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Side-by-side financial comparison of ARGENX SE (ARGX) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.
ARGENX SE is the larger business by last-quarter revenue ($2.5B vs $1.4B, roughly 1.7× LOGITECH INTERNATIONAL S.A.). ARGENX SE runs the higher net margin — 35.5% vs 17.7%, a 17.8% gap on every dollar of revenue. On growth, ARGENX SE posted the faster year-over-year revenue change (83.2% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $322.4M).
AbbVie Inc. is an American pharmaceutical company headquartered in North Chicago, Illinois. They have produced drugs to treat a wide range of medical issues.
Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.
ARGX vs LOGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.5B | $1.4B |
| Net Profit | $877.2M | $251.0M |
| Gross Margin | 89.5% | 43.2% |
| Operating Margin | 28.9% | 20.1% |
| Net Margin | 35.5% | 17.7% |
| Revenue YoY | 83.2% | 6.1% |
| Net Profit YoY | 1.3% | 25.4% |
| EPS (diluted) | $13.25 | $1.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.5B | $1.4B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | $901.9M | $1.1B | ||
| Q1 24 | — | $1.0B |
| Q4 25 | $877.2M | $251.0M | ||
| Q3 25 | — | $170.7M | ||
| Q2 25 | $414.8M | $146.0M | ||
| Q1 25 | — | $144.1M | ||
| Q4 24 | $865.6M | $200.1M | ||
| Q3 24 | — | $145.5M | ||
| Q2 24 | $-32.5M | $141.8M | ||
| Q1 24 | — | $167.6M |
| Q4 25 | 89.5% | 43.2% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | 89.2% | 41.7% | ||
| Q1 25 | — | 43.1% | ||
| Q4 24 | 90.2% | 42.9% | ||
| Q3 24 | — | 43.6% | ||
| Q2 24 | 89.4% | 42.8% | ||
| Q1 24 | — | 43.2% |
| Q4 25 | 28.9% | 20.1% | ||
| Q3 25 | — | 16.1% | ||
| Q2 25 | 19.2% | 14.1% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | 8.7% | 17.5% | ||
| Q3 24 | — | 14.4% | ||
| Q2 24 | -15.4% | 14.1% | ||
| Q1 24 | — | 12.9% |
| Q4 25 | 35.5% | 17.7% | ||
| Q3 25 | — | 14.4% | ||
| Q2 25 | 23.4% | 12.7% | ||
| Q1 25 | — | 14.3% | ||
| Q4 24 | 64.1% | 14.9% | ||
| Q3 24 | — | 13.0% | ||
| Q2 24 | -3.6% | 13.0% | ||
| Q1 24 | — | 16.6% |
| Q4 25 | $13.25 | $1.69 | ||
| Q3 25 | — | $1.15 | ||
| Q2 25 | $6.32 | $0.98 | ||
| Q1 25 | — | $0.94 | ||
| Q4 24 | $13.33 | $1.32 | ||
| Q3 24 | — | $0.95 | ||
| Q2 24 | $-0.55 | $0.92 | ||
| Q1 24 | — | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.5B | $1.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.3B | $2.3B |
| Total Assets | $8.7B | $4.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.5B | $1.8B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $1.5B | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $11.0M | — | ||
| Q1 24 | — | — |
| Q4 25 | $7.3B | $2.3B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | $6.1B | $2.2B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | $5.5B | $2.1B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | $4.3B | $2.2B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | $8.7B | $4.1B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | $7.2B | $3.7B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | $6.2B | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | $4.8B | $3.7B | ||
| Q1 24 | — | $3.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $323.3M | $480.5M |
| Free Cash FlowOCF − Capex | $322.4M | $465.6M |
| FCF MarginFCF / Revenue | 13.0% | 32.8% |
| Capex IntensityCapex / Revenue | 0.0% | 1.0% |
| Cash ConversionOCF / Net Profit | 0.37× | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $594.5M | $903.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $323.3M | $480.5M | ||
| Q3 25 | — | $228.8M | ||
| Q2 25 | $361.8M | $125.0M | ||
| Q1 25 | — | $129.7M | ||
| Q4 24 | $41.9M | $370.9M | ||
| Q3 24 | — | $166.0M | ||
| Q2 24 | $-124.7M | $176.0M | ||
| Q1 24 | — | $239.1M |
| Q4 25 | $322.4M | $465.6M | ||
| Q3 25 | — | $212.3M | ||
| Q2 25 | $356.6M | $108.8M | ||
| Q1 25 | — | $116.9M | ||
| Q4 24 | $40.9M | $356.6M | ||
| Q3 24 | — | $151.5M | ||
| Q2 24 | $-125.5M | $161.4M | ||
| Q1 24 | — | $228.8M |
| Q4 25 | 13.0% | 32.8% | ||
| Q3 25 | — | 17.9% | ||
| Q2 25 | 20.1% | 9.5% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | 3.0% | 26.6% | ||
| Q3 24 | — | 13.6% | ||
| Q2 24 | -13.9% | 14.8% | ||
| Q1 24 | — | 22.6% |
| Q4 25 | 0.0% | 1.0% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | 0.3% | 1.4% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | 0.1% | 1.1% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | 0.1% | 1.3% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | 0.37× | 1.91× | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | 0.87× | 0.86× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | 0.05× | 1.85× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.24× | ||
| Q1 24 | — | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARGX
Segment breakdown not available.
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
