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Nuvation Bio Inc. revenue

Nuvation Bio Inc.'s revenue was $62.9m in fiscal 2025, up 699.0% on the year before. Over the last twelve months it was $170m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Nuvation Bio Inc.: revenue history, annual
Fiscal year2023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue0863170
Growth on the year before——+699.0%—
Gross profit01——
Gross margin—10.1%——

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Licenses $38.2M ▲ 385.7%
Product Revenue $24.7M —
Products $24.7M —

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
Japan $28.8M 45.8% ▲ 956.5%
United States $24.7M 39.3% —
China $9.4M 14.9% ▲ 82.6%

From Nuvation Bio Inc.'s 10-K filed March 2, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Biotechnology: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Nuvation Bio Inc. $170m 1083.6% —
Immunitybio, Inc. $166m 192.9% 554.3%
Arbutus Biopharma Corp $182m 1078.8% 97.6%
Beam Therapeutics Inc. $156m 158.9% 24.9%
Urogen Pharma Ltd. $189m 100.3% 37.6%
Karyopharm Therapeutics Inc. $147m 6.8% 0.1%

Compare with peers

Head to head: IBRX vs NUVBABUS vs NUVBBEAM vs NUVBNUVB vs URGN

More: Biotechnology stocks compared, Health Care sector, rankings of US companies

Figures from Nuvation Bio Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Nuvation Bio Inc.