argenx SE (ARGX)

argenx SE Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,054	-21.65	-425.05	-720.34	-348.75
Depreciation & Amortization	28.1	17.53	111.31	104.34	5.87
Stock-Based Compensation	248.08	235.18	232.97	157.03	179.37
Other Adjustments	-222.17	11.37	-30.67	-28.11	-102.35
Change in Receivables	-802.33	-423.11	-185.69	-222.26	-31.63
Changes in Inventories	-98.95	-96	-83.03	-119.28	-83.88
Changes in Accounts Payable	612.33	246.34	95.6	0.33	134.89
Changes in Unearned Revenue	-	-	-	-	-315.37
Changes in Other Operating Activities	-133.68	-52.4	-135.77	-34.51	-44.97
Operating Cash Flow	2,990	-172.9	-802.93	-1,701	-1,197
Capital Expenditures	-6.17	-1.8	-0.81	-0.84	-3.62
Purchases of Intangible Assets	-105.52	-66.5	-43	-102.99	-117.81
Purchases of Investments	-1,449	-2,184	-1,272	-1,694	-
Proceeds from Sale of Investments	2,388	1,430	1,544	1,326	-
Other Investing Activities	156.17	104.65	79.75	11.15	-225.64
Investing Cash Flow	984.01	-717.59	308.21	-461.18	-347.07
Issuance of Common Stock	278.38	309.27	1,353	854.56	1,126
Net Common Stock Issued (Repurchased)	278.38	309.27	1,353	854.56	1,126
Other Financing Activities	-45.37	-29.51	-16.76	-10.8	-4.38
Financing Cash Flow	233.01	279.76	1,337	843.76	1,121
Effect of Exchange Rate Changes on Cash and Cash Equivalents	89.15	-28.33	23.49	-53.7	-49.59
Net Cash Flow	1,991	-548.91	1,248	-533.94	117.87
Free Cash Flow	2,984	-174.7	-803.74	-1,701	-1,201
FCF Margin	70.23%	-7.76%	-63.36%	-382.12%	-222.61%
Free Cash Flow Per Share	45.19	-2.68	-14.06	-31.29	-23.51
Levered Free Cash Flow	1,694	946.71	-307.76	-759.55	-715.34
Unlevered Free Cash Flow	1,467	-98.11	-424.57	-750.82	-663.26

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

SEC Filings: 10-K · 10-Q