RECURSION PHARMACEUTICALS, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:59:05Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -386.59M | -376.54M | -299.74M | -120.58M | -198.41M | -51.23M |
| EBITDA | -564.43M | -442.51M | -325.66M | -233.97M | -174.37M | -80.67M |
| Working Capital | 665.14M | 526.80M | 344.97M | 469.55M | 488.06M | 243.34M |
| Net Debt | -674.42M | -494.28M | -340.89M | -498.91M | -284.30M | -249.64M |
| Gross Margin | 4.99% | 23.12% | 4.46% | -21.16% | 100.00% | 100.00% |
| Operating Margin | -867.87% | -814.09% | -785.33% | -616.74% | -1795.79% | -2135.66% |
| Net Margin | -863.35% | -788.02% | -735.99% | -601.05% | -1832.18% | -2196.01% |
| Return on Equity (ROE) | -57.01% | -44.81% | -70.79% | -49.29% | -34.35% | 42.18% |
| Return on Assets (ROA) | -43.74% | -32.01% | -50.19% | -34.15% | -30.55% | -29.14% |
| Current Ratio | 5.50× | 3.81× | 4.70× | 5.68× | 11.46× | 11.53× |
| Debt-to-Equity | 0.06× | 0.10× | 0.11× | 0.10× | 0.00× | -0.06× |
| Effective Tax Rate | 0.02% | 0.24% | 1.22% | 0.00% | 0.00% | — |
| Cash Conversion Ratio | 0.58× | 0.77× | 0.88× | 0.35× | 0.85× | 0.52× |
| Accruals Ratio | -0.19× | -0.07× | -0.06× | -0.22× | -0.05× | -0.14× |
| SBC % of Revenue | 148.93% | 138.83% | 120.03% | 70.05% | 145.82% | 108.33% |
| CapEx Coverage | -25.16× | -20.69× | -24.07× | -2.25× | -3.99× | -7.79× |
| Free Cash Flow Per Share | $-0.86 | $-1.37 | $-1.44 | $-0.69 | $-1.58 | $-2.35 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 74.68M | 58.84M | 44.58M | 39.84M | 10.18M | 3.96M |
| Cost of Goods and Services Sold | 70.95M | 45.24M | 42.59M | 48.27M | 0 | 0 |
| Research and Development Expense | 475.27M | 314.42M | 241.23M | 155.70M | 135.27M | 63.32M |
| Operating Expenses | — | — | — | — | 192.95M | 88.58M |
| Operating Income (Loss) | -648.13M | -479.00M | -350.06M | -245.73M | -182.78M | -84.61M |
| Income Tax Expense (Benefit) | -136.00K | -1.13M | -4.06M | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -644.76M | -463.66M | -328.07M | -239.48M | -186.48M | -87.01M |
| Earnings Per Share, Basic | $-1.44 | $-1.69 | $-1.58 | $-1.36 | $-1.49 | $-3.99 |
| Weighted Average Number of Shares Outstanding, Basic | 447.45M | 274.21M | 207.85M | 175.54M | 125.35M | 21.78M |
| Earnings Per Share, Diluted | $-1.44 | $-1.69 | $-1.58 | $-1.36 | $-1.49 | $-3.99 |
| Weighted Average Number of Shares Outstanding, Diluted | 447.45M | 274.21M | 207.85M | 175.54M | 125.35M | 21.78M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 743.29M | 594.35M | 391.56M | 549.91M | 285.12M | 262.13M |
| Assets, Current | 812.85M | 714.27M | 438.14M | 569.81M | 534.72M | 266.44M |
| Assets | 1.47B | 1.45B | 653.70M | 701.29M | 610.35M | 298.58M |
| Long-term Debt | — | — | — | — | 723.00K | — |
| Liabilities, Current | 147.71M | 187.47M | 93.17M | 100.27M | 46.66M | 23.10M |
| Liabilities | 343.26M | 413.82M | 190.26M | 215.48M | 67.41M | 56.56M |
| Stockholders' Equity Attributable to Parent | 1.13B | 1.03B | 463.44M | 485.81M | 542.94M | -206.29M |
| Common Stock, Shares, Outstanding | 528.18M | 396.80M | 234.27M | 191.02M | 170.27M | 22.31M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -371.81M | -359.17M | -287.78M | -83.52M | -158.61M | -45.40M |
| Payments to Acquire Property, Plant, and Equipment | 6.47M | 13.70M | 11.96M | 37.06M | 39.80M | 5.83M |
| Net Cash Provided by (Used in) Investing Activities | -16.87M | 260.06M | -10.23M | 193.25M | -271.74M | -8.74M |
| Net Cash Provided by (Used in) Financing Activities | 521.53M | 304.12M | 140.13M | 154.34M | 458.54M | 246.13M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -83.54M | -49.45M | -337.13M | -217.43M | -135.81M | -118.13M |
| EBITDA | -108.83M | -88.86M | — | — | -172.04M | -170.82M |
| Working Capital | 579.86M | 665.14M | 559.00M | 423.13M | 442.16M | 526.80M |
| Net Debt | -591.36M | -674.42M | -586.38M | -445.79M | -416.13M | -494.28M |
| Gross Margin | -92.99% | 59.83% | -183.81% | -4.88% | -48.04% | -181.43% |
| Operating Margin | -1985.55% | -304.84% | -3327.57% | -916.75% | -1297.85% | -4042.41% |
| Net Margin | -1815.57% | -304.24% | -3135.32% | -894.23% | -1373.26% | -3935.46% |
| Return on Equity (ROE) | -11.47% | -9.56% | -15.50% | -18.70% | -21.68% | -17.29% |
| Return on Assets (ROA) | -8.77% | -7.33% | -11.59% | -13.20% | -15.51% | -12.35% |
| Current Ratio | 5.47× | 5.50× | 4.60× | 3.58× | 4.11× | 3.81× |
| Debt-to-Equity | 0.06× | 0.06× | 0.07× | 0.09× | 0.09× | 0.10× |
| Effective Tax Rate | 3.77% | -0.02% | -0.00% | 0.00% | 0.08% | -0.00% |
| Cash Conversion Ratio | 0.69× | 0.43× | 2.01× | 1.21× | 0.65× | 0.65× |
| Accruals Ratio | -0.03× | -0.04× | 0.12× | 0.03× | -0.05× | -0.04× |
| SBC % of Revenue | 343.25% | 66.87% | 1690.05% | 323.66% | 244.54% | 677.17% |
| CapEx Coverage | -33.29× | -13.63× | -28.58× | -23.00× | -34.27× | -42.70× |
| Free Cash Flow Per Share | $-0.16 | $-0.11 | $-0.75 | $-0.52 | $-0.34 | $-0.43 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 6.47M | 35.54M | 5.17M | 19.22M | 14.74M | 4.55M |
| Cost of Goods and Services Sold | 12.49M | 14.28M | 14.69M | 20.16M | 21.83M | 12.79M |
| Research and Development Expense | 87.90M | 95.94M | 121.06M | 128.64M | 129.63M | 98.33M |
| Operating Income (Loss) | -128.50M | -108.33M | -172.20M | -176.23M | -191.37M | -183.77M |
| Income Tax Expense (Benefit) | -4.60M | 20.00K | 3.00K | 0 | -158.00K | 7.00K |
| Net Income (Loss) Attributable to Parent | -117.50M | -108.12M | -162.25M | -171.90M | -202.49M | -178.91M |
| Earnings Per Share, Basic | $-0.22 | $-0.17 | $-0.36 | $-0.41 | $-0.50 | $-0.57 |
| Weighted Average Number of Shares Outstanding, Basic | 529.30M | 447.45M | 446.99M | 417.36M | 402.77M | 274.21M |
| Earnings Per Share, Diluted | $-0.22 | $-0.17 | $-0.36 | $-0.41 | $-0.50 | $-0.57 |
| Weighted Average Number of Shares Outstanding, Diluted | 529.30M | 447.45M | 446.99M | 417.36M | 402.77M | 274.21M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 654.47M | 743.29M | 659.84M | 525.11M | 500.45M | 594.35M |
| Assets, Current | 709.56M | 812.85M | 714.11M | 587.16M | 584.14M | 714.27M |
| Assets | 1.34B | 1.47B | 1.40B | 1.30B | 1.31B | 1.45B |
| Liabilities, Current | 129.70M | 147.71M | 155.10M | 164.03M | 141.98M | 187.47M |
| Liabilities | 314.75M | 343.26M | 352.58M | 383.21M | 371.29M | 413.82M |
| Stockholders' Equity Attributable to Parent | 1.02B | 1.13B | 1.05B | 919.15M | 933.95M | 1.03B |
| Common Stock, Shares, Outstanding | 530.63M | 528.18M | 491.80M | 432.83M | 406.41M | 396.80M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -81.10M | -46.07M | -325.74M | -208.38M | -131.96M | -115.43M |
| Payments to Acquire Property, Plant, and Equipment | 258.00K | 1.24M | 5.22M | 4.98M | 1.83M | 1.30M |
| Net Cash Provided by (Used in) Investing Activities | -338.00K | -1.24M | -15.63M | -13.08M | -7.27M | 275.46M |
| Net Cash Provided by (Used in) Financing Activities | -3.47M | 132.01M | 389.53M | 138.19M | 40.53M | 10.64M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (RXRX CIK 0001601830),
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concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.