undamentalytics Newsletter

Arcutis Biotherapeutics vs Krystal Biotech

Arcutis Biotherapeutics and Krystal Biotech are similar in size: $376m and $389m of revenue in their latest fiscal years. Arcutis Biotherapeutics grew faster (91.3% against 33.9%). Krystal Biotech kept more of each dollar of sales as profit: a net margin of 52.6% against -4.3%. Krystal Biotech carries less debt relative to equity (0.0% against 57.5%).

Latest fiscal yearArcutis BiotherapeuticsARQT, 2025Krystal BiotechKRYS, 2025
Revenue $376m $389m
Revenue growth 91.3% 33.9%
Net income −$16.1m $205m
Operating margin -3.3% 41.5%
Net margin -4.3% 52.6%
Return on equity -9.3% 18.9%
Free cash flow −$6.3m $189m
Cash $42.9m $496m
Total debt $109m $0
Debt to equity 57.5% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 354 —
Market value $4.02bn $9.00bn
Price vs our value range — Within our value range
Moat score — —
Insider trades, 12 months 0 buys, 77 sales 0 buys, 142 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.