Danish pharmaceutical company Genmab reported first-quarter revenue in line with expectations, while operating profit came in lower than anticipated.

Revenue rose 25.3 percent to 896 million dollars (715). This figure compares with the Factset analyst consensus of 906 million dollars.

Operating profit amounted to 180 million dollars (188), missing the expected 187 million dollars. The operating margin stood at 20.1 percent (26.3).

Net profit for the period was 53 million dollars (195).

The company is reiterating its full-year guidance for
revenue of 4,065-4,395 million dollars and an operating profit of 900-1,400 million dollars.

Genmab, MUSDQ1-2026ConsensusChange vs ConsensusQ1-2025Change
Net sales896906-1.1%71525.3%
Operating profit180187-3.7%188-4.3%
Operating margin20.1%20.6%26.3%
Net profit53195-72.8%
Consensus data from Factset