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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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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

Computed from the period-end share price: $2.92B.

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 market capitalization?
Arcutis Biotherapeutics, Inc. (ARQT) reported market capitalization of $2.92B in Q1 2026.
How has Arcutis Biotherapeutics, Inc.'s market capitalization changed year-over-year?
Arcutis Biotherapeutics, Inc.'s market capitalization increased by 57.5% year-over-year, from $1.86B to $2.92B.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s market capitalization?
Over 5 years (2020 to 2025), Arcutis Biotherapeutics, Inc.'s market capitalization has grown at a 20.2% compound annual growth rate (CAGR), from $1.41B to $3.56B.
What does market capitalization mean?
The total market value of the company's equity at the quarter end (share price × shares outstanding), sampled from daily market data. The latest point tracks the live price.