ARVINAS, INC.
For the period ended Jun 30, 2026. Filed Aug 4, 2026.
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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.
Jun 30, 2026 · Filed Aug 4, 2026
ARVN$6.92+2.4%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (unaudited)
| (dollars and shares in millions, except per share amounts) | For the Three Months EndedJune 30, | For the Six Months EndedJune 30, | ||
|---|---|---|---|---|
| Consolidated Statements of Operations | 2026 | 2025 | 2026 | 2025 |
| Revenue | $249.7 | $22.4 | $265.3 | $211.2 |
| Operating expenses: | ||||
| Cost of license revenue | 9.0 | — | 9.0 | — |
| Research and development | 52.6 | 68.6 | 113.0 | 159.4 |
| General and administrative | 24.0 | 25.3 | 43.0 | 51.9 |
| Total operating expenses | 85.6 | 93.9 | 165.0 | 211.3 |
| Income (loss) from operations | 164.1 | (71.5) | 100.3 | (0.1) |
| Other income | ||||
| Other expense, net | — | (0.3) | (0.1) | (0.4) |
| Interest income, net | 5.5 | 10.3 | 11.9 | 22.0 |
| Total other income | 5.5 | 10.0 | 11.8 | 21.6 |
| Net income (loss) before income taxes | 169.6 | (61.5) | 112.1 | 21.5 |
| Income tax (expense) benefit | (0.2) | 0.3 | (0.3) | 0.2 |
| Net income (loss) | $169.4 | $(61.2) | $111.8 | $21.7 |
| Earnings (loss) per common share | ||||
| Basic | $2.61 | $(0.84) | $1.74 | $0.30 |
| Diluted | $2.58 | $(0.84) | $1.70 | $0.30 |
| Weighted average common shares outstanding | ||||
| Basic | 64.8 | 73.0 | 64.4 | 72.8 |
| Diluted | 65.7 | 73.0 | 65.7 | 73.0 |
| (dollars in millions) | For the Three Months EndedJune 30, | For the Six Months EndedJune 30, | ||
|---|---|---|---|---|
| Consolidated Statements of Comprehensive Income (Loss) | 2026 | 2025 | 2026 | 2025 |
| Net income (loss) | $169.4 | $(61.2) | $111.8 | $21.7 |
| Other comprehensive loss: | ||||
| Unrealized loss on available-for-sale securities | (0.4) | (0.5) | (2.0) | — |
| Comprehensive income (loss) | $169.0 | $(61.7) | $109.8 | $21.7 |
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