Security
Arcutis Biotherapeutics, Inc. Common Stock · ARQT
ARQTNASDAQCommon stockCurrentCIK 1787306Updated Oct 29, 2026
Name history
Arcutis, Inc. · through Sep 9, 2019
ARQT price & chart
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NASDAQ:ARQT on TradingView ↗In the news
Arcutis Biotherapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) ↗
The Credibility Filter Wall Street Uses to Sort Biotech Winners ↗
Recent filings
3 filing
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
144 filing
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 370,977,000Source | 437,354,000Source | 488,537,000Source | 352,433,000Source | 444,759,000Source | 460,003,000Source | 344,105,000Source | 478,541,000Source | 432,973,000Source | 348,889,000Source | 341,365,000Source | 449,274,000Source |
| Property, Plant and Equipment, NetUSD | 1,215,000Source | 1,186,000Source | 872,000Source | 1,394,000Source | 1,347,000Source | 1,040,000Source | 1,496,000Source | 1,369,000Source | 1,043,000Source | 1,041,000Source | 1,539,000Source | 1,881,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 15,375,000Source | 9,792,000Source | 13,687,000Source | 15,937,000Source | 6,063,000Source | 14,250,000Source | 16,500,000Source | 6,250,000Source | 14,812,000Source | 9,479,000Source | 6,438,000Source | 7,188,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 47,120,000Source | 134,851,000Source | 34,121,000Source | 72,740,000Source | 84,270,000Source | 34,762,000Source | 53,104,000Source | 190,097,000Source | 42,907,000Source | 71,335,000Source | 88,395,000Source | 53,641,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 115,116,000Source | 60,119,000Source | 155,162,000Source | 106,688,000Source | 43,411,000Source | 144,377,000Source | 85,415,000Source | 37,154,000Source | 146,229,000Source | 73,066,000Source | 25,807,000Source | 8,458,000Source |
| Inventory, NetUSD | 22,419,000Source | 14,015,000Source | 38,879,000Source | 16,324,000Source | 13,880,000Source | 37,391,000Source | 16,614,000Source | 13,247,000Source | 22,634,000Source | 14,526,000Source | 13,134,000Source | 7,514,000Source |
| Assets, CurrentUSD | 349,224,000Source | 423,720,000Source | 467,671,000Source | 332,778,000Source | 434,591,000Source | 438,056,000Source | 323,671,000Source | 468,062,000Source | 411,232,000Source | 335,820,000Source | 330,431,000Source | 437,406,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 20,313,000Source | 18,408,000Source | 34,770,000Source | 18,635,000Source | 14,246,000Source | 31,980,000Source | 22,937,000Source | 13,178,000Source | 21,079,000Source | 19,656,000Source | 18,704,000Source | 10,611,000Source |
| Operating Lease, Right-of-Use AssetUSD | 4,567,000Source | 2,060,000Source | 4,253,000Source | 1,728,000Source | 2,163,000Source | 4,361,000Source | 1,842,000Source | 2,264,000Source | 4,467,000Source | 1,953,000Source | 2,361,000Source | 2,721,000Source |
| Other Assets, NoncurrentUSD | 596,000Source | 596,000Source | 2,054,000Source | 596,000Source | 595,000Source | 2,296,000Source | 596,000Source | 596,000Source | 1,419,000Source | 596,000Source | 596,000Source | 78,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 212,904,000Source | 280,713,000Source | 267,958,000Source | 213,459,000Source | 258,332,000Source | 270,355,000Source | 201,447,000Source | 253,599,000Source | 243,494,000Source | 191,348,000Source | 252,698,000Source | 239,693,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | 0Source | 0Source | — | 0Source | 0Source | — | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 12,000Source | 12,000Source | 12,000Source | 12,000Source | 12,000Source | 12,000Source | 12,000Source | 12,000Source | 12,000Source | 12,000Source | 9,000Source | 6,000Source |
| Additional Paid in CapitalUSD | 1,313,602,000Source | 1,267,251,000Source | 1,355,593,000Source | 1,301,886,000Source | 1,256,327,000Source | 1,339,529,000Source | 1,289,789,000Source | 1,242,349,000Source | 1,327,595,000Source | 1,279,479,000Source | 1,070,558,000Source | 930,425,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,155,479,000Source | -1,111,155,000Source | -1,134,370,000Source | -1,162,889,000Source | -1,069,618,000Source | -1,149,379,000Source | -1,147,003,000Source | -1,017,286,000Source | -1,138,084,000Source | -1,121,943,000Source | -981,904,000Source | -719,764,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -62,000Source | 533,000Source | -656,000Source | -35,000Source | -294,000Source | -514,000Source | -140,000Source | -133,000Source | -44,000Source | -7,000Source | 4,000Source | -1,086,000Source |
| Stockholders' Equity Attributable to ParentUSD | 158,073,000Source | 156,641,000Source | 220,579,000Source | 138,974,000Source | 186,427,000Source | 189,648,000Source | 142,658,000Source | 224,942,000Source | 189,479,000Source | 157,541,000Source | 88,667,000Source | 209,581,000Source |
| Liabilities and EquityUSD | 370,977,000Source | 437,354,000Source | 488,537,000Source | 352,433,000Source | 444,759,000Source | 460,003,000Source | 344,105,000Source | 478,541,000Source | 432,973,000Source | 348,889,000Source | 341,365,000Source | 449,274,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 99,770,000Source | 172,426,000Source | 160,340,000Source | 103,936,000Source | 51,352,000Source | 163,203,000Source | 91,129,000Source | 47,309,000Source | 129,838,000Source | 81,013,000Source | 46,668,000Source | 37,807,000Source |
| Operating Lease, Liability, CurrentUSD | — | 798,000Source | — | — | 777,000Source | — | 842,000Source | 756,000Source | 294,000Source | 820,000Source | 735,000Source | 657,000Source |
| Accounts Payable, CurrentUSD | 5,795,000Source | 19,325,000Source | 6,604,000Source | 15,082,000Source | 7,943,000Source | 18,296,000Source | 24,529,000Source | 12,969,000Source | 12,528,000Source | 14,220,000Source | 11,992,000Source | 8,827,000Source |
| Operating Lease, Liability, NoncurrentUSD | 5,276,000Source | 2,772,000Source | 5,237,000Source | 2,114,000Source | 2,978,000Source | 5,251,000Source | 2,340,000Source | 3,181,000Source | 5,266,000Source | 2,562,000Source | 3,382,000Source | 4,117,000Source |
| Other Liabilities, NoncurrentUSD | 360,000Source | 420,000Source | 431,000Source | 360,000Source | 194,000Source | 431,000Source | 360,000Source | 306,000Source | 431,000Source | 570,000Source | 849,000Source | 0Source |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | 92,975,000Source | 52,790,000Source | 146,786,000Source | 87,854,000Source | 42,632,000Source | 136,957,000Source | 65,758,000Source | 33,584,000Source | 116,310,000Source | 65,973,000Source | 33,941,000Source | 28,323,000Source |
| Dividends PayableUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 107,498,000Source | 105,095,000Source | 101,950,000Source | 107,049,000Source | 203,808,000Source | 101,470,000Source | 107,618,000Source | 202,803,000Source | 107,959,000Source | 107,203,000Source | 201,799,000Source | 197,769,000Source |
| Long-term Debt, Current MaturitiesUSD | 1,000,000Source | 99,513,000Source | 6,950,000Source | 1,000,000Source | — | 7,950,000Source | — | — | 1,000,000Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 107,498,000Source | 105,095,000Source | 101,950,000Source | 107,049,000Source | 203,808,000Source | 101,470,000Source | 107,618,000Source | 202,803,000Source | 107,959,000Source | 107,203,000Source | 201,799,000Source | 197,769,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 10,690,000Source | 9,778,000Source | 40,364,000Source | 41,730,000Source | 38,813,000Source | 32,682,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -1,852,000Source | 12,349,000Source | 73,163,000Source | 47,259,000Source | 17,349,000Source | 8,458,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 14,579,000Source | 1,951,000Source | 7,329,000Source | 400,000Source | 5,620,000Source | 7,514,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 5,613,000Source | 309,000Source | -1,694,000Source | 2,229,000Source | 3,152,000Source | 1,565,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 54,000Source | -152,000Source | 0Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 2,239,000Source | -30,380,000Source | -5,625,000Source | -112,158,000Source | -247,057,000Source | -257,715,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -11,332,000Source | 11,750,000Source | -30,253,000Source | 28,820,000Source | 180,232,000Source | -87,199,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 0Source | 608,000Source | 686,000Source | 143,000Source | 428,000Source | 333,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 1,067,000Source | 395,000Source | 6,973,000Source | 66,202,000Source | 101,323,000Source | 301,798,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | — | — | 0Source | 100,000,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -8,145,000Source | -18,231,000Source | -28,737,000Source | -17,371,000Source | 34,448,000Source | -43,116,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 47,428,000Source | 135,468,000Source | 34,429,000Source | 73,048,000Source | 35,070,000Source | 53,721,000Source | 43,215,000Source | 71,952,000Source | 89,323,000Source | 54,875,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 2,906,000Source | 2,568,000Source | 10,327,000Source | 22,209,000Source | — | — |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Accretion ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 4,030,000Source | 2,606,000Source |
| Share-based Payment Arrangement, ExpenseUSD | — | — | 10,035,000Source | 10,241,000Source | 12,762,000Source | 10,489,000Source | 10,690,000Source | 9,778,000Source | 40,364,000Source | 41,730,000Source | 38,813,000Source | 32,682,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 562,000Source | 2,979,000Source | 4,667,000Source | 1,959,000Source | 750,000Source | 312,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | — | 0Source | — | — | — | — | — | — | 0Source | 0Source |
| DepreciationUSD | — | — | — | — | — | — | — | 153,000Source | 700,000Source | 640,000Source | 771,000Source | 622,000Source |
| Dividends PayableUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| General and Administrative ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 122,124,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | 80,000Source | 0Source | 136,000Source | 342,000Source | 93,000Source | 279,000Source | 1,171,000Source | 647,000Source | 3,113,000Source | 0Source |
| InterestExpenseNonoperatingUSD | — | — | 3,071,000Source | 6,653,000Source | 3,406,000Source | 3,029,000Source | 4,368,000Source | 2,982,000Source | 12,083,000Source | 27,168,000Source | — | — |
| Marketable Securities, Unrealized Gain (Loss)USD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 7,410,000Source | -41,537,000Source | 15,009,000Source | -15,886,000Source | -11,295,000Source | -25,060,000Source | -16,141,000Source | -140,039,000Source | -262,140,000Source | -311,458,000Source |
| Nonoperating Income (Expense)USD | — | — | — | — | -1,284,000Source | -933,000Source | — | — | — | — | — | -9,831,000Source |
| Operating ExpensesUSD | — | — | — | — | — | — | — | — | — | — | — | 305,313,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 716,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 2,035,000Source | 4,182,000Source | -157,000Source | 20,000Source | -20,000Source | 193,000Source | 443,000Source | 16,173,000Source | 11,786,000Source | 5,821,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | 0Source | 0Source | 161,682,000Source | 0Source | 161,592,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | — | — | — | 0Source | 0Source | 125,000,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | — | 68,468,000Source | — | 288,783,000Source | 406,500,000Source | 351,473,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 1,067,000Source | 395,000Source | 4,597,000Source | 2,807,000Source | 1,247,000Source | 1,016,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 99,219,000Source | 44,755,000Source | 129,861,000Source | 81,504,000Source | 105,398,000Source | 63,846,000Source | 372,072,000Source | 166,542,000Source | 59,606,000Source | 3,686,000Source |
| Investment Income, Interest | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 99,219,000Source | 44,755,000Source | 129,861,000Source | 81,504,000Source | 105,398,000Source | 65,846,000Source | 376,072,000Source | 196,542,000Source | — | — |
| Cost of RevenueUSD | — | — | 8,685,000Source | 5,503,000Source | 10,939,000Source | 7,492,000Source | 9,784,000Source | 8,830,000Source | 36,695,000Source | 19,128,000Source | 4,987,000Source | — |
| Gross Profit (Calculated) · Derived | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | — | — | 62,404,000Source | 58,817,000Source | 82,138,000Source | 69,170,000Source | 74,076,000Source | 64,002,000Source | 274,553,000Source | 229,391,000Source | 185,145,000Source | — |
| Operating Income (Loss)USD | — | — | 8,526,000Source | -39,066,000Source | 16,429,000Source | -14,611,000Source | -9,089,000Source | -24,529,000Source | -12,227,000Source | -128,397,000Source | -241,101,000Source | -301,627,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 2,035,000Source | 4,182,000Source | -157,000Source | 20,000Source | -20,000Source | 193,000Source | 443,000Source | 16,173,000Source | 11,786,000Source | 5,821,000Source |
| Income Tax Expense (Benefit)USD | — | — | 80,000Source | 0Source | 136,000Source | 342,000Source | 93,000Source | 279,000Source | 1,171,000Source | 647,000Source | 3,113,000Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 7,410,000Source | -41,537,000Source | 15,009,000Source | -15,886,000Source | -11,295,000Source | -25,060,000Source | -16,141,000Source | -140,039,000Source | -262,140,000Source | -311,458,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.06Source | -0.33Source | 0.11Source | -0.13Source | -0.09Source | -0.2Source | -0.13Source | -1.16Source | -3.78Source | -5.66Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.06Source | -0.33Source | 0.11Source | -0.13Source | -0.09Source | -0.2Source | -0.13Source | -1.16Source | -3.78Source | -5.66Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 127,622,860Source | 124,302,317Source | 130,522,000Source | 126,997,000Source | 129,365Source | 126,037Source | 127,234,000Source | 120,957,633Source | 69,305,487Source | 55,032,265Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 132,884,567Source | 124,302,317Source | 135,898,000Source | 126,997,000Source | 129,365Source | 126,037Source | 127,234,000Source | 120,957,633Source | 69,305,487Source | 55,032,265Source |
| Interest Expense (non-operating)USD | — | — | 3,071,000Source | 6,653,000Source | 3,406,000Source | 3,029,000Source | 4,368,000Source | 2,982,000Source | 12,083,000Source | 27,168,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 562,000Source | 2,979,000Source | 4,667,000Source | 1,959,000Source | 750,000Source | 312,000Source |
| Costs and ExpensesUSD | — | — | 90,693,000Source | 83,821,000Source | 113,432,000Source | 96,115,000Source | 114,487,000Source | 90,375,000Source | 388,299,000Source | 324,939,000Source | 300,707,000Source | — |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 1,117,000Source | 799,000Source | 3,113,000Source | — |
| General and Administrative ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 122,124,000Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | 7,490,000Source | -41,537,000Source | 15,145,000Source | -15,544,000Source | -11,202,000Source | -24,781,000Source | -14,970,000Source | -139,392,000Source | -259,027,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -8,244,000Source | -130,372,000Source | -255,653,000Source | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 29,712,000Source | 15,652,000Source |
| Interest Income, OtherUSD | — | — | — | — | — | — | 2,275,000Source | 2,537,000Source | 8,897,000Source | — | — | — |
| Nonoperating Income (Expense)USD | — | — | — | — | -1,284,000Source | -933,000Source | — | — | — | — | — | -9,831,000Source |
| Operating ExpensesUSD | — | — | — | — | — | — | — | — | — | — | — | 305,313,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 716,000Source |
| Research and Development ExpenseUSD | — | — | 19,604,000Source | 19,501,000Source | 20,355,000Source | 19,453,000Source | 30,627,000Source | 17,543,000Source | 77,051,000Source | 76,420,000Source | 110,575,000Source | 182,435,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 99,219,000Source | 44,755,000Source | 129,861,000Source | 81,504,000Source | 105,398,000Source | 63,846,000Source | 372,072,000Source | 166,542,000Source | 59,606,000Source | 3,686,000Source |
| Investment Income, Interest | — | — | — | — | —Source | —Source | — | — | — | — | — | — |