RCUSArcus Biosciences, Inc.

$18.95-3.9% 1Y

The business

How RCUS's business earns

Arcus Biosciences, Inc. spent more than it took in: an operating loss of $475M on $100M of revenue, 12 months to Sep 30, 2026.

$475M

Operating loss · on $100M of revenue · 12 months to Sep 30, 2026

Share count, year on year
+20%

Share count, year on year · more shares than a year ago

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY2020−159%
FY202114%
FY2022−250%
FY2023−291%
FY2024−128%
FY2025−156%
Details›
Operating margin12 months to Sep 30, 2026
−475%
Net margin12 months to Sep 30, 2026
−453%
Free cash flow margin
−466%
R&D as % of revenue
473%
Revenue, trailing twelve months
$100M
Free cash flow, trailing twelve months
−$466M
Net income, trailing twelve months
−$453M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Customers and suppliers

Who buys from RCUS and who it buys from, as the companies report it.

97%of revenue comes from Gilead Sciences
Customerswho buys
Supplierswho it buys from

None disclosed.

Across 3,049 annual reports, 267 companies get a quarter of their revenue from one customer: our study ›
Arcus Biosciences (RCUS) Customers, Suppliers and Margins · Ryufin