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Arvinas ARVN Operating Income

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Other financials

Income statement

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Revenue$15.6M-91.7%
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$572.13M+18.3%
Enterprise value$493.43M+30.3%
P/S6.4×+5.1×

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 us-gaap:OperatingIncomeLoss.

The source filing: Arvinas’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 5:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-033669
(dollars and shares in millions, except per share amounts) / Consolidated Statements of OperationsFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Research and development60.390.8
General and administrative19.126.6
Total operating expenses79.4117.4
(Loss) income from operations(63.8)71.4
Other income
Other expense, net(0.1)
Interest income, net6.411.7
Total other income6.311.7

Item 1. Financial Statements (Unaudited)

FAQ

What is Arvinas's operating income?
Arvinas (ARVN) reported operating income of -$63.8M in Q1 2026.
How has Arvinas's operating income changed year-over-year?
Arvinas's operating income decreased by 189.4% year-over-year, from $71.4M to -$63.8M.
What is the long-term trend for Arvinas's operating income?
Over 4 years (2021 to 2025), Arvinas's operating income has grown at a -10.9% compound annual growth rate (CAGR), from -$188.4M to -$118.5M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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