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Arcus Biosciences, Inc. (RCUS) Stock Fundamental Analysis & AI Rating 2026

RCUS NYSE Pharmaceutical Preparations DE CIK: 0001724521
Recently Updated • Analysis: Apr 15, 2026 • SEC Data: 2025-12-31
SELL
78% Conf
Pending
Analysis scheduled

📊 RCUS Key Takeaways

Revenue: $247.0M
Net Margin: -142.9%
Free Cash Flow: $-484.0M
Current Ratio: 4.36x
Debt/Equity: 0.16x
EPS: $-3.29
AI Rating: SELL with 78% confidence
Arcus Biosciences, Inc. (RCUS) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $247.0M, net profit margin of -142.9%, and return on equity (ROE) of -55.9%, Arcus Biosciences, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete RCUS stock analysis for 2026.

Is Arcus Biosciences, Inc. (RCUS) a Good Investment?

Claude

Arcus Biosciences exhibits exceptional 648.5% revenue growth indicating strong product adoption, but severe operational losses (-$386M) and negative operating cash flow (-$482M) create unsustainable cash burn. While the balance sheet provides near-term runway with $222M cash and low leverage, the company must achieve profitability or secure additional financing quickly as burn rate suggests limited viability without significant operational improvement.

Why Buy Arcus Biosciences, Inc. Stock? RCUS Key Strengths

Claude
  • + Exceptional revenue growth of 648.5% YoY signals strong commercial product momentum
  • + Excellent liquidity position with 4.36x current ratio and $222M cash reserves provides financial flexibility
  • + Low leverage (0.16x Debt/Equity) and moderate long-term debt ($99M) limits financial risk

RCUS Stock Risks: Arcus Biosciences, Inc. Investment Risks

Claude
  • ! Severe operating cash flow burn of -$482M annually with negative FCF margin of -196%, indicating unsustainable cash consumption
  • ! Large operating losses (-$386M) and net losses (-$353M) despite strong revenue growth, signaling fundamental profitability challenges
  • ! Cash runway concerns: at current burn rate (~$482M annually), existing cash ($222M) covers less than 6 months of operations without profitability improvement

Key Metrics to Watch

Claude
  • * Gross margin trends and absolute gross profit dollars as revenue scales
  • * Operating cash flow trajectory and time to cash flow breakeven
  • * Cash balance and quarterly burn rate changes to assess runway adequacy

Arcus Biosciences, Inc. (RCUS) Financial Metrics & Key Ratios

Revenue
$247.0M
Net Income
$-353.0M
EPS (Diluted)
$-3.29
Free Cash Flow
$-484.0M
Total Assets
$1.1B
Cash Position
$222.0M

💡 AI Analyst Insight

Strong liquidity with a 4.36x current ratio provides a solid financial cushion.

RCUS Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -156.3%
Net Margin -142.9%
ROE -55.9%
ROA -31.0%
FCF Margin -196.0%

RCUS vs Healthcare Sector: How Arcus Biosciences, Inc. Compares

How Arcus Biosciences, Inc. compares to Healthcare sector averages

Net Margin
RCUS -142.9%
vs
Sector Avg 12.0%
RCUS Sector
ROE
RCUS -55.9%
vs
Sector Avg 15.0%
RCUS Sector
Current Ratio
RCUS 4.4x
vs
Sector Avg 2.0x
RCUS Sector
Debt/Equity
RCUS 0.2x
vs
Sector Avg 0.6x
RCUS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Arcus Biosciences, Inc. Stock Overvalued? RCUS Valuation Analysis 2026

Based on fundamental analysis, Arcus Biosciences, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-55.9%
Sector avg: 15%
Net Profit Margin
-142.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.16x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Arcus Biosciences, Inc. Balance Sheet: RCUS Debt, Cash & Liquidity

Current Ratio
4.36x
Quick Ratio
4.36x
Debt/Equity
0.16x
Debt/Assets
61.0%
Interest Coverage
-42.89x
Long-term Debt
$99.0M

RCUS Revenue & Earnings Growth: 5-Year Financial Trend

RCUS 5-year financial data: Year 2021: Revenue $382.9M, Net Income -$84.7M, EPS $-1.93. Year 2022: Revenue $383.0M, Net Income -$123.0M, EPS $-2.24. Year 2023: Revenue $383.0M, Net Income $53.0M, EPS $0.71. Year 2024: Revenue $51.0M, Net Income -$267.0M, EPS $-3.71. Year 2025: Revenue $51.0M, Net Income -$307.0M, EPS $-4.15.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Arcus Biosciences, Inc.'s revenue has declined by 87% over the 5-year period, indicating business contraction. The most recent EPS of $-4.15 indicates the company is currently unprofitable.

RCUS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-196.0%
Free cash flow / Revenue

RCUS Quarterly Earnings & Performance

Quarterly financial performance data for Arcus Biosciences, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $6.0M N/A $-1.00
Q2 2025 $8.0M N/A $0.00
Q1 2025 $8.0M -$4.0M $-0.05
Q3 2024 $32.0M -$4.0M $-0.94
Q2 2024 $29.0M -$4.0M $-1.02
Q1 2024 $25.0M -$4.0M $-0.05
Q3 2023 $32.0M -$65.0M N/A
Q2 2023 $27.0M -$67.0M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Arcus Biosciences, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$482.0M
Cash generated from operations
Stock Buybacks
$94.0K
Shares repurchased (TTM)
Capital Expenditures
$2.0M
Investment in assets
Dividends
None
No dividend program

RCUS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Arcus Biosciences, Inc. (CIK: 0001724521)

📋 Recent SEC Filings

Date Form Document Action
Mar 23, 2026 8-K rcus-20260317.htm View →
Feb 25, 2026 10-K rcus-20251231.htm View →
Feb 25, 2026 8-K rcus-20260225.htm View →
Jan 26, 2026 4 xslF345X05/wk-form4_1769476911.xml View →
Jan 26, 2026 4 xslF345X05/wk-form4_1769476905.xml View →

Frequently Asked Questions about RCUS

What is the AI rating for RCUS?

Arcus Biosciences, Inc. (RCUS) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are RCUS's key strengths?

Claude: Exceptional revenue growth of 648.5% YoY signals strong commercial product momentum. Excellent liquidity position with 4.36x current ratio and $222M cash reserves provides financial flexibility.

What are the risks of investing in RCUS?

Claude: Severe operating cash flow burn of -$482M annually with negative FCF margin of -196%, indicating unsustainable cash consumption. Large operating losses (-$386M) and net losses (-$353M) despite strong revenue growth, signaling fundamental profitability challenges.

What is RCUS's revenue and growth?

Arcus Biosciences, Inc. reported revenue of $247.0M.

Does RCUS pay dividends?

Arcus Biosciences, Inc. does not currently pay dividends.

Where can I find RCUS SEC filings?

Official SEC filings for Arcus Biosciences, Inc. (CIK: 0001724521) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is RCUS's EPS?

Arcus Biosciences, Inc. has a diluted EPS of $-3.29.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is RCUS a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Arcus Biosciences, Inc. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is RCUS stock overvalued or undervalued?

Valuation metrics for RCUS: ROE of -55.9% (sector avg: 15%), net margin of -142.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy RCUS stock in 2026?

Our dual AI analysis gives Arcus Biosciences, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is RCUS's free cash flow?

Arcus Biosciences, Inc.'s operating cash flow is $-482.0M, with capital expenditures of $2.0M. FCF margin is -196.0%.

How does RCUS compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -142.9% (avg: 12%), ROE -55.9% (avg: 15%), current ratio 4.36 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 15, 2026 | Data as of: 2025-12-31 | Powered by Claude AI