Argenx Se (ARGX) Gross Margin (2022 - 2026)
Argenx Se's (ARGX) quarterly Gross Margin came in at 90.43% in Q2 2026, up 210.0% on a YoY basis from 29.17% in Q2 2025, and little changed quarter-over-quarter from 90.68% in Q1 2026.
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Analysis
Argenx Se (ARGX) Gross Margin (2022 - 2026) Analysis & Trends
Argenx Se (ARGX) has reported Gross Margin for 5 consecutive years, with 90.43% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 210.0% year-over-year to 90.43%; the trailing twelve-month figure through Jun 2026 stood at 89.95% (up 56.0% YoY), and the FY2025 full-year result was 89.14%, down 46.0% from the prior year.
- Gross Margin was little changed at 90.43% in Q2 2026 per ARGX's latest filing, from 90.68% in the prior quarter.
- Across five years, Gross Margin topped out at 93.52% in Q1 2022 and bottomed at 88.33% in Q2 2025.
- Historically, Gross Margin has averaged 90.48% across 5 years, with a median of 90.22% in 2024.
- The sharpest annual moves came in 2023 and 2026: Gross Margin plunged 317 bps in 2023, then jumped 210 bps in 2026.
- Over 5 years, Gross Margin stood at 92.63% in 2022, then declined by 3 bps to 89.45% in 2023, then climbed by 1 bps to 90.14% in 2024, then fell by 2 bps to 88.36% in 2025, then grew by 2 bps to 90.43% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 90.43%, 90.68%, and 88.36% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn | 85.33% |
| 10 | Argenx Se | 58.53 Bn | 53.35 Bn | 1.37 Bn | 90.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.43% |
| Mar 31, 2026 | 90.68% |
| Dec 31, 2025 | 88.36% |
| Sep 30, 2025 | 90.29% |
| Jun 30, 2025 | 88.33% |
| Mar 31, 2025 | 89.75% |
| Dec 31, 2024 | 90.14% |
| Sep 30, 2024 | 89.69% |
| Jun 30, 2024 | 89.03% |
| Mar 31, 2024 | 89.16% |
| Dec 31, 2023 | 89.45% |
| Sep 30, 2023 | 89.06% |
| Jun 30, 2023 | 91.08% |
| Mar 31, 2023 | 91.59% |
| Dec 31, 2022 | 92.63% |
| Sep 30, 2022 | 92.18% |
| Jun 30, 2022 | 93.31% |
| Mar 31, 2022 | 93.52% |
API Access
Argenx Se Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ARGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ARGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ARGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();