Revolution Medicines, Inc.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
RVMD$193.06-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Operating expenses: | ||||
| Research and development | $394,919 | $224,134 | $738,889 | $429,883 |
| General and administrative | 110,213 | 40,580 | 211,465 | 75,591 |
| Total operating expenses | 505,132 | 264,714 | 950,354 | 505,474 |
| Loss from operations | (505,132) | (264,714) | (950,354) | (505,474) |
| Non-operating income (expense), net: | ||||
| Interest income | 35,579 | 22,404 | 55,087 | 47,319 |
| Interest expense | (23,781) | (867) | (35,978) | (867) |
| Change in fair value of warrant liability | (151,031) | (4,578) | (166,819) | (2,139) |
| Other expense, net | (6) | (32) | (123) | (42) |
| Total non-operating income (expense), net | (139,239) | 16,927 | (147,833) | 44,271 |
| Loss before income taxes | (644,371) | (247,787) | (1,098,187) | (461,203) |
| Net loss | $(644,371) | $(247,787) | $(1,098,187) | $(461,203) |
| Net loss per share attributable to common stockholders, basic and diluted | $(3.06) | $(1.31) | (5.37) | $(2.45) |
| Weighted-average common shares used to compute net loss per share, basic and diluted | 210,893,604 | 188,583,288 | 204,531,173 | 188,365,805 |
| Comprehensive loss: | ||||
| Net loss | $(644,371) | $(247,787) | $(1,098,187) | $(461,203) |
| Other comprehensive loss: | ||||
| Foreign currency translation adjustments | (93) | — | (101) | — |
| Unrealized loss on investments, net | (5,235) | (405) | (9,086) | (19) |
| Comprehensive loss | $(649,699) | $(248,192) | $(1,107,374) | $(461,222) |
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