vs

Side-by-side financial comparison of Arcutis Biotherapeutics, Inc. (ARQT) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

Ranger Energy Services, Inc. is the larger business by last-quarter revenue ($142.2M vs $129.5M, roughly 1.1× Arcutis Biotherapeutics, Inc.). Arcutis Biotherapeutics, Inc. runs the higher net margin — 13.4% vs 2.3%, a 11.2% gap on every dollar of revenue. On growth, Arcutis Biotherapeutics, Inc. posted the faster year-over-year revenue change (81.5% vs -0.6%). Over the past eight quarters, Arcutis Biotherapeutics, Inc.'s revenue compounded faster (61.6% CAGR vs 1.9%).

Arcutis Biotherapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative prescription therapies for immune-mediated dermatological diseases. Its core product portfolio targets conditions including psoriasis, atopic dermatitis, and alopecia areata, primarily serving patients and healthcare providers across the United States, addressing unmet needs in the dermatology care segment.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

ARQT vs RNGR — Head-to-Head

Bigger by revenue
RNGR
RNGR
1.1× larger
RNGR
$142.2M
$129.5M
ARQT
Growing faster (revenue YoY)
ARQT
ARQT
+82.1% gap
ARQT
81.5%
-0.6%
RNGR
Higher net margin
ARQT
ARQT
11.2% more per $
ARQT
13.4%
2.3%
RNGR
Faster 2-yr revenue CAGR
ARQT
ARQT
Annualised
ARQT
61.6%
1.9%
RNGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARQT
ARQT
RNGR
RNGR
Revenue
$129.5M
$142.2M
Net Profit
$17.4M
$3.2M
Gross Margin
91.0%
Operating Margin
14.2%
2.3%
Net Margin
13.4%
2.3%
Revenue YoY
81.5%
-0.6%
Net Profit YoY
261.2%
-44.8%
EPS (diluted)
$0.14
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARQT
ARQT
RNGR
RNGR
Q4 25
$129.5M
$142.2M
Q3 25
$99.2M
$128.9M
Q2 25
$81.5M
$140.6M
Q1 25
$65.8M
$135.2M
Q4 24
$71.4M
$143.1M
Q3 24
$44.8M
$153.0M
Q2 24
$30.9M
$138.1M
Q1 24
$49.6M
$136.9M
Net Profit
ARQT
ARQT
RNGR
RNGR
Q4 25
$17.4M
$3.2M
Q3 25
$7.4M
$1.2M
Q2 25
$-15.9M
$7.3M
Q1 25
$-25.1M
$600.0K
Q4 24
$-10.8M
$5.8M
Q3 24
$-41.5M
$8.7M
Q2 24
$-52.3M
$4.7M
Q1 24
$-35.4M
$-800.0K
Gross Margin
ARQT
ARQT
RNGR
RNGR
Q4 25
91.0%
Q3 25
91.2%
Q2 25
90.8%
Q1 25
86.6%
Q4 24
90.3%
Q3 24
87.7%
Q2 24
88.8%
Q1 24
93.4%
Operating Margin
ARQT
ARQT
RNGR
RNGR
Q4 25
14.2%
2.3%
Q3 25
8.6%
2.0%
Q2 25
-17.9%
6.1%
Q1 25
-37.3%
0.7%
Q4 24
-10.7%
6.2%
Q3 24
-87.3%
8.4%
Q2 24
-162.3%
5.3%
Q1 24
-63.8%
-0.4%
Net Margin
ARQT
ARQT
RNGR
RNGR
Q4 25
13.4%
2.3%
Q3 25
7.5%
0.9%
Q2 25
-19.5%
5.2%
Q1 25
-38.1%
0.4%
Q4 24
-15.1%
4.1%
Q3 24
-92.8%
5.7%
Q2 24
-169.6%
3.4%
Q1 24
-71.4%
-0.6%
EPS (diluted)
ARQT
ARQT
RNGR
RNGR
Q4 25
$0.14
$0.14
Q3 25
$0.06
$0.05
Q2 25
$-0.13
$0.32
Q1 25
$-0.20
$0.03
Q4 24
$-0.09
$0.24
Q3 24
$-0.33
$0.39
Q2 24
$-0.42
$0.21
Q1 24
$-0.32
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARQT
ARQT
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$42.9M
$10.3M
Total DebtLower is stronger
$109.0M
Stockholders' EquityBook value
$189.5M
$300.1M
Total Assets
$433.0M
$419.3M
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARQT
ARQT
RNGR
RNGR
Q4 25
$42.9M
$10.3M
Q3 25
$47.1M
$45.2M
Q2 25
$72.7M
$48.9M
Q1 25
$53.1M
$40.3M
Q4 24
$71.3M
$40.9M
Q3 24
$134.9M
$14.8M
Q2 24
$84.3M
$8.7M
Q1 24
$190.1M
$11.1M
Total Debt
ARQT
ARQT
RNGR
RNGR
Q4 25
$109.0M
Q3 25
$108.5M
Q2 25
$108.0M
Q1 25
$107.6M
Q4 24
$107.2M
$0
Q3 24
$204.6M
$0
Q2 24
$203.8M
$0
Q1 24
$202.8M
$0
Stockholders' Equity
ARQT
ARQT
RNGR
RNGR
Q4 25
$189.5M
$300.1M
Q3 25
$158.1M
$270.0M
Q2 25
$139.0M
$276.9M
Q1 25
$142.7M
$272.6M
Q4 24
$157.5M
$273.8M
Q3 24
$156.6M
$267.6M
Q2 24
$186.4M
$260.5M
Q1 24
$224.9M
$261.7M
Total Assets
ARQT
ARQT
RNGR
RNGR
Q4 25
$433.0M
$419.3M
Q3 25
$371.0M
$372.8M
Q2 25
$352.4M
$381.7M
Q1 25
$344.1M
$376.5M
Q4 24
$348.9M
$381.6M
Q3 24
$437.4M
$373.9M
Q2 24
$444.8M
$359.6M
Q1 24
$478.5M
$355.5M
Debt / Equity
ARQT
ARQT
RNGR
RNGR
Q4 25
0.58×
Q3 25
0.69×
Q2 25
0.78×
Q1 25
0.75×
Q4 24
0.68×
0.00×
Q3 24
1.31×
0.00×
Q2 24
1.09×
0.00×
Q1 24
0.90×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARQT
ARQT
RNGR
RNGR
Operating Cash FlowLast quarter
$26.2M
$24.1M
Free Cash FlowOCF − Capex
$17.1M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.0%
4.9%
Cash ConversionOCF / Net Profit
1.51×
7.53×
TTM Free Cash FlowTrailing 4 quarters
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARQT
ARQT
RNGR
RNGR
Q4 25
$26.2M
$24.1M
Q3 25
$-1.8M
$13.6M
Q2 25
$324.0K
$20.7M
Q1 25
$-30.4M
$10.6M
Q4 24
$-748.0K
$32.7M
Q3 24
$-34.7M
$17.7M
Q2 24
$-45.1M
$22.1M
Q1 24
$-31.6M
$12.0M
Free Cash Flow
ARQT
ARQT
RNGR
RNGR
Q4 25
$17.1M
Q3 25
$8.0M
Q2 25
$246.0K
$14.4M
Q1 25
$-31.0M
$3.4M
Q4 24
$27.3M
Q3 24
$-34.8M
$10.8M
Q2 24
$6.8M
Q1 24
$5.5M
FCF Margin
ARQT
ARQT
RNGR
RNGR
Q4 25
12.0%
Q3 25
6.2%
Q2 25
0.3%
10.2%
Q1 25
-47.1%
2.5%
Q4 24
19.1%
Q3 24
-77.8%
7.1%
Q2 24
4.9%
Q1 24
4.0%
Capex Intensity
ARQT
ARQT
RNGR
RNGR
Q4 25
0.0%
4.9%
Q3 25
0.0%
4.3%
Q2 25
0.1%
4.5%
Q1 25
0.9%
5.3%
Q4 24
0.0%
3.8%
Q3 24
0.3%
4.5%
Q2 24
0.0%
11.1%
Q1 24
0.0%
4.7%
Cash Conversion
ARQT
ARQT
RNGR
RNGR
Q4 25
1.51×
7.53×
Q3 25
-0.24×
11.33×
Q2 25
2.84×
Q1 25
17.67×
Q4 24
5.64×
Q3 24
2.03×
Q2 24
4.70×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARQT
ARQT

Segment breakdown not available.

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

Related Comparisons