v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 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. The salaries and consumables segment expenses contain all related Company amounts. The consumables category includes all Tempus record costs. 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 June 30,Six months ended June 30,
(In thousands)2026202520262025
Revenue$7,670 $19,223 $14,143 $33,968 
Significant segment expenses
Salaries67,170 83,037 141,468 166,591 
Consumables14,960 29,121 22,106 83,798 
Platform6,679 13,792 14,293 22,557 
Discovery4,044 15,380 10,377 21,667 
Clinical development10,673 11,960 17,242 22,524 
Depreciation and amortization18,167 26,185 37,840 45,516 
Other segment items20,945 15,975 34,289 38,910 
Loss from operations134,968 176,227 263,472 367,595 
Other non-operating income (loss), net3,962 4,330 10,359 (6,947)
Income tax benefit1 — 4,604 158 
Total segment loss$131,005 $171,897 $248,509 $374,384 
Supplemental asset information
Total expenditures for additions to long-lived assets$43 $2,266 $302 $5,244