ARQTArcutis Biotherapeutics, Inc.

$26.56+53% 1Y
Latest close: back above its 200-day averageOct 9, 2026what changed →

Is it growing?

Mixed

Neither accelerating nor breaking down: revenue growing +76% year on year and operating margin widening (+45.0 points), but earnings down −128% year on year.

2 good, 1 to watch
Revenue trend+76% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings.

Earnings trend−128% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction+45.0 points operating

Trailing-twelve-month operating margin, 6.7% now against -38.3% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is ARQT growing?

Arcutis Biotherapeutics, Inc. has grown revenue 367% a year over three years.

+367%

Revenue growth, 3-year annual rate · Biotechnology median +17% · compounding fast · compounded from fiscal-year columns as filed

Years of annual history on file
8

Years of annual history on file · FY2018 to FY2025, as filed

Details›
Revenue FY2021
$0
Revenue FY2022
$3.7M
Revenue FY2023
$60M
Revenue FY2024
$197M
Revenue FY2025
$376M

Annual income statements as filed with the SEC.