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Arrowhead Research ARWR Business Segments — Professional, outside services, and other

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Other financials

Income statement

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Revenue$73.7M-86.4%
Operating income-$141.3M-137%
Net income-$132.7M-136%
EPS (diluted)-$0.93-134%

Balance sheet

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Cash & equivalents$188.5M+1.5%
Total debt$107.9M-5.6%
Total equity$614.0M-10.1%
Total assets$2.3B+44.2%

Cash flow

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Operating cash flow$84.4M-81.6%
CapEx$2.6M-51.6%
Free cash flow$81.9M-82.0%

Valuation

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Market cap$12.28B+445%
Enterprise value$12.2B+446%
P/S19.7×+15.8×

Profitability

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Operating margin-35.7%+63.6pp
Net margin-48.4%+240pp
FCF margin1.8%+0.9pp

Returns & leverage

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Return on equity-46.4%+341pp
Debt / equity0.2×0.0×
Current ratio6.2×+1.1×

Where this comes from

Reported directly by Arrowhead Research in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

The source filing: Arrowhead Research’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000879407-26-000047
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025Six Months Ended March 31, 2026Six Months Ended March 31, 2025
Salaries$12,435$7,857$24,375$15,188
Professional, outside services, and other18,94010,81537,84120,941
Facilities related1,4961,0823,1592,367
Total selling, general and administrative expense, excluding non-cash expense$32,871$19,754$65,375$38,496
Stock compensation8,3738,14021,38615,799
Depreciation/amortization5005111,0041,020
Total selling, general and administrative expense$41,744$28,405$87,765$55,315

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Arrowhead Research's business segments — professional, outside services, and other?
Arrowhead Research (ARWR) reported business segments — professional, outside services, and other of $18.94M in Q1 2026.
How has Arrowhead Research's business segments — professional, outside services, and other changed year-over-year?
Arrowhead Research's business segments — professional, outside services, and other increased by 75.1% year-over-year, from $10.82M to $18.94M.
What does business segments — professional, outside services, and other mean?
Covers fees paid to third-party consultants, contract research organizations (CROs), and other professional service providers. These services are often used to augment internal capabilities for specialized research or regulatory tasks. It reflects the company's reliance on external expertise to accelerate development timelines.

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