REGN Q1 2026 Earnings — Income Statement Breakdown

For its Q1 2026 period (ending 2026-03-31), REGN reported revenue of $3.6B, gross profit of $2.9B (81.4% gross margin), operating income of $643M, and net income of $727M (20.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

REGN was profitable; revenue fell 7.2% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter−7.2%−13.9%−1.6 pp

Consensus estimate data is not available for this report.

REGN Q1 2026 Income Statement

REGN Q1 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$3.6B100%
Cost of Revenue−$669M18.6%
Gross Profit$2.9B81.4%
Research & Development−$1.5B42.8%
Selling, General & Administrative−$648M18.0%
Other Operating Expenses−$102M2.8%
Operating Income$643M17.8%
Interest Expense−$13M0.4%
Other Income, net$201M5.6%
Income Tax Expense−$104M2.9%
Net Income$727M20.2%

Source: original SEC filing (filed 2026-04-29). Accession 0000872589-26-000014. Data normalized by EarningsFyi.