Arvinas, Inc. (ARVN)

Arvinas Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	114.9	100.5	311.7	81.3	108.3	588.4
Short-Term Investments	746.3	938.9	949.3	1,124	1,394	100.2
Cash & Short-Term Investments	861.2	1,039	1,261	1,205	1,503	688.6
Cash Growth	-29.91%	-17.57%	4.62%	-19.79%	118.21%	145.17%
Accounts Receivable	0.5	5.7	-	1	15	1
Other Receivables	10.6	8	7.2	7	10.7	7.4
Receivables	11.1	13.7	7.2	8	25.7	8.4
Prepaid Expenses	17.2	14.2	6.5	21.4	19.7	6.1
Restricted Cash	-	-	5.5	5.5	4.5	-
Total Current Assets	889.5	1,067	1,280	1,240	1,553	703.1
Property, Plant & Equipment	15.4	16	14	17.8	16.6	14.3
Long-Term Accounts Receivable	4.1	8.1	10.4	10.8	12.5	-
Other Long-Term Assets	0.3	-	-	-	-	-
Total Assets	909.3	1,091	1,305	1,269	1,582	717.4
Accounts Payable	16.6	13.4	17.8	5.7	31.3	7.1
Accrued Expenses	33.2	55.2	73.7	58.7	23.1	18.9
Current Portion of Leases	1.8	1.8	1.9	1.8	1.1	1
Current Income Taxes Payable	3.3	3.2	0.7	10.3	-	-
Current Unearned Revenue	102.9	156.2	163	218.6	206.2	22.2
Total Current Liabilities	157.8	229.8	257.1	295.1	261.7	49.2
Long-Term Debt	0.5	0.6	0.8	1	1	2
Long-Term Leases	7.6	7.3	0.5	2.7	2.9	1.1
Long-Term Unearned Revenue	134.1	292	386.2	405.1	534.3	22.9
Total Liabilities	300	529.7	644.6	703.9	799.9	75.2
Common Stock	0.1	0.1	0.1	0.1	-	-
Additional Paid-In Capital	2,118	2,092	1,996	1,549	1,469	1,134
Retained Earnings	-1,510	-1,532	-1,333	-965.4	-682.9	-491.9
Comprehensive Income & Other	1	1	-3.1	-19.2	-4.6	0.6
Total Common Equity	609.3	561.7	660	564.9	781.7	642.2
Shareholders' Equity	609.3	561.7	660	564.9	781.7	642.2
Total Liabilities & Equity	909.3	1,091	1,305	1,269	1,582	717.4
Total Debt	9.9	9.7	3.2	5.5	5	4.1
Net Cash (Debt)	851.3	1,030	1,258	1,200	1,498	684.5
Net Cash Growth	-30.60%	-18.14%	4.83%	-19.89%	118.79%	147.57%
Net Cash Per Share	11.75	14.32	22.66	22.55	29.95	17.33
Filing Date Shares Outstanding	73.42	68.77	68.08	53.27	53.05	48.87
Total Common Shares Outstanding	73.2	68.8	68	53.2	53	48.46
Working Capital	731.7	837.5	1,023	945.1	1,291	653.9
Book Value Per Share	8.32	8.16	9.71	10.62	14.75	13.25
Tangible Book Value	609.3	561.7	660	564.9	781.7	642.2
Tangible Book Value Per Share	8.32	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	9.3	11.5	10.9	8.4	6.1

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q