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Arcutis Biotherapeutics, Inc.（ARQT）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
Arcutis Biotherapeutics, Inc.的季度营收约是RMR GROUP INC.的1.9倍（$129.5M vs $66.7M），RMR GROUP INC.净利率更高（18.3% vs 13.4%，领先4.8%），Arcutis Biotherapeutics, Inc.同比增速更快（81.5% vs 40.8%）
Arcutis Biotherapeutics是一家临床阶段生物制药企业，专注于开发和商业化免疫介导皮肤病领域的创新处方疗法，产品管线覆盖银屑病、特应性皮炎、斑秃等适应症，主要服务美国市场的患者及医疗服务提供者，填补皮肤科诊疗领域的未满足需求。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
ARQT vs RMR — 直观对比
营收规模更大
ARQT
是对方的1.9倍
$66.7M
营收增速更快
ARQT
高出40.7%
40.8%
净利率更高
RMR
高出4.8%
13.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $129.5M | $66.7M |
| 净利润 | $17.4M | $12.2M |
| 毛利率 | 91.0% | — |
| 营业利润率 | 14.2% | 48.1% |
| 净利率 | 13.4% | 18.3% |
| 营收同比 | 81.5% | 40.8% |
| 净利润同比 | 261.2% | 91.1% |
| 每股收益（稀释后） | $0.14 | $0.71 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ARQTRMR
| Q4 25 | $129.5M | $66.7M | ||
| Q3 25 | $99.2M | — | ||
| Q2 25 | $81.5M | — | ||
| Q1 25 | $65.8M | — | ||
| Q4 24 | $71.4M | — | ||
| Q3 24 | $44.8M | — | ||
| Q2 24 | $30.9M | — | ||
| Q1 24 | $49.6M | — |
净利润ARQTRMR
| Q4 25 | $17.4M | $12.2M | ||
| Q3 25 | $7.4M | — | ||
| Q2 25 | $-15.9M | — | ||
| Q1 25 | $-25.1M | — | ||
| Q4 24 | $-10.8M | — | ||
| Q3 24 | $-41.5M | — | ||
| Q2 24 | $-52.3M | — | ||
| Q1 24 | $-35.4M | — |
毛利率ARQTRMR
| 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% | — |
营业利润率ARQTRMR
| Q4 25 | 14.2% | 48.1% | ||
| Q3 25 | 8.6% | — | ||
| Q2 25 | -17.9% | — | ||
| Q1 25 | -37.3% | — | ||
| Q4 24 | -10.7% | — | ||
| Q3 24 | -87.3% | — | ||
| Q2 24 | -162.3% | — | ||
| Q1 24 | -63.8% | — |
净利率ARQTRMR
| Q4 25 | 13.4% | 18.3% | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | -19.5% | — | ||
| Q1 25 | -38.1% | — | ||
| Q4 24 | -15.1% | — | ||
| Q3 24 | -92.8% | — | ||
| Q2 24 | -169.6% | — | ||
| Q1 24 | -71.4% | — |
每股收益（稀释后）ARQTRMR
| Q4 25 | $0.14 | $0.71 | ||
| Q3 25 | $0.06 | — | ||
| Q2 25 | $-0.13 | — | ||
| Q1 25 | $-0.20 | — | ||
| Q4 24 | $-0.09 | — | ||
| Q3 24 | $-0.33 | — | ||
| Q2 24 | $-0.42 | — | ||
| Q1 24 | $-0.32 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $42.9M | $49.3M |
| 总债务越低越好 | $109.0M | — |
| 股东权益账面价值 | $189.5M | $232.7M |
| 总资产 | $433.0M | $687.1M |
| 负债/权益比越低杠杆越低 | 0.58× | — |
8季度趋势，按日历期对齐
现金及短期投资ARQTRMR
| Q4 25 | $42.9M | $49.3M | ||
| Q3 25 | $47.1M | — | ||
| Q2 25 | $72.7M | — | ||
| Q1 25 | $53.1M | — | ||
| Q4 24 | $71.3M | — | ||
| Q3 24 | $134.9M | — | ||
| Q2 24 | $84.3M | — | ||
| Q1 24 | $190.1M | — |
总债务ARQTRMR
| Q4 25 | $109.0M | — | ||
| Q3 25 | $108.5M | — | ||
| Q2 25 | $108.0M | — | ||
| Q1 25 | $107.6M | — | ||
| Q4 24 | $107.2M | — | ||
| Q3 24 | $204.6M | — | ||
| Q2 24 | $203.8M | — | ||
| Q1 24 | $202.8M | — |
股东权益ARQTRMR
| Q4 25 | $189.5M | $232.7M | ||
| Q3 25 | $158.1M | — | ||
| Q2 25 | $139.0M | — | ||
| Q1 25 | $142.7M | — | ||
| Q4 24 | $157.5M | — | ||
| Q3 24 | $156.6M | — | ||
| Q2 24 | $186.4M | — | ||
| Q1 24 | $224.9M | — |
总资产ARQTRMR
| Q4 25 | $433.0M | $687.1M | ||
| Q3 25 | $371.0M | — | ||
| Q2 25 | $352.4M | — | ||
| Q1 25 | $344.1M | — | ||
| Q4 24 | $348.9M | — | ||
| Q3 24 | $437.4M | — | ||
| Q2 24 | $444.8M | — | ||
| Q1 24 | $478.5M | — |
负债/权益比ARQTRMR
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.78× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 1.31× | — | ||
| Q2 24 | 1.09× | — | ||
| Q1 24 | 0.90× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $26.2M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | 1.51× | 0.88× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ARQTRMR
| Q4 25 | $26.2M | $10.7M | ||
| Q3 25 | $-1.8M | — | ||
| Q2 25 | $324.0K | — | ||
| Q1 25 | $-30.4M | — | ||
| Q4 24 | $-748.0K | — | ||
| Q3 24 | $-34.7M | — | ||
| Q2 24 | $-45.1M | — | ||
| Q1 24 | $-31.6M | — |
自由现金流ARQTRMR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $246.0K | — | ||
| Q1 25 | $-31.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-34.8M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率ARQTRMR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | -47.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -77.8% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度ARQTRMR
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
现金转化率ARQTRMR
| Q4 25 | 1.51× | 0.88× | ||
| Q3 25 | -0.24× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ARQT
暂无分部数据
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
