Filing Flows › Arvinas (ARVN) › Q2 2026
Arvinas (ARVN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Arvinas (ARVN) reported revenue of $250M for the second quarter 2026 (Q2 2026), up 11-fold from a year earlier and up 16-fold from the quarter before. Operating margin was 65.7%, net earnings $169M (67.8% of revenue).
Arvinas, Q2 2026: revenue $250M (11× year over year), operating margin 65.7%, net earnings $169M, operating cash flow −$48.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250M | 16× | 11× |
| Operating profit | $164M | — | — |
| Net earnings | $169M | — | — |
| Operating cash flow | −$48.3M | — | — |
What changed
Revenue was $249.7M in Q2 2026, up 1015% year over year and up 1501% from the previous quarter.
Operating profit was $164.1M, a 65.7% margin (up 384.9 points year over year). Total costs fell 9% while revenue rose 1015%. Net earnings were $169.4M. The effective tax rate was 0.1%.
Operating cash flow was −$48.3M. Non-cash charges added back $700K of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items used $224.3M. Capital expenditures of $200K exceeded it, leaving free cash flow of −$48.5M.
Questions
What was Arvinas' revenue in the second quarter 2026?
Arvinas (ARVN) reported revenue of $250M for the second quarter 2026 (Q2 2026), up 11-fold from a year earlier and up 16-fold from the quarter before.
Was Arvinas profitable in the second quarter 2026?
Operating profit was $164M (65.7% of revenue) and net earnings $169M.
Source: Arvinas 10-Q on SEC EDGAR.