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Below are the financial statements of Revolution Medicines, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Revolution Medicines, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | — | — | — |
| Collaboration revenue | 0a | 11.58a | 35.38a |
| Total revenue | 0a | 11.58a | 35.38a |
| Operating expenses | — | — | — |
| Research and development | -592.23a | -423.14a | -253.07a |
| General and administrative | -97.3a | -75.62a | -40.59a |
| Total operating expenses | -689.52a | -498.77a | -293.66a |
| Loss from operations | -689.52a | -487.19a | -258.28a |
| Other income (expense), net | — | — | — |
| Interest income | 86.88a | 47.48a | 9.15a |
| Other expense | -2.53a | -0.3a | 0a |
| Change in fair value of warrant liability and contingent earn-out shares | 4.32a | 0.12a | 0a |
| Total other income, net | 88.68a | 47.29a | 9.15a |
| Loss before income taxes | -600.85a | -439.89a | -249.13a |
| Benefit from income taxes | 0.75a | 3.52a | 0.42a |
| Net loss | -600.09a | -436.37a | -248.71a |
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