Company Analysis

Rigel Pharmaceuticals, Inc. (RIGL)

Nasdaq: RIGL · Pharmaceutical Preparations · South San Francisco, CA · filing with the SEC since 2000
Grade6.4
◀ Past 5.0● Present 7.6▶ Future 6.3

The grade of Rigel Pharmaceuticals, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past5.030% of the headline
● Present7.640% of the headline
▶ Future6.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.0/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2023-11-30.

weight 33% of this tense · 35th percentile among 497 sector filers · read for itself

From the record

Rigel Pharmaceuticals, Inc.'s filings since 2017 show 2 warning events: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2023-11-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.1/10

What has it actually done, year after year?

+34.5% a year over 10 filed years; profitable in 2 of 10.

weight 45% of this tense · 61st percentile among 323 sector filers · read for its customers

From the record

Rigel Pharmaceuticals, Inc.'s 10 filed years say what it did: revenue went from $20 million in fiscal 2016 to $294 million in fiscal 2025, up 34.5% a year; it rose in 6 of 9 years; the deepest fall was 78% from fiscal 2016 to fiscal 2017; net income was positive in 2 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span34.5%top 28% of its family
  • the share of years revenue rosetop 41% of its family
  • the share of filed years with a profittop 27% of its family
  • the deepest fall from a revenue peak78.0%bottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.9/10

How has it treated the people who own it?

Share count grew 3.4% a year. 0% of cash flow returned. Insiders: 3 sales, 0 purchases.

weight 22% of this tense · 49th percentile among 80 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Rigel Pharmaceuticals, Inc.'s diluted share count grew about 3.4% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales (2 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 23% of its family
  • cash returned against operating cash flowbottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.6/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.9/10

Is it financially healthy right now?

ROE 94%: 94¢ of profit per shareholder dollar. Leverage 24%: owes 24¢ per asset dollar.

weight 45% of this tense · 79th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Rigel Pharmaceuticals, Inc. earned about 94 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 53 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 24 cents per dollar of assets, and net share issuance: its share count grew 6.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 38% of its family
  • return on equitytop 1% of its family
  • gross profit against assetstop 13% of its family
  • the share count against the year beforetop 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.2/10

How strong is its position in its industry?

top 18% of 315 in its family; net margin 124.7%.

weight 33% of this tense · 82nd percentile among 315 sector filers · read for its customers

From the record

Rigel Pharmaceuticals, Inc.'s standing among 315 graded names in its industry family: revenue of $294 million in fiscal 2025 ranks in the top 24% by size; a net margin of 124.7% ranks in the top 2%; revenue growth of 34.8% a year over the last 3 filed years ranks in the top 28% (its annual reports).

What it rests on

  • revenue against the family$294Mtop 24% of its family
  • net margin124.7%top 2% of its family
  • three-year revenue growth34.8%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.9/10

What are the people in charge doing?

top 41% of 315 in its family for leadership; chief executive since 2015.

weight 22% of this tense · 59th percentile among 315 sector filers · read for its shareholders

From the record

Rigel Pharmaceuticals, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Rodriguez, Raul R (CEO, President, as filed), filing under that title since 2015-01-28, 11.8 years (top 12% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 5.9 years (top 45%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 12 peoplebottom 35% of its family
  • the median years the people in charge have filed5.9 yearstop 45% of its family
  • the chief executive's years on the record11.8 yearstop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.2/10

How much room does it have to grow?

top 48% of 273 in its family for room to expand.

weight 45% of this tense · 52nd percentile among 273 sector filers · read for itself

From the record

Rigel Pharmaceuticals, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $41 million against debt of $53 million leaves -2.3% of its assets as net cash, bottom 12% of its family; cash from operations less capital spending is 25.7% of revenue (top 9%); a gross margin of 93.3% (top 9%); research spending of 11.3% of revenue (bottom 16%) (its annual report).

What it rests on

  • cash less debt against assets-2.3%bottom 12% of its family
  • cash from operations less capital spending against revenue25.7%top 9% of its family
  • gross margin93.3%top 9% of its family
  • research spending against revenue11.3%bottom 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.4/10

What could actually drive growth from here?

top 36% of 306 in its family for growth drivers.

weight 33% of this tense · 64th percentile among 306 sector filers · read for its customers

From the record

Rigel Pharmaceuticals, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 34.8% a year over the last three filed years against 34.5% over all 10, speeding up (top 30% of its family); the newest year grew 64.2% (top 21%); research spending grew 16.5% a year (top 27%); capital spending grew -32.4% a year (bottom 35%) (its annual reports). Rigel Pharmaceuticals, Inc. reported 5 product lines in fiscal 2025: Product at $232 million (79%), Release of Share Cost Liability at $40 million (14%), Royalty Delivery of Drug Supplies and Others at $19 million (7%), and 2 more; 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.2 points a yeartop 30% of its family
  • the newest year's revenue growth64.2%top 21% of its family
  • three-year growth of research spending16.5%top 27% of its family
  • three-year growth of capital spending-32.4%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.2/10

Did its newest year beat what its own record pointed to?

top 18% of 233 in its family for expectations against reality.

weight 22% of this tense · 82nd percentile among 233 sector filers · read for its shareholders

From the record

Rigel Pharmaceuticals, Inc.'s newest year against its own record: revenue of $294 million in fiscal 2025 came in 34.4% above the $219 million its prior three years' pace pointed to (top 22% of its family); net income of $367 million against a prior three-year average of $22 million (top 2%); a net margin of more than its whole revenue against -20.1% before (top 30%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace34.4%top 22% of its family
  • net income against the prior three years' averagefive times its prior average or moretop 2% of its family
  • net margin against its prior averageup more than 100 pointstop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RIGL · research, not advice