NASDAQ$ARVN

Arvinas Inc. · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Arvinas reported Q1 2025 revenue of $188.8M with net income of $82.9M and diluted EPS of $1.14.

Revenue surged to $188.8 million as remaining Novartis collaboration revenue was recognized after completion of the technology transfer period. Net income was $82.9 million, or $1.14 per diluted share, versus a loss a year ago when collaboration revenue was still ramping.

  • Q1 revenue $188.8M on collaboration and licensing recognition.
  • Net income $82.9M; diluted EPS $1.14.
  • Novartis technology transfer period completed in 2024.
  • Pipeline focus shifts to partnered clinical programs.

Headline financials

Total Revenue

$189M

Previous: $25.3M+646.2%
EPS (adj)

$1.14

Previous: -$0.97+217.5%
R&D Expenses

$90.8M

No prior period
G&A Expenses

$26.6M

No prior period
Capital Expenditures

-$400K

Previous: -$100K-300.0%
Net Income

$82.9M

Previous: -$69.4M+219.5%
Operating Income

$71.4M

Previous: -$83.3M+185.7%

Revenue & EPS history

Arvinas · Revenue · Quarterly

$189M

Q1 2025+646.2%vs Q1 2024
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

Arvinas · $30.3M total across 1 segment · Q3 2022

  • Collaboration Revenue
    $30.3M+225.8%

Forward guidance

After recognizing remaining Novartis collaboration revenue, Arvinas funds pipeline development through cash on hand and partnerships; near-term revenue depends on new collaborations.

Tailwinds

  • Strong cash position following collaboration milestones.
  • Novartis partnership on luxdegalutamide clinical transition.
  • Platform validation in targeted protein degradation.

Headwinds

  • Collaboration revenue may decline post-technology transfer.
  • Clinical and regulatory risk on internal programs.
  • R&D spend remains elevated.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-2.4%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-1.6%

Avg return

30 days after

30%

9 / 30 earnings

Positive

+11.8%

Q1 2019

Best reaction

-24.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.4%-10.2%-31.0%
Q4 2025+5.2%+4.7%-7.4%
Q3 2025+0.5%+17.3%+34.1%
Q1 2025-24.8%-27.8%-25.2%
Q4 2024-6.8%-3.5%-54.9%
Q3 2024-3.9%-2.5%-2.8%
Q2 2024-1.0%-7.0%-6.3%
Q1 2024+0.3%-2.5%-14.1%
Q4 2023-5.8%-3.1%-15.4%
Q3 2023-2.5%-11.5%+93.1%
Q2 2023+2.1%+6.8%+12.8%
Q1 2023+4.9%+3.0%-1.2%
Q4 2022-7.0%-10.8%-23.0%
Q3 2022-4.0%+17.9%-12.5%
Q2 2022+3.8%+4.5%-19.3%
Q1 2022-16.4%-22.6%-19.0%
Q4 2021-2.6%-4.4%-5.4%
Q3 2021+4.9%+1.2%-18.8%
Q2 2021-4.3%-8.9%-13.4%
Q1 2021-4.0%-9.1%-1.7%
Q4 2020-1.0%-8.0%-15.6%
Q3 2020-3.6%+4.3%+18.6%
Q2 2020-5.0%-11.1%-23.0%
Q1 2020-0.9%-6.0%-17.7%
Q4 2019-3.2%-1.8%+14.2%
Q3 2019+3.3%+17.6%+79.4%
Q2 2019-4.6%-0.2%-1.5%
Q1 2019+11.8%+11.1%+0.8%
Q4 2018-3.0%-6.9%+42.9%
Q3 2018-0.1%+7.3%-13.6%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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