Recursion (RXRX) Q2 2026 Earnings Call Transcript

Recursion (RXRX) reported second-quarter 2026 financial and operating updates during its Aug. 5 earnings call, including $7.7 million in total revenue versus $19.2 million in Q2 2025. The company posted a net loss of $131.0 million, down from $171.9 million a year earlier, helped by lower platform and research costs. Cash and equivalents were $556.8 million as of June 30, 2026, providing an operating runway into early 2028. Recursion also cut 2026 cash operating expense guidance to $375 million from $390 million, citing identified operating efficiencies.