Revolution Medicines, Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 0, using the latest reported figures. The previous period, 2024, was about USD 0.

Watchlist

Latest quarter

Revenue

0 USD

2024 Q4 · USD

Exact inputs and evidence

Operating cash flow

-138 million USD

2024 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: -557436000 USD Source
  • Operating Cash Flow: -419146000 USD Source

Free cash flow

-140 million USD

2024 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: -557436000 USD Source
  • Operating Cash Flow: -419146000 USD Source
  • Capital Expenditure: 10308000 USD Source
  • Capital Expenditure: 9086000 USD Source
Cash and cash equivalents
815 million USD Source
Exact value

815435000 USD

Long-term debt including current maturities
Not available
Shares outstanding
214 million shares Source
Exact value

214242688 shares

Reported share-count change

14.63% · 27.3 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 186901268 shares · 2025-06-30· Source
  • 214242688 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

0 USD

2024-01-01 – 2024-12-31

Exact inputs and evidence
  • Revenue: 0 USD · 2024-01-01 – 2024-03-31 Source
  • Revenue: 0 USD · 2024-04-01 – 2024-06-30 Source
  • Revenue: 0 USD · 2024-07-01 – 2024-09-30 Source
  • Revenue: 0 USD · 2024-01-01 – 2024-12-31 Source
  • Revenue: 0 USD · 2024-01-01 – 2024-09-30 Source

Net income

-1.77 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -305206000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -1131301000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -766409000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -453816000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -644371000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-1.22 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -623503000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -416192000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -897741000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -623503000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -354165000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -741484000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -354165000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

9.1 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 14065000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 10716000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 15990000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 14065000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 1538000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 3824000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 1538000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

-1.23 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -623503000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -416192000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -897741000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -623503000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -354165000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -741484000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -354165000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 14065000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 10716000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 15990000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 14065000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 1538000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 3824000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 1538000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-13.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-12-31
  • Operating income: 8 of 11 periods available· newest 2025-12-31
  • Net income: 8 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2025-12-31
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 7 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 8 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 7 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    USD 0

    Prior period

    USD 0

    –

    Current period

    USD 0

    –

    Exact inputs and evidence

    0 − 0 = 0 USD

    0 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    0 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    −USD 531.21 million

    Prior period

    −USD 600.09 million

    –

    Current period

    −USD 1.13 billion

    –

    Exact inputs and evidence

    -1131301000 − -600093000 = -531208000 USD

    -600093000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -1131301000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    −USD 340.31 million

    Prior period

    −USD 557.44 million

    –

    Current period

    −USD 897.74 million

    –

    Exact inputs and evidence

    -897741000 − -557436000 = -340305000 USD

    -557436000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -897741000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Capital expenditure

    +55.1%

    Prior period

    USD 10.31 million

    –

    Current period

    USD 15.99 million

    –

    Exact inputs and evidence

    15990000 − 10308000 = 5682000 USD

    10308000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    15990000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 0
  • Operating costs Derived USD 1.18 billion
  • Operating income −USD 1.18 billion
  • Tax, interest and other Derived −USD 51.07 million
  • Net income −USD 1.13 billion

Cash

  • Operating cash flow −USD 897.74 million
  • Capital expenditure USD 15.99 million
  • Free cash flow Derived −USD 913.73 million

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 Operating loss: operating costs were 300% of revenue.
  • 2019 Operating loss: operating costs were 208% of revenue.
  • 2020 Operating loss: operating costs were 358% of revenue.
  • 2021 Operating loss: operating costs were 740% of revenue.
  • 2022 Operating loss: operating costs were 830% of revenue.
  • 2023 Operating loss: operating costs were 4,307% of revenue.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2018-01-01 – 2018-12-3120165000 60494000 Derived -40329000 1460000 Derived -41789000 -286000 Derived
Source
2019 2019-01-01 – 2019-12-3150041000 104161000 Derived -54120000 -6456000 Derived -47664000 -52205000 Derived
Source
2020 2020-01-01 – 2020-12-3142983000 153680000 Derived -110697000 -2538000 Derived -108159000 -102997000 Derived
Source
2021 2021-01-01 – 2021-12-3129390000 217398000 Derived -188008000 -917000 Derived -187091000 -153708000 Derived
Source
2022 2022-01-01 – 2022-12-3135380000 293659000 Derived -258279000 -9574000 Derived -248705000 -235217000 Derived
Source
2023 2023-01-01 – 2023-12-3111580000 498765000 Derived -487185000 -50818000 Derived -436367000 -358301000 Derived
Source
2024 2024-01-01 – 2024-12-310 689524000 Derived -689524000 -89431000 Derived -600093000 -567744000 Derived
Source
2025 2025-01-01 – 2025-12-310 1182369000 Derived -1182369000 -51068000 Derived -1131301000 -913731000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 0 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.54.0M40.5M27.0M13.5M0.0201820222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue20165000
2019Revenue50041000
2020Revenue42983000
2021Revenue29390000
2022Revenue35380000
2023Revenue11580000
2024Revenue0
2025Revenue0

Revenue growth

Change in revenue from the same financial period one year earlier.

-100% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.168%96%24%-48%-120%201820222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year148.2%
2020Year over year-14.1%
2021Year over year-31.6%
2022Year over year20.4%
2023Year over year-67.3%
2024Year over year-100%
2025Year over yearNo prior comparable period

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -4,207.1% 2023
Net margin -3,768.3% 2023
Free cash flow margin -3,094.1% 2023
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.337%-883%-2,104%-3,324%-4,544%201820222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018Operating margin-200%
2019Operating margin-108.2%
2020Operating margin-257.5%
2021Operating margin-639.7%
2022Operating margin-730%
2023Operating margin-4,207.1%
2024Operating marginNot reported
2025Operating marginNot reported
2018Net margin-207.2%
2019Net margin-95.2%
2020Net margin-251.6%
2021Net margin-636.6%
2022Net margin-703%
2023Net margin-3,768.3%
2024Net marginNot reported
2025Net marginNot reported
2018Free cash flow margin-1.4%
2019Free cash flow margin-104.3%
2020Free cash flow margin-239.6%
2021Free cash flow margin-523%
2022Free cash flow margin-664.8%
2023Free cash flow margin-3,094.1%
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -897.7M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.73.1M-187.6M-448.3M-709.0M-969.7M201820222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow1213000
2019Operating cash flow-49616000
2020Operating cash flow-100064000
2021Operating cash flow-147180000
2022Operating cash flow-224401000
2023Operating cash flow-350572000
2024Operating cash flow-557436000
2025Operating cash flow-897741000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -913.7M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.73.1M-191.9M-456.9M-721.8M-986.8M201820222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow-286000
2019Free cash flow-52205000
2020Free cash flow-102997000
2021Free cash flow-153708000
2022Free cash flow-235217000
2023Free cash flow-358301000
2024Free cash flow-567744000
2025Free cash flow-913731000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

30.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.33.3%25.0%16.6%8.3%0.0%2018-12-3120222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Liabilities / assetsNot reportedNo source recorded
2019Liabilities / assets30.8%
2020Liabilities / assets16.3%
2021Liabilities / assets18.3%
2022Liabilities / assets15.6%
2023Liabilities / assets11.4%
2024Liabilities / assets11.5%
2025Liabilities / assets30.7%

Current assets to current liabilities

Current assets divided by current liabilities.

7.14× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.34×11.50×7.67×3.83×0.00×2018-12-3120222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019Current assets / current liabilities3.11×
2020Current assets / current liabilities9.63×
2021Current assets / current liabilities9.77×
2022Current assets / current liabilities10.65×
2023Current assets / current liabilities13.06×
2024Current assets / current liabilities14.2×
2025Current assets / current liabilities7.14×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2018-01-01 – 2018-12-31
−USD 41.79 million
Exact value

Exact value: -41789000 USD

2018-01-01 – 2018-12-31: -41789000 USD Inspect Net Income Open source
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USD 1.21 million
Exact value

Exact value: 1213000 USD

2018-01-01 – 2018-12-31: 1213000 USD Inspect Operating Cash Flow Open source
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USD 1.5 million
Exact value

Exact value: 1499000 USD

2018-01-01 – 2018-12-31: 1499000 USD Inspect Capital Expenditure Open source
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−USD 286,000
Calculation and evidence

1213000 − 1499000 USD

Exact free cash flow: -286000 USD

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2019 2019-01-01 – 2019-12-31
−USD 47.66 million
Exact value

Exact value: -47664000 USD

2019-01-01 – 2019-12-31: -47664000 USD Inspect Net Income Open source
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−USD 49.62 million
Exact value

Exact value: -49616000 USD

2019-01-01 – 2019-12-31: -49616000 USD Inspect Operating Cash Flow Open source
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USD 2.59 million
Exact value

Exact value: 2589000 USD

2019-01-01 – 2019-12-31: 2589000 USD Inspect Capital Expenditure Open source
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−USD 52.21 million
Calculation and evidence

-49616000 − 2589000 USD

Exact free cash flow: -52205000 USD

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2020 2020-01-01 – 2020-12-31
−USD 108.16 million
Exact value

Exact value: -108159000 USD

2020-01-01 – 2020-12-31: -108159000 USD Inspect Net Income Open source
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−USD 100.06 million
Exact value

Exact value: -100064000 USD

2020-01-01 – 2020-12-31: -100064000 USD Inspect Operating Cash Flow Open source
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USD 2.93 million
Exact value

Exact value: 2933000 USD

2020-01-01 – 2020-12-31: 2933000 USD Inspect Capital Expenditure Open source
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−USD 103 million
Calculation and evidence

-100064000 − 2933000 USD

Exact free cash flow: -102997000 USD

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2021 2021-01-01 – 2021-12-31
−USD 187.09 million
Exact value

Exact value: -187091000 USD

2021-01-01 – 2021-12-31: -187091000 USD Inspect Net Income Open source
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−USD 147.18 million
Exact value

Exact value: -147180000 USD

2021-01-01 – 2021-12-31: -147180000 USD Inspect Operating Cash Flow Open source
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USD 6.53 million
Exact value

Exact value: 6528000 USD

2021-01-01 – 2021-12-31: 6528000 USD Inspect Capital Expenditure Open source
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−USD 153.71 million
Calculation and evidence

-147180000 − 6528000 USD

Exact free cash flow: -153708000 USD

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2022 2022-01-01 – 2022-12-31
−USD 248.71 million
Exact value

Exact value: -248705000 USD

2022-01-01 – 2022-12-31: -248705000 USD Inspect Net Income Open source
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−USD 224.4 million
Exact value

Exact value: -224401000 USD

2022-01-01 – 2022-12-31: -224401000 USD Inspect Operating Cash Flow Open source
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USD 10.82 million
Exact value

Exact value: 10816000 USD

2022-01-01 – 2022-12-31: 10816000 USD Inspect Capital Expenditure Open source
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−USD 235.22 million
Calculation and evidence

-224401000 − 10816000 USD

Exact free cash flow: -235217000 USD

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2023 2023-01-01 – 2023-12-31
−USD 436.37 million
Exact value

Exact value: -436367000 USD

2023-01-01 – 2023-12-31: -436367000 USD Inspect Net Income Open source
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−USD 350.57 million
Exact value

Exact value: -350572000 USD

2023-01-01 – 2023-12-31: -350572000 USD Inspect Operating Cash Flow Open source
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USD 7.73 million
Exact value

Exact value: 7729000 USD

2023-01-01 – 2023-12-31: 7729000 USD Inspect Capital Expenditure Open source
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−USD 358.3 million
Calculation and evidence

-350572000 − 7729000 USD

Exact free cash flow: -358301000 USD

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2024 2024-01-01 – 2024-12-31
−USD 600.09 million
Exact value

Exact value: -600093000 USD

2024-01-01 – 2024-12-31: -600093000 USD Inspect Net Income Open source
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−USD 557.44 million
Exact value

Exact value: -557436000 USD

2024-01-01 – 2024-12-31: -557436000 USD Inspect Operating Cash Flow Open source
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USD 10.31 million
Exact value

Exact value: 10308000 USD

2024-01-01 – 2024-12-31: 10308000 USD Inspect Capital Expenditure Open source
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−USD 567.74 million
Calculation and evidence

-557436000 − 10308000 USD

Exact free cash flow: -567744000 USD

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2025 2025-01-01 – 2025-12-31
−USD 1.13 billion
Exact value

Exact value: -1131301000 USD

2025-01-01 – 2025-12-31: -1131301000 USD Inspect Net Income Open source
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−USD 897.74 million
Exact value

Exact value: -897741000 USD

2025-01-01 – 2025-12-31: -897741000 USD Inspect Operating Cash Flow Open source
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USD 15.99 million
Exact value

Exact value: 15990000 USD

2025-01-01 – 2025-12-31: 15990000 USD Inspect Capital Expenditure Open source
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−USD 913.73 million
Calculation and evidence

-897741000 − 15990000 USD

Exact free cash flow: -913731000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

33 filings · 2,048 latest values · 2,048 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001628171, 1628171, RVMD, edgar:1628171

Also known as Revolution Medicines, Inc.