10x Insights
Loading account…
Companies / Healthcare / Arcutis Biotherapeutics, Inc.
ARQT

Arcutis Biotherapeutics, Inc.

HealthcarePharmaceutical Preparations
Ticker ARQTWESTLAKE VILLAGE, CAFiscal year ends DecemberBook value per share $1.62Diluted shares 136.0M

Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) is a commercial-stage biopharmaceutical company focused on developing and commercializing treatments for dermatological diseases with high unmet medical needs. The company's website is www.arcutis.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
$376.07M
+91.3% year over year
Last 12 mo $463.98M
-3.25%
+62.1 percentage points
Last 12 mo 7.38%
$-16.14M
+88.5% year over year
Last 12 mo $28.52M
-8.52%
+80.4 percentage points
Last 12 mo 12.93%
Cash & financing
$-5.63M
+95.0% year over year
Last 12 mo $39.31M
$-6.31M
+94.4% year over year
Last 12 mo $39.15M
0.58
Was 0.68× a year earlier
Last 12 mo 0.49
127.2M
+5.2% year over year
Last 12 mo 136.0M

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 Arcutis Biotherapeutics, Inc. does

In the company’s own words

Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) is a commercial-stage biopharmaceutical company focused on developing and commercializing treatments for dermatological diseases with high unmet medical needs. The company's website is www.arcutis.com.

Arcutis operates as a leading platform for dermatologic product development and commercialization, specializing in immuno-dermatology treatments. The company's core strategy centers on identifying molecules acting against validated biological targets in dermatology to develop best-in-class products addressing significant unmet needs in inflammatory skin conditions.

The company's primary commercial product is ZORYVE, a topical formulation of roflumilast, a highly potent and selective phosphodiesterase-4 (PDE4) inhibitor. ZORYVE is available in multiple formulations and concentrations across several approved indications. ZORYVE cream 0.3% is approved for treating plaque psoriasis in individuals aged 6 years and older in the United States and Canada, with a pending application for expansion to children as young as 2 years old. ZORYVE foam 0.3% is approved for seborrheic dermatitis in individuals aged 9 years and older and for plaque psoriasis of the scalp and body in individuals aged 12 and older. ZORYVE cream 0.15% treats mild to moderate atopic dermatitis in patients 6 years and older, while ZORYVE cream 0.05% addresses atopic dermatitis in children aged 2 to 5 years, with a pending application for infants as young as 3 months.

Beyond ZORYVE, Arcutis is advancing ARQ-234, a fusion protein checkpoint agonist acquired through the Ducentis BioTherapeutics acquisition in September 2022. ARQ-234 is being developed for atopic dermatitis as a complementary biologic treatment option and potentially for other inflammatory conditions.

The company holds exclusive worldwide rights to roflumilast as a topical product for dermatological indications through a licensing agreement with AstraZeneca. Arcutis maintains its own intellectual property portfolio with issued and pending patents providing exclusivity through 2037 for cream formulations and 2042 for foam formulations in the United States.

Arcutis has established international partnerships, including collaboration agreements with Hangzhou Zhongmei Huadong Pharmaceutical for Greater China and Southeast Asia and with Sato Pharmaceutical for Japan. The company estimates an actively prescription-treated patient market of approximately 17 million patients in the United States for topical therapies across plaque psoriasis, seborrheic dermatitis, and atopic dermatitis.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
WESTLAKE VILLAGE, CA
Fiscal year end
December
CIK
1787306
SIC
2834

Financial performance, year by year

Fiscal 2020–2025 · USD
$-389.00M$-156.37M$76.26M$308.89M$541.52M202020212022202320242025Last 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 Arcutis Biotherapeutics, Inc. — and what changed

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

215
funds hold it
0 of 35
superinvestors hold it
$806.80M
held by funds, at market
25.7%
of shares held by funds

Largest fund holders · Arcutis Biotherapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
0.71%of fund net assets
PGIM Jennison Small Company Fund
PGOAX · Prudential Jennison Small Co Fund, Inc.
1.04%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.04%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.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Arcutis Biotherapeutics, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Arcutis Biotherapeutics, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Arcutis Biotherapeutics, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.