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Arvinas ARVN ARV-806 — Program-specific external expense

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Other financials

Income statement

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Revenue$15.6M-91.7%
Operating income-$63.8M-189%
Net income-$57.6M-169%
EPS (diluted)-$0.90-179%

Balance sheet

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Cash & equivalents$87.3M+7.8%
Total debt$8.6M-19.6%
Total equity$386.8M-41.4%
Total assets$647.5M-35.3%

Cash flow

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Operating cash flow-$69.2M+22.2%
CapEx$1.3M+225%
Free cash flow-$70.5M+21.1%

Valuation

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Market cap$518.11M-4.6%
Enterprise value$439.41M-7.1%
P/S5.8×+4.5×

Profitability

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Operating margin-283.8%-310pp
Net margin-247.5%-260pp
FCF margin-287.4%

Returns & leverage

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Return on equity-42.3%-53.5pp
Debt / equity0.0×
Current ratio5.4×+0.9×

Where this comes from

Reported directly by Arvinas in its filing.

Tagged under the XBRL concept arvn:ResearchAndDevelopmentExpenseProgramSpecific.

The official record: Arvinas’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arvinas's ARV-806 — program-specific external expense?
Arvinas (ARVN) reported ARV-806 — program-specific external expense of $6.5M in Q1 2026.
How has Arvinas's ARV-806 — program-specific external expense changed year-over-year?
Arvinas's ARV-806 — program-specific external expense increased by 622.2% year-over-year, from $900K to $6.5M.
What does ARV-806 — program-specific external expense mean?
This metric represents the direct, third-party costs incurred specifically for the research, development, and clinical advancement of a single drug candidate or therapeutic program. It captures outsourced expenses such as contract research organization fees, clinical trial site costs, and manufacturing services dedicated to this specific asset. Tracking these expenditures allows investors to assess the capital intensity and resource allocation priority assigned to individual pipeline programs within the company's broader R&D portfolio.