NASDAQ$ARVN

Arvinas Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Arvinas Inc. reported a net loss of $61.2 million for the second quarter ended June 30, 2025.

Arvinas reported revenue of $22.4 million and a net loss of $61.2 million for Q2 2025, driven by collaboration revenue and ongoing R&D investments. The company ended the quarter with $114.9 million in cash and cash equivalents and $909.3 million in total assets. Operating expenses included $68.6 million in R&D and $25.3 million in G&A.

  • Q2 2025 revenue totaled $22.4 million, down from $76.5 million in Q2 2024 due to changes in collaboration timelines.
  • Net loss widened to $61.2 million compared to $35.2 million in the prior-year quarter.
  • R&D expenses decreased to $68.6 million while advancing clinical programs including vepdegestrant.
  • Cash position stood at $114.9 million with total assets of $909.3 million at quarter end.

Headline financials

Total Revenue

$22.4M

Previous: $76.5M-70.7%
EPS (adj)

-$0.84

Previous: -$0.49-71.4%
Research and development expenses

$68.6M

Previous: $86.9M-21.1%
General and administrative expenses

$25.3M

Previous: $75.8M-66.6%
Capital Expenditures

-$1.6M

Previous: -$800K-100.0%
Net Income

-$61.2M

Previous: -$35.2M-73.9%
Operating Income

-$71.5M

Previous: -$48.5M-47.4%
Cash & Equivalents

$115M

Previous: $155M-25.8%
Total Assets

$909M

Previous: $1.28B-28.9%

Revenue & EPS history

Arvinas · Revenue · Quarterly

$22.4M

Q2 2025-70.7%vs Q2 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

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

  • Collaboration Revenue
    $30.3M+225.8%

Forward guidance

The company continues to advance its PROTAC pipeline with focus on vepdegestrant and other clinical candidates while managing costs.

Tailwinds

  • Strong cash position supports operations into 2028
  • Progress on multiple clinical programs including vepdegestrant NDA submission

Headwinds

  • Increased net loss in the quarter
  • Revenue decline from prior year due to collaboration adjustments

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-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
Q2 2025
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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