Revolution Medicines RVMD
Oncology drugs (RAS-targeted). Revolution Medicines, Inc., listed on NASDAQ.
Based on the FY2025 annual report (Jan 2025 – Dec 2025)
Revolution Medicines' market cap is
about $38.42 billion.
#257 by market cap among 289 companies, based on the Nov 5, 2026 close. FY2025 revenue was $0.
- Share price (close)
- $177.65
- P/E ratio
- —
- Market cap
- $38.42B
- Revenue
- $0
- Operating income
- −$1.182369B
- Net income
- −$1.131301B
- Free cash flow
- −$913.731M
- Total assets
- $2.354508B
- Dividends paid
- —
- Dividend per share
- —
- Dividend yield
- —
- Shares outstanding
- 197,001,401 shares
Where the revenue went
Revenue is set at 100% and split into what went to costs, R&D, operating expenses and taxes, and what was left as profit.
Profitability and stability
Each figure comes with its rank among 300 companies. The further right the dot, the higher the rank.
- Revenue growthHow much revenue grew from the previous fiscal year
- —
- Not ranked
- The filing doesn't include the items needed to calculate this.
- Operating marginShare of revenue kept as profit from the core business
- —
- Not ranked
- The filing doesn't include the items needed to calculate this.
- Net marginShare of revenue left as profit after interest and taxes
- —
- Not ranked
- The filing doesn't include the items needed to calculate this.
- FCF marginShare of revenue left as cash after capital spending
- —
- Not ranked
- Free cash flow based on capital spending isn't calculated for financial companies.
- ROEHow much profit the company earned on shareholders' equity in a year
- −58.1%
- #274 of 276
- ROE is negative because of a net loss. The median across 276 companies is 16.8%.
- Debt-to-equityLiabilities relative to equity. Lower means less debt
- 44.3%
- #21 of 244
- Liabilities are smaller than equity. The median across 244 companies is 159.6%.
Revenue and profit over time
Gray bars show revenue and the green part inside shows net income. The number above each bar is revenue (abbreviated) and the number below is net margin. Hover over a bar to see the exact amounts.
Where the cash went
Unlike profit, cash flow is money that actually came in and went out.
- Cash from operations−$897.741M
- Capital spending−$15.99M
- Cash shortfall (FCF)−$913.731M
Whose money funds the assets
The company's assets, split into borrowed money (liabilities) and shareholders' money (equity).
- Total assets$2.354508B
- Total liabilities$723.211M
- Total equity$1.631297B
- Cash and equivalents$383.745M
Compared with similar companies
Based on each company's latest annual report, so fiscal year ends may differ.
Compare in detail| Company | Annual revenue | Net income | Revenue growth | Operating margin | Net margin |
|---|---|---|---|---|---|
| Revolution MedicinesRVMD | $0 | −$1.131301B | — | — | — |
| BiogenBIIB | $9.8906B | $1.2929B | +2.2% | — | 13.1% |
| BeOne MedicinesONC | $5.343033B | $286.933M | +40.2% | 8.4% | 5.4% |
| NateraNTRA | $2.306113B | −$208.16M | +35.9% | −13.4% | −9.0% |
| RegeneronREGN | $14.3429B | $4.5049B | +1.0% | 24.9% | 31.4% |
What the company does
Revolution Medicines is a biotech company developing targeted drugs for hard-to-treat RAS-mutant cancers.
The fiscal year ends around December each year.
Related companies: Biogen, BeOne Medicines, Natera, Regeneron
Financial statements
Last 5 fiscal years. Currency: US dollars.
Show the table
| Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 29.39M | 35.38M | 11.58M | 0 | 0 |
| R&D expense | 186.948M | 253.073M | 423.144M | 592.225M | 987.332M |
| Operating income | −188.008M | −258.279M | −487.185M | −689.524M | −1.182369B |
| Pretax income | −187.091M | −249.125M | −439.891M | −600.846M | −1.131301B |
| Net income | −187.091M | −248.705M | −436.367M | −600.093M | −1.131301B |
| EPS (diluted) | $-2.57 | $-3.08 | $-3.86 | $-3.58 | $-5.95 |
| Operating cash flow | −147.18M | −224.401M | −350.572M | −557.436M | −897.741M |
| Capital expenditures | 6.528M | 10.816M | 7.729M | 10.308M | 15.99M |
| Free cash flow (FCF) | −153.708M | −235.217M | −358.301M | −567.744M | −913.731M |
| Total assets | 737.988M | 811.93M | 2.061705B | 2.558301B | 2.354508B |
| Total liabilities | 135.42M | 126.742M | 235.511M | 293.097M | 723.211M |
| Total equity | 602.568M | 685.188M | 1.826194B | 2.265204B | 1.631297B |
| Cash and equivalents | 108.497M | 161.412M | 696.148M | 543.064M | 383.745M |
| Original filing | 10-K | 10-K | 10-K | 10-K | 10-K |
Source: SEC EDGAR filings for Revolution Medicines, Inc. · CIK 0001628171 · US-GAAP