RCUS - Arcus Biosciences, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$31.17
DETAILS
HIGH:
$47.00
LOW:
$22.00
MEDIAN:
$30.00
CONSENSUS:
$31.17
UPSIDE:
33.03%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 247 | 258 | 117 | 112 | 383 | 78 | 15 | 8.4 | 1.4 | 0 |
| Cost of Revenue | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 |
| Gross Profit | 237 | 258 | 117 | 112 | 383 | 78 | 15 | 8.4 | 1.4 | (1.3) |
| Operating Expenses | ||||||||||
| R&D Expenses | 523 | 448 | 340 | 288 | 257 | 159 | 78.5 | 49.6 | 47.2 | 14.2 |
| SG&A Expenses | 110 | 120 | 117 | 104 | 72 | 43 | 25.2 | 13.6 | 7.6 | 3.9 |
| Other Expenses | (10) | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 623 | 588 | 457 | 392 | 329 | 202 | 103.7 | 63.2 | 54.9 | 18.2 |
| Operating Income | ||||||||||
| Operating Income | (386) | (330) | (340) | (280) | 54 | (124) | (88.7) | (54.9) | (53.4) | (18.2) |
| Interest Expense | 8 | 4 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 52 | 41 | 16 | 1 | 1 | 5.2 | 4.9 | 0.8 | 0.2 |
| Profitability | ||||||||||
| EBITDA | (335) | (269) | (291) | (258) | 59 | (120) | (81.1) | (51.2) | (50.8) | (16.9) |
| EBIT | (345) | (279) | (299) | (264) | 55 | (123) | (84.7) | (54.9) | (53.4) | (18.2) |
| Income Before Tax | (353) | (283) | (301) | (266) | 55 | (123) | (84.7) | (49.6) | (53.1) | (18.0) |
| Income Tax Expense | 0 | 1 | 6 | 1 | 2 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (353) | (283) | (307) | (267) | 53 | (123) | (84.7) | (49.6) | (53.1) | (18.0) |
| Per Share Data | ||||||||||
| EPS (Basic) | -3.29 | -3.14 | -4.15 | -3.71 | 0.76 | -2.13 | -1.73 | -1.43 | -2.16 | -0.73 |
| EPS (Diluted) | -3.29 | -3.14 | -4.15 | -3.71 | 0.71 | -2.13 | -1.73 | -1.43 | -2.16 | -0.73 |
| Shares Outstanding | 107.4 | 90.1 | 74 | 72 | 69.3 | 54.8 | 43.8 | 34.6 | 24.6 | 24.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 222 | 150 | 127 | 206 | 147.9 | 173.4 | 57.9 | 71.1 | 98.4 | 65.2 |
| Short-Term Investments | 759 | 828 | 632 | 803 | 351.4 | 555.2 | 130.3 | 185.5 | 77.3 | 33.7 |
| Net Receivables | 0 | 25 | 42 | 43 | 746.8 | 1.7 | 0.1 | 0.1 | 0.0 | 0.4 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 26 | 13 | 30 | 14 | 14.7 | 4.5 | 0.3 | 0 | 0 | 0 |
| Total Current Assets | 1,007 | 1,016 | 831 | 1,066 | 1,261.8 | 735.8 | 192.7 | 258.9 | 176.9 | 99.7 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 40 | 47 | 51 | 135 | 137.4 | 23.6 | 9.3 | 11.1 | 11.2 | 8.6 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 14 | 107 | 134 | 185.0 | 6.6 | 0 | 4.4 | 0.7 | 1 |
| Other Non-Current Assets | 92 | 73 | 106 | 10 | 7.7 | 6.2 | 1.1 | 0.5 | 1.7 | 0.4 |
| Total Non-Current Assets | 132 | 134 | 264 | 279 | 330.1 | 36.5 | 10.4 | 16.0 | 13.6 | 10.0 |
| Total Assets | 1,139 | 1,150 | 1,095 | 1,345 | 1,591.9 | 772.3 | 203.1 | 274.9 | 190.5 | 109.7 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 18 | 17 | 20 | 10.3 | 15.7 | 4.7 | 3.1 | 3.8 | 3.9 |
| Short-Term Debt | 0 | 0 | 0 | 3 | 5.1 | 2.9 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 35 | 85 | 91 | 97 | 102.0 | 74.6 | 7 | 6.2 | 5 | 0 |
| Other Current Liabilities | 196 | 14 | 39 | 48 | 30.3 | 19.9 | 6.4 | 1.6 | 0.8 | 0.7 |
| Total Current Liabilities | 231 | 226 | 184 | 193 | 166.1 | 121.7 | 22.7 | 16.9 | 12.7 | 5.5 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 99 | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 178 | 157 | 142 | 23 | 5.3 | 10.2 | 4.5 | 6.1 | 5.3 | 4.7 |
| Total Non-Current Liabilities | 277 | 439 | 449 | 495 | 584.4 | 148.3 | 16.6 | 23.0 | 23.9 | 4.7 |
| Total Liabilities | 508 | 665 | 633 | 688 | 750.4 | 270.0 | 39.3 | 40.0 | 36.6 | 10.2 |
| Stockholders' Equity | ||||||||||
| Common Stock | 2,116 | 1,617 | 1,311 | 1,206 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,485) | (1,132) | (849) | (542) | (275.4) | (328.2) | (205.3) | (122.8) | (73.2) | (20.2) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | (7) | (1.3) | 0.0 | 0.1 | (0.1) | (0.0) | (0.0) |
| Total Stockholders' Equity | 631 | 485 | 462 | 657 | 841.5 | 502.3 | 163.8 | 234.9 | 153.9 | 99.5 |
| Total Liabilities & Equity | 1,139 | 1,150 | 1,095 | 1,345 | 1,591.9 | 772.3 | 203.1 | 274.9 | 190.5 | 109.7 |
| Debt Metrics | ||||||||||
| Total Debt | 99 | 60 | 11 | 120 | 122.0 | 18.1 | 0 | 0 | 0 | 0 |
| Net Debt | (123) | (90) | (116) | (86) | (25.9) | (155.3) | (57.9) | (71.1) | (98.4) | (65.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (353) | (283) | (307) | (267) | 52.8 | (122.9) | (84.7) | (49.6) | (53.1) | (18.0) |
| Depreciation & Amortization | 10 | 10 | 8 | 14 | 3.8 | 4.2 | 3.6 | 3.7 | 2.6 | 1.3 |
| Stock-Based Compensation | 60 | 76 | 73 | 0 | 55 | 22 | 9.0 | 3.9 | 0.5 | 0.1 |
| Change in Working Capital | (194) | 22 | (71) | 623 | (375.6) | 208.1 | 0.1 | 1.3 | 24.6 | 3.6 |
| Other Non-Cash Items | (5) | 5 | (9) | 68 | 3.5 | (0.0) | (1.4) | (0.2) | (0.1) | 0.1 |
| Operating Cash Flow | (482) | (170) | (306) | 438 | (256.2) | 111.2 | (73.5) | (43.0) | (25.1) | (12.9) |
| Investing Activities | ||||||||||
| Capital Expenditure | (2) | (6) | (24) | (6) | (26.1) | (3.1) | (1.9) | (3.7) | (5.5) | (4.1) |
| Acquisitions | 0 | 0 | 0 | 0 | (22) | 431 | 0 | 0 | 0 | (1) |
| Purchases of Investments | (1,076) | (1,043) | (788) | (1,241) | (718.9) | (739.7) | (247.8) | (261.6) | (96.8) | (33.8) |
| Sales/Maturities of Investments | 1,144 | 965 | 1,006 | 837 | 741.1 | 308.3 | 308.9 | 151.9 | 53.3 | 1 |
| Other Investing Activities | 0 | 0 | 0 | (3) | 22 | (431) | 0 | (109.7) | (43.6) | (1) |
| Investing Cash Flow | 66 | (84) | 194 | (413) | (3.9) | (434.4) | 59.2 | (113.4) | (49.1) | (38.9) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 49 | 47 | 0 | 10 | 5 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | (0.0) | (0.1) | (0.1) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 2 | 8 | 0 | 12.3 | 4.7 | 1.2 | 4.0 | 0.5 | 0.3 |
| Financing Cash Flow | 488 | 277 | 33 | 33 | 237.3 | 438.7 | 1.1 | 129.1 | 107.4 | 70.1 |
| Cash Position | ||||||||||
| Net Change in Cash | 72 | 23 | (79) | 58.1 | (22.7) | 115.5 | (13.1) | (27.4) | 33.3 | 18.3 |
| Cash at Beginning | 153 | 130 | 209 | 147.9 | 173.6 | 58.1 | 71.3 | 98.4 | 65.2 | 46.9 |
| Cash at End | 225 | 153 | 130 | 206 | 150.9 | 173.6 | 58.1 | 71.1 | 98.4 | 65.2 |
| Free Cash Flow | (484) | (176) | (330) | 432 | (282.2) | 108.1 | (75.4) | (46.7) | (30.6) | (17.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 247 | 258 | 117 | 112 | 383 | 78 | 15 | 8.4 | 1.4 | 0 |
| Gross Profit | 237 | 258 | 117 | 112 | 383 | 78 | 15 | 8.4 | 1.4 | (1.3) |
| Operating Income | (386) | (330) | (340) | (280) | 54 | (124) | (88.7) | (54.9) | (53.4) | (18.2) |
| Net Income | (353) | (283) | (307) | (267) | 53 | (123) | (84.7) | (49.6) | (53.1) | (18.0) |
| EPS (Diluted) | -3.29 | -3.14 | -4.15 | -3.71 | 0.71 | -2.13 | -1.73 | -1.43 | -2.16 | -0.73 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 222 | 150 | 127 | 206 | 147.9 | 173.4 | 57.9 | 71.1 | 98.4 | 65.2 |
| Total Assets | 1,139 | 1,150 | 1,095 | 1,345 | 1,591.9 | 772.3 | 203.1 | 274.9 | 190.5 | 109.7 |
| Total Debt | 99 | 60 | 11 | 120 | 122.0 | 18.1 | 0 | 0 | 0 | 0 |
| Stockholders' Equity | 631 | 485 | 462 | 657 | 841.5 | 502.3 | 163.8 | 234.9 | 153.9 | 99.5 |
| Cash Flow | ||||||||||
| Operating Cash Flow | (482) | (170) | (306) | 438 | (256.2) | 111.2 | (73.5) | (43.0) | (25.1) | (12.9) |
| Capital Expenditure | (2) | (6) | (24) | (6) | (26.1) | (3.1) | (1.9) | (3.7) | (5.5) | (4.1) |
| Free Cash Flow | (484) | (176) | (330) | 432 | (282.2) | 108.1 | (75.4) | (46.7) | (30.6) | (17.0) |