Arrowhead Research financials
$66.25+1.21%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q3 '26 Jun 30 | Q2 '26 Mar 31 | Q1 '26 Dec 31 | Q4 '25 Sep 30 | Q3 '25 Jun 30 | Q2 '25 Mar 31 | Q1 '25 Dec 31 | Q4 '24 Sep 30 | Q3 '24 Jun 30 | Q2 '24 Mar 31 | Q1 '24 Dec 31 | Q4 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.3M | $73.7M | $264.0M | $256.5M | $27.8M | $542.7M | $2.5M | $0.00 | $0.00 | $0.00 | $3.6M | $16.1M |
| Gross profit | $75.3M | $73.7M | $264.0M | $256.5M | $27.8M | $542.7M | $2.5M | $0.00 | $0.00 | $0.00 | $3.6M | $16.1M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — | — | — | 100.0% | 100.0% |
| Operating income | -$170.1M | -$141.3M | $40.8M | $44.1M | -$165.6M | $381.2M | -$161.4M | -$162.2M | -$176.1M | -$126.2M | -$136.5M | -$108.3M |
| Net income | -$194.3M | -$132.7M | $30.8M | -$23.8M | -$175.2M | $370.4M | -$173.1M | -$170.5M | -$170.8M | -$125.3M | -$132.9M | -$109.7M |
| Net margin | −258.2% | −180.0% | 11.7% | −9.3% | −631.1% | 68.3% | −6923.4% | — | — | — | −3741.6% | −681.4% |
| Diluted EPS | $-1.36 | $-0.93 | $0.22 | $-0.17 | $-1.26 | $2.75 | $-1.39 | $-1.37 | $-1.38 | $-1.02 | $-1.24 | $-1.04 |
| EBITDA | -$163.4M | -$134.9M | $47.2M | $50.5M | -$159.3M | $387.3M | -$156.2M | -$157.2M | -$171.4M | -$121.7M | -$132.3M | -$104.5M |
| Operating cash flow | -$177.5M | $84.4M | $13.5M | $20.5M | -$154.7M | $460.1M | -$146.3M | -$137.2M | -$115.4M | -$92.4M | -$117.8M | -$25.9M |
| Free cash flow | -$181.3M | $81.9M | $11.3M | $13.0M | -$157.1M | $454.8M | -$153.8M | -$161.5M | -$129.9M | -$126.5M | -$186.5M | -$89.8M |
| Diluted shares | 143.4M | 142.4M | 140.7M | 136.7M | 139.0M | 134.5M | 124.8M | 124.2M | 124.2M | 123.3M | 107.4M | 105.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $54.8M | $188.5M | $201.6M | $226.5M | $129.8M | $185.7M |
| Short-term investments | $1.55B | $1.60B | $715.0M | $692.8M | $770.6M | $911.7M |
| Total debt | $864.1M | $881.6M | $203.1M | $254.9M | $240.3M | $273.9M |
| Total assets | $2.11B | $2.27B | $1.60B | $1.39B | $1.38B | $1.57B |
| Total liabilities | $1.65B | $1.67B | $1.04B | $881.9M | $860.8M | $889.3M |
| Shareholders' equity | $466.0M | $598.9M | $562.7M | $503.4M | $519.8M | $684.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology