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Other financials

Income statement

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Revenue$7.7M-60.1%
Gross profit-$3.8M-307%
Operating income-$135.0M+23.4%
Net income-$131.0M+23.8%
EPS (diluted)-$0.25+39.0%

Balance sheet

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Cash & equivalents$556.8M+4.3%
Total debt$80.5M-27.2%
Total equity$915.0M-0.5%
Total assets$1.2B-6.9%

Cash flow

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Operating cash flow-$105.9M-38.6%
CapEx$44.0K-98.6%
Free cash flow-$106.0M-33.2%

Valuation

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Market cap$1.7B-28.6%
Enterprise value$1.22B-37.5%
P/S31×-5.9×

Profitability

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Gross margin3.5%
Operating margin-991.7%-13.7pp
Net margin-945.9%-52.4pp
FCF margin-642.2%+36.1pp

Returns & leverage

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Return on equity-56.6%-14.5pp
Debt / equity0.1×0.0×
Current ratio+1.5×

Where this comes from

Reported directly by Recursion Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Recursion Pharmaceuticals, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 6:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001601830-26-000098
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Total operating costs and expenses142,638195,450277,615401,563
Loss from operations(134,968)(176,227)(263,472)(367,595)
Other income (loss), net3,9624,33010,359(6,947)
Loss before income tax benefit(131,006)(171,897)(253,113)(374,542)
Income tax benefit14,604158
Net loss$(131,005)$(171,897)$(248,509)$(374,384)
Per share data
Net loss per share of Class A, B and Exchangeable common stock, basic and diluted$(0.25)$(0.41)$(0.47)$(0.91)

Item 1. Financial Statements (unaudited)

FAQ

What is Recursion Pharmaceuticals, Inc.'s pre-tax income?
Recursion Pharmaceuticals, Inc. (RXRX) reported pre-tax income of -$131.01M in Q2 2026.
How has Recursion Pharmaceuticals, Inc.'s pre-tax income changed year-over-year?
Recursion Pharmaceuticals, Inc.'s pre-tax income increased by 23.8% year-over-year, from -$171.9M to -$131.01M.
What is the long-term trend for Recursion Pharmaceuticals, Inc.'s pre-tax income?
Over 4 years (2021 to 2025), Recursion Pharmaceuticals, Inc.'s pre-tax income has grown at a 36.4% compound annual growth rate (CAGR), from -$186.48M to -$644.89M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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