argenx SE Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,491	1,500	2,049	800.74	1,335
Short-Term Investments	948.75	1,879	1,131	1,392	1,002
Cash & Short-Term Investments	4,440	3,379	3,180	2,193	2,337
Cash Growth	31.41%	6.26%	45.03%	-6.17%	17.04%
Accounts Receivable	1,647	817.71	417.99	241.23	28.06
Other Receivables	10.37	91.39	81.28	36.05	10.16
Receivables	1,657	909.1	499.27	277.28	38.22
Inventory	473.53	407.23	310.55	228.35	109.08
Prepaid Expenses	328.48	187.95	134.07	76.02	58.95
Other Current Assets	-	-	-	-0	-
Total Current Assets	6,899	4,883	4,124	2,774	2,543
Property, Plant & Equipment	48.25	43.52	22.68	16.23	15.84
Long-Term Investments	3.38	49.7	47.16	40.48	53.17
Other Intangible Assets	272.1	181.45	125.23	174.9	171.68
Long-Term Deferred Tax Assets	1,296	924.3	97.21	79.22	32.19
Other Long-Term Assets	164.01	120.46	126.45	49.23	34.42
Total Assets	8,683	6,203	4,542	3,134	2,850
Accounts Payable	1,267	342.23	245.56	188.72	208.85
Accrued Expenses	-	291.29	150.89	103.82	83.74
Current Portion of Leases	10.83	6.53	4.65	3.42	3.51
Current Income Taxes Payable	42.21	13.39	4.33	3.18	4.32
Other Current Liabilities	-	16.47	17.56	3.14	0.83
Total Current Liabilities	1,320	669.92	422.99	302.28	301.24
Long-Term Leases	36.33	32.52	15.35	9.01	7.96
Pension & Post-Retirement Benefits	3.09	1.8	1.45	0.87	0.42
Long-Term Deferred Tax Liabilities	-	-	5.16	8.41	6.44
Total Liabilities	1,360	704.24	444.95	320.56	316.05
Common Stock	7.35	7.23	7.06	6.64	6.23
Additional Paid-In Capital	6,187	5,949	5,651	4,310	3,463
Retained Earnings	-279.77	-1,572	-2,405	-2,110	-1,400
Comprehensive Income & Other	1,409	1,114	843.8	606.97	465.41
Shareholders' Equity	7,323	5,498	4,098	2,814	2,534
Total Liabilities & Equity	8,683	6,203	4,542	3,134	2,850
Total Debt	47.16	39.05	20	12.43	11.47
Net Cash (Debt)	4,393	3,340	3,160	2,180	2,325
Net Cash Growth	31.53%	5.69%	44.94%	-6.24%	17.04%
Net Cash Per Share	66.53	51.24	55.27	40.09	45.53
Filing Date Shares Outstanding	61.73	60.99	59.3	55.57	51.91
Total Common Shares Outstanding	61.73	60.76	59.19	55.4	51.67
Working Capital	5,579	4,213	3,701	2,472	2,242
Book Value Per Share	118.63	90.49	69.22	50.79	49.05
Tangible Book Value	7,051	5,317	3,972	2,639	2,363
Tangible Book Value Per Share	114.22	87.50	67.11	47.64	45.73
Machinery	-	10.06	9.24	8.51	8.28
Leasehold Improvements	-	2.96	1.98	1.98	1.98

Source: S&P Global Market Intelligence. Standard template. Financial Sources.