Nuvalent, Inc.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total operating expenses +	0.41	0.28	0.15	0.09	0.05	0.02	0.01
Selling, general and administrative	0.11	0.06	0.04	0.02	0.01	0.00	0.00
Research and development	0.31	0.22	0.11	0.06	0.04	0.02	0.01
Other operating expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating income	-0.41	-0.28	-0.15	-0.09	-0.05	-0.02	-0.01
Non-operating income (net)	-0.01	0.02	0.02	0.00	0.00	0.00	0.00
Income before tax	-0.42	-0.26	-0.13	-0.08	-0.05	-0.01	-0.01
Income tax expense	0.00	0.00	0.00	-0.01	0.00	0.00	0.00
Net income	-0.43	-0.26	-0.13	-0.07	-0.05	-0.01	-0.01

Show Quarterly Income Statement

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Total revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross profit																		0.00
Total operating expenses +	0.12	0.10	0.11	0.10	0.09	0.09	0.08	0.07	0.05	0.05	0.04	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.00	0.00	0.00
Selling, general and administrative	0.04	0.03	0.03	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Research and development	0.08	0.07	0.08	0.08	0.07	0.07	0.06	0.05	0.04	0.04	0.03	0.03	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Other operating expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating income	-0.12	-0.10	-0.11	-0.10	-0.09	-0.09	-0.08	-0.07	-0.05	-0.05	-0.04	-0.03	-0.03	-0.03	-0.02	-0.02	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01	0.00	0.00	0.00
Non-operating income (net)	0.01	-0.02	-0.01	0.01	0.01	0.01	-0.01	0.01	0.01	0.01	0.01	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Income before tax	-0.11	-0.12	-0.12	-0.10	-0.08	-0.07	-0.08	-0.06	-0.04	-0.04	-0.03	-0.03	-0.03	-0.03	-0.02	-0.02	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01	0.00	-0.01	0.01
Income tax expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	-0.01	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Net income	-0.11	-0.12	-0.12	-0.10	-0.08	-0.07	-0.08	-0.06	-0.04	-0.04	-0.03	-0.03	-0.03	-0.03	-0.02	-0.02	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01	0.00	-0.01	0.01

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total cash and short-term investments +	1.37	1.12	0.72	0.47	0.29	0.01	0.00
Cash and cash equivalents	0.26	0.15	0.34	0.24	0.07	0.01	0.00
Short-term investments	1.11	0.97	0.38	0.23	0.22	0.00
Accounts receivable, net				0.00	0.00
Other current assets	0.02	0.01	0.01	0.01	0.00	0.00	0.00
Total current assets	1.39	1.13	0.73	0.48	0.29	0.01	0.00
Total non-current assets +	0.02	0.01	0.01	0.00	0.00	0.00	0.00
Property, plant and equipment, net
Goodwill
Intangible assets
Long-term investments
Other non-current assets
Total assets	1.41	1.14	0.73	0.48	0.29	0.01	0.00

Total current liabilities +	0.09	0.05	0.03	0.02	0.01	0.00	0.00
Accounts payable	0.03	0.01	0.01	0.01	0.00	0.00	0.00
Short-term debt						0.00	0.00
Current portion of long-term debt
Deferred revenue
Other current liabilities	0.06	0.05	0.02	0.01	0.01	0.00	0.01
Total non-current liabilities +	0.07	0.02	0.00	0.01	0.00	0.04	0.02
Long-term debt						0.00	0.00
Capital lease obligations
Other non-current liabilities	0.00
Total liabilities	0.16	0.07	0.03	0.02	0.01	0.04	0.02

Total stockholders' equity +	1.25	1.07	0.70	0.46	0.29	-0.03	-0.02
Common stock and paid-in capital	2.22	1.62	0.99	0.62	0.36	0.00	0.00
Retained earnings	-0.97	-0.55	-0.29	-0.16	-0.08	-0.03	-0.02
Common shares outstanding	73	66	58	50	22	23	48

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Total cash and short-term investments +	1.29	1.37	0.94	1.01	1.07	1.12	1.17	0.66	0.69	0.72	0.41	0.43	0.45	0.47	0.24	0.26	0.27	0.29	0.30	0.14	0.01	0.01	0.00	0.00	0.00
Cash and cash equivalents	0.16	0.26	0.12	0.13	0.12	0.15	0.37	0.08	0.10	0.34	0.09	0.07	0.09	0.24	0.08	0.08	0.07	0.07	0.25	0.14	0.01	0.01			0.00
Short-term investments	1.13	1.11	0.83	0.88	0.95	0.97	0.80	0.58	0.59	0.38	0.32	0.36	0.36	0.23	0.16	0.18	0.21	0.22	0.06						0.01
Accounts receivable, net														0.00				0.00	0.00
Other current assets	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total current assets	1.31	1.39	0.96	1.02	1.09	1.13	1.18	0.67	0.70	0.73	0.42	0.44	0.46	0.48	0.25	0.26	0.27	0.29	0.31	0.14	0.01	0.01			0.00
Total non-current assets +	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00			0.00
Property, plant and equipment, net
Goodwill
Intangible assets
Long-term investments
Other non-current assets
Total assets	1.33	1.41	0.98	1.04	1.11	1.14	1.19	0.68	0.71	0.73	0.43	0.44	0.46	0.48	0.25	0.26	0.28	0.29	0.31	0.14	0.02	0.01

Total current liabilities +	0.08	0.09	0.09	0.08	0.08	0.05	0.05	0.04	0.03	0.03	0.03	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00
Accounts payable	0.02	0.03	0.02	0.01	0.03	0.01	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Short-term debt
Current portion of long-term debt
Deferred revenue
Other current liabilities	0.06	0.06	0.07	0.06	0.05	0.05	0.04	0.03	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.00	0.01	0.00	0.00	0.00	0.00
Total non-current liabilities +	0.08	0.07	0.05	0.03	0.02	0.02	0.02	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.19	0.00	0.04
Long-term debt																						0.00
Capital lease obligations
Other non-current liabilities		0.00	0.00	0.00	0.00
Total liabilities	0.16	0.16	0.13	0.10	0.09	0.07	0.07	0.04	0.03	0.03	0.03	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.19	0.00	0.04

Total stockholders' equity +	1.17	1.25	0.85	0.94	1.01	1.07	1.12	0.64	0.68	0.70	0.40	0.42	0.44	0.46	0.24	0.25	0.27	0.29	0.30	-0.05	0.01	-0.03			0.00
Common stock and paid-in capital	2.26	2.22	1.70	1.67	1.64	1.62	1.59	1.02	1.01	0.99	0.64	0.64	0.63	0.62	0.37	0.37	0.36	0.36	0.36	0.00	0.05	0.00	0.00	0.00	0.00
Retained earnings	-1.08	-0.97	-0.85	-0.73	-0.63	-0.55	-0.47	-0.39	-0.33	-0.29	-0.25	-0.21	-0.19	-0.16	-0.13	-0.11	-0.10	-0.08	-0.06	-0.05	-0.04	-0.03
Common shares outstanding	79	75	72	72	72	71	66	65	64	62	57	57	57	54	48	48	48	48	32	46	23	23	23	23	23

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Operating cash flow +	-0.28	-0.19	-0.10	-0.06	-0.04	-0.01	-0.01
Net income
Depreciation, depletion and amortization				0.00	0.00
Stock-based compensation	0.09	0.06	0.03	0.01	0.00	0.00	0.00
Change in inventory
Other working capital changes	-0.36	-0.25	-0.13	-0.07	-0.04	-0.02	-0.01
Cash flow from investing +	-0.12	-0.57	-0.14	-0.01	-0.22	-0.22	-0.22
Capital expenditures	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Others incl. marketable securities changes	-0.12	-0.57	-0.14	-0.01	-0.22	-0.22	-0.22
Cash flow from financing +	0.52	0.57	0.34	0.25	0.32	0.02	0.02
Dividend payout
Common stock repurchases			0.00	0.25	0.32
Net Debt Issuance	0.52	0.57	0.34	0.00	0.00	0.02	0.02

Change in cash	0.12	-0.19	0.09	0.17	0.06	-0.21	-0.21

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Operating cash flow +	-0.09	-0.07	-0.07	-0.08	-0.05	-0.06	-0.05	-0.04	-0.04	-0.03	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01	-0.01	0.00	0.00	0.00	0.00
Net income
Depreciation, depletion and amortization										0.00			0.00	0.00	0.00	0.00	0.00	0.00
Stock-based compensation	0.03	-0.06	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Change in inventory
Other working capital changes	-0.12	-0.01	-0.09	-0.10	-0.08	-0.08	-0.06	-0.06	-0.05	-0.04	-0.03	-0.03	-0.03	-0.02	-0.02	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01	0.00	0.00	0.00	0.00
Cash flow from investing +	-0.02	-0.28	0.05	0.08	0.03	-0.17	-0.21	0.02	-0.21	-0.06	0.04	0.00	-0.13	-0.07	0.02	0.02	0.01	-0.16	-0.06	-0.06	-0.06		-0.06
Capital expenditures	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Others incl. marketable securities changes	-0.02	-0.28	0.05	0.08	0.03	-0.17	-0.21	0.02	-0.21	-0.06	0.04	0.00	-0.13	-0.07	0.02	0.02	0.01	-0.16	-0.06	-0.06	-0.06	0.00	-0.06	0.00	0.00
Cash flow from financing +	0.01	0.50	0.00	0.01	0.00	0.01	0.55	0.00	0.01	0.33	0.00	0.00	0.00	0.25	0.00	0.00	0.00	0.00	0.17	0.13	0.01	0.00	0.01	0.00	0.01
Dividend payout
Common stock repurchases										0.00			0.00	0.25	0.00	0.00	0.00
Net Debt Issuance	0.01	0.50	0.00	0.01	0.00	0.01	0.55	0.00	0.01	0.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.17	0.13	0.01	0.00	0.01	0.00	0.01

Change in cash	-0.10	0.15	-0.01	0.01	-0.02	-0.22	0.29	-0.02	-0.24	0.25	0.02	-0.02	-0.15	0.17	0.00	0.01	0.00	-0.18	0.11	0.07	-0.05	0.00	-0.05	0.00	0.01