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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%
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

Calculated from Arcutis Biotherapeutics, Inc.’s reported figures.

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

Filed
Aug 5, 2026, 4:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001787306-26-000051

FAQ

What is Arcutis Biotherapeutics, Inc.'s enterprise value?
Arcutis Biotherapeutics, Inc. (ARQT) reported enterprise value of $3.36B in Q2 2026.
How has Arcutis Biotherapeutics, Inc.'s enterprise value changed year-over-year?
Arcutis Biotherapeutics, Inc.'s enterprise value increased by 92.5% year-over-year, from $1.75B to $3.36B.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s enterprise value?
Over 5 years (2020 to 2025), Arcutis Biotherapeutics, Inc.'s enterprise value has grown at a 21.8% compound annual growth rate (CAGR), from $1.35B to $3.63B.
What does enterprise value mean?
Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

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