ARVINAS, INC.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
ARVN$6.76+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (unaudited)
| (dollars and shares in millions, except per share amounts) | September 30,2025 | December 31,2024 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $101.5 | $100.5 |
| Marketable securities | 686.1 | 938.9 |
| Accounts receivable | 20.3 | 5.7 |
| Other receivables | 6.5 | 8.0 |
| Prepaid expenses and other current assets | 11.9 | 14.2 |
| Total current assets | 826.3 | 1,067.3 |
| Property, equipment and leasehold improvements, net | 5.4 | 7.0 |
| Operating lease right-of-use assets | 8.7 | 9.0 |
| Collaboration contract asset and other assets | 3.9 | 8.1 |
| Total assets | $844.3 | $1,091.4 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $55.5 | $71.8 |
| Deferred revenue | 87.7 | 156.2 |
| Current portion of operating lease liabilities | 1.7 | 1.8 |
| Total current liabilities | 144.9 | 229.8 |
| Deferred revenue | 127.4 | 292.0 |
| Long-term debt | 0.4 | 0.6 |
| Operating lease liabilities | 7.2 | 7.3 |
| Total liabilities | 279.9 | 529.7 |
| Commitments and Contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, zero shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | — | — |
| Common stock, $0.001 par value; 73.4 shares issued, 70.8 shares outstanding as of September 30, 2025 and 68.8 shares issued and outstanding as of December 31, 2024 | 0.1 | 0.1 |
| Accumulated deficit | (1,545.0) | (1,531.6) |
| Additional paid-in capital | 2,128.2 | 2,092.2 |
| Accumulated other comprehensive income | 1.4 | 1.0 |
| Treasury Stock, at cost (2.6 and zero shares at September 30, 2025 and December 31, 2024, respectively) | (20.3) | — |
| Total stockholders’ equity | 564.4 | 561.7 |
| Total liabilities and stockholders’ equity | $844.3 | $1,091.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.