Argenx Se (ARGX) Gross Margin (2022 - 2026)
Argenx Se's Gross Margin came in at 90.41% for Q3 2026, up 0.08 percentage points from 90.33% a year earlier but down 0.02 percentage points from the prior quarter.
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Analysis
Argenx Se (ARGX) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Argenx Se reported Gross Margin of 90.02%, up 0.39 percentage points year-over-year; for FY2025, it came in at 89.14%, down 0.46 percentage points from FY2024.
- Gross Margin has declined in each of the last three years, with a three-year change of -3.51 percentage points (FY2022 to FY2025).
- Going back by year, Gross Margin was 89.60% in FY2024 (-0.50 pp), 90.10% in FY2023 (-2.55 pp) and 92.66% in FY2022.
- The five-year range for quarterly Gross Margin is 88.33% (Q2 2025) to 93.52% (Q1 2022).
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +0.32 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2026 (a gain of 2.10 percentage points), and the weakest in Q4 2023 (a drop of 3.17 percentage points).
- Business Quant data shows ARGX's Gross Margin at 90.43% (Q2 2026), 90.68% (Q1 2026) and 88.36% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 83.88% |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 68.12% |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 75.38% |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 72.95% |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 88.03% |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 73.10% |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 81.07% |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 75.71% |
| 10 | Argenx Se | 56.96 Bn | 56.96 Bn | 1.56 Bn | 90.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 90.41% |
| Jun 30, 2026 | 90.43% |
| Mar 31, 2026 | 90.68% |
| Dec 31, 2025 | 88.36% |
| Sep 30, 2025 | 90.33% |
| 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();