10-Q quarterly report · filed Oct 28, 2025

Arcus Biosciences, Inc. (RCUS) Q3 2025 10-Q Quarterly Report

Short answer

Arcus Biosciences, Inc. (RCUS) filed its Q3 2025 10-Q quarterly report on Oct 28, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $6M (down 87.5% year over year) with net income of −$135M.

Q3 2025 key financials · XBRL

Revenue
$6M
−87.5% YoY · −25.0% QoQ
Net income
−$135M
−46.7% YoY
Operating margin
-2366.7%
EPS (diluted)
−$1.30
−27.5% YoY · −2700.0% QoQ

Source: XBRL data from the Arcus Biosciences, Inc. (RCUS) Q3 2025 10-Q on SEC EDGAR. USD.

Arcus Biosciences, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk: Paused etrumadenant development in third-line metastatic colorectal cancer to focus resources on late-stage clinical portfolio and research programs
  • Most updated risk: Cash $841M through pivotal readouts based on prioritization; risk of needing more capital could restrict R&D or cause dilution
  • Regulatory risk: FDA may require additional studies to prove contribution of combination therapy components, delaying marketing approval
  • Operational risk: Enrollment delays from competing trials and geopolitical instability could significantly increase costs or delay clinical trial completion
  • Financial risk: Accumulated deficit $1.4B and net loss $247M for nine months 2025 highlight ongoing high cash burn and capital intensity

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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