Genmab A/S

Genmab A/S

357.30
EUR
+4.60
(+1.30%)
10.82EPS
21.61P/E
14.79BMarket Cap
Nov 05Next 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
0.44
0.4
0.41
0.61
1.01
7.56
1.92
4.21
2.99
31.74
36.59
48.62
59.85
66.73
Basic EPS, GAAP
0.08
0.14
0.28
0.4
0.47
3.68
0.77
1.98
1.05
11.93
9.66
17.65
15.49
12.73
Free Cash Flow per Basic Share
-0.09
0.03
0.06
0.1
0.64
1.34
0.43
2.55
0.7
7.87
15.57
16.86
18.2
14.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.43
0.95
1.25
1.6
2.67
20.02
4.87
7.93
7.87
60.07
71.74
80.85
94.92
96.96
Tangible Book Value per Share
0.43
0.92
1.18
1.54
2.62
18.85
4.71
7.79
7.78
59.75
71.51
48.06
-58.95
-53.22
Basic Weighted Avg Shares
51
56
59
60
61
61
63
65
66
66
65
64
62
62
Sales/Revenue/Turnover
23
23
24
36
61
463
121
274
196
2,088
2,390
3,121
3,720
4,131
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
32.29
Depreciation Expense
- -
- -
1
1
2
13
3
7
6
52
43
60
71
94
Net Income, GAAP
4
8
16
24
29
225
49
129
69
785
631
1,133
963
788
Effective Tax Rate (%)
- -
- -
- -
- -
- -
8.68
24.24
19.41
24.53
21.5
22.77
14.56
20.02
13.02
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
19.08
Working Capital
27
56
69
90
149
1,071
293
476
493
3,799
4,544
3,156
1,458
1,661
LT Debt
- -
- -
- -
- -
- -
- -
3
8
8
75
101
131
5,135
4,961
Total Equity
22
54
74
97
163
1,228
316
519
517
3,927
4,687
5,137
5,847
5,957
Return on Invested Capital (%)
- -
- -
- -
- -
- -
27.38
5.73
32.51
9.84
31.2
13.52
16.08
10.12
11.15
Return on Capital (%)
- -
- -
- -
- -
- -
32.43
6.31
30.52
13.1
34.77
14.49
22.78
12.22
12.25
Return on Common Equity (%)
22.21
20.92
25.39
27.8
22.1
32.43
6.31
30.93
13.29
35.32
14.65
23.07
17.53
14

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
291
293
312
LT Borrowings
5,001
4,933
4,841
LT Finance Leases
134
125
120
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
61
61
Market Capitalization
19,737
16,279
16,902

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,885
2,573
2,801
Cash, Cash Equivalents & STI
1,715
1,521
1,503
Accounts Receivable, Net
1,112
968
1,212
Inventories
18
21
18
Total Current Liabilities
1,427
1,178
1,140
Payables & Accruals
1,112
861
807
ST Debt
291
293
312
Deferred Revenue
24
24
21

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
144.38%
140.4%
13.82%
Free Cash Flow
222.99%
211.91%
4.53%
Net Income, GAAP
187.71%
207.56%
-15%
Sales/Revenue/Turnover
182.76%
200.15%
19.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
87
112
122
744
3,121
2025
104
925
1,022
1,058
3,720
2026
896
1,155
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.43
0.45
0.44
7.8
17.65
2025
0.44
5.44
6.51
0.5
15.49
2026
0.84
4.94
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

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

Company Description

CEO
Jan G. J. van de Winkel
Full Time Employees
3,029
Sector
Health technology
Industry
Biotechnology
Address
Carl Jacobsens Vej 30 Copenhagen CD Denmark 2500
IPO Date
Oct 18, 2000
Website
genmab.com
Business
Genmab A/S is a Danish biotechnology company that creates, develops and commercializes differentiated antibody therapeutics focused on oncology and other serious diseases; its core offerings include proprietary technologies such as DuoBody, HexaBody, DuoHexaBody and HexElect for bispecific and multispecific antibodies, alongside marketed products like EPKINLY (epcoritamab, a CD3xCD20 bispecific for relapsed/refractory diffuse large B-cell lymphoma, partnered 50:50 with AbbVie), Tivdak (tisotumab vedotin, a tissue factor-directed antibody-drug conjugate for recurrent or metastatic cervical cancer, partnered 50:50 with Seagen), and royalty-generating partnered medicines including DARZALEX/DARZALEX Faspro (daratumumab for multiple myeloma and AL amyloidosis, Janssen), Kesimpta (ofatumumab for relapsing remitting multiple sclerosis, Novartis), Rybrevant (amivantamab for non-small cell lung cancer, Janssen), Talvey (talquetamab for relapsed/refractory multiple myeloma, Janssen), Tecvayli (teclistamab for relapsed/refractory multiple myeloma, Janssen) and Tepezza (teprotumumab for thyroid eye disease, Horizon); the company maintains a robust pipeline encompassing late-stage programs for epcoritamab in follicular lymphoma and chronic lymphocytic leukemia, tisotumab vedotin expansions in solid tumors, and others like acasunlimab and tecaginlimab targeting PD-L1x4-1BB and CD40x4-1BB respectively. Founded in 1999 and headquartered in Copenhagen, Denmark, Genmab operates globally through subsidiaries in the Netherlands (Genmab B.V., Utrecht), the United States (Genmab U.S., Inc., Princeton, New Jersey), Japan (Genmab K.K., Tokyo), Germany (Genmab Germany GmbH, Munich) and China (Genmab (Suzhou) Co., Ltd.), with affiliates supporting research, development and commercialization across North America, Europe and Asia Pacific. Recent major developments include the April 2024 acquisition of ProfoundBio for $1.8 billion to expand its antibody-drug conjugate capabilities and oncology portfolio, followed by the September 2025 announcement of an $8.0 billion all-cash acquisition of Merus N.V. (expected to close in early Q1 2026), adding the late-stage petosemtamab (a bispecific antibody with Breakthrough Therapy Designations for head and neck cancer) to accelerate Genmab's shift toward a wholly owned commercial model; these transactions, funded via cash and $5.5 billion in debt financing from Morgan Stanley, enhance late-stage pipeline diversity and project multiple proprietary launches by 2027, alongside 2025 revenue guidance of $3.5-3.7 billion driven by royalty growth from DARZALEX and independent EPKINLY/Tivdak sales expansions in Europe and Japan.

Company News

  • Critical Analysis: Genmab A/S (NASDAQ:GMAB) versus Cardio Diagnostics (NASDAQ:CDIO)

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

  • Resolution Adopted at the Extraordinary General Meeting of Genmab A/S Including Grant of Restricted Stock Units to Board Members

  • Genmab: Epkinly Shines In Phase 3 DLBCL Trial

  • AbbVie's Epcoritamab Combo Shows PFS Benefit in Frontline DLBCL

  • Strength Seen in Genmab (GMAB): Can Its 10.7% Jump Turn into More Strength?

  • Genmab Shares Climb After Positive Study Results for Blood-Cancer Drug

  • AbbVie and Genmab Announce Epcoritamab in Combination with R-CHOP Demonstrates Significant Improvement in Progression-Free Survival versus R-CHOP in Patients with Newly Diagnosed Diffuse Large B-Cell

  • Genmab and AbbVie Announce Epcoritamab in Combination with R-CHOP Demonstrates Statistically Significant Improvement in Progression-Free Survival in Patients with Newly Diagnosed Diffuse Large B-Cell

  • AbbVie and Genmab Announce Epcoritamab in Combination with R-CHOP Demonstrates Significant Improvement in Progression-Free Survival versus R-CHOP in Patients with Newly Diagnosed Diffuse Large B-Cell Lymphoma

  • Genmab and AbbVie Announce Epcoritamab in Combination with R-CHOP Demonstrates Statistically Significant Improvement in Progression-Free Survival in Patients with Newly Diagnosed Diffuse Large B-Cell Lymphoma

  • Genmab Announces Rinatabart Sesutecan (Rina-S®) Phase 2 RAINFOL™-01 Results Demonstrated Durable and Clinically Meaningful Responses in Patients with Platinum-Resistant Ovarian Cancer

  • Genmab Announces Rinatabart Sesutecan (Rina-S®) Phase 2 RAINFOL™-01 Results Demonstrated Durable and Clinically Meaningful Responses in Patients with Platinum-Resistant Ovarian Cancer

  • Genmab Announces Rinatabart Sesutecan (Rina-S®) Phase 2 RAINFOL™-01 Results Demonstrated Durable and Clinically Meaningful Responses in Patients with Platinum-Resistant Ovarian Cancer

  • Genmab Eyes Three Pivotal Phase III Cancer Readouts in Q4

  • Genmab A/S (NASDAQ:GMAB) Hits New 1-Year High – What’s Next?

  • Grant of Restricted Stock Units and Warrants to Employees in Genmab

  • Genmab A/S (GMAB) Presents at Bank of America Global Healthcare Conference 2026 Transcript

  • Genmab A/S (GMAB) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript

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