argenx (ADR) (ARGX)
Develops antibody medicines for severe autoimmune diseases around the VYVGART franchise.
$941.32
vs last close−22.47 (−2.33%)
In millions of USD, except per-share figures
| In millions | Q1 FY23Mar 2023 | Q2 FY23Jun 2023 | Q3 FY23Sep 2023 | Q4 FY23Sep 2023 | Q2 FY24Mar 2024 | Q1 FY24Mar 2024 | Q3 FY24Sep 2024 | Q4 FY24Sep 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q4 FY25Dec 2025 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | −258 | 468 | 330 | 330 | 401 | 401 | 573 | 573 | 791 | 948 | 3,206 | 2,816 |
| Cost of revenue | −808 | 370 | 36 | 36 | 43 | 43 | 59 | 59 | 81 | 111 | 340 | 279 |
| Gross profit | 550 | 107 | 294 | 294 | 358 | 358 | 514 | 514 | 710 | 837 | 2,866 | 2,536 |
| 507 | 287 | 374 | 374 | 451 | 451 | 500 | 500 | 569 | 633 | 2,015 | 1,690 | |
| Research & development | −115 | 331 | 192 | 192 | 225 | 225 | 236 | 236 | 309 | 328 | 443 | 486 |
| −131 | 285 | 192 | 192 | 236 | 236 | 278 | 278 | 276 | 321 | 355 | 773 | |
| Selling & marketing | 202 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 240 |
| General & administrative | 507 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 533 |
| Other expenses | 752 | −359 | −9 | −9 | −10 | −10 | −14 | −14 | −17 | −16 | 1,217 | 431 |
| Operating income | 43 | −189 | −81 | −81 | −93 | −93 | 14 | 14 | 141 | 204 | 851 | 847 |
| 14 | 46 | −3 | −3 | 19 | 19 | 74 | 74 | 61 | 83 | 141 | 112 | |
| Interest income | 3 | 37 | 30 | 30 | 39 | 39 | 41 | 41 | 37 | 38 | 44 | 92 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Other non-operating income | −120 | −2 | 2 | 2 | −20 | −20 | −75 | −75 | −62 | −84 | −144 | 0 |
| Income before tax | 56 | −147 | −83 | −83 | −74 | −74 | 88 | 88 | 202 | 287 | 992 | 959 |
| Income tax expense | 10 | −34 | −11 | −11 | −13 | −13 | −3 | −3 | 33 | 42 | −55 | 119 |
| Net income from continuing operations | 46 | −113 | −73 | −73 | −62 | −62 | 91 | 91 | 169 | 245 | 1,047 | 840 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 |
| Net income | 46 | −113 | −73 | −73 | −62 | −62 | 91 | 91 | 169 | 245 | 1,047 | 839 |
| EPS, basic | $0.77 | −$2.03 | −$1.25 | −$1.25 | −$1.04 | −$1.04 | $1.52 | $1.52 | $2.78 | $6.85 | $14.25 | $13.49 |
| EPS, diluted | $0.77 | −$2.03 | −$1.25 | −$1.25 | −$1.04 | −$1.04 | $1.39 | $1.39 | $2.58 | $6.37 | $13.22 | $13.02 |
| Weighted average shares, basic | 56 | 56 | 58 | 58 | 59 | 59 | 60 | 60 | 61 | 61 | 61 | 62 |
| Weighted average shares, diluted | 56 | 56 | 58 | 58 | 59 | 59 | 66 | 66 | 66 | 66 | 66 | 64 |
| EBITDA | 156 | −183 | −83 | −83 | −74 | −74 | 89 | 89 | 203 | 288 | 1,009 | 864 |
| Depreciation & amortization | 16 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 17 |
| EBIT | 163 | −187 | −83 | −83 | −74 | −74 | 89 | 89 | 203 | 288 | 995 | 847 |
