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Discontinued — last reported Q1 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$58.8M+10.3%
Gross profit$54.2M+10.8%
Operating income$11.9M-7.0%
Net income$8.7M-24.4%
EPS (diluted)$0.44-30.2%

Balance sheet

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Cash & equivalents$24.5M-46.6%
Total debt$68.4M+5,079%
Total equity$399.9M+2,054%
Total assets$504.6M+187%

Cash flow

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Operating cash flow$2.7M+405%
CapEx$73.0K
Free cash flow-$22.0M

Valuation

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Market cap$750.37M+25.0%
Enterprise value$794.27M+44.9%
P/E2.1×-4.1×
P/S2.5×+0.3×

Profitability

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Gross margin93.4%+3.7pp
Operating margin41.6%+19.9pp
Net margin121.5%+103pp
FCF margin-61.7%

Returns & leverage

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Return on equity174.1%
Debt / equity0.2×+0.1×
Current ratio2.6×+0.4×

Where this comes from

Calculated from Rigel Pharmaceuticals’s reported figures.

The source filing: Rigel Pharmaceuticals’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 4:05 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001034842-26-000032

FAQ

What is Rigel Pharmaceuticals's net debt?
Rigel Pharmaceuticals (RIGL) reported net debt of $43.9M in Q1 2026.
How has Rigel Pharmaceuticals's net debt changed year-over-year?
Rigel Pharmaceuticals's net debt increased by 198.7% year-over-year, from -$44.47M to $43.9M.
What is the long-term trend for Rigel Pharmaceuticals's net debt?
Over 5 years (2020 to 2025), Rigel Pharmaceuticals's net debt has grown at a 31.1% compound annual growth rate (CAGR), from -$11.07M to $42.87M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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