Genmab A/S logo

Genmab A/S

GMAB

NASDAQHealthcareBiotechnology

Previous close

$33.45

+$0.04 · +0.12%

Aug 21, 4:00 PM ET

GMAB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

76

Undervalued

Momentum

62

Gaining

Sentiment

64

Bullish

Risk resilience

66

Moderate Risk

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Company profile

Company website

Genmab A/S, a biopharmaceutical company founded in 1999 and headquartered in Copenhagen, Denmark, specializes in the discovery and development of innovative antibody therapies primarily for treating cancer and various other serious illnesses. The company's commercialized portfolio includes several key products: DARZALEX (daratumumab), a human monoclonal antibody for multiple myeloma (MM), non-MM blood cancers, and AL amyloidosis; teprotumumab, indicated for thyroid eye disease; ofatumumab, another human monoclonal antibody used in chronic lymphocytic leukemia (CLL) and multiple sclerosis; Amivantamab, for advanced or metastatic gastric or esophageal cancer and non-small cell lung cancer (NSCLC); and tisotumab vedotin, which targets cervical, ovarian, and solid tumors. Genmab maintains a robust pipeline of investigational medicines. These include GEN1047; DuoBody-PD-L1x4-1BB and DuoBody-CD40x4-1BB, both developed for solid tumors; Epcoritamab, in development for relapsed/refractory diffuse large B-cell lymphoma and chronic lymphocytic leukemia; and HexaBody-CD38 and DuoHexaBody-CD37, aimed at hematological malignancies. Furthermore, the company has several products in Phase 2 clinical trials: Teclistamab for vaso-occlusive crises; Camidanlumab tesirine for Hodgkin lymphoma and solid tumors; JNJ-64007957 and JNJ-64407564 for MM; PRV-015 for celiac disease; Mim8 for haemophilia A; and Lu AF82422 for multiple system atrophy disease. In addition to its clinical programs, Genmab is advancing approximately 20 active pre-clinical programs. Genmab fosters strategic collaborations to further its research and development efforts. It holds a commercial license and co-development agreement with Seagen Inc. for tisotumab vedotin. The company also partners with CureVac AG on the research and development of differentiated mRNA-based antibody products and with AbbVie for the development of epcoritamab. Further alliances include BioNTech, Janssen, Novo Nordisk A/S, BliNK Biomedical SAS, and Bolt Biotherapeutics, Inc.

Industry
Biotechnology
Sector
Healthcare
Headquarters
DK
CEO
Jan van de Winkel
Listed since
Jun 1, 2009
Employees
3,119

Market position

Day range

Current $33.45

52-week range

Current $33.45

Open
$33.32
Previous close
$33.41
Volume
2.54M
1.2× average
Average volume
2.12M
Average daily volume
Market cap
20.54B USD
Beta
0.69
Market reference 1
50-day average
$28.7533
+16.33% above average
200-day average
$29.1376
+14.80% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
22.86B USD
EV / EBITDA
17.1×
Earnings yield
5.03%
Free cash flow yield
6.01%

Profitability & efficiency

Return on equity
16.52%
Return on assets
7.50%
Return on invested capital
8.54%

Financial health

Current ratio
2.02×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends107%78%48%18%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 98.63%Gross margin, FY2024: 95.42%Gross margin, FY2025: 91.69%Operating margin, FY2021: 35.08%Operating margin, FY2022: 43.21%Operating margin, FY2023: 32.30%Operating margin, FY2024: 31.14%Operating margin, FY2025: 33.60%Net margin, FY2021: 35.13%Net margin, FY2022: 37.59%Net margin, FY2023: 26.42%Net margin, FY2024: 36.44%Net margin, FY2025: 25.89%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 98.63%. Gross margin FY2024 95.42%. Gross margin FY2025 91.69%. Operating margin FY2021 35.08%. Operating margin FY2022 43.21%. Operating margin FY2023 32.30%. Operating margin FY2024 31.14%. Operating margin FY2025 33.60%. Net margin FY2021 35.13%. Net margin FY2022 37.59%. Net margin FY2023 26.42%. Net margin FY2024 36.44%. Net margin FY2025 25.89%.

Income trends

Revenue

3.72B USD-82.70%

Operating income

1.25B USD-81.34%

Net income

963.76M USD-87.71%
Income trends across reported periods23.58B USD15.36B USD7.13B USD−1.09B USDRevenue, FY2021: 8.42B USDRevenue, FY2022: 14.51B USDRevenue, FY2023: 16.47B USDRevenue, FY2024: 21.53B USDRevenue, FY2025: 3.72B USDOperating income, FY2021: 2.95B USDOperating income, FY2022: 6.27B USDOperating income, FY2023: 5.32B USDOperating income, FY2024: 6.7B USDOperating income, FY2025: 1.25B USDNet income, FY2021: 2.96B USDNet income, FY2022: 5.45B USDNet income, FY2023: 4.35B USDNet income, FY2024: 7.84B USDNet income, FY2025: 963.76M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.42B USD. Revenue FY2022 14.51B USD. Revenue FY2023 16.47B USD. Revenue FY2024 21.53B USD. Revenue FY2025 3.72B USD. Operating income FY2021 2.95B USD. Operating income FY2022 6.27B USD. Operating income FY2023 5.32B USD. Operating income FY2024 6.7B USD. Operating income FY2025 1.25B USD. Net income FY2021 2.96B USD. Net income FY2022 5.45B USD. Net income FY2023 4.35B USD. Net income FY2024 7.84B USD. Net income FY2025 963.76M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.72B USD21.53B USD16.47B USD14.51B USD8.42B USD
Cost of goods sold309.24M USD985M USD226M USD
Gross profit3.41B USD20.54B USD16.25B USD14.51B USD8.42B USD
Research and development1.56B USD9.75B USD7.63B USD5.56B USD4.18B USD
Selling, general, and administrative602.47M USD3.79B USD3.3B USD2.68B USD1.28B USD
Operating expenses2.16B USD13.84B USD10.93B USD8.24B USD5.46B USD
Interest income138.11M USD995M USD939M USD324M USD197M USD
Interest expense61.05M USD120M USD27M USD21M USD13M USD
Depreciation and amortization71.06M USD413M USD240M USD362M USD250M USD
Operating income1.25B USD6.7B USD5.32B USD6.27B USD2.95B USD
Net income963.76M USD7.84B USD4.35B USD5.45B USD2.96B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
+4.22%
11 comparable reports
Latest EPS result
0.54
Estimate 0.37 · Beat by 45.95%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.70.480.260.04Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 0.57, estimate 0.36, surprise +58.33%, Beat. Q2 2025, reported May 8, 2025: actual 0.31, estimate 0.23, surprise +34.78%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.54, estimate 0.39, surprise +38.46%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.65, estimate 0.48, surprise +35.42%, Beat. Q1 2026, reported Feb 17, 2026: actual 0.05, estimate 0.46, surprise -89.13%, Miss. Q2 2026, reported May 7, 2026: actual 0.087, estimate 0.15, surprise -42.00%, Miss. Q3 2026, reported Aug 6, 2026: actual 0.54, estimate 0.37, surprise +45.95%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.36, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.26B1.06B870.7M677.65MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 895.8M USD, estimate 894.71M USD, surprise +0.12%, Beat. Q2 2025, reported May 8, 2025: actual 725.99M USD, estimate 755.47M USD, surprise -3.90%, Miss. Q3 2025, reported Aug 7, 2025: actual 924.81M USD, estimate 952.56M USD, surprise -2.91%, Miss. Q4 2025, reported Nov 6, 2025: actual 1.02B USD, estimate 1.01B USD, surprise +1.08%, Beat. Q1 2026, reported Feb 17, 2026: actual 1.06B USD, estimate 1.07B USD, surprise -0.76%, Miss. Q2 2026, reported May 7, 2026: actual 896M USD, estimate 905.77M USD, surprise -1.08%, Miss. Q3 2026, reported Aug 6, 2026: actual 1.16B USD, estimate 1.12B USD, surprise +3.46%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 1.21B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

18 ratings
Strong buy00%
Buy1372%
Hold422%
Sell16%
Strong sell00%

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