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Nurix Therapeutics (NRIX) Q3 FY25 earnings results (third quarter fiscal 2025)

10-Q filed Oct 9, 2025

Nurix Therapeutics (NRIX) reported revenue of $7.9M for the third quarter fiscal 2025 (Q3 FY25), -37% from a year earlier and -82% from the quarter before.

Revenue$7.9M
Year over year-37%
Quarter over quarter-82%
Operating margin—
Net earnings−$86.4M

Nurix Therapeutics, Q3 FY25: revenue $7.9M (-37% year over year), net loss $86.4M, operating cash flow −$57.4M. The chart follows the revenue to costs, profit and cash.

Q3 FY25AmountQ/QY/Y
Revenue$7.9M-82%-37%
Operating profit−$91.4M——
Net earnings−$86.4M——
Operating cash flow−$57.4M——

What changed

Revenue was $7.9M in Q3 FY25, down 37% year over year and down 82% from the previous quarter.

Operating costs exceeded revenue by $91.4M, an operating margin of -1157.7%. Total costs grew 48% against a revenue fall of 37%. The fastest-growing cost line was Research & development (+55%). The quarter ended with a net loss of $86.4M, wider than the previous quarter's $43.5M loss.

Operating cash flow was −$57.4M. Non-cash charges added back $2.0M of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items added $17.2M. Capital expenditures of $2.7M exceeded it, leaving free cash flow of −$60.1M.

Questions

What was Nurix Therapeutics' revenue in the third quarter fiscal 2025?

Nurix Therapeutics (NRIX) reported revenue of $7.9M for the third quarter fiscal 2025 (Q3 FY25), -37% from a year earlier and -82% from the quarter before.

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Source: Nurix Therapeutics 10-Q on SEC EDGAR.