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Arcus Biosciences RCUS Business Segments — Partnership reimbursements

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Other financials

Income statement

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Revenue$41.0M-74.4%
Operating income-$96.0M-1,100%
Net income-$91.0M
EPS (diluted)-$0.72

Balance sheet

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Cash & equivalents$150.0M-39.5%
Total debt$114.0M+4.6%
Total equity$464.0M-15.5%
Total assets$924.0M-14.0%

Cash flow

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Operating cash flow-$119.0M+10.5%
CapEx-
Free cash flow-$119.0M+10.5%

Valuation

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Market cap$3.64B+274%
Enterprise value$3.61B+332%
P/S31.2×+27.4×

Profitability

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Operating margin-415.4%-756pp
Net margin-393.2%-663pp
FCF margin-406%

Returns & leverage

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Return on equity-90.8%+373pp
Debt / equity0.2×0.0×
Current ratio3.8×-0.7×

Where this comes from

Reported directly by Arcus Biosciences in its filing.

Tagged under the XBRL concept rcus:PartnershipReimbursements.

The source filing: Arcus Biosciences’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001724521-26-000044
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Late-stage development programs (1)5174111129
Early-stage development and preclinical programs (2)21383980
Compensation and personnel costs5861129128
Depreciation and amortization2255
Interest income, net(5)(8)(11)(18)
Other segment items (3)22264047
Partnership reimbursements(17)(33)(36)(71)
Segment net income (loss) and Consolidated net income (loss)$(91)$(219)$(112)

Item 1. Financial Statements

FAQ

What is Arcus Biosciences's business segments — partnership reimbursements?
Arcus Biosciences (RCUS) reported business segments — partnership reimbursements of -$17M in Q2 2026.
How has Arcus Biosciences's business segments — partnership reimbursements changed year-over-year?
Arcus Biosciences's business segments — partnership reimbursements increased by 48.5% year-over-year, from -$33M to -$17M.
What is the long-term trend for Arcus Biosciences's business segments — partnership reimbursements?
Over 3 years (2022 to 2025), Arcus Biosciences's business segments — partnership reimbursements has grown at a -7.8% compound annual growth rate (CAGR), from -$162M to -$127M.
What does business segments — partnership reimbursements mean?
Represents the portion of development costs recovered from strategic partners or collaborators under shared-risk agreements. This metric is a critical indicator of the company's ability to leverage external funding to offset the high costs of clinical development.

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