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

Argenx Se's (ARGX) quarterly Operating Margin came in at 31.68% in Q2 2026, up 1049.0% YoY from 2.76% in Q2 2025, and up 4.38% on a QoQ basis from 30.35% in Q1 2026.

Argenx Se (ARGX) Operating Margin (2016 - 2026) Analysis & Trends

Argenx Se (ARGX) has 11 years of Operating Margin data on file, last reported at 31.68% in Q2 2026.

  • Quarterly Operating Margin rose 1049.0% year-over-year to 31.68% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 30.4% (up 1539.0% YoY) and the FY2025 annual result came in at 24.81%, up 2577.0% from the prior year.
  • Operating Margin improved to 31.68% in Q2 2026, from 30.35% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 47.58% in Q1 2023 to a low of 1052.43% in Q1 2022.
  • A 5-year average of 78.82% and a median of 3.52% in 2024 frame the typical range for Operating Margin.
  • The widest YoY moves for Operating Margin: up 2000000000 bps in 2022, down 2000000000 bps in 2022.
  • Tracing ARGX's Operating Margin over 5 years: stood at 65.99% in 2022, then surged by 44 bps to 37.03% in 2023, then surged by 138 bps to 13.98% in 2024, then surged by 104 bps to 28.59% in 2025, then gained by 11 bps to 31.68% in 2026.
  • The last three Operating Margin figures came in at 31.68% (Q2 2026), 30.35% (Q1 2026), and 28.59% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 37.40%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 30.15%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 31.68%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 19.06%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -105.20%
7 Royalty Pharma 33.72 Bn 35.84 Bn - 19.75%
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 17.93%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -0.36%
10 Roivant Sciences 26.16 Bn 26.85 Bn 1.16 Mn -25,380.93%

Historic Data

Download Data
DateValue
Jun 30, 2026 31.68%
Mar 31, 2026 30.35%
Dec 31, 2025 28.59%
Sep 30, 2025 30.72%
Jun 30, 2025 21.20%
Mar 31, 2025 17.59%
Dec 31, 2024 13.98%
Sep 30, 2024 2.48%
Jun 30, 2024 -9.52%
Mar 31, 2024 -23.46%
Dec 31, 2023 -37.03%
Sep 30, 2023 -24.49%
Jun 30, 2023 -37.91%
Mar 31, 2023 47.58%
Dec 31, 2022 -65.99%
Sep 30, 2022 -158.87%
Jun 30, 2022 -233.24%
Mar 31, 2022 -1,052.43%
Dec 31, 2021 -887.37%
Sep 30, 2021 0.00%