Arrowhead Pharmaceuticals Operating Expenses Growth & History (ARWR)
Arrowhead Pharmaceuticals's operating expenses was $731.1M for fiscal 2025.
View full Arrowhead Pharmaceuticals company overviewArrowhead Pharmaceuticals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $731.1M | $126.5M | +20.92% |
| 2024 | 2024-09-30 | $604.6M | $158.9M | +35.65% |
| 2023 | 2023-09-30 | $445.7M | $24.0M | +5.69% |
| 2022 | 2022-09-30 | $421.7M | $134.4M | +46.78% |
| 2021 | 2021-09-30 | $287.3M | $106.2M | +58.61% |
| 2020 | 2020-09-30 | $181.2M | $73.5M | +68.35% |
| 2019 | 2019-09-30 | $107.6M | $35.5M | +49.29% |
| 2018 | 2018-09-30 | $72.1M | $3.7M | +5.37% |
| 2017 | 2017-09-30 | $68.4M | −$13.5M | −16.48% |
| 2016 | 2016-09-30 | $81.9M | −$14.5M | −15.00% |
| 2015 | 2015-09-30 | $96.4M | $42.9M | +80.27% |
| 2014 | 2014-09-30 | $53.5M | $28.6M | +114.84% |
| 2013 | 2013-09-30 | $24.9M | $3.6M | +17.16% |
| 2012 | 2012-09-30 | $21.2M | $11.1M | +109.71% |
| 2011 | 2011-09-30 | $10.1M | $4.3M | +73.61% |
| 2010 | 2010-09-30 | $5.8M | — | — |
Arrowhead Pharmaceuticals quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $245.3M | $52.0M | +26.91% |
| Q2 2026 | 2026-03-31 | $215.0M | $53.5M | +33.12% |
| Q1 2026 | 2025-12-31 | $223.2M | $59.3M | +36.19% |
| Q4 2025 | 2025-09-30 | $212.4M | $50.2M | +30.93% |
| Q3 2025 | 2025-06-30 | $193.3M | $17.2M | +9.75% |
| Q2 2025 | 2025-03-31 | $161.5M | $35.3M | +27.99% |
| Q1 2025 | 2024-12-31 | $163.9M | $23.8M | +17.00% |
| Q4 2024 | 2024-09-30 | $162.2M | $37.8M | +30.36% |
| Q3 2024 | 2024-06-30 | $176.1M | $57.6M | +48.61% |
| Q2 2024 | 2024-03-31 | $126.2M | $28.1M | +28.63% |
| Q1 2024 | 2023-12-31 | $140.1M | $35.4M | +33.83% |
| Q4 2023 | 2023-09-30 | $124.4M | $9.0M | +7.82% |
| Q3 2023 | 2023-06-30 | $118.5M | $13.2M | +12.54% |
| Q2 2023 | 2023-03-31 | $98.1M | −$12.2M | −11.02% |
| Q1 2023 | 2022-12-31 | $104.7M | $13.9M | +15.34% |
| Q4 2022 | 2022-09-30 | $115.4M | $12.2M | +11.87% |
| Q3 2022 | 2022-06-30 | $105.3M | $27.6M | +35.45% |
| Q2 2022 | 2022-03-31 | $110.3M | $49.2M | +80.61% |
| Q1 2022 | 2021-12-31 | $90.8M | $45.4M | +100.10% |
| Q4 2021 | 2021-09-30 | $103.2M | $45.4M | +78.63% |
| Q3 2021 | 2021-06-30 | $77.8M | $34.4M | +79.49% |
| Q2 2021 | 2021-03-31 | $61.0M | $15.3M | +33.37% |
| Q1 2021 | 2020-12-31 | $45.4M | $11.0M | +32.21% |
| Q4 2020 | 2020-09-30 | $57.8M | $24.1M | +71.60% |
| Q3 2020 | 2020-06-30 | $43.3M | $19.2M | +79.75% |
| Q2 2020 | 2020-03-31 | $45.8M | $19.6M | +75.11% |
| Q1 2020 | 2019-12-31 | $34.3M | $10.6M | +44.69% |
| Q4 2019 | 2019-09-30 | $33.7M | $11.2M | +50.08% |
| Q3 2019 | 2019-06-30 | $24.1M | $7.5M | +44.78% |
| Q2 2019 | 2019-03-31 | $26.1M | $10.5M | +66.65% |
| Q1 2019 | 2018-12-31 | $23.7M | $6.4M | +36.88% |
| Q4 2018 | 2018-09-30 | $22.4M | $3.5M | +18.25% |
| Q3 2018 | 2018-06-30 | $16.6M | $1.6M | +10.56% |
| Q2 2018 | 2018-03-31 | $15.7M | $568,612 | +3.76% |
| Q1 2018 | 2017-12-31 | $17.3M | −$1.9M | −10.09% |
| Q4 2017 | 2017-09-30 | $19.0M | −$2.9M | −13.11% |
| Q3 2017 | 2017-06-30 | $15.1M | −$4.3M | −22.31% |
| Q2 2017 | 2017-03-31 | $15.1M | −$6.2M | −29.06% |
| Q1 2017 | 2016-12-31 | $19.3M | −$117,637 | −0.61% |
| Q4 2016 | 2016-09-30 | $21.8M | −$3.4M | −13.65% |
| Q3 2016 | 2016-06-30 | $19.4M | $3.3M | +20.25% |
| Q2 2016 | 2016-03-31 | $21.3M | −$8.4M | −28.20% |
| Q1 2016 | 2015-12-31 | $19.4M | −$5.9M | −23.34% |
| Q4 2015 | 2015-09-30 | $25.3M | $2.9M | +12.85% |
| Q3 2015 | 2015-06-30 | $16.1M | $3.4M | +26.47% |
| Q2 2015 | 2015-03-31 | $29.7M | $18.4M | +163.64% |
| Q1 2015 | 2014-12-31 | $25.3M | $18.2M | +258.51% |
| Q4 2014 | 2014-09-30 | $22.4M | $14.4M | +178.48% |
| Q3 2014 | 2014-06-30 | $12.7M | $6.3M | +98.08% |
| Q2 2014 | 2014-03-31 | $11.3M | $5.8M | +107.14% |
| Q1 2014 | 2013-12-31 | $7.1M | $2.1M | +41.94% |
| Q4 2013 | 2013-09-30 | $8.0M | $2.6M | +48.33% |
| Q3 2013 | 2013-06-30 | $6.4M | −$417,238 | −6.09% |
| Q2 2013 | 2013-03-31 | $5.4M | $534,031 | +10.90% |
| Q1 2013 | 2012-12-31 | $5.0M | $906,040 | +22.30% |
| Q4 2012 | 2012-09-30 | $5.4M | $2.5M | +86.16% |
| Q3 2012 | 2012-06-30 | $6.9M | $5.1M | +287.02% |
| Q2 2012 | 2012-03-31 | $4.9M | $3.1M | +170.48% |
| Q1 2012 | 2011-12-31 | $4.1M | $431,091 | +11.87% |
| Q4 2011 | 2011-09-30 | $2.9M | — | — |
| Q3 2011 | 2011-06-30 | $1.8M | $378,604 | +27.21% |
| Q2 2011 | 2011-03-31 | $1.8M | — | — |
| Q1 2011 | 2010-12-31 | $3.6M | — | — |
| Q3 2010 | 2010-06-30 | $1.4M | — | — |
Arrowhead Pharmaceuticals operating expenses trends
Over the last five fiscal years, Arrowhead Pharmaceuticals's operating expenses increased from $181.2M to $731.1M, a change of $550.0M. The latest reported quarter, Q3 2026, shows $245.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Arrowhead Pharmaceuticals source filings ↗