Genmab A/S

Genmab A/S

GMAB
Genmab A/SUS flagNASDAQ Global Select
23.88
USD
+0.03
- -
14.66BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.24
0.25
0.28
0.43
0.63
0.76
1.28
2.56
1.95
3.17
3.66
4.86
- -
6.28
Basic EPS, GAAP
0.04
0.09
0.19
0.28
0.29
0.37
0.52
1.21
0.69
1.19
0.97
1.77
- -
1.32
Free Cash Flow per Basic Share
-0.05
0.02
0.04
0.07
0.4
0.13
0.29
1.55
0.46
0.79
1.56
1.69
- -
1.4
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.93
-1.44
-1.04
-0.72
-0.48
-0.03
0.52
1.82
2.34
3.25
4.21
5.3
- -
6.6
Tangible Book Value per Share
0.24
0.57
0.82
1.1
1.63
1.89
3.23
4.76
5.09
5.94
7.15
4.76
- -
-5.83
Basic Weighted Avg Shares
510
563
585
599
608
613
630
652
656
658
653
642
- -
622
Sales/Revenue/Turnover
123
139
166
257
381
463
804
1,671
1,281
2,088
2,390
3,121
3,720
3,901
Operating Margin (%)
10.44
31.18
64.46
57.97
56.83
45.62
49.16
62.44
35.08
43.21
32.3
32.52
33.6
32.99
Depreciation Expense
2
2
5
6
11
13
21
43
38
52
43
60
71
84
Net Income, GAAP
21
49
112
168
178
225
325
786
450
785
631
1,133
963
821
Effective Tax Rate (%)
- -
- -
- -
- -
- -
8.68
24.24
19.41
24.53
21.5
22.77
14.56
20.02
20.6
Profit Margin (%)
16.93
35.43
67.39
65.36
46.68
48.66
40.37
47.06
35.13
37.59
26.4
36.3
25.89
21.05
Working Capital
145
345
477
635
924
1,071
1,952
2,899
3,223
3,799
4,544
3,156
1,458
1,395
LT Debt
- -
- -
- -
- -
- -
- -
23
46
55
75
101
131
5,135
5,058
Total Equity
122
332
511
683
1,011
1,228
2,106
3,160
3,379
3,927
4,687
5,137
5,847
5,682
Return on Invested Capital (%)
- -
- -
- -
- -
- -
17.1
17.67
31.39
10.19
18.99
13.52
16.79
11.88
12.24
Return on Capital (%)
- -
- -
- -
- -
- -
-145.47
194.21
98.81
31.82
41.24
25.11
35.85
15.47
14.53
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
103.84
33.09
42.69
25.82
36.85
25.65
21.47

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
16
291
293
LT Borrowings
- -
5,001
4,933
LT Finance Leases
126
134
125
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
61
Market Capitalization
121,981
122,420
108,142

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,471
2,885
2,573
Cash, Cash Equivalents & STI
3,411
1,715
1,521
Accounts Receivable, Net
1,046
1,112
968
Inventories
14
18
21
Total Current Liabilities
741
1,427
1,178
Payables & Accruals
722
1,112
861
ST Debt
16
291
293
Deferred Revenue
3
24
24

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.07%
13.18%
13.82%
Free Cash Flow
116.2%
21.84%
4.53%
Net Income, GAAP
34.56%
15.3%
-15%
Sales/Revenue/Turnover
40.99%
20.77%
19.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
603
779
816
744
3,121
2025
715
925
1,022
1,058
3,720
2026
896
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.32
0.29
- -
1.77
2025
0.31
0.54
0.65
- -
- -
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jan van de Winkel
Full Time Employees
2,638
Sector
Healthcare
Industry
Biotechnology
Address
Kalvebod Brygge 43 Copenhagen Denmark 1560
IPO Date
Jun 1, 2009
Website
genmab.com
Business
Genmab A/S develops differentiated antibody therapeutics targeting cancer and other serious diseases using proprietary platforms including DuoBody, HexaBody, UniBody and HuMab-Mouse technologies; core products encompass approved medicines such as EPKINLY (epcoritamab, a CD3xCD20 bispecific T-cell engager for relapsed/refractory diffuse large B-cell lymphoma marketed with AbbVie), TIVDAK (tisotumab vedotin, a tissue factor-directed antibody-drug conjugate for recurrent/metastatic cervical cancer marketed with Seagen), royalties from partner-marketed DARZALEX (daratumumab for multiple myeloma and AL amyloidosis by Janssen), Kesimpta (ofatumumab for relapsing remitting multiple sclerosis by Novartis), RYBREVANT (amivantamab for non-small cell lung cancer by Janssen), TECVAYLI and TALVEY (teclistamab and talquetamab bispecifics for relapsed/refractory multiple myeloma by Janssen) and TEPEZZA (teprotumumab for thyroid eye disease by Horizon); the company advances a broad pipeline of proprietary and partnered bispecific antibodies, antibody-drug conjugates and immune checkpoint modulators in oncology and autoimmune indications. Founded in 1999 and headquartered in Copenhagen, Denmark, Genmab operates globally through subsidiaries in the Netherlands, United States, Japan, Germany and China, serving pharmaceutical partners and patients across North America, Europe and Asia Pacific. Recent developments include the 2024 acquisition of ProfoundBio for $1.8 billion to bolster its antibody-drug conjugate capabilities (with subsequent discontinuation of certain assets), the September 2025 announcement of an $8 billion acquisition of Merus to integrate petosemtamab (a late-stage bispecific for head and neck cancer) and accelerate transition to a wholly owned model, successful independent launches and international expansions of EPKINLY and TIVDAK in Europe and Japan, and positive Phase III data for epcoritamab expansions plus Rina-S programs driving projected double-digit revenue growth to $3.5-3.7 billion in 2025.

Company News

APIChat
  • Transactions with Shares and Linked Securities in Genmab A/S Made by Managerial Employees and Their Closely Associated Persons

  • Genmab to Highlight Advances Across Its Oncology Portfolio at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting and the European Hematology Association (EHA) 2026 Congress

  • Genmab A/S (GMAB) Q1 2026 Earnings Call Transcript

  • Capital Increase in Genmab as a Result of Employee Warrant Exercise

  • Genmab Announces Financial Results for the First Quarter of 2026

  • Genmab A/S Share Capital Reduction

  • Major Shareholder Announcement

  • Genmab Announces Net Sales of DARZALEX® (daratumumab) for First Quarter of 2026

  • Genmab Presents the Safety and Tolerability of Rinatabart Sesutecan (Rina-S®) in Combination with Bevacizumab in Advanced Ovarian Cancer

  • Genmab Presents the Safety and Tolerability of Rinatabart Sesutecan (Rina-S®) in Combination with Bevacizumab in Advanced Ovarian Cancer

  • Genmab: Multiple Binaries Could Alter The Thesis

  • JPMorgan Chase & Co. Decreases Position in Genmab A/S Sponsored ADR $GMAB

  • Transactions with Shares and Linked Securities in Genmab A/S Made by Managerial Employees and Their Closely Associated Persons

  • Major Shareholder Announcement

  • Major Shareholder Announcement

  • Here Are Friday’s Top Wall Street Analyst Research Calls: Brown-Forman, Chord Energy, Emerson Electric, FuboTV, Genmab, Honeywell, Knight-Swift, Wix.Com, and More

  • Constitution of the Board of Directors in Genmab A/S and Grant of Restricted Stock Units and Warrants to Employees in Genmab

  • Passing of Genmab A/S' Annual General Meeting

  • Completion of Share Buy-back Program

  • Alliancebernstein L.P. Has $335.96 Million Stock Holdings in Genmab A/S Sponsored ADR $GMAB