9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 58.9% per year over the past 5 years.
Operating margin has expanded, at -45.1% in the latest year.
Financial health
The company holds more cash ($143M) than total debt ($600000).
Total debt has grown slower than revenue (-21.4% vs 58.9% per year).
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$263M
-$81M
0.0%
-45.1%
-$276M
$600000
$143M
2024
$263M
-$199M
0.0%
-95.0%
-$261M
$800000
$101M
2023
$79M
-$367M
0.0%
-511.5%
-$351M
$1M
$312M
2022
$131M
-$283M
0.0%
-200.3%
-$280M
$1M
$81M
2021
$54M
-$191M
0.0%
-351.5%
$555M
$1M
$108M
2020
$26M
-$119M
0.0%
-466.4%
-$96M
$2M
$588M
2019
$43M
-$70M
0.0%
-119.8%
-$47M
$2M
$9M
2018
$14M
-$41M
0.0%
-305.8%
-$19M
$2M
$3M
2017
$8M
-$24M
0.0%
-326.7%
$4M
$310387
$31M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$16M
-$58M
0.0%
-409.0%
-$71M
$500000
$87M
Dec '25
—
-$67M
—
—
-$31M
$600000
$143M
Sep '25
—
-$35M
—
—
-$59M
$600000
$102M
Jun '25
—
-$61M
—
—
-$97M
$700000
$115M
Mar '25
$189M
$83M
0.0%
37.8%
-$89M
$700000
$81M
Dec '24
—
-$45M
—
—
-$84M
$800000
$101M
Sep '24
—
-$49M
—
—
-$129M
$800000
$85M
Jun '24
—
-$35M
—
—
$50M
$900000
$155M
Mar '24
—
-$69M
—
—
-$98M
$900000
$88M
Dec '23
—
-$155M
—
—
-$83M
$1M
$312M
Sep '23
—
-$64M
—
—
-$86M
$1M
$114M
Jun '23
—
-$67M
—
—
-$89M
$1M
$91M
Mar '23
—
-$82M
—
—
-$92M
$1M
$130M
Dec '22
—
-$83M
—
—
-$72M
$1M
$81M
Sep '22
—
-$66M
—
—
-$69M
$1M
$133M
Jun '22
—
-$70M
—
—
-$80M
$1M
$93M
Mar '22
—
-$63M
—
—
-$59M
$1M
$62M
Dec '21
$26M
-$53M
0.0%
-179.9%
-$38M
$1M
$108M
Sep '21
$9M
-$47M
0.0%
-514.1%
$680M
$1M
$256M
Jun '21
$6M
-$50M
0.0%
-926.8%
-$48M
$1M
$49M
Valuation over time
How the market has priced ARVN against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 13.4× (Mar '23) to 2.0× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is ARVN growing its revenue and profit?
Over the past 5 years, Arvinas, Inc.'s revenue has grown 58.9% per year. These are computed facts, not advice.
How much debt does ARVN have?
As of FY2025, Arvinas, Inc. reported $600000 of total debt against $143M of cash.
What is ARVN's profit margin?
In FY2025, gross margin was —, operating margin -45.1%, and net margin -30.8%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.