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Arcutis Biotherapeutics, Inc. ARQT Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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 itemJune 30, 2026December 31, 2025
Current portion of long-term debt, net6,9501,000
Accrued and other current liabilities146,786116,310
Total current liabilities160,340129,838
Operating lease liability, long-term5,2375,266
Long-term debt, net101,950107,959
Other long-term liabilities431431
Total liabilities267,958243,494
Commitments and contingencies (Note 7)

Item 1. Financial Statements (Unaudited)

FAQ

What is Arcutis Biotherapeutics, Inc.'s operating lease liabilities?
Arcutis Biotherapeutics, Inc. (ARQT) reported operating lease liabilities of $5.24M in Q2 2026.
How has Arcutis Biotherapeutics, Inc.'s operating lease liabilities changed year-over-year?
Arcutis Biotherapeutics, Inc.'s operating lease liabilities increased by 147.7% year-over-year, from $2.11M to $5.24M.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s operating lease liabilities?
Over 5 years (2020 to 2025), Arcutis Biotherapeutics, Inc.'s operating lease liabilities has grown at a 1.2% compound annual growth rate (CAGR), from $4.96M to $5.27M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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