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Arcutis Biotherapeutics, Inc. ARQT Business Segments — Operating Income (Loss)

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Other financials

Income statement

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Revenue$129.9M+59.3%
Gross profit$118.9M+60.7%
Operating income$16.4M+212%
Net income$15.0M+194%
EPS (diluted)$0.11+185%

Balance sheet

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Cash & equivalents$34.4M-52.9%
Total debt$114.1M+3.6%
Total equity$220.6M+58.7%
Total assets$488.5M+38.6%

Cash flow

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Operating cash flow$12.6M
CapEx$158.0K+103%
Free cash flow$12.5M

Valuation

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Market cap$3.32B+81.4%
Enterprise value$3.4B+82.1%
P/S7.2×+0.2×

Profitability

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Gross margin91.1%+2.0pp
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 / equity0.5×-0.3×
Current ratio2.9×-0.3×

Where this comes from

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

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Arcutis Biotherapeutics, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001787306-26-000051
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Selling, general and administrative expenses82,00869,033155,962132,917
Other segment expenses(1)6,2955,50912,15612,694
Total operating expenses113,43296,115227,919186,490
Operating income (loss)16,429(14,611)7,340(39,140)
Interest income2,2792,0764,5544,613
Interest expense(3,406)(3,029)(7,774)(6,011)
Other income (expense), net(157)20(177)213
Provision for income taxes136342229621

Item 1. Financial Statements (Unaudited)

FAQ

What is Arcutis Biotherapeutics, Inc.'s business segments — operating income (loss)?
Arcutis Biotherapeutics, Inc. (ARQT) reported business segments — operating income (loss) of $16.43M in Q2 2026.
How has Arcutis Biotherapeutics, Inc.'s business segments — operating income (loss) changed year-over-year?
Arcutis Biotherapeutics, Inc.'s business segments — operating income (loss) increased by 212.4% year-over-year, from -$14.61M to $16.43M.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s business segments — operating income (loss)?
Over 2 years (2022 to 2024), Arcutis Biotherapeutics, Inc.'s business segments — operating income (loss) has grown at a -34.8% compound annual growth rate (CAGR), from -$301.63M to -$128.4M.
What does business segments — operating income (loss) mean?
Measures the profitability of the reportable segment by subtracting total operating expenses from total revenues. It serves as a key indicator of the segment's ability to generate sustainable returns from its core commercial and development activities.

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