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Arcutis Biotherapeutics, Inc. ARQT Other program costs — R&D

Other product segments

ARQ-234 program costs
$11M
Topical roflumilast program costs
$3.31M+129%

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$13.43M-3.9%

Other financials

Income statement

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Revenue$105.4M+60.1%
Gross profit$95.6M+67.7%
Operating income-$9.1M+62.9%
Net income-$11.3M+54.9%
EPS (diluted)-$0.09+55.0%

Balance sheet

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Cash & equivalents$35.1M-34.7%
Total debt$114.7M+3.5%
Total equity$189.6M+32.9%
Total assets$460.0M+33.7%

Cash flow

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Operating cash flow$2.2M+107%
CapEx--100%
Free cash flow$2.2M+107%

Valuation

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Market cap$3.29B+57.5%

Profitability

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Gross margin90.9%+2.5pp
Operating margin-12%-5.7pp
Net margin-13.9%-6.6pp
FCF margin-52.5%-21.9pp

Returns & leverage

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Return on equity-28.2%-13.0pp
Debt / equity0.6×-0.2×
Current ratio2.7×-0.9×

Where this comes from

Reported directly by Arcutis Biotherapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Arcutis Biotherapeutics, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arcutis Biotherapeutics, Inc.'s other program costs — R&D?
Arcutis Biotherapeutics, Inc. (ARQT) reported other program costs — R&D of $95K in Q1 2026.
What does other program costs — R&D mean?
This metric represents the aggregate research and development expenditures allocated to secondary or early-stage therapeutic programs outside of the company's primary lead product candidates. It captures the investment intensity in the broader clinical pipeline and the exploration of new dermatological indications. Monitoring these costs provides insight into the company's long-term innovation strategy and the capital commitment required to diversify its portfolio beyond flagship assets.