Argenx Se (ARGX) Operating Expenses (2016 - 2026)

Argenx Se (ARGX) has 11 years of Operating Expenses data on file, last reported at $2.9 billion in Q2 2026.

• Quarterly Operating Expenses rose 276.7% year-over-year to $2.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.8 billion (up 260.18% YoY) and the FY2025 annual result came in at $3.2 billion, up 40.49% from the prior year.
• Operating Expenses rose to $2.9 billion in Q2 2026, from -$919.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.9 billion in Q2 2026 to a low of -$954.5 million in Q4 2025.
• A 5-year average of -$178.7 million and a median of -$401.8 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses plunged 87.65% — and 2026, when it surged 276.7%.
• Tracing ARGX's Operating Expenses over 5 years: stood at -$296.5 million in 2022, then sank by 87.65% to -$556.5 million in 2023, then dropped by 18.28% to -$658.2 million in 2024, then sank by 45.03% to -$954.5 million in 2025, then surged by 402.34% to $2.9 billion in 2026.
• The last three Operating Expenses figures came in at $2.9 billion (Q2 2026), -$919.0 million (Q1 2026), and -$954.5 million (Q4 2025), per Business Quant data.