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Arcutis Biotherapeutics Stock Price, News & Analysis

ARQT NASDAQ

Company Description

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is a commercial-stage medical dermatology and biopharmaceutical company focused on immune‑mediated dermatological diseases and conditions. The company concentrates on chronic inflammatory skin diseases and develops topical therapies intended to address persistent patient challenges in dermatology. Arcutis is classified under pharmaceutical preparation manufacturing within the broader manufacturing sector.

According to company disclosures, Arcutis has a growing portfolio of advanced targeted topical therapies approved to treat three major inflammatory skin diseases: atopic dermatitis, plaque psoriasis, and seborrheic dermatitis. Its work centers on immune‑mediated conditions where inflammation and skin barrier disruption play central roles. The company describes itself as championing meaningful innovation to address the urgent needs of individuals living with these chronic skin conditions.

Core products and indications

Arcutis’ commercial portfolio is built around ZORYVE (roflumilast), described in company materials as the number one prescribed branded topical therapy across atopic dermatitis, seborrheic dermatitis, and plaque psoriasis combined. ZORYVE is a topical formulation of roflumilast, a phosphodiesterase type 4 (PDE4) inhibitor, an intracellular enzyme target used in dermatology. Inhibiting PDE4 decreases the production of pro‑inflammatory mediators, which in turn reduces inflammation in the skin and helps balance the skin’s immune system.

The ZORYVE franchise includes multiple strengths and formulations with distinct indications:

  • ZORYVE cream 0.05% – indicated for topical treatment of mild to moderate atopic dermatitis in pediatric patients 2 to 5 years of age.
  • ZORYVE cream 0.15% – indicated for topical treatment of mild to moderate atopic dermatitis in adult and pediatric patients 6 years of age and older.
  • ZORYVE cream 0.3% – indicated for topical treatment of plaque psoriasis, including intertriginous areas, in adult and pediatric patients 6 years of age and older.
  • ZORYVE topical foam 0.3% – indicated for topical treatment of plaque psoriasis of the scalp and body in adult and pediatric patients 12 years of age and older.
  • ZORYVE topical foam 0.3% – indicated for topical treatment of seborrheic dermatitis in adult and pediatric patients 9 years of age and older.

Company communications describe ZORYVE cream 0.05% as a once‑daily, steroid‑free topical treatment formulated for young children with atopic dermatitis, and ZORYVE foam 0.3% as a once‑daily treatment that has demonstrated durable efficacy and favorable tolerability in seborrheic dermatitis, including long‑term use in clinical studies.

Medical dermatology focus and development platform

Arcutis characterizes itself as a medical dermatology company with a focus on immune‑mediated skin diseases. It states that its dermatology development platform, combined with dermatology expertise, enables the development of differentiated therapies against biologically validated targets. This platform has produced a pipeline for a range of inflammatory dermatological conditions, including programs beyond currently approved indications.

In its strategic updates, the company highlights an indication‑expansion strategy for the ZORYVE franchise. Arcutis reports ongoing Phase 2 proof‑of‑concept trials evaluating ZORYVE foam 0.3% in vitiligo and hidradenitis suppurativa, with decisions on program advancement planned based on these studies. It also notes continued efforts to expand ZORYVE use in pediatric populations with atopic dermatitis and plaque psoriasis through additional clinical trials and supplemental regulatory submissions.

Pipeline and early‑stage programs

Beyond ZORYVE, Arcutis is advancing ARQ‑234, described as a fusion protein and highly selective checkpoint agonist of the CD200 receptor. The company states that ARQ‑234 is being developed as a potential biologic treatment for atopic dermatitis, with plans to initiate or enroll patients in early‑phase clinical studies. This reflects an expansion from topical small‑molecule therapies into biologic approaches within immuno‑dermatology.

Company communications also reference earlier development work in pediatric atopic dermatitis and other investigational programs, indicating that Arcutis’ pipeline is oriented around chronic inflammatory skin diseases where immune modulation and long‑term disease control are key objectives.

Clinical evidence and recognition

Arcutis emphasizes that ZORYVE is supported by extensive clinical data, including pivotal Phase 3 trials and long‑term extension studies across atopic dermatitis, plaque psoriasis, and seborrheic dermatitis. Reported findings include:

  • Improvement in itch and reductions in the negative impact of atopic dermatitis on sleep in individuals aged 2 years and older.
  • Durable disease control with once‑daily treatment and, in some cases, maintenance with proactive twice‑weekly application after initial clearance.
  • Long‑term safety and tolerability of ZORYVE foam 0.3% in seborrheic dermatitis for up to 52 weeks, with low rates of treatment‑related adverse events and minimal local irritation.

Company materials note that ZORYVE has received multiple forms of external recognition, including the Allure "Best of Beauty Breakthrough Award," the National Psoriasis Foundation’s Seal of Recognition for certain ZORYVE formulations, and a strong recommendation from the American Academy of Dermatology for ZORYVE cream 0.15% in adult patients with mild to moderate atopic dermatitis, as reflected in updated guidelines. ZORYVE cream 0.15% has also been highlighted in consumer‑oriented awards for eczema products.

Commercialization and market positioning

Arcutis describes itself as a commercial‑stage company, with ZORYVE cream and foam available by prescription in the United States for their approved indications. The company reports net product revenue growth for ZORYVE and outlines plans to expand its dermatology sales force to deepen adoption among prescribers. It frames its strategy around converting portions of the topical corticosteroid market in indications where ZORYVE is approved, and around expanding into additional indications and age groups.

In corporate presentations, Arcutis highlights the role of ZORYVE as an advanced targeted topical and a nonsteroidal option for long‑term management of chronic inflammatory skin diseases. It also notes patient support initiatives such as copay assistance and patient assistance programs designed to facilitate access to prescribed ZORYVE products, as described in company press releases.

Regulatory and safety considerations

Across its communications, Arcutis provides important safety information for ZORYVE products. ZORYVE is contraindicated in patients with moderate to severe liver impairment (Child‑Pugh B or C). For ZORYVE foam, the company notes that the propellants are flammable, and advises avoiding fire, flame, and smoking during and immediately following application.

The most common adverse reactions reported at rates of at least 1% vary by formulation and indication, and include events such as upper respiratory tract infection, diarrhea, vomiting, rhinitis, conjunctivitis, headache, nausea, application site pain, insomnia, urinary tract infection, nasopharyngitis, and other events as detailed in prescribing information. Arcutis repeatedly directs readers to the full Prescribing Information for ZORYVE cream and ZORYVE foam for complete safety and usage details, and specifies that ZORYVE is for topical use only and not for ophthalmic, oral, or intravaginal use.

Corporate status and listing

Arcutis Biotherapeutics, Inc. is listed on The Nasdaq Global Select Market under the ticker symbol ARQT, as reflected in its SEC filings. Recent Form 8‑K filings describe routine corporate developments, including financial results disclosures and changes in board composition. These filings show the company continuing to operate as a public biopharmaceutical issuer with common stock registered under Section 12(b) of the Securities Exchange Act.

Investment and research considerations

For investors and researchers, Arcutis represents a focused participant in immuno‑dermatology, with an emphasis on topical PDE4 inhibition and emerging biologic approaches for chronic inflammatory skin diseases. The company’s disclosures highlight a combination of an approved commercial franchise in ZORYVE, ongoing indication‑expansion studies, and early‑stage pipeline assets such as ARQ‑234. Financial statements filed with the SEC provide detail on product revenue, research and development spending, and selling, general, and administrative expenses associated with the commercialization of ZORYVE and advancement of the pipeline.

Stock Performance

$—
0.00%
0.00
Last updated:
+97.8%
Performance 1 year

Insider Radar

Net Sellers
90-Day Summary
0
Shares Bought
540,638
Shares Sold
34
Transactions
Most Recent Transaction
Burnett Patrick (See Remarks) sold 9,794 shares @ $25.81 on Feb 4, 2026
Based on SEC Form 4 filings over the last 90 days.

Financial Highlights

$196,542,000
Revenue (TTM)
-$140,039,000
Net Income (TTM)
-$112,158,000
Operating Cash Flow

Upcoming Events

FEB
11
February 11, 2026 Marketing

Guggenheim fireside chat

Presentation at Guggenheim Emerging Outlook Biotech Summit; webcast and replay on Events page for 180 days
FEB
25
February 25, 2026 Earnings

Q4 earnings call

Company to discuss termination and promotion plans; webcast/phone details to be provided.
FEB
25
February 25, 2026 Earnings

Q4 & FY2025 results call

Earnings release and conference call/webcast at 4:30 p.m. ET; materials on company Events page; archived replay
APR
01
April 1, 2026 - June 30, 2026 Regulatory

sNDA submission for infants

Planned sNDA submission for ZORYVE (infants 3-24 months); Q2 2026 window
MAY
01
May 1, 2026 Corporate

25% RSU vesting

JUN
29
June 29, 2026 Regulatory

FDA PDUFA decision

PDUFA target action date for ZORYVE cream 0.3% sNDA (ages 2–5)
JUL
01
July 1, 2026 - September 30, 2026 Regulatory

sNDA submission (infants)

Expected sNDA submission for ZORYVE cream 0.05% in infants (Q3 2026)
AUG
01
August 1, 2026 Corporate

RSU vesting 25%

5,250 RSUs vest on first anniversary of vesting commencement date
OCT
01
October 1, 2026 - December 31, 2026 Clinical

Vitiligo program decision

Program decision for vitiligo Phase 2 proof-of-concept trial (Q4 2026)
OCT
01
October 1, 2026 Financial

25% RSUs vest

First tranche: 25% of 94,500 RSUs vest under 2022 Inducement Plan

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Frequently Asked Questions

What is the current stock price of Arcutis Biotherapeutics (ARQT)?

The current stock price of Arcutis Biotherapeutics (ARQT) is $26.07 as of February 5, 2026.

What is the market cap of Arcutis Biotherapeutics (ARQT)?

The market cap of Arcutis Biotherapeutics (ARQT) is approximately 3.2B. Learn more about what market capitalization means .

What is the revenue (TTM) of Arcutis Biotherapeutics (ARQT) stock?

The trailing twelve months (TTM) revenue of Arcutis Biotherapeutics (ARQT) is $196,542,000.

What is the net income of Arcutis Biotherapeutics (ARQT)?

The trailing twelve months (TTM) net income of Arcutis Biotherapeutics (ARQT) is -$140,039,000.

What is the earnings per share (EPS) of Arcutis Biotherapeutics (ARQT)?

The diluted earnings per share (EPS) of Arcutis Biotherapeutics (ARQT) is -$1.16 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Arcutis Biotherapeutics (ARQT)?

The operating cash flow of Arcutis Biotherapeutics (ARQT) is -$112,158,000. Learn about cash flow.

What is the profit margin of Arcutis Biotherapeutics (ARQT)?

The net profit margin of Arcutis Biotherapeutics (ARQT) is -71.25%. Learn about profit margins.

What is the operating margin of Arcutis Biotherapeutics (ARQT)?

The operating profit margin of Arcutis Biotherapeutics (ARQT) is -65.33%. Learn about operating margins.

What is the gross margin of Arcutis Biotherapeutics (ARQT)?

The gross profit margin of Arcutis Biotherapeutics (ARQT) is 90.27%. Learn about gross margins.

What is the current ratio of Arcutis Biotherapeutics (ARQT)?

The current ratio of Arcutis Biotherapeutics (ARQT) is 4.15, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Arcutis Biotherapeutics (ARQT)?

The gross profit of Arcutis Biotherapeutics (ARQT) is $177,414,000 on a trailing twelve months (TTM) basis.

What is the operating income of Arcutis Biotherapeutics (ARQT)?

The operating income of Arcutis Biotherapeutics (ARQT) is -$128,397,000. Learn about operating income.

What does Arcutis Biotherapeutics, Inc. do?

Arcutis Biotherapeutics, Inc. is a commercial-stage medical dermatology and biopharmaceutical company focused on immune-mediated dermatological diseases and conditions. It develops and commercializes advanced targeted topical therapies, notably the ZORYVE (roflumilast) franchise, for chronic inflammatory skin diseases such as atopic dermatitis, plaque psoriasis, and seborrheic dermatitis, as described in its public communications.

Which skin diseases are treated with Arcutis’ ZORYVE products?

According to company materials, ZORYVE products are approved to treat three major inflammatory skin diseases. ZORYVE cream 0.05% and 0.15% are indicated for mild to moderate atopic dermatitis in specific age groups, ZORYVE cream 0.3% is indicated for plaque psoriasis including intertriginous areas, and ZORYVE topical foam 0.3% is indicated for plaque psoriasis of the scalp and body and for seborrheic dermatitis in defined pediatric and adult populations.

How does ZORYVE (roflumilast) work in the skin?

Company descriptions state that ZORYVE is a topical formulation of roflumilast, a phosphodiesterase type 4 (PDE4) inhibitor. Inhibiting PDE4, an intracellular enzyme that is an established target in dermatology, decreases the production of pro-inflammatory mediators. This reduces inflammation in the skin and helps balance the skin’s immune system in conditions such as atopic dermatitis, plaque psoriasis, and seborrheic dermatitis.

What age groups can use ZORYVE cream for atopic dermatitis?

Arcutis reports that ZORYVE cream 0.05% is indicated for topical treatment of mild to moderate atopic dermatitis in pediatric patients 2 to 5 years of age. ZORYVE cream 0.15% is indicated for mild to moderate atopic dermatitis in adult and pediatric patients 6 years of age and older. These age ranges and indications are specified in the company’s press releases and indication summaries.

What indications does ZORYVE foam 0.3% have?

Company communications state that ZORYVE topical foam 0.3% is indicated for the treatment of plaque psoriasis of the scalp and body in adult and pediatric patients 12 years of age and older, and for seborrheic dermatitis in adult and pediatric patients 9 years of age and older. These indications reflect approvals described in Arcutis’ news releases.

What is ARQ-234 in Arcutis’ pipeline?

ARQ-234 is described by Arcutis as a fusion protein that is a potent and highly selective checkpoint agonist of the CD200 receptor. The company is developing ARQ-234 as a potential biologic treatment for atopic dermatitis and has outlined plans to initiate or enroll patients in early-phase clinical studies, according to its strategic updates.

How does Arcutis describe the safety profile of ZORYVE?

Arcutis reports that ZORYVE cream and foam have been evaluated in multiple clinical trials, including long-term studies, and describes them as safe and well tolerated in those settings. It lists common adverse reactions occurring in at least 1% of patients for each formulation and indication, such as headache, diarrhea, nausea, application site pain, upper respiratory tract infection, nasopharyngitis, and others, and notes that ZORYVE is contraindicated in patients with moderate to severe liver impairment (Child-Pugh B or C). The company directs readers to the full Prescribing Information for complete safety details.

Is ZORYVE a steroid-based treatment?

Company press releases describe ZORYVE cream 0.05% and other ZORYVE formulations as steroid-free, nonsteroidal, and advanced targeted topicals. Arcutis positions ZORYVE as an alternative to topical corticosteroids for long-term management of chronic inflammatory skin diseases, while emphasizing that it is based on topical PDE4 inhibition rather than corticosteroid mechanisms.

On which exchange is Arcutis Biotherapeutics listed and what is its ticker?

SEC filings state that Arcutis Biotherapeutics, Inc.’s common stock is listed on The Nasdaq Global Select Market under the trading symbol ARQT. The company’s common stock is registered pursuant to Section 12(b) of the Securities Exchange Act of 1934.

What types of clinical studies has Arcutis conducted for ZORYVE?

Arcutis references multiple pivotal Phase 3 randomized controlled trials in atopic dermatitis, Phase 2 and Phase 3 studies in plaque psoriasis and seborrheic dermatitis, and long-term open-label extension studies. It also cites Phase 2 proof-of-concept trials for additional indications such as vitiligo and hidradenitis suppurativa, as well as pediatric studies like INTEGUMENT-INFANT for infants with atopic dermatitis.