Arcus Biosciences, Inc.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
RCUS$18.67-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenues: | ||||
| License and development services (Includes $8, $152, $18 and $172 from a related party) | $16 | $152 | $28 | $172 |
| Other collaboration(Includes $25, $8, $30 and $16 from a related party) | 25 | 8 | 30 | 16 |
| Total revenues | 41 | 160 | 58 | 188 |
| Operating expenses: | ||||
| Research and development (Includes $2, $11, $2 and $6 from a related party) | 113 | 139 | 235 | 261 |
| General and administrative(Includes $—, $2, $— and $2 from a related party) | 24 | 29 | 53 | 57 |
| Total operating expenses | 137 | 168 | 288 | 318 |
| Loss from operations | (96) | (8) | (230) | (130) |
| Non-operating income (expense): | ||||
| Interest and other income, net | 8 | 10 | 17 | 21 |
| Interest expense | (3) | (2) | (6) | (3) |
| Total non-operating income, net | 5 | 8 | 11 | 18 |
| Income (loss) before income taxes | (91) | — | (219) | (112) |
| Income tax expense | — | — | — | — |
| Net income (loss) | $(91) | $— | $(219) | $(112) |
| Net income (loss) per share: | ||||
| Basic | $(0.72) | $— | $(1.74) | $(1.09) |
| Diluted | $(0.72) | $— | $(1.74) | $(1.09) |
| Shares used to compute net income (loss) per share: | ||||
| Basic | 126.1 | 106.1 | 125.7 | 102.3 |
| Diluted | 126.1 | 106.5 | 125.7 | 102.3 |
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