NASDAQ:ARQT
Arcutis Biotherapeutics, Inc.
Arcutis Biotherapeutics, Inc.'s revenue grew 91.3% in fiscal 2025 to $376.1M while operating margin rose to −3.3%, its highest in 4 years. Free cash flow was −$6.3M, −1.7% of revenue, and the diluted share count rose 5.2%.Summary generated from Arcutis Biotherapeutics, Inc.'s SEC filings. Latest annual report filed Feb 25, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$376.1M
Revenue growth+91.3%
Revenue, 5-yr CAGRn/a
Gross margin90.2%
Operating margin−3.3%
Net margin−4.3%
ROIC−4.3%
Return on equity−9.3%
Debt / equity0.58
Free cash flow−$6.3M
FCF margin−1.7%
Share count change+5.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 0 | 4 | 60 | 197 | 376 |
| Operating income | −207 | −302 | −241 | −128 | −12 |
| Net income | −206 | −311 | −262 | −140 | −16 |
| Free cash flow | −176 | −258 | −247 | −112 | −6 |
Recent filings
- 4Insider transaction report
Sep 18, 2026 - 4Insider transaction report
Sep 17, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 5, 2026 - 8-KResults of operations and financial condition
Aug 5, 2026 - 8-KDirector or officer change
Jul 16, 2026 - 8-KResults of a shareholder vote
Jun 9, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 6, 2026 - 8-KCurrent report
May 6, 2026