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Arvinas ARVN Other programs — 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 other programs — program-specific external expense?
Arvinas (ARVN) reported other programs — program-specific external expense of $2.6M in Q1 2026.
How has Arvinas's other programs — program-specific external expense changed year-over-year?
Arvinas's other programs — program-specific external expense increased by 52.9% year-over-year, from $1.7M to $2.6M.
What is the long-term trend for Arvinas's other programs — program-specific external expense?
Over 3 years (2022 to 2025), Arvinas's other programs — program-specific external expense has grown at a 35.7% compound annual growth rate (CAGR), from $1.8M to $4.5M.
What does other programs — program-specific external expense mean?
This metric represents the direct external costs, such as clinical trial fees, contract research organization charges, and manufacturing expenses, specifically attributable to the company's secondary or exploratory research and development programs. It captures the capital allocation toward pipeline assets that are not categorized under the company's primary lead therapeutic candidates. Monitoring this spend provides insight into the company's investment strategy for diversifying its clinical portfolio and the pace of early-stage drug development.