Aclaris Therapeutics Inc Financials
This page shows Aclaris Therapeutics Inc (ACRS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Aclaris Therapeutics Inc has an operating margin of -758.2%, meaning the company retains $-758 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -311.6% the prior year.
Aclaris Therapeutics Inc's revenue declined 40.1% year-over-year, from $31.2M to $18.7M. This contraction results in a growth score of 0/100.
Aclaris Therapeutics Inc carries a low D/E ratio of 0.42, meaning only $0.42 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.99, Aclaris Therapeutics Inc holds $3.99 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Aclaris Therapeutics Inc generated -$20.1M in operating cash flow, capex of $121K consumed most of it, leaving -$20.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Aclaris Therapeutics Inc passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Aclaris Therapeutics Inc generates $0.15 in operating cash flow (-$20.1M OCF vs -$132.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Aclaris Therapeutics Inc generated $18.7M in revenue in fiscal year 2024. This represents a decrease of 40.1% from the prior year.
Aclaris Therapeutics Inc's EBITDA was -$141.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 46.3% from the prior year.
Aclaris Therapeutics Inc generated -$20.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 74.6% from the prior year.
Aclaris Therapeutics Inc reported -$132.1M in net income in fiscal year 2024. This represents a decrease of 49.3% from the prior year.
Aclaris Therapeutics Inc earned $-1.71 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 34.6% from the prior year.
Aclaris Therapeutics Inc held $24.6M in cash against $0 in long-term debt as of fiscal year 2024.
Aclaris Therapeutics Inc had 108M shares outstanding in fiscal year 2024. This represents an increase of 52.2% from the prior year.
Aclaris Therapeutics Inc's gross margin was 85.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 4.0 percentage points from the prior year.
Aclaris Therapeutics Inc's operating margin was -758.2% in fiscal year 2024, reflecting core business profitability. This is down 446.6 percentage points from the prior year.
Aclaris Therapeutics Inc's net profit margin was -705.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 422.3 percentage points from the prior year.
Aclaris Therapeutics Inc invested $33.6M in research and development in fiscal year 2024. This represents a decrease of 65.9% from the prior year.
Aclaris Therapeutics Inc invested $121K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 90.8% from the prior year.
ACRS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3M+85.6% | $1.8M+22.1% | $1.5M-91.7% | $17.6M+89.3% | $9.3M+396.6% | $1.9M-26.1% | $2.5M-67.4% | $7.8M |
| Cost of Revenue | $538K+4.5% | $515K+1.8% | $506K-30.2% | $725K-14.5% | $848K-18.6% | $1.0M+29.0% | $808K-7.9% | $877K |
| Gross Profit | $2.8M+118.8% | $1.3M+33.0% | $949K-94.4% | $16.8M+99.7% | $8.4M+919.8% | $827K-51.9% | $1.7M-75.0% | $6.9M |
| R&D Expenses | $13.0M+13.8% | $11.4M-1.2% | $11.6M-56.5% | $26.6M+11.6% | $23.9M-5.5% | $25.3M+11.9% | $22.6M+7.2% | $21.1M |
| SG&A Expenses | $4.9M-9.6% | $5.4M-12.3% | $6.1M-25.3% | $8.2M+15.8% | $7.1M-14.7% | $8.3M-5.4% | $8.8M+23.0% | $7.1M |
| Operating Income | -$17.1M+6.8% | -$18.4M-1.8% | -$18.1M-346.8% | -$4.0M+87.2% | -$31.6M+0.7% | -$31.8M-6.3% | -$29.9M-2.9% | -$29.1M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$14.6M+5.3% | -$15.4M-2.3% | -$15.1M-911.7% | -$1.5M+94.9% | -$29.3M+1.0% | -$29.6M-5.0% | -$28.2M-1.9% | -$27.6M |
| EPS (Diluted) | $-0.12+7.7% | $-0.13-8.3% | $-0.12-500.0% | $-0.02+95.1% | $-0.41+2.4% | $-0.420.0% | $-0.42-2.4% | $-0.41 |
ACRS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $175.5M-7.2% | $189.1M-4.5% | $198.1M+0.3% | $197.4M-9.6% | $218.4M-7.3% | $235.6M+2.6% | $229.7M-9.8% | $254.6M |
| Current Assets | $100.6M-3.5% | $104.2M-4.2% | $108.8M-15.6% | $128.9M+4.7% | $123.1M-7.4% | $132.9M-27.9% | $184.4M-20.4% | $231.6M |
| Cash & Equivalents | $25.3M-0.6% | $25.4M-16.3% | $30.4M-23.9% | $39.9M+2.1% | $39.0M+25.3% | $31.1M-30.3% | $44.7M-1.2% | $45.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $318K+63.9% | $194K-22.4% | $250K-16.1% | $298K-13.9% | $346K-19.7% | $431K-37.2% | $686K+41.7% | $484K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $55.4M-3.4% | $57.4M+6.3% | $54.0M+34.3% | $40.2M-35.1% | $62.0M+11.0% | $55.9M+5.7% | $52.9M-7.2% | $57.0M |
| Current Liabilities | $25.6M-4.5% | $26.8M+24.8% | $21.5M-30.5% | $31.0M+13.3% | $27.3M+19.7% | $22.8M+25.0% | $18.3M-16.8% | $21.9M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $120.1M-8.8% | $131.7M-8.6% | $144.1M-8.3% | $157.2M+0.5% | $156.3M-13.0% | $179.8M+1.7% | $176.8M-10.5% | $197.6M |
| Retained Earnings | -$948.0M-1.6% | -$933.4M-1.7% | -$917.9M-19.1% | -$770.8M-0.2% | -$769.3M-4.0% | -$740.0M-4.2% | -$710.5M-4.1% | -$682.3M |
ACRS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$10.9M-9.4% | -$10.0M+23.5% | -$13.1M-93.1% | -$6.8M+72.5% | -$24.6M-18.9% | -$20.7M+21.6% | -$26.4M-37.9% | -$19.1M |
| Capital Expenditures | $23K+9.5% | $21K-51.2% | $43K-90.2% | $441K+425.0% | $84K-63.6% | $231K-58.2% | $553K+426.7% | $105K |
| Free Cash Flow | -$11.0M-9.4% | -$10.0M+23.6% | -$13.1M-81.9% | -$7.2M+70.8% | -$24.6M-18.0% | -$20.9M+22.4% | -$26.9M-40.0% | -$19.2M |
| Investing Cash Flow | $13.8M+174.0% | $5.0M-73.6% | $19.1M+153.2% | $7.5M-76.8% | $32.5M+265.5% | -$19.7M-176.2% | $25.8M+854.8% | $2.7M |
| Financing Cash Flow | -$3.0M-33722.2% | -$9K+96.7% | -$275K-661.2% | $49K+156.3% | -$87K | N/A | N/A | $37K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ACRS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 83.7%+12.7pp | 71.0%+5.8pp | 65.2%-30.6pp | 95.9%+5.0pp | 90.9%+46.6pp | 44.3%-23.8pp | 68.0%-20.7pp | 88.7% |
| Operating Margin | -519.8%+516.1pp | -1035.9%+207.0pp | -1242.9%-1219.9pp | -23.0%+317.2pp | -340.2%+1362.0pp | -1702.3%-518.8pp | -1183.5%-808.4pp | -375.1% |
| Net Margin | -443.0%+425.3pp | -868.3%+168.5pp | -1036.8%-1028.3pp | -8.5%+306.8pp | -315.2%+1266.8pp | -1582.1%-468.2pp | -1113.9%-757.5pp | -356.4% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -8.3%-0.2pp | -8.2%-0.5pp | -7.6%-6.9pp | -0.8%+12.6pp | -13.4%-0.9pp | -12.6%-0.3pp | -12.3%-1.4pp | -10.8% |
| Current Ratio | 3.92+0.0 | 3.88-1.2 | 5.06+0.9 | 4.16-0.3 | 4.50-1.3 | 5.82-4.3 | 10.10-0.5 | 10.55 |
| Debt-to-Equity | 0.46+0.0 | 0.44+0.1 | 0.38+0.1 | 0.26-0.1 | 0.40+0.1 | 0.31+0.0 | 0.30+0.0 | 0.29 |
| FCF Margin | -332.1%+231.5pp | -563.5%+336.8pp | -900.3%-859.3pp | -41.0%+224.5pp | -265.5%+852.0pp | -1117.4%-53.1pp | -1064.3%-816.4pp | -247.9% |
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Frequently Asked Questions
What is Aclaris Therapeutics Inc's annual revenue?
Aclaris Therapeutics Inc (ACRS) reported $18.7M in total revenue for fiscal year 2024. This represents a -40.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Aclaris Therapeutics Inc's revenue growing?
Aclaris Therapeutics Inc (ACRS) revenue declined by 40.1% year-over-year, from $31.2M to $18.7M in fiscal year 2024.
Is Aclaris Therapeutics Inc profitable?
No, Aclaris Therapeutics Inc (ACRS) reported a net income of -$132.1M in fiscal year 2024, with a net profit margin of -705.5%.
What is Aclaris Therapeutics Inc's earnings per share (EPS)?
Aclaris Therapeutics Inc (ACRS) reported diluted earnings per share of $-1.71 for fiscal year 2024. This represents a -34.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Aclaris Therapeutics Inc's EBITDA?
Aclaris Therapeutics Inc (ACRS) had EBITDA of -$141.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Aclaris Therapeutics Inc's gross margin?
Aclaris Therapeutics Inc (ACRS) had a gross margin of 85.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Aclaris Therapeutics Inc's operating margin?
Aclaris Therapeutics Inc (ACRS) had an operating margin of -758.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Aclaris Therapeutics Inc's net profit margin?
Aclaris Therapeutics Inc (ACRS) had a net profit margin of -705.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Aclaris Therapeutics Inc's free cash flow?
Aclaris Therapeutics Inc (ACRS) generated -$20.2M in free cash flow during fiscal year 2024. This represents a 74.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Aclaris Therapeutics Inc's operating cash flow?
Aclaris Therapeutics Inc (ACRS) generated -$20.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Aclaris Therapeutics Inc's total assets?
Aclaris Therapeutics Inc (ACRS) had $220.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Aclaris Therapeutics Inc's capital expenditures?
Aclaris Therapeutics Inc (ACRS) invested $121K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Aclaris Therapeutics Inc spend on research and development?
Aclaris Therapeutics Inc (ACRS) invested $33.6M in research and development during fiscal year 2024.
How many shares does Aclaris Therapeutics Inc have outstanding?
Aclaris Therapeutics Inc (ACRS) had 108M shares outstanding as of fiscal year 2024.
What is Aclaris Therapeutics Inc's current ratio?
Aclaris Therapeutics Inc (ACRS) had a current ratio of 3.99 as of fiscal year 2024, which is generally considered healthy.
What is Aclaris Therapeutics Inc's debt-to-equity ratio?
Aclaris Therapeutics Inc (ACRS) had a debt-to-equity ratio of 0.42 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Aclaris Therapeutics Inc's return on assets (ROA)?
Aclaris Therapeutics Inc (ACRS) had a return on assets of -59.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Aclaris Therapeutics Inc's cash runway?
Based on fiscal year 2024 data, Aclaris Therapeutics Inc (ACRS) had $24.6M in cash against an annual operating cash burn of $20.1M. This gives an estimated cash runway of approximately 15 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Aclaris Therapeutics Inc's Piotroski F-Score?
Aclaris Therapeutics Inc (ACRS) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Aclaris Therapeutics Inc's earnings high quality?
Aclaris Therapeutics Inc (ACRS) has an earnings quality ratio of 0.15x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Aclaris Therapeutics Inc?
Aclaris Therapeutics Inc (ACRS) scores 39 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.