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Rigel Pharmaceuticals RIGL Development Milestones — Revenue recognized
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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 item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Gross product sales | $75,388 | $60,192 |
| Discounts and allowances | (20,465) | (16,642) |
| Total product sales, net | 54,923 | 43,550 |
| Contract revenues from collaborations: | ||
| Milestone revenue | — | 3,000 |
| Delivery of drug supplies, royalties and others | 3,895 | 6,783 |
| Total contract revenues from collaborations | 3,895 | 9,783 |
| Total revenues | $58,818 | $53,333 |
Item 1. Financial Statements
FAQ
- What is Rigel Pharmaceuticals's development milestones — revenue recognized?
- Rigel Pharmaceuticals (RIGL) reported development milestones — revenue recognized of $0 in Q1 2026.
- How has Rigel Pharmaceuticals's development milestones — revenue recognized changed year-over-year?
- Rigel Pharmaceuticals's development milestones — revenue recognized decreased by 100.0% year-over-year, from $3M to $0.
- What does development milestones — revenue recognized mean?
- This metric represents revenue recognized from the achievement of specific clinical, regulatory, or commercial milestones stipulated in collaboration or licensing agreements. It reflects the successful progression of drug candidates through the development pipeline as defined by contractual obligations with external partners. Fluctuations in this metric indicate the timing and success rate of research and development activities rather than recurring product sales.
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