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stoqly.net Stock research from SEC filings Company report · November 1, 2026

Argenx Se

ARGX Nasdaq· Biological Products, (No Diagnostic Substances)

Last close · Oct 30, 2026

$892.87

KIRA · Stoqly’s AI analyst, in plain words

  • Argenx Se had $4.2B of revenue in fiscal 2025, up 88.6% on the year before. Over five years, revenue changed +152.7% a year on average.
  • Its operating margin was 24.8%, up 25.8 pts: of every 100 in sales, about 25 is left after running the business.
  • Argenx Se made $1.3B of net profit in fiscal 2025.
  • Free cash flow was $679M in fiscal 2025, 16.0% of revenue.

Market cap

$59.0B

P/E

45.6x

Revenue

$4.2B

Net income

$1.3B

Free cash flow

$679M

Operating margin

24.8%

Argenx Se in 30 seconds · fiscal 2025

Good

Are sales growing?

+88.6%

Yes. Sales grew 88.6% last year.

Good

Does it make a profit?

30.4%

Yes. It keeps 30.4% of every sale as profit.

Good

Does profit turn into cash?

16.0%

Yes. 16.0% of sales ends up as free cash.

So-so

How healthy are the accounts?

4 / 8

Mixed. It passes 4 of 8 health tests.

For information

How is the share priced?

45.6x

One share costs 45.6 times its yearly profit per share.

What Argenx Se does

No business description yet.

Fiscal year ends
December 31, 2025
Latest annual report
20-F · Mar 19, 2026
Legal name
ARGENX SE
CIK
0001697862
Source: stoqly.net · stoqly.net/companies/argx · Generated November 1, 2026 Not investment advice · Page 1 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

Argenx Se · ARGX · stoqly.net

Results and finances

The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.

Fiscal yearFY21FY22FY23FY24FY25
Sales and profit
Revenue $497M $10.0M $35.5M $2.3B $4.2B
Revenue growth 1,105.7% −98.0% 254.4% 6,237.9% 88.6%
Gross margin — −193.5% −231.6% 89.9% 89.4%
Operating margin −70.1% −7,184.7% −1,196.2% −1.0% 24.8%
Net income −$408M −$710M −$295M $833M $1.3B
Net margin −82.1% −7,077.5% −830.4% 37.0% 30.4%
Diluted EPS −$7.99 −$13.05 −$5.16 $12.78 $19.57
Cash
Cash from operations −$607M −$863M −$420M −$82.7M $685M
Capital expenditure $3.6M $0.8M $0.8M $1.8M $6.2M
Free cash flow −$610M −$864M −$421M −$84.5M $679M
FCF margin −122.8% −8,614.0% −1,185.2% −3.8% 16.0%
Share count change 12.5% 6.5% 5.1% 14.0% 1.3%
Debt and strength
Cash and short-term investments $1.3B $801M $2.0B $1.5B $3.5B
Debt incl. finance leases — — $7.2M — —
Shareholders' equity $2.5B $2.8B $4.1B $5.5B $7.3B
Current ratio 8.4x 9.2x 9.7x 7.3x 5.2x
Interest coverage −76.2x −184.4x −469.1x −8.8x 258.2x
Returns and quality
Return on capital — — −16.3% — —
Return on equity −19.4% −26.5% −8.5% 17.4% 20.2%
Return on tangible equity −17.3% −26.9% −7.4% 15.7% 18.3%
Piotroski F-score 3 1 3 4 4
Altman Z'' 11.2 10.7 12.7 11.8 10.6

Insiders bought, 12 months

$0.0M

0 insiders

Insiders sold, 12 months

$0.0M

0 insiders

Of sales under plans

—

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Source: stoqly.net · stoqly.net/companies/argx · Generated November 1, 2026 Not investment advice · Page 2 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

Argenx Se · ARGX · stoqly.net

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $892.87 a share, the company is worth $59.0B: 45.6 times its earnings of the last four quarters.

Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001697862). Latest version: stoqly.net/companies/argx. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.