Operating

Net Income

Revolution Medicines, Inc. Net Income decreased by 24.4% to -$453.82M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 112.6%, from -$213.42M to -$453.82M. Over 4 years (FY 2021 to FY 2025), Net Income shows a downward trend with a 56.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026May 6, 2026

How to read this metric

An increase indicates higher profitability and operational success, while a decrease may signal rising costs or declining sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, taxes, and interest have been deduct...

Peer comparison

Standard across all public companies, though margins vary significantly by industry sector.

Metric ID: net_income_cf

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$44.30M-$52.94M-$52.68M-$57.65M-$61.22M-$73.33M-$56.51M-$68.10M-$98.30M-$108.43M-$161.54M-$116.00M-$133.23M-$156.29M-$194.57M-$213.42M-$247.79M-$305.21M-$364.89M-$453.82M
QoQ Change-19.5%+0.5%-9.4%-6.2%-19.8%+22.9%-20.5%-44.3%-10.3%-49.0%+28.2%-14.9%-17.3%-24.5%-9.7%-16.1%-23.2%-19.6%-24.4%
YoY Change-38.2%-38.5%-7.3%-18.1%-60.6%-47.9%-185.9%-70.3%-35.5%-44.1%-20.4%-84.0%-86.0%-95.3%-87.5%-112.6%
Range-$453.82M-$44.30M
CAGR+63.2%
Avg YoY Growth-64.5%
Median YoY Growth-54.2%
Current Streak8 quarters decline

Frequently Asked Questions

What is Revolution Medicines, Inc.'s net income?
Revolution Medicines, Inc. (RVMD) reported net income of -$453.82M in Q1 2026.
How has Revolution Medicines, Inc.'s net income changed year-over-year?
Revolution Medicines, Inc.'s net income decreased by 112.6% year-over-year, from -$213.42M to -$453.82M.
What is the long-term trend for Revolution Medicines, Inc.'s net income?
Over 4 years (2021 to 2025), Revolution Medicines, Inc.'s net income has grown at a 56.8% compound annual growth rate (CAGR), from -$187.09M to -$1.13B.
What does net income mean?
The total profit a company earns after all expenses and taxes are paid.