Arcturus Therapeutics Holdings Inc. (ARCT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 610K | 3.08M | 17.15M | 24.51M | 29.38M | 21M | 38.81M | 45.98M | 32.6M | 25.08M | 43.38M | 10.52M | 80.28M | 160.29M | 13.37M | 27.09M | 5.24M | 5.79M | 2.44M | 2M |
| Revenue Growth % | -97.92% | -85.33% | -55.81% | -46.69% | -9.87% | -16.26% | -10.51% | 337.08% | -59.4% | -84.35% | 224.45% | -61.17% | 1430.99% | 2666.53% | 448.58% | 1253.97% | 146.54% | 158.89% | 4.46% | -13.82% |
| Cost of Goods Sold | 658K | 0 | 3.34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.74M | 51.77M | 26.98M | 37.69M | 38.19M | 44.89M | 30.73M | 45.4M | 45.68M |
| COGS % of Revenue | 107.87% | - | 19.49% | - | - | - | - | - | - | - | - | 35.56% | 64.48% | 16.83% | 281.91% | 140.96% | 856.08% | 530.43% | 1862.86% | 2282.81% |
| Gross Profit | -48K | 3.08M | 13.81M | 24.51M | 29.38M | 21M | 38.81M | 45.98M | 32.6M | 25.08M | 43.38M | 6.78M | 28.52M | 133.31M | -24.32M | -11.1M | -39.65M | -24.94M | -42.96M | -43.68M |
| Gross Margin % | -7.87% | 100% | 80.51% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 64.44% | 35.52% | 83.17% | -181.91% | -40.96% | -756.08% | -430.43% | -1762.86% | -2182.81% |
| Gross Profit Growth % | -100.16% | -85.33% | -64.42% | -46.69% | -9.87% | -16.26% | -10.51% | 578.31% | 14.31% | -81.19% | 278.36% | 161.09% | 171.92% | 634.55% | 43.39% | 74.6% | 17.27% | -23.78% | -1941.45% | -1981.05% |
| Operating Expenses | 29.73M | 34.39M | 30.32M | 36.13M | 46.21M | 54.39M | 49.55M | 67.1M | 63.01M | 43.35M | 62.69M | 62.15M | 13.76M | 11.86M | 12.49M | 10.99M | 10.73M | 12.71M | 10.86M | 10.04M |
| OpEx % of Revenue | 4874.1% | 1116.13% | 176.79% | 147.39% | 157.27% | 259.02% | 127.66% | 145.95% | 193.29% | 172.86% | 144.53% | 590.85% | 17.14% | 7.4% | 93.41% | 40.58% | 204.61% | 219.3% | 445.63% | 501.85% |
| Selling, General & Admin | 8.81M | 14.03M | 10.4M | 10.34M | 11.31M | 12.38M | 13.28M | 12.32M | 14.85M | 12.51M | 13.38M | 13.22M | 13.76M | 11.86M | 12.49M | 10.99M | 10.73M | 12.71M | 10.86M | 10.04M |
| SG&A % of Revenue | 1443.77% | 455.27% | 60.63% | 42.18% | 38.51% | 58.95% | 34.2% | 26.79% | 45.56% | 49.87% | 30.84% | 125.72% | 17.14% | 7.4% | 93.41% | 40.58% | 204.61% | 219.3% | 445.63% | 501.85% |
| Research & Development | 20.93M | 24.48M | 23.27M | 29.58M | 34.89M | 43.78M | 39.13M | 58.67M | 53.57M | 36.62M | 51.08M | 52.67M | 51.77M | 26.98M | 37.69M | 38.19M | 44.89M | 32.63M | 45.4M | 45.68M |
| R&D % of Revenue | 3430.33% | 794.42% | 135.65% | 120.68% | 118.76% | 208.48% | 100.82% | 127.61% | 164.34% | 146.02% | 117.75% | 500.69% | 64.48% | 16.83% | 281.91% | 140.96% | 856.08% | 563.22% | 1862.86% | 2282.81% |
| Other Operating Expenses | 0 | -1000K | -1000K | -1000K | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | -29.78M | -31.31M | -16.51M | -11.62M | -16.83M | -33.39M | -10.74M | -21.13M | -30.41M | -18.27M | -19.31M | -55.37M | 14.76M | 121.45M | -36.81M | -22.09M | -50.38M | -37.65M | -53.82M | -53.72M |
| Operating Margin % | -4881.97% | -1016.13% | -96.27% | -47.39% | -57.27% | -159.02% | -27.66% | -45.95% | -93.29% | -72.86% | -44.53% | -526.42% | 18.38% | 75.77% | -275.32% | -81.53% | -960.7% | -649.72% | -2208.49% | -2684.66% |
| Operating Income Growth % | -76.99% | 6.25% | -53.79% | 45.02% | 44.67% | -82.76% | 44.41% | 61.85% | -306.11% | -115.04% | 47.53% | -150.69% | 129.29% | 422.62% | 31.61% | 58.88% | 12.64% | -21.12% | -157.05% | -434.95% |
| EBITDA | -29.12M | -30.63M | -15.75M | -10.84M | -16.02M | -32.58M | -9.82M | -20.22M | -29.51M | -17.46M | -18.49M | -54.64M | 15.33M | 122M | -36.39M | -21.75M | -50.16M | -37.34M | -53.53M | -53.43M |
| EBITDA Margin % | -4774.1% | -994% | -91.83% | -44.21% | -54.54% | -155.12% | -25.31% | -43.97% | -90.52% | -69.61% | -42.62% | -519.41% | 19.1% | 76.11% | -272.2% | -80.29% | -956.43% | -644.37% | -2196.64% | -2670.31% |
| EBITDA Growth % | -81.73% | 5.99% | -60.3% | 46.4% | 45.69% | -86.6% | 46.85% | 63% | -292.45% | -114.31% | 49.2% | -151.16% | 130.57% | 426.78% | 32.02% | 59.29% | 12.56% | -21.17% | -158.37% | -443.57% |
| D&A (Non-Cash Add-back) | 658K | 682K | 763K | 779K | 801K | 819K | 912K | 909K | 904K | 815K | 827K | 737K | 578K | 551K | 417K | 335K | 224K | 310K | 289K | 287K |
| EBIT | -29.78M | -20.82M | -13.45M | -11.62M | -16.83M | -30.01M | -7.12M | -21.13M | -30.41M | -11.44M | -19.31M | -55.37M | 14.76M | 121.45M | -36.81M | -22.09M | -50.38M | -37.65M | -53.82M | -53.72M |
| Net Interest Income | 1.93M | 1.53M | 3.23M | 2.57M | 2.77M | 3.21M | 7.64M | 4.15M | 4.02M | 6.88M | 3.98M | 3.25M | 2.48M | 1.02M | -321K | -560K | -564K | -524K | -519K | -520K |
| Interest Income | 1.93M | 1.53M | 3.23M | 2.57M | 2.77M | 3.21M | 7.64M | 4.15M | 4.02M | 6.89M | 4M | 3.25M | 3.22M | 1.81M | 444K | 168K | 154K | 184K | 192K | 190K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4K | 20K | 0 | 743K | 790K | 765K | 728K | 718K | 708K | 711K | 710K |
| Other Income/Expense | 2.82M | 2.22M | 3.06M | 2.44M | 2.75M | 3.38M | 3.62M | 3.76M | 3.96M | 6.83M | 3.98M | 3.4M | 36.1M | -2.81M | 1.54M | 526K | -790K | -1.02M | -263K | -861K |
| Pretax Income | -26.96M | -29.08M | -13.45M | -9.18M | -14.08M | -30.01M | -7.12M | -17.37M | -26.45M | -11.45M | -15.33M | -51.97M | 50.86M | 118.64M | -35.27M | -21.56M | -51.17M | -38.66M | -54.08M | -54.58M |
| Pretax Margin % | -4420.33% | -943.95% | -78.41% | -37.44% | -47.91% | -142.9% | -18.34% | -37.77% | -81.14% | -45.64% | -35.34% | -494.09% | 63.35% | 74.02% | -263.79% | -79.59% | -975.76% | -667.29% | -2219.29% | -2727.69% |
| Income Tax | 0 | -4K | 0 | 4K | 0 | -4K | -217K | -150K | 368K | 262K | 893K | 577K | 103K | 1.29M | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0.01% | 0% | -0.04% | 0% | 0.01% | 3.05% | 0.86% | -1.39% | -2.29% | -5.83% | -1.11% | 0.2% | 1.09% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -26.96M | -29.08M | -13.45M | -9.18M | -14.08M | -30M | -6.9M | -17.22M | -26.82M | -11.71M | -16.22M | -52.55M | 50.75M | 117.35M | -35.27M | -21.56M | -51.17M | -38.66M | -54.08M | -54.58M |
| Net Margin % | -4420.33% | -943.82% | -78.41% | -37.45% | -47.91% | -142.88% | -17.78% | -37.45% | -82.27% | -46.68% | -37.4% | -499.57% | 63.22% | 73.21% | -263.79% | -79.59% | -975.76% | -667.29% | -2219.29% | -2727.69% |
| Net Income Growth % | -91.56% | 3.09% | -94.81% | 46.68% | 47.51% | -156.3% | 57.45% | 67.24% | -152.84% | -109.98% | 54% | -143.7% | 199.19% | 403.51% | 34.79% | 60.49% | 9.19% | -24.3% | -157.49% | -431.82% |
| Net Income (Continuing) | -26.96M | -29.08M | -13.45M | -9.18M | -14.08M | -30M | -6.9M | -17.22M | -26.82M | -11.71M | -16.22M | -52.55M | 50.75M | 117.35M | -35.27M | -21.56M | -51.17M | -38.66M | -54.08M | -54.58M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.95 | -1.05 | -0.49 | -0.34 | -0.52 | -1.11 | -0.26 | -0.64 | -1.00 | -0.32 | -0.61 | -1.98 | 1.87 | 4.33 | -1.30 | -0.82 | -1.97 | -1.47 | -2.05 | -2.07 |
| EPS Growth % | -82.69% | 5.41% | -88.46% | 46.88% | 48% | -246.88% | 57.38% | 67.68% | -153.48% | -107.39% | 53.08% | -141.46% | 194.92% | 394.56% | 36.59% | 60.39% | 8.37% | -23.53% | -122.83% | -276.36% |
| EPS (Basic) | -0.95 | -1.05 | -0.49 | -0.34 | -0.52 | -1.11 | -0.26 | -0.64 | -1.00 | -0.32 | -0.61 | -1.98 | 1.91 | 4.43 | -1.30 | -0.82 | -1.97 | -1.47 | -2.05 | -2.07 |
| Diluted Shares Outstanding | 28.42M | 27.39M | 27.19M | 27.13M | 27.11M | 27M | 27.06M | 26.97M | 26.88M | 26.63M | 26.57M | 26.56M | 27.15M | 27.08M | 26.47M | 26.43M | 26.38M | 26.36M | 26.34M | 26.32M |
| Basic Shares Outstanding | 28.42M | 27.39M | 27.19M | 27.13M | 27.11M | 27M | 27.06M | 26.97M | 26.88M | 26.63M | 26.57M | 26.56M | 26.55M | 26.51M | 26.47M | 26.43M | 26.38M | 26.35M | 26.34M | 26.32M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |