ARROWHEAD PHARMACEUTICALS, INC.
ARROWHEAD PHARMACEUTICALS, INC.
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Financial Statements
Values in Millions ($) | 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 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consolidated Entity Excluding Variable Interest En… | - | 76 | 71 | 89 | - | - | - | 76 | - | - | - | - | |||||
Variable Interest Entity Primary Beneficiary | - | -89 | 130 | 138 | - | - | - | 26 | - | - | - | - | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 55 | 189 | 202 | 227 | 130 | 186 | 54 | 103 | 69 | 128 | 58 | 111 | |||||
Available For Sale Securities Debt Securities Curr… | - | - | 714 | 693 | 771 | 912 | 499 | 578 | 367 | 395 | 162 | 293 | |||||
Accounts Receivable Net Current | 9 | 16 | 219 | 7 | 10 | 2 | 3 | 0 | - | - | - | 0 | |||||
Short Term Investments | - | 1,596 | 715 | - | - | - | - | - | - | - | - | - | |||||
Prepaid Expense Current | 25 | 22 | 16 | 11 | 24 | 24 | 9 | 10 | 9 | 11 | 11 | 9 | |||||
Other Assets Current | 36 | 18 | 23 | 14 | 13 | 12 | 6 | 5 | 4 | 8 | 7 | 4 | |||||
Held To Maturity Securities Current | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Assets Current | 1,671 | 1,840 | 1,174 | 951 | 947 | 1,135 | 571 | 695 | 450 | 542 | 238 | 416 | |||||
Property Plant And Equipment Net | 373 | 375 | 379 | 383 | 381 | 385 | 387 | 386 | 376 | 359 | 333 | 290 | |||||
Finite Lived Intangible Assets Net | 6 | 6 | 6 | 7 | 7 | 8 | 8 | 9 | 9 | 9 | 10 | 10 | |||||
Operating Lease Right Of Use Asset | 56 | 43 | 43 | 44 | 44 | 44 | 45 | 45 | 44 | 45 | 45 | 45 | |||||
Other Assets Noncurrent | 6 | 5 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 0 | 0 | 3 | |||||
Held To Maturity Securities Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Assets | 2,112 | 2,268 | 1,604 | 1,385 | 1,381 | 1,573 | 1,014 | 1,140 | 884 | 955 | 626 | 766 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 28 | 31 | 33 | 18 | 33 | 10 | 14 | 11 | 27 | 9 | 4 | 36 | |||||
Accrued Liabilities Current | 86 | 77 | 130 | 90 | 65 | 78 | 59 | 63 | 48 | 37 | 47 | 40 | |||||
Employee Related Liabilities Current | 23 | 20 | 14 | 27 | 19 | 17 | 11 | 22 | 16 | 14 | 9 | 18 | |||||
Operating Lease Liability Current | 5 | 8 | 8 | 7 | 7 | 7 | 7 | 6 | 6 | 5 | 3 | 11 | |||||
Contract With Customer Liability Current | 95 | 109 | 112 | 2 | 23 | 43 | 0 | 0 | 0 | 0 | 0 | 1 | |||||
Lines Of Credit Current | 40 | 40 | 40 | 40 | 40 | 65 | 2 | 0 | - | - | - | - | |||||
Other Liabilities Current | 6 | 11 | 11 | 11 | 7 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | |||||
Liabilities Current | 283 | 295 | 347 | 195 | 195 | 221 | 94 | 103 | 97 | 65 | 64 | 105 | |||||
Liabilities Noncurrent | |||||||||||||||||
Operating Lease Liability Noncurrent | 114 | 100 | 102 | 104 | 106 | 108 | 109 | 111 | 112 | 114 | 115 | 105 | |||||
Contract With Customer Liability Noncurrent | 32 | 49 | 54 | - | 0 | 0 | 0 | - | - | - | - | 0 | |||||
Long Term Line Of Credit | 141 | 160 | 163 | 215 | 200 | 209 | 408 | 393 | - | - | - | 0 | |||||
Convertible Debt Noncurrent | 683 | 682 | - | - | - | - | - | - | - | - | - | - | |||||
Liabilities Noncurrent | 1,363 | 1,374 | 694 | 686 | 666 | 669 | 864 | 846 | 448 | 395 | 389 | 373 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 2,443 | 2,395 | 2,211 | 2,140 | 2,120 | 2,107 | 1,847 | 1,806 | 1,786 | 1,769 | 1,320 | 1,300 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -1 | 1 | 7 | 6 | 5 | 4 | 4 | 5 | -1 | -1 | -1 | -3 | |||||
Retained Earnings Accumulated Deficit | -1,923 | -1,729 | -1,596 | -1,627 | -1,603 | -1,428 | -1,799 | -1,626 | -1,455 | -1,284 | -1,159 | -1,026 | |||||
Treasury Stock Common Value | -53 | -53 | -53 | -53 | - | - | - | 0 | - | - | - | - | |||||
Stockholders Equity | 466 | 599 | 568 | 466 | 522 | 684 | 56 | 191 | 331 | 495 | 174 | 271 | |||||
Minority Interest | 1 | -15 | -6 | 37 | -3 | 1 | 3 | 6 | 8 | 12 | 13 | 16 | |||||
Liabilities And Stockholders Equity | 2,112 | 2,268 | 1,604 | 1,385 | 1,381 | 1,573 | 1,014 | 1,140 | 884 | 955 | 626 | 766 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 290 | 290 | 290 | 290 | 290 | 290 | 290 | 290 | 290 | 290 | 290 | 290 | |||||
Common Stock Shares Issued | 144 | 143 | 140 | 136 | 138 | 138 | 126 | 124 | 124 | 124 | 108 | 107 | |||||
Shares Outstanding | 141 | 141 | 137 | 136 | 138 | 138 | 126 | 124 | 124 | 124 | 108 | 107 | |||||
Treasury Stock Common Shares | 3 | 3 | 3 | 3 | - | - | - | 0 | - | - | - | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.12% | -10.61% | 14.34% | -0.05% | 1.21% | 9.81% | - | - | - | - | - | - |
| 2025 | -14.81% | -46.39% | -27.61% | 20.33% | 20.19% | 14.03% | 37.17% | 104.23% | 136.61% | 45.67% | 36.44% | 36.40% |
| 2024 | 8.67% | -13.86% | -33.37% | -7.16% | 5.14% | 14.04% | -7.81% | -23.91% | -22.24% | -7.60% | -7.08% | -5.23% |
| 2023 | - | - | - | - | - | - | -9.25% | -12.79% | -23.40% | 4.73% | 16.46% | 1.73% |
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Performance and Valuation Metrics
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Metrics | 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 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 5.90 | 6.23 | 3.38 | 4.86 | 4.87 | 5.15 | 6.09 | 6.74 | 4.65 | 8.31 | 3.73 | 3.95 | |||||
| Quick Ratio | 5.81 | 6.16 | 3.33 | 4.81 | 4.75 | 5.04 | 5.99 | 6.65 | 4.56 | 8.14 | 3.57 | 3.87 | |||||
| Working Capital | 1.39B | 1.54B | 826.96M | 755.15M | 752.39M | 914.68M | 476.78M | 592.30M | 353.35M | 476.48M | 174.18M | 311.02M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 3.54 | 2.79 | 1.83 | 1.75 | 1.65 | 1.30 | 17.08 | 4.97 | 1.65 | 0.93 | 2.61 | 1.67 | |||||
| Interest Coverage TTM | -2.45 | -2.40 | 3.33 | 1.10 | -1.31 | -1.88 | -12.87 | -18.58 | -23.83 | -20.57 | -14.36 | -11.19 | |||||
| Debt Ratio | 0.78 | 0.74 | 0.65 | 0.64 | 0.62 | 0.57 | 0.94 | 0.83 | 0.62 | 0.48 | 0.72 | 0.62 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.38 | 0.32 | 0.83 | 0.66 | 0.51 | 0.43 | 0.00 | 0.00 | 0.02 | 0.04 | 0.24 | 0.33 | |||||
| Days Sales Outstanding TTM | 4.98 | 5.30 | 37.03 | 3.00 | 6.18 | 1.58 | 365.00 | - | - | - | - | - | |||||
| Receivables Turnover TTM | 73.35 | 68.92 | 9.86 | 121.55 | 59.08 | 230.53 | 1.00 | - | - | - | - | - | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -1.97 | -1.87 | 1.66 | 0.23 | -1.08 | -1.06 | -5.10 | -5.00 | -4.39 | -3.87 | -2.82 | -1.96 | |||||
| Free Cash Flow Per Share TTM | -0.52 | -0.36 | 2.35 | 1.17 | -0.13 | 0.07 | -4.58 | -5.05 | -4.29 | -3.81 | -3.75 | -3.10 | |||||
| Dividend Per Share TTM | 0.31 | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | - | - | - | - | - | - | - | - | - | 111.47% | 107.61% | |||||
| Operating Profit Margin TTM | -33.82% | -35.67% | 27.55% | 11.86% | -18.84% | -21.74% | -25,037.88% | -16,927.06% | -2,785.05% | -1,335.58% | -164.75% | -85.16% | |||||
| Net Profit Margin TTM | -42.15% | -42.86% | 21.45% | 3.63% | -26.21% | -26.11% | -25,488.08% | -16,882.37% | -2,775.65% | -1,346.13% | -166.63% | -86.93% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 16.85% | 14.09% | 43,539.24% | 23,258.15% | 2,816.21% | 1,436.97% | -98.62% | -98.52% | -92.33% | -87.00% | -34.71% | -1.03% | |||||
| Net Income Growth (1Y) | 87.89% | 87.28% | -136.72% | -105.02% | -72.46% | -70.19% | 110.41% | 186.46% | 197.97% | 213.90% | 94.84% | 18.57% | |||||
| EPS Growth (1Y) | 82.20% | 75.38% | -133.46% | -104.50% | -75.40% | -72.44% | 81.03% | 155.29% | 156.72% | 171.82% | 92.34% | 17.10% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -41.41 | -33.50 | 38.88 | 153.19 | -14.63 | -11.94 | -3.68 | -3.87 | -5.92 | -7.38 | -10.85 | -13.71 | |||||
| P/B TTM | 25.10 | 14.91 | 16.01 | 9.16 | 4.21 | 2.48 | 41.86 | 12.14 | 9.77 | 7.12 | 18.92 | 9.99 | |||||
| P/S TTM | 17.46 | 14.36 | 8.34 | 5.56 | 3.83 | 3.12 | 938.86 | 653.40 | 164.29 | 99.40 | 18.09 | 11.92 | |||||
| Market Cap | 11.69B | 8.93B | 9.10B | 4.61B | 2.20B | 1.70B | 2.35B | 2.32B | 3.23B | 3.53B | 3.29B | 2.87B | |||||
| Enterprise Value | 12.35B | 9.46B | 8.94B | 4.43B | 2.11B | 1.58B | 2.29B | 2.22B | 3.16B | 3.40B | 3.23B | 2.76B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -75.11M | -50.87M | 322.01M | 156.89M | -17.62M | 9.60M | -571.61M | -604.32M | -532.65M | -470.16M | -402.70M | -330.63M | |||||
| Net Debt | 667.95M | 533.42M | -161.64M | -186.55M | -89.79M | -120.71M | -52.26M | -102.69M | -69.40M | -127.70M | -58.22M | -110.89M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ARROWHEAD PHARMACEUTICALS, INC. (ARWR) — SEC Financial Statements & Analysis
ARROWHEAD PHARMACEUTICALS, INC. (ARWR) is a pharmaceutical preparations company, incorporated in DE. ARROWHEAD PHARMACEUTICALS, INC. trades on Nasdaq as: ARWR. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), ARROWHEAD PHARMACEUTICALS, INC. reported a 16.85% year-over-year revenue growth, a Gross Profit Margin of 111.47% (TTM), a Debt-to-Equity ratio of 3.54x, a Price-to-Sales (P/S) ratio of 17.46x (TTM), a Price-to-Book (P/B) ratio of 25.10x (TTM), at a market cap of $11.69B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 16.85%
- Gross Profit Margin TTM
- 111.47%
- Debt To Equity
- 3.54x
- P/S TTM
- 17.46x
- P/B TTM
- 25.10x
- Market Cap
- $11.69B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ARROWHEAD PHARMACEUTICALS, INC. in?
ARROWHEAD PHARMACEUTICALS, INC. (ARWR) operates in the Pharmaceutical Preparations industry.
What is ARWR's market cap?
ARROWHEAD PHARMACEUTICALS, INC. (ARWR) has a market capitalization of $11.69B as of 2026-06-30.
What exchange does ARWR trade on?
ARROWHEAD PHARMACEUTICALS, INC. (ARWR) trades on the Nasdaq.
Where is ARROWHEAD PHARMACEUTICALS, INC. incorporated?
ARROWHEAD PHARMACEUTICALS, INC. is incorporated in DE.