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Rigel Pharmaceuticals RIGL Gross product sales — Revenue recognized

Other product segments

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
Product sales:
Gross product sales$75,388$60,192
Discounts and allowances(20,465)(16,642)
Total product sales, net54,92343,550
Contract revenues from collaborations:
Milestone revenue3,000
Delivery of drug supplies, royalties and others3,8956,783
Total contract revenues from collaborations3,8959,783

Item 1. Financial Statements

FAQ

What is Rigel Pharmaceuticals's gross product sales — revenue recognized?
Rigel Pharmaceuticals (RIGL) reported gross product sales — revenue recognized of $75.39M in Q1 2026.
How has Rigel Pharmaceuticals's gross product sales — revenue recognized changed year-over-year?
Rigel Pharmaceuticals's gross product sales — revenue recognized increased by 25.2% year-over-year, from $60.19M to $75.39M.
What is the long-term trend for Rigel Pharmaceuticals's gross product sales — revenue recognized?
Over 4 years (2021 to 2025), Rigel Pharmaceuticals's gross product sales — revenue recognized has grown at a 39.8% compound annual growth rate (CAGR), from $81.19M to $309.96M.
What does gross product sales — revenue recognized mean?
This metric represents the total revenue recognized from the sale of pharmaceutical products to customers, excluding any assessed taxes. It serves as a primary indicator of the commercial adoption and market demand for the company's proprietary drug portfolio. By isolating product-related income, it allows investors to assess the core operational performance and revenue generation capabilities of the firm's therapeutic offerings.

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