Arvinas Q3 revenue falls to $0.5 million; net loss widens to $53.9 million
Arvinas reported third-quarter 2026 results on November 3, 2026. Revenue was $0.5 million, down from $41.9 million a year earlier, and the net loss widened to $53.9 million, or $0.82 per share, from $35.1 million, or $0.48 per share. The company said its cash, cash equivalents, restricted cash, and marketable securities of $558.9 million are sufficient to fund planned operations into the second half of 2028.
Key points
- Revenue was $0.5 million for the quarter, all from sales-based royalties under the Rigel License Agreement, versus $41.9 million a year earlier.
- Net loss was $53.9 million, or $0.82 per share, compared with a net loss of $35.1 million, or $0.48 per share, in the prior-year quarter.
- Cash, cash equivalents, restricted cash, and marketable securities were $558.9 million at September 30, 2026, down from $685.4 million at December 31, 2025.
- Dosing began in the monotherapy cohort of a Phase 1/2 trial of ARV-6723, and the company expects to share data from three Phase 1 programs in the fourth quarter of 2026 and in 2027.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.