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 2021	FY 2020	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	3,491	1,500	1,335	1,217	372.16
Short-Term Investments	948.75	1,879	1,002	779.65	1,128
Cash & Short-Term Investments	4,440	3,379	2,337	1,996	1,501
Cash Growth	31.41%	44.60%	17.04%	33.04%	130.61%
Accounts Receivable	1,647	904.47	38.22	6.98	31.59
Other Receivables	10.37	4.63	-	0.46	0.29
Total Trade Receivables	1,657	909.1	38.22	7.44	31.88
Inventory	473.53	407.23	109.08	25.2	-
Other Current Assets	328.48	187.95	58.95	27.91	10.14
Total Current Assets	6,899	4,883	2,543	2,057	1,543
Net Property, Plant & Equipment	48.25	43.52	15.84	11.58	9.18
Other Intangible Assets	272.1	181.45	171.68	167.34	45.12
Long-Term Investments	3.38	9.27	-	-	-
Other Long-Term Assets	1,460	1,085	119.77	43.48	13.25
Total Assets	8,683	6,203	2,850	2,279	1,610
Accounts Payable	1,267	649.99	293.42	275.19	95.83
Current Portion of Leases	10.83	6.53	3.51	3.48	2.22
Unearned Revenue	-	-	-	46.33	81.27
Other Current Liabilities	42.21	13.39	4.32	3.5	0.39
Total Current Liabilities	1,320	669.92	301.24	328.49	179.7
Long-Term Leases	36.33	32.52	7.96	6.18	5.1
Other Long-Term Liabilities	3.09	1.8	6.86	270.68	245.01
Total Long-Term Liabilities	39.42	34.32	14.81	276.86	250.11
Total Liabilities	1,360	704.24	316.05	605.36	429.81
Common Stock	7.35	7.23	6.23	5.74	5.21
Additional Paid-in Capital	6,187	5,949	3,463	2,339	1,506
Accumulated Other Comprehensive Income	138.57	126.83	131.68	134.73	-27.54
Retained Earnings	990.61	-584.69	-1,066	-805.46	-302.9
Shareholders' Equity	7,323	5,498	2,534	1,674	1,180
Total Liabilities & Equity	8,683	6,203	2,850	2,279	1,610
Total Debt	47.16	39.05	11.47	9.66	7.32
Net Cash (Debt)	4,393	3,340	2,325	1,987	1,493
Net Cash Growth	31.53%	43.63%	17.04%	33.04%	129.49%
Net Cash Per Share	66.53	51.24	45.53	43.75	38.67
Book Value	7,323	5,498	2,534	1,674	1,180
Book Value Per Share	110.91	84.36	49.62	36.86	30.57
Tangible Book Value	7,051	5,317	2,363	1,507	1,135
Tangible Book Value Per Share	106.79	81.57	46.26	33.18	29.40

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.