Arvinas ARVN
NASDAQ ARVN
$6.91 -0.01 (-0.14%)
At close: Nov 11, 2026 · 4:00 PM EST

Arvinas (ARVN) Research & Development (2017 - 2026)

Updated

Arvinas' Research & Development was $46.9 million in Q3 2026, down 27.5% from $64.7 million a year earlier and down 10.8% from the prior quarter.

Analysis

Arvinas (ARVN) Research & Development (2017 - 2026) Analysis & Trends

On a trailing twelve-month basis, Arvinas' Research & Development was $220.9 million through Sep 30, 2026, down 28.1% year-over-year; for FY2025, it was $285.2 million, down 18.1% from FY2024.

  • Research & Development shows a five-year compound annual growth rate of 21.3% (FY2020 to FY2025).
  • In earlier years, Research & Development was $348.2 million in FY2024 (-8.3%), $379.7 million in FY2023 (+20.5%), $315 million in FY2022 (+74.6%) and $180.4 million in FY2021 (+66.4%).
  • The Q3 2026 figure marks the lowest quarterly Research & Development since Q3 2021.
  • Compared with a year earlier, Research & Development has declined for six straight quarters, with an average decline of 21.0% over the last eight quarters.
  • The best year-over-year quarter for Research & Development over five years was Q3 2022 (growth of 90.9%); the worst was Q1 2026 (a decline of 33.6%).
  • Per Business Quant data, ARVN's Research & Development in the three quarters before Q3 2026 was $52.6 million (Q2 2026), $60.3 million (Q1 2026) and $61.1 million (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Eli Lilly 1,348.13 Bn 1,321.74 Bn 20.46 Bn 4.25 Bn
2 Johnson & Johnson 675.90 Bn 595.76 Bn 17.30 Bn 4.65 Bn
3 AbbVie 519.45 Bn 487.50 Bn 13.12 Bn 2.57 Bn
4 Merck 364.95 Bn 327.95 Bn 13.19 Bn 4.54 Bn
5 Novartis Ag 311.58 Bn 285.16 Bn - -
6 Astrazeneca 289.34 Bn 262.94 Bn 13.26 Bn 3.89 Bn
7 Amgen 251.64 Bn 203.30 Bn 7.58 Bn 2.11 Bn
8 Gilead Sciences 212.05 Bn 187.07 Bn 6.73 Bn 1.61 Bn
9 Pfizer 167.35 Bn 115.00 Bn 12.56 Bn 3.02 Bn
10 Arvinas 453.26 Mn -1.97 Bn 400,000.00 46.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 46.90 Mn
Jun 30, 2026 52.60 Mn
Mar 31, 2026 60.30 Mn
Dec 31, 2025 61.10 Mn
Sep 30, 2025 64.70 Mn
Jun 30, 2025 68.60 Mn
Mar 31, 2025 90.80 Mn
Dec 31, 2024 83.30 Mn
Sep 30, 2024 86.90 Mn
Jun 30, 2024 93.70 Mn
Mar 31, 2024 84.30 Mn
Dec 31, 2023 95.20 Mn
Sep 30, 2023 85.90 Mn
Jun 30, 2023 103.40 Mn
Mar 31, 2023 95.30 Mn
Dec 31, 2022 98.30 Mn
Sep 30, 2022 77.50 Mn
Jun 30, 2022 75.30 Mn
Mar 31, 2022 64.00 Mn
Dec 31, 2021 61.90 Mn
API Access

Arvinas Research & Development API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=research-and-development&ticker=ARVN&period=max&api_key=YOUR_API_KEY