10x Insights
Loading account…
Companies / Health Care / Regeneron Pharmaceuticals
REGN

Regeneron Pharmaceuticals

Health CarePharmaceutical PreparationsS&P 500
Ticker REGNTARRYTOWN, NYFiscal year ends DecemberBook value per share $296.92Diluted shares 106.8M

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) is a fully integrated biotechnology company that invents, develops, manufactures, and commercializes medicines for patients with serious diseases. The company operates through a diversified portfolio spanning ophthalmology, immunology and inflammation, oncology,… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$14.34BFY2025
+1.0% year over year
Last 12 mo $15.53B
24.95%FY2025
−3.2 percentage points
Last 12 mo 24.74%
$4.50BFY2025
+2.1% year over year
Last 12 mo $4.33B
14.41%FY2025
−0.6 percentage points
Last 12 mo 13.65%
Cash & financing
$4.98BFY2025
+12.6% year over year
Last 12 mo $4.68B
$4.08BFY2025
+11.3% year over year
Last 12 mo $3.76B
0.09FY2025
Was 0.09× a year earlier
Last 12 mo 0.09
108.6MFY2025
−5.6% year over year
Last 12 mo 106.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Regeneron Pharmaceuticals does

In the company’s own words

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) is a fully integrated biotechnology company that invents, develops, manufactures, and commercializes medicines for patients with serious diseases. The company operates through a diversified portfolio spanning ophthalmology, immunology and inflammation, oncology, hematology, cardiovascular and metabolic diseases, neurology, and rare diseases. Regeneron's website is www.regeneron.com.

The company's marketed products include EYLEA and EYLEA HD for retinal diseases, Dupixent for allergic and inflammatory conditions, Libtayo for various cancers, Praluent for cardiovascular risk reduction, Kevzara for rheumatoid arthritis, and numerous other approved therapeutics. In 2025, Regeneron reported total revenues of approximately $14.3 billion with net income of $4.5 billion. The company maintains a robust pipeline of product candidates in clinical development across multiple therapeutic areas, with several programs in Phase 2 and Phase 3 trials.

Regeneron's core competitive advantages stem from its proprietary technology platforms, particularly VelociSuite, which encompasses VelocImmune, VelociGene, VelociMouse, VelociMab, and related technologies for discovering and developing fully human antibodies and bispecific antibodies. The company also operates the Regeneron Genetics Center, a subsidiary leveraging de-identified genomic and clinical data from over three million sequenced samples to identify novel therapeutic targets and validate genetic associations.

The company maintains significant strategic collaborations with major pharmaceutical partners. Sanofi collaborates on the global development and commercialization of Dupixent, Kevzara, and itepekimab, while Bayer partners on EYLEA development and commercialization outside the United States. Regeneron also collaborates with Alnylam Pharmaceuticals on RNAi therapeutics and with Intellia Therapeutics on CRISPR/Cas9 gene-editing technology.

Regeneron operates as an accelerated filer with the Securities and Exchange Commission and maintains manufacturing and commercial capabilities alongside its research and development operations. The company's business model emphasizes maintaining a strong scientific research foundation while building integrated clinical development, manufacturing, and commercial capabilities to advance innovative medicines to patients globally.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
TARRYTOWN, NY
Fiscal year end
December
CIK
872589
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.61B$3.21B$8.04B$12.86B$17.68B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Regeneron Pharmaceuticals — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.0K
funds hold it
0 of 35
superinvestors hold it
$26.26B
held by funds, at market
40.8%
of shares held by funds
2
bond issues held by funds

Largest fund holders · Regeneron Pharmaceuticals’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.09%of fund net assets
Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
1.64%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.10%of fund net assets
0.28%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.10%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Regeneron Pharmaceuticals’s bonds, as funds hold them

Funds report holding 2 issues of Regeneron Pharmaceuticals’s debt, $257.23M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.04%, maturing 2030 to 2050.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Regeneron Pharmaceuticals and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Regeneron Pharmaceuticals's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Regeneron Pharmaceuticals's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.