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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:NetCashProvidedByUsedInInvestingActivities.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Proceeds from maturities and sales of marketable securities101,346129,121
Milestone payment for intangible asset(10,000)
Purchases of property and equipment(158)(686)
Net cash provided by (used in) investing activities(26,556)29,173
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock upon exercise of stock options2,428456
Proceeds from issuance of common stock pursuant to employee stock purchase plan1,6291,319
Payment of debt prepayment penalty(1,000)

Item 1. Financial Statements (Unaudited)

FAQ

What is Arcutis Biotherapeutics, Inc.'s investing cash flow?
Arcutis Biotherapeutics, Inc. (ARQT) reported investing cash flow of -$15.22M in Q2 2026.
How has Arcutis Biotherapeutics, Inc.'s investing cash flow changed year-over-year?
Arcutis Biotherapeutics, Inc.'s investing cash flow decreased by 187.4% year-over-year, from $17.42M to -$15.22M.
What does investing cash flow mean?
Total net cash provided by or used in investing activities — capex, acquisitions, investment purchases/sales, and other investing items.

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