Recursion PHARMACEUTICALS, Inc. (RXRX) intrinsic value & 10-year financials

Recursion PHARMACEUTICALS, Inc. (RXRX) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 78.4% a year to $74.7M, with an average return on invested capital of -269.1%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$3.46
Market cap
$1.6B
Revenue (FY2025)
$74.7M
Revenue growth (8-yr CAGR)
78.4%
ROIC (10-yr avg)
-269.1%
Free cash flow (FY2025)
-$378.3M

RXRX 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $74.7M -$644.8M -$1.44 -$378.3M -867.9% -151.3%
FY2024 $58.8M -$463.7M -$1.69 -$372.9M -814.1% -179.5%
FY2023 $44.6M -$328.1M -$1.58 -$299.7M -785.3% -1282.6%
FY2022 $39.8M -$239.5M -$1.36 -$120.6M -616.7% -205.1%
FY2021 $10.2M -$186.5M -$1.49 -$198.4M -1795.8% 185.3%
FY2020 $4.0M -$87.0M -$0.67 -$51.2M -2135.7% 18.6%
FY2019 $2.3M -$61.9M -$0.48 -$61.0M -2692.6% —
FY2018 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

RECURSION PHARMACEUTICALS, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

RECURSION PHARMACEUTICALS, INC. has historically struggled to out-earn its cost of capital, averaging just 0.4% ROIC.

RECURSION PHARMACEUTICALS, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, RECURSION PHARMACEUTICALS, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-47.83 per share.

RXRX stock: frequently asked questions

What is the intrinsic value of Recursion PHARMACEUTICALS, Inc. (RXRX) stock?

Graham's formula only works with positive earnings. Recursion PHARMACEUTICALS, Inc. reported diluted EPS of -$1.44 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Recursion PHARMACEUTICALS, Inc. generate free cash flow?

Recursion PHARMACEUTICALS, Inc. generated -$378.3M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 7 reported years.

What is RXRX's return on invested capital?

Average ROIC over the last 8 fiscal years was -269.1%, and average return on equity was -32.8%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this RXRX data come from?

From Recursion PHARMACEUTICALS, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 5, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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