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Arrowhead Research ARWR Retained Earnings

Retained Earnings at other companies

Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-$2.72B-13.6%
BridgeBio Pharma logo
BridgeBio PharmaBBIO
-$3.99B-22.1%
Madrigal Pharmaceuticals, Inc. logo
Madrigal Pharmaceuticals, Inc.MDGL
-$2.18B-16.5%
Royalty Pharma logo
Royalty PharmaRPRX
$2.51B+1.1%
AbbVie logo
AbbVieABBV
-$17.87B-87.6%
ALN
Alnylam PharmaceuticalsALNY

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
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 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 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 5 years (2020 to 2025), Arrowhead Research's retained earnings has grown at a 26.4% compound annual growth rate (CAGR), from -$503.84M to -$1.63B.
What does retained earnings mean?
The total profit the company has kept and reinvested since it started, rather than paying out as dividends.
How do you interpret retained earnings?
A growing positive balance indicates profitability, while a deepening negative balance reflects ongoing investment in drug development exceeding current revenues.
How does retained earnings compare across companies?
Most pre-commercial biotech companies maintain negative retained earnings due to the high cost of clinical development.