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Nurix Therapeutics, Inc. NRIX License 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 license revenue — revenue?
Nurix Therapeutics, Inc. (NRIX) reported license revenue — revenue of $0 in Q1 2026.
How has Nurix Therapeutics, Inc.'s license revenue — revenue changed year-over-year?
Nurix Therapeutics, Inc.'s license revenue — revenue decreased by 100.0% year-over-year, from $30M to $0.
What does license revenue — revenue mean?
This metric represents revenue generated from licensing intellectual property, technology platforms, or drug candidates to third-party partners. It reflects the company's ability to monetize its research and development pipeline through strategic collaborations and milestone payments. This revenue stream is a key indicator of the commercial validation of the company's proprietary drug discovery platform.

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