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Segments

By segment

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Reportable Segment-$9.09M+62.9%

Other financials

Income statement

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Revenue$105.4M+60.1%
Gross profit$95.6M+67.7%
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:OperatingIncomeLoss.

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 operating income?
Arcutis Biotherapeutics, Inc. (ARQT) reported operating income of -$9.09M in Q1 2026.
How has Arcutis Biotherapeutics, Inc.'s operating income changed year-over-year?
Arcutis Biotherapeutics, Inc.'s operating income increased by 62.9% year-over-year, from -$24.53M to -$9.09M.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s operating income?
Over 3 years (2021 to 2024), Arcutis Biotherapeutics, Inc.'s operating income has grown at a -14.7% compound annual growth rate (CAGR), from -$206.53M to -$128.4M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.