argenx SE (EBR:ARGX)
Belgium flag Belgium · Delayed Price · Currency is EUR
750.40
-25.20 (-3.25%)
Jul 30, 2026, 2:20 PM CET

argenx SE Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,3154,2362,2481,269441.01528.27
Revenue Growth
70.30%88.44%77.22%187.66%-16.52%752.59%
Gross Profit
3,1402,4221,037291.27-251.79-52.25
Operating Income
1,6021,055-17.84-420.64-723.92-359.9
Net Income
1,7151,292833.04-295.05-709.59-408.27
Earnings Per Share
26.2119.5712.78-5.16-13.05-7.99
EPS Growth
39.82%53.13%----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Product
5,2264,1512,1861,191400.72-
Collaboration
--4.3535.5310.03497.28
Other Operating Income (Pre-Q1 2025)
--61.8142.2834.5242.14
Other Operating Income
101.8296.7366.1677.8144.55539.42
Revenue (Total)
5,3284,2482,2521,269445.27539.42

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
5,1844,4403,3793,1802,1932,337
Total Debt
4747.1639.052012.4311.47
Net Cash (Debt)
5,1374,3933,3403,1602,1802,325
Net Cash Growth
32.23%31.53%5.69%44.94%-6.24%17.04%
Net Cash Per Share
78.5466.5351.2455.2740.0945.53

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
974.19685.19-82.75-420.33-862.81-606.81
Capital Expenditures
-4.17-6.17-1.8-0.81-0.84-3.62
Free Cash Flow
970.03679.03-84.55-421.14-863.64-610.44
Free Cash Flow Growth
143.78%-----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
59.07%57.16%46.15%22.96%-57.09%-9.89%
Operating Margin
30.13%24.89%-0.79%-33.16%-164.15%-68.13%
Pretax Margin
32.86%30.18%3.79%-24.00%-165.37%-75.67%
Profit Margin
32.27%30.50%37.05%-23.26%-160.90%-77.28%
FCF Margin
18.25%16.03%-3.76%-33.20%-195.83%-115.55%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
33.8039.8745.02---
Forward PE
28.0634.2794.37152.02152.02152.02
P/FCF Ratio
57.1375.85----
PS Ratio
10.4312.1616.6817.6846.7035.07