Current Assets

Total Current Assets

Revolution Medicines, Inc. Total Current Assets decreased by 5.2% to $1.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.8%, from $2.13B to $1.97B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 35.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026May 6, 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

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$661.01M$623.54M$589.77M$534.34M$483.05M$675.11M$660.19M$922.75M$922.09M$824.47M$1.88B$1.73B$1.62B$1.58B$2.33B$2.13B$2.18B$1.98B$2.08B$1.97B
QoQ Change-5.7%-5.4%-9.4%-9.6%+39.8%-2.2%+39.8%-0.1%-10.6%+127.9%-8.0%-6.0%-2.8%+47.4%-8.3%+2.0%-9.1%+4.9%-5.2%
YoY Change-26.9%+8.3%+11.9%+72.7%+90.9%+22.1%+184.7%+87.4%+76.2%+91.5%+23.9%+23.4%+34.0%+25.2%-10.9%-7.8%
Range$483.05M$2.33B
CAGR+25.8%
Avg YoY Growth+44.2%
Median YoY Growth+24.5%

Frequently Asked Questions

What is Revolution Medicines, Inc.'s total current assets?
Revolution Medicines, Inc. (RVMD) reported total current assets of $1.97B in Q1 2026.
How has Revolution Medicines, Inc.'s total current assets changed year-over-year?
Revolution Medicines, Inc.'s total current assets decreased by 7.8% year-over-year, from $2.13B to $1.97B.
What is the long-term trend for Revolution Medicines, Inc.'s total current assets?
Over 5 years (2020 to 2025), Revolution Medicines, Inc.'s total current assets has grown at a 35.5% compound annual growth rate (CAGR), from $454.12M to $2.08B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.