NASDAQ$ARVN

Arvinas Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Arvinas reported Q1 2026 revenue of $15.6M with a net loss of $57.6M ($0.90 per share).

Arvinas recorded $15.6 million collaboration revenue and a net loss of $57.6 million ($0.90 per share) versus $82.9 million income in the prior year when Pfizer collaboration accounting boosted results.

  • Collaboration revenue $15.6M; net loss $57.6M ($0.90 per share).
  • Prior year included $82.9M net income from Pfizer collaboration accounting.
  • PROTAC platform programs in oncology.
  • R&D and clinical trial spend primary use of cash.
  • Partnership milestones drive revenue volatility.

Headline financials

Total Revenue

$15.6M

Previous: $189M-91.7%
EPS (adj)

-$0.90

Previous: $1.14-178.9%
Capital Expenditures

-$1.3M

Previous: -$400K-225.0%
Net Income

-$57.6M

Previous: $82.9M-169.5%
Operating Income

-$63.8M

Previous: $71.4M-189.4%

Revenue & EPS history

Arvinas · Revenue · Quarterly

$15.6M

Q1 2026-91.7%vs Q1 2025
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

Arvinas provides no EPS guidance; pipeline value tied to vepdegestrant and other clinical readouts.

Tailwinds

  • Ongoing collaboration revenue streams.
  • Differentiated protein degradation platform.

Headwinds

  • Large quarterly loss and cash burn.
  • Prior-year income not repeatable.
  • Clinical and regulatory binary outcomes.

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 2026

Historical avgQ1 2026

-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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