Arcus Biosciences (RCUS) Operating Income (2017 - 2026)

Arcus Biosciences' (RCUS) quarterly Operating Income came in at -$134.0 million in Q1 2026, down 9.84% year-on-year from -$148.6 million in Q1 2025, and down 17.54% quarter-over-quarter from -$114.0 million in Q4 2025.

Arcus Biosciences (RCUS) Operating Income (2017 - 2026) Analysis & Trends

Arcus Biosciences' Operating Income history runs 10 years deep, the most recent figure standing at -$134.0 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 9.84% year-over-year to -$134.0 million in Q1 2026; TTM through Mar 2026 was -$398.0 million, a 8.72% increase from a year earlier, with the FY2025 full-year figure at -$386.0 million, down 16.97% from the prior year.
  • Operating Income eased to -$134.0 million in Q1 2026 per RCUS's latest filing, from -$114.0 million in the prior quarter.
  • Across five years, Operating Income topped out at -$8.0 million in Q2 2025 and bottomed at -$142.0 million in Q3 2025.
  • The 5-year median for Operating Income is -$86.0 million (2023), against an average of -$86.5 million.
  • Biggest YoY gain for Operating Income was 92.45% in 2025; the steepest drop was 662.5% in 2025.
  • Year by year, Operating Income stood at -$74.0 million in 2022, then slipped by 22.97% to -$91.0 million in 2023, then dropped by 13.19% to -$103.0 million in 2024, then declined by 10.68% to -$114.0 million in 2025, then slipped by 17.54% to -$134.0 million in 2026.
  • Per Business Quant, the three latest RCUS Operating Income figures stand at -$134.0 million (Q1 2026), -$114.0 million (Q4 2025), and -$142.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -27.75 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 249.90 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.72 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 493.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -445.22 Mn
10 Arcus Biosciences 3.73 Bn 2.90 Bn - -134.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -134.00 Mn
Dec 31, 2025 -114.00 Mn
Sep 30, 2025 -142.00 Mn
Jun 30, 2025 -8.00 Mn
Mar 31, 2025 -122.00 Mn
Dec 31, 2024 -103.00 Mn
Sep 30, 2024 -105.00 Mn
Jun 30, 2024 -106.00 Mn
Mar 31, 2024 -16.00 Mn
Dec 31, 2023 -91.00 Mn
Sep 30, 2023 -80.00 Mn
Jun 30, 2023 -83.00 Mn
Mar 31, 2023 -86.00 Mn
Dec 31, 2022 -74.00 Mn
Sep 30, 2022 -70.00 Mn
Jun 30, 2022 -69.00 Mn
Mar 31, 2022 -67.00 Mn
Dec 31, 2021 281.02 Mn
Sep 30, 2021 -78.14 Mn
Jun 30, 2021 -76.14 Mn