Arvinas Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	101.5	100.5	311.7	81.3	108.3	588.4
Short-Term Investments	686.1	938.9	949.3	1,124	1,394	100.2
Cash & Short-Term Investments	787.6	1,039	1,261	1,205	1,503	688.6
Cash Growth	-29.78%	-17.57%	4.62%	-19.79%	118.21%	145.17%
Accounts Receivable	20.3	5.7	-	1	15	1
Other Receivables	6.5	8	7.2	7	10.7	7.4
Receivables	26.8	13.7	7.2	8	25.7	8.4
Prepaid Expenses	11.9	14.2	6.5	21.4	19.7	6.1
Restricted Cash	-	-	5.5	5.5	4.5	-
Total Current Assets	826.3	1,067	1,280	1,240	1,553	703.1
Property, Plant & Equipment	14.1	16	14	17.8	16.6	14.3
Long-Term Accounts Receivable	3.7	8.1	10.4	10.8	12.5	-
Other Long-Term Assets	0.2	-	-	-	-	-
Total Assets	844.3	1,091	1,305	1,269	1,582	717.4
Accounts Payable	18	13.4	17.8	5.7	31.3	7.1
Accrued Expenses	33.7	55.2	73.7	58.7	23.1	18.9
Current Portion of Leases	1.7	1.8	1.9	1.8	1.1	1
Current Income Taxes Payable	3.8	3.2	0.7	10.3	-	-
Current Unearned Revenue	87.7	156.2	163	218.6	206.2	22.2
Total Current Liabilities	144.9	229.8	257.1	295.1	261.7	49.2
Long-Term Debt	0.4	0.6	0.8	1	1	2
Long-Term Leases	7.2	7.3	0.5	2.7	2.9	1.1
Long-Term Unearned Revenue	127.4	292	386.2	405.1	534.3	22.9
Total Liabilities	279.9	529.7	644.6	703.9	799.9	75.2
Common Stock	0.1	0.1	0.1	0.1	-	-
Additional Paid-In Capital	2,128	2,092	1,996	1,549	1,469	1,134
Retained Earnings	-1,545	-1,532	-1,333	-965.4	-682.9	-491.9
Comprehensive Income & Other	1.4	1	-3.1	-19.2	-4.6	0.6
Total Common Equity	564.4	561.7	660	564.9	781.7	642.2
Shareholders' Equity	564.4	561.7	660	564.9	781.7	642.2
Total Liabilities & Equity	844.3	1,091	1,305	1,269	1,582	717.4
Total Debt	9.3	9.7	3.2	5.5	5	4.1
Net Cash (Debt)	778.3	1,030	1,258	1,200	1,498	684.5
Net Cash Growth	-30.51%	-18.14%	4.83%	-19.89%	118.79%	147.57%
Net Cash Per Share	10.71	14.32	22.66	22.55	29.95	17.33
Filing Date Shares Outstanding	64.22	68.77	68.08	53.27	53.05	48.87
Total Common Shares Outstanding	70.8	68.8	68	53.2	53	48.46
Working Capital	681.4	837.5	1,023	945.1	1,291	653.9
Book Value Per Share	7.97	8.16	9.71	10.62	14.75	13.25
Tangible Book Value	564.4	561.7	660	564.9	781.7	642.2
Tangible Book Value Per Share	7.97	8.16	9.71	10.62	14.75	13.25
Machinery	23.8	23.3	21.1	19.1	15	12.3
Leasehold Improvements	9.1	9.3	11.5	10.9	8.4	6.1

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q