Regeneron Pharmaceuticals, Inc.

REGN Healthcare Biotechnology

Regeneron Pharmaceuticals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, up 0.99% from fiscal 2024.

Revenue
+36.3%
EPS
+36.0%
Free cash flow
+3.85%
Total debt
−26.6%

Quarter to September 2026, against a year earlier

909.40 6.50 +0.72%
Market cap
$93.4B
P/E
19.2×
Fwd P/E
19.2×
Dividend yield
0.41%
F-score
5/9
Altman Z
7.49
Beneish M
−2.53
Dividend safety
77/100

Regeneron Pharmaceuticals, Inc. (REGN) Gross margin

Alert me on Gross margin

Regeneron Pharmaceuticals, Inc.'s gross margin over the twelve months to 30 September 2026 was 85.8%, up 0.4 percentage points from fiscal 2025 (85.4%). Over the past ten years it has ranged from 84.8% (fiscal 2021) to 93.8% (fiscal 2016); the current reading is higher than 18% of that period. That is above the Biotechnology industry median of 65.2% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 85.4% (0.78)
FY2024 86.1% (0.03)
FY2023 86.2% (1.02)
FY2022 87.2% 2.35
FY2021 84.8% (1.99)
FY2020 86.8% (1.51)
FY2019 88.3% (3.56)
FY2018 91.9% (1.35)
FY2017 93.2% (0.59)
FY2016 93.8% 3.40

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 88.8% 2.23
Jun 2026 86.6% 5.13
Mar 2026 81.4% (3.52)
Dec 2025 85.0% (1.16)
43 more quarters

Against its own ten years

Low 84.8% High 93.8%
Ten-year median 87.2%
Current reading's percentile 23

Gross margin against peers

Company Gross margin
RPRX Royalty Pharma PLC compare 100.0%
RVMD Revolution Medicines, Inc. compare 95.6%
GMAB Genmab A/S Sponsored ADR compare 93.0%
ARGX argenex SE compare 90.2%
ONC BeOne Medicines Ltd. - Sponsored ADR compare 89.4%
REGN Regeneron Pharmaceuticals, Inc. 85.8%
VRTX Vertex Pharmaceuticals Incorporated compare 85.5%
ROIV Roivant Sciences Ltd. compare 81.2%
MRNA Moderna, Inc. compare 23.4%
Biotechnology industry median 65.2%
Healthcare sector median 53.9%
Market median 45.1%

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 →

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