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Arcus Biosciences Inc (RCUS) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · BIOTECHNOLOGY · DATA UPDATED 2026-08-25

Arcus Biosciences Inc (RCUS) operates in the BIOTECHNOLOGY industry and is headquartered in Hayward, United States with about 601 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, RCUS reported $247M in revenue and ($353M) in net income.

Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States.

Interactive charts & full statements → Open the RCUS valuation workbench →

RCUS Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Total Revenue$117M$247M$258M$117M$112M$383M$78M$15M$8M$1M$0M
Gross Profit$110M$237M$258M$117M$112M$383M$78M$15M$8M$1M($1M)
Gross Margin %94.0%96.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Operating Income (EBIT)($486M)($386M)($330M)($340M)($280M)$54M($124M)($89M)($55M)($53M)($18M)
Operating Margin %-415.4%-156.3%-127.9%-290.6%-250.0%14.1%-159.0%-591.4%-656.8%-3782.1%
Net Income($452M)($353M)($283M)($307M)($267M)$53M($123M)($76M)($50M)($53M)($18M)
Net Margin %-386.3%-142.9%-109.7%-262.4%-238.4%13.8%-157.7%-506.2%-593.7%-3756.7%
EBITDA($419M)($335M)($269M)($291M)($258M)$59M($120M)($85M)($51M)($51M)($17M)
Earnings Per Share (EPS)$-3.92$-3.29$-3.14$-4.15$-3.71$0.72$-2.25$-1.73$-1.43$-2.16$-0.73
Shares Outstanding (M)126M107M90M74M72M74M55M44M35M25M25M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RCUS Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$41M$17M$33M$26M$160M$28M$26M$48M
Gross Profit$41M$15M$30M$24M$160M$28M$26M$48M
Gross Margin %100.0%88.2%90.9%92.3%100.0%100.0%100.0%100.0%
Operating Income (EBIT)($96M)($134M)($114M)($142M)($8M)($122M)($103M)($105M)
Operating Margin %-234.1%-788.2%-345.4%-546.1%-5.0%-435.7%-396.1%-218.8%
Net Income($91M)($128M)($98M)($135M)($8M)($112M)($94M)($92M)
Net Margin %-221.9%-752.9%-297.0%-519.2%-5.0%-400.0%-361.5%-191.7%
EBITDA($85M)($123M)($81M)($130M)$4M($108M)($89M)($89M)
Earnings Per Share (EPS)$-0.72$-1.02$-0.91$-1.27$-0.08$-1.14$-1.03$-1.01
Shares Outstanding (M)126M125M107M106M106M98M92M91M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RCUS Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash from Operations (CFO)($474M)($482M)($170M)($306M)$438M($256M)$111M($73M)($43M)($25M)($13M)
Capital Expenditures (CapEx)$1M$2M$6M$24M$6M$26M$3M$2M$4M$6M$4M
Free Cash Flow (FCF)($475M)($484M)($176M)($330M)$432M($282M)$108M($75M)($47M)($31M)($17M)
FCF Margin %-406.0%-195.9%-68.2%-282.1%385.7%-73.7%138.6%-502.6%-559.6%-2163.7%
Dividends Paid$5M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RCUS Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($119M)($138M)($120M)($97M)($133M)($132M)($100M)$26M
Capital Expenditures (CapEx)$0M$0M$1M$0M$0M$1M$1M$1M
Free Cash Flow (FCF)($119M)($138M)($121M)($97M)($133M)($133M)($101M)$25M
FCF Margin %-290.2%-811.8%-366.7%-373.1%-83.1%-475.0%-388.5%52.1%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RCUS Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Total Assets$924M$1.1B$1.1B$1.1B$1.3B$1.6B$772M$203M$275M$190M$110M
Cash & Cash Equivalents$150M$222M$150M$127M$206M$148M$173M$58M$71M$98M$65M
Total Liabilities$460M$508M$665M$633M$688M$750M$270M$39M$40M$37M$10M
Total Debt (Short + Long-Term)$114M$112M$60M$11M$3M$5M$3M$10M$6M$3M$0M
Total Shareholders' Equity$464M$631M$485M$462M$657M$841M$502M$164M$235M$154M$99M

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 RCUS viewer.

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