Pharmaceutical Preparations · SIC 2834

ARROWHEAD PHARMACEUTICALS, INC.

ARWR

Watch

Latest revenue

$73.7M

as of 2026-03-31

Latest net income

$-101.9M

as of 2026-03-31

Net margin

-138.2%

as of 2026-03-31

Price · 5Y

+0.6% / yr 13.1 pts / yr vs S&P 500 3.2% total
Compare:

Live market

delayed ≤15 min
$74.95
0.78%
Market cap
$10.56B
Enterprise value
$10.56B
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$82.26
52-wk low
$14.30
Beta
Shares out
140.9M

5-year trend

What this company does

AI

ITEM 1.BUSINESS A.Overview The Company develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and modes of delivery, the Company’s therapies trigger the RNA interference mechanism to induce rapid, deep and durable knockdown of target genes. There are currently 18 Arrowhead discovered drug candidates in clinical trials ranging from early stage (Phase 1) to late stage (Phase 3). In addition, the company has a robust discovery stage pipeline which is capable of generating multiple new clinical candidates each year. The Company recently achieved a transformational milestone with its first commercial launch in 2025,…

AI summary unavailable — showing raw filing excerpt

Generated from ARWR's filing dated 2025-11-25

Key risks

AI

ITEM 1A.RISK FACTORS The Company’s business involves various risks and uncertainties in addition to the normal risks of business, some of which are discussed in this section. It should be noted that the Company’s business may be adversely affected by general economic conditions and other factors beyond the Company’s control. In addition, other risks and uncertainties not presently known or that the Company currently believes to be immaterial may also adversely affect the Company’s business. Some of the factors, events, and contingencies discussed below may have occurred in the past, but the disclosures below are not representations as to whether or not the factors, events, or contingencies…

AI summary unavailable — showing raw filing excerpt

Generated from ARWR's filing dated 2025-11-25

Profitability

Operating margin

11.9%

100.1%

Net margin

-0.2%

100.0%

Return on equity

-0.3%

99.9%

Return on assets

-0.1%

99.8%

Leverage

Debt / equity

1.97×

61.7%

Long-term debt / equity

0.46×

78.3%

Debt / assets

66.4%

20.7%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$73.7M-86.4%$-101.9M-151.6%-138.2%

Q4 2025

2025-12-31

$264.0M+10461.3%$30.8M+117.8%11.7%

Q3 2025

2025-09-30

$256.5M$-48.0M+71.8%-18.7%

Q2 2025

2025-06-30

$27.8M$22.1M+113.0%79.7%

Q1 2025

2025-03-31

$542.7M$197.4M+257.5%36.4%

Q4 2024

2024-12-31

$2.5M-29.6%$-173.1M-30.3%-6923.4%

Q3 2024

2024-09-30

$0$-170.5M

Q2 2024

2024-06-30

$0-100.0%$-170.8M-78.7%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Pharmaceutical Preparations · SIC 2834

No data yet for industry average

Your notes

Keep private notes on ARWR — thesis, target price, catalysts to watch.

Visible only to you. Never shared. Never used to train AI.

Sign in to write a note

Insider activity

Insider buying

$0

Insider selling

$37.9M

Net activity

−$37.9M

Distinct insiders

10

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-12

Hongbo Lu

Director

Sale2,970$76.88$228.3K
2026-04-23

James C Hamilton

Chief Medical Officer

Sale10,000$75.00$750.0K
2026-04-22

Daniel Joseph Apel

Chief Financial Officer

Sale3,208$70.11$224.9K
2026-04-22

Daniel Joseph Apel

Chief Financial Officer

Sale1,157$70.45$81.5K
2026-04-22

Daniel Joseph Apel

Chief Financial Officer

Sale8,730$71.92$627.9K
2026-03-05

James C Hamilton

Chief Medical Officer

Sale10,000$64.19$641.9K
2026-01-05

Patrick O'Brien

COO

Sale4,368$61.20$267.3K
2026-01-05

Patrick O'Brien

COO

Sale6,164$62.23$383.6K
2026-01-05

Patrick O'Brien

COO

Sale13,451$62.96$846.9K
2026-01-05

Patrick O'Brien

COO

Sale11,842$63.84$756.0K
2026-01-05

Patrick O'Brien

COO

Sale2,700$64.44$174.0K
2026-01-05

Patrick O'Brien

COO

Sale900$66.01$59.4K
2026-01-05

Patrick O'Brien

COO

Sale313$68.00$21.3K
2026-01-05

Patrick O'Brien

COO

Sale600$61.12$36.7K
2026-01-05

Patrick O'Brien

COO

Sale900$62.25$56.0K
2026-01-05

Patrick O'Brien

COO

Sale5,873$62.91$369.5K
2026-01-05

Patrick O'Brien

COO

Sale2,336$64.04$149.6K
2026-01-05

Patrick O'Brien

COO

Sale46$68.00$3.1K
2026-01-05

James C Hamilton

Chief Medical Officer

Sale4,625$61.24$283.2K
2026-01-05

James C Hamilton

Chief Medical Officer

Sale6,090$62.28$379.3K
2026-01-05

James C Hamilton

Chief Medical Officer

Sale14,792$63.01$932.0K
2026-01-05

James C Hamilton

Chief Medical Officer

Sale12,711$63.95$812.9K
2026-01-05

James C Hamilton

Chief Medical Officer

Sale1,200$64.49$77.4K
2026-01-05

James C Hamilton

Chief Medical Officer

Sale437$65.97$28.8K
2026-01-05

James C Hamilton

Chief Medical Officer

Sale309$68.00$21.0K
2026-01-02

Christopher Richard Anzalone

Chief Executive Officer

Sale7,416$65.88$488.6K
2026-01-02

Christopher Richard Anzalone

Chief Executive Officer

Sale5,771$66.39$383.1K
2025-12-29

Christopher Richard Anzalone

Chief Executive Officer

Sale35,181$69.33$2.4M
2025-12-29

Christopher Richard Anzalone

Chief Executive Officer

Sale16,545$68.69$1.1M
2025-12-26

Mauro Ferrari

Director

Sale7,530$70.00$527.1K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns ARWR

Institutional value

$3.47B

Total shares held

56.0M

Distinct holders

266

-132 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.18.2M$1.14B-3.2M (-14.8%)Trimmed
2VANGUARD PORTFOLIO MANAGEMENT LLC7.1M$448.1MNew
3VANGUARD CAPITAL MANAGEMENT LLC6.0M$378.2MNew
4Invesco Ltd.3.3M$205.7M+2.7M (+498.9%)Added
5UBS Group AG1.3M$83.8M+349.0K (+35.3%)Added
6UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.3M$83.5M+70.6K (+5.6%)Added
7Pictet Asset Management Holding SA1.3M$79.6M+244.5K (+23.8%)Added
8Fisher Asset Management, LLC1.1M$69.8M-198.2K (-15.1%)Trimmed
9VANGUARD FIDUCIARY TRUST CO965.8K$60.6MNew
10Bank of New York Mellon Corp960.1K$60.2M+72.3K (+8.1%)Added
11Connor, Clark & Lunn Investment Management Ltd.837.0K$52.5M+173.7K (+26.2%)Added
12Western Financial Corp/CA820.2K$51.4M+0 (+0.0%)No change
13Voya Investment Management LLC656.1K$41.1M+233.4K (+55.2%)Added
14BNP PARIBAS FINANCIAL MARKETS650.6K$40.8M+610.2K (+1510.5%)Added
15JPMORGAN CHASE & CO683.1K$39.4M+71.2K (+11.6%)Added
16DIMENSIONAL FUND ADVISORS LP608.5K$38.1M+461.1K (+312.8%)Added
17Nuveen, LLC499.8K$31.3M+211.3K (+73.2%)Added
18PRINCIPAL FINANCIAL GROUP INC490.1K$30.7M-225.4K (-31.5%)Trimmed
19FRANKLIN RESOURCES INC462.7K$29.0M+355.3K (+331.0%)Added
20RHUMBLINE ADVISERS404.4K$25.4M+52.0K (+14.8%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once ARWR's latest filing finishes processing.