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Segments

By product

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Internal research and development expenses$56.56M+1.6%
Bexobrutideg (NX-5948)$28.19M+51.9%
NX-1607$1.74M-25.5%
Zelebrudomide (NX-2127)$1.17M-25.1%

By segment

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Reportable Segment$87.65M+12.2%

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
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
Loss from operations(94,204)(48,322)(186,699)(111,186)
Interest and other income, net4,3985,6189,71912,131

Item 1. Financial Statements (Unaudited)

FAQ

What is Nurix Therapeutics, Inc.'s R&D?
Nurix Therapeutics, Inc. (NRIX) reported R&D of $87.65M in Q1 2026.
How has Nurix Therapeutics, Inc.'s R&D changed year-over-year?
Nurix Therapeutics, Inc.'s R&D increased by 12.2% year-over-year, from $78.1M to $87.65M.
What is the long-term trend for Nurix Therapeutics, Inc.'s R&D?
Over 4 years (2021 to 2025), Nurix Therapeutics, Inc.'s R&D has grown at a 28.4% compound annual growth rate (CAGR), from $116.43M to $316.9M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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