argenx SE, a biotechnology company, focuses on developing various therapies for the treatment of autoimmune diseases in the United States, the Netherlands, Belgium, Japan, Switzerland, Germany and France. Its lead product candidate is efgartigimod for the treatment of patients with myasthenia gravis, immune thrombocytopenia, pemphigus vulgaris, and chronic inflammatory demyelinating polyneuropathy in Phase III clinical trials; bullous pemphigoid and idiopathic inflammatory myopathy in Phase II/III clinical trials; and ENHANZE SC in Pre-clinical study. The company is also developing immunology innovation programs, including cusatuzumab for hematological cancer, as well as high risk MDS; ARGX-119, an antibody that targets muscle-specific tyrosine kinase stage; ARGX-117 for severe autoimmune indications; ARGX-118 for airway inflammation; and ARGX-120 to treat autoimmune diseases. In addition, its partnered product candidates include ARGX-115 for the treatment of cancer; ARGX-112 to treat interleukin-22 receptor; and ARGX-114, an antibody directed against the MET receptor. The company has strategic partnership with AbbVie S.À.R.L., Zai Lab Limited, and LEO Pharma A/S; and collaboration and license agreement with Genor Biopharma Co. Ltd, Université Catholique de Louvain, Sopartec S.A., NYU Langone Health, Leiden University Medical Center, AgomAb Therapeutics NV, Broteio Pharma B.V., University of Texas, BioWa, Inc., Cilag GmbH International, Staten Biotechnology B.V., and Shire International GmbH. argenx SE was incorporated in 2008 and is based in Breda, the Netherlands.

argenx SE

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Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	1,151.3	967.2	807.4	761.2	588.9	489.4
Total Revenues %Chg	95.5%	97.6%	95.7%	82.2%	73.3%	74.2%
Product Net Sales
Collaboration Revenue
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Revenue
Cost of Sales	109.4	110.7	80.8	72.7	59.1	52.4
Cost of Sales
Gross Profit	1,041.9	856.4	726.6	688.6	529.8	437
Gross Profit Margin	90.5%	88.5%	90%	90.5%	90%	89.3%
Selling, General & Administrative Expenses	336.3	324.9	276.2	285.9	277.7	255.7
Selling, General and Administrative Expenses
Research & Development Expenses	355.7	327.7	309.1	297.2	235.9	225.3
Research and Development Expenses
Other Operating Expenses	3.8	2.8	2.3	2.4	2	1.5
Loss from Investment in a Joint Venture
Operating Profit	346.2	201.1	138.9	103	14.2	-45.5
Operating Profit
Operating Margin	30.1%	20.8%	17.2%	13.5%	2.4%	-9.3%
Interest and Investment Income	42.7	38.4	37.1	39.1	40.6	38.9
Financial Income
Change in Fair Value on Non-Current Financial Assets
Interest Expense	-1	-1.1	-1.1	-0.7	-0.7	-0.6
Financial Expense
Non-Operating Income	-1.8	48.6	27.4	-54.9	33.9	-7.9
Exchange Gains/(Losses)
Exchange Gains (Losses)
Financial Income/(Expenses)
Total Non-Operating Income	39.9	85.8	63.4	-16.5	73.8	30.5
Income Before Provision for Income Taxes	386.1	286.9	202.4	86.5	88	-15
Profit for the Period Before Taxes
Loss Before Taxes
Provision for Income Taxes	41.8	41.5	32.9	-687.7	-3.4	-44.1
Income Tax (Expense)/Benefit
Consolidated Net Income	344.3	245.4	169.5	774.2	91.4	29.1
Profit for the Period
Net Income Attributable to Common Shareholders	344.3	245.4	169.5	774.2	91.4	29.1
Owners of the Parent
Basic EPS	5.6	4	2.8	12.8	1.5	0.5
Diluted EPS	5.2	3.7	2.6	11.8	1.4	0.5
Basic Weighted Average Shares Outstanding	61.4	61.1	61	60.5	60.1	59.5
Total Shares Outstanding	61.2	61.2	61	60.8	59.8	59.8
Diluted Weighted Average Shares Outstanding	66.4	65.6	65.7	65.7	65.6	63.9
EBITDA	346.2	207.7	145.6	107.5	18.6	-41.1
Effective Tax Rate	10.8%	14.5%	16.3%	-794.9%	-3.8%	293.7%