Arcus Biosciences, Inc.

Arcus Biosciences, Inc.

RCUS
Arcus Biosciences, Inc.US flagNew York Stock Exchange
29.66
USD
-0.47
- -
3.73BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.03
0.24
0.34
1.42
5.52
1.56
1.58
2.86
2.3
0.98
Basic EPS, GAAP
-0.73
-1.25
-1.43
-1.93
-2.25
0.76
-3.71
-4.15
-3.14
-3.29
-3.86
Free Cash Flow per Basic Share
-0.69
-0.72
-1.35
-1.72
1.97
-4.07
5.92
-4.46
-1.95
-4.51
-3.99
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.47
-1.7
5.28
3.57
7.71
11.9
9.01
6.12
5.26
5.04
3.65
Tangible Book Value per Share
-0.47
-1.7
5.28
3.57
7.71
11.9
9.01
6.12
5.26
5.04
3.65
Basic Weighted Avg Shares
25
43
35
44
55
69
72
74
90
107
119
Sales/Revenue/Turnover
- -
1
8
15
78
383
112
117
258
247
117
Operating Margin (%)
- -
-3,782.09
-656.76
-591.39
-158.97
14.1
-250
-290.6
-120.16
-156.28
-415.38
Depreciation Expense
1
3
4
4
3
4
6
8
10
10
10
Net Income, GAAP
-18
-53
-50
-85
-123
53
-267
-307
-283
-353
-460
Effective Tax Rate (%)
- -
- -
- -
- -
- -
3.64
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-3,756.69
-593.73
-564.73
-157.69
13.84
-238.39
-262.39
-109.69
-142.91
-393.16
Working Capital
94
164
242
170
614
1,096
874
647
790
776
558
LT Debt
- -
- -
- -
- -
15
117
- -
- -
48
99
101
Total Equity
99
154
235
164
502
842
657
462
485
631
464
Return on Invested Capital (%)
- -
- -
- -
- -
- -
7.04
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
7.18
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-42.48
-36.93
7.89
-35.62
-54.87
-59.77
-63.26
-90.82

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13
13
13
LT Borrowings
99
100
101
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
125
126
127
Market Capitalization
2,986
2,711
3,915

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,007
844
756
Cash, Cash Equivalents & STI
981
822
702
Accounts Receivable, Net
11
3
36
Inventories
- -
- -
- -
Total Current Liabilities
231
209
198
Payables & Accruals
165
152
154
ST Debt
13
13
13
Deferred Revenue
35
34
19

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.21%
30.1%
Free Cash Flow
- -
-132.26%
175%
Net Income, GAAP
- -
-142.99%
24.73%
Sales/Revenue/Turnover
- -
88.2%
-4.26%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
145
39
48
26
258
2025
28
160
26
33
247
2026
17
41
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-1.02
-1.01
-1.03
-3.14
2025
-1.14
- -
-1.27
-0.89
-3.29
2026
-1.02
-0.72
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Terry J. Rosen
Full Time Employees
601
Sector
Healthcare
Industry
Biotechnology
Address
3928 Point Eden Way Hayward CA United States of America 94545
IPO Date
Mar 14, 2018
Business
Arcus Biosciences, Inc. is a clinical-stage global biopharmaceutical company focused on developing differentiated molecules and combination therapies primarily for cancer treatment. The company’s core products include investigational medicines targeting immune checkpoints and tumor microenvironment pathways. Key programs consist of domvanalimab (anti-TIGIT antibody); zimberelimab (anti-PD-1 antibody); quemliclustat (a CD73 inhibitor); and casdatifan (AB521), a selective HIF-2α inhibitor targeting clear cell renal cell carcinoma (ccRCC). Arcus leverages innovative antibody engineering and synthetic biology platforms to develop its pipeline of immuno-oncology and chronic disease therapeutics. Founded in 2015 and headquartered in Hayward, California, Arcus operates globally with clinical trials and research collaborations internationally. Its strategic focus is on cancer immunotherapy, aiming to restore immune response by overcoming tumor-induced immunosuppression. The company also explores treatments for inflammatory conditions and autoimmune diseases. Arcus has a substantial financial position, bolstered by a $250 million loan facility from Hercules Capital and more than $1 billion in cash and marketable securities as of mid-2024, enabling advancement of its clinical pipeline. Recent major developments include the initiation of the Phase 3 PEAK-1 study evaluating casdatifan in combination with cabozantinib versus cabozantinib alone in patients with IO-experienced ccRCC, expected to start in 2025. Arcus also has a collaboration with AstraZeneca to study casdatifan plus AstraZeneca’s anti-PD-1/CTLA-4 bispecific antibody in IO-naive ccRCC patients. Additionally, Arcus regained full developmental and commercial rights to casdatifan after Gilead Sciences' option period expired in early 2025, which marked a strategic shift allowing independent advancement of this key asset. Gilead Sciences remains a significant equity holder and strategic partner, having increased its investment and board representation in Arcus. The company also plans to launch additional Phase 3 trials and continues to evaluate its clinical programs to optimize the development of multiple pipeline assets. Arcus Biosciences’ product portfolio targets key immune regulatory pathways with an emphasis on combination immunotherapies for cancer, including PD-1, TIGIT, and the adenosine axis. Its pipeline candidates are in various stages of clinical development, with particular emphasis on therapies for solid tumors such as metastatic colorectal cancer, pancreatic cancer, and ccRCC. The company’s strategic alliances, robust financial backing, and advanced therapeutic platforms position it for progression toward potential regulatory approvals and commercialization in the mid-term future. Overall, Arcus Biosciences is a clinical and translational biopharmaceutical company advancing innovative oncology therapies through a comprehensive pipeline of antibody-based and molecular targeted agents, supported by powerful collaborations and a solid financial foundation from its founding in 2015 through 2025.

Company News

  • Arcus Biosciences to Participate in Three Upcoming Investor Conferences

  • BlackRock Inc. Makes New $506.11 Million Investment in Arcus Biosciences, Inc. $RCUS

  • Kuehn Law Encourages Investors of Arcus Biosciences, Inc. to Contact Law Firm

  • Arcus Biosciences Announces New Employment Inducement Grants

  • Arcus Biosciences Q2 Earnings Call Highlights

  • Arcus Biosciences, Inc. (RCUS) Q2 2026 Earnings Call Transcript

  • Arcus Biosciences, Inc. (RCUS) Reports Q2 Loss, Tops Revenue Estimates

  • Arcus Biosciences Reports Second-Quarter 2026 Financial Results and Provides a Pipeline Update

  • Kuehn Law Encourages Investors of Arcus Biosciences, Inc. to Contact Law Firm

  • Arcus Biosciences Announces New Employment Inducement Grants

  • SMMT Shares Updated Ivonescimab Survival Data From NSCLC Study

  • Arcus Biosciences Announces Clinical Supply Agreement with AVEO Oncology to Evaluate Casdatifan in Combination with Tivozanib for Advanced Kidney Cancer Patients

  • Arcus Biosciences and Summit Therapeutics Enter Into Clinical Trial Collaboration to Evaluate Casdatifan Combined with Ivonescimab in Kidney Cancer

  • Arcus Biosciences to Host Conference Call to Discuss Second-Quarter 2026 Financial Results and Pipeline Updates

  • Why Did This Arcus Biosciences Analyst Bump Price Forecast by 33%?

  • An Arcus Insider Sold 68,569 Shares but Kept 1.2 Million After a 200% Run

  • Arcus Biosciences Announces New Employment Inducement Grants

  • New Research Published in Nature Links Clinical Activity with HIF‑2a Biology in Advanced Kidney Cancer Patients Treated with Casdatifan

  • Arcus Biosciences Announces New Employment Inducement Grants

  • Arcus Biosciences, Inc. (RCUS) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript