Regeneron Pharmaceuticals, Inc. (REGN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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REGN Revenue Growth
Revenue Breakdown (FY 2025)
REGN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
REGN Revenue Analysis (2014–2025)
As of May 6, 2026, Regeneron Pharmaceuticals, Inc. (REGN) generated trailing twelve-month (TTM) revenue of $14.92 billion, reflecting strong growth of +19.0% year-over-year. The most recent quarter (Q1 2026) recorded $3.61 billion in revenue, down 7.2% sequentially.
Looking at the longer-term picture, REGN's 5-year compound annual growth rate (CAGR) stands at +11.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $16.07 billion in 2021.
Revenue diversification analysis shows REGN's business is primarily driven by Collaboration Revenue (51%), Product (44%), and Product and Service, Other (5%). With over half of revenue concentrated in Collaboration Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including BIIB (+0.4% YoY), VRTX (+10.4% YoY), and INCY (+21.5% YoY), REGN has underperformed the peer group in terms of revenue growth. Compare REGN vs BIIB →
REGN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| REGNCurrent | $14.9B | +19.0% | +11.0% | 24.9% | |
 BIIB | $9.8B | +0.4% | -6.1% | 19.1% | |
 VRTX | $12.1B | +10.4% | +14.2% | 39.4% | |
 INCY | $5.1B | +21.5% | +14.0% | 26.1% | |
 BMRN | $3.2B | +9.9% | +11.6% | 16.6% | |
 ABBV | $61.2B | +8.6% | +6.0% | 32.8% |
REGN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $14.34B | +1.0% | $12.24B | 85.4% | $3.58B | 24.9% |
| 2024 | $14.20B | +8.3% | $12.23B | 86.1% | $3.99B | 28.1% |
| 2023 | $13.12B | +7.8% | $10.87B | 82.9% | $4.35B | 33.2% |
| 2022 | $12.17B | -24.3% | $10.47B | 86.0% | $5.39B | 44.2% |
| 2021 | $16.07B | +89.1% | $13.35B | 83.1% | $8.95B | 55.7% |
| 2020 | $8.50B | +29.6% | $7.14B | 84.0% | $3.58B | 42.1% |
| 2019 | $6.56B | -2.3% | $5.58B | 85.1% | $2.21B | 33.7% |
| 2018 | $6.71B | +14.3% | $6.13B | 91.3% | $2.53B | 37.8% |
| 2017 | $5.87B | +20.8% | $5.33B | 90.8% | $2.08B | 35.4% |
| 2016 | $4.86B | +18.4% | $4.46B | 91.7% | $1.33B | 27.4% |
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Start ComparisonREGN — Frequently Asked Questions
Quick answers to the most common questions about buying REGN stock.
Is REGN's revenue growth accelerating or slowing?
REGN revenue is accelerating at +19.0% year-over-year, exceeding the 5-year CAGR of +11.0%. TTM revenue reached $14.9B. Growth momentum has increased versus prior periods.
What is REGN's long-term revenue growth rate?
Regeneron Pharmaceuticals, Inc.'s 5-year revenue CAGR of +11.0% reflects the sustained expansion pattern. Current YoY growth of +19.0% is above this long-term average.
How is REGN's revenue distributed by segment?
REGN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.