ARQT

Arcutis Biotherapeutics, Inc. Health Care Pharmaceutical Preparations Russell 3000
$32.07Close $4.0BMarket cap $19.50 – $32.8252-week range Nov 4, 2026Next report · after the close

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 83 · stronger than 83% of stocks over 12 months
  • Near its high 2% below its 52-week high

Cautions

  • Extended 5.0 ATR above its 50-day average
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 5, 2026
Off 12-month high 2%
1wk up 2.8% price change
1mo up 21.3% price change
12-month return up 29% market up 11% · its own up 16%
F-score 4 / 9 Weak
Altman Z 7.62 Low risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 20.9× price / book
Earnings yield down 0.3% EBIT / enterprise value
Cheaper than 17% of the market · expensive
Revenue growth up 91% year on year
EPS growth — latest quarter
Sales growth up 59% latest quarter · -1 pts
ROE down 9% return on equity
Free cash margin down 2% -$6.3M FCF
D/E 0.57 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests
  • not yet profitable on its assets
  • operating cash flow is negative
  • short-term liquidity weakened
  • issued more shares
  • gross margin narrowed
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • assets working harder

Trade setup

ATR% 4.1% $1.31 a day · 2×ATR $29.45
RS 83 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.7× vs 50-day average
Up/down volume 1.00 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 8 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Shareholders diluted The share count rose 4.7% over the year, from 118m to 123m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 5, 2026
Results reaction Aug 5, 2026+2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $376.1M +91% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $0 FY2021 · $0 FY2022 · $3.7M FY2023 · $59.6M FY2024 · $196.5M FY2025 · $376.1M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$16.1M
-$500M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$135.7M FY2021 · -$206.4M FY2022 · -$311.5M FY2023 · -$262.1M FY2024 · -$140.0M FY2025 · -$16.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$6.3M
-$500M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$113.4M FY2021 · -$175.6M FY2022 · -$258.0M FY2023 · -$247.5M FY2024 · -$112.3M FY2025 · -$6.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 90%
  • Net -4%
  • Free cash -2%
-10000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 FY2022 · Gross 80% · Net -8450% · Free cash -7001% FY2023 · Gross 92% · Net -440% · Free cash -415% FY2024 · Gross 90% · Net -71% · Free cash -57% FY2025 · Gross 90% · Net -4% · Free cash -2%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $65.1M net debt
  • Cash
  • Long-term debt
$0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $65.1M · Long-term debt $0 FY2021 · Cash $96.4M · Long-term debt $72.3M FY2022 · Cash $53.6M · Long-term debt $197.8M FY2023 · Cash $88.4M · Long-term debt $201.8M FY2024 · Cash $71.3M · Long-term debt $107.2M FY2025 · Cash $42.9M · Long-term debt $108.0M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 123.33m +184.6% since FY2020
123.33m 43.34m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 43.34m FY2021 · 50.26m FY2022 · 61.04m FY2023 · 96.79m FY2024 · 117.85m FY2025 · 123.33m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $0 $0 $3.7M $59.6M $196.5M $376.1M
Gross margin — — 80% 92% 90% 90%
Operating income -$136.6M -$206.5M -$301.6M -$241.1M -$128.4M -$12.2M
Net income -$135.7M -$206.4M -$311.5M -$262.1M -$140.0M -$16.1M
Net margin — — -8450% -440% -71% -4%
Earnings per share -$3.80 -$4.18 -$5.66 -$3.78 -$1.16 -$0.13
Free cash flow -$113.4M -$175.6M -$258.0M -$247.5M -$112.3M -$6.3M
Free cash margin — — -7001% -415% -57% -2%
Cash $65.1M $96.4M $53.6M $88.4M $71.3M $42.9M
Long-term debt $0 $72.3M $197.8M $201.8M $107.2M $108.0M
Shareholders' equity $270.6M $297.7M $209.6M $88.7M $157.5M $189.5M
Shares outstanding 43.34m 50.26m 61.04m 96.79m 117.85m 123.33m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 5, 2026 Quarterly ↗ Jun 30, 2026 36d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Oct 28, 2025 Quarterly ↗ Sep 30, 2025 28d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 6, 2025 Quarterly ↗ Mar 31, 2025 36d
Feb 25, 2025 Annual ↗ Dec 31, 2024 56d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 14, 2024 Quarterly ↗ Jun 30, 2024 45d
May 14, 2024 Quarterly ↗ Mar 31, 2024 44d
Feb 27, 2024 Annual ↗ Dec 31, 2023 58d
Nov 3, 2023 Quarterly ↗ Sep 30, 2023 34d

Current reports