Complete Filing Data
ARVINAS, INC. reported Stockholders Equity of $433.90 million for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean ARVINAS, INC. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$80.8M | -$198.9M | -$367.3M | -$282.5M | -$191.0M | -$119.3M | -$70.3M | -$41.5M | -$24.0M |
| Revenues | $262.6M | $263.4M | $78.5M | $131.4M | $53.6M | $25.9M | $43.0M | $14.3M | $7.6M |
| Research And Development Expense | $285.2M | $348.2M | $379.7M | $315.0M | $180.4M | $108.4M | $67.2M | $45.2M | $28.8M |
| Operating Income Loss | -$118.5M | -$250.2M | -$401.5M | -$263.2M | -$188.4M | -$120.8M | -$51.5M | -$43.8M | -$24.8M |
| Operating Expenses | $381.1M | $513.6M | $480.0M | $394.6M | $242.0M | $146.7M | $94.5M | $58.1M | $32.3M |
| Nonoperating Income Expense | $38.0M | $51.9M | $37.6M | $12.2M | $4.3M | $5.6M | $5.9M | $2.3M | $711.1K |
| General And Administrative Expense | $95.9M | $165.4M | $100.3M | $79.6M | $61.6M | $38.3M | $27.3M | $12.9M | $3.5M |
| Other Nonoperating Income Expense | -$400.0K | -$2.9M | -$1.2M | $200.0K | $2.5M | $2.1M | $1.4M | $102.7K | $554.2K |
| Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent | $200.0K | $4.1M | $16.1M | -$14.5M | -$5.2M | $500.0K | $300.0K | -$208.0K | $18.9K |
| Comprehensive Income Net Of Tax | -$80.6M | -$194.8M | -$351.2M | -$297.0M | -$196.2M | -$118.8M | -$70.0M | -$41.7M | -$24.0M |
| Interest Expense | $100.0K | $100.0K | $100.0K | $57.4K | $50.4K | ||||
| Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax | -$14.6M | -$5.2M | $500.0K | $300.0K | -$208.0K | $18.9K | |||
| Income Tax Expense Benefit | $300.0K | $600.0K | $900.0K | $20.9M | $0.00 | $0.00 | |||
| Income Loss From Equity Method Investments | $0.00 | $0.00 | -$2.5M | -$10.6M | -$6.9M | -$4.1M | -$24.7M | $0.00 | |
| Net Income Loss Available To Common Stockholders Basic | -$119.3M | -$70.3M | -$239.8M | -$28.6M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 | Q1 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$35.1M | -$61.2M | $82.9M | -$49.2M | -$35.2M | -$69.4M | -$64.0M | -$66.6M | -$81.9M | -$66.2M | -$70.0M | -$63.4M | -$46.8M | -$50.3M | -$41.0M | -$30.8M | -$25.2M | -$21.7M | -$21.0M | -$17.7M | -$17.2M | -$14.4M | -$16.1M | -$13.4M | -$7.9M | -$4.2M | -$4.7M | -$6.4M | -$6.7M | -$6.2M |
| Revenues | $41.9M | $22.4M | $188.8M | $102.4M | $76.5M | $25.3M | $34.6M | $54.5M | $32.5M | $33.2M | $33.8M | $26.5M | $9.3M | $5.5M | $5.5M | $7.6M | $5.7M | $6.2M | $4.9M | $30.1M | $4.0M | $4.0M | $3.4M | $3.4M | $3.4M | $4.1M | $2.6M | $1.7M | $1.7M | $1.7M |
| Research And Development Expense | $64.7M | $68.6M | $90.8M | $86.9M | $93.7M | $84.3M | $85.9M | $103.4M | $95.3M | $77.5M | $75.3M | $64.0M | $40.6M | $43.0M | $34.9M | $30.0M | $23.4M | $21.7M | $20.4M | $16.6M | $16.0M | $14.2M | $14.6M | $13.1M | $10.3M | $7.1M | $6.7M | $7.2M | $7.8M | $7.1M |
| Operating Income Loss | -$43.8M | -$71.5M | $71.4M | -$60.3M | -$48.5M | -$83.3M | -$73.9M | -$74.6M | -$87.7M | -$64.3M | -$65.8M | -$57.7M | -$47.3M | -$51.9M | -$41.7M | -$31.7M | -$26.5M | -$23.4M | -$22.8M | $5.5M | -$18.4M | -$15.8M | -$16.9M | -$14.1M | -$8.5M | -$4.3M | -$5.3M | -$6.4M | -$6.7M | -$6.3M |
| Operating Expenses | $85.7M | $93.9M | $117.4M | $162.7M | $125.0M | $108.6M | $108.5M | $129.1M | $120.2M | $97.5M | $99.6M | $84.2M | $56.6M | $57.4M | $47.2M | $39.3M | $32.2M | $29.7M | $27.7M | $24.5M | $22.4M | $19.8M | $20.4M | $17.4M | $11.9M | $8.4M | $7.9M | $8.1M | $8.4M | $8.0M |
| Nonoperating Income Expense | $9.0M | $10.0M | $11.7M | $11.7M | $13.5M | $14.0M | $10.0M | $9.0M | $6.5M | $3.2M | $1.7M | $1.1M | $500.0K | $1.6M | $700.0K | $928.2K | $1.3M | $1.7M | $1.7M | $1.5M | $1.3M | $1.4M | $855.7K | $671.2K | $663.0K | $131.7K | $579.0K | $14.1K | $46.5K | $71.4K |
| General And Administrative Expense | $21.0M | $25.3M | $26.6M | $75.8M | $31.3M | $24.3M | $22.6M | $25.7M | $24.9M | $20.0M | $24.3M | $20.2M | $16.0M | $14.4M | $12.3M | $9.3M | $8.8M | $7.9M | $7.3M | $8.0M | $6.4M | $5.6M | $5.8M | $4.3M | $1.6M | $1.2M | $1.2M | $857.3K | $570.0K | $929.8K |
| Other Nonoperating Income Expense | $0.00 | -$300.0K | -$2.6M | -$100.0K | $0.00 | $0.00 | $0.00 | -$1.1M | -$200.0K | -$100.0K | -$100.0K | $200.0K | $1.2M | $200.0K | $144.2K | $307.7K | $390.0K | $405.3K | $191.7K | $243.1K | -$315.8K | $160.1K | $130.9K | $127.4K | $553.1K | $607.00 | $159.00 | $264.00 | ||
| Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent | $400.0K | -$500.0K | $500.0K | $7.9M | $600.0K | -$1.3M | $3.0M | $400.0K | $6.6M | -$2.8M | -$3.3M | -$14.1M | -$100.0K | -$200.0K | -$800.0K | -$584.3K | $2.3M | -$710.2K | -$103.5K | $220.1K | $297.8K | $49.4K | -$28.8K | -$58.0K | $9.3K | |||||
| Comprehensive Income Net Of Tax | -$34.7M | -$61.7M | $83.4M | -$41.3M | -$34.6M | -$70.7M | -$61.0M | -$66.2M | -$75.3M | -$69.0M | -$73.3M | -$77.5M | -$46.9M | -$50.5M | -$41.8M | -$31.4M | -$23.0M | -$22.4M | -$17.8M | -$16.9M | -$14.1M | -$13.3M | -$7.9M | -$4.2M | -$6.4M | |||||
| Interest Expense | $8.1K | $8.1K | $16.3K | $16.3K | $16.3K | $16.3K | $16.3K | $22.9K | $22.8K | $23.6K | $24.6K | $12.3K | $9.9K | $10.7K | $11.5K | $12.2K | $13.0K | $13.7K | ||||||||||||
| Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax | -$2.8M | -$3.3M | -$14.1M | -$200.0K | -$200.0K | -$800.0K | -$584.3K | $2.3M | -$710.2K | -$103.5K | $220.1K | $297.8K | $49.4K | -$28.8K | -$58.0K | |||||||||||||||
| Income Tax Expense Benefit | $300.0K | -$300.0K | $200.0K | $600.0K | $200.0K | $100.0K | $0.00 | -$300.0K | -$400.0K | $2.2M | $3.4M | $4.5M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||
| Income Loss From Equity Method Investments | $0.00 | $0.00 | $0.00 | -$100.0K | -$1.3M | -$1.1M | -$2.9M | -$2.5M | -$2.3M | $0.00 | -$24.7M | $0.00 | ||||||||||||||||||
| Net Income Loss Available To Common Stockholders Basic | -$21.0M | -$17.7M | -$17.2M | -$14.4M | -$16.1M | -$125.4M | -$22.7M | -$75.6M | -$9.3M | -$6.4M | -$6.7M | -$6.2M |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity | $433.9M | $561.7M | $660.0M | $564.9M | $781.7M | $642.2M | $226.6M | $136.6M | -$61.2M | -$32.9M |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $142.9M | $100.5M | $317.2M | $86.8M | $112.8M | $588.4M | $9.2M | $3.2M | $30.9M | $5.1M |
| Cash And Cash Equivalents At Carrying Value | $142.9M | $100.5M | $311.7M | $81.3M | $108.3M | $588.4M | $9.2M | $3.2M | $30.9M | |
| Accounts Receivable Net Current | $1.0M | $5.7M | $0.00 | $1.0M | $15.0M | $1.0M | $2.8M | $25.0M | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $42.4M | -$216.7M | $230.4M | -$26.0M | -$475.6M | $579.2M | $6.0M | -$27.7M | $25.8M | |
| Retained Earnings Accumulated Deficit | -$1.61B | -$1.53B | -$1.33B | -$965.4M | -$682.9M | -$491.9M | -$372.6M | -$302.3M | -$62.4M | |
| Property Plant And Equipment Net | $5.2M | $7.0M | $11.5M | $13.4M | $12.7M | $12.3M | $8.5M | $3.6M | $1.3M | |
| Prepaid Expense And Other Assets Current | $8.9M | $14.2M | $6.5M | $21.4M | $19.7M | $6.1M | $3.7M | $2.8M | $316.9K | |
| Other Receivables Net Current | $5.4M | $8.0M | $7.2M | $7.0M | $10.7M | $7.4M | $6.3M | $2.3M | $1.0M | |
| Marketable Securities Current | $542.5M | $938.9M | $949.3M | $1.12B | $1.39B | $100.2M | $271.7M | $184.6M | $8.3M | |
| Long Term Debt Noncurrent | $400.0K | $600.0K | $800.0K | $1.0M | $1.0M | $2.0M | $2.0M | $2.0M | $151.1K | |
| Liabilities Current | $142.5M | $229.8M | $257.1M | $295.1M | $261.7M | $49.2M | $32.8M | $23.0M | $17.9M | |
| Liabilities And Stockholders Equity | $717.9M | $1.09B | $1.30B | $1.27B | $1.58B | $717.4M | $301.6M | $199.3M | $66.8M | |
| Liabilities | $284.0M | $529.7M | $644.6M | $703.9M | $799.9M | $75.2M | $75.0M | $62.6M | $66.6M | |
| Contract With Customer Liability Noncurrent | $134.3M | $292.0M | $386.2M | $405.1M | $534.3M | $22.9M | $38.4M | $37.5M | $48.5M | |
| Contract With Customer Liability Current | $71.3M | $156.2M | $163.0M | $218.6M | $206.2M | $22.2M | $20.0M | $16.1M | $13.6M | |
| Assets Current | $700.7M | $1.07B | $1.28B | $1.24B | $1.55B | $703.1M | $290.9M | $195.7M | $65.5M | |
| Assets | $717.9M | $1.09B | $1.30B | $1.27B | $1.58B | $717.4M | $301.6M | $199.3M | $66.8M | |
| Accumulated Other Comprehensive Income Loss Net Of Tax | $1.2M | $1.0M | -$3.1M | -$19.2M | -$4.6M | $600.0K | $107.6K | -$217.7K | -$9.8K | |
| Accretion Amortization Of Discounts And Premiums Investments | $12.8M | $21.8M | $16.6M | -$5.7M | -$9.4M | -$1.7M | -$200.0K | -$248.1K | ||
| Common Stock Value | $100.0K | $100.0K | $100.0K | $100.0K | $0.00 | $0.00 | $38.5K | $31.2K | ||
| Operating Lease Right Of Use Asset | $8.2M | $9.0M | $2.5M | $4.4M | $3.9M | $2.0M | $2.3M | |||
| Operating Lease Liability Noncurrent | $6.8M | $7.3M | $500.0K | $2.7M | $2.9M | $1.1M | $1.7M | |||
| Operating Lease Liability Current | $1.7M | $1.8M | $1.9M | $1.8M | $1.1M | $1.0M | $673.9K | |||
| Repayments Of Long Term Debt | $200.0K | $400.0K | $0.00 | $0.00 | $0.00 | $0.00 | $200.0K | $173.9K | $161.4K | |
| Collaboration Contract Asset And Other Assets | $3.8M | $8.1M | $10.4M | $10.8M | $12.5M | |||||
| Restricted Cash Current | $0.00 | $5.5M | $5.5M | $4.5M | $0.00 | |||||
| Operating Lease Right Of Use Asset Amortization Expense | $2.2M | $2.0M | $1.9M | $1.9M | $1.2M | $900.0K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 | Q3 2019 | Q2 2019 | Q1 2019 | Q3 2018 | Q2 2018 | Q1 2018 | Q3 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity | $564.4M | $609.3M | $660.1M | $586.0M | $600.2M | $609.7M | $457.2M | $463.6M | $511.0M | $621.5M | $670.6M | $723.3M | $817.7M | $582.9M | $615.2M | $205.1M | $197.8M | $211.7M | $134.2M | $116.5M | $127.7M | -$278.8M | -$158.5M | -$136.8M | -$52.0M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $101.5M | $114.9M | $81.0M | $85.2M | $160.3M | $93.5M | $119.2M | $96.1M | $135.7M | $138.1M | $97.7M | $66.8M | $260.2M | $53.2M | $346.1M | $89.0M | $21.6M | $36.1M | $12.1M | $11.3M | $28.8M | $6.2M | $3.4M | $60.8M | $2.5M | |
| Cash And Cash Equivalents At Carrying Value | $101.5M | $114.9M | $81.0M | $85.2M | $154.8M | $88.0M | $113.7M | $90.6M | $130.2M | $132.6M | $93.2M | $62.3M | $255.7M | $48.7M | $346.1M | $89.0M | $21.6M | $36.1M | $12.1M | $11.3M | $28.8M | $6.2M | ||||
| Accounts Receivable Net Current | $20.3M | $500.0K | $400.0K | $7.3M | $1.8M | $0.00 | $15.7M | $100.0K | $0.00 | $1.0M | $1.4M | $0.00 | $1.9M | $0.00 | $0.00 | $2.4M | $59.3K | |||||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | -$19.5M | -$223.7M | $48.9M | -$46.0M | -$242.3M | $26.9M | $25.6M | $29.9M | ||||||||||||||||||
| Retained Earnings Accumulated Deficit | -$1.55B | -$1.51B | -$1.45B | -$1.49B | -$1.44B | -$1.40B | -$1.18B | -$1.11B | -$1.05B | -$882.5M | -$816.3M | -$746.3M | -$629.9M | -$583.1M | -$532.9M | -$450.3M | -$419.5M | -$394.3M | -$351.5M | -$333.8M | -$316.7M | -$286.2M | ||||
| Property Plant And Equipment Net | $5.4M | $6.1M | $6.7M | $6.8M | $9.8M | $10.4M | $12.7M | $13.2M | $13.4M | $14.0M | $13.6M | $13.4M | $11.6M | $11.7M | $12.2M | $11.7M | $10.5M | $9.6M | $7.2M | $6.4M | $4.2M | $3.3M | ||||
| Prepaid Expense And Other Assets Current | $11.9M | $17.2M | $17.0M | $13.1M | $12.5M | $8.4M | $8.4M | $7.6M | $14.5M | $21.7M | $20.6M | $17.4M | $18.5M | $15.2M | $8.2M | $3.5M | $3.3M | $3.5M | $4.0M | $2.7M | $2.3M | $3.5M | ||||
| Other Receivables Net Current | $6.5M | $10.6M | $8.0M | $7.5M | $10.0M | $7.1M | $4.9M | $4.7M | $4.7M | $5.8M | $6.7M | $6.7M | $6.8M | $7.4M | $5.2M | $3.5M | $3.6M | $3.9M | $5.1M | $1.4M | $2.5M | $2.2M | ||||
| Marketable Securities Current | $686.1M | $746.3M | $873.3M | $1.04B | $1.07B | $1.08B | $884.8M | $948.2M | $993.3M | $1.14B | $1.25B | $1.37B | $1.29B | $551.8M | $305.2M | $159.6M | $221.1M | $226.7M | $178.4M | $147.8M | $146.2M | $83.6M | ||||
| Long Term Debt Noncurrent | $400.0K | $500.0K | $500.0K | $600.0K | $700.0K | $700.0K | $800.0K | $900.0K | $900.0K | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | ||||
| Liabilities Current | $144.9M | $157.8M | $214.0M | $275.9M | $347.2M | $240.8M | $317.3M | $306.9M | $282.9M | $244.6M | $238.2M | $238.0M | $182.5M | $41.8M | $40.4M | $39.5M | $33.7M | $33.2M | $29.4M | $20.9M | $20.6M | $19.8M | ||||
| Liabilities And Stockholders Equity | $844.3M | $909.3M | $1.00B | $1.17B | $1.28B | $1.21B | $1.06B | $1.08B | $1.18B | $1.33B | $1.41B | $1.49B | $1.60B | $644.0M | $681.8M | $271.9M | $262.6M | $282.4M | $209.1M | $172.0M | $186.6M | $98.9M | ||||
| Liabilities | $279.9M | $300.0M | $341.0M | $581.1M | $679.4M | $602.9M | $601.1M | $619.9M | $664.8M | $713.3M | $736.4M | $765.0M | $787.1M | $61.1M | $66.5M | $66.8M | $64.8M | $70.7M | $74.9M | $55.5M | $58.8M | $62.6M | ||||
| Contract With Customer Liability Noncurrent | $127.4M | $134.1M | $118.4M | $304.5M | $331.3M | $361.0M | $281.9M | $310.5M | $378.9M | $464.6M | $493.6M | $521.9M | $600.4M | $14.9M | $20.4M | $23.9M | $27.5M | $33.7M | $41.8M | $30.7M | $34.1M | $40.7M | ||||
| Contract With Customer Liability Current | $87.7M | $102.9M | $141.0M | $199.2M | $267.9M | $162.9M | $224.2M | $230.1M | $214.9M | $193.1M | $194.4M | $197.5M | $162.9M | $22.2M | $22.2M | $21.4M | $23.0M | $22.5M | $20.3M | $14.8M | $15.4M | $13.5M | ||||
| Assets Current | $826.3M | $889.5M | $979.7M | $1.15B | $1.26B | $1.19B | $1.03B | $1.06B | $1.15B | $1.30B | $1.38B | $1.46B | $1.58B | $627.7M | $664.7M | $258.0M | $249.6M | $270.2M | $199.7M | $163.3M | $179.7M | $95.5M | ||||
| Assets | $844.3M | $909.3M | $1.00B | $1.17B | $1.28B | $1.21B | $1.06B | $1.08B | $1.18B | $1.33B | $1.41B | $1.49B | $1.60B | $644.0M | $681.8M | $271.9M | $262.6M | $282.4M | $209.1M | $172.0M | $186.6M | $98.9M | ||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | $1.4M | $1.0M | $1.5M | $4.1M | -$3.8M | -$4.4M | -$9.2M | -$12.2M | -$12.6M | -$24.8M | -$22.0M | -$18.7M | -$676.6K | -$486.5K | -$242.8K | $1.1M | $1.7M | -$602.6K | $196.6K | $300.2K | $80.0K | -$47.2K | ||||
| Accretion Amortization Of Discounts And Premiums Investments | $3.8M | $5.5M | $3.4M | -$3.3M | -$1.0M | -$366.1K | -$5.4K | |||||||||||||||||||
| Common Stock Value | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $0.00 | $52.8K | $49.0K | $48.8K | $40.1K | $38.8K | $38.7K | $33.1K | $31.5K | $31.4K | $3.7K | ||||
| Operating Lease Right Of Use Asset | $8.7M | $9.3M | $9.9M | $1.0M | $1.5M | $2.0M | $3.0M | $3.5M | $3.9M | $4.8M | $5.3M | $5.8M | $4.3M | $4.6M | $4.9M | $2.2M | $2.4M | $2.7M | $2.3M | $2.4M | $2.6M | |||||
| Operating Lease Liability Noncurrent | $7.2M | $7.6M | $8.1M | $100.0K | $200.0K | $400.0K | $1.1M | $1.6M | $2.1M | $3.1M | $3.6M | $4.1M | $3.2M | $3.4M | $3.7M | $1.4M | $1.6M | $1.8M | $1.8M | $1.9M | $2.1M | |||||
| Operating Lease Liability Current | $1.7M | $1.8M | $1.9M | $800.0K | $1.2M | $1.5M | $1.9M | $1.9M | $1.9M | $1.8M | $1.7M | $1.7M | $1.1M | $1.2M | $1.2M | $939.8K | $920.8K | $899.7K | $597.0K | $647.9K | $534.3K | |||||
| Repayments Of Long Term Debt | $100.0K | $200.0K | $0.00 | $0.00 | $45.5K | $42.3K | ||||||||||||||||||||
| Collaboration Contract Asset And Other Assets | $3.9M | $4.4M | $4.8M | $9.8M | $11.6M | $9.9M | $9.6M | $10.1M | $10.3M | $11.3M | $11.7M | $12.1M | $12.8M | $0.00 | $0.00 | $0.00 | ||||||||||
| Restricted Cash Current | $0.00 | $5.5M | $5.5M | $5.5M | $5.5M | $5.5M | $5.5M | $4.5M | $4.5M | $4.5M | $4.5M | |||||||||||||||
| Operating Lease Right Of Use Asset Amortization Expense | $600.0K | $500.0K | $500.0K | $600.0K | $300.0K |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Share Based Compensation | $44.0M | $88.2M | $71.6M | $75.5M | $57.1M | $30.2M | $20.1M | $11.6M | $245.0K |
| Proceeds From Maturities Of Marketable Securities | $731.1M | $644.0M | $1.10B | $1.08B | $428.5M | $174.1M | $169.7M | $58.1M | $16.0M |
| Payments To Acquire Property Plant And Equipment | $1.9M | $1.8M | $2.9M | $6.8M | $4.7M | $6.4M | $6.3M | $2.8M | $1.0M |
| Payments To Acquire Marketable Securities | $354.2M | $652.1M | $956.3M | $886.4M | $1.74B | $41.2M | $256.5M | $234.9M | $3.2M |
| Net Cash Provided By Used In Operating Activities | -$273.8M | -$259.3M | -$347.8M | -$273.5M | $559.4M | -$89.7M | -$40.6M | -$16.1M | $5.1M |
| Net Cash Provided By Used In Investing Activities | $407.6M | $34.7M | $203.5M | $242.8M | -$1.31B | $164.3M | -$93.1M | -$179.7M | $20.9M |
| Net Cash Provided By Used In Financing Activities | -$91.4M | $7.9M | $374.7M | $4.7M | $278.6M | $504.6M | $139.7M | $168.1M | -$161.4K |
| Increase Decrease In Prepaid Deferred Expense And Other Assets | -$5.3M | $7.0M | -$14.1M | $1.8M | $13.6M | $2.4M | $1.1M | $2.5M | $2.1K |
| Increase Decrease In Other Receivables | -$2.6M | $800.0K | $200.0K | -$3.7M | $3.3M | $1.2M | $4.0M | $1.2M | -$369.7K |
| Increase Decrease In Contract With Customer Liability | -$242.6M | -$101.0M | -$74.6M | -$116.8M | $695.5M | -$13.3M | $4.9M | -$8.5M | $51.9M |
| Increase Decrease In Accounts Receivable | -$4.7M | $5.7M | -$1.0M | -$14.0M | $14.0M | $1.0M | -$2.8M | -$22.2M | $25.0M |
| Proceeds From Sale Of Marketable Securities | $32.6M | $44.5M | $58.8M | $59.1M | $7.2M | $37.8M | $0.00 | $0.00 | $9.1M |
| Stock Issued During Period Value Share Based Compensation | $700.0K | $8.3M | $4.5M | $4.8M | $18.7M | ||||
| Payments Of Stock Issuance Costs | $0.00 | $0.00 | $17.0M | $0.00 | $4.6M | $27.7M | $600.0K | $3.4M | $0.00 |
| Increase Decrease In Accounts Payable And Accrued Liabilities | -$1.7M | -$21.2M | $17.3M | $20.2M | $27.9M | $12.8M | |||
| Proceeds From Stock Options Exercised | $4.7M | $18.6M | $8.3M | $2.8M | $0.00 | ||||
| Increase Decrease In Operating Lease Liabilities | -$1.9M | -$1.3M | -$900.0K | -$600.0K | $0.00 | ||||
| Increase Decrease In Accrued Liabilities | $4.2M | $10.8M | $3.6M | $605.3K | $1.9M | ||||
| Increase Decrease In Accounts Payable | $23.7M | $2.0M | $1.5M | $2.0M | -$969.5K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q1 2021 | Q1 2020 | Q1 2019 | Q1 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Based Compensation | $15.0M | $18.6M | $19.9M | $16.6M | $10.3M | $6.1M | $5.2M | $146.7K | |||||||
| Proceeds From Maturities Of Marketable Securities | $189.5M | $120.2M | $280.3M | $273.9M | $33.7M | $52.5M | $42.0M | $3.4M | |||||||
| Payments To Acquire Property Plant And Equipment | $400.0K | $100.0K | $1.1M | $2.1M | $1.0M | $1.4M | $380.6K | $638.6K | |||||||
| Payments To Acquire Marketable Securities | $119.6M | $247.9M | $175.7M | $263.2M | $240.5M | $8.6M | $3.3M | $47.1M | |||||||
| Net Cash Provided By Used In Operating Activities | -$88.9M | -$97.5M | -$91.2M | -$57.1M | -$39.0M | -$16.9M | -$12.7M | $19.3M | |||||||
| Net Cash Provided By Used In Investing Activities | $69.5M | -$127.8M | $138.6M | $8.6M | -$207.8M | $42.5M | $38.4M | -$44.3M | |||||||
| Net Cash Provided By Used In Financing Activities | -$100.0K | $1.6M | $1.5M | $2.5M | $4.5M | $1.4M | -$45.5K | $55.0M | |||||||
| Increase Decrease In Prepaid Deferred Expense And Other Assets | $2.7M | $1.9M | -$6.9M | -$2.3M | $2.1M | -$243.0K | -$363.4K | -$5.1K | |||||||
| Increase Decrease In Other Receivables | $0.00 | -$100.0K | -$2.3M | -$4.1M | -$2.3M | -$2.4M | $213.5K | $394.4K | |||||||
| Increase Decrease In Contract With Customer Liability | -$188.9M | -$25.3M | -$29.9M | -$21.2M | -$2.5M | -$2.2M | -$4.0M | -$1.1M | |||||||
| Increase Decrease In Accounts Receivable | -$5.3M | $0.00 | -$1.0M | -$15.0M | -$1.0M | $0.00 | -$2.8M | -$25.0M | |||||||
| Proceeds From Sale Of Marketable Securities | $0.00 | $35.1M | $0.00 | ||||||||||||
| Stock Issued During Period Value Share Based Compensation | $500.0K | $2.4M | $3.5M | $1.8M | $1.9M | $500.0K | $1.5M | $1.1M | $600.0K | ||||||
| Payments Of Stock Issuance Costs | |||||||||||||||
| Increase Decrease In Accounts Payable And Accrued Liabilities | -$800.0K | -$15.7M | -$8.8M | -$15.6M | |||||||||||
| Proceeds From Stock Options Exercised | $2.5M | $4.5M | $1.4M | $0.00 | |||||||||||
| Increase Decrease In Operating Lease Liabilities | -$600.0K | -$300.0K | -$186.8K | -$93.0K | $0.00 | ||||||||||
| Increase Decrease In Accrued Liabilities | $7.0M | -$10.9M | -$819.2K | -$1.1M | -$1.9M | ||||||||||
| Increase Decrease In Accounts Payable | -$22.6M | $1.8M | -$1.9M | -$1.7M | $1.4M |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Diluted EPS * | -$1.14 | -$2.77 | -$6.62 | -$5.31 | -$3.82 | -$3.02 | -$2.13 | -$25.45 | -$15.08 |
| Common Stock Shares Outstanding | 63.5M | 68.8M | 68.0M | 53.2M | 53.0M | 48.5M | 38.5M | 31.2M | |
| Common Stock Shares Issued | 73.5M | 68.8M | 68.0M | 53.2M | 53.0M | 48.5M | 38.5M | 31.2M | |
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Weighted Average Number Of Share Outstanding Basic And Diluted | 39.5M | 32.9M | 9.4M | 1.9M | |||||
| Weighted Average Number Of Shares Outstanding Basic | 70.9M | 71.9M | 55.5M | 53.2M | 50.0M | 39.5M | 32.9M | ||
| Weighted Average Number Of Diluted Shares Outstanding | 70.9M | 71.9M | 55.5M | 53.2M | 50.0M | 39.5M | 32.9M | ||
| Earnings Per Share Basic | $-1.14 | $-2.77 | $-6.62 | $-5.31 | $-3.82 | $-3.02 | $-2.13 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 | Q1 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Diluted EPS * | -$0.48 | -$0.84 | $1.14 | -$0.68 | -$0.49 | -$0.97 | -$1.18 | -$1.25 | -$1.54 | -$1.24 | -$1.32 | -$1.20 | -$0.94 | -$1.03 | -$0.84 | -$0.79 | -$0.65 | -$0.56 | -$0.56 | -$0.54 | -$0.55 | -$0.46 | -$0.52 | -$62.38 | -$11.96 | -$39.86 | -$4.90 | -$3.37 | -$3.52 | -$3.29 |
| Common Stock Shares Outstanding | 70.8M | 73.2M | 73.0M | 68.7M | 68.6M | 68.3M | 55.0M | 53.4M | 53.4M | 53.2M | 53.2M | 53.1M | 52.8M | 49.0M | 48.8M | 40.1M | 38.8M | 38.7M | 33.1M | 31.5M | 31.4M | 3.7M | ||||||||
| Common Stock Shares Issued | 73.4M | 73.2M | 73.0M | 68.7M | 68.6M | 68.3M | 55.0M | 53.4M | 53.4M | 53.2M | 53.2M | 53.1M | 52.8M | 49.0M | 48.8M | 40.1M | 38.8M | 38.7M | 33.1M | 31.5M | 31.4M | 3.7M | ||||||||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Weighted Average Number Of Share Outstanding Basic And Diluted | 49.8M | 48.9M | 48.6M | 39.1M | 38.7M | 38.5M | 37.3M | 32.7M | 31.4M | 31.3M | 31.1M | 2.0M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | ||||||||||||
| Weighted Average Number Of Shares Outstanding Basic | 73.2M | 73.0M | 72.5M | 72.1M | 71.9M | 71.7M | 54.1M | 53.4M | 53.3M | 53.2M | 53.2M | 53.0M | 49.8M | 48.9M | 48.6M | |||||||||||||||
| Weighted Average Number Of Diluted Shares Outstanding | 73.2M | 73.0M | 72.7M | 72.1M | 71.9M | 71.7M | 54.1M | 53.4M | 53.3M | 53.2M | 53.2M | 53.0M | 49.8M | 48.9M | 48.6M | |||||||||||||||
| Earnings Per Share Basic | $-0.48 | $-0.84 | $1.14 | $-0.68 | $-0.49 | $-0.97 | $-1.18 | $-1.25 | $-1.54 | $-1.24 | $-1.32 | $-1.20 | $-0.94 | $-1.03 | $-0.84 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Investment Income Interest | $38.4M | $54.8M | $38.8M | $12.0M | $1.8M | $3.5M | $4.6M | $2.5M | $201.4K |
| Depreciation And Amortization | $3.0M | $4.6M | $4.8M | $6.3M | $4.8M | $3.2M | $1.6M | $706.0K | $347.4K |
| Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value | $44.0M | $88.2M | $71.6M | $75.5M | $57.1M | $30.2M | $20.1M | ||
| Capital Expenditures Incurred But Not Yet Paid | $300.0K | $900.0K | $0.00 | $100.0K | $500.0K | $500.0K | $200.0K | $159.5K | $0.00 |
| Additional Paid In Capital | $2.14B | $2.09B | $2.00B | $1.55B | $1.47B | $1.13B | $599.1M | $439.1M | |
| Stock Issued During Period Value Stock Options Exercised | $4.8M | $18.7M | $8.2M | $2.8M | |||||
| Capitalized Contract Cost Amortization | $4.3M | $4.6M | $1.3M | $1.8M | $400.0K | $0.00 | $0.00 | ||
| Interest Paid Net | $0.00 | $0.00 | $100.0K | $100.0K | $100.0K | $39.5K | $32.4K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 | Q1 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment Income Interest | $9.0M | $10.3M | $11.7M | $14.3M | $13.6M | $14.0M | $10.0M | $9.0M | $7.6M | $3.4M | $1.8M | $1.2M | $368.5K | $360.2K | $450.4K | $800.2K | $965.9K | $1.3M | $1.2M | $1.1M | $1.1M | $1.2M | $1.2M | $523.3K | $539.4K | $211.2K | $35.8K | $24.1K | $57.9K | $83.6K |
| Depreciation And Amortization | $800.0K | $800.0K | $700.0K | $1.1M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.6M | $1.5M | $1.5M | $1.2M | $1.2M | $1.1M | $861.3K | $635.1K | $617.5K | $468.2K | $310.5K | $246.2K | $191.5K | $168.5K | $123.0K | ||||||
| Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value | $10.1M | $10.4M | $15.0M | $24.7M | $21.6M | $18.6M | $16.7M | $18.3M | $19.9M | $18.8M | $20.0M | $16.6M | $15.2M | $14.6M | $10.3M | $8.2M | $7.8M | $6.1M | $4.6M | $5.3M | $5.2M | |||||||||
| Capital Expenditures Incurred But Not Yet Paid | $100.0K | $0.00 | $100.0K | $100.0K | $100.0K | $375.6K | $510.0K | $0.00 | ||||||||||||||||||||||
| Additional Paid In Capital | $2.13B | $2.12B | $2.11B | $2.07B | $2.04B | $2.02B | $1.64B | $1.59B | $1.57B | $1.53B | $1.51B | $1.49B | $1.45B | $1.17B | $1.15B | $654.3M | $615.6M | $606.6M | $485.4M | $450.0M | $444.3M | $7.4M | ||||||||
| Stock Issued During Period Value Stock Options Exercised | $1.5M | $1.1M | $600.0K | $2.5M | $6.7M | $3.6M | $4.5M | $577.3K | $1.3M | $1.4M | $1.4M | $399.5K | ||||||||||||||||||
| Capitalized Contract Cost Amortization | $3.3M | $400.0K | $600.0K | $300.0K | $0.00 | |||||||||||||||||||||||||
| Interest Paid Net | $16.3K | $16.3K | $24.6K | $6.2K |
Most recent annual filing with the SEC: February 24, 2026
Data sourced from SEC EDGAR public filings as of August 5, 2026.