Regeneron Pharmaceuticals, Inc. (REGN)
NASDAQ: REGN · Real-Time Price · USD
733.52
-1.29 (-0.18%)
Oct 2, 2026, 12:36 PM EDT - Market open
Regeneron Pharmaceuticals Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 4,329 | 4,505 | 4,413 | 3,954 | 4,338 | 8,075 |
Depreciation & Amortization | 528.6 | 543.7 | 482.9 | 421 | 341.4 | 286.2 |
Asset Writedown & Restructuring Costs | - | - | - | - | 195 | - |
Loss (Gain) From Sale of Investments | -643.1 | -946.1 | -118.3 | 266.4 | 36.8 | -387 |
Stock-Based Compensation | 986.7 | 993.7 | 982.8 | 885 | 725 | 601.7 |
Other Operating Activities | -537.8 | -649.9 | -721.2 | -837.9 | -378.4 | 421.6 |
Change in Accounts Receivable | -968.8 | 498.1 | -554 | -338.8 | 707.8 | -1,927 |
Change in Inventory | -82.1 | -275.3 | -619.7 | -271.7 | -696.5 | -494.3 |
Change in Accounts Payable | 1,335 | 736.8 | 735.1 | 598.6 | -138.4 | 866.1 |
Change in Unearned Revenue | 217 | -51.7 | 227.8 | 37.9 | 32.4 | -120.2 |
Change in Other Net Operating Assets | -482.8 | -375.3 | -407.5 | -120.1 | -148.6 | -240.7 |
Operating Cash Flow | 4,681 | 4,979 | 4,421 | 4,594 | 5,015 | 7,081 |
Operating Cash Flow Growth | -1.31% | 12.63% | -3.78% | -8.39% | -29.18% | 170.47% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -920.9 | -898.4 | -755.9 | -718.6 | -590.1 | -551.9 |
Sale of Property, Plant & Equipment | - | - | 20.1 | - | - | - |
Cash Acquisitions | -3.3 | -3.3 | -16.5 | -54.9 | -230.3 | - |
Sale (Purchase) of Intangibles | -185.2 | -315.3 | -125.7 | -207.8 | -1,027 | - |
Investment in Securities | 405.2 | 587.9 | -1,590 | -2,204 | -1,937 | -4,833 |
Investing Cash Flow | -704.2 | -629.1 | -2,468 | -3,185 | -3,785 | -5,385 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Issuance of Common Stock | 756.1 | 635.9 | 1,465 | 1,146 | 1,520 | 1,672 |
Repurchase of Common Stock | -3,902 | -3,971 | -3,632 | -2,936 | -2,529 | -2,678 |
Common Dividends Paid | -378.5 | -370.3 | - | - | - | - |
Other Financing Activities | - | -10.3 | -33.4 | - | - | - |
Financing Cash Flow | -3,525 | -3,715 | -2,201 | -1,790 | -1,009 | -1,006 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -1.9 | 0.3 | -0.7 | -0.4 | - | - |
Net Cash Flow | 450.4 | 634.7 | -248.8 | -381.6 | 221.3 | 690.8 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 3,760 | 4,081 | 3,665 | 3,875 | 4,425 | 6,529 |
Free Cash Flow Growth | -2.42% | 11.35% | -5.44% | -12.42% | -32.23% | 225.90% |
Free Cash Flow Margin | 24.21% | 28.45% | 25.80% | 29.54% | 36.35% | 40.63% |
Free Cash Flow Per Share | 35.13 | 37.57 | 31.84 | 34.08 | 38.98 | 58.19 |
Levered Free Cash Flow | 3,065 | 3,258 | 2,636 | 2,763 | 2,628 | 4,309 |
Unlevered Free Cash Flow | 3,100 | 3,286 | 2,670 | 2,808 | 2,665 | 4,345 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 41.6 | 41.6 | 52.6 | 73.1 | 53.7 | 55.8 |
Cash Income Tax Paid | 1,253 | 1,253 | 743 | 870.3 | 1,502 | 1,218 |
Change in Working Capital | 18.2 | 532.6 | -618.3 | -94.1 | -243.3 | -1,917 |