argenex SE

ARGX Healthcare Biotechnology

argenex SE’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 88.6% from fiscal 2024.

Revenue
+52.1%
EPS
+43.9%
Free cash flow
+537.5%

Quarter to September 2026, against a year earlier

922.55 27.78 +3.10%
Market cap
$56.3B
P/E
29.8×
Fwd P/E
30.1×
Dividend yield
—
F-score
5/9
Altman Z
24.36
Beneish M
−1.51
Dividend safety
n/a

argenex SE (ARGX) Gross margin

Alert me on Gross margin

argenex SE's gross margin over the twelve months to 30 September 2026 was 90.2%, up 0.8 percentage points from fiscal 2025 (89.4%). Over the past ten years it has ranged from 89.4% (fiscal 2025) to 100.0% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Biotechnology industry median of 65.2% and above the Healthcare sector median of 53.9%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 89.4% (0.52)
FY2024 89.9% (0.80)
FY2023 90.7% (2.68)
FY2022 93.4% (6.61)
FY2021 100.0% 0.00
FY2020 100.0% 0.00
FY2019 100.0% 0.00
FY2018 100.0% 0.00
FY2017 100.0% 0.00
FY2016 100.0% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 90.6% (0.02)
Jun 2026 90.6% (0.18)
Mar 2026 90.8% 2.09
Dec 2025 88.7% (1.84)
25 more quarters

Against its own ten years

Low 89.4% High 100.0%
Ten-year median 100.0%
Current reading's percentile 65

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on ARGX