Arvinas, Inc. (ARVN)

Arvinas Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-80.8	-198.9	-367.3	-282.5	-191
Depreciation & Amortization	3	4.6	4.8	6.3	4.8
Stock-Based Compensation	44	88.2	71.6	75.5	57.1
Other Adjustments	-6.3	-15.2	-9.9	9.8	10.2
Change in Receivables	7.3	-6.5	0.8	17.7	-17.3
Changes in Accounts Payable	-1.7	-21.2	17.3	20.2	27.9
Changes in Unearned Revenue	-242.6	-101	-74.6	-116.8	695.5
Changes in Other Operating Activities	3.3	-11.9	12.1	-3.7	-27.8
Operating Cash Flow	-273.8	-259.3	-347.8	-273.5	559.4
Capital Expenditures	-1.9	-1.8	-2.9	-6.8	-4.7
Sale of Property, Plant & Equipment	-	0.1	-	-	-
Purchases of Investments	-354.2	-652.1	-956.3	-886.4	-1,745
Proceeds from Sale of Investments	763.7	688.5	1,163	1,136	435.7
Investing Cash Flow	407.6	34.7	203.5	242.8	-1,314
Long-Term Debt Repaid	-0.2	-0.4	-	-	-
Net Long-Term Debt Issued (Repaid)	-0.2	-0.4	-	-	-
Issuance of Common Stock	0.7	8.3	374.7	4.7	278.6
Repurchase of Common Stock	-91.9	-	-	-	-
Net Common Stock Issued (Repurchased)	-91.2	8.3	374.7	4.7	278.6
Financing Cash Flow	-91.4	7.9	374.7	4.7	278.6
Net Cash Flow	42.4	-216.7	230.4	-26	-475.6
Free Cash Flow	-275.7	-261.1	-350.7	-280.3	554.7
FCF Margin	-104.99%	-99.13%	-446.75%	-213.32%	1034.89%
Free Cash Flow Per Share	-3.89	-3.63	-6.32	-5.27	11.09
Levered Free Cash Flow	-320.9	-330.6	-410.6	-383.3	504.7
Unlevered Free Cash Flow	-358.84	-382.26	-445.79	-385.92	507.3

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q