v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
The following table presents the classification of stock-based compensation expense for employees and non-employees within the Condensed Consolidated Statements of Operations:

Three months ended March 31,
(in thousands)
20262025
Cost of revenue
$900 $2,950 
Research and development11,876 17,800 
General and administrative9,219 14,839 
Total$21,995 $35,589 
Schedule of RSU Activity
The following table summarizes Recursion’s RSU activity during the three months ended March 31, 2026:

Stock unitsWeighted-average grant date fair value
Outstanding as of December 31, 202527,489,925 $6.55 
Granted6,154,778 3.98 
Vested(2,703,740)6.69 
Forfeited(2,375,565)6.46 
Outstanding as of March 31, 202628,565,398 $5.99