20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Arrowhead Pharmaceuticals Inc (ARWR) operates in the BIOTECHNOLOGY industry and is headquartered in Pasadena, United States with about 711 employees. Its market capitalization is roughly $9 billion. In the fiscal year ended 2025-09-30, ARWR reported $829M in revenue and ($2M) in net income.
Arrowhead Pharmaceuticals, Inc. develops medicines for the treatment of intractable diseases in the United States.
Interactive charts & full statements → Open the ARWR valuation workbench →
| Income statement | TTM → 2026-06-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $669M | $829M | $4M | $241M | $243M | $138M | $88M | $169M | $16M | $31M | $0M | $0M | $0M | $0M | $0M | $0M | $1M | $4M | $1M | $1M | $1M |
| Gross Profit | — | $829M | ($15M) | $228M | $243M | $138M | $88M | $169M | $16M | $31M | $0M | $0M | ($4M) | ($3M) | ($2M) | $0M | ($4M) | ($5M) | ($14M) | ($11M) | ($7M) |
| Gross Margin % | — | 100.0% | -423.7% | 94.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -2076.2% | -993.2% | -1090.8% | 9.5% | -698.7% | -139.9% | -1039.8% | -874.8% | -1135.7% |
| Operating Income (EBIT) | ($226M) | $98M | ($601M) | ($205M) | ($179M) | ($149M) | ($93M) | $61M | ($56M) | ($37M) | ($82M) | ($96M) | ($53M) | ($25M) | ($21M) | ($10M) | ($9M) | ($20M) | ($35M) | ($38M) | ($20M) |
| Operating Margin % | -33.8% | 11.9% | -16927.1% | -85.2% | -73.4% | -107.8% | -105.9% | 36.2% | -346.5% | -117.8% | -51627.1% | -25124.1% | -30443.6% | -8471.3% | -14358.6% | -3319.5% | -1419.5% | -520.5% | -2685.9% | -3141.4% | -3439.9% |
| Net Income | ($320M) | ($2M) | ($599M) | ($205M) | ($176M) | ($141M) | ($85M) | $68M | ($54M) | ($34M) | ($82M) | ($92M) | ($59M) | ($31M) | ($21M) | ($3M) | ($6M) | ($19M) | ($27M) | ($30M) | ($19M) |
| Net Margin % | -47.8% | -0.2% | -16882.4% | -85.3% | -72.6% | -101.8% | -96.1% | 40.3% | -337.3% | -109.5% | -51614.6% | -24068.3% | -33503.0% | -10729.2% | -14383.6% | -1056.6% | -931.2% | -513.8% | -2078.7% | -2477.7% | -3190.3% |
| EBITDA | — | $165M | ($562M) | ($176M) | ($168M) | ($133M) | ($87M) | $66M | ($51M) | ($32M) | ($76M) | ($94M) | ($50M) | ($22M) | ($19M) | ($10M) | ($10M) | ($19M) | ($34M) | ($37M) | ($20M) |
| Earnings Per Share (EPS) | $-2.25 | $-0.01 | $-5.00 | $-1.92 | $-1.67 | $-1.36 | $-0.84 | $0.69 | $-0.65 | $-0.47 | $-1.34 | $-1.60 | $-1.25 | $-1.30 | $-1.90 | $-0.44 | $-0.90 | $-4.27 | $-6.91 | $-8.35 | $-5.95 |
| Shares Outstanding (M) | — | 134M | 120M | 107M | 105M | 104M | 101M | 99M | 84M | 74M | 61M | 57M | 47M | 24M | 11M | 7M | 6M | 5M | 4M | 4M | 3M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $75M | $74M | $264M | $256M | $28M | $543M | $2M | $24M | $0M |
| Gross Profit | — | $74M | $264M | $256M | $28M | $543M | $2M | ($5M) | ($5M) |
| Gross Margin % | — | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -21.3% | — |
| Operating Income (EBIT) | ($170M) | ($141M) | $41M | $44M | ($166M) | $381M | ($161M) | ($162M) | ($176M) |
| Operating Margin % | -226.7% | -191.6% | 15.5% | 17.2% | -596.2% | 70.2% | -6456.5% | -687.6% | — |
| Net Income | ($194M) | ($133M) | $31M | ($24M) | ($175M) | $370M | ($173M) | ($171M) | ($171M) |
| Net Margin % | -258.7% | -180.0% | 11.7% | -9.3% | -631.1% | 68.3% | -6923.4% | -722.9% | — |
| EBITDA | — | ($107M) | $57M | $64M | ($148M) | $397M | ($148M) | ($153M) | ($164M) |
| Earnings Per Share (EPS) | $-1.36 | $-0.93 | $0.22 | $-0.18 | $-1.26 | $2.75 | $-1.39 | $-1.40 | $-1.38 |
| Shares Outstanding (M) | — | 142M | 141M | 136M | 139M | 134M | 125M | 122M | 124M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | ($61M) | $180M | ($463M) | ($154M) | ($136M) | $171M | ($96M) | $173M | ($47M) | ($24M) | ($64M) | ($66M) | ($35M) | ($19M) | ($15M) | ($5M) | ($8M) | ($15M) | ($28M) | ($24M) | ($15M) |
| Capital Expenditures (CapEx) | $16M | $23M | $141M | $177M | $53M | $24M | $12M | $12M | $1M | $8M | $4M | $2M | $2M | $0M | $0M | $0M | $0M | $0M | $1M | $1M | $1M |
| Free Cash Flow (FCF) | ($75M) | $157M | ($604M) | ($331M) | ($189M) | $148M | ($108M) | $161M | ($49M) | ($32M) | ($68M) | ($68M) | ($37M) | ($19M) | ($16M) | ($5M) | ($8M) | ($15M) | ($28M) | ($25M) | ($16M) |
| FCF Margin % | -11.2% | 18.9% | -17018.3% | -137.3% | -77.7% | 106.8% | -122.5% | 95.4% | -301.4% | -101.4% | -43129.2% | -17716.8% | -21219.3% | -6659.4% | -10771.1% | -1823.6% | -1242.5% | -407.6% | -2169.2% | -2038.3% | -2641.0% |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | ($178M) | $84M | $13M | $20M | ($155M) | $460M | ($146M) | ($137M) | ($115M) |
| Capital Expenditures (CapEx) | $4M | $3M | $2M | $7M | $2M | $5M | $8M | $24M | $14M |
| Free Cash Flow (FCF) | ($181M) | $82M | $11M | $13M | ($157M) | $455M | ($154M) | ($162M) | ($130M) |
| FCF Margin % | -241.3% | 111.0% | 4.3% | 5.1% | -565.7% | 83.8% | -6151.5% | -684.7% | — |
| Dividends Paid | — | $42M | — | — | — | — | — | — | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.1B | $1.4B | $1.1B | $766M | $692M | $710M | $523M | $350M | $112M | $104M | $128M | $132M | $183M | $37M | $17M | $16M | $12M | $8M | $17M | $30M | $35M |
| Cash & Cash Equivalents | — | $227M | $103M | $111M | $108M | $184M | $144M | $222M | $30M | $25M | $85M | $81M | $133M | $19M | $3M | $8M | $7M | $2M | $10M | $24M | $28M |
| Total Liabilities | $1.6B | $882M | $949M | $478M | $274M | $301M | $61M | $106M | $16M | $23M | $33M | $23M | $17M | $12M | $8M | $3M | $4M | $3M | $5M | $3M | $3M |
| Total Debt (Short + Long-Term) | $984M | $262M | $400M | $11M | $3M | $2M | $1M | $12M | $2M | $3M | $3M | $1M | $1M | $2M | $1M | $2M | $0M | $1M | $2M | $1M | $0M |
| Total Shareholders' Equity | $466M | $466M | $185M | $271M | $399M | $409M | $462M | $245M | $96M | $81M | $96M | $110M | $167M | $27M | $11M | $13M | $9M | $5M | $12M | $26M | $31M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive ARWR viewer.
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