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Companies / Healthcare / Arcus Biosciences, Inc.
RCUS

Arcus Biosciences, Inc.

HealthcarePharmaceutical Preparations
Ticker RCUSHAYWARD, CAFiscal year ends DecemberBook value per share $3.69Diluted shares 125.7M

Arcus Biosciences, Inc. (NASDAQ: RCUS) is a late clinical-stage biopharmaceutical company focused on developing differentiated small-molecule therapies for patients with cancer and inflammatory and autoimmune diseases. The company's website is www.arcusbio.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$247.00M
−4.3% year over year
Last 12 mo $117.00M
-156.28%
−28.4 percentage points
Last 12 mo -415.38%
$-353.00M
−24.7% year over year
Last 12 mo $-460.00M
-55.94%
−1.7 percentage points
Last 12 mo -99.14%
Cash & financing
$-482.00M
−183.5% year over year
Last 12 mo $-474.00M
$-484.00M
−175.0% year over year
Last 12 mo $-475.00M
0.16
Was 0.10× a year earlier
Last 12 mo 0.22
107.4M
+19.2% year over year
Last 12 mo 125.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Arcus Biosciences, Inc. does

In the company’s own words

Arcus Biosciences, Inc. (NASDAQ: RCUS) is a late clinical-stage biopharmaceutical company focused on developing differentiated small-molecule therapies for patients with cancer and inflammatory and autoimmune diseases. The company's website is www.arcusbio.com.

Arcus maintains a robust pipeline of investigational products across oncology and inflammation programs. In oncology, the company's most advanced candidate is casdatifan, an oral HIF-2α inhibitor designed to treat clear cell renal cell carcinoma. The company has completed enrollment in its Phase 1/1b ARC-20 study and is advancing two Phase 3 registrational trials, including PEAK-1 evaluating casdatifan combined with cabozantinib in previously treated ccRCC patients, and a planned first-line study targeting a TKI-free regimen. Quemliclustat, a small-molecule CD73 inhibitor, is being evaluated in the PRISM-1 Phase 3 study for metastatic pancreatic cancer in combination with standard chemotherapy. The company also develops domvanalimab, an anti-TIGIT antibody, and zimberelimab, an anti-PD-1 antibody, both being evaluated in multiple Phase 3 oncology trials.

The inflammation portfolio comprises five research and preclinical programs targeting MRGPRX2, TNF, CCR6, CD89, and CD40 ligand, with the company expecting to advance its first development candidate into clinical trials in 2026. The MRGPRX2 antagonist program represents the most advanced inflammation effort, with potential applications in chronic spontaneous urticaria and atopic dermatitis.

Arcus operates through strategic collaborations with major pharmaceutical partners. Under its Gilead Collaboration Agreement, Gilead Sciences holds exclusive licenses to develop and commercialize certain programs globally, with Arcus retaining co-promotion rights in the United States for select candidates. Taiho Pharmaceutical holds exclusive commercialization rights in Japan and certain Asian territories. The company also maintains licensing agreements with WuXi Biologics for anti-PD-1 development and Abmuno Therapeutics for anti-TIGIT antibody programs.

The company relies on third-party contract manufacturers for production of active pharmaceutical ingredients and drug products, maintaining a capital-efficient operational model focused on research and development activities.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
HAYWARD, CA
Fiscal year end
December
CIK
1724521
SIC
2834

Financial performance, year by year

Fiscal 2018–2025 · USD
$-544.29M$-291.42M$-38.56M$214.31M$467.17M20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Arcus Biosciences, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

260
funds hold it
0 of 35
superinvestors hold it
$1.07B
held by funds, at market
29.2%
of shares held by funds

Largest fund holders · Arcus Biosciences, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.14%of fund net assets
VANGUARD HEALTH CARE FUND
VGHCX · VANGUARD SPECIALIZED FUNDS
0.24%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.74%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

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