RCUS
Company Description
Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States. Its product pipeline includes, Etrumadenant, a dual A2a/A2b adenosine receptor antagonist, which is in a Phase 1b/2 clinical trial; and Zimberelimab, an anti-PD-1 antibody that is in Phase 1b clinical trial for monotherapy. The company also develops Domvanalimab, an anti-TIGIT monoclonal antibody, which is in Phase 2 development for the treatment of first-line metastatic non-small cell lung cancer in combination with Zimberelimab; Quemliclustat, a small-molecule CD73 inhibitor is in a Phase 1/1b study for the treatment of first-line metastatic pancreatic cancer; and AB521, an oral and small molecule HIF-2a inhibitor that is in Phase 1 study for the treatment of patients with von Hippel- Lindau disease. It has a clinical development collaboration agreement with Strata Oncology, Inc. to evaluate Zimberelimab; a collaboration with AstraZeneca, BVF Partners L.P to evaluate domvanalimab, its investigational anti-TIGIT antibody, in combination with Imfinzi (durvalumab) in a registrational Phase 3 clinical trial in patients with unresectable Stage III non-small cell lung cancer; and license agreements with Taiho Pharmaceutical Co., Ltd, Abmuno Therapeutics LLC, and WuXi Biologics to develop anti-CD39 antibody for the treatment of cancer. The company was incorporated in 2015 and is headquartered in Hayward, California.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 247.00M | 258.00M | 117.00M | 112.00M | 383.00M | 78.00M | 15.00M | 8.35M | 1.41M | 0 |
| Net Income | (353.00M) | (283.00M) | (307.00M) | (267.00M) | 53.00M | (123.00M) | (84.71M) | (49.59M) | (53.08M) | (17.97M) |
| EPS | -3.29 | -3.14 | -4.15 | -3.71 | 0.76 | -2.13 | -1.73 | -1.43 | -2.16 | -0.73 |
| Free Cash Flow | (484.00M) | (176.00M) | (330.00M) | 432.00M | (282.25M) | 108.11M | (75.39M) | (46.74M) | (30.57M) | (17.04M) |
| FCF / Share | -4.51 | -1.95 | -4.46 | 6.00 | -4.07 | 1.97 | -1.72 | -1.35 | -1.25 | -0.69 |
| Operating CF | (482.00M) | (170.00M) | (306.00M) | 438.00M | (256.17M) | 111.17M | (73.46M) | (43.00M) | (25.06M) | (12.94M) |
| Total Assets | 1.14B | 1.15B | 1.09B | 1.34B | 1.59B | 772.29M | 203.11M | 274.93M | 190.49M | 109.70M |
| Total Debt | 99.00M | 60.00M | 11.00M | 120.00M | 121.99M | 18.11M | 0 | 0 | 0 | 0 |
| Cash & Equiv | 222.00M | 150.00M | 127.00M | 206.00M | 147.91M | 173.41M | 57.94M | 71.06M | 98.43M | 65.16M |
| Book Value | 631.00M | 485.00M | 462.00M | 657.00M | 841.45M | 502.30M | 163.84M | 234.94M | 153.87M | 99.46M |
| Return on Equity | -0.56 | -0.58 | -0.66 | -0.41 | 0.06 | -0.24 | -0.52 | -0.21 | -0.34 | -0.18 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.00M | 33.00M | 26.00M | 160.00M | 28.00M | 26.00M | 48.00M | 39.00M | 145.00M | 31.00M | 32.00M | 29.00M |
| Net Income | (128.00M) | (98.00M) | (135.00M) | (8.00M) | (112.00M) | (94.00M) | (92.00M) | (93.00M) | (4.00M) | (81.00M) | (71.00M) | (75.00M) |
| EPS | -1.02 | -0.92 | -1.27 | 0.04 | -1.14 | -1.03 | -1.01 | -1.02 | -0.05 | -1.08 | -0.95 | -1.02 |
| Free Cash Flow | (138.00M) | (121.00M) | (97.00M) | (133.00M) | (133.00M) | (101.00M) | 25.00M | (94.00M) | (6.00M) | (94.00M) | (73.00M) | (62.00M) |
| FCF / Share | -1.10 | -1.13 | -0.91 | -1.25 | -1.35 | -1.10 | 0.27 | -1.03 | -0.07 | -1.25 | -0.98 | -0.85 |
| Operating CF | (138.00M) | (120.00M) | (97.00M) | (133.00M) | (132.00M) | (100.00M) | 26.00M | (94.00M) | (2.00M) | (88.00M) | (63.00M) | (57.00M) |
| Total Assets | 997.00M | 1.14B | 974.00M | 1.07B | 1.16B | 1.15B | 1.25B | 1.19B | 1.29B | 1.09B | 1.19B | 1.22B |
| Total Debt | 100.00M | 99.00M | 111.00M | 109.00M | 60.00M | 60.00M | 58.00M | 11.00M | 11.00M | 11.00M | 9.00M | 0 |
| Cash & Equiv | 201.00M | 222.00M | 238.00M | 248.00M | 192.00M | 150.00M | 201.00M | 156.00M | 185.00M | 127.00M | 184.00M | 230.00M |
| Book Value | 524.00M | 631.00M | 436.00M | 549.00M | 531.00M | 485.00M | 565.00M | 635.00M | 707.00M | 462.00M | 520.00M | 566.00M |
| Return on Equity | -0.24 | -0.16 | -0.31 | -0.01 | -0.21 | -0.19 | -0.16 | -0.15 | -0.01 | -0.18 | -0.14 | -0.13 |