Arcus Biosciences, Inc.

Arcus Biosciences, Inc.

RCUSยทNYSE

$23.86

-7.1%
HealthcareBiotechnology

Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States. Its product pipeline includes, Etrumadenant, a dual A2a/A2b adenosine receptor antagonist, which is in a Phase 1b/2 clinical trial; and Zimberelimab, an anti-PD-1 antibody that is in Phase 1b clinical trial for monotherapy. The company also develops Domvanalimab, an anti-TIGIT monoclonal antibody, which is in Phase 2 development for the treatment of first-line metastatic non-small cell lung cancer in combination with Zimberelimab; Quemliclustat, a small-molecule CD73 inhibitor is in a Phase 1/1b study for the treatment of first-line metastatic pancreatic cancer; and AB521, an oral and small molecule HIF-2a inhibitor that is in Phase 1 study for the treatment of patients with von Hippel- Lindau disease. It has a clinical development collaboration agreement with Strata Oncology, Inc. to evaluate Zimberelimab; a collaboration with AstraZeneca, BVF Partners L.P to evaluate domvanalimab, its investigational anti-TIGIT antibody, in combination with Imfinzi (durvalumab) in a registrational Phase 3 clinical trial in patients with unresectable Stage III non-small cell lung cancer; and license agreements with Taiho Pharmaceutical Co., Ltd, Abmuno Therapeutics LLC, and WuXi Biologics to develop anti-CD39 antibody for the treatment of cancer. The company was incorporated in 2015 and is headquartered in Hayward, California.

At a Glance

Live Snapshot
Market Cap$2.40B
EPS-3.2900
P/E Ratio-7.25
Earnings Date08/05/2026
3Y+121.0%
5Y+217.0%
10Y-
3Y+32.0%
5Y+187.0%
10Y+1864.0%
3Y-210.0%
5Y-534.0%
10Y+3624.0%
Arcus Biosciences, Inc.

Arcus Biosciences, Inc. Profit Bridge

RCUS ยท NYSE
Revenue247.00M
Cost of Goods Sold (10.00M)
Gross Profit237.00M
Operating Expenses (623.00M)
Operating Income-386.00M
Interest Expense (8.00M)
Other Income/Expense33.00M
Pretax Income-353.00M
Income Tax (0.00)
Net Income-353.00M
Net Income
-353.00M

Profitability Analysis

Gross Margin

96.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-156.3%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-142.9%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Arcus Biosciences, Inc. Income Statement

RCUS โ€ข NYSE

Arcus Biosciences, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
REVENUE
247M
258M
117M
112M
383M
78M
15M
8.4M
1.4M
0.0
GROSS PROFIT
(10M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(1.3M)
237M
258M
117M
112M
383M
78M
15M
8.4M
1.4M
-1.3M
OPERATING INCOME
(623M)
(588M)
(457M)
(392M)
(329M)
(202M)
(103.7M)
(63.2M)
(54.9M)
(18.2M)
(110M)
(120M)
(117M)
(104M)
(72M)
(43M)
(25.2M)
(13.6M)
(7.6M)
(3.9M)
(523M)
(448M)
(340M)
(288M)
(257M)
(159M)
(78.5M)
(49.6M)
(47.2M)
(14.2M)
-386M
-330M
-340M
-280M
54M
-124M
-88.7M
-54.9M
-53.4M
-18.2M
PRE-TAX INCOME
(8M)
(4M)
(2M)
(2M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-8M
48M
39M
14M
1M
1M
5.2M
4.9M
775K
0.0
-10M
(20M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
33M
47M
39M
14M
1M
1M
4M
5.3M
359K
212K
-353M
-283M
-301M
-266M
55M
-123M
-84.7M
-49.6M
-53.1M
-18M
NET INCOME
(0.0)
(1M)
(6M)
(1M)
(2M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-353M
-283M
-307M
-267M
53M
-123M
-84.7M
-49.6M
-53.1M
-18M

SEC Filings

RCUS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 21, 2026
June 11, 2026
2026
8-K

8-K 2026

N/A

April 20, 2026
April 20, 2026
2026
8-K

8-K 2026

N/A

March 23, 2026
March 17, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
8-K

8-K 2025

N/A

December 18, 2025
December 18, 2025
2025
8-K

8-K 2025

N/A

December 12, 2025
December 12, 2025
2025
8-K

8-K 2025

N/A

November 03, 2025
October 30, 2025
2025
Showing 1 to 10 of 137 filings