Nuvation Bio Inc. (NUVB)

Nuvation Bio Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	143.05	62.9	7.87	-	-	-
Revenue Growth (YoY)	1205.52%	698.96%	-	-	-	-
Cost of Revenue	12.34	9.3	7.08	-	-	-
Gross Profit	130.71	53.6	0.8	-	-	-
Selling, General & Admin	154.48	151.56	69.23	28.53	31.92	24.28
Research & Development	125.55	115.11	524.19	71.29	87.82	69.04
Total Operating Expenses	280.03	266.67	593.42	99.82	119.73	93.32
Operating Income	-150.18	-213.06	-592.63	-99.82	-119.73	-93.32
Interest Income	21.22	21.43	27.06	24.61	7.45	2.96
Interest Expense	-20.34	-13.68	-0.34	-	-	-
Other Non-Operating Income (Expense)	3.19	0.69	-2.03	-0.59	8.09	3.51
Total Non-Operating Income (Expense)	4.07	8.44	24.69	24.02	15.54	6.47
Pretax Income	-145.99	-204.63	-567.94	-75.8	-104.2	-86.85
Net Income	-145.99	-204.63	-567.94	-75.8	-104.2	-86.85
Net Income to Common	-145.99	-204.63	-567.94	-75.8	-104.2	-86.85
Shares Outstanding (Basic)	344	342	269	219	217	198
Shares Outstanding (Diluted)	351	342	269	219	217	198
Shares Change (YoY)	17.69%	27.07%	22.79%	1.00%	9.52%	102.90%
EPS (Basic)	-0.42	-0.60	-2.11	-0.35	-0.48	-0.44
EPS (Diluted)	-0.43	-0.60	-2.11	-0.35	-0.48	-0.44
Shares Outstanding	347.69	346.5	337.84	219.05	218.63	217.95
Free Cash Flow	-126.06	-173.78	-130.58	-68.07	-96.48	-68.47
Free Cash Flow Per Share	-0.36	-0.51	-0.49	-0.31	-0.45	-0.35
Gross Margin	91.37%	85.22%	10.10%	-	-	-
Operating Margin	-104.99%	-338.72%	-7527.33%	-	-	-
Profit Margin	-102.06%	-325.31%	-7213.76%	-	-	-
FCF Margin	-88.13%	-276.27%	-1658.52%	-	-	-
EBITDA	-148.21	-211.33	-591.94	-99.6	-119.54	-93.13
EBITDA Margin	-103.61%	-335.96%	-7518.66%	-	-	-
EBIT	-150.18	-213.06	-592.63	-99.82	-119.73	-93.32
EBIT Margin	-104.99%	-338.72%	-7527.33%	-	-	-

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q