v3.26.1
Segment Information
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
Segment loss

Recursion operates as a single operating segment that is managed on a consolidated basis. The Company’s chief operating decision maker (CODM) is its Chief Executive Officer. The CODM uses segment net loss to evaluate the performance of its segment, analyze financial trends, compare the budget to the actual operating results and make resource allocation decisions. Segment net loss represents the Company’s consolidated net loss. All corporate costs, global function support costs, overhead costs and other shared costs are included within this segment. Other segment items primarily include general and administrative expenses including facilities, information technology, professional fees (including auditing, tax and legal) and insurance.

The following table presents Recursion’s segment revenue, significant segment expenses, and segment net loss:

Three months ended March 31,
(In thousands)20262025
Revenue$6,472 $14,745 
Significant segment expenses
Salaries74,298 83,554 
Consumables7,146 54,677 
Platform7,614 8,765 
Discovery6,332 6,287 
Clinical development6,569 10,564 
Depreciation and amortization19,673 19,331 
Other segment items13,345 22,935 
Loss from operations128,505 191,368 
Other non-operating income (loss), net6,397 (11,277)
Income tax benefit4,604 158 
Total segment loss$117,504 $202,487 
Supplemental asset information
Total expenditures for additions to long-lived assets$258 $2,978