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Side-by-side financial comparison of ARROWHEAD PHARMACEUTICALS, INC. (ARWR) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.

WOLVERINE WORLD WIDE INC is the larger business by last-quarter revenue ($517.5M vs $264.0M, roughly 2.0× ARROWHEAD PHARMACEUTICALS, INC.). ARROWHEAD PHARMACEUTICALS, INC. runs the higher net margin — 11.7% vs 6.1%, a 5.5% gap on every dollar of revenue. On growth, ARROWHEAD PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (10461.3% vs 25.5%). WOLVERINE WORLD WIDE INC produced more free cash flow last quarter ($145.6M vs $11.3M).

Arrowhead Pharmaceuticals, Inc. is a publicly traded biopharmaceutical company based in Pasadena, California. Arrowhead's products in development act through RNA interference (RNAi) mechanisms of action. The company focuses on treatments for hepatitis B, liver disease associated with alpha 1-antitrypsin deficiency and cardiovascular disease.

Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.

ARWR vs WWW — Head-to-Head

Bigger by revenue
WWW
WWW
2.0× larger
WWW
$517.5M
$264.0M
ARWR
Growing faster (revenue YoY)
ARWR
ARWR
+10435.8% gap
ARWR
10461.3%
25.5%
WWW
Higher net margin
ARWR
ARWR
5.5% more per $
ARWR
11.7%
6.1%
WWW
More free cash flow
WWW
WWW
$134.3M more FCF
WWW
$145.6M
$11.3M
ARWR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ARWR
ARWR
WWW
WWW
Revenue
$264.0M
$517.5M
Net Profit
$30.8M
$31.8M
Gross Margin
47.3%
Operating Margin
15.5%
9.7%
Net Margin
11.7%
6.1%
Revenue YoY
10461.3%
25.5%
Net Profit YoY
117.8%
162.8%
EPS (diluted)
$0.22
$0.37

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
ARWR
ARWR
WWW
WWW
Q1 26
$517.5M
Q4 25
$264.0M
Q3 25
$470.3M
Q2 25
$474.2M
Q1 25
$412.3M
Q4 24
$494.7M
Q3 24
$440.2M
Q2 24
$425.2M
Net Profit
ARWR
ARWR
WWW
WWW
Q1 26
$31.8M
Q4 25
$30.8M
Q3 25
$25.1M
Q2 25
$26.8M
Q1 25
$12.1M
Q4 24
$23.1M
Q3 24
$23.2M
Q2 24
$13.8M
Gross Margin
ARWR
ARWR
WWW
WWW
Q1 26
47.3%
Q4 25
Q3 25
47.5%
Q2 25
47.2%
Q1 25
47.2%
Q4 24
43.4%
Q3 24
45.1%
Q2 24
43.1%
Operating Margin
ARWR
ARWR
WWW
WWW
Q1 26
9.7%
Q4 25
15.5%
Q3 25
8.4%
Q2 25
8.6%
Q1 25
4.8%
Q4 24
7.4%
Q3 24
7.9%
Q2 24
6.8%
Net Margin
ARWR
ARWR
WWW
WWW
Q1 26
6.1%
Q4 25
11.7%
Q3 25
5.3%
Q2 25
5.7%
Q1 25
2.9%
Q4 24
4.7%
Q3 24
5.3%
Q2 24
3.2%
EPS (diluted)
ARWR
ARWR
WWW
WWW
Q1 26
$0.37
Q4 25
$0.22
Q3 25
$0.30
Q2 25
$0.32
Q1 25
$0.15
Q4 24
$0.29
Q3 24
$0.28
Q2 24
$0.17

Balance Sheet & Financial Strength

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

Metric
ARWR
ARWR
WWW
WWW
Cash + ST InvestmentsLiquidity on hand
$715.0M
Total DebtLower is stronger
$621.7M
Stockholders' EquityBook value
$568.4M
$408.0M
Total Assets
$1.6B
$1.7B
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARWR
ARWR
WWW
WWW
Q1 26
Q4 25
$715.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
ARWR
ARWR
WWW
WWW
Q1 26
$621.7M
Q4 25
Q3 25
$676.4M
Q2 25
$708.5M
Q1 25
$710.8M
Q4 24
$648.0M
Q3 24
$702.8M
Q2 24
$814.7M
Stockholders' Equity
ARWR
ARWR
WWW
WWW
Q1 26
$408.0M
Q4 25
$568.4M
Q3 25
$376.7M
Q2 25
$344.0M
Q1 25
$310.6M
Q4 24
$312.9M
Q3 24
$295.2M
Q2 24
$262.1M
Total Assets
ARWR
ARWR
WWW
WWW
Q1 26
$1.7B
Q4 25
$1.6B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.8B
Q2 24
$1.8B
Debt / Equity
ARWR
ARWR
WWW
WWW
Q1 26
1.52×
Q4 25
Q3 25
1.80×
Q2 25
2.06×
Q1 25
2.29×
Q4 24
2.07×
Q3 24
2.38×
Q2 24
3.11×

Cash Flow & Capital Efficiency

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

Metric
ARWR
ARWR
WWW
WWW
Operating Cash FlowLast quarter
$13.5M
$146.2M
Free Cash FlowOCF − Capex
$11.3M
$145.6M
FCF MarginFCF / Revenue
4.3%
28.1%
Capex IntensityCapex / Revenue
0.8%
0.1%
Cash ConversionOCF / Net Profit
0.44×
4.60×
TTM Free Cash FlowTrailing 4 quarters
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARWR
ARWR
WWW
WWW
Q1 26
$146.2M
Q4 25
$13.5M
Q3 25
$33.0M
Q2 25
$44.6M
Q1 25
$-83.8M
Q4 24
$82.4M
Q3 24
$108.2M
Q2 24
$26.7M
Free Cash Flow
ARWR
ARWR
WWW
WWW
Q1 26
$145.6M
Q4 25
$11.3M
Q3 25
$30.1M
Q2 25
$41.2M
Q1 25
$-91.4M
Q4 24
$74.4M
Q3 24
$104.1M
Q2 24
$23.7M
FCF Margin
ARWR
ARWR
WWW
WWW
Q1 26
28.1%
Q4 25
4.3%
Q3 25
6.4%
Q2 25
8.7%
Q1 25
-22.2%
Q4 24
15.0%
Q3 24
23.6%
Q2 24
5.6%
Capex Intensity
ARWR
ARWR
WWW
WWW
Q1 26
0.1%
Q4 25
0.8%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
0.9%
Q2 24
0.7%
Cash Conversion
ARWR
ARWR
WWW
WWW
Q1 26
4.60×
Q4 25
0.44×
Q3 25
1.31×
Q2 25
1.66×
Q1 25
-6.93×
Q4 24
3.57×
Q3 24
4.66×
Q2 24
1.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARWR
ARWR

Segment breakdown not available.

WWW
WWW

Sales Channel Through Intermediary$230.2M44%
Sales Channel Directly To Consumer$142.6M28%
Work Group$134.0M26%
Other$10.7M2%

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