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. In the quarter to June 2026, revenue grew 16.7%, EPS fell 4.68%, free cash flow fell 29.3% and total debt fell 26.6%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for three consecutive years.

790.74 5.60 −0.70%
Market cap
$82.0B
P/E
18.9×
Fwd P/E
16.5×
Dividend yield
0.47%
F-score
5/9
Altman Z
7.49
Beneish M
−2.53
Dividend safety
77/100

Regeneron Pharmaceuticals, Inc. (REGN) Operating margin

Alert me on Operating margin

Regeneron Pharmaceuticals, Inc.'s operating margin over the twelve months to 30 June 2026 was 24.7%, down 0.2 percentage points from fiscal 2025 (25.0%). Over the past ten years it has ranged from 25.0% (fiscal 2025) to 55.7% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 25.0% (3.15)
FY2024 28.1% (2.75)
FY2023 30.9% (8.08)
FY2022 38.9% (16.74)
FY2021 55.7% 13.58
FY2020 42.1% 8.39
FY2019 33.7% (15.55)
FY2018 49.3% 13.84
FY2017 35.4% 8.03
FY2016 27.4% (3.13)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 30.2% 12.32
Mar 2026 17.8% (4.82)
Dec 2025 22.7% (4.70)
Sep 2025 27.4% (2.02)
42 more quarters

Against its own ten years

Low 25.0% High 55.7%
Ten-year median 33.7%
Current reading's percentile 5

Operating margin against peers

Company Operating margin
RPRX Royalty Pharma PLC compare 59.6%
VRTX Vertex Pharmaceuticals Incorporated compare 38.0%
ARGX argenex SE compare 30.1%
REGN Regeneron Pharmaceuticals, Inc. 24.7%
ALNY Alnylam Pharmaceuticals, Inc. compare 20.8%
ONC BeOne Medicines Ltd. - Sponsored ADR compare 15.1%
RVMD Revolution Medicines, Inc. compare 0.00%
MRNA Moderna, Inc. compare −149.0%
ROIV Roivant Sciences Ltd. compare −7,914.8%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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