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R&D at other companies

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Other financials

Income statement

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Revenue-
Operating income-$445.2M-84.9%
Net income-$453.8M-113%
EPS (diluted)-$2.29-103%

Balance sheet

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Cash & equivalents$440.9M+32.2%
Total debt$156.6M+16.6%
Total equity$1.5B-27.8%
Total assets$2.3B-4.7%

Cash flow

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Operating cash flow-$354.2M-82.2%
CapEx$1.5M-52.9%
Free cash flow-$355.7M-79.9%

Valuation

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Market cap$38.79B+460%
Enterprise value$38.5B+479%

Profitability

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Operating margin-88,031.9%-89,488pp
Net margin-76,423.3%-77,733pp
FCF margin-74,273.9%-75,457pp

Returns & leverage

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Return on equity-76.7%-923pp
Debt / equity0.1×0.0×
Current ratio6.8×-6.7×

Where this comes from

Reported directly by Revolution Medicines, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Revolution Medicines, Inc.’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-208969
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating expenses:
Research and development$343,970$205,749
General and administrative101,25235,011
Total operating expenses445,222240,760
Loss from operations(445,222)(240,760)
Non-operating income (expense), net:
Interest income19,50824,915
Interest expense(12,197)

Item 1. Financial Statements.

FAQ

What is Revolution Medicines, Inc.'s R&D?
Revolution Medicines, Inc. (RVMD) reported R&D of $343.97M in Q1 2026.
How has Revolution Medicines, Inc.'s R&D changed year-over-year?
Revolution Medicines, Inc.'s R&D increased by 67.2% year-over-year, from $205.75M to $343.97M.
What is the long-term trend for Revolution Medicines, Inc.'s R&D?
Over 4 years (2021 to 2025), Revolution Medicines, Inc.'s R&D has grown at a 51.6% compound annual growth rate (CAGR), from $186.95M to $987.33M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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