Arcutis Biotherapeutics, Inc. (ARQT) vs Pulse Biosciences, Inc. (PLSE)

A side-by-side comparison of Arcutis Biotherapeutics, Inc. and Pulse Biosciences, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — ARQT vs PLSE

growth of $100 · dividends reinvested · last 7y
ARQT +15.4% (+2.1%/yr)PLSE +250.7% (+19.6%/yr)PLSE compounded faster over this window
0100200300400Start $100202120222023202420252026$115$351
ARQT PLSE

ARQT vs PLSE: by the numbers

  • •PLSE is the larger company ($3.41B vs $3.02B market cap).
  • •ARQT is profitable (6.15% net margin) while PLSE runs a net loss (-6755.78%).

Metrics side by side

Valuation

MetricARQTPLSE
P/E ratio115.92N/A
Forward P/E48.62N/A
P/S ratio6.522877.60
P/B ratio13.7134.27
EV / EBITDA83.41N/A
FCF yield1.30%N/A

Profitability

MetricARQTPLSE
Gross margin91.14%-360.00%
Operating margin-3.25%-21982.57%
Net margin6.15%-6755.78%
ROE12.93%-80.46%
ROIC9.95%-79.40%

Growth (annualized)

MetricARQTPLSE
Total return CAGR (5Y)-0.28%19.76%

Frequently asked

Is ARQT or PLSE more profitable?
ARQT runs the higher net margin — ARQT at 6.15% versus PLSE at -6755.78%.
How have ARQT and PLSE total returns compared?
Over the past 5 years, ARQT delivered -0.28% and PLSE delivered 19.76% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.