earnings
confidence high
sentiment positive
materiality 0.65
Recursion Q1 net loss narrows to $117.5M; REC-1245 safety data positive, REC-4539 dosed
RECURSION PHARMACEUTICALS, INC.
2026-Q1 EPS reported
-$0.22
revenue$6,472,000
- Net loss of $117.5M vs $202.5M YoY; revenue $6.5M, down 56% YoY on lower Roche milestone phasing.
- Cash & equivalents $665.2M; 2026 cash burn guidance <$390M, runway into early 2028 without financing.
- REC-1245 (RBM39 degrader): No DLTs in 16 patients; well-tolerated with dose-dependent PK; dose escalation ongoing.
- REC-4881 (MEK1/2) in FAP: 43% median polyp burden reduction at Week 13; FDA engagement for registrational path begun.
- REC-4539 (LSD1 inhibitor): First patient dosed in Phase 1 ENLYGHT study; reversible design to reduce platelet toxicity.