Nuvalent, Inc. (NUVL)

Nuvalent Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	127.47	145.69	335.39	241.81	68.53	10.33
Short-Term Investments	878.13	972.61	384.52	230.36	219.59	-
Cash & Short-Term Investments	1,006	1,118	719.91	472.16	288.11	10.33
Cash Growth	52.83%	55.34%	52.47%	63.88%	2688.53%	242.57%
Prepaid Expenses	14.01	14.15	6.58	5.83	2.52	0.31
Total Current Assets	1,020	1,132	726.49	477.99	290.63	10.65
Other Long-Term Assets	20.93	9.3	5.9	4.47	3.2	-
Total Assets	1,041	1,142	732.38	482.46	293.82	10.65
Accounts Payable	13.34	5.23	9.27	7.2	2.89	1.25
Accrued Expenses	61.81	48.8	22.55	12.29	5.89	1.17
Other Current Liabilities	-	-	-	-	-	1.96
Total Current Liabilities	75.15	54.02	31.82	19.48	8.79	4.38
Long-Term Debt	-	-	-	-	-	2.24
Other Long-Term Liabilities	25.65	17.94	-	-	-	-
Total Liabilities	100.8	71.96	31.82	19.48	8.79	6.62
Common Stock	0.01	0.01	0.01	0.01	0.01	-
Additional Paid-In Capital	1,670	1,617	986.82	623.54	363.48	0.84
Retained Earnings	-731.29	-547.05	-286.3	-160.08	-78.22	-31.89
Comprehensive Income & Other	1.36	-0.06	0.03	-0.49	-0.23	-0.28
Total Common Equity	939.74	1,070	700.56	462.98	285.04	-31.32
Shareholders' Equity	939.74	1,070	700.56	462.98	285.04	4.03
Total Liabilities & Equity	1,041	1,142	732.38	482.46	293.82	10.65
Total Debt	-	-	-	-	-	2.24
Net Cash (Debt)	1,006	1,118	719.91	472.16	288.11	8.1
Net Cash Growth	52.83%	55.34%	52.47%	63.88%	3458.24%	860.50%
Net Cash Per Share	14.35	16.84	12.36	9.51	13.23	2.82
Filing Date Shares Outstanding	72.1	71.6	64.07	56.7	48.31	3.13
Total Common Shares Outstanding	72.02	71.34	64.07	56.67	48.3	3.13
Working Capital	944.46	1,078	694.67	458.51	281.84	6.27
Book Value Per Share	13.05	14.99	10.94	8.17	5.90	-10.01
Tangible Book Value	939.74	1,070	700.56	462.98	285.04	-31.32
Tangible Book Value Per Share	13.05	14.99	10.94	8.17	5.90	-10.01

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q