Argenx Se (ARGX) Operating Expenses (2016 - 2026)
Argenx Se's Operating Expenses came in at -$1.05 billion for Q2 2026, compared with -$766.13 million a year earlier.
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Analysis
Argenx Se (ARGX) Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Argenx Se reported Operating Expenses of -$3.73 billion; for FY2025, it came in at -$3.19 billion.
- Going back by year, Operating Expenses was -$2.27 billion in FY2024, -$1.69 billion in FY2023, -$1.17 billion in FY2022 and -$888.16 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Operating Expenses in data going back to Q3 2016.
- Business Quant data shows ARGX's Operating Expenses at -$919 million (Q1 2026), -$954.54 million (Q4 2025) and -$805.14 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 6.68 Bn |
| 10 | Argenx Se | 50.23 Bn | 34.19 Bn | 1.37 Bn | 2.89 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.89 Bn |
| Mar 31, 2026 | -919.00 Mn |
| Dec 31, 2025 | -954.54 Mn |
| Sep 30, 2025 | -805.14 Mn |
| Jun 30, 2025 | -766.13 Mn |
| Mar 31, 2025 | -668.00 Mn |
| Dec 31, 2024 | -658.18 Mn |
| Sep 30, 2024 | -574.69 Mn |
| Jun 30, 2024 | -534.89 Mn |
| Mar 31, 2024 | -505.93 Mn |
| Dec 31, 2023 | -556.46 Mn |
| Sep 30, 2023 | -420.43 Mn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | -333.62 Mn |
| Dec 31, 2022 | -296.55 Mn |
| Sep 30, 2022 | -355.13 Mn |
| Jun 30, 2022 | -259.73 Mn |
| Mar 31, 2022 | -254.21 Mn |
| Dec 31, 2021 | -264.60 Mn |
| Sep 30, 2021 | -220.06 Mn |
API Access
Argenx Se Operating Expenses 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=operating-expenses&ticker=ARGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=ARGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();