greeksoup/ stock research
Stock research / United States / ARWR · Pharmaceutical Preparations · Nasdaq

Arrowhead Pharmaceuticals, Inc. (ARWR)

Compare with another name

Arrowhead Pharmaceuticals, Inc. (ARWR) reported revenue of $75 million for Q3 FY2026, the quarter ended 30 June 2026, up 171.0% on the same quarter a year earlier. Net income was -$194 million, and diluted earnings per share $-1.36. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$75 millionup 171.0%
Net income-$194 million
Diluted EPS$-1.36
QuarterQ3 FY2026ended 30 June 2026

Arrowhead Pharmaceuticals (ARWR) in brief

Arrowhead Pharmaceuticals (ARWR) reported revenue of $829 million for fiscal 2025, the year ended 30 September 2025, up 23258.2% on the year before.
Read moreNet loss was $2 million and the diluted loss per share $0.01. Revenue was $4 million in fiscal 2024, $241 million in fiscal 2023, $243 million in fiscal 2022 and $138 million in fiscal 2021. Net income in the same years was a loss of $599 million, a loss of $205 million, a loss of $176 million and a loss of $141 million. Over the twelve months to 30 June 2026, Arrowhead Pharmaceuticals reported revenue of $669 million and net loss of $320 million. Revenue grew 56.6% a year, compounded, over the five years to fiscal 2025. Arrowhead Pharmaceuticals had 141 million shares outstanding at the latest filed count. At 30 June 2026 it carried $683 million of debt and $55 million of cash. At the close of 8 October 2026 the market cap of Arrowhead Pharmaceuticals was $8.6 billion.

Ratios

From the filings

ROE-68.7%
ROCE-19.7%
Operating margin-33.8%
Net margin-47.8%
FCF margin-11.2%
Interest cover-2.45
Debt to equity1.47
Cash conversionn/a
Share count, 1 year2.2%
Sales CAGR, 3 years50.5%
Profit CAGR, 3 yearsn/a
EPS, TTM-$2.18

At the close of 8 October 2026

Price$60.74
Market cap$8.6 billion
Stock P/En/a
Price to book18.41
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales12.80
52-week high$89.59
52-week low$35.41
Price, 1 year64.4%
Price CAGR, 3 years34.5%
Price CAGR, 5 years0.1%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on the borrowings Arrowhead Pharmaceuticals, Inc. reports under its own heading, which is the only one it files; lease liabilities are separate lines. Nothing here is a valuation or a view.
ARWRgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on ARWR

Filings20 in twelve months: 10 current reports (8-K), about 4 results of operations; 3 other events; 2 material agreement; 1 officer or director change; 1 shareholder vote
Planned insider sales21 Form 144 notices in twelve months, $37.3 million; latest 18 August 2026
Options tapeput/call 0.52 by open interest at the 8 October 2026 close; the straddle prices a 6.2% move to 16 October 2026
13F holders9 of the followed funds hold it; largest FMR LLC; 9 Schedule 13D or 13G filings in twelve months
Insider trading64 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest9.3 million shares short, 5.15 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue16.13.60.00.00.02.554327.825626473.775.3
R&D99.9116101152136137133162175177173198
SG&An/an/an/an/an/an/a28.430.9n/an/a41.747.1
Operating income-108-137-126-176-162-161381-16644.140.8-141-170
Operating margin-673%-3845%n/an/an/a-6456%70%-596%17%15%-192%-226%
Interest expense5.35.47.25.114.621.621.624.421.722.523.824.6
Pre-tax income-109-139-127-174-173-175370-17936.128.3-138-179
Tax raten/an/an/an/an/an/a0%n/a55%0%n/an/a
Net income-110-133-125-171-171-173370-175-23.830.8-133-194
Net margin-681%-3742%n/an/an/a-6923%68%-631%-9%12%-180%-258%
Diluted EPS-$1.02-$1.24-$1.02-$1.38-$1.36-$1.39$2.75-$1.26-$0.11$0.22-$0.93-$1.36
Operating cash flow-25.3-118-92.4-115-137-146460-15520.513.584.4-177
Capital expenditure63.968.734.114.424.37.55.32.47.52.12.63.9
Free cash flow-89.2-186-126-130-162-154455-15713.011.381.9-181
Shares outstanding107m108m124m124m124m126m138m138m136m137m141m141m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014FY2015FY2016 †FY2017 †FY2018FY2019 †FY2020 †FY2021FY2022FY2023 †FY2024FY2025TTM
Revenue0.20.40.231.416.116988.01382432413.6829669
Research and development23.147.362.150.953.081.0129206297353506607723
Operating income-53.3-96.0-81.7-37.0-55.961.2-93.2-149-179-205-60198.3-226
Operating margin-30443.6%-25124.1%-51627.1%-117.8%-346.5%36.3%-105.9%-107.8%-73.4%-85.2%-16927.1%11.9%-33.8%
Interest expensen/an/an/an/an/an/an/a0.00.018.332.489.492.6
Pre-tax income-58.7-91.9-81.7-34.4-54.468.1-84.6-141-173-206-61251.5-252
Income tax0.00.00.00.00.00.20.00.03.82.8-2.821.420.0
Effective tax raten/an/an/an/an/a0.3%n/an/an/an/an/a41.6%n/a
Net income-58.6-91.9-81.7-34.4-54.568.0-84.6-141-176-205-599-1.6-320
Net margin-33503.0%-24068.3%-51614.6%-109.5%-337.3%40.3%-96.1%-101.9%-72.4%-85.3%-16882.4%-0.2%-47.8%
Diluted EPS-$1.25-$1.60-$1.34-$0.47-$0.65$0.69-$0.84-$1.36-$1.67-$1.92-$5.00-$0.01-$2.18
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014FY2015FY2016 †FY2017 †FY2018FY2019 †FY2020 †FY2021FY2022FY2023 †FY2024FY2025TTM
Operating cash flow-35.4-65.7-64.4-23.9-47.2173-95.8171-136-154-463180-59.1
Capital expenditure1.72.03.97.91.412.012.023.652.817714122.716.1
Free cash flow-37.1-67.7-68.3-31.9-48.6161-108148-189-331-604157-75.1
Free cash flow margin-21219.3%-17716.8%-43129.2%-101.4%-301.3%95.4%-122.5%106.8%-77.7%-137.3%-17018.3%18.9%-11.2%
Cash from investingn/an/a13.4-48.6-7.4-47.7-241-142-5.4-96.2-420-129-802
Cash from financingn/an/a55.112.160.066.425811.365.225387174.0784
Depreciation and amortisation1.32.33.33.03.02.74.26.68.710.716.922.224.1
Share-based compensation5.710.211.67.98.512.443.476.712178.174.063.470.0
Diluted shares, weightedn/an/an/a74m84m99m101m104m105m107m120m134m143m
Shares outstanding at period end55m60m70m75m89m96m102m104m106m107m124m136m141m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015FY2016 †FY2017 †FY2018FY2019 †FY2020 †FY2021FY2022FY2023 †FY2024FY2025TTM
Funded by
Shareholders' equity16711095.681.495.8245462409399271185466466
Non-controlling interest-0.6-0.6-0.6-0.6-0.6-0.6n/a0.019.815.85.637.40.5
Debtn/an/a2.52.32.1n/an/an/a0.00.0393255683
Operating lease liabilitiesn/an/an/an/an/an/a20.023.378.8105111104114
Other liabilities16.822.630.620.814.310640.7278195374445523849
Total liabilities and equity1831321281041123505237106927661,1401,3852,112
Owned
Fixed assets3.94.515.415.513.923.230.948.7110290386383373
Intangible assets1.024.822.220.518.817.115.413.712.010.38.66.95.6
Investments44.7n/an/an/an/an/a85.01270.02935786931,547
Securities held for sale or to maturityn/a17.5n/a40.846.481.1n/an/an/an/an/an/an/a
Cash and equivalents13381.285.424.830.122214418410811110322754.8
Receivablesn/an/a0.10.10.30.70.810.31.40.00.06.88.6
Other assets0.74.25.22.42.06.024732646061.464.269.7123
Total assets1831321281041123505237106927661,1401,3852,112
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded115.6%56.6%50.5%16.8%
Profit growth, compoundedn/an/an/an/a
Return on equity, average-65.3%-95.6%-133.1%-0.3%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Pharmaceutical Products

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Eli Lilly & Co. LLY$1.10 trillion39.2578.8%n/a49.6%1.410.5%
Johnson & Johnson JNJ$618.1 billion29.7224.8%n/a8.1%0.442.0%
ABBVIE Inc. ABBV$481.4 billion76.95n/a26.2%10.4%n/a2.5%
Merck & Co., Inc. MRK$351.3 billion113.907.6%n/a4.6%1.292.3%
Novartis AG NVS *$273.1 billion20.0230.3%n/a8.4%0.622.9%
AstraZeneca PLC AZN *$246.3 billion24.2821.0%23.4%8.6%0.612.0%
Abbott Laboratories ABT$171.6 billion31.8710.6%15.8%8.1%0.582.4%
Novo Nordisk A/S NVO *$170.8 billion11.0652.8%41.3%6.4%0.674.6%
Pfizer Inc. PFE$158.6 billion36.615.1%n/a-0.2%0.716.2%
Vertex Pharmaceuticals Inc. VRTX$127.5 billion29.2921.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$121.7 billion13.1241.6%24.2%3.1%1.924.2%
Sanofi SNY *$98.1 billion11.2210.9%n/a6.2%0.265.5%
All 42 in Pharmaceutical Products
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Eli Lilly & Co. LLY$1.10 trillion39.2578.8%n/a49.6%1.410.5%
Johnson & Johnson JNJ$618.1 billion29.7224.8%n/a8.1%0.442.0%
ABBVIE Inc. ABBV$481.4 billion76.95n/a26.2%10.4%n/a2.5%
Merck & Co., Inc. MRK$351.3 billion113.907.6%n/a4.6%1.292.3%
Novartis AG NVS *$273.1 billion20.0230.3%n/a8.4%0.622.9%
AstraZeneca PLC AZN *$246.3 billion24.2821.0%23.4%8.6%0.612.0%
Amgen Inc. AMGN$220.3 billion25.3274.8%30.0%9.1%4.901.8%
Gilead Sciences, Inc. GILD$182.6 billionn/a-27.4%-8.2%5.5%2.222.1%
Abbott Laboratories ABT$171.6 billion31.8710.6%15.8%8.1%0.582.4%
Novo Nordisk A/S NVO *$170.8 billion11.0652.8%41.3%6.4%0.674.6%
Pfizer Inc. PFE$158.6 billion36.615.1%n/a-0.2%0.716.2%
Vertex Pharmaceuticals Inc. VRTX$127.5 billion29.2921.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$121.7 billion13.1241.6%24.2%3.1%1.924.2%
Sanofi SNY *$98.1 billion11.2210.9%n/a6.2%0.265.5%
GSK plc GSK *$93.4 billion12.6734.9%24.3%4.1%0.883.6%
Moderna, Inc. MRNA$78.6 billionn/a-46.6%-149.0%-27.6%0.09n/a
Regeneron Pharmaceuticals, Inc. REGN$78.4 billion18.2813.7%24.7%9.3%0.060.5%
Takeda Pharmaceutical Company Limited TAK *$58.5 billionn/a-2.1%0.1%-1.7%0.663.5%
argenx SE ARGX *$50.7 billion41.8317.6%n/a89.9%0.00n/a
Teva Pharmaceutical Industries Ltd. TEVA$45.7 billion65.429.1%9.3%4.1%2.140.0%
IDEXX Laboratories Inc. IDXX$40.5 billion36.0970.7%32.0%12.8%0.60n/a
Biogen Inc. BIIB$32.2 billion38.664.4%10.1%0.3%0.39n/a
Zoetis Inc. ZTS$30.3 billion12.0483.1%n/a1.5%2.872.8%
Roivant Sciences Ltd. ROIV$24.7 billionn/a-6.3%-7,914.8%-67.6%0.00n/a
Genmab A/S GMAB *$23.2 billion23.4516.5%28.6%19.2%0.90n/a
BioNTech SE BNTX *$23.1 billionn/a-5.9%-49.0%4.3%0.01n/a
United Therapeutics Corp. UTHR$22.7 billion19.0620.5%44.4%2.5%0.00n/a
Viatris Inc. VTRS$20.0 billionn/a-2.9%-0.6%4.4%0.812.8%
Exelixis, Inc. EXEL$14.7 billion18.5646.7%39.9%9.2%0.00n/a
Jazz Pharmaceuticals plc JAZZ$14.4 billion15.3419.6%19.5%12.6%0.91n/a
Neurocrine Biosciences Inc. NBIX$14.4 billion20.7119.1%23.6%34.4%0.00n/a
Corcept Therapeutics Inc. CORT$12.8 billion282.247.8%0.8%16.0%0.00n/a
Halozyme Therapeutics, Inc. HALO$12.5 billion32.79288.1%35.9%41.2%13.50n/a
Bio-Techne Corp. TECH$11.3 billion63.008.6%20.7%-0.4%0.090.4%
Elanco Animal Health Inc. ELAN$11.3 billionn/a-3.0%n/a12.0%0.56n/a
Biomarin Pharmaceutical Inc. BMRN$10.6 billion148.351.2%4.4%11.2%0.66n/a
Dr. Reddy’s Laboratories Limited RDY *$10.2 billion22.8511.4%15.0%3.2%0.050.7%
Krystal Biotech, Inc. KRYS$9.7 billion41.0217.8%44.9%22.6%0.00n/a
Repligen Corp. RGEN$9.2 billion224.442.0%8.2%16.5%0.26n/a
Cytokinetics Inc. CYTK$8.6 billionn/an/a-1,046.1%-21.1%n/an/a
Arrowhead Pharmaceuticals, Inc. ARWR$8.6 billionn/a-68.7%-33.8%16.8%1.47n/a
Lantheus Holdings, Inc. LNTH$6.5 billion24.1821.0%19.4%2.3%0.43n/a
27 companies share its SEC industry code (Pharmaceutical Preparations); the rest are the names nearest in size in its wider industry, Pharmaceutical Products, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20264 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-Q31 December 20255 February 2026EDGAR
10-K30 September 202525 November 2025EDGAR
10-K/A30 September 202410 October 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 202512 May 2025EDGAR
10-Q31 December 202410 February 2025EDGAR
10-K30 September 202426 November 2024EDGAR
10-Q30 June 20248 August 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install