Arcus Biosciences Inc (RCUS)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 112,000 116,000 100,000 92,000 -5,000 -19 5,568 5,491 5,065 331,027 316,558 315,981 323,958 3,502 63,737 53,709 47,058 47,321 -12,840 -8,119
Revenue (ttm) US$ in thousands 258,000 263,000 247,000 237,000 117,000 119,355 121,236 118,995 112,000 433,144 408,724 399,137 398,304 53,292 108,361 92,939 77,517 77,780 15,000 15,000
Gross profit margin 43.41% 44.11% 40.49% 38.82% -4.27% -0.02% 4.59% 4.61% 4.52% 76.42% 77.45% 79.17% 81.33% 6.57% 58.82% 57.79% 60.71% 60.84% -85.60% -54.13%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $112,000K ÷ $258,000K
= 43.41%

The gross profit margin of Arcus Biosciences Inc has shown significant fluctuations over the period analyzed. Starting from negative margins in early 2020, the company gradually improved its gross profit margin to reach a peak of over 80% in late 2021. However, the margin declined sharply by the end of 2022 and continued to fluctuate around low single digits until mid-2023 when it briefly turned negative. Subsequently, the gross profit margin saw a notable rebound, reaching above 40% by the end of 2024. Overall, the company experienced a mix of challenges and improvements in its ability to generate profits from its core operations over the period under consideration.