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Recursion Pharmaceuticals, Inc. (RXRX) company profile

RXRXNasdaqBiological Products, (No Diagnostic Substances)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 8/302% above fair value
$3.19−0.15 (-4.35%)

Close on Nov 13, 2026Market cap $1.71BP/E –Yield –

About Recursion Pharmaceuticals

Biological Products, (No Diagnostic Substances), SIC 2836

Recursion is a clinical-stage biotechnology company that utilizes an artificial intelligence-native platform to discover and develop therapeutic candidates. The company's operating system combines high-throughput biological data generation, computational small molecule design, and clinical development tools to address high unmet medical needs. Recursion advances an internal pipeline focused on rare diseases and oncology, including clinical-stage programs for familial adenomatous polyposis and advanced solid tumors. Additionally, it collaborates with large biopharmaceutical partners to discover novel targets and small molecule programs across neuroscience, oncology, and immunology.

The company operates automated high-throughput laboratories capable of conducting over two million experiments weekly, supported by proprietary supercomputing infrastructure. Its clinical-stage programs conduct patient enrollment across sites in the United States and Canada. Recursion also engages in multinational discovery and development partnerships with biopharmaceutical corporations based in countries such as Germany. While specific headquarters details are omitted from the text, the company's operational scale includes scaled dry labs, wet-lab facilities, and international clinical trial networks.

Summary of the business section of Recursion Pharmaceuticals's latest annual report, written by StockData.

Company profile

Company

Legal name
Recursion Pharmaceuticals, Inc.
Founded
2013
Headquarters
Salt Lake City, UT
Address
41s Rio Grande Street 84101
Phone
(385) 269-0203
Employees
50, Dec 31, 2025
Industry
Biological Products, (No Diagnostic Substances)
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
PricewaterhouseCoopers LLP, Seattle, Washington

Stock & identifiers

Ticker
RXRX
Exchange
Nasdaq
IPO date
Apr 16, 2021
Shares outstanding
535M, Jul 31, 2026
Public float
$2.03B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1601830
CUSIP
75629V104
ISIN
US75629V1044
FIGI
BBG00PQ4XJ45
Share class FIGI
BBG00PQ4XJ54
EIN
46-4099738

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Najat KhanCEO and President, Director2,072,890
Ben R. TaylorChief Financial Officer1,071,462
David HallettChief Scientific Officer1,043,837
Tina MarriottPresident and COO506,852
David J. MauroChief Medical Officer225,429
Michael SecoraChief Financial Officer1,487,694
Fred HassanDirector156,658
Blake BorgesonDirector6,068,287
Robert HershbergDirector162,156
Zavain DarDirector245,371
Dean Y. LiDirector3,319,755
Elaine D. SunDirector135,981
Franziska MichorDirector215,477
Namandje BumpusDirector127,632
Christopher GibsonDirector6,128,944

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$9.61M$3.48M$3.34M$13$123
FY2024$8.50M$1.91M$6.05M$22$92
FY2023$8.61M$10.68M$4.12M$32$93
FY2022$6.32M-$5.83M$2.05M$25$89
FY2021$673.59K$21.79M$647.82K$55$99

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsOption awardsIncentive payOtherTotalvs. prior year
Christopher Gibson
former Chief Executive Officer and President and current Chair of the Board
$680.00K$3.81M$4.85M$256.78K$15.73K$9.61M+13%
Najat Khan
current Chief Executive Officer and President
$600.00K$1.94M$2.50M$256.78K$46.68K$5.35M-42%
Ben Taylor
Chief Financial Officer
$538.68K$253.88K$323.11K$205.23K$7.59K$1.33M-84%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Apr 16, 2021
Offer price
$18.00
Securities offered
24,242,424
Gross proceeds
$436.36M
Exchange
Nasdaq
First trading day
Apr 16, 2021
First-day close
$31.30+73.9%
Lock-up ends (est.)
Oct 13, 2021

“The initial public offering price is $18.00 per share.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“With a dedicated team of 50 people, Recursion set out to overcome numerous technical and biological challenges, all with the goal of driving innovation in neuroscience.”

Corporate history

Events identified from SEC filings

DateEventDetails
Nov 20, 2024Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 10, 2024Merger voteDefinitive merger proxy statement
May 24, 2024Auditor changeChange in certifying accountant (8-K Item 4.01)
May 9, 2024Auditor changeChange in certifying accountant (8-K Item 4.01)
Apr 16, 2021IPOInitial public offering priced (424B4 prospectus)
Apr 12, 2021ListingRegistration of securities on an exchange (Form 8-A)
Dec 4, 2015Name changeName changed from Recursion Pharmaceuticals, LLC to Recursion Pharmaceuticals, Inc.

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