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ARVINAS, INC.

For the period ended Dec 31, 2025. Filed Feb 24, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 24, 2026

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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Contents

Consolidated Statements of Changes in Stockholders’ Equity

Common · Accumulated Deficit · AdditionalPaid-in Capital · Accumulated OtherComprehensiveLoss (Income) · Treasury · TotalStockholders'Equity
(dollars and shares in millions) · Shares · Amount · Shares · Amount
Balance as of December 31, 202253.2$0.1$(965.4)$1,549.4$(19.2)—$—$564.9
Stock-based compensation———71.6———71.6
Net loss——(367.3)————(367.3)
Issuance of common stock under equity incentive plans0.4——4.5———4.5
Common stock issued, net of issuance costs of $17.0 million14.4——370.2———370.2
Unrealized gain on available-for-sale securities————16.1——16.1
Balance as of December 31, 202368.00.1(1,332.7)1,995.7(3.1)——660.0
Stock-based compensation———88.2———88.2
Net loss——(198.9)————(198.9)
Issuance of common stock under equity incentive plans0.8——8.3———8.3
Unrealized gain on available-for-sale securities————4.1——4.1
Balance as of December 31, 202468.80.1(1,531.6)2,092.21.0——561.7
Stock-based compensation———44.0———44.0
Net loss——(80.8)————(80.8)
Issuance of common stock under equity incentive plans1.3——0.7———0.7
Issuance of common stock for pre-funded warrants3.4———————
Share repurchases (Treasury stock)—————10.0(91.9)(91.9)
Unrealized gain on available-for-sale securities————0.2——0.2
Balance as of December 31, 202573.5$0.1$(1,612.4)$2,136.9$1.210.0$(91.9)$433.9

F - 6

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.