ARVINAS, INC.
For the period ended Jun 30, 2025. Filed Aug 6, 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.
Jun 30, 2025 · Filed Aug 6, 2025
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 EndedJune 30, | For the Six Months EndedJune 30, | ||
|---|---|---|---|---|
| Consolidated Statements of Operations | 2025 | 2024 | 2025 | 2024 |
| Revenue | $22.4 | $76.5 | $211.2 | $101.8 |
| Operating expenses: | ||||
| Research and development | 68.6 | 93.7 | 159.4 | 178.0 |
| General and administrative | 25.3 | 31.3 | 51.9 | 55.6 |
| Total operating expenses | 93.9 | 125.0 | 211.3 | 233.6 |
| Loss from operations | (71.5) | (48.5) | (0.1) | (131.8) |
| Other income | ||||
| Other expense, net | (0.3) | (0.1) | (0.4) | (0.1) |
| Interest income, net | 10.3 | 13.6 | 22.0 | 27.6 |
| Total other income | 10.0 | 13.5 | 21.6 | 27.5 |
| Net (loss) income before income taxes | (61.5) | (35.0) | 21.5 | (104.3) |
| Income tax benefit (expense) | 0.3 | (0.2) | 0.2 | (0.3) |
| Net (loss) income | $(61.2) | $(35.2) | $21.7 | $(104.6) |
| (Loss) earnings per common share | ||||
| Basic | $(0.84) | $(0.49) | $0.30 | $(1.46) |
| Diluted | $(0.84) | $(0.49) | $0.30 | $(1.46) |
| Weighted average common shares outstanding | ||||
| Basic | 73.0 | 71.9 | 72.8 | 71.7 |
| Diluted | 73.0 | 71.9 | 73.0 | 71.7 |
| (dollars in millions) | For the Three Months EndedJune 30, | For the Six Months EndedJune 30, | ||
|---|---|---|---|---|
| Consolidated Statements of Comprehensive (Loss) Income | 2025 | 2024 | 2025 | 2024 |
| Net (loss) income | $(61.2) | $(35.2) | $21.7 | $(104.6) |
| Other comprehensive loss: | ||||
| Unrealized (loss) gain on available-for-sale securities | (0.5) | 0.6 | — | (0.7) |
| Comprehensive (loss) income | $(61.7) | $(34.6) | $21.7 | $(105.3) |
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