Arcutis Biotherapeutics (ARQT) Short-term Investments (2018 - 2026)
Arcutis Biotherapeutics (ARQT) recorded Short-term Investments of $204.43 million in Q2 2026, up 73.1% from $118.08 million a year earlier and up 8.0% from the prior quarter.
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Analysis
Arcutis Biotherapeutics (ARQT) Short-term Investments (2018 - 2026) Analysis & Trends
At the end of FY2025, Arcutis Biotherapeutics reported Short-term Investments of $178.08 million, up 13.7% from FY2024.
- Annual Short-term Investments has a five-year compound annual growth rate of -4.1% (FY2020 to FY2025).
- Across earlier years, Short-term Investments came in at $156.62 million in FY2024 (-14.6%), $183.46 million in FY2023 (-48.5%), $355.95 million in FY2022 (+22.5%) and $290.61 million in FY2021 (+32.5%).
- The Q2 2026 figure is the highest quarterly Short-term Investments since Q2 2024.
- On a year-over-year basis, Short-term Investments has increased for three consecutive quarters, with growth averaging 6.3% over the last eight quarters.
- Peak year-over-year performance for Short-term Investments in the last five years was growth of 119.1% in Q3 2021, against a decline of 69.7% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $189.24 million (Q1 2026), $178.08 million (Q4 2025) and $143.95 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn |
| 10 | Arcutis Biotherapeutics | 3.45 Bn | 2.51 Bn | 131.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 226.09 Mn |
| Jun 30, 2026 | 204.43 Mn |
| Mar 31, 2026 | 189.24 Mn |
| Dec 31, 2025 | 178.08 Mn |
| Sep 30, 2025 | 143.95 Mn |
| Jun 30, 2025 | 118.08 Mn |
| Mar 31, 2025 | 144.98 Mn |
| Dec 31, 2024 | 156.62 Mn |
| Sep 30, 2024 | 195.71 Mn |
| Jun 30, 2024 | 278.17 Mn |
| Mar 31, 2024 | 213.77 Mn |
| Dec 31, 2023 | 183.46 Mn |
| Sep 30, 2023 | 119.64 Mn |
| Jun 30, 2023 | 163.56 Mn |
| Mar 31, 2023 | 251.00 Mn |
| Dec 31, 2022 | 355.95 Mn |
| Sep 30, 2022 | 395.42 Mn |
| Jun 30, 2022 | 220.66 Mn |
| Mar 31, 2022 | 273.81 Mn |
| Dec 31, 2021 | 290.61 Mn |
API Access
Arcutis Biotherapeutics Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=ARQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "ARQT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=ARQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();