Nuvalent, Inc. (NUVL) Financial Statements
Nuvalent financial statements at a glance
Nuvalent reported revenue of $0 for fiscal year 2025 (ended December 31, 2025). Net income was -$425.38 million.
At the end of fiscal year 2025 it had total assets of $1.41 billion, total liabilities of $164.37 million and shareholders' equity of $1.25 billion, with cash and short-term investments of $1.37 billion.
Its operations brought in -$275.21 million of cash, leaving free cash flow of -$275.21 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Nuvalent, Inc.
Income Statement
Annual • USD
Nuvalent key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Operating income | -$414.3M | -$280.4M | -$149.5M | -$86.1M | -$45.8M |
| Net income | -$425.4M | -$260.8M | -$126.2M | -$81.9M | -$46.3M |
| Diluted EPS | – | – | -$2.17 | -$1.65 | -$2.13 |
| Total assets | $1.4B | $1.1B | $732.4M | $482.5M | $293.8M |
| Total liabilities | $164.4M | $72.0M | $31.8M | $19.5M | $8.8M |
| Shareholders' equity | $1.2B | $1.1B | $700.6M | $463.0M | $285.0M |
| Cash and short-term investments | $1.4B | $1.1B | $719.9M | $472.2M | $288.1M |
| Operating cash flow | -$275.2M | -$185.1M | -$99.7M | -$65.0M | -$40.0M |
| Free cash flow | -$275.2M | -$185.1M | -$99.7M | -$65.0M | -$40.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2019.
Questions and answers
What was Nuvalent's revenue in fiscal year 2025?
$0.
How much profit does Nuvalent make?
Nuvalent reported net income of -$425.38 million for fiscal year 2025; operating income was -$414.31 million.
How much cash and debt does Nuvalent have?
At the end of fiscal year 2025: cash and short-term investments of $1.37 billion.
What is Nuvalent's free cash flow?
-$275.21 million in fiscal year 2025 (operating cash flow of -$275.21 million).
