Filing Flows › Arvinas (ARVN) › Q2 2025
Arvinas (ARVN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Arvinas (ARVN) reported revenue of $22.4M for the second quarter 2025 (Q2 2025), -71% from a year earlier and -88% from the quarter before. Operating margin was -319.2%, net loss $61.2M (273.2% of revenue).
Arvinas, Q2 2025: revenue $22.4M (-71% year over year), operating margin -319.2%, net loss $61.2M, operating cash flow −$95.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.4M | -88% | -71% |
| Operating profit | −$71.5M | -200% | — |
| Net earnings | −$61.2M | -174% | — |
| Operating cash flow | −$95.4M | — | — |
What changed
Revenue was $22.4M in Q2 2025, down 71% year over year and down 88% from the previous quarter.
Operating costs exceeded revenue by $71.5M, an operating margin of -319.2%. Total costs fell 25% while revenue fell 71%. The quarter ended with a net loss of $61.2M, after a profit of $82.9M the previous quarter.
Operating cash flow was −$95.4M. Non-cash charges added back $800K of depreciation and amortization and $10.3M of share-based compensation. Working capital and other items used $45.3M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$96.6M.
Questions
What was Arvinas' revenue in the second quarter 2025?
Arvinas (ARVN) reported revenue of $22.4M for the second quarter 2025 (Q2 2025), -71% from a year earlier and -88% from the quarter before.
Was Arvinas profitable in the second quarter 2025?
Operating loss was $71.5M (-319.2% of revenue) and net loss $61.2M.
Source: Arvinas 10-Q on SEC EDGAR.