Recursion Pharmaceuticals Inc
NASDAQ: RXRX · HEALTHCARE · BIOTECHNOLOGY
Updated 2026-06-05
Recursion Pharmaceuticals Inc (RXRX) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total assets | $101.43M | $298.58M | $610.35M | $701.29M | $653.70M | $1.45B | $1.47B |
| Cash & equivalents | $69.88M | $262.13M | $285.12M | $549.91M | $391.56M | $594.35M | $743.29M |
| Current assets | $76.40M | $266.44M | $534.72M | $569.81M | $438.14M | $714.27M | $812.85M |
| Total liabilities | $225.70M | $504.87M | $67.41M | $215.48M | $190.26M | $413.82M | $343.26M |
| Current liabilities | $6.68M | $23.10M | $46.66M | $100.27M | $93.17M | $187.47M | $147.71M |
| Long-term debt | $12.42M | $11.41M | $633000.00 | $536000.00 | $1.10M | $19.02M | $9.56M |
| Shareholder equity | $-124.27M | $-206.29M | $542.94M | $485.81M | $463.44M | $1.03B | $1.13B |
| Retained earnings | $-126.59M | $-213.60M | $-400.08M | $-639.56M | $-967.62M | $-1.43B | $-2.08B |
| Accounts receivable | $151000.00 | $156000.00 | $9.09M | $2.75M | $3.09M | $49.17M | $24.65M |
| Inventory | $5.29M | $5.04M | $1.55M | $1.28M | $-3.09M | — | — |
| Goodwill | — | $801000.00 | $801000.00 | $801000.00 | $52.06M | $148.87M | $162.16M |
Frequently asked questions
What is Recursion Pharmaceuticals Inc's revenue?
Recursion Pharmaceuticals Inc's trailing twelve-month revenue is $66.41M, and consensus projects about $712.00M by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is RXRX?
In its most recent fiscal year, RXRX ran a gross margin of -61.96%, an operating margin of -867.87%, and a net margin of -863.35%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does RXRX generate?
RXRX produced $-378.28M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is RXRX's balance sheet healthy?
RXRX holds $743.29M in cash and equivalents against $9.56M in long-term debt, on $1.13B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.