Regeneron Pharmaceuticals (REGN) Operating Margin (2009 - 2026)
Regeneron Pharmaceuticals (REGN) recorded Operating Margin of 30.15% in Q2 2026, up 0.78 percentage points from 29.37% a year earlier and up 12.32 percentage points from the prior quarter.
Powered by 
Analysis
Regeneron Pharmaceuticals (REGN) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Regeneron Pharmaceuticals' Operating Margin came in at 24.74% as of Jun 30, 2026, down 2.28 percentage points year-over-year; for FY2025, it came in at 24.95%, down 3.15 percentage points from FY2024.
- Annual Operating Margin has declined for four straight years, with a five-year change of -17.15 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 28.10% in FY2024 (-2.75 pp), 30.85% in FY2023 (-8.08 pp), 38.93% in FY2022 (-16.74 pp) and 55.67% in FY2021 (+13.58 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q3 2024.
- On a year-over-year basis, Operating Margin rose in 1 of the last eight quarters, with an average year-over-year change of -2.18 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 7.59 percentage points in Q3 2021, against a drop of 26.29 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.83% (Q1 2026), 22.65% (Q4 2025) and 27.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 51.16% |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 28.21% |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 37.86% |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | -3.52% |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 32.97% |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 20.57% |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 34.95% |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | -133.21% |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 28.37% |
| 10 | Regeneron Pharmaceuticals | 81.27 Bn | 47.47 Bn | 3.71 Bn | 30.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.15% |
| Mar 31, 2026 | 17.83% |
| Dec 31, 2025 | 22.65% |
| Sep 30, 2025 | 27.35% |
| Jun 30, 2025 | 29.37% |
| Mar 31, 2025 | 19.54% |
| Dec 31, 2024 | 26.13% |
| Sep 30, 2024 | 31.70% |
| Jun 30, 2024 | 30.15% |
| Mar 31, 2024 | 23.89% |
| Dec 31, 2023 | 28.33% |
| Sep 30, 2023 | 33.04% |
| Jun 30, 2023 | 32.19% |
| Mar 31, 2023 | 29.94% |
| Dec 31, 2022 | 33.59% |
| Sep 30, 2022 | 41.68% |
| Jun 30, 2022 | 38.85% |
| Mar 31, 2022 | 42.44% |
| Dec 31, 2021 | 53.31% |
| Sep 30, 2021 | 53.50% |
API Access
Regeneron Pharmaceuticals Operating 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=operating-margin&ticker=REGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "REGN", "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-margin&ticker=REGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();