argenx SE Income Statement

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
Revenue	4,754	4,248	2,252	1,269	445.27	539.42
Revenue Growth (YoY)	79.62%	88.63%	77.52%	184.91%	-17.45%	731.01%
Cost of Revenue	490.86	450.67	227.29	117.84	29.43	-
Gross Profit	4,263	3,797	2,025	1,151	415.84	539.42
Selling, General & Admin	1,446	1,367	1,055	711.91	472.13	307.64
Research & Development	1,498	1,364	983.42	859.49	663.37	580.52
Other Operating Expenses	10.08	12.39	7.64	4.41	0.68	-
Total Operating Expenses	2,954	2,744	2,046	1,576	1,136	888.16
Operating Income	1,309	1,054	-21.65	-425.05	-720.34	-348.75
Interest Income	169.97	163.09	157.51	107.39	27.67	3.63
Interest Expense	-3.95	-4.08	-2.46	-0.91	-3.91	-4.58
Other Non-Operating Income (Expense)	27.35	65.79	-48.21	14.07	-32.73	-50.05
Total Non-Operating Income (Expense)	193.38	224.8	106.83	120.55	-8.97	-51
Pretax Income	1,502	1,279	85.18	-304.5	-729.31	-399.74
Provision for Income Taxes	13.68	-13.43	-747.86	-9.44	-19.72	8.52
Net Income	1,489	1,292	833.04	-295.05	-709.59	-408.27
Net Income to Common	1,489	1,292	833.04	-295.05	-709.59	-408.27
Net Income Growth	39.95%	55.10%	-	-	-	-
Shares Outstanding (Basic)	62	61	60	57	54	51
Shares Outstanding (Diluted)	66	66	65	57	54	51
Shares Change (YoY)	1.54%	1.31%	14.01%	5.13%	6.47%	12.48%
EPS (Basic)	24.16	21.08	13.92	-5.16	-13.05	-7.99
EPS (Diluted)	22.46	19.57	12.78	-5.16	-13.05	-7.99
EPS Growth	38.56%	53.13%	-	-	-	-
Shares Outstanding	61.88	61.88	60.76	59.19	55.4	51.67
Free Cash Flow	-	679.03	-84.55	-421.14	-863.64	-610.44
Free Cash Flow Per Share	-	10.28	-1.30	-7.37	-15.88	-11.95
Gross Margin	89.67%	89.39%	89.91%	90.71%	93.39%	100.00%
Operating Margin	27.53%	24.81%	-0.96%	-33.51%	-161.78%	-64.65%
Profit Margin	31.31%	30.41%	36.99%	-23.26%	-159.36%	-75.69%
FCF Margin	-	15.98%	-3.75%	-33.20%	-193.96%	-113.17%
EBITDA	1,309	1,082	-4.13	-313.74	-616	-342.88
EBITDA Margin	27.53%	25.47%	-0.18%	-24.73%	-138.34%	-63.56%
EBIT	1,309	1,054	-21.65	-425.05	-720.34	-348.75
EBIT Margin	27.53%	24.81%	-0.96%	-33.51%	-161.78%	-64.65%
Effective Tax Rate	0.91%	-1.05%	-877.98%	3.10%	2.70%	-2.13%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q