Arcus Biosciences, Inc.
NYSE•RCUS
CEO: Dr. Terry J. Rosen Ph.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2018-03-15
Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States. The company's pipeline products include Domvanalimab, an anti-TIGIT antibody, which is in Phase 2 and Phase 3 clinical trial; and AB308, an investigational anti-TIGIT monoclonal antibody, which is in Phase 1b clinical trial to study people with advanced solid and hematologic malignancies. It also develops Etrumadenant, a dual A2a/A2b adenosine receptor antagonist, which is in Phase 2 clinical trial; Quemliclustat, a small-molecule CD73 inhibitor, which is Phase 1b and Phase 2 clinical trial; Zimberelimab, an anti-PD-1 antibody, which is in Phase 2 clinical trial for metastatic cell lung cancer and monotherapy; and AB521, an oral and small-molecule inhibitor of HIF-2a, which is in Phase 1 clinical trial for the treatment of Von Hippel-Lindau disease. In addition, the company's preclinical pipeline products include AB598, a CD39 antibody; and AB801, a small molecule Axl inhibitor. It has a clinical collaboration with AstraZeneca to evaluate domvanalimab in combination with durvalumab in a registrational phase 3 clinical trial in patients with unresectable Stage 3 NSCLC; and BVF Partners L.P. to support the discovery and development of compounds for the treatment of inflammatory diseases. Arcus Biosciences, Inc. was incorporated in 2015 and is headquartered in Hayward, California.
Contact Information
Market Cap
$2.21B
P/E (TTM)
-6.7
1.3
Dividend Yield
--
52W High
$26.40
52W Low
$6.50
52W Range
Rank45Top 56.8%
3.6
F-Score
Modified Piotroski Analysis
Based on 9-year fundamentals
Weak • 3.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2017-2025
Financial Dashboard
Q4 2025 Data
Revenue
$33.00M+0.00%
4-Quarter Trend
EPS
-$0.92+0.00%
4-Quarter Trend
FCF
-$121.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Decreased Total revenues $247M, down 4% from $258M in 2024; driven by lower Taiho/Gilead progress timing.
R&D Spending Increased Research and development expenses reached $523M, marking a 17% increase over 2024 levels.
Strong Financing Activity Net cash provided by financing activities totaled $488M, primarily from common stock issuances.
Casdatifan Phase 3 Advances Phase 3 PEAK-1 enrolling; second TKI-free Phase 3 study targeted for initiation by end of 2026.
Risk Factors
Increased Operating Losses Net loss widened to $(353)M in 2025, reflecting 25% higher losses versus prior year.
Domvanalimab Trial Failure Phase 3 STAR-221 discontinued due to futility; STAR-121 futility analysis expected Q1 2026.
High Cash Burn Rate Cash used in operating activities was $(482)M, significantly higher than $(170)M used in 2024.
Regulatory Approval Uncertainty Business materially harmed if regulatory approval for investigational products is delayed or not obtained.
Outlook
Casdatifan Sales Potential Targeting two Phase 3 indications for casdatifan with combined peak sales potential exceeding $5 billion USD.
Inflammation Pipeline Advancement Expect to advance first small-molecule inflammation candidate into clinic during the 2026 calendar year.
Cash Runway Secured Current cash position supports planned operations until at least the second half of 2028.
New Combination Studies Evaluating casdatifan in new combination cohorts, including anti-PD-1 and anti-CTLA-4 regimens.
Peer Comparison
Revenue (TTM)
$1.26B
$372.97M
$247.00M
Gross Margin (Latest Quarter)
102.3%
101.7%
100.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IBRX | $8.63B | -23.6 | 64.3% | 175.0% |
| COGT | $5.52B | -7.0 | -100.2% | 27.0% |
| DNLI | $3.26B | -7.0 | -50.1% | 3.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
5.6%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:May 4, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data