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Rigel Pharmaceuticals RIGL Product sales, net — 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$684.39M+102%
Enterprise value$728.29M+148%
P/E1.9×-7.2×
P/S2.3×+0.6×

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 official record: Rigel Pharmaceuticals’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rigel Pharmaceuticals's product sales, net — revenue recognized?
Rigel Pharmaceuticals (RIGL) reported product sales, net — revenue recognized of $54.92M in Q1 2026.
How has Rigel Pharmaceuticals's product sales, net — revenue recognized changed year-over-year?
Rigel Pharmaceuticals's product sales, net — revenue recognized increased by 26.1% year-over-year, from $43.55M to $54.92M.
What is the long-term trend for Rigel Pharmaceuticals's product sales, net — revenue recognized?
Over 4 years (2021 to 2025), Rigel Pharmaceuticals's product sales, net — revenue recognized has grown at a 38.5% compound annual growth rate (CAGR), from $63.01M to $231.98M.
What does product sales, net — revenue recognized mean?
This metric represents the total revenue generated from the direct sale of pharmaceutical products after accounting for variable considerations such as rebates, discounts, returns, and allowances. It serves as a primary indicator of commercial adoption and market demand for the company's proprietary therapeutic portfolio. Tracking this figure allows investors to evaluate the underlying growth trajectory and revenue-generating capacity of the company's core commercialized assets.