Jun 2026 (Q2 FY26) — Aug 4, 2026
Arvinas Q2 FY26 — VEPPANU Approval & Pipeline Advancement
Read the full callArvinas earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 250 | +1014.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 65.7 | +384.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 169 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $9.41 on 14 Oct 2025 → $7.16. High $13.83 (2 Feb 2026), low $6.82 (14 Oct 2026).
Overview
Call summaries
Arvinas Q2 FY26 — VEPPANU Approval & Pipeline Advancement
Read the full callEvery analysed call
Financials
Net profit, year on year: +377% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 59 | 189 | 22 | 42 | 10 | 16 | 250 |
| Operating profit | -60 | -58 | 71 | -71 | -44 | -75 | -64 | 164 |
| Operating margin | −58.9% | −98.1% | 37.8% | −319.2% | −104.5% | −785.3% | −409.0% | 65.7% |
| Other income | 12 | 13 | 12 | 10 | 9 | 7 | 6 | 6 |
| Interest | 0 | 0 | 0 | 0 | — | — | — | — |
| Profit before tax | -49 | -45 | 83 | -61 | -35 | -67 | -57 | 170 |
| Tax rate | −1.2% | 0.7% | 0.2% | 0.5% | −0.9% | −0.1% | −0.2% | 0.1% |
| Net profit | -49 | -45 | 83 | -61 | -35 | -67 | -58 | 169 |
| EPS ($ per share) | -0.68 | — | 1.14 | -0.84 | -0.48 | — | -0.90 | 2.61 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -302 | -373 | -492 | -683 | -965 | -1,333 | -1,532 | -1,612 |
| Total liabilities | 63 | 75 | 75 | 800 | 704 | 645 | 530 | 284 |
| Fixed assets | 4 | 8 | 12 | 13 | 13 | 12 | 7 | 5 |
| Investments | 185 | 272 | 100 | 1,394 | 1,124 | 949 | 939 | 543 |
| Total assets | 199 | 302 | 717 | 1,582 | 1,269 | 1,305 | 1,091 | 718 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -16 | -41 | -90 | 559 | -273 | -348 | -259 | -274 |
| Cash from investing | -180 | -93 | 164 | -1,314 | 243 | 204 | 35 | 408 |
| Cash from financing | 168 | 140 | 505 | 279 | 5 | 375 | 8 | -91 |
| Net cash flow | -28 | 6 | 579 | -476 | -26 | 230 | -217 | 42 |
| Capital expenditure | -3 | -6 | -6 | -5 | -7 | -3 | -2 | -2 |
| Free cash flow | -19 | -47 | -96 | 555 | -280 | -351 | -261 | -276 |
35 filings between Nov 7, 2025 and Jun 24, 2026.
Purchases
$268.1K
1 purchase by 1 insider
Sales
$1.42M
23 sales by 6 insiders
9% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Houston John G | — | $466.2K | Feb 27, 2026 |
| Morrison Briggs | $268.1K | — | Mar 6, 2026 |
| Berkowitz Noah | — | $249.4K | May 11, 2026 |
| Teel Randy | — | $226.5K | May 21, 2026 |
| Saik Andrew | — | $218.2K | Jun 24, 2026 |
| Cacace Angela M | — | $214.0K | Jun 17, 2026 |
| Loomis David K | — | $46.9K | May 11, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 24, 2026 | Cunningham Everett Director | Award | 15,527 | $0 |
| Jun 24, 2026 | Kennedy Edward Moore Jr. Director | Award | 15,527 | $0 |
| Jun 24, 2026 | Morrison Briggs Director | Award | 15,527 | $0 |
| Jun 24, 2026 | Norwalk Leslie V Director | Award | 15,527 | $0 |
| Jun 24, 2026 | Bain Linda Director | Award | 15,527 | $0 |
| Jun 24, 2026 | Smaldone Alsup Laurie Director | Award | 15,527 | $0 |
| Jun 24, 2026 | Saik Andrew Chief Financial Officer | Sale 10b5-1 plan | 5,696 | $46.5K |
| Jun 17, 2026 | Cacace Angela M Chief Scientific Officer | Sale 10b5-1 plan | 2,576 | $19.6K |
| May 21, 2026 | Teel Randy President and CEO | Sale | 2,209 | $20.0K |
| May 11, 2026 | Teel Randy President and CEO | Sale | 9,657 | $96.0K |
| May 11, 2026 | Berkowitz Noah Chief Medical Officer | Sale | 11,108 | $110.4K |
| May 11, 2026 | Cacace Angela M Chief Scientific Officer | Sale | 9,657 | $96.0K |
| May 11, 2026 | Loomis David K VP, Chief Accounting Officer | Sale | 1,919 | $19.1K |
| May 11, 2026 | Saik Andrew Chief Financial Officer | Sale | 11,139 | $110.7K |
| Mar 18, 2026 | Berkowitz Noah Chief Medical Officer | Sale | 6,435 | $71.4K |
| Mar 6, 2026 | Morrison Briggs Director | Purchase | 20,000 | $268.1K |
| Feb 27, 2026 | Houston John G Director | Sale | 4,688 | $62.1K |
| Feb 27, 2026 | Houston John G Director | Sale | 18,822 | $249.2K |
| Feb 27, 2026 | Houston John G Director | Sale | 11,787 | $154.9K |
| Feb 26, 2026 | Teel Randy President and CEO | Award | 147,179 | $0 |
| Feb 26, 2026 | Cacace Angela M Chief Scientific Officer | Award | 45,000 | $0 |
| Feb 26, 2026 | Saik Andrew Chief Financial Officer | Award | 45,000 | $0 |
| Feb 26, 2026 | Berkowitz Noah Chief Medical Officer | Award | 45,000 | $0 |
| Feb 26, 2026 | Loomis David K VP, Chief Accounting Officer | Award | 12,420 | $0 |
| Feb 23, 2026 | Teel Randy President and CEO | Sale | 1,038 | $12.6K |
| Feb 23, 2026 | Teel Randy President and CEO | Sale | 3,748 | $45.6K |
| Feb 23, 2026 | Cacace Angela M Chief Scientific Officer | Sale | 1,038 | $12.6K |
| Feb 23, 2026 | Cacace Angela M Chief Scientific Officer | Sale | 2,571 | $31.3K |
| Feb 23, 2026 | Loomis David K Chief Accounting Officer | Sale | 1,108 | $13.5K |
| Feb 13, 2026 | Teel Randy President and CEO | Sale | 4,403 | $52.4K |
| Feb 13, 2026 | Loomis David K Chief Accounting Officer | Sale | 1,016 | $12.1K |
| Feb 13, 2026 | Berkowitz Noah Chief Medical Officer | Sale | 5,685 | $67.6K |
| Feb 13, 2026 | Cacace Angela M Chief Scientific Officer | Sale | 4,592 | $54.6K |
| Feb 13, 2026 | Saik Andrew Chief Financial Officer | Sale | 5,134 | $61.0K |
| Nov 7, 2025 | Loomis David K Chief Accounting Officer | Sale | 230 | $2.3K |
| Sep 22, 2025 | Morrison Briggs Director | Purchase | 30,000 | $227.0K |
| Jun 25, 2025 | AGARWAL SUNIL Director | Award | 16,025 | $0 |
| Jun 25, 2025 | Norwalk Leslie V Director | Award | 16,025 | $0 |
| Jun 25, 2025 | Cunningham Everett Director | Award | 16,025 | $0 |
| Jun 25, 2025 | Kennedy Edward Moore Jr. Director | Award | 16,025 | $0 |
| Jun 25, 2025 | Bain Linda Director | Award | 16,025 | $0 |
| Jun 25, 2025 | YOUNG JOHN D Director | Award | 16,025 | $0 |
| Jun 25, 2025 | Morrison Briggs Director | Award | 16,025 | $0 |
| Jun 25, 2025 | Smaldone Alsup Laurie Director | Award | 16,025 | $0 |
| Jun 24, 2025 | Saik Andrew Chief Financial Officer | Sale | 5,700 | $43.4K |
| Jun 17, 2025 | Cacace Angela M Chief Scientific Officer | Sale | 2,583 | $19.3K |
| May 9, 2025 | Berkowitz Noah Chief Medical Officer | Award | 59,600 | $0 |
| May 9, 2025 | Cacace Angela M Chief Scientific Officer | Award | 59,600 | $0 |
| May 9, 2025 | Saik Andrew Chief Financial Officer | Award | 59,600 | $0 |
| May 9, 2025 | Loomis David K Chief Accounting Officer | Award | 11,825 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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