Recursion Pharmaceuticals, Inc. operates as a clinical-stage biotechnology company, engages in the decoding biology by integrating technological innovations across biology, chemistry, automation, data science, and engineering to industrialize drug discovery. The company develops REC-994, which is in Phase IIa clinical trial to treat cerebral cavernous malformation; REC-2282 for the treatment of neurofibromatosis type 2; REC-4881 to treat familial adenomatous polyposis; and REC-3599, which is in Phase I clinical trial to treat GM2 gangliosidosis. Its preclinical stage product includes REC-3964 to treat Clostridium difficile colitis; REC-64917 for the treat of neural or systemic inflammation; REC-65029 to treat HRD-negative ovarian cancer; REC-648918 to enhance anti-tumor immune; REC-2029 for the treatment of wnt-mutant hepatocellular carcinoma; REC-14221 to treat solid and hematological malignancies; and REC-64151 for the treatment of immune checkpoint resistance in KRAS/STK11 mutant non-small cell lung cancer. The company has collaboration and agreement with Bayer AG; the University of Utah Research Foundation; Ohio State Innovation Foundation; Chromaderm, Inc.; and Takeda Pharmaceutical Company Limited. Recursion Pharmaceuticals, Inc. was incorporated in 2013 and is headquartered in Salt Lake City, Utah.
Revenue of Recursion Pharmaceuticals, Inc. (RXRX)
Revenue in 2023 (TTM): $44.58 M
According to Recursion Pharmaceuticals, Inc.'s latest financial reports the company's current revenue (TTM) is $44.58 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Recursion Pharmaceuticals, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $44.58 M | $1.99 M | $-299,566,000 | $-332,128,000 | $-328,066,000 |
| 2022 | $39.68 M | $-8,594,000 | $-227,665,000 | $-239,476,000 | $-239,421,000 |
| 2021 | $10 M | $896 K | $-174,423,000 | $-186,479,000 | $-178,074,000 |
| 2020 | $3.41 M | $-59,906,000 | $-81,703,000 | $-87,006,000 | $-87,882,000 |
| 2019 | $1.71 M | $-44,098,000 | $-58,336,000 | $-61,879,000 | $-62,525,000 |