The financials
argenx SE by the numbers
argenx SE (ARGX) reported revenue of $2.47B in H2 2025 (quarter ended December 31, 2025), up 226% from the same quarter a year earlier. That came with a gross margin of 90% and net income of $877M (35% of revenue). For the full year FY2025, revenue was $4.25B (+89% year on year) and net income $1.29B.
| Income statement | H2 2025 | H2 2023 | Change |
|---|---|---|---|
| Revenue | $2.47B | $758M | +226% |
| Gross profit | $2.21B | $682M | +225% |
| Operating income | $714M | −$219M | to a profit |
| Net income | $877M | −$172M | to a profit |
| Diluted EPS | $13.25 | −$2.95 | to a profit |