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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:PropertyPlantAndEquipmentNet.

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
Inventory38,87922,634
Prepaid expenses and other current assets34,77021,079
Total current assets467,671411,232
Property, plant, and equipment, net8721,043
Intangible assets, net13,68714,812
Operating lease right-of-use asset4,2534,467
Other assets2,0541,419
Total assets$488,537$432,973

Item 1. Financial Statements (Unaudited)

FAQ

What is Arcutis Biotherapeutics, Inc.'s PP&E (net)?
Arcutis Biotherapeutics, Inc. (ARQT) reported PP&E (net) of $872K in Q2 2026.
How has Arcutis Biotherapeutics, Inc.'s PP&E (net) changed year-over-year?
Arcutis Biotherapeutics, Inc.'s PP&E (net) decreased by 37.4% year-over-year, from $1.39M to $872K.
What is the long-term trend for Arcutis Biotherapeutics, Inc.'s PP&E (net)?
Over 5 years (2020 to 2025), Arcutis Biotherapeutics, Inc.'s PP&E (net) has grown at a -12.3% compound annual growth rate (CAGR), from $2.02M to $1.04M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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