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Net margin at other companies

Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-30.9%-10.5pp
ALN
Alnylam PharmaceuticalsALNY
11.7%+8.0pp
BridgeBio Pharma logo
BridgeBio PharmaBBIO
-125.9%-54.5pp
Madrigal Pharmaceuticals, Inc. logo
Madrigal Pharmaceuticals, Inc.MDGL
-27.3%-12.0pp
Royalty Pharma logo
Royalty PharmaRPRX
33.9%-14.4pp
AbbVie logo
AbbVieABBV
5.8%-1.5pp

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$11.52B+402%
Enterprise value$11.44B+418%
P/S18.5×+14.3×

Profitability

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Operating margin-35.7%+63.6pp
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

Calculated from Arrowhead Research’s reported figures.

Based on trailing twelve months.

The official record: Arrowhead Research’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arrowhead Research's net margin?
Arrowhead Research (ARWR) reported net margin of -48.4% in Q1 2026.
How has Arrowhead Research's net margin changed year-over-year?
Arrowhead Research's net margin decreased by 83.2% year-over-year, from -26.4% to -48.4%.
What is the long-term trend for Arrowhead Research's net margin?
Over 5 years (2020 to 2025), Arrowhead Research's net margin has grown at a -71.0% compound annual growth rate (CAGR), from -96.1% to -0.2%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.