XML 44 R32.htm IDEA: XBRL DOCUMENT v3.25.3

Segment Information (Tables)

9 Months Ended

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

X

- 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

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration