RIGL (RIGL) financial statements
RIGL reported revenue of $294M in fiscal 2025, up 34.5% a year over 9 years.
Net income was $367M and the operating margin 42.6%, against -342.2% in 2016.
Free cash flow was $76M.
The diluted share count rose 100% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RIGL's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20M | $4M | $45M | $59M | $109M | $149M | $120M | $117M | $179M | $294M |
| Cost of revenue | — | — | $287,000 | $906,000 | $895,000 | $1M | $2M | $7M | $19M | $20M |
| Gross profit | — | — | $44M | $58M | $108M | $148M | $118M | $110M | $161M | $275M |
| Research and development | $63M | $46M | $47M | $53M | $60M | $65M | $60M | $25M | $23M | $33M |
| Selling, general and admin | $21M | $38M | $70M | $75M | $77M | $92M | $112M | $106M | $113M | $116M |
| Operating income | -$70M | -$80M | -$73M | -$69M | -$29M | -$12M | -$56M | -$20M | $24M | $125M |
| Interest expense | — | — | — | $335,000 | $1M | $5M | $4M | $7M | $8M | $7M |
| Pre-tax income | — | — | — | -$67M | -$30M | -$17M | -$59M | -$25M | $18M | $122M |
| Income tax | $0 | $0 | $0 | — | — | $605,000 | — | $0 | $881,000 | -$245M |
| Net income | -$69M | -$78M | -$70M | -$67M | -$30M | -$18M | -$59M | -$25M | $17M | $367M |
| EPS (diluted) | -$7.30 | -$6.20 | -$4.40 | -$4.00 | -$1.80 | -$1.10 | -$3.44 | -$1.44 | $0.99 | $19.48 |
| Diluted shares | 9M | 13M | 16M | 17M | 17M | 17M | 17M | 17M | 18M | 19M |
| Gross margin | — | — | 99.4% | 98.5% | 99.2% | 99.3% | 98.5% | 93.9% | 89.6% | 93.3% |
| Operating margin | -342.2% | -1775.6% | -163.3% | -116.5% | -26.7% | -8.4% | -46.2% | -17.5% | 13.5% | 42.6% |
| Net margin | -339.6% | -1739.3% | -158.3% | -112.8% | -27.4% | -12.0% | -48.7% | -21.5% | 9.8% | 124.7% |
Balance sheet
Fiscal years, from RIGL's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $75M | $116M | $129M | $98M | $57M | $125M | $58M | $57M | $77M | $155M |
| Receivables | $0 | $0 | $4M | $10M | $16M | $15M | $40M | $31M | $42M | $52M |
| Inventory | — | — | $894,000 | $1M | $2M | $7M | $9M | $6M | $6M | $12M |
| Total current assets | $76M | $117M | $137M | $119M | $89M | $154M | $116M | $99M | $135M | $240M |
| Property, plant and equipment | $1M | $875,000 | $1M | $2M | $3M | $2M | $857,000 | $165,000 | $92,000 | $30,000 |
| Total assets | $78M | $119M | $139M | $148M | $110M | $167M | $134M | $117M | $164M | $514M |
| Total current liabilities | $23M | $18M | $28M | $58M | $41M | $64M | $65M | $53M | $63M | $99M |
| Total liabilities | $23M | $18M | $29M | $94M | $76M | $137M | $148M | $146M | $161M | $122M |
| Shareholders' equity | $55M | $101M | $110M | $54M | $34M | $30M | -$14M | -$29M | $3M | $391M |
| Net debt | -$18M | -$38M | -$76M | -$23M | -$30M | -$19M | -$24M | -$33M | -$57M | -$41M |
Cash flow
Fiscal years, from RIGL's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$76M | -$78M | -$59M | -$42M | -$52M | $6M | -$74M | -$6M | $31M | $76M |
| Capital spending | $804,000 | $164,000 | $1M | $1M | $1M | $627,000 | $450,000 | $0 | $36,000 | $0 |
| Free cash flow | -$77M | -$78M | -$60M | -$43M | -$53M | $5M | -$74M | -$6M | $31M | $76M |
| Stock-based compensation | $7M | $6M | $8M | $9M | $7M | $9M | $12M | $9M | $12M | $13M |
| Free cash flow margin | -376.3% | -1733.3% | -134.7% | -72.5% | -49.2% | 3.5% | -61.7% | -4.9% | 17.5% | 25.7% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RIGL.
Open RIGL in InvestinglyQuestions
What was RIGL's revenue in 2025?
$294M in fiscal 2025, from its 10-K filing.
How much free cash flow does RIGL generate?
$76M in fiscal 2025 (operating cash flow minus capital spending).
From RIGL's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.