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

908.99 6.09 +0.67%
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) Operating margin

Alert me on Operating margin

Regeneron Pharmaceuticals, Inc.'s operating margin over the twelve months to 30 September 2026 was 28.8%, up 3.8 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)
Sep 2026 40.0% 9.89
Jun 2026 30.2% 12.32
Mar 2026 17.8% (4.82)
Dec 2025 22.7% (4.70)
43 more quarters

Against its own ten years

Low 25.0% High 55.7%
Ten-year median 33.7%
Current reading's percentile 30

Operating margin against peers

Company Operating margin
RPRX Royalty Pharma PLC compare 57.1%
VRTX Vertex Pharmaceuticals Incorporated compare 33.2%
ARGX argenex SE compare 29.3%
REGN Regeneron Pharmaceuticals, Inc. 28.8%
GMAB Genmab A/S Sponsored ADR compare 26.0%
ONC BeOne Medicines Ltd. - Sponsored ADR compare 17.8%
MRNA Moderna, Inc. compare −149.0%
RVMD Revolution Medicines, Inc. compare −805.8%
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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