argenx SE Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,440	3,379	3,180	2,193	2,337
Cash Growth	31.41%	31.41%	6.26%	45.03%	-6.17%	17.04%
Accounts Receivable	-	1,490	817.71	417.99	241.23	28.06
Other Receivables	-	167.49	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	-	50.53	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	-	116.86	120.46	126.45	49.23	34.42
Total Assets	-	8,683	6,203	4,542	3,134	2,850
Accounts Payable	-	554.27	342.23	245.56	188.72	208.85
Accrued Expenses	-	614.38	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	-	98.5	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	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	47.16	39.05	20	12.43	11.47
Net Cash (Debt)	4,393	4,393	3,340	3,160	2,180	2,325
Net Cash Growth	31.53%	31.53%	5.69%	44.94%	-6.24%	17.04%
Net Cash Per Share	66.36	66.53	51.24	55.27	40.09	45.53
Filing Date Shares Outstanding	62.06	62.06	60.99	59.3	55.57	51.91
Total Common Shares Outstanding	62.06	61.88	60.76	59.19	55.4	51.67
Working Capital	-	5,579	4,213	3,701	2,472	2,242
Book Value Per Share	118.34	118.34	90.49	69.22	50.79	49.05
Tangible Book Value	7,051	7,051	5,317	3,972	2,639	2,363
Tangible Book Value Per Share	113.94	113.94	87.50	67.11	47.64	45.73
Machinery	-	11.69	10.06	9.24	8.51	8.28
Leasehold Improvements	-	7.49	2.96	1.98	1.98	1.98