Updated
NRX PharmaceuticalsNRXP · Healthcare
$2.38+4.85%
Market cap$103M
IndustryBiotechnology

NRX Pharmaceuticals (NRXP) Stock

What NRX Pharmaceuticals's price implies, from its SEC filings.

Key numbers

P/E (trailing)
—
P/E (forward)
-6.80x
Price / free cash flow
—
EV / EBITDA
—
Revenue growth
—
Operating margin
-586.2%
Dividend yield
—
Debt / equity
—

What NRX Pharmaceuticals's price implies

NRX Pharmaceuticals's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Revenue and free cash flow

Fiscal years, from NRX Pharmaceuticals's 10-K filings.

NRX Pharmaceuticals revenue and free cash flow

FY2018–FY2025
NRXPRevenue$1MNRXPFree cash flow-$11M
NRX Pharmaceuticals revenue and free cash flow-$40M-$20M$0B$20M20182019202020212022202320242025$1M-$11M

Results from SEC filings

All three statements · Quarters, TTM and 20+ years of statements in Investingly

NRX Pharmaceuticals (NRXP) revenue, net income, free cash flow, EPS and operating margin by fiscal year
Fiscal year20212022202320242025
Revenue——$0$0$1M
Net income-$93M-$40M-$30M-$25M-$29M
Free cash flow-$38M-$40M-$22M-$11M—
EPS (diluted)-$19.80-$6.00-$3.98-$2.36-$1.34
Operating margin————-1,324.4%

Superinvestors who own NRXP

From each investor's latest 13F filing (what a 13F shows). All 3 holders

InvestorLast quarterValue% of portfolioQuarter
Paul Marshall Marshall Wace New position $795,8310.00%Q2 2026
Jim Simons Renaissance Technologies New position $157,8740.0%Q2 2026
Two Sigma Two Sigma Investments New position $108,0950.0%Q2 2026

NRX Pharmaceuticals insider buying

Open-market purchases by executives and directors in the last 12 months, from SEC Form 4 filings (what insider buying tells you).

No open-market insider purchases of NRXP in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

Fundamental grade

F

Five factors scored 1 to 9 from NRXP's latest numbers. It describes the business, not whether the stock is a buy.

Valuation1
Profitability2
Financial health1

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How NRX Pharmaceuticals compares

NRX Pharmaceuticals's operating margin is higher than 11% of Healthcare companies and 4% of the 2,820 companies with an operating margin figure.

NRX Pharmaceuticals (NRXP) percentile ranks: share of companies with a lower figure
Higher thanHealthcareAll stocks
Operating margin11%4%

Questions about NRX Pharmaceuticals

Are NRX Pharmaceuticals insiders buying the stock?

No open-market insider purchases of NRXP in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own NRX Pharmaceuticals?

3 of the superinvestors Investingly tracks hold NRXP in their latest 13F, including Paul Marshall, Jim Simons, Two Sigma.

Prices and ratios as of Nov 9, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.

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