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Other financials

Income statement

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Revenue$6.5M-56.1%
Gross profit-$6.0M+15.0%
Operating income-$128.5M+32.8%
Net income-$117.5M+42.0%
EPS (diluted)-$0.22+56.0%

Balance sheet

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Cash & equivalents$665.2M+30.6%
Total debt$88.6M-24.6%
Total equity$1.0B+9.7%
Total assets$1.3B+2.6%

Cash flow

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Operating cash flow-$81.1M+38.5%
CapEx$258.0K-85.9%
Free cash flow-$81.4M+39.2%

Valuation

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Market cap$1.71B-23.7%

Profitability

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Gross margin7.2%
Operating margin-881.3%-66.8pp
Net margin-842.9%-92.4pp
FCF margin-490.7%-102pp

Returns & leverage

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Return on equity-57.2%-14.4pp
Debt / equity0.1×0.0×
Current ratio5.5×+1.4×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Recursion Pharmaceuticals, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Recursion Pharmaceuticals, Inc.'s R&D?
Recursion Pharmaceuticals, Inc. (RXRX) reported R&D of $87.9M in Q1 2026.
How has Recursion Pharmaceuticals, Inc.'s R&D changed year-over-year?
Recursion Pharmaceuticals, Inc.'s R&D decreased by 32.2% year-over-year, from $129.63M to $87.9M.
What is the long-term trend for Recursion Pharmaceuticals, Inc.'s R&D?
Over 4 years (2021 to 2025), Recursion Pharmaceuticals, Inc.'s R&D has grown at a 36.9% compound annual growth rate (CAGR), from $135.27M to $475.27M.
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.