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Arcutis Biotherapeutics, Inc.

NASDAQ•ARQT
CEO: Mr. Todd Franklin Watanabe M.A.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2020-01-31
Arcutis Biotherapeutics, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases. Its lead product candidate is ARQ-151, a topical roflumilast cream that has completed Phase III clinical trials for the treatment of plaque psoriasis and atopic dermatitis. The company is also developing ARQ-154, a topical ZORYVE for the treatment of scalp and body psoriasis and seborrheic dermatitis; ARQ-252, a selective topical janus kinase type 1 inhibitor for hand eczema and vitiligo; ARQ-255, a topical JAK1 inhibitor for alopecia areata; and ARQ-234, a CD200R fusion protein for the treatment of moderate-to-severe atopic dermatitis. The company was formerly known as Arcutis, Inc. and changed its name to Arcutis Biotherapeutics, Inc. in October 2019. Arcutis Biotherapeutics, Inc. was incorporated in 2016 and is headquartered in Westlake Village, California.
Contact Information
3027 Townsgate Road, Suite 300, Westlake Village, CA, 91361, United States
805-418-5006
www.arcutis.com
Market Cap
$2.82B
P/E (TTM)
-180.8
17.9
Dividend Yield
--
52W High
$31.77
52W Low
$11.86
52W Range
55%
Rank61Top 91.5%
2.0
F-Score
Modified Piotroski Analysis
Based on 8-year fundamentals
Weak • 2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2025

Financial Dashboard

Q4 2025 Data

Revenue

$129.50M+0.00%
4-Quarter Trend

EPS

$0.14+0.00%
4-Quarter Trend

FCF

$26.19M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Product Revenue Soars Total product revenue reached $372.1M in 2025, marking a substantial 123% increase over the prior year's $166.5M.
Net Loss Significantly Reduced Net loss narrowed sharply to $16.1M in 2025 from $140.0M in 2024, reflecting strong commercial traction.
ZORYVE Portfolio Expansion Commercial launches included ZORYVE cream 0.05% (Oct 2025) and ZORYVE foam for scalp/body (May 2025).
Strong Cash Position Maintained Cash, cash equivalents, and restricted cash totaled $43.2M as of year-end 2025, despite operating cash usage.

Risk Factors

Future Capital Requirements Substantial additional financing may be required to achieve goals; failure to secure capital could delay operations.
Commercialization Dependency Business success heavily relies on successful commercialization of ZORYVE and pipeline product approvals.
Patent Litigation Exposure Facing ongoing patent infringement suit with Padagis regarding ZORYVE 0.3% ANDA filing, potentially delaying approval.
Operating Results Volatility Operating results fluctuate significantly due to many factors, making future performance difficult to predict accurately.

Outlook

Expand ZORYVE Franchise Pursuing lifecycle management, including sNDA submission for ZORYVE cream 0.05% in infants (Q2 2026).
Advance ARQ-234 Development Anticipate commencing Phase 1 study for ARQ-234 in atopic dermatitis in Q1 2026.
Assume Primary Care Sales Planning to assume responsibility for pediatric and primary care sales post-Kowa agreement termination (Jan 2026).
Grow Core ZORYVE Business Strategy focuses on establishing ZORYVE as foundational therapy for long-term dermatological solutions.

Peer Comparison

Revenue (TTM)

LEGN stock ticker logoLEGN
$1.03B
+64.2%
FOLD stock ticker logoFOLD
$634.21M
+20.0%
CPRX stock ticker logoCPRX
$588.99M
+19.8%

Gross Margin (Latest Quarter)

BEAM stock ticker logoBEAM
95.0%
-471.3pp
TARS stock ticker logoTARS
92.8%
-14.0pp
ARQT stock ticker logoARQT
91.0%
+3.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
IBRX$8.63B-23.664.3%175.0%
CGON$5.43B-30.9-22.9%0.9%
CELC$5.29B-31.4-179.0%67.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
25.3%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention

Deep Research

Next earnings:May 5, 2026
|
EPS:-$0.03
|
Revenue:$104.85M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data