ARCUTIS BIOTHERAPEUTICS, INC. financials
Source: EDGAR filings · Built 2026-06-02T02:21:59Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -6.31M | -112.30M | -247.49M | -258.05M | -175.62M | -113.35M |
| EBITDA | -6.86M | -125.84M | -239.55M | -300.69M | -206.07M | -136.52M |
| Working Capital | 281.39M | 254.81M | 283.76M | 399.60M | 369.45M | 270.22M |
| Net Debt | 71.61M | 39.25M | 117.52M | 148.90M | -18.89M | -60.12M |
| Gross Margin | 90.24% | 90.27% | 91.63% | 79.54% | — | — |
| Operating Margin | -3.25% | -65.33% | -404.49% | -8183.04% | — | — |
| Net Margin | -4.29% | -71.25% | -439.79% | -8449.76% | — | — |
| Return on Equity (ROE) | -8.52% | -88.89% | -295.65% | -148.61% | -69.32% | -50.14% |
| Return on Assets (ROA) | -3.73% | -40.14% | -76.79% | -69.32% | -50.56% | -45.49% |
| Current Ratio | 3.17× | 4.15× | 7.08× | 11.57× | 12.09× | 12.96× |
| Debt-to-Equity | 0.60× | 0.70× | 2.32× | 0.97× | 0.26× | 0.02× |
| Cash Conversion Ratio | 0.35× | 0.80× | 0.94× | 0.83× | 0.85× | 0.83× |
| Accruals Ratio | -0.02× | -0.08× | -0.04× | -0.12× | -0.08× | -0.08× |
| SBC % of Revenue | 10.73% | 21.23% | 65.12% | 886.65% | — | — |
| CapEx Coverage | -8.20× | -784.32× | -577.24× | -773.92× | -175.50× | -352.13× |
| Free Cash Flow Per Share | $-0.05 | $-0.93 | $-3.57 | $-4.69 | $-3.55 | $-3.18 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 376.07M | 196.54M | 59.61M | 3.69M | — | — |
| Cost of Goods and Services Sold | 36.70M | 19.13M | 4.99M | 754.00K | 0 | — |
| Research and Development Expense | 77.05M | 76.42M | 110.58M | 182.44M | 145.56M | 115.31M |
| Selling, General and Administrative Expense | 274.55M | 229.39M | 185.15M | 122.12M | 60.97M | — |
| Operating Expenses | — | — | — | 305.31M | 206.53M | 136.65M |
| Operating Income (Loss) | -12.23M | -128.40M | -241.10M | -301.63M | -206.53M | -136.65M |
| Income Tax Expense (Benefit) | 1.17M | 647.00K | 3.11M | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -16.14M | -140.04M | -262.14M | -311.46M | -206.36M | -135.68M |
| Earnings Per Share, Basic | $-0.13 | $-1.16 | $-3.78 | $-5.66 | $-4.18 | $-3.80 |
| Weighted Average Number of Shares Outstanding, Basic | 127.23M | 120.96M | 69.31M | 55.03M | 49.41M | 35.67M |
| Earnings Per Share, Diluted | $-0.13 | $-1.16 | $-3.78 | $-5.66 | $-4.18 | $-3.80 |
| Weighted Average Number of Shares Outstanding, Diluted | 127.23M | 120.96M | 69.31M | 55.03M | 49.41M | 35.67M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 42.91M | 71.33M | 88.39M | 53.64M | 96.45M | 65.08M |
| Assets, Current | 411.23M | 335.82M | 330.43M | 437.41M | 402.77M | 292.83M |
| Assets | 432.97M | 348.89M | 341.37M | 449.27M | 408.15M | 298.27M |
| Long-term Debt | 108.96M | 107.20M | 201.80M | 197.77M | 72.35M | 0 |
| Liabilities, Current | 129.84M | 81.01M | 46.67M | 37.81M | 33.33M | 22.60M |
| Long-term Debt, Excluding Current Maturities | 107.96M | 107.20M | 201.80M | 197.77M | 72.35M | 0 |
| Liabilities | 243.49M | 191.35M | 252.70M | 239.69M | 110.47M | 27.65M |
| Stockholders' Equity Attributable to Parent | 189.48M | 157.54M | 88.67M | 209.58M | 297.68M | 270.62M |
| Common Stock, Shares, Outstanding | 123.33M | 117.85M | 96.79M | 61.04M | 50.26M | 43.34M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -5.63M | -112.16M | -247.06M | -257.71M | -174.63M | -113.03M |
| Payments to Acquire Property, Plant, and Equipment | 686.00K | 143.00K | 428.00K | 333.00K | 995.00K | 321.00K |
| Net Cash Provided by (Used in) Investing Activities | -30.25M | 28.82M | 180.23M | -87.20M | -75.95M | -181.82M |
| Net Cash Provided by (Used in) Financing Activities | 6.97M | 66.20M | 101.32M | 301.80M | 281.95M | 298.14M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 2.24M | 26.18M | -32.50M | -30.74M | -30.99M | -748.00K |
| EBITDA | — | — | — | — | -21.40M | -7.21M |
| Working Capital | 274.85M | 281.39M | 249.45M | 228.84M | 232.54M | 254.81M |
| Net Debt | 79.91M | 71.61M | 66.65M | 37.42M | 57.70M | 39.25M |
| Gross Margin | 90.72% | 90.97% | 91.25% | 90.81% | 86.59% | 90.32% |
| Operating Margin | -8.62% | 14.20% | 8.59% | -17.93% | -37.25% | -10.70% |
| Net Margin | -10.72% | 13.43% | 7.47% | -19.49% | -38.06% | -15.12% |
| Return on Equity (ROE) | -5.96% | 9.18% | 4.69% | -11.43% | -17.57% | -6.85% |
| Return on Assets (ROA) | -2.46% | 4.02% | 2.00% | -4.51% | -7.28% | -3.09% |
| Current Ratio | 2.68× | 3.17× | 3.50× | 3.20× | 3.55× | 4.15× |
| Debt-to-Equity | 0.60× | 0.60× | 0.72× | 0.79× | 0.78× | 0.70× |
| Cash Conversion Ratio | -0.20× | 1.51× | -4.29× | 1.89× | 1.21× | 0.07× |
| Accruals Ratio | -0.03× | -0.02× | 0.11× | 0.04× | 0.02× | -0.03× |
| SBC % of Revenue | 10.14% | 7.77% | 30.54% | 24.87% | 14.85% | 13.16% |
| CapEx Coverage | — | — | -46.37× | -43.81× | -49.97× | — |
| Free Cash Flow Per Share | $17.31 | $0.21 | $-0.24 | $-0.24 | $-245.86 | $-0.01 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 105.40M | 129.50M | 99.22M | 81.50M | 65.85M | 71.36M |
| Cost of Goods and Services Sold | 9.78M | 11.69M | 8.69M | 7.49M | 8.83M | 6.91M |
| Research and Development Expense | 30.63M | 20.45M | 19.60M | 19.45M | 17.54M | 14.48M |
| Selling, General and Administrative Expense | 74.08M | 78.98M | 62.40M | 69.17M | 64.00M | 57.61M |
| Operating Income (Loss) | -9.09M | 18.39M | 8.53M | -14.61M | -24.53M | -7.63M |
| Income Tax Expense (Benefit) | 93.00K | 470.00K | 80.00K | 342.00K | 279.00K | 323.00K |
| Net Income (Loss) Attributable to Parent | -11.29M | 17.39M | 7.41M | -15.89M | -25.06M | -10.79M |
| Earnings Per Share, Basic | $-0.09 | $0.13 | $0.06 | $-0.13 | $-0.20 | $-0.08 |
| Weighted Average Number of Shares Outstanding, Basic | 129,365 | 127.23M | 127.62M | 127.00M | 126,037 | 120.96M |
| Earnings Per Share, Diluted | $-0.09 | $0.13 | $0.06 | $-0.13 | $-0.20 | $-0.08 |
| Weighted Average Number of Shares Outstanding, Diluted | 129,365 | 127.23M | 132.88M | 127.00M | 126,037 | 120.96M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 34.76M | 42.91M | 47.12M | 72.74M | 53.10M | 71.33M |
| Assets, Current | 438.06M | 411.23M | 349.22M | 332.78M | 323.67M | 335.82M |
| Assets | 460.00M | 432.97M | 370.98M | 352.43M | 344.11M | 348.89M |
| Long-term Debt | 109.42M | 108.96M | 108.50M | 108.05M | 107.62M | 107.20M |
| Liabilities, Current | 163.20M | 129.84M | 99.77M | 103.94M | 91.13M | 81.01M |
| Long-term Debt, Excluding Current Maturities | 101.47M | 107.96M | 107.50M | 107.05M | 107.62M | 107.20M |
| Liabilities | 270.36M | 243.49M | 212.90M | 213.46M | 201.45M | 191.35M |
| Stockholders' Equity Attributable to Parent | 189.65M | 189.48M | 158.07M | 138.97M | 142.66M | 157.54M |
| Common Stock, Shares, Outstanding | 125.04M | 123.33M | 120.29M | 119.80M | 119.14M | 117.85M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 2.24M | 26.18M | -31.81M | -30.06M | -30.38M | -748.00K |
| Payments to Acquire Property, Plant, and Equipment | 0 | 0 | 686.00K | 686.00K | 608.00K | 0 |
| Net Cash Provided by (Used in) Investing Activities | -11.33M | -34.18M | 3.93M | 29.17M | 11.75M | 34.88M |
| Net Cash Provided by (Used in) Financing Activities | 1.07M | 3.72M | 3.25M | 1.77M | 395.00K | -97.41M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ARQT CIK 0001787306),
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us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.