NASDAQ$ARQT

Arcutis Biotherapeutics Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Arcutis reported Q1 2026 total revenues of $105.4M and a net loss of $11.3M, or $(0.09) per share.

For the quarter ended March 31, 2026, Arcutis generated total revenues of $105.4 million, up 60% from $65.8 million a year ago, on ZORYVE and pipeline product uptake. Net loss was $11.3 million, or $(0.09) per share, narrowed from a $25.1 million loss and $(0.20) in Q1 2025.

  • Total revenues $105.4M (+60% YoY).
  • Net loss improved to $(11.3)M.
  • Commercial launch scaling for topical dermatology brands.
  • SG&A up with field force expansion.

Headline financials

Total Revenue

$105M

Previous: $65.8M+60.1%
EPS (adj)

-$0.09

Previous: -$0.20+55.0%
Capital Expenditures

$0.00

Previous: -$608K+100.0%
Net Income

-$11.3M

Previous: -$25.1M+54.9%
Operating Income

-$9.09M

Previous: -$24.5M+62.9%

Revenue & EPS history

Arcutis · Revenue · Quarterly

$105M

Q1 2026+60.1%vs Q1 2025
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Forward guidance

Prescription growth, payer coverage, and new indications are key 2026 catalysts discussed with investors.

Tailwinds

  • Strong revenue acceleration.
  • Loss per share cut in half.

Headwinds

  • Still pre-profit on GAAP.
  • Heavy commercial investment phase.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.8%

Avg return

Earnings day

+1.1%

Avg return

5 days after

-0.5%

Avg return

30 days after

64%

16 / 25 earnings

Positive

+27.2%

Q3 2025

Best reaction

-15.6%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.2%-9.3%-9.4%
Q4 2025+5.7%-12.6%-21.4%
Q3 2025+27.2%+28.9%+57.6%
Q1 2025-4.6%+0.5%+0.3%
Q4 2024+8.4%+5.2%+28.9%
Q3 2024+11.8%+16.6%+33.3%
Q2 2024-14.6%-13.1%+7.1%
Q1 2024+15.6%+15.1%+16.9%
Q4 2023+7.4%+21.5%+2.3%
Q3 2023+5.4%-0.9%-10.4%
Q2 2023-2.0%-6.5%-21.0%
Q1 2023-15.6%-29.3%-29.8%
Q4 2022+4.4%-2.7%-31.8%
Q3 2022+0.6%+3.1%-8.4%
Q2 2022+13.2%+11.8%+8.6%
Q1 2022-11.8%-14.1%-3.5%
Q4 2021+1.1%+12.6%+10.7%
Q3 2021-7.5%-6.9%-35.6%
Q2 2021+3.1%+5.2%+4.1%
Q1 2021-3.4%-1.8%-23.1%
Q4 2020-0.1%+3.6%-10.5%
Q3 2020-3.8%+8.9%+37.1%
Q2 2020+1.7%+1.8%-6.5%
Q1 2020+0.0%-4.6%-4.6%
Q4 2019+0.0%-4.6%-4.6%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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