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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Net Loss and Reconciliations of Segment Operating Loss to Loss Before Income Tax Benefit | The following table presents Recursion’s segment net loss:
| Three months ended September 30, |  | Nine months ended September 30,
(In thousands) | 2025 | 2024 |  | 2025 | 2024
Revenue | $ | 5,175 |  | $ | 26,082 |  |  | $ | 39,143 |  | $ | 54,293 |
Significant segment expenses |  |  |  |  |
Salaries | 68,600 |  | 55,515 |  |  | 235,190 |  | 156,171 |
Consumables | 8,928 |  | 19,419 |  |  | 92,725 |  | 54,176 |
Platform | 14,377 |  | 8,330 |  |  | 36,934 |  | 13,102 |
Discovery | 37,049 |  | 3,375 |  |  | 58,716 |  | 19,115 |
Clinical development | 10,814 |  | 9,050 |  |  | 33,338 |  | 31,966 |
Depreciation and amortization | 18,708 |  | 6,637 |  |  | 64,223 |  | 22,982 |
Other segment items | 18,901 |  | 22,110 |  |  | 57,815 |  | 52,017 |
Loss from operations | 172,202 |  | 98,354 |  |  | 539,798 |  | 295,236 |
Other non-operating income (loss), net | 9,952 |  | 2,679 |  |  | 3,005 |  | 9,347 |
Income tax benefit | (3) |  | (167) |  |  | 156 |  | 1,134 |
Total segment loss | $ | 162,253 |  | $ | 95,842 |  |  | $ | 536,637 |  | $ | 284,755 |
Supplemental asset information |  |  |  |  |
Total expenditures for additions to long-lived assets | $ | 39 |  | $ | 4,248 |  |  | $ | 5,283 |  | $ | 12,633 |
Schedule of Long-Lived Assets Based on Geographic Areas | Recursion’s revenues are attributed to the following geographic areas based on the location the services are performed:
| Three months ended September 30, |  | Nine months ended September 30, |  |  |
(In thousands) | 2025 | 2024 |  | 2025 | 2024 |  |  |
United States | $ | 1,110 |  | $ | 26,082 |  |  | $ | 22,393 |  | $ | 54,293 |  |  |  |
United Kingdom | 4,065 |  | — |  |  | 16,750 |  | — |  |  |  |
Total | $ | 5,175 |  | $ | 26,082 |  |  | $ | 39,143 |  | $ | 54,293 |  |  |  |
Recursion’s long-lived assets are attributed to the following geographic areas based on their location:
(In thousands) | September 30, 2025 | December 31, 2024 |  |  |
United States | $ | 66,571 |  | $ | 78,471 |  |  |  |
United Kingdom | 42,655 |  | 56,332 |  |  |  |
Canada | 2,480 |  | 2,631 |  |  |  |
Other | — |  | 3,629 |  |  |  |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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