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

Argenx Se's Operating Expenses history runs 11 years deep, the most recent figure standing at -$919.0 million for Q1 2026.

• Quarterly Operating Expenses fell 37.57% year-over-year to -$919.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.9 billion (down 48.68% YoY) and the FY2025 annual result came in at $3.2 billion, up 40.49% from the prior year.
• Operating Expenses was -$919.0 million for Q1 2026 at Argenx Se, up from -$954.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $766.1 million in Q2 2025 and bottomed at -$954.5 million in Q4 2025.
• A 5-year average of -$341.1 million and a median of -$420.4 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses jumped 247.51% — and 2025, when it plunged 240.1%.
• Argenx Se's Operating Expenses stood at -$296.5 million in 2022, then tumbled by 87.65% to -$556.5 million in 2023, then fell by 18.28% to -$658.2 million in 2024, then tumbled by 45.03% to -$954.5 million in 2025, then increased by 3.72% to -$919.0 million in 2026.
• Business Quant data shows ARGX's Operating Expenses at -$919.0 million in Q1 2026, -$954.5 million in Q4 2025, and -$805.1 million in Q3 2025.