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Nuvation Bio

NUVB

Nuvation Bio is a global oncology company focused on developing novel small molecule therapies for difficult-to-treat cancers.

Market cap
$2.32B+183%
Revenue$143.0M+1,206%
Net income-$146.0M+75.9%
Free cash flow-$133.7M+15.0%
EPS (diluted)-$0.43+80.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$26.5M
EPS estimate-$0.15

Financials

Q1 2026

Income statement

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Revenue$83.2M+2,599%
Operating income$3.9M+107%
Net income$5.4M+110%
EPS (diluted)$0.01+106%

Balance sheet

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Cash & equivalents$125.4M+161%
Total debt$57.2M+401%
Total equity$319.6M-23.8%
Total assets$610.2M+23.9%

Cash flow

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Operating cash flow$5.1M+112%
CapEx$48.0K-33.3%
Free cash flow$5.0M+112%

Valuation & ratios

Valuation

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Market cap$2.32B+183%
Enterprise value$2.25B+232%
P/S16.2×-44.2×

Profitability

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Operating margin-105%-52.0pp
Net margin-102.1%-50.6pp
FCF margin-93.5%-45.2pp

Returns & leverage

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Return on equity-39.5%-15.8pp
Debt / equity0.2×+0.2×
Current ratio7.4×-1.6×

Segments

By product

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License$64.7M+1,999%
Product Revenue$18.5M+2,213%
Royalty Revenue$1.4M+600%
Research And Development Service Revenue$700.0K-63.2%

Competitors

Profile

Nuvation Bio is a global oncology company focused on developing novel small molecule therapies for difficult-to-treat cancers. The company leverages medicinal chemistry expertise to target validated pathways, aiming to improve efficacy and overcome safety limitations of existing standard-of-care treatments.

Competitive position

Nuvation Bio is transitioning to a commercial-stage entity with the launch of IBTROZI, positioning itself as a developer of potential best-in-class therapies for ROS1-positive lung cancer.

GeographiesUnited States, China, Japan, European Union
Customer segmentsPatients, Pharmaceutical partners
Business modelProduct development and commercialization, Licensing and royalties
SuppliersContract Manufacturing Organizations (CMOs), Third-party API suppliers, Academic research institutions
CustomersSpecialty distributors, Hospitals, Oncology clinics, International licensing partners
Listed2021
Employees159.0
CEODavid T. Hung
FilingsSEC EDGAR

Questions, answered.

What is Nuvation Bio's market cap?
Nuvation Bio (NUVB) has a market capitalization of $2.3B and trades on NYSE.
What is Nuvation Bio's revenue and profitability?
Nuvation Bio generated $143.0M in trailing twelve-month revenue with a net loss of $146.0M, representing a net margin of -102.1%. Gross margin stands at 54.3%, with free cash flow of -$133.7M. These figures are based on the Q1 2026 filing.
Who are Nuvation Bio's competitors?
Nuvation Bio's key competitors include Nuvalent, Pfizer Inc., Bristol-Myers Squibb Company, and others. These companies compete in similar markets and product categories.
Who does Nuvation Bio partner with?
Nuvation Bio's notable partners include Daiichi Sankyo Company, Limited, Innovent Biologics (Suzhou) Co. Ltd., Nippon Kayaku Co., Ltd, and others.
What subsidiaries does Nuvation Bio have?
Nuvation Bio's subsidiaries include AnHeart Therapeutics Ltd., Nuvation Bio Operating Company Inc., Nuvation Bio China Ltd..
Where is Nuvation Bio headquartered?
Nuvation Bio is headquartered in United States of America and employs approximately 159 people. It has been publicly traded since 2021.