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Filing Flows › Recursion Pharmaceuticals (RXRX) › Q3 2026 › vs Q3 2025

Recursion Pharmaceuticals (RXRX) Q3 2026 vs Q3 2025 (year over year)

Recursion Pharmaceuticals's revenue rose $13.4M (+258%) from $5.2M in Q3 2025 to $18.6M in Q3 2026. The biggest changes: Operating revenue +$13.1M (+262%); Grant revenue +$305K (+159%).

Recursion Pharmaceuticals, Q3 2026: revenue $18.6M (+258% year over year), operating margin -663.9%, net loss $119M, operating cash flow −$77.4M. The chart draws each line against Q3 2025, the increases inside each band.

Recursion Pharmaceuticals: what changed, Q3 2026 vs Q3 2025Recursion Pharmaceuticals: what changed, Q3 2026 vs Q3 2025Net loss−$43.2MOperating cash sources−$43.2MNet loss absorbed−$43.2MCash used in operations−$40.0MOperating costs−$35.6MCosts & expenses−$35.6MResearch & development−$21.9MOperating revenue$13.1MGeneral & admin−$9.1MOther income, net−$5.8M

Every line

LineQ3 2026Q3 2025Change%
Operating revenue$18.1M$5.0M$13.1M+262%
Grant revenue$497K$192K$305K+159%
Revenue$18.6M$5.2M$13.4M+258%
Other income, net$4.2M$10.0M−$5.8M-58%
Net loss$119M$162M−$43.2M-27%
Costs & expenses$142M$177M−$35.6M-20%
Operating costs$142M$177M−$35.6M-20%
Income tax$25K$3K$22K+733%
Cost of revenue$10.0M$14.7M−$4.6M-32%
Research & development$99.1M$121M−$21.9M-18%
General & admin$32.6M$41.6M−$9.1M-22%
Operating cash sources$119M$162M−$43.2M-27%
Depreciation & amortization$16.5M$21.0M−$4.5M-21%
Share-based compensation$23.0M$25.2M−$2.2M-9%
Working capital & other$2.1M−$1.4M$3.5M—
Cash used in operations$77.4M$117M−$40.0M-34%
Net loss absorbed$119M$162M−$43.2M-27%

Questions

How much did Recursion Pharmaceuticals's revenue grow year over year in Q3 2026?

Recursion Pharmaceuticals's revenue rose $13.4M (+258%) from $5.2M in Q3 2025 to $18.6M in Q3 2026.

What drove Recursion Pharmaceuticals's revenue change in Q3 2026?

Operating revenue +$13.1M (+262%); Grant revenue +$305K (+159%).

Q3 2026 results → · Compare in the interactive Sankey →