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Arrowhead Research ARWR Retained Earnings

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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:RetainedEarningsAccumulatedDeficit.

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 itemMarch 31, 2026September 30, 2025
Common stock, $0.001 par value:Authorized 290,000 shares; 143,232 shares issued and 140,571 outstanding as of March 31, 2026 and 138,363 shares issued and 135,702 outstanding as of September 30, 2025236231
Additional paid-in capital2,395,2672,139,725
Accumulated other comprehensive income7426,443
Accumulated deficit(1,729,075)(1,627,154)
Treasury stock; at cost; 2,661 shares of common stock at March 31, 2026 and September 30, 2025(53,193)(53,193)
Stockholders’ equity613,977466,052
Noncontrolling interest(15,061)37,364
Total noncontrolling interest and stockholders’ equity598,916503,416

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Arrowhead Research's retained earnings?
Arrowhead Research (ARWR) reported retained earnings of -$1.73B in Q1 2026.
How has Arrowhead Research's retained earnings changed year-over-year?
Arrowhead Research's retained earnings decreased by 21.1% year-over-year, from -$1.43B to -$1.73B.
What is the long-term trend for Arrowhead Research's retained earnings?
Over 4 years (2021 to 2025), Arrowhead Research's retained earnings has grown at a 26.0% compound annual growth rate (CAGR), from -$644.69M to -$1.63B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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