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Nurix Therapeutics, Inc.

NRIX

Nurix Therapeutics is a clinical-stage biopharmaceutical company specializing in the discovery and development of targeted protein degradation medicines for cancer and inflammatory diseases.

Market cap
$2.45B+206%
Revenue$36.8M-58.4%
Net income-$341.4M-64.6%
Free cash flow-$304.5M-34.9%
EPS (diluted)-$3.46-32.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 8, 2026 (in 2 months)
Revenue estimate$19.2M
EPS estimate-$0.65

Financials

Q2 2026

Income statement

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Revenue$9.0M-79.5%
Operating income-$94.2M-95.0%
Net income-$89.5M-106%
EPS (diluted)-$0.81-55.8%

Balance sheet

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Cash & equivalents$68.7M-19.4%
Total debt$58.1M+12.0%
Total equity$402.6M-10.0%
Total assets$535.5M-9.5%

Cash flow

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Operating cash flow-$96.6M-52.9%
CapEx$1.9M-27.6%
Free cash flow-$98.5M-49.6%

Valuation & ratios

Valuation

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Market cap$2.45B+206%
Enterprise value$2.44B+195%
P/S66.6×+56.8×

Profitability

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Operating margin-982.4%-1,538pp
Net margin-928.4%-1,403pp

Returns & leverage

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Return on equity-80.3%+113pp
Debt / equity0.1×0.0×
Current ratio6.3×-0.5×

Competitors

Profile

Nurix Therapeutics is a clinical-stage biopharmaceutical company specializing in the discovery and development of targeted protein degradation medicines for cancer and inflammatory diseases. The company utilizes a proprietary AI-integrated discovery engine and E3 ligase expertise to create small molecules and degrader antibody conjugates that modulate protein levels. Their platform aims to address previously undruggable targets by leveraging DNA-encoded libraries and machine learning to accelerate drug design.

Competitive position

A leader in the targeted protein degradation space with a specialized AI-driven DNA-encoded library (DEL) platform and a robust pipeline of first-in-class candidates.

GeographiesUnited States
Customer segmentsLarge Pharmaceutical Companies, Clinical Trial Patients
Business modelR&D intensive, Licensing and Collaboration, Drug Discovery Platform
SuppliersAI and machine learning infrastructure, DNA-encoded library (DEL) technology, Laboratory equipment suppliers, Contract manufacturing organizations
CustomersGilead Sciences, Sanofi, Pfizer, Specialty oncology clinics, Hospitals
Listed2020
Employees284.0
CEOArthur T. Sands
FilingsSEC EDGAR

FAQ

What is Nurix Therapeutics, Inc.'s market cap?
Nurix Therapeutics, Inc. (NRIX) has a market capitalization of $2.4B and trades on NASDAQ.
What is Nurix Therapeutics, Inc.'s revenue and profitability?
Nurix Therapeutics, Inc. generated $36.8M in trailing twelve-month revenue with a net loss of $341.4M, representing a net margin of -928.4%, with free cash flow of -$304.5M. These figures are based on the Q2 2026 filing.
Who are Nurix Therapeutics, Inc.'s competitors?
Nurix Therapeutics, Inc.'s key competitors include Arvinas, Inc., Kymera Therapeutics, Inc., C4 Therapeutics, Inc., and others. These companies compete in similar markets and product categories.
Who does Nurix Therapeutics, Inc. partner with?
Nurix Therapeutics, Inc.'s notable partners include Gilead Sciences, Inc., Sanofi S.A., Pfizer Inc..
Where is Nurix Therapeutics, Inc. headquartered?
Nurix Therapeutics, Inc. is headquartered in United States of America and employs approximately 284 people. It has been publicly traded since 2020.