argenx SE (ARGX) quarterly income statement — complete revenue, gross profit & net income history
argenx SE (ARGX) annual income statement — 15-year revenue, gross profit & net income history
| Metric | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 |
|---|
| Sales/Revenue | 2.82B | 3.21B | 947.96M | 1.35B | 901.94M | 757.68M | 510.92M | 312.69M | 111.36M | 26.81M | 498.63M | 15.51M | 30.48M | 30.91M | 51.34M | 7.31M | 20.61M | 14.03M | 23.93M | 9.7M |
| Revenue Growth % | 197.03% | 138.1% | 5.1% | 77.68% | 76.53% | 142.31% | 358.82% | 1066.39% | -77.67% | 72.87% | 1536.11% | -49.83% | -40.63% | 323.06% | 149.05% | -47.94% | -13.85% | 44.68% | 243.41% | 73.54% |
| Cost of Goods Sold | 279.27M | 339.92M | 110.75M | 664.9M | 43.18M | 573.6M | -455.77M | 380.59M | 272.29M | 306.61M | 273.91M | 121.37M | 168.14M | 117.92M | 78.36M | 47.19M | 34.56M | 26.8M | 25.64M | 19.34M |
| COGS % of Revenue | 9.92% | 10.6% | 11.68% | 49.39% | 4.79% | 75.71% | -89.21% | 121.72% | 244.52% | 1143.73% | 54.93% | 782.61% | 551.72% | 381.53% | 152.64% | 645.91% | 167.68% | 191% | 107.15% | 199.37% |
| Gross Profit | 2.54B | 2.87B | 837.21M | 681.37M | 425.25M | 184.07M | 924.41M | -77.68M | 459M | -276.98M | 224.72M | -125.69M | -137.67M | -87.02M | -27.02M | -38.82M | -11.95M | 45.4M | -1.71M | -10.14M |
| Gross Margin % | 90.08% | 89.4% | 88.32% | 50.61% | 47.15% | 24.29% | 180.93% | -24.84% | 412.19% | -1033.17% | 45.07% | -810.46% | -451.72% | -281.53% | -52.64% | -531.35% | -57.96% | 323.49% | -7.15% | -104.59% |
| Gross Profit Growth % | 202.97% | 320.57% | 96.87% | 270.16% | -54% | 336.95% | 101.4% | 71.95% | 104.25% | -120.37% | 263.23% | -44.44% | -409.41% | -124.15% | -126.2% | -185.52% | -598.28% | 547.47% | 60.08% | -77.2% |
| Operating Expenses | 1.69B | 2.01B | 633.37M | 562.71M | 451.24M | 796.72M | 313.03M | 224.03M | 218.26M | 166.89M | 129.6M | 83.02M | 59.52M | 151.43M | 27.48M | 15.29M | 11.58M | 66.15M | 4.42M | 25.14M |
| OpEx % of Revenue | 60.01% | 62.86% | 66.81% | 41.8% | 50.03% | 105.15% | 61.27% | 71.65% | 196% | 622.54% | 25.99% | 535.3% | 195.3% | 489.95% | 53.53% | 209.32% | 56.17% | 471.42% | 18.49% | 259.22% |
| Selling, General & Admin | 772.76M | 355M | 321.35M | 563.64M | 491.69M | 400.76M | 311.15M | 227.38M | 226.57M | 176.63M | 128.17M | 89.95M | 59.89M | 36.26M | 24.17M | 16.09M | 10.37M | 7.44M | 4.42M | 4.13M |
| SG&A % of Revenue | 27.44% | 11.07% | 33.9% | 41.87% | 54.52% | 52.89% | 60.9% | 72.72% | 203.47% | 658.88% | 25.7% | 580.05% | 196.5% | 117.32% | 47.08% | 220.28% | 50.32% | 53% | 18.49% | 42.54% |
| Research & Development | 486M | 443M | 327.7M | 297.23M | 446.79M | 396.66M | 358.45M | 384.48M | 275.98M | 303.85M | 271.6M | 162.38M | 166.98M | 115.44M | 76.91M | 47.19M | 35.57M | 26.04M | 25.64M | 21.02M |
| R&D % of Revenue | 17.26% | 13.82% | 34.57% | 22.08% | 49.54% | 52.35% | 70.16% | 122.96% | 247.84% | 1133.43% | 54.47% | 1047.09% | 547.88% | 373.48% | 149.81% | 645.91% | 172.55% | 185.57% | 107.15% | 216.68% |
| Other Operating Expenses | 1000K | 1000K | -1000K | -1000K | -1000K | -696.03K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -262.87K | -1000K | -1000K | -1000K | 1000K | -1000K | 0 |
| Operating Income | 846.83M | 850.77M | 203.84M | 117.23M | -138.88M | -219.21M | -205.84M | -341.15M | -397.27M | -456.57M | 95.12M | -280.11M | -206.47M | -126.99M | -54.51M | -54.11M | -25.53M | -16.58M | -7.86M | -14.1M |
| Operating Margin % | 30.07% | 26.54% | 21.5% | 8.71% | -15.4% | -28.93% | -40.29% | -109.1% | -356.76% | -1703.11% | 19.08% | -1806.23% | -677.46% | -410.85% | -106.18% | -740.68% | -123.85% | -118.18% | -32.85% | -145.42% |
| Operating Income Growth % | 315.44% | 625.74% | 246.77% | 153.48% | 32.53% | 35.74% | 48.19% | 25.28% | -517.64% | -63% | 146.07% | -120.58% | -278.79% | -134.67% | -113.51% | -226.3% | -224.78% | -17.58% | -6.99% | -83.94% |
| EBITDA | 863.85M | 865.57M | 288.02M | 126.11M | -130.27M | -115.73M | -201.6M | -249.94M | -394.22M | -453.68M | 98.09M | -278.3M | -204.95M | -125.78M | -53.58M | -53.84M | -25.34M | -16.4M | -7.68M | -13.91M |
| EBITDA Margin % | 30.68% | 27% | 30.38% | 9.37% | -14.44% | -15.27% | -39.46% | -79.93% | -354.02% | -1692.31% | 19.67% | -1794.54% | -672.49% | -406.95% | -104.37% | -736.91% | -122.95% | -116.87% | -32.08% | -143.42% |
| EBITDA Growth % | 199.92% | 586.34% | 321.1% | 208.97% | 35.38% | 53.7% | 48.86% | 44.91% | -501.91% | -63.02% | 147.86% | -121.26% | -282.51% | -133.63% | -111.41% | -228.27% | -230.16% | -17.89% | -6.37% | -83.75% |
| D&A (Non-Cash Add-back) | 17.02M | 14.8M | 0 | 8.89M | 8.61M | 103.48M | 4.24M | 91.2M | 3.05M | 2.9M | 2.96M | 1.81M | 1.51M | 1.21M | 926.69K | 275.34K | 185.16K | 183.69K | 184.18K | 193.35K |
| EBIT | 846.83M | 658.56M | 288.02M | 117.72M | -30.08M | -116.69M | -186.91M | -305.06M | -422.06M | -399.78M | 95.12M | -172.19M | -176.22M | -126.99M | -47.93M | -59.91M | -21.86M | -19.67M | -5.92M | -15.17M |
| Net Interest Income | 90.09M | 43M | 37.27M | 19.62M | 38.36M | 25.61M | 36.69M | 20.19M | 3.59M | 3.36M | -743.56K | 556.83K | -2.13M | 492.35K | 7.17M | 96.21K | 4.11M | 133.28K | 41.95K | 25.15K |
| Interest Income | 92.09M | 44M | 38.4M | 20.33M | 38.93M | 25.88M | 37.09M | 21.97M | 5.71M | 3.36M | 0 | 556.83K | 4.47M | 492.35K | 7.17M | 96.21K | 4.11M | 133.28K | 41.95K | 25.15K |
| Interest Expense | 2M | 1M | 1.13M | 704K | 572K | 278K | 395.64K | 1.78M | 2.12M | 198.48K | 743.56K | 0 | 2.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 112.11M | 140.93M | 83.06M | 57.3M | 49.53M | 74.75M | 45.8M | 38.54M | -49.78M | -17.92M | -19.12M | -91.84M | 7.44M | 12.56M | 9.7M | 10.28M | 5.31M | -3.79M | 191.02K | 45.13K |
| Pretax Income | 958.94M | 991.71M | 286.9M | 174.53M | -89.35M | -144.46M | -160.04M | -302.61M | -447.05M | -474.49M | 76M | -330.62M | -199.03M | -114.43M | -62.48M | -43.84M | -20.22M | -20.38M | -7.67M | -14.06M |
| Pretax Margin % | 34.06% | 30.94% | 30.26% | 12.96% | -9.91% | -19.07% | -31.32% | -96.78% | -401.46% | -1769.96% | 15.24% | -2131.93% | -653.06% | -370.22% | -121.7% | -600.02% | -98.09% | -145.22% | -32.06% | -144.95% |
| Income Tax | 119.12M | -54.97M | 41.54M | 33M | -56.82M | 27.36M | 36.8M | 8.61M | 11.11M | 4.31M | 10.82M | 886K | 2.21M | 4.94M | 887K | -830.05K | -556.15K | -593.8K | 598.04K | -392.98K |
| Effective Tax Rate % | 12.42% | -5.54% | 14.48% | 18.91% | 63.59% | -18.94% | -22.99% | -2.84% | -2.49% | -0.91% | 14.24% | -0.27% | -1.11% | -4.32% | -1.42% | 1.89% | 2.75% | 2.91% | -7.8% | 2.8% |
| Net Income | 838.82M | 1.05B | 245.36M | 865.57M | -32.53M | -155.63M | -112.94M | -255.57M | -416.1M | -414.2M | 53.26M | -255.16M | -179.15M | -103.79M | -39.71M | -38.96M | -17.29M | -16.99M | -13.8M | -13.36M |
| Net Margin % | 29.79% | 32.65% | 25.88% | 64.29% | -3.61% | -20.54% | -22.1% | -81.73% | -373.67% | -1545.05% | 10.68% | -1645.36% | -587.84% | -335.81% | -77.35% | -533.21% | -83.88% | -121.04% | -57.69% | -137.71% |
| Net Income Growth % | 241.88% | 20.92% | 854.23% | 656.18% | 71.2% | 39.1% | 72.86% | 38.3% | -881.23% | -62.33% | 129.73% | -145.84% | -351.17% | -166.44% | -129.67% | -129.35% | -25.27% | -27.16% | -63.12% | -37.41% |
| Net Income (Continuing) | 839.83M | 1.05B | 245.36M | 169M | -32.53M | -155.63M | -139.42M | -275.34M | -434.26M | -470.19M | 63.17M | -406.81M | -201.24M | -136.09M | -63.36M | -38.96M | -20.91M | -19.98M | -8.21M | -14.65M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 13.02 | 13.22 | 6.37 | 2.58 | -0.55 | -2.95 | -2.03 | -4.62 | -7.78 | -8.04 | 0.99 | -5.39 | -4.12 | -2.63 | -1.05 | -1.13 | -0.53 | -0.62 | -0.38 | -0.66 |
| EPS Growth % | 104.4% | 412.4% | 1258.18% | 187.46% | 72.91% | 36.15% | 73.91% | 42.54% | -885.86% | -49.17% | 124.03% | -104.94% | -292.38% | -132.74% | -98.11% | -82.26% | -39.47% | 6.06% | 9.52% | -26.92% |
| EPS (Basic) | 13.49 | 14.25 | 6.85 | 2.78 | -0.55 | -2.95 | -2.03 | -4.62 | -7.78 | -8.04 | 1.25 | -5.39 | -4.12 | -2.63 | -1.05 | -1.13 | -0.53 | -0.62 | -0.38 | -0.66 |
| Diluted Shares Outstanding | 64.41M | 66.2M | 65.65M | 70.95M | 59.4M | 58.28M | 55.69M | 55.31M | 53.45M | 51.51M | 53.99M | 47.34M | 43.48M | 39.47M | 37.76M | 34.46M | 32.38M | 27.46M | 21.76M | 20.28M |
| Basic Shares Outstanding | 62.19M | 61.42M | 61.03M | 59.84M | 59.4M | 58.28M | 55.69M | 55.31M | 53.45M | 51.51M | 53.99M | 47.34M | 43.48M | 39.47M | 37.76M | 34.46M | 32.38M | 27.46M | 21.76M | 20.28M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |