Genmab A/S (GMAB) quarterly income statement — complete revenue, gross profit & net income history
Genmab A/S (GMAB) annual income statement — 24-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 1.19B | 1.16B | 899.32M | 1.05B | 1.02B | 924.81M | 105.23M | 6.44B | 5.54B | 779M | 603M | 4.68B | 4.71B | 4.17B | 2.83B | 5.14B | 4.09B | 3.16B | 2.12B | 2.62B |
| Revenue Growth % | 16.14% | 24.89% | 754.59% | -83.62% | -81.55% | 18.72% | -82.55% | 37.69% | 17.57% | -81.31% | -78.72% | -8.94% | 15.29% | 31.85% | 33.74% | 96.14% | 76.93% | 60.34% | 34.03% | 28.13% |
| Cost of Goods Sold | 88M | 84M | 65.24M | 80.76M | 58M | 56.99M | 6.18M | 337M | 273M | 28M | 27M | 126M | 79M | 21M | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | 7.41% | 7.27% | 7.25% | 7.66% | 5.68% | 6.16% | 5.87% | 5.23% | 4.93% | 3.59% | 4.48% | 2.69% | 1.68% | 0.5% | - | - | - | - | - | - |
| Gross Profit | 1.1B | 1.07B | 834.08M | 974.05M | 964M | 867.82M | 99.05M | 6.1B | 5.27B | 751M | 576M | 4.55B | 4.63B | 4.15B | 2.83B | 5.14B | 4.09B | 3.16B | 2.12B | 2.62B |
| Gross Margin % | 92.59% | 92.73% | 92.75% | 92.34% | 94.32% | 93.84% | 94.13% | 94.77% | 95.07% | 96.41% | 95.52% | 97.31% | 98.32% | 99.5% | 100% | 100% | 100% | 100% | 100% | 100% |
| Gross Profit Growth % | 14% | 23.41% | 742.06% | -84.04% | -81.7% | 15.56% | -82.8% | 34.09% | 13.68% | -81.89% | -79.68% | -11.39% | 13.36% | 31.18% | 33.74% | 96.14% | 76.93% | 60.34% | 34.03% | 28.13% |
| Operating Expenses | 658M | 664M | 608.24M | 731.79M | 505M | 507.89M | 71.38M | 3.94B | 3.17B | 515M | 460M | 2.88B | 2.95B | 2.68B | 2.42B | 2.56B | 2.16B | 1.92B | 1.6B | 1.81B |
| OpEx % of Revenue | 55.43% | 57.49% | 67.63% | 69.38% | 49.41% | 54.92% | 67.83% | 61.23% | 57.13% | 66.11% | 76.29% | 61.61% | 62.56% | 64.28% | 85.29% | 49.87% | 52.75% | 60.56% | 75.74% | 69.11% |
| Selling, General & Admin | 196M | 205M | 166.61M | 207.37M | 148M | 143.97M | 18.54M | 1.25B | 865M | 129M | 125M | 934M | 860M | 0 | 0 | 0 | 0 | 633M | 452M | 512M |
| SG&A % of Revenue | 16.51% | 17.75% | 18.53% | 19.66% | 14.48% | 15.57% | 17.62% | 19.39% | 15.61% | 16.56% | 20.73% | 19.97% | 18.25% | - | - | - | - | 20.02% | 21.33% | 19.55% |
| Research & Development | 451M | 459M | 441.63M | 524.41M | 357M | 363.92M | 52.84M | 2.66B | 2.28B | 361M | 335M | 1.95B | 2.09B | 1.85B | 1.74B | 1.64B | 1.49B | 1.28B | 1.15B | 1.3B |
| R&D % of Revenue | 37.99% | 39.74% | 49.11% | 49.72% | 34.93% | 39.35% | 50.21% | 41.36% | 41.21% | 46.34% | 55.56% | 41.64% | 44.31% | 44.45% | 61.43% | 31.94% | 36.36% | 40.54% | 54.41% | 49.56% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 |
| Operating Income | 441M | 407M | 225.83M | 242.27M | 459M | 359.92M | 27.67M | 2.16B | 2.1B | 236M | 116M | 1.67B | 1.69B | 1.47B | 417M | 2.58B | 1.93B | 1.25B | 514M | 809M |
| Operating Margin % | 37.15% | 35.24% | 25.11% | 22.97% | 44.91% | 38.92% | 26.29% | 33.54% | 37.94% | 30.3% | 19.24% | 35.7% | 35.76% | 35.21% | 14.71% | 50.13% | 47.25% | 39.44% | 24.26% | 30.89% |
| Operating Income Growth % | -3.92% | 13.08% | 716.17% | -88.78% | -78.16% | 52.51% | -76.15% | 29.34% | 24.75% | -83.92% | -72.18% | -35.15% | -12.74% | 17.72% | -18.87% | 218.29% | 116.97% | 58.45% | -3.38% | -8.79% |
| EBITDA | 468M | 433M | 186.69M | 98.7M | 477M | 375.92M | 29.92M | 2.17B | 2.21B | 250M | 129M | 1.73B | 1.77B | 1.52B | 471M | 2.63B | 1.99B | 1.31B | 576M | 871M |
| EBITDA Margin % | 39.43% | 37.49% | 20.76% | 9.36% | 46.67% | 40.65% | 28.43% | 33.74% | 39.89% | 32.09% | 21.39% | 36.98% | 37.56% | 36.51% | 16.62% | 51.18% | 48.76% | 41.4% | 27.18% | 33.26% |
| EBITDA Growth % | -1.89% | 15.18% | 523.98% | -95.46% | -78.42% | 50.37% | -76.81% | 25.61% | 24.87% | -83.57% | -72.61% | -34.2% | -11.19% | 16.27% | -18.23% | 201.84% | 110.34% | 55% | -2.29% | -7.78% |
| D&A (Non-Cash Add-back) | 27M | 26M | 0 | 0 | 18M | 16M | 2.25M | 12.99M | 108.13M | 14M | 13M | 60M | 85M | 54M | 54M | 54M | 62M | 62M | 62M | 62M |
| EBIT | 465M | 405M | 186.69M | 98.7M | 485M | 431.91M | 36.65M | 2.27B | 2.12B | 310M | 253M | 932M | 2.68B | 1.47B | 417M | 2.61B | 1.93B | 1.25B | 616M | 969M |
| Net Interest Income | -86M | -74M | -98.36M | 3.99M | 29M | 16M | 4.12M | 170M | 144M | 273M | 42M | 289M | 235M | 202M | 186M | 135M | 91M | 45M | 32M | 32M |
| Interest Income | 25M | 36M | 14.05M | 47.86M | 32M | 24.99M | 4.86M | 224M | 162M | 292M | 46M | 295M | 243M | 209M | 192M | 140M | 97M | 51M | 36M | 35M |
| Interest Expense | 111M | 110M | 112.41M | 43.87M | 3M | 9M | 735.9K | 54M | 18M | 19M | 4M | 6M | 8M | 7M | 6M | 5M | 6M | 6M | 4M | 3M |
| Other Income/Expense | -87M | -112M | -151.56M | -187.43M | 23M | 62.99M | 8.24M | 1.44B | -383M | 71M | 133M | -744M | 985M | 226M | -151M | -2B | 1.34B | 1.24B | 98M | 157M |
| Pretax Income | 354M | 295M | 74.27M | 54.83M | 482M | 422.91M | 35.91M | 3.6B | 1.72B | 307M | 249M | 926M | 2.67B | 1.69B | 266M | 572M | 3.27B | 2.49B | 612M | 966M |
| Pretax Margin % | 29.82% | 25.54% | 8.26% | 5.2% | 47.16% | 45.73% | 34.13% | 55.92% | 31.03% | 39.41% | 41.29% | 19.79% | 56.66% | 40.63% | 9.39% | 11.13% | 80.06% | 78.72% | 28.88% | 36.88% |
| Income Tax | 12M | -8M | 21.08M | 23.93M | 81M | 86.98M | 7.21M | -243M | 453M | 104M | 57M | 286M | 566M | 359M | 56M | 58M | 690M | 598M | 147M | 250M |
| Effective Tax Rate % | 3.39% | -2.71% | 28.38% | 43.64% | 16.8% | 20.57% | 20.08% | -6.75% | 26.35% | 33.88% | 22.89% | 30.89% | 21.2% | 21.19% | 21.05% | 10.14% | 21.09% | 24.03% | 24.02% | 25.88% |
| Net Income | 342M | 303M | 53.2M | 30.91M | 401M | 335.93M | 28.7M | 3.85B | 1.27B | 203M | 192M | 640M | 2.1B | 1.33B | 210M | 514M | 2.58B | 1.89B | 465M | 716M |
| Net Margin % | 28.81% | 26.23% | 5.92% | 2.93% | 39.24% | 36.32% | 27.27% | 59.7% | 22.85% | 26.06% | 31.84% | 13.68% | 44.65% | 32.02% | 7.41% | 10.01% | 63.18% | 59.8% | 21.94% | 27.34% |
| Net Income Growth % | -14.71% | -9.8% | 85.35% | -99.2% | -68.33% | 65.48% | -85.05% | 500.78% | -39.83% | -84.79% | -8.57% | 24.51% | -18.51% | -29.4% | -54.84% | -28.21% | 190.11% | 517.97% | -57.57% | 23.24% |
| Net Income (Continuing) | 342M | 303M | 53.2M | 30.91M | 401M | 335.93M | 28.7M | 3.85B | 1.27B | 203M | 192M | 640M | 2.1B | 1.33B | 210M | 514M | 2.58B | 1.89B | 465M | 716M |
| 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) | 0.55 | 0.49 | 0.08 | 0.05 | 0.65 | 0.54 | 0.05 | 5.99 | 1.95 | 0.31 | 2.02 | 0.97 | 3.23 | 2.06 | 0.32 | 0.88 | 3.92 | 2.87 | 0.71 | 1.08 |
| EPS Growth % | -15.38% | -9.26% | 84.44% | -99.23% | -66.67% | 74.19% | -97.77% | 517.53% | -39.63% | -84.95% | 531.25% | 10.23% | -17.6% | -28.22% | -54.93% | -18.52% | 190.37% | 523.91% | -57.23% | 22.73% |
| EPS (Basic) | 0.56 | 0.49 | 0.09 | 0.05 | 0.65 | 0.54 | 0.05 | 5.99 | 1.95 | 0.32 | 2.03 | 0.98 | 3.26 | 2.08 | 0.32 | 0.90 | 3.96 | 2.89 | 0.71 | 1.10 |
| Diluted Shares Outstanding | 620.69M | 617.11M | 638.55M | 672.59M | 620.74M | 619.93M | 639.34M | 641.54M | 648.85M | 648.85M | 656.59M | 657.87M | 658.73M | 658.42M | 658.31M | 660.7M | 659.18M | 659.8M | 659.57M | 661.42M |
| Basic Shares Outstanding | 612.9M | 613.36M | 613.84M | 616.19M | 615.98M | 617.65M | 637.25M | 641.54M | 648.85M | 648.85M | 653.03M | 653.06M | 653.07M | 652.4M | 654.21M | 652.85M | 652.84M | 655.01M | 657.34M | 654.06M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |