What are Arcutis Biotherapeutics, Inc.'s profit margins?

Arcutis Biotherapeutics, Inc. (ARQT) runs a 90.9% gross margin and a -12.0% operating margin, with a -13.9% net margin.

Where do Arcutis Biotherapeutics, Inc.'s ratios come from?

Every ratio is computed from Arcutis Biotherapeutics, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Arcutis Biotherapeutics, Inc. ARQT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	90.9%+0.7pp	90.2%+0.3pp	90%+0.9pp	89.1%+0.7pp	88.4%-1.9pp
Efficiency
Asset turnover	1×+0.1×	1×+0.2×	0.8×+0.1×	0.7×+0.1×	0.5×-0.1×
Inventory turnover	1.4×-0.6×	2×+0.2×	1.8×-0.2×	1.9×+0.2×	1.7×+0.3×
Liquidity
Current ratio	2.7×-0.5×	3.2×-0.3×	3.5×+0.3×	3.2×-0.4×	3.6×-0.6×
Quick ratio	2.5×-0.5×	3×-0.3×	3.3×+0.2×	3×-0.3×	3.4×-0.6×
Cash ratio	0.2×-0.1×	0.3×-0.1×	0.5×-0.2×	0.7×+0.1×	0.6×-0.3×
Leverage
Debt-to-equity	0.6×0.0×	0.6×-0.1×	0.7×-0.1×	0.8×0.0×	0.8×+0.1×
Debt-to-assets	0.2×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Per Share
Book value per share	$1.47-1.6%	$1.49+25.2%	$1.19+8.7%	$1.09-3.3%	$1.13-13.1%
Valuation
Market capitalization	$2.92B-17.8%	$3.56B+57.4%	$2.26B+32.3%	$1.71B-7.9%	$1.86B+13.8%
Enterprise value	$3B-17.3%	$3.63B+56.0%	$2.33B+33.3%	$1.75B-8.7%	$1.91B+14.6%
Price / sales	7×-2.4×	9.5×+2.3×	7.1×+0.6×	6.5×-2.2×	8.7×+0.4×
Price / book	15.4×-3.4×	18.8×+4.5×	14.3×+2.0×	12.3×-0.7×	13×+2.7×
EV / sales	7.2×-2.4×	9.6×+2.3×	7.3×+0.7×	6.6×-2.4×	9×+0.5×

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Questions, answered.

What are Arcutis Biotherapeutics, Inc.'s profit margins?: Arcutis Biotherapeutics, Inc. (ARQT) runs a 90.9% gross margin and a -12.0% operating margin, with a -13.9% net margin.
Where do Arcutis Biotherapeutics, Inc.'s ratios come from?: Every ratio is computed from Arcutis Biotherapeutics, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.