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Arcutis Biotherapeutics, Inc. ARQT Prepaid clinical trial costs

Prepaid clinical trial costs at other companies

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$4.02M-69.8%
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$5.19M-22.4%
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$2.92M

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 arqt:PrepaidClinicalTrialTestCostsCurrent.

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
Prepaid co-pay assistance program and rebates$16,774$9,485
Prepaid clinical trial costs2,7862,577
Other prepaid expenses and current assets15,2109,017
Total prepaid expenses and other current assets$34,770$21,079

Item 1. Financial Statements (Unaudited)

FAQ

What is Arcutis Biotherapeutics, Inc.'s prepaid clinical trial costs?
Arcutis Biotherapeutics, Inc. (ARQT) reported prepaid clinical trial costs of $2.79M in Q2 2026.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s prepaid clinical trial costs?
Over 5 years (2020 to 2025), Arcutis Biotherapeutics, Inc.'s prepaid clinical trial costs has grown at a -11.9% compound annual growth rate (CAGR), from $4.87M to $2.58M.
What does prepaid clinical trial costs mean?
Prepaid clinical trial costs as reported by Arcutis Biotherapeutics, Inc. Common Stock.

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