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Arrowhead Research ARWR Business Segments — SG&A

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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:SellingGeneralAndAdministrativeExpense.

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 — SG&A?
Arrowhead Research (ARWR) reported business segments — SG&A of $41.74M in Q1 2026.
What does business segments — SG&A mean?
This metric represents the total operating costs associated with the administrative, legal, and corporate overhead functions specifically allocated to the company's primary operating segment. It captures the essential support expenses required to manage the business operations, excluding direct research and development activities. Monitoring this helps evaluate the scalability of the company's corporate infrastructure relative to its operational growth.

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