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Stocks / Foreign companies / ARGX · Biological Products, (No Diagnostic Substances)

argenx SE (ARGX)

argenx SE files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2025 it reported revenue from the sale of goods of USD 4,151 million, up 89.9% on the year before. Its profit attributable to shareholders was USD 1,292 million, up 55.1%, and diluted earnings per share USD 19.57.

Earnings per share are per ordinary share, in US dollars. The share that trades in the US can be a depositary share standing for more or fewer ordinary shares, so no price ratio is worked out on this page.

The public record on ARGX

Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.54 by open interest on 26 September 2026; the straddle prices a 6.5% move to 16 October 2026
Holders10 of the followed funds hold it; largest FMR LLC; 3 Schedule 13D or 13G filings in twelve months
Congress0 House trades disclosed in six months
Short interest1.3 million shares short, 6.31 days to cover at 15 September 2026

Profit and loss, 8 fiscal years

Year toDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020*Dec 2019Dec 2018
Revenue from the sale of goods4,1512,1861,191401n/an/an/an/a
Cost of sales45122711829.4n/an/an/an/a
Research and development1,36498385966358137122183.6
Selling, general and administrative1,3671,055712472n/an/an/an/a
Operating profit1,054-21.7-425-720-349-478-199-81.8
Finance costs4.12.50.93.94.68.0n/an/a
Profit before tax1,27985.2-304-729-400-605-176n/a
Income tax-13.4-748-9.4-19.78.53.15.3n/a
Profit for the year1,292833-295-710-408-608-181-66.6
Profit attributable to shareholders1,292833-295-710-408-608-181-66.6

USD million, from each year's annual report on the SEC's EDGAR, the year linked to its filing, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated. A year marked * shows the figure as the company restated it in a later annual report (Dec 2020); the first-filed figure is in the CSV. Profit attributable to shareholders is the profit for the year; the company reports no minority interests. Profit for the year includes the part that belongs to minority shareholders; profit attributable to shareholders is the part EPS is struck on.

Year toDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020*Dec 2019Dec 2018
Diluted EPS19.5712.78-5.16-13.05-7.99-13.40-4.69n/a
Basic EPS21.0813.92-5.16-13.05-7.99-13.40-4.69n/a

USD per ordinary share, as filed.

Cash flow

Year toDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020*Dec 2019Dec 2018
Cash from operations685-82.7-420-863-607-398152n/a
Purchase of property, plant and equipment6.21.80.80.83.61.11.8n/a
Free cash flow679-84.5-421-864-610-400150n/a

USD million. Purchase of property, plant and equipment is the cash line as filed; purchases of intangible assets and acquisitions are not in it. Free cash flow is cash from operations less that purchase, arithmetic on the two filed lines.

Balance sheet at year end

Year toDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020*Dec 2019Dec 2018
Total assets8,6836,2034,5423,1342,8502,2791,610n/a
Equity attributable to shareholders7,3235,4984,0982,8142,5341,6741,180616
Cash and cash equivalents3,4911,5002,0498011,3351,217372322
Borrowings, as filedn/an/a7.2n/an/an/an/an/a
Lease liabilities47.239.120.012.411.59.77.3n/a
Trade and other receivables1,64790449727638.27.031.6n/a
Inventories47440731122810925.2n/an/a

USD million, at each fiscal year end. Borrowings is the company's own stated total where it files one; it is never added up from its parts here.

Ratios on the filed lines

Year toDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020*Dec 2019Dec 2018
Return on year-end equity17.6%15.2%-7.2%-25.2%-16.1%-36.3%-15.4%-10.8%
Effective tax rate-1.1%-878.0%n/an/an/an/an/an/a

Arithmetic on the filed lines of the same year: margins over revenue, return on equity as profit attributable to shareholders over year-end equity, tax over profit before tax.

Annual reports on EDGAR

FormYear toFiled
20-F31 December 202519 March 2026EDGAR
20-F31 December 202420 March 2025EDGAR
20-F31 December 202321 March 2024EDGAR
20-F31 December 202216 March 2023EDGAR
20-F31 December 202121 March 2022EDGAR
20-F31 December 202030 March 2021EDGAR
20-F31 December 201931 March 2020EDGAR
20-F31 December 201826 March 2019EDGAR
20-F31 December 201726 March 2018EDGAR

The same record on your computer

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