Recursion expects cash runway to extend into 2029
RXRX•Recursion expects its cash to fund operations into 2029, including approximately $200 million in gross proceeds from an October 2026 stock offering. Cash, cash equivalents and restricted cash totaled approximately $561 million as of September 30, 2026.
1. Cash runway outlook
Recursion expects cash to fund operations into 2029, including net proceeds from its October 2026 underwritten offering of common stock. The offering is expected to generate approximately $200 million in gross proceeds. Cash, cash equivalents and restricted cash totaled approximately $561 million as of September 30, 2026.
