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Arrowhead Pharmaceuticals Reports Fiscal 2026 Second Quarter Results

$ARWRPress releaseMay 7, 2026, 4:01 PM ETRead the release

Arrowhead reported Q2 revenue of $73.7 million, down from the prior year, but significantly strengthened its balance sheet with total cash resources of approximately $1.78 billion following recent financings. Deferred revenue increased substantially to $157.2 million, indicating strong future revenue recognition potential despite the current period's reported figures. Commercially, REDEMPLO prescriptions grew 40% over the last four weeks to exceed 400 total, and the U.S. wholesale acquisition cost was raised to a premium $45,000 per patient.

Key figures

Revenue
73737000
Wac price
$45,000
Cash resources
1784091000
Deferred revenue
157158000
Madrigal upfront
25000000
Offering proceeds
930000000
Madrigal milestones
975000000
Total prescriptions
>400
Prescription growth 4w
40%
Obesity combo weight loss
-9.4%

AI analysis

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