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MARKETS / NASDAQ / ARWR
NASDAQ · PHARMACEUTICAL PREPARATIONS · LARGE CAP

Arrowhead Pharmaceuticals, Inc. ARWR

19 fiscal years on record · USD · FY2025 reported · SEC filings only
$829.4M
▲ 23258.2% YoY
$-1.6M
$156.9M
In brief

What this company does

Arrowhead develops medicines that treat intractable diseases by silencing the genes that cause them. Its first commercial product, REDEMPLO (plozasiran), is approved by the U.S. Food and Drug Administration as an adjunct to diet to reduce triglycerides in adults with Familial Chylomicronemia Syndrome. Eighteen Arrowhead-discovered drug candidates are in clinical trials, ranging from early stage to late stage. As of September 30, 2025, it employed 711 full-time employees based at four facilities in the United States. Its TRiM platform uses ligand-mediated delivery and is designed to enable tissue-specific targeting. It has entered into license and collaboration agreements with companies including Sarepta Therapeutics, Inc., Amgen Inc., Takeda Pharmaceutical Company Limited and Novartis Pharma AG, for programs it does not commercialize independently. The company operates research laboratory facilities in San Diego, California, and Madison, Wisconsin, where its pre-clinical research and development takes place. It manufactures drug substance under current Good Manufacturing Practices at a manufacturing and laboratory facility in Verona, Wisconsin.

Written from the business description in ARROWHEAD PHARMACEUTICALS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 25 November 2025. Every sentence was checked against that document before publication.

Growth
USD 829.4M
Revenue, FY2025 · full 19-year series below
Revenue $M Net income $M
FY2025 · Revenue 829.4 · Net income -1.6
400M800M-200M-400M2007201020132016201920222025
Compound annual growth
+50.5%
+56.6%
+115.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +56.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
4 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 11.9% · Net 3.6%
-20000%-40000%2007201020132016201920222025
ROE
FY2025 · ROE -0.5%
10%20%30%-100%-200%2007201020132016201920222025

Each USD of equity lost 1 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 156.9
80.0M160.0M-250.0M-500.0M2007201020132016201920222025

Total assetsUSD 1.4B
EquityUSD 466.1M
CashUSD 226.5M
Current ratio4.86×

Equity funds 34% of total assets.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B0.80.00.20.20.10.10.20.00.00.00.00.00.00.00.0····
Operating income $B0.1−0.6−0.2−0.2−0.1−0.10.1−0.1−0.0−0.1−0.1−0.1−0.0−0.0−0.0−0.0···
EBITDA $B0.1−0.6−0.2−0.2−0.1−0.10.1−0.1−0.0−0.1·−0.1−0.0−0.0−0.0−0.0···
Income tax $B0.0−0.00.00.00.00.00.00.00.00.00.00.0·······
Net income $B−0.0−0.6−0.2−0.2−0.1−0.10.1−0.1−0.0−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B0.2−0.6−0.3−0.20.1−0.10.2−0.0−0.0−0.1−0.1−0.0−0.0−0.0−0.0····
EPS, diluted $−0.01−5.00−1.92−1.67−1.36−0.840.69−0.65−0.47−1.34−1.60−1.25−1.30−1.90−0.40−0.90···
Dividend / sh $···················
Payout %···················
ROE %−0.5−262.5−61.3−43.6−32.4−23.939.9−61.5−38.8−79.4−66.5−60.4−166.0−185.3−28.7−63.8···
Shares out B0.140.120.110.110.100.100.100.090.070.070.060.050.030.010.010.01···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 67 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 9 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsSeptember 30
Data on record since2007

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