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Aclaris Therapeutics ACRS Drug Candidate Ati2138 — Research And Development Project Spend

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Other financials

Income statement

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Revenue$2.0M+37.2%
Gross profit$1.6M+68.7%
Operating income-$22.2M-22.7%
Net income-$19.8M-31.4%
EPS (diluted)-$0.15-25.0%

Balance sheet

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Cash & equivalents$28.7M-5.6%
Total debt$2.0M-20.1%
Total equity$143.6M-0.3%
Total assets$198.7M+0.3%

Cash flow

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Operating cash flow-$18.1M-39.0%
CapEx$13.0K-69.8%
Free cash flow-$18.2M-38.6%

Valuation

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Market cap$685.75M+337%
Enterprise value$659.07M+410%
P/S82×+73.1×

Profitability

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Gross margin76.3%-9.7pp
Operating margin-961.9%+259pp
Net margin-832.6%+132pp
FCF margin-624.9%

Returns & leverage

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Return on equity-48.4%-15.4pp
Debt / equity0.0×
Current ratio-1.0×

Where this comes from

Reported directly by Aclaris Therapeutics in its filing.

Tagged under the XBRL concept acrs:ResearchAndDevelopmentProjectSpend.

The official record: Aclaris Therapeutics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aclaris Therapeutics's drug candidate ati2138 — research and development project spend?
Aclaris Therapeutics (ACRS) reported drug candidate ati2138 — research and development project spend of $491K in Q1 2026.
How has Aclaris Therapeutics's drug candidate ati2138 — research and development project spend changed year-over-year?
Aclaris Therapeutics's drug candidate ati2138 — research and development project spend decreased by 72.8% year-over-year, from $1.81M to $491K.
What is the long-term trend for Aclaris Therapeutics's drug candidate ati2138 — research and development project spend?
Over 2 years (2023 to 2025), Aclaris Therapeutics's drug candidate ati2138 — research and development project spend has grown at a -36.3% compound annual growth rate (CAGR), from $12.14M to $4.92M.
What does drug candidate ati2138 — research and development project spend mean?
This metric represents the total direct costs and allocated resources dedicated to the research and development activities of a specific clinical-stage drug candidate. It captures the capital intensity and investment priority assigned to advancing a particular therapeutic asset through the drug development pipeline. Tracking this spend helps investors assess the company's commitment to specific immuno-inflammatory programs and the potential for future clinical milestones.