10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 22.1% per year over the past 5 years.
Operating margin has expanded, at 42.6% in the latest year.
Financial health
Total debt ($53M) exceeds cash ($41M); net debt is $12M.
Total debt has grown in line with revenue (21.3% vs 22.1% per year).
Operating income covered interest expense 17× in the latest year.
Total debt is 0.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$294M
$367M
93.3%
42.6%
93.8%
71.5%
—
$53M
$41M
2024
$179M
$17M
89.6%
13.5%
531.8%
10.7%
—
$60M
$57M
2023
$117M
-$25M
93.9%
-17.5%
87.6%
-21.4%
—
$60M
$33M
2022
$120M
-$59M
98.5%
-46.2%
430.2%
-43.6%
-$74M
$40M
$24M
2021
$149M
-$18M
99.3%
-8.4%
-59.0%
-10.7%
$5M
$20M
$19M
2020
$109M
-$30M
99.2%
-26.7%
-87.4%
-26.9%
-$53M
$20M
$30M
2019
$59M
-$67M
98.5%
-116.5%
-124.3%
-45.3%
-$43M
$10M
$23M
2018
$45M
—
99.4%
-163.3%
0.0%
0.0%
-$60M
—
$76M
2017
$4M
—
0.0%
-1775.6%
0.0%
0.0%
-$78M
—
$38M
2016
$20M
—
0.0%
-342.2%
0.0%
0.0%
-$77M
—
$18M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Mar '26
$59M
$9M
92.2%
20.2%
2.2%
1.7%
—
$45M
$24M
Dec '25
$70M
$268M
91.5%
33.2%
68.5%
52.2%
—
$53M
$41M
Sep '25
$69M
$28M
93.2%
40.9%
23.7%
11.5%
—
$60M
$49M
Jun '25
$102M
$60M
95.6%
60.1%
72.8%
28.8%
—
$60M
$53M
Mar '25
$53M
$11M
91.7%
23.9%
61.6%
6.5%
—
$60M
$46M
Dec '24
$58M
$14M
89.9%
28.9%
436.2%
8.7%
—
$60M
$57M
Sep '24
$55M
$12M
85.5%
25.4%
-84.9%
8.9%
—
$60M
$52M
Jun '24
$37M
-$1M
92.4%
1.2%
3.4%
-0.8%
—
$60M
$36M
Mar '24
$30M
-$8M
93.1%
-23.6%
26.0%
-6.5%
—
$60M
$26M
Dec '23
$36M
$737000
89.4%
5.5%
-2.6%
0.6%
—
$60M
$33M
Sep '23
$28M
-$6M
95.5%
-15.9%
17.9%
-4.9%
—
$60M
$45M
Jun '23
$27M
-$7M
96.0%
-19.6%
23.5%
-5.6%
—
$60M
$49M
Mar '23
$26M
-$14M
96.3%
-48.8%
55.8%
-11.0%
—
$60M
$40M
Dec '22
$51M
$1M
99.3%
4.1%
-10.3%
1.0%
-$22M
$40M
$24M
Sep '22
$22M
-$19M
98.9%
-82.1%
96.0%
-16.5%
-$13M
$40M
$30M
Jun '22
$30M
-$13M
96.5%
-43.5%
366.9%
-10.5%
-$13M
$30M
$27M
Mar '22
$17M
-$27M
99.3%
-156.9%
-403.7%
-18.4%
-$26M
$30M
$25M
Dec '21
$20M
-$23M
97.6%
-104.9%
-74.5%
-13.5%
-$19M
$20M
$19M
Sep '21
$22M
-$21M
99.3%
-91.8%
-42.2%
-11.2%
-$10M
$20M
$30M
Jun '21
$26M
-$14M
99.5%
-49.7%
-20.3%
-6.9%
$55M
$20M
$85M
Valuation over time
How the market has priced RIGL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 18.0× (Dec '24) to 2.6× (Nov '26).
The price-to-sales ratio has risen from 2.1× (Mar '23) to 3.2× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is RIGL growing its revenue and profit?
Over the past 5 years, Rigel Pharmaceuticals Inc's revenue has grown 22.1% per year. These are computed facts, not advice.
How much debt does RIGL have?
As of FY2025, Rigel Pharmaceuticals Inc reported $53M of total debt against $41M of cash; operating income covered interest expense 17×.
What is RIGL's profit margin?
In FY2025, gross margin was 93.3%, operating margin 42.6%, and net margin 124.7%.
What is RIGL's P/E ratio?
Rigel Pharmaceuticals Inc's P/E (TTM) is 2.93 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the RIGL stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 2.6× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.