Financial Statements — REGN
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 2.96 | 2.51 | 2.00 | 3.09 | 2.01 | 1.92 | 2.60 | 2.15 | 1.94 | 3.92 | 3.49 | 3.40 | 3.35 | 3.43 | 2.07 | 1.44 |
| Short-term Investments | 5.79 | 5.94 | 5.47 | 5.26 | 7.78 | 7.89 | 7.92 | 7.76 | 6.99 | 5.04 | 3.53 | 4.17 | 3.70 | 2.36 | 1.84 | 2.07 |
| Accounts Receivable | 5.73 | 5.69 | 5.61 | 5.56 | 6.11 | 5.72 | 5.22 | 5.58 | 5.12 | 5.12 | 5.55 | 5.16 | 4.84 | 5.45 | 7.00 | 4.17 |
| Inventory | 3.10 | 3.25 | 3.21 | 3.19 | 3.02 | 2.87 | 2.71 | 2.56 | 2.51 | 2.42 | 2.41 | 2.22 | 1.99 | 2.05 | 1.98 | 2.16 |
| Total Current Assets | 18.21 | 17.98 | 16.86 | 17.57 | 19.33 | 19.08 | 18.87 | 18.63 | 16.92 | 16.91 | 15.43 | 15.53 | 14.31 | 13.78 | 13.34 | 10.06 |
| Property, Plant & Equipment | 5.27 | 5.00 | 4.84 | 4.69 | 4.44 | 4.31 | 4.23 | 4.01 | 3.92 | 3.88 | 3.70 | 3.64 | 3.56 | 3.40 | 3.36 | 3.26 |
| Intangible Assets | 1.29 | 1.38 | 1.35 | 1.17 | 1.12 | 1.10 | 1.06 | 1.02 | 0.95 | 0.93 | 0.80 | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 22.66 | 22.19 | 21.36 | 19.97 | 18.11 | 17.01 | 15.50 | 13.53 | 13.73 | 13.15 | 12.25 | 11.68 | 12.04 | 9.90 | 8.15 | 7.72 |
| Total Assets | 40.87 | 40.17 | 38.22 | 37.55 | 37.44 | 36.09 | 34.37 | 32.16 | 30.66 | 30.06 | 27.68 | 27.21 | 26.35 | 23.67 | 21.49 | 17.77 |
| Accounts Payable | 1.03 | 0.90 | 0.72 | 0.71 | 0.50 | 0.56 | 0.67 | 0.54 | 0.55 | 0.60 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 5.11 | 4.43 | 3.67 | 3.57 | 3.66 | 3.51 | 3.58 | 3.60 | 3.10 | 3.10 | 2.88 | 3.03 | 3.01 | 3.71 | 3.73 | 3.22 |
| Long-term Debt | 1.99 | 1.99 | 1.99 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 |
| Total Non-current Liabilities* | 4.34 | 4.79 | 4.61 | 4.59 | 4.46 | 4.37 | 3.80 | 3.66 | 3.54 | 3.46 | 3.36 | 3.48 | 3.43 | 2.70 | 2.63 | 2.58 |
| Total Liabilities | 9.45 | 9.21 | 8.28 | 8.16 | 8.12 | 7.88 | 7.38 | 7.26 | 6.64 | 6.56 | 6.24 | 6.52 | 6.43 | 6.41 | 6.36 | 5.80 |
| Retained Earnings | 36.42 | 35.05 | 33.68 | 32.38 | 30.76 | 29.41 | 27.98 | 26.10 | 25.09 | 24.12 | 22.11 | 20.79 | 19.94 | 16.74 | 15.11 | 12.01 |
| Total Stockholder Equity | 31.42 | 30.96 | 29.94 | 29.39 | 29.33 | 28.21 | 26.99 | 24.90 | 24.02 | 23.50 | 21.44 | 20.69 | 19.91 | 17.26 | 15.13 | 11.98 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 3.61 | 3.88 | 3.75 | 3.68 | 3.03 | 3.79 | 3.72 | 3.55 | 3.15 | 3.43 | 3.36 | 3.16 | 3.16 | 3.41 | 2.94 | 2.86 | 2.97 | 4.95 | 3.45 | 5.14 |
| Research & Development | 1.54 | 1.63 | 1.48 | 1.42 | 1.33 | 1.41 | 1.27 | 1.20 | 1.25 | 1.18 | 1.08 | 1.09 | 1.10 | 1.04 | 0.91 | 0.79 | 0.84 | 0.79 | 0.67 | 0.71 |
| Selling, General & Admin | 0.65 | 0.78 | 0.66 | 0.63 | 0.63 | 0.79 | 0.71 | 0.76 | 0.69 | 0.74 | 0.64 | 0.65 | 0.60 | 0.66 | 0.53 | 0.48 | 0.45 | 0.56 | 0.45 | 0.41 |
| Operating Income | 0.64 | 0.88 | 1.03 | 1.08 | 0.59 | 0.99 | 1.18 | 1.07 | 0.75 | 0.97 | 1.11 | 1.02 | 0.95 | 1.15 | 1.22 | 1.11 | 1.26 | 2.64 | 1.85 | 3.35 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Pretax Income | 0.83 | 1.04 | 1.76 | 1.52 | 0.91 | 0.96 | 1.49 | 1.63 | 0.70 | 1.15 | 1.11 | 1.08 | 0.86 | 1.32 | 1.51 | 0.96 | 1.06 | 2.50 | 1.82 | 3.75 |
| Tax Provision | 0.10 | 0.20 | 0.30 | 0.13 | 0.10 | 0.04 | 0.15 | 0.20 | (0.02) | (0.01) | 0.10 | 0.11 | 0.04 | 0.13 | 0.19 | 0.11 | 0.09 | 0.27 | 0.18 | 0.65 |
| Net Income | 0.73 | 0.84 | 1.46 | 1.39 | 0.81 | 0.92 | 1.34 | 1.43 | 0.72 | 1.16 | 1.01 | 0.97 | 0.82 | 1.20 | 1.32 | 0.85 | 0.97 | 2.23 | 1.63 | 3.10 |
| Basic EPS | 6.99 | 8.16 | 14.09 | 13.24 | 7.58 | 8.55 | 12.40 | 13.25 | 6.70 | 10.88 | 9.48 | 9.05 | 7.64 | 11.18 | 12.31 | 7.90 | 9.12 | 20.94 | 15.37 | 29.51 |
| Diluted EPS | 6.75 | 7.78 | 13.62 | 12.81 | 7.27 | 8.12 | 11.54 | 12.41 | 6.27 | 10.21 | 8.89 | 8.50 | 7.17 | 10.48 | 11.66 | 7.47 | 8.61 | 19.58 | 14.33 | 27.97 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 1.08 | 1.17 | 1.62 | 1.14 | 1.05 | 1.26 | 1.29 | 0.35 | 1.51 | 1.09 | 1.11 | 1.02 | 1.37 | 1.72 | 0.63 | 0.56 | 2.10 | 2.37 | 3.41 | 0.63 |
| Capital Expenditures | 0.23 | 0.25 | 0.20 | 0.22 | 0.23 | 0.20 | 0.24 | 0.18 | 0.13 | 0.25 | 0.18 | 0.11 | 0.18 | 0.15 | 0.14 | 0.15 | 0.14 | 0.15 | 0.13 | 0.15 |
| Free Cash Flow* | 0.85 | 0.92 | 1.42 | 0.93 | 0.82 | 1.06 | 1.05 | 0.17 | 1.38 | 0.84 | 0.94 | 0.91 | 1.19 | 1.57 | 0.49 | 0.41 | 1.96 | 2.22 | 3.28 | 0.48 |
| Investing Cash Flow | (0.43) | 0.22 | (0.40) | (1.09) | 0.65 | 0.35 | (0.57) | (0.56) | (1.69) | (0.07) | (0.50) | (2.39) | (0.24) | (1.86) | 0.19 | (0.41) | (1.71) | (2.01) | (2.44) | 0.13 |
| Financing Cash Flow | (0.80) | (0.78) | (0.72) | (1.13) | (1.09) | (1.14) | (0.63) | (0.48) | 0.05 | (0.45) | (0.41) | (0.61) | (0.32) | (0.25) | (0.72) | (0.10) | 0.06 | (0.91) | 0.39 | (0.12) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Dividends Per Share | 0.94 | 0.88 | 0.88 | 0.88 |
