Arcus Biosciences, Inc. (RCUS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 05, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 42.11% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
130M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

RCUS currently has 125M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 42.11% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 05, 2026

10-Q filing | 125.4M shares outstanding

130M 0
Oct 28, 2025

10-Q filing | 106.5M shares outstanding

110M 0
Aug 06, 2025

10-Q filing | 106.5M shares outstanding

110M 0
May 06, 2025

10-Q filing | 98.4M shares outstanding

98M 0
Feb 25, 2025

10-K filing | 105.8M shares outstanding

110M 0
Nov 06, 2024

10-Q filing | 91.4M shares outstanding

91M 0
Aug 08, 2024

10-Q filing | 91.1M shares outstanding

91M 0
May 08, 2024

10-Q filing | 86.2M shares outstanding

86M 0
Feb 21, 2024

10-K filing | 90.9M shares outstanding

91M 0
Jan 30, 2024

8-K filing: Arcus Biosciences, Inc. and Gilead Sciences, Inc. entered into a Third Amended and Restated Common Stock Purchase Agreement, under which Gilead purchased 15,238,095 shares of Arcus's common stock at $21.00 per share. ($320.0M proceeds)

75M 0
Nov 07, 2023

10-Q filing | 74.6M shares outstanding

75M 0
Aug 07, 2023

10-Q filing | 73.2M shares outstanding

73M 0
Jun 28, 2023

8-K filing: Arcus Biosciences, Inc. and Gilead Sciences, Inc. entered into a Second Amended and Restated Common Stock Purchase Agreement, where Gilead will purchase from Arcus 1,010,000 shares of Arcus common stock at a purchase price of $19.26 per share. ($19.45M proceeds)

73M 0
May 09, 2023

10-Q filing | 73.0M shares outstanding

73M 0
Feb 28, 2023

10-K filing | 72.0M shares outstanding

72M 0
Nov 02, 2022

10-Q filing | 72.2M shares outstanding

72M 0
Aug 03, 2022

10-Q filing | 72.2M shares outstanding

72M 0
May 09, 2022

10-Q filing | 71.7M shares outstanding

72M 0
Feb 23, 2022

10-K filing | 69.3M shares outstanding

69M 0
Nov 08, 2021

10-Q filing | 70.1M shares outstanding

70M 0
Aug 05, 2021

10-Q filing | 71.4M shares outstanding

71M 0
May 05, 2021

10-Q filing | 71.0M shares outstanding

71M 0
Feb 25, 2021

10-K filing | 70.9M shares outstanding

71M 0
Nov 05, 2020

10-Q filing | 65.1M shares outstanding

65M 0
Aug 06, 2020

10-Q filing | 64.9M shares outstanding

65M 0
Jul 13, 2020

8-K filing: On July 13, 2020, Arcus and Gilead closed the Option, License and Collaboration Agreement, Common Stock Purchase Agreement and Investor Rights Agreement. Gilead purchased 5,963,029 shares of Arcus common stock at $33.54 per share, totaling approximately $200 million. ($200.0M proceeds)

46M 0
May 26, 2020

8-K filing: Arcus Biosciences, Inc. appointed David L. Lacey, M.D. to the Board of Directors as a Class II Director and approved an amendment to the Company's Amended and Restated Bylaws to implement a forum selection bylaw. Arcus is also refiling its Amended and Restated Investor Rights Agreement.

46M 0
May 05, 2020

10-Q filing | 46.0M shares outstanding

46M 0
Mar 05, 2020

10-K filing | 45.4M shares outstanding

45M 0
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