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Rigel Pharmaceuticals RIGL Contract revenues from collaborations — Revenue recognized

Other product segments

Gross product sales
$75.39M+25.2%
Release Of Share Cost Liability
$39.98M
Discounts and allowances
-$20.47M-23.0%
Delivery of drug supplies, royalties and others
$3.9M-42.6%
Development Milestones
$0-100%

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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

Reported directly by Rigel Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Filed
May 5, 2026, 4:05 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001034842-26-000032
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues:
Product sales, net$54,923$43,550
Contract revenues from collaborations3,8959,783
Total revenues58,81853,333
Costs and expenses:
Cost of product sales4,6064,409
Research and development11,6768,436
Selling, general and administrative30,65127,715

Item 1. Financial Statements

FAQ

What is Rigel Pharmaceuticals's contract revenues from collaborations — revenue recognized?
Rigel Pharmaceuticals (RIGL) reported contract revenues from collaborations — revenue recognized of $3.9M in Q1 2026.
How has Rigel Pharmaceuticals's contract revenues from collaborations — revenue recognized changed year-over-year?
Rigel Pharmaceuticals's contract revenues from collaborations — revenue recognized decreased by 60.2% year-over-year, from $9.78M to $3.9M.
What is the long-term trend for Rigel Pharmaceuticals's contract revenues from collaborations — revenue recognized?
Over 4 years (2021 to 2025), Rigel Pharmaceuticals's contract revenues from collaborations — revenue recognized has grown at a -4.9% compound annual growth rate (CAGR), from $75.73M to $62.03M.
What does contract revenues from collaborations — revenue recognized mean?
This metric represents the revenue recognized from strategic partnerships and licensing agreements where the company grants rights to its intellectual property or drug candidates to third-party collaborators. It typically includes milestone payments, upfront fees, and royalty streams generated as partners advance the development or commercialization of the licensed assets. This revenue stream reflects the company's ability to monetize its research and development pipeline through external commercialization efforts.

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