Arcutis Biotherapeutics (ARQT)
Develops ZORYVE topical treatments for plaque psoriasis, atopic dermatitis, and seborrheic dermatitis.
$26.29
vs last close−1.49 (−5.36%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38 | 14 | 50 | 31 | 45 | 71 | 66 | 82 | 99 | 130 | 105 | 130 |
| Cost of revenue | 1 | 2 | 3 | 3 | 6 | 7 | 9 | 7 | 9 | 12 | 10 | 11 |
| Gross profit | 37 | 11 | 46 | 27 | 39 | 64 | 57 | 74 | 91 | 118 | 96 | 119 |
| 74 | 72 | 78 | 77 | 78 | 72 | 82 | 89 | 82 | 99 | 105 | 102 | |
| Research & development | 26 | 24 | 23 | 19 | 20 | 14 | 18 | 19 | 20 | 20 | 31 | 20 |
| 48 | 49 | 55 | 58 | 59 | 58 | 64 | 69 | 62 | 79 | 74 | 82 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82 |
| Operating income | −37 | −61 | −32 | −50 | −39 | −8 | −25 | −15 | 9 | 18 | −9 | 16 |
| −5 | −5 | −3 | −2 | −2 | −3 | 0 | −1 | −1 | −1 | −2 | −1 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
| Interest expense | 8 | 8 | 7 | 7 | 7 | 6 | 3 | 3 | 3 | 3 | 4 | 3 |
| Other non-operating income | −3 | −3 | −4 | −5 | −4 | −3 | −3 | −2 | −2 | −2 | −2 | 0 |
| Income before tax | −42 | −66 | −35 | −52 | −42 | −10 | −25 | −16 | 7 | 18 | −11 | 15 |
| Income tax expense | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −45 | −66 | −35 | −52 | −42 | −11 | −25 | −16 | 7 | 17 | −11 | 15 |
| Net income | −45 | −66 | −35 | −52 | −42 | −11 | −25 | −16 | 7 | 17 | −11 | 15 |
| EPS, basic | −$0.73 | −$0.72 | −$0.32 | −$0.42 | −$0.33 | −$0.09 | −$0.20 | −$0.13 | $0.06 | $0.14 | −$0.09 | $0.11 |
| EPS, diluted | −$0.73 | −$0.72 | −$0.32 | −$0.42 | −$0.33 | −$0.09 | −$0.20 | −$0.13 | $0.06 | $0.13 | −$0.09 | $0.11 |
| Weighted average shares, basic | 62 | 93 | 111 | 123 | 124 | 121 | 126 | 127 | 128 | 128 | 129 | 131 |
| Weighted average shares, diluted | 62 | 93 | 111 | 123 | 124 | 121 | 126 | 127 | 133 | 136 | 129 | 136 |
| EBITDA | −34 | −58 | −27 | −44 | −33 | −4 | −19 | −12 | 11 | 22 | −6 | 17 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 1 | 0 | 3 | 1 | 1 | 1 | 1 | 1 |
| EBIT | −34 | −58 | −28 | −45 | −35 | −5 | −22 | −13 | 11 | 21 | −7 | 17 |
