8-K Announcements
6May 4, 2026·SEC
Mar 2, 2026·SEC
Jan 12, 2026·SEC
Nuvation Bio Inc. (NUVB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Nuvation Bio Inc. (NUVB) stock price & volume — 10-year historical chart
Nuvation Bio Inc. (NUVB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Nuvation Bio Inc. (NUVB) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $0.01vs $0.03+135.7% | $83Mvs $66M+26.6% |
| Q2 2026 | Mar 2, 2026 | $0.11vs $0.11+0.0% | $42Mvs $38M+10.7% |
| Q4 2025 | Nov 3, 2025 | $0.16vs $0.17+5.9% | $13Mvs $37M-64.4% |
| Q3 2025 | Aug 7, 2025 | $0.17vs $0.17+0.0% | $5Mvs $4M+33.4% |
Nuvation Bio Inc. (NUVB) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison
Nuvation Bio Inc. (NUVB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Nuvation Bio Inc. (NUVB) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 7.87M | 62.9M | 143.05M |
| Revenue Growth % | - | - | - | - | - | - | - | 698.96% | 1205.52% |
| Cost of Goods Sold | 0 | 0 | 103K | 0 | 0 | 0 | 7.08M | 8.44M | 11.96M |
| COGS % of Revenue | - | - | - | - | - | - | 89.9% | 13.42% | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | -103K▲ 0% | 0▲ 100.0% | 0▲ 0% | 0▲ 0% | 795K▲ 0% | 54.46M▲ 6750.3% | 131.08M▲ 0% |
| Gross Margin % | - | - | - | - | - | - | 10.1% | 86.58% | 91.64% |
| Gross Profit Growth % | - | - | - | 100% | - | - | - | 6750.31% | - |
| Operating Expenses | 992K | 32.1M | 43.45M | 93.32M | 119.73M | 99.82M | 593.42M | 267.52M | 281.26M |
| OpEx % of Revenue | - | - | - | - | - | - | 7537.43% | 425.3% | - |
| Selling, General & Admin | 509.33K | 6.99M | 10.85M | 24.28M | 31.92M | 28.53M | 69.23M | 151.56M | 154.48M |
| SG&A % of Revenue | - | - | - | - | - | - | 879.37% | 240.95% | - |
| Research & Development | 482.67K | 25.11M | 32.6M | 69.04M | 87.81M | 71.29M | 524.19M | 115.11M | 125.55M |
| R&D % of Revenue | - | - | - | - | - | - | 6658.06% | 182.99% | - |
| Other Operating Expenses | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 856K | 1.23M |
| Operating Income | -992K▲ 0% | -32.1M▼ 3135.8% | -43.55M▼ 35.7% | -93.32M▼ 114.3% | -119.73M▼ 28.3% | -99.82M▲ 16.6% | -592.63M▼ 493.7% | -213.06M▲ 64.0% | -150.18M▲ 0% |
| Operating Margin % | - | - | - | - | - | - | -7527.33% | -338.72% | -104.99% |
| Operating Income Growth % | - | -3135.79% | -35.68% | -114.27% | -28.31% | 16.63% | -493.68% | 64.05% | - |
| EBITDA | 0 | -32.09M | -43.45M | -93.13M | -119.53M | -99.6M | -591.94M | -190.94M | -145.17M |
| EBITDA Margin % | - | - | - | - | - | - | -7518.66% | -303.56% | -101.49% |
| EBITDA Growth % | - | - | -35.41% | -114.36% | -28.35% | 16.68% | -494.32% | 67.74% | 76.98% |
| D&A (Non-Cash Add-back) | 992K | 13K | 103K | 184K | 199K | 222K | 683K | 0 | 890K |
| EBIT | -992K | -32.1M | -41.66M | -93.32M | -119.73M | -75.8M | -567.6M | -190.94M | -143.8M |
| Net Interest Income | 0 | 1.37K | 1.95M | 2.96M | 7.45M | 24.61M | 26.72M | 7.75M | 2.48M |
| Interest Income | 0 | 1.37K | 1.95M | 2.96M | 7.45M | 24.61M | 27.06M | 21.43M | 15.18M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 341K | 13.68M | 887K |
| Other Income/Expense | 0 | -1.45M | 1.89M | 6.47M | 15.54M | 24.02M | 24.69M | 8.44M | 4.18M |
| Pretax Income | -992K▲ 0% | -33.55M▼ 3282.3% | -41.66M▼ 24.2% | -86.85M▼ 108.5% | -104.2M▼ 20.0% | -75.8M▲ 27.3% | -567.94M▼ 649.2% | -204.63M▲ 64.0% | -145.99M▲ 0% |
| Pretax Margin % | - | - | - | - | - | - | -7213.76% | -325.31% | -102.06% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -992K▲ 0% | -33.55M▼ 3282.3% | -41.66M▼ 24.2% | -86.85M▼ 108.5% | -104.2M▼ 20.0% | -75.8M▲ 27.3% | -567.94M▼ 649.2% | -204.63M▲ 64.0% | -145.99M▲ 0% |
| Net Margin % | - | - | - | - | - | - | -7213.76% | -325.31% | -102.06% |
| Net Income Growth % | - | -3282.26% | -24.16% | -108.47% | -19.98% | 27.25% | -649.24% | 63.97% | 75.92% |
| Net Income (Continuing) | -992K | -33.55M | -41.66M | -86.85M | -104.2M | -75.8M | -567.94M | -204.63M | -145.99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.01▲ 0% | -0.16▼ 2863.0% | -0.19▼ 18.8% | -0.44▼ 131.6% | -0.48▼ 9.1% | -0.35▲ 27.1% | -2.11▼ 502.9% | -0.60▲ 71.6% | -0.39▲ 0% |
| EPS Growth % | - | - | -18.75% | -131.58% | -9.09% | 27.08% | -502.86% | 71.56% | 81.7% |
| EPS (Basic) | -0.01 | -0.16 | -0.19 | -0.44 | -0.48 | -0.35 | -2.11 | -0.60 | - |
| Diluted Shares Outstanding | 183.74M | 206.67M | 217.65M | 197.89M | 216.72M | 218.88M | 268.77M | 341.54M | 377.52M |
| Basic Shares Outstanding | 183.74M | 206.67M | 217.65M | 197.89M | 216.72M | 218.88M | 268.77M | 341.54M | 347.33M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Nuvation Bio Inc. (NUVB) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 158K | 119.89M | 220.68M | 772.07M | 667.32M | 616.43M | 526.25M | 571.52M | 591.53M |
| Cash & Short-Term Investments | 138K | 118.87M | 215.75M | 765.39M | 661.01M | 611.21M | 502.69M | 529.21M | 533.73M |
| Cash Only | 138K | 3.47M | 29.75M | 132.42M | 101.1M | 42.65M | 35.72M | 164.09M | 125.39M |
| Short-Term Investments | 0 | 115.4M | 186M | 632.97M | 559.91M | 568.56M | 466.97M | 365.13M | 408.34M |
| Accounts Receivable | 0 | 0 | 1.09M | 3.04M | 2.48M | 3.7M | 16.29M | 19.36M | 25.98M |
| Days Sales Outstanding | - | - | - | - | - | - | 755.31 | 112.35 | 42.02 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.41M | 15.84M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | 493.37 | 255.64 |
| Other Current Assets | 0 | 828K | 2.92M | 0 | 3.82M | 1.52M | 7.27M | 11.54M | 15.97M |
| Total Non-Current Assets | 0 | 1.07M | 1.11M | 4.08M | 4.82M | 5.05M | 14.37M | 23.3M | 18.71M |
| Property, Plant & Equipment | 0 | 646K | 688K | 3.66M | 4.68M | 4.32M | 2.99M | 4.48M | 4.13M |
| Fixed Asset Turnover | - | - | - | - | - | - | 2.63x | 14.03x | 30.50x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 4.62M | 11.21M | 10.76M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 421K | 421K | 421K | 138K | 728K | 6.76M | 7.61M | 25.51M |
| Total Assets | 158K▲ 0% | 120.95M▲ 76451.9% | 221.79M▲ 83.4% | 776.15M▲ 249.9% | 672.14M▼ 13.4% | 621.48M▼ 7.5% | 540.63M▼ 13.0% | 594.82M▲ 10.0% | 610.24M▲ 0% |
| Asset Turnover | - | - | - | - | - | - | 0.01x | 0.11x | 0.23x |
| Asset Growth % | - | 76451.9% | 83.37% | 249.95% | -13.4% | -7.54% | -13.01% | 10.02% | 47.99% |
| Total Current Liabilities | 902K | 3.2M | 6.55M | 16.93M | 13.16M | 13.97M | 58.24M | 82.23M | 79.52M |
| Accounts Payable | 83K | 2.03M | 2.17M | 3.92M | 2.14M | 2.21M | 6.35M | 9.48M | 22.43M |
| Days Payables Outstanding | - | - | 7.69K | - | - | - | 327.36 | 409.84 | 531.55 |
| Short-Term Debt | 600K | 0 | 0 | 0 | 0 | 0 | 6.28M | 7.6M | 7.63M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 11.12M | 0 | 16.45M |
| Other Current Liabilities | 0 | 11K | 3.23M | 6.17M | 3.99M | 4.35M | 14.82M | 65.15M | 71.89M |
| Current Ratio | 0.18x | 37.42x | 33.69x | 45.62x | 50.70x | 44.11x | 9.04x | 6.95x | 6.95x |
| Quick Ratio | 0.18x | 37.42x | 33.69x | 45.62x | 50.70x | 44.11x | 9.04x | 6.81x | 6.81x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | 195.88 | -233.9 |
| Total Non-Current Liabilities | 0 | 0 | 157K | 13.23M | 3.9M | 2.39M | 18.59M | 206.88M | 211.16M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.54M | 2.2M |
| Capital Lease Obligations | 0 | 0 | 0 | 2.19M | 3.05M | 2.04M | 969K | 0 | 6.37M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 157K | 11.04M | 850K | 353K | 2.05M | 58.51M | 407.07M |
| Total Liabilities | 902K | 3.2M | 6.71M | 30.15M | 17.07M | 16.36M | 76.84M | 289.11M | 290.68M |
| Total Debt | 600K | 0 | 0 | 3.06M | 4.26M | 4.01M | 8.91M | 10.15M | 9.83M |
| Net Debt | 462K | -3.47M | -29.75M | -129.37M | -96.84M | -38.64M | -26.81M | -153.94M | -115.56M |
| Debt / Equity | - | - | - | 0.00x | 0.01x | 0.01x | 0.02x | 0.03x | 0.03x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | -0.07x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | 0.80x |
| Interest Coverage | - | - | - | - | - | - | -1664.51x | -13.96x | -162.11x |
| Total Equity | -744K▲ 0% | 117.75M▲ 15926.3% | 215.08M▲ 82.7% | 746M▲ 246.8% | 655.08M▼ 12.2% | 605.12M▼ 7.6% | 463.79M▼ 23.4% | 305.72M▼ 34.1% | 319.56M▲ 0% |
| Equity Growth % | - | 15926.34% | 82.66% | 246.84% | -12.19% | -7.63% | -23.36% | -34.08% | -48.08% |
| Book Value per Share | -0.00 | 0.57 | 0.99 | 3.77 | 3.02 | 2.76 | 1.73 | 0.90 | 0.85 |
| Total Shareholders' Equity | -744K | 117.75M | 215.08M | 746M | 655.08M | 605.12M | 463.79M | 305.72M | 319.56M |
| Common Stock | 0 | 9.76M | 289.48M | 909.99M | 927.6M | 947.75M | 1.37B | 1.42B | 1.43B |
| Retained Earnings | -744K | -34.3M | -75.95M | -162.8M | -267M | -342.8M | -910.74M | -1.12B | -1.11B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 421K | 1.56M | -1.19M | -5.53M | 181K | 573K | -187K | -1.68M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Nuvation Bio Inc. (NUVB) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -616K | -24.43M | -36.53M | -68.19M | -96.11M | -68M | -130.41M | -173.43M | -173.43M |
| Operating CF Margin % | - | - | - | - | - | - | -1656.46% | -275.71% | - |
| Operating CF Growth % | - | -3866.23% | -49.51% | -86.67% | -40.94% | 29.25% | -91.79% | -32.98% | 48.45% |
| Net Income | -992K | -33.55M | -41.66M | -86.85M | -104.2M | -75.8M | -567.94M | -204.63M | -145.99M |
| Depreciation & Amortization | 0 | 13K | 103K | 184K | 199K | 222K | 683K | 1.74M | -310K |
| Stock-Based Compensation | 0 | 0 | 2.2M | 9.27M | 16.29M | 19.51M | 32.27M | 0 | -7.85M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 110.67K | 9.57M | 715K | 4.41M | -4.95M | -12.47M | 417.07M | 41.44M | -173.44M |
| Working Capital Changes | 265.33K | -460K | 2.11M | 4.79M | -3.45M | 540K | -12.51M | -11.98M | -2.76M |
| Change in Receivables | 0 | 0 | -264K | -1.95M | 554K | -1.22M | -12.59M | -3.07M | -10.83M |
| Change in Inventory | 0 | 0 | 264K | 0 | 0 | 0 | 0 | -11.41M | 14K |
| Change in Payables | 0 | 0 | 34K | 1.86M | -1.79M | 70K | -1.65M | 3.13M | -4.19M |
| Cash from Investing | 0 | -115.86M | -70.32M | -454.67M | 63.46M | 8.92M | 122.7M | 99.52M | 1.7M |
| Capital Expenditures | 0 | -659K | -145K | -282K | -370K | -69K | -162K | -8.35M | 72K |
| CapEx % of Revenue | - | - | - | - | - | - | 2.06% | 13.28% | - |
| Acquisitions | 0 | 0 | -2.51M | 0 | 0 | 0 | 12.43M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -115.2M | 2.51M | 0 | 13K | 14K | 0 | 0 | 55.88M |
| Cash from Financing | 800K | 143.62M | 133.13M | 625.53M | 1.33M | 628K | 331K | 202.53M | 202.03M |
| Debt Issued (Net) | 0 | 14.99M | 0 | 0 | 0 | 0 | -4.55M | 191.11M | 534K |
| Equity Issued (Net) | 0 | 0 | 135.66M | 0 | 0 | 0 | 4.88M | 11.42M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 800K | 128.63M | -2.52M | 625.53M | 1.33M | 628K | 0 | 0 | 201.5M |
| Net Change in Cash | 184K▲ 0% | 3.33M▲ 1710.4% | 26.29M▲ 689.1% | 102.67M▲ 290.6% | -31.32M▼ 130.5% | -58.45M▼ 86.6% | -6.93M▲ 88.2% | 128.36M▲ 1953.3% | 77.41M▲ 0% |
| Free Cash Flow | -616K▲ 0% | -25.09M▼ 3973.2% | -36.67M▼ 46.2% | -68.47M▼ 86.7% | -96.48M▼ 40.9% | -68.07M▲ 29.4% | -130.57M▼ 91.8% | -173.78M▼ 33.1% | -126.01M▲ 0% |
| FCF Margin % | - | - | - | - | - | - | -1658.52% | -276.27% | -88.09% |
| FCF Growth % | - | -3973.21% | -46.16% | -86.7% | -40.9% | 29.45% | -91.83% | -33.09% | 20.01% |
| FCF per Share | -0.00 | -0.12 | -0.17 | -0.35 | -0.45 | -0.31 | -0.49 | -0.51 | -0.51 |
| FCF Conversion (FCF/Net Income) | 0.62x | 0.73x | 0.88x | 0.79x | 0.92x | 0.90x | 0.23x | 0.85x | 0.86x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 341K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 373K | 0 | 0 |
Nuvation Bio Inc. (NUVB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -57.35% | -25.03% | -18.07% | -14.87% | -12.03% | -106.27% | -53.18% | -44.1% |
| Return on Invested Capital (ROIC) | -42.24% | -21.8% | -17.45% | -15.29% | -13.31% | -88.59% | -54.28% | -54.28% |
| Gross Margin | - | - | - | - | - | 10.1% | 86.58% | 91.64% |
| Net Margin | - | - | - | - | - | -7213.76% | -325.31% | -102.06% |
| Debt / Equity | - | - | 0.00x | 0.01x | 0.01x | 0.02x | 0.03x | 0.03x |
| Interest Coverage | - | - | - | - | - | -1664.51x | -13.96x | -162.11x |
| FCF Conversion | 0.73x | 0.88x | 0.79x | 0.92x | 0.90x | 0.23x | 0.85x | 0.86x |
| Revenue Growth | - | - | - | - | - | - | 698.96% | 1205.52% |
Nuvation Bio Inc. (NUVB) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 4, 2026·SEC
Mar 2, 2026·SEC
Jan 12, 2026·SEC
Nuvation Bio Inc. (NUVB) stock FAQ — growth, dividends, profitability & financials explained
Nuvation Bio Inc. (NUVB) reported $143.0M in revenue for fiscal year 2025.
Nuvation Bio Inc. (NUVB) grew revenue by 699.0% over the past year. This is strong growth.
Nuvation Bio Inc. (NUVB) reported a net loss of $146.0M for fiscal year 2025.
Nuvation Bio Inc. (NUVB) has a return on equity (ROE) of -53.2%. Negative ROE indicates the company is unprofitable.
Nuvation Bio Inc. (NUVB) had negative free cash flow of $126.0M in fiscal year 2025, likely due to heavy capital investments.
Nuvation Bio Inc. (NUVB) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates