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Companies / Health Care / Arcutis Biotherapeutics, Inc.
ARQT

Arcutis Biotherapeutics, Inc.

Health CarePharmaceutical Preparations
Ticker ARQTWESTLAKE VILLAGE, CAFiscal year ends DecemberBook value per share $1.79Diluted shares 136.2M

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is a commercial-stage biopharmaceutical company that develops and commercializes treatments for immune-mediated dermatological diseases. Its marketed portfolio centers on ZORYVE (roflumilast), a once-daily topical PDE4 inhibitor available as creams and foam for plaque… From the company’s description.

Over the twelve months to Sep 30, 2026, Arcutis Biotherapeutics, Inc. reported revenue of $508.68M, up 60.0% from a year earlier, and net income of $29.91M. Its operating margin was 6.9%, and operations generated $59.96M in cash. In fiscal 2025, it reported revenue of $376.07M, up 91.3% from fiscal 2024, and a net loss of $16.14M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$376.07MFY2025
+91.3% year over year
Last 12 mo $508.68M
-3.25%FY2025
+62.1 percentage points
Last 12 mo 6.91%
$-16.14MFY2025
+88.5% year over year
Last 12 mo $29.91M
-8.52%FY2025
+80.4 percentage points
Last 12 mo 12.26%
Cash & financing
$-5.63MFY2025
+95.0% year over year
Last 12 mo $59.96M
$-6.31MFY2025
+94.4% year over year
Last 12 mo $59.71M
0.58FY2025
Was 0.68× a year earlier
Last 12 mo 0.45
127.2MFY2025
+5.2% year over year
Last 12 mo 136.2M

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 that develops and commercializes treatments for immune-mediated dermatological diseases. Its marketed portfolio centers on ZORYVE (roflumilast), a once-daily topical PDE4 inhibitor available as creams and foam for plaque psoriasis, seborrheic dermatitis, and atopic dermatitis. The products are approved for adults and, depending on formulation and indication, children; they are marketed in the United States and Canada. Arcutis also develops ZORYVE for additional indications, including hidradenitis suppurativa and vitiligo, and is advancing ARQ-234, a CD200 receptor agonist fusion protein, as a potential treatment for atopic dermatitis and other inflammatory conditions. The company licensed worldwide dermatological rights to topical roflumilast from AstraZeneca in 2018 and acquired Ducentis BioTherapeutics, including ARQ-234, in 2022. It has licensing collaborations for topical roflumilast in Greater China and Southeast Asia and in Japan. Its website is https://www.arcutis.com/.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
WESTLAKE VILLAGE, CA
Fiscal year end
December
CIK
1787306
SIC
2834

Financial performance, year by year

Fiscal 2020–2025 · USD
$-393.47M$-147.43M$98.61M$344.65M$590.69M202020212022202320242025Last 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
25.6%
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

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