REGN · Q3 FY25 · Jul 1 – Sep 30, 2025
Regeneron Pharmaceuticals Q3 FY25: where the revenue came from and where it went
Regeneron Pharmaceuticals Q3 FY25: revenue $3.8B (+1% year over year). Net profit $1.5B. Largest cohort Collaboration Revenue $2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 28, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$3.8B
+1% year over year
Gross profit$3.5B
93% margin
Operating profit$1B
27% margin
Net profit$1.5B
39% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.8 | 100% | +1% |
| Collaboration Revenue | 2 | 53% | +19% |
| Product | 1.6 | 42% | −18% |
| Product and Service Other | 0.2 | 5% | +74% |
| Cost of revenue | −0.3 | 8% | |
| Gross profit | 3.5 | 93% margin | +0pp |
| Research & development | −1.4 | 39% | +5pp |
| SG&A | −0.7 | 18% | −2pp |
| Other | −0.3 | 8% | +0pp |
| Operating profit | 1 | 27% margin | −4pp |
| Tax | −0.2 | ||
| Net profit | 1.5 | 39% | +3pp |
Older quarters
-
Q1 FY26 3/2026Revenue $3.6B Net margin 20%
-
Q4 FY25 12/2025Revenue $3.9B Net margin 22%
-
Q2 FY25 6/2025Revenue $3.7B Net margin 38%
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