Aug 14, 202659
- Soleus Capital Master Fund, L.P.SCHEDULE 13G/A, 2 filings Mar 24, 2026 to Aug 13, 202660
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 9, 2022 to Mar 26, 202661
- BlackRockSC 13G/A, 3 filings Feb 1, 2022 to Jan 26, 202462
- Amova Asset Management Americas, Inc.SC 13G/A, 2 filings Feb 14, 2022 to Feb 10, 202363
- Sumitomo Mitsui Trust GroupSC 13G/A, 2 filings Feb 4, 2022 to Feb 3, 202364
- PRIMECAP MANAGEMENT CO/CA/SC 13G/A, 2 filings Feb 10, 2022 to Jan 9, 202365
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | William M. Greenman | 59 | $793.8K | $3.8M66 |
| 2025 | Vivek Jayaraman | 51 | $565.8K | $2.2M66 |
| 2025 | Kevin D. Green | 54 | $507.4K | $1.8M66 |
| 2025 | Chrystal Jensen | 55 | $487.1K | $1.6M66 |
| 2025 | Richard Benjamin | $508.7K | $1.5M66 | |
| 2024 | President and | $770.0K | $3.0M66 | |
| 2024 | Chief Operating Officer | $548.4K | $1.5M66 | |
| 2024 | Chief Financial Officer | $488.1K | $1.3M66 | |
| 2024 | Chief Medical Officer | $493.1K | $1.1M66 | |
| 2024 | Chief Legal OfficerGeneral | $468.5K | $1.1M66 | |
| 2023 | Chief Executive Officer | $763.8K | $3.7M66 | |
| 2023 | Chief Operating Officer | $544.0K | $1.8M66 | |
| 2023 | Chief Financial Officer | $484.2K | $1.5M66 | |
| 2023 | Chief Medical Officer | $489.1K | $1.3M66 | |
| 2023 | Counsel and Secretary | $464.8K | $1.3M66 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 22,215,127 | $64.9M | 0.0% | +639,708 |
| ARK Investment Management LLC | 17,932,099 | $52.4M | 0.3% | −1,229,049 |
| Vanguard Capital Management LLC | 8,563,424 | $25.0M | 0.0% | +431,646 |
| Baker Bros. Advisors LP | 6,395,431 | $18.7M | 0.1% | −3,612,914 |
| D. E. Shaw & Co., Inc. | 5,485,983 | $16.0M | 0.0% | +1,754,832 |
| Geode Capital Management, LLC | 5,119,019 | $15.0M | 0.0% | +481,579 |
| State Street Corp | 4,753,962 | $13.9M | 0.0% | +539,060 |
| Senvest Management, LLC | 4,614,061 | $13.5M | 0.4% | +500,000 |
| Sumitomo Mitsui Trust Group, Inc. | 4,139,532 | $12.1M | 0.0% | −377,074 |
| Amova Asset Management Americas, Inc. | 4,132,534 | $12.1M | 0.2% | −384,072 |
| Silvercrest Asset Management Group LLC | 4,077,187 | $11.9M | 0.1% | −164,224 |
| Two Sigma Investments, LP | 3,484,633 | $10.2M | 0.0% | +739,612 |
| Silverarc Capital Management, LLC | 3,472,737 | $10.1M | 1.1% | +296,190 |
| Wasatch Advisors LP | 3,383,899 | $9.9M | 0.1% | −1,897,237 |
| Mackenzie Financial Corp | 3,002,694 | $8.8M | 0.0% | +2,961,958 |
| Vanguard Portfolio Management LLC | 2,768,990 | $8.1M | 0.0% | +849,923 |
| Soleus Capital Management, L.P. | 2,500,000 | $7.3M | 0.3% | −8,253,700 |
| Ieq Capital, LLC | 2,406,330 | $7.0M | 0.0% | −36,911 |
| Goldman Sachs Group Inc | 2,317,802 | $6.8M | 0.0% | −450,801 |
| Aqr Capital Management LLC | 1,878,275 | $5.5M | 0.0% | −234,957 |
| Charles Schwab Investment Management Inc | 1,733,553 | $5.1M | 0.0% | +103,484 |
| Northern Trust Corp | 1,697,977 | $5.0M | 0.0% | +212,887 |
| Algert Global LLC | 1,491,119 | $4.4M | 0.1% | +1,372,243 |
| Vanguard Fiduciary Trust Co | 1,427,346 | $4.2M | 0.0% | +123,248 |
| Fmr LLC | 1,412,678 | $4.1M | 0.0% | +206,941 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How CERUS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCERUS CORP1
- CIK0001020214
- Employer ID (EIN)68-02620114
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)3841 Surgical & Medical Instruments & Apparatus1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address1220 Concord Avenue, Suite 600, Concord, CA 945201
- Phone92528860001
- Shares outstanding201,524,898 as of Jul 16, 202611
- Public float$230.0M as of Jun 30, 20254
- AuditorErnst & Young LLP, San Francisco, California PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceSep 4, 19961
- Filings1,510 in all: 4 (658), 8-K (254), SC 13G/A (95), 10-Q (89), CT ORDER (59), DEF 14A (29), 10-K (27), SC 13G (27)1
All 47 form types
S-8 (26), 424B5 (23), DEFA14A (22), 4/A (21), 144 (20), 3 (18), UPLOAD (16), ARS (14), CORRESP (13), SD (13), S-3 (11), S-3/A (11), SCHEDULE 13G/A (9), EFFECT (6), 10-K/A (4), 3/A (4), 424B3 (4), SC 13D/A (4), PRE 14A (3), S-1/A (3), SC 13D (3), 10-K405 (2), 10-Q/A (2), 424B4 (2), 8-A12G (2), S-3MEF (2), SEC STAFF LETTER (2), 15-12G (1), 8-A12G/A (1), 8-K/A (1), DEFR14A (1), FWP (1), NTN 10K (1), POS AM (1), POSASR (1), REGDEX (1), S-1 (1), S-3ASR (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Mar 2, 2026
Quarterly report (10-Q) Jul 30, 2026
Proxy statement (DEF 14A) Apr 22, 2026
Latest 8-K (8-K) Jul 30, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock | CERS | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 2, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks CERUS CORP names in Item 1A of its 10-K filed Mar 2, 2026: 39 risks under these headings, as written.4
- Risks Related to Our Business and Industry
- We depend substantially upon the commercial success of the INTERCEPT Blood System for platelets, plasma and cryoprecipitation in the U.S., and our inability to successfully commercialize the INTERCEPT Blood System in the U.S. would have a material adverse effect on our business, financial condition, results of operations and growth prospects.
- The INTERCEPT Blood System may not achieve or be able to sustain broad market adoption.
- We are exposed to risks associated with the highly concentrated market for the INTERCEPT Blood System.
- We may be unable to develop and maintain an effective and qualified U.S.-based commercial organization or educate blood centers, clinicians and hospital personnel. As a result, we may not be able to successfully educate the market on the value of pathogen reduction or commercialize our products in the U.S.
- We have very limited experience selling directly to hospitals or expertise complying with regulations governing finished biologics, and our inability to successfully commercialize the INTERCEPT Blood System for cryoprecipitation in the U.S. would have a material adverse effect on our business, financial condition, results of operations and growth prospects.
- We may be liable and we may need to withdraw our products from the market if our products harm people. We may be liable if an accident occurs in our controlled use of hazardous materials. Our insurance coverage may be inadequate to offset losses we may incur.
- A recall of our products, either voluntarily or at the direction of the FDA, the competent authorities of an EU Member State, or another governmental authority, including foreign regulatory authority or the discovery of serious safety issues with our products that leads to corrective actions, could have a significant adverse impact on us.
- If our competitors develop products superior to ours, market their products more effectively, or receive regulatory approval or certification before our products, our commercial opportunities could be reduced or be eliminated. Competitors have and may continue to file claims in order to impede the marketability of our products, regardless of the merit of such claims.
- Our platelet and plasma products and product candidates are not compatible with some collection, production and storage methods or combinations thereof. Further, blood centers using INTERCEPT must have access to those certain devices, blood bags, assays or platelet additive solutions that are compatible with our products.
- Clinical trials are costly and time consuming, may take longer than we expect or may not be completed at all, and their outcomes are uncertain. A failure to generate data in clinical trials to support expanded label claims or to support marketing approvals or certification for our product candidates could materially and adversely affect our business, financial condition, results of operations and growth prospects.
- The red blood cell system is currently in development and may never receive any marketing approvals or CE Certificates of Conformity.
The other 28 risks
- Risks Related to Regulatory Approval, CE Certificates of Conformity, and Oversight, and Other Legal Compliance Matters
- Our company, our products, and blood products treated with the INTERCEPT Blood System are subject to extensive regulation by domestic authorities, foreign authorities and Notified Bodies.
- If we or our third-party suppliers fail to comply with the FDA’s or other regulatory authorities’ or foreign regulatory authorities’ good manufacturing practice regulations, it could impair our ability to market our products in a cost-effective and timely manner.
- If we modify our FDA-approved or CE Marked products, we may need to seek additional approvals, or certification, which, if not granted, would prevent us from selling our modified products.
- We are subject to federal, state and foreign laws governing our business practices which, if violated, could result in substantial penalties and harm our reputation and business.
- Legislative, regulatory, or other healthcare reforms may make it more difficult and costly for us to obtain regulatory approval or CE Certificates of Conformity for our products and to produce, market and distribute our products after approval or certification is obtained.
- Risks Related to Government Contracts
- Unfavorable provisions in government contracts, including in our contracts with BARDA and DoD, may harm our business, financial condition and operating results.
- Laws and regulations affecting government contracts, including our agreements with BARDA and DoD, make it more costly and difficult for us to successfully conduct our business. Failure to comply with laws and regulations could result in significant civil and criminal penalties and adversely affect our business.
- Risks Related to Our Reliance on Third Parties
- We rely on third parties to market, sell, distribute and maintain our products and to maintain customer relationships in certain countries.
- Our manufacturing supply chain exposes us to significant risks.
- Obsolescence or shortage of raw materials, key components of and accessories to the INTERCEPT Blood System, may impact our ability to supply our customers, may negatively impact the operational costs of our customers and may increase the prices at which we sell our products, resulting in slower than anticipated growth or negative future financial performance.
- Risks Related to Our Financial Condition and Capital Requirements
- We expect to continue to generate losses and we may never achieve a profitable level of operations.
- If we fail to obtain the capital necessary to fund our future operations or if we are unable to generate sufficient positive cash flows from our operations, we will need to curtail planned development or sales and commercialization activities.
- Covenants in our Term Loan Credit Agreement and Revolving Loan Credit Agreement can restrict our business and operations in many ways and if we do not effectively manage our covenants, our financial conditions and results of operations could be adversely affected. In addition, our operations may not provide sufficient cash to meet the repayment obligations of our debt incurred under the Term Loan Credit Agreement and Revolving Loan Credit Agreement.
- Risks Related to Managing Our Growth and Other Business Risks
- We operate a complex global commercial organization, with limited experience in many countries. We have limited resources and experience complying with regulatory, legal, tax and political complexities as we expand into new and increasingly broad geographies. We may be distracted by expansion into new geographies where we do not have experience and we may be unsuccessful in monetizing such opportunities for the benefit of our organization at large.
- Adverse market and economic conditions may exacerbate certain risks affecting our business.
- Risks associated with our operations outside of the United States could adversely affect our business.
- If we fail to attract, retain and motivate key personnel or to retain the members of our executive management team, our operations and our future growth may be adversely affected.
- Virtually all of our research and development activities and the significant majority of our general and administrative activities are performed in or managed from a single site that may be subject to lengthy business interruption in the event of a severe earthquake. We also may suffer loss of computerized information and may be unable to make timely filings with regulatory agencies in the event of catastrophic failure of our data storage and backup systems.
- Disruptions or other compromises of information technology systems or actual or perceived breaches of data security could adversely affect our business.
- Uncertainties in the interpretation and application of existing, new and proposed tax laws and regulations could materially affect our tax obligations and effective tax rate.
- Our ability to use our net operating loss carryforwards and certain other tax attributes is uncertain and may be limited.
- Risks Related to Our Intellectual Property
- We may not be able to protect our intellectual property or operate our business without infringing intellectual property rights of others.
- Risks Related to Our Common Stock
- Our stock price is volatile and your investment may suffer a decline in value.
- The exclusive forum provisions in our amended and restated bylaws could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or any of our directors, officers or employees, or our stockholders, or the underwriters of any offering giving rise to such claim, which may discourage lawsuits with respect to such claims.
- Because we do not anticipate paying any cash dividends on our common stock in the foreseeable future, capital appreciation, if any, will be your sole source of gain.
- General Risk Factors
- We are obligated to develop and maintain proper and effective internal control over financial reporting. In the future, we may not complete our analysis of our internal control over financial reporting in a timely manner, or these internal controls may not be determined to be effective, which may adversely affect investor confidence in our company and, as a result, the value of our common stock.
- Provisions of our charter documents, our compensatory arrangements and Delaware law could make it more difficult for a third-party to acquire us, even if the offer may be considered beneficial by our stockholders.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARCERUS CORP filings on SEC EDGAR
- 2SEC EDGARCERUS CORP filings on SEC EDGAR
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- 4
- 5SEC EDGARCERUS CORP 10-K for fiscal 2025
- 6SEC EDGARCERUS CORP 10-K for fiscal 2019
- 7SEC EDGARCERUS CORP 10-K for fiscal 2020
- 8SEC EDGARCERUS CORP 10-K for fiscal 2021
- 9SEC EDGARCERUS CORP 10-K for fiscal 2022
- 10SEC EDGARCERUS CORP 10-Q for fiscal 2026
- 11SEC EDGARCERUS CORP 10-Q for fiscal 2026
- 12SEC EDGARCERUS CORP 10-K for fiscal 2019
- 13
- 14
- 15SEC EDGARCaspar Jan Hogeboom, President
- 16SEC EDGARWilliam Mariner Greenman, President
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- 21
- 22
- 23
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- 25
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- 27SEC EDGARDavid N. Cook, Vice President, R & D
- 28
- 29SEC EDGARDean A. Gregory, Board member
- 30SEC EDGARHua Shan, Board member
- 31SEC EDGARAnn Lucena, Board member
- 32SEC EDGARJami K. Nachtsheim, Board member
- 33SEC EDGAREric Bjerkholt, Board member
- 34SEC EDGARFrank Witney, Board member
- 35SEC EDGARDaniel N. Swisher Jr., Board member
- 36SEC EDGARGail Schulze, Board member
- 37SEC EDGARBj Cassin, Board member
- 38SEC EDGARBruce C. Cozadd, Board member
- 39SEC EDGARTimothy B. Anderson, Board member
- 40SEC EDGARWilliam R. Rohn, Board member
- 41SEC EDGARLaurence M. Corash, Board member
- 42SEC EDGARChrystal Menard, General counsel
- 43SEC EDGARResults of operations
- 44SEC EDGARExecutive or director change
- 45
- 46
- 47SEC EDGARResults of operations
- 48SEC EDGARExecutive or director change
- 49SEC EDGARExecutive or director change
- 50SEC EDGARResults of operations
- 51SEC EDGARExecutive or director change
- 52SEC EDGARResults of operations
- 53SEC EDGARResults of operations
- 54SEC EDGARResults of operations
- 55NasdaqNasdaq calendar
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- 57
- 58
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- 61
- 62SEC EDGARBlackRock SC 13G/A on CERUS CORP
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