Nuvation Bio Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	62.9	7.87	-	-	-
Revenue Growth (YoY)	698.96%	-	-	-	-
Cost of Revenue	9.3	7.08	-	-	-
Gross Profit	53.6	0.8	-	-	-
Selling, General & Admin	151.56	69.23	28.53	31.92	24.28
Research & Development	115.11	524.19	71.29	87.82	69.04
Total Operating Expenses	266.67	593.42	99.82	119.73	93.32
Operating Income	-213.06	-592.63	-99.82	-119.73	-93.32
Interest Income	21.43	27.06	24.61	7.45	2.96
Interest Expense	-13.68	-0.34	-	-	-
Other Non-Operating Income (Expense)	0.69	-2.03	-0.59	8.09	3.51
Total Non-Operating Income (Expense)	8.44	24.69	24.02	15.54	6.47
Pretax Income	-204.63	-567.94	-75.8	-104.2	-86.85
Net Income	-204.63	-567.94	-75.8	-104.2	-86.85
Net Income to Common	-204.63	-567.94	-75.8	-104.2	-86.85
Shares Outstanding (Basic)	342	269	219	217	198
Shares Outstanding (Diluted)	342	269	219	217	198
Shares Change (YoY)	27.07%	22.79%	1.00%	9.52%	102.90%
EPS (Basic)	-0.60	-2.11	-0.35	-0.48	-0.44
EPS (Diluted)	-0.60	-2.11	-0.35	-0.48	-0.44
Free Cash Flow	-173.78	-130.58	-68.07	-96.48	-68.47
Free Cash Flow Per Share	-0.51	-0.49	-0.31	-0.45	-0.35
Gross Margin	85.22%	10.10%	-	-	-
Operating Margin	-338.72%	-7527.33%	-	-	-
Profit Margin	-325.31%	-7213.76%	-	-	-
FCF Margin	-276.27%	-1658.52%	-	-	-
EBITDA	-211.33	-591.94	-99.6	-119.54	-93.13
EBITDA Margin	-335.96%	-7518.66%	-	-	-
EBIT	-213.06	-592.63	-99.82	-119.73	-93.32
EBIT Margin	-338.72%	-7527.33%	-	-	-

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q