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Gross margin at other companies

Pfizer logo
PfizerPFE
73.5%+1.2pp
Amgen logo
AmgenAMGN
68.3%+5.3pp
Incyte logo
IncyteINCY
92.5%-0.2pp
Organon logo
OrganonOGN
52.8%-4.4pp
Kiniksa Pharmaceuticals International, plc logo
Kiniksa Pharmaceuticals International, plcKNSA
89.3%+3.5pp
LQD
Liquidia CorporationLQDA
58.1%-18.7pp

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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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

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

Based on trailing twelve months.

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 gross margin?
Arcutis Biotherapeutics, Inc. (ARQT) reported gross margin of 90.9% in Q1 2026.
How has Arcutis Biotherapeutics, Inc.'s gross margin changed year-over-year?
Arcutis Biotherapeutics, Inc.'s gross margin increased by 2.9% year-over-year, from 88.4% to 90.9%.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s gross margin?
Over 3 years (2022 to 2025), Arcutis Biotherapeutics, Inc.'s gross margin has grown at a 4.3% compound annual growth rate (CAGR), from 79.5% to 90.2%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.