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Segments

By product

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Operating revenue$7.3M-61.8%
Grant revenue$367K+206%

By segment

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Reportable Segment$7.67M-60.1%

By geography

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Other$0-100%

Other financials

Income statement

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue
Operating revenue$7,303$19,103$13,605$33,921
Grant revenue36712053847
Total revenue7,67019,22314,14333,968
Operating costs and expenses
Cost of revenue11,49120,16123,98141,990
Research and development89,614128,636177,510258,269
General and administrative41,53346,65376,124101,304

Item 1. Financial Statements (unaudited)

FAQ

What is Recursion Pharmaceuticals, Inc.'s total revenue?
Recursion Pharmaceuticals, Inc. (RXRX) reported total revenue of $7.67M in Q2 2026.
How has Recursion Pharmaceuticals, Inc.'s total revenue changed year-over-year?
Recursion Pharmaceuticals, Inc.'s total revenue decreased by 60.1% year-over-year, from $19.22M to $7.67M.
What is the long-term trend for Recursion Pharmaceuticals, Inc.'s total revenue?
Over 4 years (2021 to 2025), Recursion Pharmaceuticals, Inc.'s total revenue has grown at a 64.6% compound annual growth rate (CAGR), from $10.18M to $74.68M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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