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Arcutis Biotherapeutics (ARQT) operating margin by quarter

Arcutis Biotherapeutics' operating margin was 6.6% in Q3 2026 (third quarter 2026), -6.1 pts from Q2 2026. Over the last 4 quarters it ranged from 6.6% (Q3 2026) to 14.2% (Q4 2025).

Arcutis Biotherapeutics operating margin by quarterArcutis Biotherapeutics operating margin by quarter8.6%Q3 202514.2%Q4 202512.7%Q2 20266.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20266.6%-6.1 pts-2.0 pts
Q2 202612.7%-1.5 pts—
Q4 202514.2%+5.6 pts—
Q3 20258.6%——

Q3 2026 at a glance

Arcutis Biotherapeutics, Q3 2026: revenue $144M (+45% year over year), operating margin 6.6%, net earnings $8.8M, operating cash flow $18.9M. The chart follows the revenue to costs, profit and cash.

Questions

What is Arcutis Biotherapeutics' operating margin?

Arcutis Biotherapeutics' operating margin was 6.6% in Q3 2026 (third quarter 2026), -6.1 pts from Q2 2026.

How has Arcutis Biotherapeutics' operating margin changed?

Over the last 4 quarters it ranged from 6.6% (Q3 2026) to 14.2% (Q4 2025).

Q3 2026 results → · How Arcutis Biotherapeutics makes money →