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Nuvalent, Inc. NUVL Zidesamtinib — Direct Expenses Related To Program

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Other financials

Income statement

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Operating income-$119.4M-25.9%
Net income-$109.3M-29.2%
EPS (diluted)-$1.39-17.8%

Balance sheet

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Cash & equivalents$159.7M+32.2%
Total equity$1.2B+16.2%
Total assets$1.3B+20.4%

Cash flow

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Operating cash flow-$92.4M-68.5%

Valuation

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Market cap$9.77B+58.6%

Returns & leverage

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Return on equity-41.2%+7.5pp
Current ratio16.1×+1.7×

Where this comes from

Reported directly by Nuvalent, Inc. in its filing.

Tagged under the XBRL concept nuvl:DirectExpensesRelatedToProgram.

The official record: Nuvalent, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nuvalent, Inc.'s zidesamtinib — direct expenses related to program?
Nuvalent, Inc. (NUVL) reported zidesamtinib — direct expenses related to program of $12.31M in Q1 2026.
How has Nuvalent, Inc.'s zidesamtinib — direct expenses related to program changed year-over-year?
Nuvalent, Inc.'s zidesamtinib — direct expenses related to program decreased by 20.8% year-over-year, from $15.55M to $12.31M.
What is the long-term trend for Nuvalent, Inc.'s zidesamtinib — direct expenses related to program?
Over 2 years (2023 to 2025), Nuvalent, Inc.'s zidesamtinib — direct expenses related to program has grown at a 46.1% compound annual growth rate (CAGR), from $27.88M to $59.52M.
What does zidesamtinib — direct expenses related to program mean?
The total direct costs incurred to develop and test a specific drug candidate.
How do you interpret zidesamtinib — direct expenses related to program?
An increase typically reflects accelerated clinical trial activity or expanded development scope, while a decrease may indicate program completion, cost-saving measures, or a shift in strategic priority.
How does zidesamtinib — direct expenses related to program compare across companies?
Comparable to R&D spend per clinical program at other early-stage biopharmaceutical companies, though it varies significantly based on the phase of clinical trials and the complexity of the therapeutic target.