argenx SE Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,607	2,190	1,226	410.75	497.28	41.24
Other Revenue	76.36	57.97	42.28	30.27	30.99	20.72
Revenue	3,683	2,248	1,269	441.01	528.27	61.96
Revenue Growth (YoY)	92.98%	77.22%	187.66%	-16.52%	752.59%	-33.24%
Cost of Revenue	1,663	1,211	977.33	692.8	580.52	370.89
Gross Profit	2,020	1,037	291.27	-251.79	-52.25	-308.93
Selling, General & Admin	1,223	1,055	711.91	472.13	307.64	171.64
Operating Expenses	1,223	1,055	711.91	472.13	307.64	171.64
Operating Income	796.62	-17.84	-420.64	-723.92	-359.9	-480.57
Interest Expense	-3.57	-2.07	-0.69	-1.34	-0.41	-0.2
Interest & Investment Income	138.54	138.74	92.96	24.74	3.49	5.12
Earnings From Equity Investments	-11.21	-7.64	-4.41	-0.68	-	-
Currency Exchange Gain (Loss)	19.23	-48.21	14.07	-32.73	-50.05	-126.23
Other Non Operating Income (Expenses)	-0.39	-0.39	-0.21	-0.85	-0.68	-0.2
EBT Excluding Unusual Items	939.22	62.58	-318.92	-734.78	-407.56	-602.08
Gain (Loss) on Sale of Investments	22.6	22.6	14.42	5.47	7.81	-3.27
Pretax Income	961.82	85.18	-304.5	-729.31	-399.74	-605.35
Income Tax Expense	-571.42	-747.86	-9.44	-19.72	8.52	3.1
Net Income	1,533	833.04	-295.05	-709.59	-408.27	-608.46
Net Income to Common	1,533	833.04	-295.05	-709.59	-408.27	-608.46
Shares Outstanding (Basic)	61	60	57	54	51	45
Shares Outstanding (Diluted)	66	65	57	54	51	45
Shares Change (YoY)	10.68%	14.01%	5.13%	6.47%	12.48%	17.59%
EPS (Basic)	25.14	13.92	-5.16	-13.05	-7.99	-13.40
EPS (Diluted)	23.27	12.78	-5.16	-13.05	-7.99	-13.40
Free Cash Flow	-	-84.55	-421.14	-863.64	-610.44	-399.53
Free Cash Flow Per Share	-	-1.30	-7.37	-15.88	-11.95	-8.80
Gross Margin	54.84%	46.15%	22.96%	-57.09%	-9.89%	-
Operating Margin	21.63%	-0.79%	-33.16%	-164.15%	-68.13%	-775.61%
Profit Margin	41.63%	37.05%	-23.26%	-160.90%	-77.28%	-982.01%
Free Cash Flow Margin	-	-3.76%	-33.20%	-195.83%	-115.55%	-644.82%
EBITDA	721.41	-16.32	-316.82	-623.2	-357.87	-479.6
EBITDA Margin	19.59%	-0.73%	-24.97%	-141.31%	-67.74%	-
D&A For EBITDA	-75.21	1.52	103.82	100.72	2.03	0.97
EBIT	796.62	-17.84	-420.64	-723.92	-359.9	-480.57
EBIT Margin	21.63%	-0.79%	-33.16%	-164.15%	-68.13%	-
Revenue as Reported	3,687	2,252	1,269	445.27	539.42	64.91

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q