ARVINAS, INC.
For the period ended Sep 30, 2026. Filed Nov 3, 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.
Sep 30, 2026 · Filed Nov 3, 2026
ARVN$6.92+2.4%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (unaudited)
| (dollars and shares in millions, except per share amounts) | For the Three Months EndedSeptember 30, | For the Nine Months EndedSeptember 30, | ||
|---|---|---|---|---|
| Consolidated Statements of Operations | 2026 | 2025 | 2026 | 2025 |
| Revenue | $0.5 | $41.9 | $265.8 | $253.1 |
| Operating expenses: | ||||
| Cost of license revenue | 0.1 | — | 9.1 | — |
| Research and development | 46.9 | 64.7 | 159.8 | 224.1 |
| General and administrative | 12.6 | 21.0 | 55.7 | 72.9 |
| Total operating expenses | 59.6 | 85.7 | 224.6 | 297.0 |
| (Loss) income from operations | (59.1) | (43.8) | 41.2 | (43.9) |
| Other income | ||||
| Other expense, net | (0.1) | — | (0.2) | (0.4) |
| Interest income, net | 5.5 | 9.0 | 17.4 | 31.0 |
| Total other income | 5.4 | 9.0 | 17.2 | 30.6 |
| Net (loss) income before income taxes | (53.7) | (34.8) | 58.4 | (13.3) |
| Income tax expense | (0.2) | (0.3) | (0.5) | (0.1) |
| Net (loss) income | $(53.9) | $(35.1) | $57.9 | $(13.4) |
| (Loss) earnings per common share | ||||
| Basic | $(0.82) | $(0.48) | $0.89 | $(0.18) |
| Diluted | $(0.82) | $(0.48) | $0.88 | $(0.18) |
| Weighted average common shares outstanding | ||||
| Basic | 65.4 | 73.2 | 64.7 | 72.9 |
| Diluted | 65.4 | 73.2 | 65.7 | 72.9 |
| (dollars in millions) | For the Three Months EndedSeptember 30, | For the Nine Months EndedSeptember 30, | ||
|---|---|---|---|---|
| Consolidated Statements of Comprehensive (Loss) Income | 2026 | 2025 | 2026 | 2025 |
| Net (loss) income | $(53.9) | $(35.1) | $57.9 | $(13.4) |
| Other comprehensive (loss) income: | ||||
| Unrealized (loss) gain on available-for-sale securities | (0.9) | 0.4 | (2.9) | 0.4 |
| Comprehensive (loss) income | $(54.8) | $(34.7) | $55.0 | $(13.0) |
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