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Nurix Therapeutics, Inc. NRIX Contract Liabilities

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Other financials

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

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Market cap$2.65B+259%
Enterprise value$2.64B+275%
P/S72.1×+63.7×

Profitability

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Operating margin-982.4%-1,538pp
Net margin-928.4%-1,403pp
FCF margin-378.7%+24.1pp

Returns & leverage

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

Where this comes from

Reported directly by Nurix Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Nurix Therapeutics, Inc.’s 10-Q, filed July 9, 2026.

Filed
Jul 9, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001549595-26-000040
Line itemMay 31,2026November 30,2025
Deferred revenue, current13,32417,580
Total current liabilities72,02086,471
Operating lease liabilities, net of current portion54,92252,906
Deferred revenue, net of current portion5,97110,011
Total liabilities132,913149,388
Commitments and contingencies (Note 6)
Stockholdersʼ equity:
Preferred stock, $0.001 par value— 10,000,000 shares authorized as of May 31, 2026 and November 30, 2025; no shares issued and outstanding as of May 31, 2026 and November 30, 2025

Item 1. Financial Statements (Unaudited)

FAQ

What is Nurix Therapeutics, Inc.'s contract liabilities?
Nurix Therapeutics, Inc. (NRIX) reported contract liabilities of $5.97M in Q1 2026.
How has Nurix Therapeutics, Inc.'s contract liabilities changed year-over-year?
Nurix Therapeutics, Inc.'s contract liabilities decreased by 72.4% year-over-year, from $21.64M to $5.97M.
What is the long-term trend for Nurix Therapeutics, Inc.'s contract liabilities?
Over 5 years (2020 to 2025), Nurix Therapeutics, Inc.'s contract liabilities has grown at a -30.3% compound annual growth rate (CAGR), from $60.69M to $10.01M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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