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Revolution Medicines, Inc.

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

RVMD$200.15+4.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Balance Sheets

(in thousands, except share and per share data)

December 31,December 31,
20252024
Assets
Current assets:
Cash and cash equivalents$383,745$543,064
Marketable securities1,641,9341,746,235
Prepaid expenses and other current assets49,35838,333
Total current assets2,075,0372,327,632
Property and equipment, net33,19424,289
Operating lease right-of-use asset132,084117,534
Intangible assets, net55,80056,670
Goodwill14,60814,608
Restricted cash4,8583,698
Long-term deposits24,14812,128
Other noncurrent assets14,7791,742
Total assets$2,354,508$2,558,301
Liabilities and stockholdersʼ equity
Current liabilities:
Accounts payable$64,616$54,427
Accrued expenses and other current liabilities209,34096,615
Operating lease liability, current16,46812,872
Total current liabilities290,424163,914
Deferred tax liability2,3532,353
Operating lease liability, noncurrent142,234122,971
Liability related to the sale of future royalties268,446—
Warrant liability18,5463,189
Other noncurrent liabilities1,208670
Total liabilities723,211293,097
Commitments and contingencies (Note 8)
Stockholdersʼ equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at December 31, 2025 and December 31, 2024, respectively; none issued and outstanding at December 31, 2025 and December 31, 2024, respectively——
Common stock, $0.0001 par value; 300,000,000 shares authorized as of December 31, 2025 and December 31, 2024, respectively; 197,001,401 and 185,896,625 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively1918
Additional paid-in capital4,497,1434,001,666
Accumulated other comprehensive income3,2371,321
Accumulated deficit(2,869,102)(1,737,801)
Total stockholdersʼ equity1,631,2972,265,204
Total liabilities and stockholdersʼ equity$2,354,508$2,558,301
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.