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Arcutis Biotherapeutics, Inc. ARQT Business Segments — Provision for income taxes

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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$3.28B+57.5%
Enterprise value$3.36B+57.0%
P/S7.9×-1.9×

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:IncomeTaxExpenseBenefit.

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 business segments — provision for income taxes?
Arcutis Biotherapeutics, Inc. (ARQT) reported business segments — provision for income taxes of $93K in Q1 2026.
How has Arcutis Biotherapeutics, Inc.'s business segments — provision for income taxes changed year-over-year?
Arcutis Biotherapeutics, Inc.'s business segments — provision for income taxes decreased by 66.7% year-over-year, from $279K to $93K.
What does business segments — provision for income taxes mean?
This metric represents the total income tax expense recognized by the reportable segment for the period, calculated based on applicable tax laws and jurisdictional regulations. It reflects the tax burden associated with the segment's operational activities and profitability. Monitoring this figure helps investors understand the effective tax rate applied to the segment's earnings and potential future cash outflows for tax obligations.