ARWR
Arrowhead Pharmaceuticals Inc
NASDAQ: ARWR · HEALTHCARE · BIOTECHNOLOGY
$73.48
+4.18% today
Updated 2026-04-30
Market cap
$9.88B
P/E ratio
44.08
P/S ratio
9.05x
EPS (TTM)
$1.60
Dividend yield
—
52W range
$12 – $77
Volume
2.2M
Arrowhead Pharmaceuticals Inc (ARWR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $595458.00 | $1.21M | $1.30M | $3.76M | $620097.00 | $296139.00 | $146875.00 | $290266.00 | $175000.00 | $382000.00 | $158333.00 | $31.41M | $16.14M | $168.80M | $87.99M | $138.29M | $243.23M | $240.74M | $3.55M | $829.45M |
| Revenue growth (YoY) | — | +102.9% | +7.9% | +188.4% | -83.5% | -52.2% | -50.4% | +97.6% | -39.7% | +118.3% | -58.6% | +19736.5% | -48.6% | +945.7% | -47.9% | +57.2% | +75.9% | -1.0% | -98.5% | +23258.2% |
| Cost of revenue | $7.36M | $11.78M | $14.85M | $9.03M | $4.95M | $267977.00 | $1.75M | $20.40M | $47.56M | $81.98M | $82.45M | $63.71M | $67.38M | — | — | — | $10.42M | $12.49M | $18.59M | $23.93M |
| Gross profit | $-6.76M | $-10.57M | $-13.55M | $-5.26M | $-4.33M | $28162.00 | $-1.60M | $290266.00 | $175000.00 | $382000.00 | $158333.00 | $31.41M | $16.14M | $168.80M | $87.99M | $138.29M | $243.23M | $228.24M | $-15.04M | $805.52M |
| Gross margin | -1135.7% | -874.8% | -1039.8% | -139.9% | -698.7% | 9.5% | -1090.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 94.8% | -423.7% | 97.1% |
| R&D | $8.58M | $10.94M | $8.31M | $6.21M | $857409.00 | $3.28M | $5.39M | $8.71M | $23.14M | $47.27M | $41.45M | $46.25M | $48.30M | $76.63M | $123.54M | $198.98M | $297.31M | $342.31M | $489.22M | $585.26M |
| SG&A | $5.03B | $4.39B | $6.85B | $14.04M | $8.00M | $6.58M | $14.10M | $11.69M | $24.42M | $34.72M | $23.59M | $17.50M | $19.11M | $26.56M | $52.28M | $80.98M | $124.43M | $90.93M | $96.82M | $123.94M |
| Operating income | $-20.48M | $-37.95M | $-35.00M | $-19.56M | $-8.80M | $-9.83M | $-21.09M | $-24.59M | $-53.28M | $-95.97M | $-81.74M | $-37.00M | $-55.94M | $61.19M | $-93.16M | $-149.04M | $-178.51M | $-205.00M | $-601.08M | $98.35M |
| Operating margin | -3439.9% | -3141.4% | -2685.9% | -520.5% | -1419.5% | -3319.5% | -14358.6% | -8471.3% | -30443.6% | -25124.1% | -51627.1% | -117.8% | -346.5% | 36.3% | -105.9% | -107.8% | -73.4% | -85.2% | -16927.1% | 11.9% |
| EBITDA | $-19.60M | $-36.95M | $-33.87M | $-18.57M | $-9.83M | $-9.56M | $-19.34M | $-21.53M | $-49.76M | $-93.64M | $-76.43M | $-32.31M | $-51.24M | $65.63M | $-87.22M | $-132.58M | $-168.09M | $-175.67M | $-561.51M | $164.82M |
| EBITDA margin | -3291.0% | -3058.3% | -2598.9% | -494.0% | -1585.7% | -3229.0% | -13167.8% | -7417.3% | -28433.3% | -24512.5% | -48272.9% | -102.9% | -317.4% | 38.9% | -99.1% | -95.9% | -69.1% | -73.0% | -15812.8% | 19.9% |
| EBIT | $-20.48M | $-37.95M | $-35.00M | $-19.56M | $-10.49M | $-9.83M | $-21.09M | $-23.28M | $-51.10M | $-95.97M | $-79.69M | $-37.00M | $-55.94M | $61.19M | $-93.16M | $-140.85M | $-178.51M | $-188.16M | $-580.11M | $140.89M |
| Interest expense | $0.00 | $0.00 | $0.00 | $150891.00 | $48.02M | $86.53M | $35.97M | $97910.00 | $645.49M | $729.16M | $265.79M | $415.13M | $1.05B | $6.96B | $9.19B | $6.12M | $5.03M | $18.33M | $32.35M | $89.36M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-19.00M | $-29.93M | $-27.09M | $-19.31M | $-5.77M | $-3.13M | $-21.13M | $-31.14M | $-58.63M | $-91.94M | $-81.72M | $-34.38M | $-54.45M | $67.97M | $-84.55M | $-140.85M | $-176.49M | $-205.28M | $-599.49M | $-1.63M |
| Net income growth (YoY) | — | -57.6% | +9.5% | +28.7% | +70.1% | +45.8% | -575.2% | -47.4% | -88.3% | -56.8% | +11.1% | +57.9% | -58.4% | +224.8% | -224.4% | -66.6% | -25.3% | -16.3% | -192.0% | +99.7% |
| Profit margin | -3190.4% | -2477.7% | -2078.7% | -513.8% | -931.2% | -1056.6% | -14383.6% | -10729.2% | -33503.0% | -24068.3% | -51614.6% | -109.5% | -337.3% | 40.3% | -96.1% | -101.9% | -72.6% | -85.3% | -16882.4% | -0.2% |