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MARKETS / NASDAQ / REGN
NASDAQ · PHARMACEUTICAL PREPARATIONS · LARGE CAP

Regeneron Pharmaceuticals, Inc. REGN

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$14.3B
▲ 1.0% YoY
$4.5B
▲ 2.1% YoY
$4.1B
▲ 11.3% YoY
In brief

What this company does

Regeneron Pharmaceuticals, Inc. is a fully integrated biotechnology company that invents, develops, manufactures, and commercializes medicines for people with serious diseases. Its products and product candidates target eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases, and rare diseases. It collaborates with Sanofi on the global development and commercialization of Dupixent, Kevzara, and itepekimab. It also collaborates with Bayer on the global development and commercialization of EYLEA 8 mg and EYLEA outside the United States. The company manufactures bulk drug materials and products at its facilities in Rensselaer, New York and Limerick, Ireland. As of December 31, 2025, it had 15,410 full-time employees, including 11,961 in the United States, 2,149 in Ireland, and 1,300 in other countries.

Written from the business description in REGENERON PHARMACEUTICALS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 4 February 2026. Every sentence was checked against that document before publication.

Growth
USD 14.3B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 14.3 · Net income 4.5
8B16B2008201120142017202020232025
Compound annual growth
+5.6%
+11.0%
+13.3%
+25.8%
+1.3%
+5.1%
+21.6%
+2.8%
+6.3%
+22.3%
+77.9%
−0.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +11.0% a year over five years — but profit grew slower: net income at +5.1%, earnings per share at +6.3%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
31 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 24.9% · Net 31.4%
20%40%-20%-40%2008201120142017202020232025
ROE
FY2025 · ROE 14.9%
50%-20%-40%2008201120142017202020232025

Each USD of equity produced 15 cents of profit this year.

Cash & shareholders
USD 3.2B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 4.1
2.5B5.0B2008201120142017202020232025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.4 · Net buybacks 2.8
2BDividendsNet buybacks2016201720182019202020212022202320242025

USD 370.3M in dividends and USD 2.8B in buybacks — 70% of the year's profit went back to shareholders.

Total assetsUSD 40.6B
EquityUSD 31.3B
CashUSD 3.1B
Gross debtUSD 2.0B
Net debtUSD -1.1B
Current ratio4.13×

The company holds more cash than debt.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B14.314.213.112.216.18.56.65.15.94.94.12.82.11.40.40.50.40.2
Operating income $B3.64.04.04.78.93.62.22.52.11.31.30.80.70.5−0.2−0.1−0.1−0.1
EBITDA $B4.14.54.55.19.23.82.42.72.21.41.30.90.80.5−0.2−0.1−0.1−0.1
Income tax $B0.70.40.20.51.30.30.30.10.90.40.60.40.3−0.3−0.00.0−0.00.0
Net income $B4.54.44.04.38.13.52.12.41.20.90.60.30.40.8−0.2−0.1−0.1−0.1
Free cash flow $B4.13.73.94.46.52.02.01.81.01.00.70.40.4−0.1−0.2−0.0−0.2−0.1
EPS, diluted $41.4838.3434.7738.2271.9730.5218.4621.2910.347.705.522.983.726.75−2.45−1.26−0.85·
Dividend / sh $··················
Payout %800···············
ROE %14.916.016.320.954.231.821.332.822.622.120.515.025.786.1−43.8−22.6−16.6−18.8
Shares out B·0.000.000.000.000.000.000.000.000.000.000.00··0.090.000.08·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 68 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 15 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inNew York
Fiscal year endsDecember 31
Data on record since2008

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