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Nurix Therapeutics, Inc. NRIX Brisbane, California — Future minimum lease payments

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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$2.69B+264%
Enterprise value$2.68B+280%
P/S73.1×+64.7×

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:LesseeOperatingLeaseLiabilityPaymentsDue.

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

In May 2025, the Brisbane Lease was amended to include an additional 35,929 square feet of office space located at 1400 Sierra Point Parkway, Brisbane, California. The lease for the additional space commenced in June 2025 when the underlying assets became available for use and the Company recorded a $5.8 million ROU asset and lease liability on the condensed balance sheet. A security deposit of $0.5 million was also recorded in other assets on the condensed balance sheet. The Brisbane Lease, as amended, will expire on September 30, 2031, unless terminated earlier. Future minimum lease payments under the Brisbane Lease, as amended, total $51.6 million, which does not include the payment of additional rent to cover the Company’s share of annual operating and tax expenses and utilities costs for the building.

Item 1. Financial Statements (Unaudited)

FAQ

What is Nurix Therapeutics, Inc.'s brisbane, california — future minimum lease payments?
Nurix Therapeutics, Inc. (NRIX) reported brisbane, california — future minimum lease payments of $51.6M in Q1 2026.
How has Nurix Therapeutics, Inc.'s brisbane, california — future minimum lease payments changed year-over-year?
Nurix Therapeutics, Inc.'s brisbane, california — future minimum lease payments decreased by 1.3% year-over-year, from $52.3M to $51.6M.
What does brisbane, california — future minimum lease payments mean?
This metric aggregates the total undiscounted future cash outflows required under non-cancellable lease agreements for the Brisbane, California facility. It provides a clear view of the company's upcoming fixed contractual obligations over the coming years. Investors use this to forecast cash flow requirements and assess the impact of facility costs on long-term financial health.

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