Company Analysis

Arrowhead Pharmaceuticals, Inc. (ARWR)

Nasdaq: ARWR · Pharmaceutical Preparations · Pasadena, CA · filing with the SEC since 1998
Grade4.7
◀ Past 5.5● Present 4.8▶ Future 4.0
1 est.

The grade of Arrowhead Pharmaceuticals, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.7/10
◀ Past5.530% of the headline
● Present4.840% of the headline
▶ Future4.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.5/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
5.6/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-12-05.

weight 33% of this tense · 56th percentile among 497 sector filers · read for itself

From the record

Arrowhead Pharmaceuticals, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2023-12-05) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.0/10

What has it actually done, year after year?

+34.5% a year over 10 filed years; profitable in 2 of 10.

weight 45% of this tense · 49th percentile among 323 sector filers · read for its customers

From the record

Arrowhead Pharmaceuticals, Inc.'s 10 filed years say what it did: revenue went from $31 million in fiscal 2017 to $451 million in fiscal 2026, up 34.5% a year; it rose in 4 of 9 years; the deepest fall was 99% from fiscal 2022 to fiscal 2024; net income was positive in 2 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span34.5%top 28% of its family
  • the share of years revenue rosebottom 29% of its family
  • the share of filed years with a profittop 27% of its family
  • the deepest fall from a revenue peak98.5%bottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
6.5/10

How has it treated the people who own it?

SI estimate 6.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 64th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 36% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Arrowhead Pharmaceuticals, Inc.'s shareholder treatment is put at 6.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 36% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
2.7/10

Is it financially healthy right now?

ROE -1420%: lost 1420¢ per shareholder dollar. Leverage 97%: owes 97¢ per asset dollar.

weight 45% of this tense · 27th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-09-30, Arrowhead Pharmaceuticals, Inc. lost about 1420 cents for every dollar of shareholders' money. Leverage: it owed about 97 cents per dollar of assets, and net share issuance: its share count grew 5.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 11% of its family
  • return on equitybottom 1% of its family
  • the share count against the year beforetop 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 315 in its family; net margin -159.1%.

weight 33% of this tense · 65th percentile among 315 sector filers · read for its customers

From the record

Arrowhead Pharmaceuticals, Inc.'s standing among 315 graded names in its industry family: revenue of $451 million in fiscal 2026 ranks in the top 20% by size; a net margin of -159.1% ranks in the top 50%; revenue growth of 23.3% a year over the last 3 filed years ranks in the top 35% (its annual reports).

What it rests on

  • revenue against the family$451Mtop 20% of its family
  • net margin-159.1%top 50% of its family
  • three-year revenue growth23.3%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.4/10

What are the people in charge doing?

top 36% of 315 in its family for leadership; chief executive since 2008.

weight 22% of this tense · 64th percentile among 315 sector filers · read for its shareholders

From the record

Arrowhead Pharmaceuticals, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Anzalone, Christopher Richard (Chief Executive Officer, as filed), filing under that title since 2008-01-24, 18.8 years (top 4% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 6.1 years (top 39%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 12 peoplebottom 35% of its family
  • the median years the people in charge have filed6.1 yearstop 39% of its family
  • the chief executive's years on the record18.8 yearstop 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.3/10

How much room does it have to grow?

bottom 43% of 273 in its family for room to expand.

weight 45% of this tense · 43rd percentile among 273 sector filers · read for itself

From the record

Arrowhead Pharmaceuticals, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $63 million against no long-term debt tagged leaves 3.6% of its assets as net cash, bottom 18% of its family; cash from operations less capital spending is -63% of revenue (top 47%); research spending of 164% of revenue (top 44%) (its annual report).

What it rests on

  • cash less debt against assets3.6%bottom 18% of its family
  • cash from operations less capital spending against revenue-63.0%top 47% of its family
  • research spending against revenue164.0%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.7/10

What could actually drive growth from here?

bottom 37% of 306 in its family for growth drivers.

weight 33% of this tense · 37th percentile among 306 sector filers · read for its customers

From the record

Arrowhead Pharmaceuticals, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 23.3% a year over the last three filed years against 34.5% over all 10, slowing (bottom 32% of its family); the newest year grew -45.7% (bottom 18%); research spending grew 27.9% a year (top 16%); capital spending grew -59.2% a year (bottom 14%) (its annual reports). Arrowhead Pharmaceuticals, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-11.2 points a yearbottom 32% of its family
  • the newest year's revenue growth-45.7%bottom 18% of its family
  • three-year growth of research spending27.9%top 16% of its family
  • three-year growth of capital spending-59.2%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.8/10

Did its newest year beat what its own record pointed to?

bottom 38% of 233 in its family for expectations against reality.

weight 22% of this tense · 38th percentile among 233 sector filers · read for its shareholders

From the record

Arrowhead Pharmaceuticals, Inc.'s newest year against its own record: revenue of $451 million in fiscal 2026 came in 70.7% below the $1.5 billion its prior three years' pace pointed to (bottom 12% of its family); net income of $717 million against a prior three-year average of $263 million (bottom 9%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 9%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-70.7%bottom 12% of its family
  • net income against the prior three years' average-173%bottom 9% of its family
  • net margin against its prior averageup more than 100 pointstop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ARWR · research, not advice