argenx SE Income Statement

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
Revenue	4,248	2,252	1,269	445.27	539.42
Revenue Growth (YoY)	88.63%	77.52%	184.91%	-17.45%	731.01%
Cost of Revenue	450.67	227.29	117.84	29.43	-
Gross Profit	3,797	2,025	1,151	415.84	-
Selling, General & Admin	1,367	1,055	711.91	472.13	307.64
Research & Development	1,364	983.42	859.49	663.37	580.52
Other Operating Expenses	12.39	7.64	4.41	0.68	-
Total Operating Expenses	2,744	2,046	1,576	1,136	888.16
Operating Income	1,054	-21.65	-425.05	-720.34	-348.75
Interest Income	163.09	157.51	107.39	27.67	3.63
Interest Expense	-4.08	-2.46	-0.91	-3.91	-4.58
Other Non-Operating Income (Expense)	65.79	-48.21	14.07	-32.73	-50.05
Total Non-Operating Income (Expense)	224.8	106.83	120.55	-8.97	-51
Pretax Income	1,279	85.18	-304.5	-729.31	-399.74
Provision for Income Taxes	-13.43	-747.86	-9.44	-19.72	8.52
Net Income	1,292	833.04	-295.05	-709.59	-408.27
Net Income to Common	1,292	833.04	-295.05	-709.59	-408.27
Net Income Growth	55.10%	-	-	-	-
Shares Outstanding (Basic)	61	60	57	54	51
Shares Outstanding (Diluted)	66	65	57	54	51
Shares Change (YoY)	1.31%	14.01%	5.13%	6.47%	12.48%
EPS (Basic)	21.08	13.92	-5.16	-13.05	-7.99
EPS (Diluted)	19.57	12.78	-5.16	-13.05	-7.99
EPS Growth	53.13%	-	-	-	-
Free Cash Flow	2,984	60.31	-877.45	-1,701	-1,201
Free Cash Flow Growth	4846.78%	-	-	-	-
Free Cash Flow Per Share	45.19	0.93	-15.35	-31.29	-23.51
Gross Margin	89.39%	89.91%	90.71%	93.39%	100.00%
Operating Margin	24.81%	-0.96%	-33.51%	-161.78%	-64.65%
Profit Margin	30.41%	36.99%	-23.26%	-159.36%	-75.69%
FCF Margin	70.23%	2.68%	-69.17%	-382.12%	-222.61%
EBITDA	1,082	-4.13	-313.74	-616	-342.88
EBITDA Margin	25.47%	-0.18%	-24.73%	-138.34%	-63.56%
EBIT	1,054	-21.65	-425.05	-720.34	-348.75
EBIT Margin	24.81%	-0.96%	-33.51%	-161.78%	-64.65%
Effective Tax Rate	-1.05%	-877.98%	3.10%	2.70%	-2.13%

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

SEC Filings: 10-K · 10-Q