argenx SE

argenx SE

795.30
EUR
+18.30
(+2.36%)
22.88EPS
33.41P/E
50.87BMarket Cap
Mar 04Next Earn
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
0.32
0.73
0.48
0.87
1.78
0.68
2.03
0.91
9.74
7.55
21.45
36.59
67.76
84.77
Basic EPS, GAAP
-0.74
-2.01
-1.06
-1.26
-1.37
-2.12
-4.69
-13.4
-7.99
-13.05
-5.16
13.92
21.08
27.81
Free Cash Flow per Basic Share
-0.81
-1.06
-0.99
0.57
-1.8
-1.73
2.72
-8.89
-14.26
-17.78
-8.12
-2.52
9.36
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.63
4.69
2.58
3.49
12.86
17.12
27.6
35.19
49.05
50.79
69.22
90.49
118.34
134.59
Tangible Book Value per Share
2.63
4.69
2.58
3.49
12.86
17.12
26.55
31.67
45.73
47.64
67.11
87.5
113.94
130.34
Basic Weighted Avg Shares
16
8
16
19
25
36
39
45
51
54
57
60
61
62
Sales/Revenue/Turnover
5
6
7
16
44
25
78
41
497
411
1,226
2,190
4,153
5,228
Operating Margin (%)
-232.69
-286.02
-227.68
-145.56
-62.97
-381.01
-255.04
-1,165.21
-72.37
-176.24
-34.3
-0.81
25.39
30.56
Depreciation Expense
- -
- -
- -
- -
1
1
2
4
6
104
111
18
28
- -
Net Income, GAAP
-12
-15
-17
-24
-34
-76
-181
-608
-408
-710
-295
833
1,292
1,715
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.78
Profit Margin (%)
-229.03
-274.6
-223.4
-145.27
-77.1
-310.22
-230.95
-1,475.29
-82.1
-172.76
-24.06
38.03
31.11
32.81
Working Capital
40
72
39
77
411
609
1,363
1,729
2,242
2,472
3,701
4,213
5,579
6,493
LT Debt
- -
- -
- -
- -
- -
- -
5
6
8
9
15
33
36
36
Total Equity
41
74
41
70
414
616
1,180
1,674
2,534
2,814
4,098
5,498
7,323
8,417
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.44
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
23.54
Return on Common Equity (%)
-36.85
-26.41
-29.25
-42.67
-13.92
-14.81
-20.18
-42.63
-19.4
-26.54
-8.54
17.36
20.15
23.64

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11
- -
11
LT Borrowings
- -
- -
- -
LT Finance Leases
36
- -
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
63
Market Capitalization
52,009
44,561
58,115

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,899
- -
8,068
Cash, Cash Equivalents & STI
4,440
- -
5,184
Accounts Receivable, Net
1,490
- -
1,832
Inventories
474
- -
371
Total Current Liabilities
1,320
- -
1,575
Payables & Accruals
695
- -
925
ST Debt
11
- -
11
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
91.95%
35.08%
33.19%
Free Cash Flow
-187.8%
-97.19%
-479.69%
Net Income, GAAP
23.88%
-68.95%
55.1%
Sales/Revenue/Turnover
186.88%
291.02%
89.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
401
478
573
738
2,190
2025
790
948
1,127
1,288
4,153
2026
1,298
1,515
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.04
0.49
1.52
12.94
13.92
2025
2.77
4.02
5.64
8.68
21.08
2026
5.9
7.59
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

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

Company Description

CEO
Karen Massey
Full Time Employees
1,863
Sector
Health technology
Industry
Biotechnology
Address
Laarderhoogtweg 25 Amsterdam NH Netherlands 1101 EB
IPO Date
Jul 10, 2014
Website
argenx.com
Business
argenx SE argenx SE is a commercial-stage global immunology company that develops differentiated antibody-based therapies for severe autoimmune diseases; it offers VYVGART (efgartigimod), a first-in-class FcRn blocker approved in more than 30 countries including the US, EU, UK, Japan, Israel, China and Australia for generalized myasthenia gravis (gMG) in both intravenous and subcutaneous formulations (VYVGART SC), for chronic inflammatory demyelinating polyneuropathy (CIDP) in the US, China and Japan (as VYVDURA), and for immune thrombocytopenia (ITP) in Japan (as VYVDURA); it advances empasiprubart, a C2 complement inhibitor in Phase 3 for multiple autoimmune indications including multifocal motor neuropathy; and it progresses earlier-stage candidates such as ARGX-119 (MuSK agonist) in proof-of-concept for congenital myasthenic syndrome, amyotrophic lateral sclerosis and spinal muscular atrophy, alongside preclinical assets ARGX-213 (FcRn), ARGX-121 (IgA), ARGX-220 and ARGX-109 (IL-6). The company leverages its Immunology Innovation Program (IIP) and proprietary technologies including SIMPLE ANTIBODY platform, NHANCE, ABDEG, POTELLIGENT and DHS mutations to engineer antibodies; it operates through subsidiaries in the US (Boston), Belgium (Zwijnaarde), Japan (Tokyo), France, UK, Netherlands, Switzerland, Germany, Canada, Italy, Spain, Portugal, Australia and Austria; founded in 2008 and headquartered in Amsterdam, Netherlands, argenx SE conducts R&D primarily in Belgium and commercializes products globally targeting underserved patients in immunology. Recent developments include expansion of its ENHANZE license agreement with Halozyme in September 2024 by nominating four additional targets for a total of six including FcRn and C2 to enable subcutaneous formulations; a new manufacturing partnership expansion with FUJIFILM featuring a site in North Carolina; topline results from the registrational EMPASSION Phase 3 study in multifocal motor neuropathy for empasiprubart; plans for five registrational readouts in 2026 and submission of a supplemental BLA for seronegative gMG by end-2025; and combined 2025 R&D and SG&A guidance of approximately $2.5 billion.

Company News

  • argenx to Report Third Quarter 2026 Financial Results and Business Update on October 22, 2026

  • ARGX Investors with $100,000 in Losses Have Opportunity to Join argenx SE Fraud Investigation with SBS Law

  • argenx Meets Primary Endpoint in Phase II Celiac Disease Study

  • ARGX Stock Down on Stopping Late-Stage Autoimmune Disease Study

  • argenx: The Sjögren's Selloff Looks Overdone

  • argenx Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into argenx (ARGX)

  • HALO Wins Court Order Blocking Merck's Keytruda SC in Europe

  • argenx shares drop after trial of Vyvgart in Sjögren's disease is halted

  • Argenx Halts Phase 3 Study in Rare Disease Following Futility Analysis

  • Argenx, Caribou Biosciences And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

  • Argenx discontinues Vyvgart study in Sjögren's disease, shares tumble

  • Argenx Shares Plunge After Autoimmune-Disease Trial Halt

  • argenx Provides Update on Phase 3 UNITY Study of Efgartigimod SC in Sjögren's Disease

  • argenx Announces Positive Topline Results from Phase 2 Study of FB102 in Celiac Disease

  • Integrated Wealth Concepts LLC Sells 725 Shares of argenex SE $ARGX

  • BMY or ARGX: Which Is the Better Value Stock Right Now?

  • 10 Wall Street Analysts Think Argenx Stock Is Headed to At Least $1,200 -- Is the Stock a Buy Now?

  • argenx Presents New Data at AANEM and MGFA Scientific Session Showcasing Earlier and Sustained Treatment in MG and CIDP with VYVGART and Progress Across its Neuromuscular Pipeline

  • Ginkgo Datapoints and Apheris Welcome AbbVie, argenx, Lundbeck, and Takeda as Founding Members of the Antibody Developability Consortium

  • Here's Exactly Why Wall Street Thinks Argenx Stock Could Soar 23% Over the Next 12 Months