Regeneron Pharmaceuticals Inc. logo

Regeneron Pharmaceuticals Inc.

REGN
Q3 2025

Revenue

$2B

-3%

Net Income

$1B

+5%
REGN
Healthcare
Biotech

Regeneron Pharmaceuticals Inc.

CIK: 0000872589

Regeneron Pharmaceuticals Inc. logo

Next Earnings Report

Estimated based on historical filing patterns

Tue, Jan 27, 2026
Estimated
10-K
FQ4 2025

This date is an estimate based on the company's typical quarterly filing schedule. The actual filing date may vary.

Earnings Analysis

Analyzed 11 of 12 reports

Performance Summary - Q3 2025
bullish (65)
maintained

Revenue
$1.6B
QoQ:-2.7%
YoY:-18.4%
Net Income
$1.5B
QoQ:+4.9%
YoY:+8.9%
Peer Comparison
Biotech
(7 peers)
Peers: MRNA, BNTX, GILD, VRTX, BIIB, CRSP, BEAM
Analyze peer companies to see comparative metrics here

Reality-Based Sentiment Analysis
bullish
65/100

Based on actual market data, not just management spin. Weighted score: 10% management tone + 40% earnings beat/miss + 30% price action + 20% guidance accuracy.

Management Tone (10%)
100
From earnings report
Earnings Beat/Miss (40%)
50
7-Day Price Action (30%)
65
+3.7% post-earnings
Guidance Accuracy (20%)
75
Hit targets

Financial Performance Trend

Market:
bull
neut
55
neut
54
neut
44
neut
48
neut
59
neut
52
neut
52
neut
50
bull
62
bull
65
Guidance:
maintain
maintain
maintain
maintain
maintain
maintain
maintain
not_prov
maintain
maintain
maintain

Overall Analysis & Outlook

Over the past 5 quarters, Regeneron Pharmaceuticals Inc. has been consistently bullish with stable guidance. Revenue has declined 49.8% during this period. The latest quarter shows bullish sentiment with positive tone from management.

Latest Quarter Highlights:

Regeneron delivered strong quarterly results with robust revenue and net income, driven by key product sales and collaborative partnerships. The company continues to defend its intellectual property through extensive patent litigation while maintaining a positive financial outlook.

Detailed Quarterly Reports

In-depth analysis of each quarter's earnings filing

Q3 2025

10-Q • Filed 10/28/2025

bullish

Summary

Regeneron delivered strong quarterly results with robust revenue and net income, driven by key product sales and collaborative partnerships. The company continues to defend its intellectual property through extensive patent litigation while maintaining a positive financial outlook.

Revenue

$1.59B

Net Income

$1.46B

Guidance

maintained

Tone

positive

Capex

$649.7M

Partnerships

Sanofi collaboration
Bayer collaboration
Hansoh Pharmaceuticals licensing agreement
Sanofi
Bayer
Hanosh Pharmaceutical Group Company Limited
Sonoma Biotherapeutics Inc

Key Quotes

"Continued strong performance across our product portfolio"

"Successfully defending our intellectual property through strategic legal proceedings"

Q2 2025

10-Q • Filed 8/1/2025

bullish

Summary

Regeneron delivered strong Q2 2025 financial performance with robust revenue and net income. The company continues to defend its key drug EYLEA through multiple patent litigation cases and maintains strategic collaborations with Sanofi and Bayer.

Revenue

$1.63B

Net Income

$1.39B

Guidance

maintained

Tone

positive

Capex

$448.3M

Partnerships

Sanofi collaboration
Bayer collaboration
Hansoh Pharmaceuticals licensing agreement
Sanofi
Bayer
Hanosh Pharmaceutical Group Company Limited

Key Quotes

"The company is party to a global, strategic collaboration with Sanofi to research, develop, and commercialize fully human monoclonal antibodies"

"Sanofi is generally responsible for funding 80% to 100% of agreed-upon development costs"

Q1 2025

10-Q • Filed 4/29/2025

bullish

Summary

Regeneron delivered strong Q1 2025 financial results with robust revenue growth driven by Dupixent and continued profitability. The company maintains a positive outlook despite ongoing patent litigation challenges.

Revenue

$3.03B

Net Income

$808.7M

Guidance

maintained

Tone

positive

Capex

$229.3M

Partnerships

Sanofi collaboration
Bayer collaboration
Sanofi
Bayer

Key Quotes

"Our core business strategy is to maintain a strong foundation in scientific research and drug development using our proprietary technologies"

"We continue to advance as an integrated, multi-product biotechnology company"

Q4 2024

10-K • Filed 2/5/2025

neutral

Summary

Regeneron faces increasing competition and regulatory challenges, particularly for its key products EYLEA and Dupixent. The company continues to expand its workforce and relies heavily on collaborations with Sanofi and Bayer.

Revenue

$3.99B

Net Income

N/A

Guidance

not_provided

Tone

neutral

Partnerships

Sanofi
Bayer
Roche
Sonoma Biotherapeutics
Alnylam Pharmaceuticals
Intellia Therapeutics
Checkmate Pharmaceuticals
Besse Medical
McKesson Corporation

Key Quotes

"We are substantially dependent on the success of EYLEA, EYLEA HD, and Dupixent."

"Attracting, developing, and retaining skilled and experienced employees is crucial to our ability to compete effectively."

Q3 2024

10-Q • Filed 10/31/2024

bullish

Summary

Regeneron delivered strong quarterly performance with robust revenue and net income growth. The company continues to defend its key drug patents and maintain strategic collaborations while facing some regulatory scrutiny.

Revenue

$1.95B

Net Income

$1.34B

Guidance

maintained

Tone

confident

Capex

$556.3M

Partnerships

Sanofi
Bayer
Roche
McKesson Corporation
Besse Medical
Sonoma Biotherapeutics
Alnylam Pharmaceuticals

Key Quotes

"Continued strength in EYLEA and collaboration revenues"

"Successful patent defense strategies across multiple geographies"

Q2 2024

10-Q • Filed 8/1/2024

bullish

Summary

Regeneron delivered strong quarterly performance with revenue of $1.92B and net income of $1.43B, driven by continued growth in key products like EYLEA. The company maintains a robust pipeline and strategic collaborations while navigating ongoing patent litigation.

Revenue

$1.92B

Net Income

$1.43B

Guidance

maintained

Tone

positive

Capex

$314.4M

Partnerships

Sanofi
Bayer
Roche
McKessoner Corporation
Sonoma Biotherapeutics Inc

Key Quotes

"Our core business strategy is to maintain a strong foundation in basic scientific research and discovery-enabling technologies"

"We continue to advance as an integrated, multi-product biotechnology company"

Q1 2024

10-Q • Filed 5/2/2024

neutral

Summary

Regeneron delivered stable financial performance in Q1 2024, with consistent revenues and solid net income. The company continues to leverage its diverse product portfolio and strategic collaborations while managing ongoing legal and regulatory challenges.

Revenue

$3.15B

Net Income

$722M

Guidance

maintained

Tone

neutral

Capex

$133.9M

Partnerships

Sanofi collaboration for antibody development
Bayer partnership for EYLEA commercialization
Alnylam collaboration for RNA therapeutics
Sanofi
Bayer
Alnylam Pharmaceuticals
Roche
Sonoma Biotherapeutics

Key Quotes

"Our core business strategy is to maintain a strong foundation in basic scientific research and discovery-enabling technologies"

"Regeneron is a fully integrated biotechnology company that invents, develops, manufactures, and commercializes medicines for people with serious diseases"

Q4 2023

10-K • Filed 2/5/2024

bearish

Summary

Regeneron faces significant headwinds from potential Medicare drug pricing reforms, biosimilar competition for EYLEA, and increasing regulatory complexity. The company remains substantially dependent on EYLEA and Dupixent, with concentrated customer base and weak pricing power.

Revenue

N/A

Net Income

N/A

Guidance

maintained

Tone

cautious

Partnerships

Sanofi
Bayer
Alnylam Pharmaceuticals
Roche
Intellia
Sonoma Biotherapeutics
BARDA
Decibel Therapeutics
Checkmate Pharmaceuticals

Key Quotes

"Our commercial success depends significantly on our ability to operate without infringing the patents and other proprietary rights of others"

"We are substantially dependent on the success of EYLEA, EYLEA HD, and Dupixent"

Q3 2023

10-Q • Filed 11/2/2023

neutral

Summary

Regeneron delivered solid quarterly performance with $3.36B in revenue and $1.01B in net income. The company continues to manage multiple strategic collaborations across pharmaceuticals while navigating complex legal and regulatory challenges.

Revenue

$3.36B

Net Income

$1.01B

Guidance

maintained

Tone

neutral

Capex

$467.2M

Partnerships

Sanofi
Bayer
Roche
Alnylam
Sonoma
Decibel
Alnylam Pharmaceuticals
Sonoma Biotherapeutics
BARDA
US Government
Decibel Therapeutics
Checkmate Pharmaceuticals
McKesson Corporation

Key Quotes

"Continuing to expand collaboration partnerships across multiple therapeutic areas"

"Maintaining strong financial performance despite ongoing patent and regulatory proceedings"

Q2 2023

10-Q • Filed 8/3/2023

bullish

Summary

Regeneron delivered strong Q2 2023 financial results with revenues of $3.16 billion and net income of $968.4 million. The company maintains a robust pipeline and continues to invest in R&D while facing some patent and regulatory challenges.

Revenue

$3.16B

Net Income

$968.4M

Guidance

maintained

Tone

confident

Capex

$291.2M

Partnerships

Sanofi
Bayer
Roche
Alnylam
Sonoma Biotherapeutics
Alnylam Pharmaceuticals
Checkmate Pharmaceuticals
McKesson Corporation
Besse Medical

Key Quotes

"Our core business strategy is to maintain a strong foundation in basic scientific research and discovery-enabling technologies"

"Our objective is to continue to advance as an integrated, multi-product biotechnology company"

Q1 2023

10-Q • Filed 5/4/2023

bullish

Summary

Regeneron delivered strong Q1 2023 financial results with robust revenue of $3.16 billion and net income of $817.8 million. Key products like Dupixent and Libtayo continue to show growth, while the company maintains a diversified portfolio and strategic collaborations.

Revenue

$3.16B

Net Income

$817.8M

Guidance

maintained

Tone

positive

Capex

$178.2M

Partnerships

Sonoma Biotherapeutics collaboration for T reg therapies
Ongoing collaborations with Sanofi, Bayer, Roche
Sanofi
Bayer
Roche
Sonoma Biotherapeutics
Celltrion Inc
Apotex Inc

Key Quotes

"Our core business strategy is to maintain a strong foundation in basic scientific research and discovery-enabling technologies"

"Our objective is to continue to advance as an integrated, multi-product biotechnology company"

Sector Comparison

How REGN performs vs Healthcare sector and Biotech peers

Sector Ranking (Healthcare)

#2of 2

Category Ranking (Biotech)

#2of 2

Key Metrics vs Averages

Revenue (Quarterly)
8% below avg

REGN

$1,587.7M

Biotech Avg

$1,717.3M

Healthcare Avg

$1,717.3M

Overall Sentiment
bullish

Guidance: maintained • Tone: positive