Company Analysis

Recursion Pharmaceuticals, Inc. (RXRX)

Nasdaq: RXRX · Biological Products, (No Diagnostic Substances) · Salt Lake City, UT · filing with the SEC since 2014
Grade4.6
◀ Past 5.9● Present 3.9▶ Future 4.4
1 est.

The grade of Recursion Pharmaceuticals, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.6/10
◀ Past5.930% of the headline
● Present3.940% of the headline
▶ Future4.430% of the headline

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

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.9/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
5.3/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2024-05-24.

weight 33% of this tense · 53rd percentile among 159 sector filers · read for itself

From the record

Recursion Pharmaceuticals, Inc.'s filings since 2017 show 2 warning events: an auditor change (8-K item 4.01, 2 times, the latest 2024-05-24) (its current reports).

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

Track record

as filed
7.5/10

What has it actually done, year after year?

+78.3% a year over 7 filed years; profitable in 0 of 7.

weight 45% of this tense · 75th percentile among 102 sector filers · read for its customers

From the record

Recursion Pharmaceuticals, Inc.'s 7 filed years say what it did: revenue went from $2 million in fiscal 2019 to $75 million in fiscal 2025, up 78.3% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span78.3%top 13% of its family
  • the share of years revenue rosetop 8% of its family
  • the share of filed years with a profitbottom 31% of its family
  • the deepest fall from a revenue peak0.0%top 9% of its family

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

Shareholder treatment

SI estimate
3.5/10

How has it treated the people who own it?

SI estimate 3.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 35th percentile among 146 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 35% of 146 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 146 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Recursion Pharmaceuticals, Inc.'s shareholder treatment is put at 3.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 35% of 146 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.0/10

Is it financially healthy right now?

ROE -57%: lost 57¢ per shareholder dollar. Leverage 23%: owes 23¢ per asset dollar.

weight 45% of this tense · 40th percentile among 147 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Recursion Pharmaceuticals, Inc. lost about 57 cents for every dollar of shareholders' money, and gross profitability: its products earned about 0 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 23 cents per dollar of assets, and net share issuance: its share count grew 63.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 29% of its family
  • return on equitytop 50% of its family
  • gross profit against assetsbottom 14% of its family
  • the share count against the year beforebottom 24% of its family

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

Industry position

as filed
5.6/10

How strong is its position in its industry?

top 44% of 102 in its family; net margin -863.4%.

weight 33% of this tense · 56th percentile among 102 sector filers · read for its customers

From the record

Recursion Pharmaceuticals, Inc.'s standing among 102 graded names in its industry family: revenue of $75 million in fiscal 2025 ranks in the top 34% by size; a net margin of -863.4% ranks in the bottom 35%; revenue growth of 23.3% a year over the last 3 filed years ranks in the top 31% (its annual reports).

What it rests on

  • revenue against the family$74.7Mtop 34% of its family
  • net margin-863.4%bottom 35% of its family
  • three-year revenue growth23.3%top 31% of its family

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

Leadership

as filed
0.9/10

What are the people in charge doing?

bottom 9% of 110 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 9th percentile among 110 sector filers · read for its shareholders

From the record

Recursion Pharmaceuticals, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Khan, Najat (CEO and President, as filed), filing under that title since 2026-02-10, 9 months (bottom 10% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 2.3 years (bottom 5%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 13%; 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 charge11 in three years among 12 peoplebottom 13% of its family
  • the median years the people in charge have filed2.3 yearsbottom 5% of its family
  • the chief executive's years on the record10 monthsbottom 10% 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?

4.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.6/10

How much room does it have to grow?

bottom 46% of 92 in its family for room to expand.

weight 45% of this tense · 46th percentile among 92 sector filers · read for itself

From the record

Recursion Pharmaceuticals, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $754 million against debt of $10 million leaves 50.5% of its assets as net cash, top 31% of its family; cash from operations less capital spending is -506.5% of revenue (bottom 34%); a gross margin of 5% (bottom 14%); research spending of 636.4% of revenue (top 32%) (its annual report).

What it rests on

  • cash less debt against assets50.5%top 31% of its family
  • cash from operations less capital spending against revenue-506.5%bottom 34% of its family
  • gross margin5.0%bottom 14% of its family
  • research spending against revenue636.4%top 32% of its family

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

Growth drivers

as filed
5.2/10

What could actually drive growth from here?

top 48% of 100 in its family for growth drivers.

weight 33% of this tense · 52nd percentile among 100 sector filers · read for its customers

From the record

Recursion Pharmaceuticals, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 23.3% a year over the last three filed years against 78.3% over all 7, slowing (bottom 16% of its family); the newest year grew 26.9% (top 41%); research spending grew 45.1% a year (top 2%); capital spending grew -44.1% a year (bottom 36%) (its annual reports). Recursion Pharmaceuticals, Inc. reported 2 product lines in fiscal 2025: License and Service at $74 million (99%), Grant at $425 thousand (1%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-55.1 points a yearbottom 16% of its family
  • the newest year's revenue growth26.9%top 41% of its family
  • three-year growth of research spending45.1%top 2% of its family
  • three-year growth of capital spending-44.1%bottom 36% 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
2.9/10

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

bottom 29% of 72 in its family for expectations against reality.

weight 22% of this tense · 29th percentile among 72 sector filers · read for its shareholders

From the record

Recursion Pharmaceuticals, Inc.'s newest year against its own record: revenue of $75 million in fiscal 2025 came in 4.5% above the $71 million its prior three years' pace pointed to (top 49% of its family); net income of $645 million against a prior three-year average of $344 million (bottom 13%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 23%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace4.5%top 49% of its family
  • net income against the prior three years' average-88%bottom 13% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 23% 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 RXRX · research, not advice