Revolution Medicines (RVMD) Net Income (2019 - 2026)

Revolution Medicines (RVMD) recorded quarterly Net Income of -$453.8 million in Q1 2026, down 159.21% quarter-over-quarter from $766.4 million in Q4 2025, and down 112.64% on a YoY basis from $3.6 billion in Q1 2025.

Revolution Medicines (RVMD) Net Income (2019 - 2026) Analysis & Trends

Revolution Medicines' Net Income history runs 8 years deep, the most recent figure standing at -$453.8 million for Q1 2026.

  • In Q1 2026, Net Income fell 112.64% year-over-year to -$453.8 million; the TTM figure through Mar 2026 stood at -$240.4 million (up 65.53% YoY), while the FY2024 annual figure was -$600.0 million, down 36.31% from the prior year.
  • Net Income was -$453.8 million for Q1 2026 at Revolution Medicines, down from $766.4 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $766.4 million in Q4 2025 to a low of -$453.8 million in Q1 2026.
  • Historically, Net Income has averaged -$102.5 million across 5 years, with a median of -$116.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Net Income plunged 192.58% in 2023, then jumped 494.0% in 2025.
  • A 5-year view of Net Income shows it stood at -$56.5 million in 2022, then sank by 192.58% to -$165.4 million in 2023, then dropped by 17.62% to -$194.5 million in 2024, then surged by 494.0% to $766.4 million in 2025, then tumbled by 159.21% to -$453.8 million in 2026.
  • The last three Net Income figures came in at -$453.8 million (Q1 2026), $766.4 million (Q4 2025), and -$305.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 30.80 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.40 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.96 Bn 91.96 Bn - -56.48 Mn
10 Revolution Medicines 32.33 Bn 32.33 Bn - -453.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -453.82 Mn
Dec 31, 2025 766.41 Mn
Sep 30, 2025 -305.21 Mn
Jun 30, 2025 -247.79 Mn
Mar 31, 2025 -213.42 Mn
Dec 31, 2024 -194.52 Mn
Sep 30, 2024 -156.29 Mn
Jun 30, 2024 -133.23 Mn
Mar 31, 2024 -116.00 Mn
Dec 31, 2023 -165.39 Mn
Sep 30, 2023 -108.43 Mn
Jun 30, 2023 -98.30 Mn
Mar 31, 2023 -68.10 Mn
Dec 31, 2022 -56.53 Mn
Sep 30, 2022 -73.33 Mn
Jun 30, 2022 -61.22 Mn
Mar 31, 2022 -57.65 Mn
Dec 31, 2021 -52.68 Mn
Sep 30, 2021 -52.94 Mn
Jun 30, 2021 -44.30 Mn