ARGX
argenx·NASDAQ
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ARGX fundamentals
During Q4 2025, argenx (ARGX) reported revenue of 1.32B, a YoY change of 73.69%. Net income was 532.95M, a YoY change of -31.16%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q1,2018 | Q2,2018 | Q1,2019 | Q2,2019 | Q1,2020 | Q2,2020 | Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | Q4,2025 | TTM |
|---|
Start Date | Jan 1, 2018 | Apr 1, 2018 | Jan 1, 2019 | Apr 1, 2019 | Jan 1, 2020 | Apr 1, 2020 | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | Oct 1, 2025 | -- |
End Date | Mar 31, 2018 | Jun 30, 2018 | Mar 31, 2019 | Jun 30, 2019 | Mar 31, 2020 | Jun 30, 2020 | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | 6.86M -- | 14.41M -- | 40.93M +496.44% | 8.05M -44.12% | 25.81M -36.94% | 8.49M +5.46% | 178.57M +591.83% | 320.06M +3669.43% | 7.11M -- | 33.68M -- | 31.48M -82.37% | 85.18M -73.39% | 146.49M +1961.77% | 182.11M +440.65% | 229.88M +630.24% | 281.04M +229.92% | 339.84M +131.99% | 417.84M +129.44% | 412.51M +79.45% | 489.43M +74.15% | 588.88M +73.28% | 761.22M +82.18% | 807.37M +95.72% | 967.19M +97.62% | 1.15B +95.51% | 1.32B +73.69% | 4.25B -- |
Sales and Services Revenue | 6.86M -- | 14.41M -- | 40.93M +496.44% | 8.05M -44.12% | 21.14M -48.35% | 3.54M -55.98% | 158.16M +648.17% | 312.24M +8710.47% | -- -- | 497.28M -- | 23.41M -85.20% | 75.19M -75.92% | 137.98M -- | 174.16M -64.98% | 219.14M +836.02% | 270.55M +259.80% | 329.79M +139.01% | 371.30M +113.20% | 401.00M +82.99% | 474.92M +75.54% | 573.00M +73.75% | 736.97M +98.48% | 790.68M +97.18% | 947.96M +99.61% | 1.13B +96.68% | 1.29B +74.46% | 4.15B -- |
Other Revenue | -- -- | -- -- | -- -- | -- -- | 4.67M -- | 4.95M -- | 20.41M +336.90% | 7.82M +58.06% | 7.11M -- | -463.59M -- | 8.07M -60.47% | 9.99M +27.75% | 8.51M +19.75% | 7.96M +101.72% | 10.74M +33.12% | 10.48M +4.97% | 10.05M +18.12% | 46.54M +484.99% | 11.51M +7.19% | 14.51M +38.40% | 15.88M +58.02% | 24.25M -47.89% | 16.69M +44.95% | 19.23M +32.49% | 24.38M +53.50% | 36.44M +50.27% | 96.73M -- |
Cost of Revenue | -- -- | 0 -- | -- -- | 0 -- | -- -- | 0 -- | -- -- | 0 -- | -- -- | -- -- | 1.37M -- | 5.01M -- | 10.26M -- | 12.79M -- | 18.34M +1236.37% | 24.02M +379.52% | 36.00M +250.73% | 39.48M +208.78% | 43.18M +135.49% | 52.38M +118.04% | 59.07M +64.09% | 72.66M +84.05% | 80.81M +87.14% | 110.75M +111.42% | 109.43M +85.24% | 149.69M +106.02% | 450.67M -- |
Cost of Goods and Services | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 29.43M -- | -- -- | -- -- | 36.00M -- | 39.48M +34.13% | 43.18M -- | 52.38M -- | 59.07M +64.09% | 72.66M +84.05% | 80.81M +87.14% | 110.75M +111.42% | 109.43M +85.24% | 149.69M +106.02% | 450.67M -- |
Gross Profit | 6.86M -- | 14.41M -- | 40.93M +496.44% | 8.05M -44.12% | 25.81M -36.94% | 8.49M +5.46% | 178.57M +591.83% | 320.06M +3669.43% | 7.11M -- | 33.68M -- | 30.11M -83.14% | 80.17M -74.95% | 136.22M +1817.31% | 169.33M +402.70% | 211.54M +602.62% | 257.01M +220.57% | 303.84M +123.04% | 378.36M +123.45% | 369.33M +74.59% | 437.05M +70.05% | 529.81M +74.37% | 688.56M +81.99% | 726.57M +96.72% | 856.44M +95.96% | 1.04B +96.66% | 1.17B +70.28% | 3.80B -- |
Operating Expenses | 24.29M -- | 27.54M -- | 47.71M +96.43% | 63.13M +129.27% | 132.27M +177.22% | 123.97M +96.37% | 178.58M +35.01% | 224.93M +81.43% | 220.06M -- | 264.60M -- | 252.83M +41.58% | 254.72M +13.25% | 344.86M +56.71% | 283.08M +6.99% | 315.03M +24.60% | 357.49M +40.35% | 383.69M +11.26% | 515.20M +81.99% | 460.96M +46.33% | 480.99M +34.55% | 513.64M +33.87% | 583.17M +13.19% | 585.32M +26.98% | 652.60M +35.68% | 691.94M +34.71% | 801.33M +37.41% | 2.73B -- |
Selling, General and Administrative Expenses | 7.26M -- | 33.25M -- | 12.69M +74.82% | 76.20M +129.17% | 27.61M +117.49% | 40.32M -47.09% | 56.25M +103.75% | 73.35M +81.92% | 80.62M -- | 97.42M -- | 100.87M +79.31% | 127.80M +74.24% | 108.18M +34.18% | 135.29M +38.87% | 149.17M +47.89% | 161.98M +26.74% | 191.93M +77.42% | 208.83M +54.36% | 236.00M +58.20% | 255.70M +57.86% | 277.70M +44.69% | 285.94M +36.93% | 276.25M +17.06% | 324.90M +27.06% | 336.29M +21.10% | 429.62M +50.24% | 1.37B -- |
Selling and Marketing Expenses | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 202.15M -- | -- -- | -- -- | -- -- | 306.99M +51.86% | -- -- | -- -- | -- -- | 395.37M +28.79% | -- -- |
Research and Development Expenses | 18.66M -- | -4.24M -- | 39.02M +109.11% | -8.29M -95.51% | 104.66M +168.23% | 84.59M +1120.18% | 122.33M +16.88% | 151.58M +79.19% | 139.44M -- | 167.17M -- | 151.97M +24.23% | 126.92M -16.27% | 236.68M +69.74% | 147.80M -11.59% | 165.85M +9.14% | 195.51M +54.04% | 191.75M -18.98% | 306.37M +107.29% | 224.97M +35.64% | 225.29M +15.23% | 235.94M +23.04% | 297.23M -2.98% | 309.07M +37.38% | 327.70M +45.46% | 355.65M +50.74% | 371.71M +25.06% | 1.36B -- |
Other Operating Expenses | -1.63M -- | -1.48M -- | -4.00M -145.32% | -4.78M -223.89% | -- -- | -934.00K +80.46% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Income | -17.43M -- | -13.13M -- | -6.78M +61.08% | -55.08M -319.62% | -106.46M -1469.54% | -115.48M -109.66% | -14.00K +99.99% | 95.14M +182.38% | -212.96M -- | -230.91M -- | -222.73M -1590800.00% | -174.54M -283.47% | -208.64M +2.03% | -113.75M +50.74% | -103.48M +53.54% | -100.47M +42.44% | -79.84M +61.73% | -136.84M -20.29% | -91.63M +11.45% | -43.94M +56.27% | 16.17M +120.25% | 105.39M +177.02% | 141.25M +254.15% | 203.84M +563.91% | 349.97M +2064.58% | 371.14M +252.15% | 1.07B -- |
Non-Operating Income (Loss) | -4.32M -- | 10.26M -- | 14.56M +436.86% | -3.72M -136.28% | 19.39M +33.18% | -21.55M -478.78% | -29.23M -250.73% | 10.12M +146.93% | -17.91M -- | -13.97M -- | -7.35M +74.87% | -42.44M -519.53% | -32.39M -80.85% | 72.52M +619.09% | 27.30M +471.69% | 16.61M +139.15% | -3.43M +89.40% | 75.66M +4.33% | 17.28M -36.72% | 28.94M +74.17% | 71.86M +2192.49% | -18.88M -124.96% | 61.11M +253.69% | 83.06M +187.03% | 36.08M -49.78% | 32.16M +270.30% | 212.41M -- |
Income (Loss) from Affiliates | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -677.00K -- | -261.00K -- | -1.62M -- | -743.00K -- | -1.79M -164.11% | -1.79M -586.59% | -1.52M +6.05% | -1.98M -166.62% | -2.35M -31.43% | -2.31M -28.74% | -2.78M -82.77% | -3.78M -90.61% | -3.53M -50.09% | -12.39M -- |
Income (Loss) from Joint ventures | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -677.00K -- | -- -- | -- -- | -743.00K -- | -1.79M -164.11% | -1.79M -- | -1.52M -- | -1.98M -166.62% | -2.35M -31.43% | -2.31M -28.74% | -2.78M -82.77% | -3.78M -90.61% | -3.53M -50.09% | -12.39M -- |
Gain (Loss) on Change in Fair Value | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -3.34M -- | -- -- | -- -- | -- -- | 1.21M +136.28% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Gain (Loss) on Foreign Currency Exchange | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -50.05M -- | -- -- | -- -- | -- -- | -32.73M +34.61% | -- -- | -- -- | -32.51M -- | 37.42M +214.32% | -- -- | -- -- | 33.93M +204.36% | -54.92M -246.78% | -- -- | -- -- | -1.85M -105.45% | -8.36M +84.77% | -- -- |
Other Non-Operating Income (Loss) | -4.92M -- | 9.36M -- | 10.68M +317.27% | -7.99M -185.40% | 22.99M +115.22% | -22.74M -184.57% | -28.82M -225.36% | 10.44M +145.91% | -17.61M -- | 35.99M -- | -7.21M +74.96% | -46.17M -542.23% | -39.61M -124.89% | 92.99M +158.39% | 11.16M +254.77% | -2.00M +95.67% | -- -- | -- -- | -19.31M -272.97% | -7.90M -294.95% | -- -- | -- -- | 27.44M +242.08% | 48.56M +714.51% | -- -- | -- -- | -- -- |
Net Interest Expense | -592.59K -- | -904.97K -- | -3.88M -555.20% | -4.27M -371.57% | 3.59M +192.49% | -1.19M +72.16% | 420.00K -88.30% | 325.00K +127.36% | 295.00K -- | -3.43M -- | 132.00K -68.57% | -3.73M -1248.92% | -7.22M -2548.14% | -11.72M -241.51% | -16.40M -12524.24% | -20.23M -441.89% | -29.82M -312.88% | -40.03M -241.42% | -38.38M -134.04% | -38.36M -89.59% | -39.91M -33.85% | -38.39M +4.09% | -35.98M +6.25% | -37.27M +2.84% | -41.71M -4.50% | -44.05M -14.73% | -159.01M -- |
Interest Expense | -- -- | -- -- | -- -- | -- -- | 3.59M -- | -1.19M -- | 1.18M -67.03% | 1.19M +200.08% | 1.10M -- | -2.38M -- | 953.00K -19.51% | 1.18M -0.93% | 785.00K -28.64% | -723.00K +69.60% | 188.00K -80.27% | 207.00K -82.43% | 231.00K -70.57% | 280.00K +138.73% | 512.00K +172.34% | 572.00K +176.33% | 676.00K +192.64% | 704.00K +151.43% | 1.14M +121.68% | 1.13M +96.85% | 993.00K +46.89% | 828.00K +17.61% | 4.08M -- |
Interest Income | 592.59K -- | 904.97K -- | 3.88M +555.20% | 4.27M +371.57% | -- -- | -- -- | 764.00K -- | 864.00K -- | 805.00K -- | 1.05M -- | 821.00K +7.46% | 4.91M +468.52% | 8.01M +894.66% | 11.00M +942.75% | 16.59M +1920.46% | 20.44M +316.14% | 30.05M +275.28% | 40.31M +266.40% | 38.90M +134.48% | 38.93M +90.47% | 40.59M +35.07% | 39.09M -3.01% | 37.12M -4.57% | 38.40M -1.37% | 42.70M +5.21% | 44.87M +14.78% | 163.09M -- |
Pretax Income From Continuing Operations | -21.75M -- | -2.86M -- | 7.78M +135.77% | -58.80M -1953.77% | -87.06M -1219.09% | -137.03M -133.04% | -29.25M +66.41% | 105.25M +176.81% | -230.87M -- | -244.88M -- | -230.07M -686.60% | -216.98M -306.15% | -241.02M -4.40% | -41.24M +83.16% | -76.18M +66.89% | -83.86M +61.35% | -83.28M +65.45% | -61.18M -48.35% | -74.35M +2.40% | -15.00M +82.11% | 88.02M +205.70% | 86.51M +241.41% | 202.36M +372.17% | 286.90M +2012.28% | 386.05M +338.58% | 403.29M +366.19% | 1.28B -- |
Income Tax Expense | -- -- | -36.20K -- | 202.10K -- | 193.36K +634.16% | 1.20M +493.75% | 1.29M +567.67% | 11.18M +832.00% | 1.65M +27.89% | 2.75M -- | -7.06M -- | -2.88M -125.80% | -8.23M -598.43% | -5.98M -317.61% | -2.62M +62.84% | -47.31M -1539.76% | 10.51M +227.68% | -10.64M -77.82% | 37.99M +1547.94% | -12.75M +73.04% | -44.07M -519.43% | -3.39M +68.17% | -687.65M -1909.90% | 32.89M +357.92% | 41.54M +194.26% | 41.80M +1334.35% | -129.66M +81.15% | -13.43M -- |
Current Income Tax | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 14.83M -- | -- -- | -- -- | -- -- | 27.17M +83.29% | -- -- | -- -- | -- -- | 11.67M -57.05% | -- -- | -- -- | 13.00M -- | 24.84M +112.86% | -- -- | -- -- | 52.00M +300.00% | 216.04M +769.55% | -- -- |
Deferred Income Tax | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -6.30M -- | -- -- | -- -- | -- -- | -46.89M -643.88% | -- -- | -- -- | -- -- | -21.11M +54.97% | -- -- | -- -- | -17.00M -- | -712.71M -3275.35% | -- -- | -- -- | -10.00M +41.18% | -345.47M +51.53% | -- -- |
Income Tax Adjustments | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 614.00K -- | 208.00K -- | -- -- | -- -- | -205.00K -133.39% | -228.00K -209.62% | -- -- |
Net Income | -21.75M -- | -2.83M -- | 7.58M +134.84% | -59.00M -1986.91% | -88.26M -1264.77% | -138.33M -134.46% | -40.43M +54.19% | 103.60M +174.90% | -233.61M -- | -237.82M -- | -227.19M -461.89% | -208.75M -301.50% | -235.04M -0.61% | -38.62M +83.76% | -28.87M +87.29% | -94.37M +54.79% | -72.64M +69.09% | -99.17M -156.82% | -61.60M -113.35% | 29.07M +130.80% | 91.41M +225.84% | 774.16M +880.62% | 169.47M +375.13% | 245.36M +744.14% | 344.26M +276.61% | 532.95M -31.16% | 1.29B -- |
Net Income Attributable to Owners of the Company | -21.75M -- | -2.83M -- | 7.58M +134.84% | -59.00M -1986.91% | -88.26M -1264.77% | -138.33M -134.46% | -40.43M +54.19% | 103.60M +174.90% | -233.61M -- | -237.82M -- | -227.19M -461.89% | -208.75M -301.50% | -235.04M -0.61% | -38.62M +83.76% | -28.87M +87.29% | -94.37M +54.79% | -72.64M +69.09% | -99.17M -156.82% | -61.60M -113.35% | 29.07M +130.80% | 91.41M +225.84% | 774.16M +880.62% | 169.47M +375.13% | 245.36M +744.14% | 344.26M +276.61% | 532.95M -31.16% | 1.29B -- |
Net Income Attributable to Common Stockholders | -21.75M -- | -2.83M -- | 7.58M +134.84% | -59.00M -1986.91% | -88.26M -1264.77% | -138.33M -134.46% | -40.43M +54.19% | 103.60M +174.90% | -233.61M -- | -237.82M -- | -227.19M -461.89% | -208.75M -301.50% | -235.04M -0.61% | -38.62M +83.76% | -28.87M +87.29% | -94.37M +54.79% | -72.64M +69.09% | -99.17M -156.82% | -61.60M -113.35% | 29.07M +130.80% | 91.41M +225.84% | 774.16M +880.62% | 169.47M +375.13% | 245.36M +744.14% | 344.26M +276.61% | 532.95M -31.16% | 1.29B -- |
Other Comprehensive Income | -- -- | 0 -- | -- -- | 0 -- | -- -- | 2.42M -- | -- -- | 17.60M +628.22% | -- -- | -- -- | -- -- | -- -- | -- -- | -20.67M -- | -- -- | -926.00K -- | -- -- | -- -- | -- -- | -8.29M -795.25% | -- -- | -5.36M -- | -- -- | 11.51M +238.78% | -- -- | 6.88M +228.38% | -- -- |
Total Comprehensive Income | -21.75M -- | -2.83M -- | 7.58M +134.84% | -59.00M -1986.91% | -88.26M -1264.77% | -135.91M -130.37% | -40.43M +54.19% | 121.20M +189.18% | -233.61M -- | -- -- | -- -- | -- -- | -- -- | -730.27M -- | -- -- | -124.17M -- | -- -- | -- -- | -- -- | -40.82M +67.12% | -- -- | 827.68M -- | -- -- | 426.33M +1144.39% | -- -- | 1.30B +56.93% | -- -- |
Total Comprehensive Income Attributable to Owners of the Company | -21.75M -- | -2.83M -- | 7.58M +134.84% | -59.00M -1986.91% | -88.26M -1264.77% | -135.91M -130.37% | -40.43M +54.19% | 121.20M +189.18% | -233.61M -- | -280.16M -- | -- -- | -- -- | -- -- | -730.27M -160.66% | -- -- | -- -- | -- -- | -294.70M +59.64% | -- -- | -- -- | -- -- | 827.68M +380.85% | -- -- | -- -- | -- -- | 1.30B +56.93% | -- -- |
Basic EPS | -0.68 -- | -0.09 -- | 0.2 +129.41% | -1.55 -1622.22% | -2.06 -1130.00% | -2.94 -89.68% | -0.81 +60.68% | 2.02 +168.71% | -4.54 -- | -4.61 -- | -4.36 -438.27% | -3.81 -288.61% | -4.26 +6.17% | -0.7 +84.82% | -0.52 +88.07% | -1.69 +55.64% | -1.25 +70.66% | -1.68 -140.00% | -1.04 -100.00% | 0.49 +128.99% | 1.52 +221.60% | 12.74 +858.33% | 2.78 +367.31% | 4.01 +718.37% | 5.61 +269.08% | 8.61 -32.42% | 21.01 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -1.25 -- | -- -- | -1.04 -- | -- -- | 1.52 +221.60% | -- -- | 2.78 +367.31% | -- -- | 5.61 +269.08% | -- -- | -- -- |
Diluted EPS | -0.68 -- | -- -- | 0.19 +127.94% | -- -- | -2.06 -1184.21% | -- -- | -0.81 +60.68% | -- -- | -4.54 -- | -4.61 -- | -4.36 -438.27% | -3.81 -- | -4.26 +6.17% | -- -- | -0.52 +88.07% | -- -- | -1.25 +70.66% | -1.68 -- | -1.04 -100.00% | -- -- | 1.39 +211.20% | -- -- | 2.58 +348.08% | -- -- | 5.18 +272.66% | -- -- | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -1.25 -- | -- -- | -1.04 -- | -- -- | 1.39 +211.20% | -- -- | 2.58 +348.08% | -- -- | 5.18 +272.66% | -- -- | -- -- |
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