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Nurix Therapeutics, Inc. NRIX Collaboration revenue — Revenue

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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$2.62B+227%
Enterprise value$2.61B+240%
P/S71.2×+62.1×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended May 31, 2026Three Months Ended May 31, 2025Six Months Ended May 31, 2026Six Months Ended May 31, 2025
Revenue:
Collaboration revenue$9,043$14,056$15,295$32,509
License revenue30,00030,000
Total revenue9,04344,05615,29562,509
Operating expenses:
Research and development87,65378,096171,789147,759
General and administrative15,59414,28230,20525,936
Total operating expenses103,24792,378201,994173,695

Item 1. Financial Statements (Unaudited)

FAQ

What is Nurix Therapeutics, Inc.'s collaboration revenue — revenue?
Nurix Therapeutics, Inc. (NRIX) reported collaboration revenue — revenue of $9.04M in Q1 2026.
How has Nurix Therapeutics, Inc.'s collaboration revenue — revenue changed year-over-year?
Nurix Therapeutics, Inc.'s collaboration revenue — revenue decreased by 35.7% year-over-year, from $14.06M to $9.04M.
What is the long-term trend for Nurix Therapeutics, Inc.'s collaboration revenue — revenue?
Over 3 years (2022 to 2025), Nurix Therapeutics, Inc.'s collaboration revenue — revenue has grown at a 11.8% compound annual growth rate (CAGR), from $38.63M to $53.98M.
What does collaboration revenue — revenue mean?
This metric represents the revenue recognized from strategic partnerships, research collaborations, and licensing agreements with other biopharmaceutical entities. It reflects the company's ability to monetize its proprietary drug discovery platforms and pipeline assets through milestone payments, upfront fees, and cost-sharing arrangements. This revenue stream is a critical indicator of the company's external validation and its capacity to fund internal R&D efforts through non-dilutive capital.

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