NASDAQ$RXRX

Recursion Pharmaceuticals Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Recursion Pharmaceuticals reported Q1 2026 total revenue of $6.5M and a net loss of $117.5M, or $(0.22) per share.

For the quarter ended March 31, 2026, Recursion posted total revenue of $6.5 million, down from $14.7 million a year ago, as collaboration revenue timing shifted. Net loss was $117.5 million, or $(0.22) per share, improved from a $202.5 million loss in Q1 2025.

  • Total revenue $6.5M (-56% YoY).
  • Net loss $117.5M; EPS $(0.22).
  • R&D spend remains elevated for AI drug-discovery platform.
  • Partnership and milestone revenue lumpy quarter to quarter.

Headline financials

Total Revenue

$6.47M

Previous: $14.7M-56.1%
EPS (adj)

-$0.22

Previous: -$0.50+56.0%
Capital Expenditures

-$258K

Previous: -$1.83M+85.9%
Net Income

-$118M

Previous: -$202M+42.0%
Operating Income

-$129M

Previous: -$191M+32.8%

Revenue & EPS history

Recursion Pharmaceuticals · Revenue · Quarterly

$6.47M

Q1 2026-56.1%vs Q1 2025
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Recursion Pharmaceuticals · $1 total across 1 segment · Q2 2023

  • Grant Revenue
    $1

Forward guidance

Pipeline milestones, platform partnerships, and capital runway are focal points in disclosures; no near-term profitability guide.

Tailwinds

  • Loss narrowed materially YoY.
  • Large addressable platform in tech-bio.

Headwinds

  • Very low revenue base.
  • Continued heavy cash burn and dilution risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-3.1%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+7.2%

Avg return

30 days after

32%

8 / 25 earnings

Positive

+11.6%

Q1 2023

Best reaction

-16.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-3.3%-1.8%
Q4 2025+6.5%+2.8%-16.7%
Q3 2025-0.6%-9.8%-5.8%
Q1 2025-16.5%-24.0%-13.9%
Q4 2024-12.3%-16.9%-29.6%
Q3 2024+1.6%+15.0%+17.4%
Q2 2024-1.3%+2.7%-7.1%
Q1 2024+0.1%+17.0%-0.9%
Q4 2023-12.3%-13.2%-32.5%
Q3 2023-3.0%+14.7%+35.0%
Q2 2023-0.5%-13.2%-24.2%
Q1 2023+11.6%+2.5%+75.8%
Q4 2022+7.1%+11.4%-11.3%
Q3 2022+8.9%+32.8%-0.6%
Q2 2022+4.4%+27.4%+35.8%
Q1 2022-9.4%+1.4%+34.4%
Q4 2019-0.7%-1.7%-14.2%
Q4 2021-0.7%-1.7%-14.2%
Q3 2020-9.1%-4.3%-3.2%
Q3 2021-9.1%-4.3%-3.2%
Q2 2020-10.8%-17.2%+23.1%
Q2 2021-10.8%-17.2%+23.1%
Q1 2020-7.1%-3.6%+37.8%
Q1 2021-7.1%-3.6%+37.8%
Q4 2020-7.1%-3.6%+37.8%

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