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Nuvalent, Inc.

Nuvalent, Inc.NUVLEarnings & Financial Report

Nasdaq
NextFeb 18, 2026

NUVL Q3 2024 Key Financial Metrics

Revenue

$8.7M

Gross Profit

N/A

Operating Profit

$-76.3M

Net Profit

$-84.3M

Gross Margin

N/A

Operating Margin

-877.4%

Net Margin

-969.5%

YoY Growth

74.0%

EPS

$-1.28

Financial Flow

Nuvalent, Inc. Q3 2024 Financial Summary

Nuvalent, Inc. reported revenue of $8.7M for Q3 2024, with a net profit of $-84.3M (-969.5% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$8.7M
Net Profit$-84.3M
Gross MarginN/A
Operating Margin-877.4%
Report PeriodQ3 2024

Income Statement

Q1 2023Q2 2023Q3 2023Q1 2024Q2 2024Q3 2024
Revenue$5.0M$5.1M$5.0M$8.5M$8.1M$8.7M
YoY GrowthN/AN/AN/A70.0%58.8%74.0%

Balance Sheet

Q1 2023Q2 2023Q3 2023Q1 2024Q2 2024Q3 2024
Assets$461.0M$441.9M$425.1M$708.5M$675.2M$1.19B
Liabilities$17.0M$20.8M$29.1M$33.4M$38.2M$67.7M
Equity$444.0M$421.2M$396.0M$675.0M$637.0M$1.12B

Cash Flow

Q1 2023Q2 2023Q3 2023Q1 2024Q2 2024Q3 2024
Operating CF$-24.4M$-22.1M$-23.0M$-36.1M$-41.2M$-45.8M