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Nurix Therapeutics, Inc. NRIX Internal research and development expenses — R&D

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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:ResearchAndDevelopmentExpense.

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
External clinical development expenses:
Bexobrutideg (NX-5948)$28,192$18,558$52,166$34,278
Zelebrudomide (NX-2127)1,1671,5593,0732,665
NX-16071,7382,3322,9264,292
Internal research and development expenses56,55655,647113,624106,524
Total research and development expenses$87,653$78,096$171,789$147,759

Item 1. Financial Statements (Unaudited)

FAQ

What is Nurix Therapeutics, Inc.'s internal research and development expenses — R&D?
Nurix Therapeutics, Inc. (NRIX) reported internal research and development expenses — R&D of $56.56M in Q1 2026.
How has Nurix Therapeutics, Inc.'s internal research and development expenses — R&D changed year-over-year?
Nurix Therapeutics, Inc.'s internal research and development expenses — R&D increased by 1.6% year-over-year, from $55.65M to $56.56M.
What does internal research and development expenses — R&D mean?
This metric represents the total costs incurred by the company for internal research and development activities focused on the discovery and advancement of novel therapeutic candidates. It captures the investment in proprietary drug development programs, including preclinical studies and clinical trials, essential for building the company's pipeline. Monitoring this expenditure provides insight into the company's commitment to innovation and its long-term strategy for commercializing new medical treatments.

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