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Side-by-side financial comparison of ARGENX SE (ARGX) and RUSH ENTERPRISES INC \TX\ (RUSHA). Click either name above to swap in a different company.

ARGENX SE is the larger business by last-quarter revenue ($2.5B vs $1.7B, roughly 1.5× RUSH ENTERPRISES INC \TX\). ARGENX SE runs the higher net margin — 35.5% vs 3.7%, a 31.8% gap on every dollar of revenue. On growth, ARGENX SE posted the faster year-over-year revenue change (83.2% vs -9.0%). RUSH ENTERPRISES INC \TX\ produced more free cash flow last quarter ($411.6M 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.

Rush Enterprises is an American commercial vehicle dealership headquartered in New Braunfels, Texas. It primarily sells new and used trucks, through its Rush Truck Centers. In 2019, the company operated over 200 Rush Truck Centers in 20 U.S. states as well as 14 locations in Canada. As of 2020, it was a Fortune 500 corporation.

ARGX vs RUSHA — Head-to-Head

Bigger by revenue
ARGX
ARGX
1.5× larger
ARGX
$2.5B
$1.7B
RUSHA
Growing faster (revenue YoY)
ARGX
ARGX
+92.2% gap
ARGX
83.2%
-9.0%
RUSHA
Higher net margin
ARGX
ARGX
31.8% more per $
ARGX
35.5%
3.7%
RUSHA
More free cash flow
RUSHA
RUSHA
$89.2M more FCF
RUSHA
$411.6M
$322.4M
ARGX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARGX
ARGX
RUSHA
RUSHA
Revenue
$2.5B
$1.7B
Net Profit
$877.2M
$61.7M
Gross Margin
89.5%
20.4%
Operating Margin
28.9%
4.9%
Net Margin
35.5%
3.7%
Revenue YoY
83.2%
-9.0%
Net Profit YoY
1.3%
1.8%
EPS (diluted)
$13.25
$0.77

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.

Revenue
ARGX
ARGX
RUSHA
RUSHA
Q1 26
$1.7B
Q4 25
$2.5B
$1.7B
Q3 25
$1.8B
Q2 25
$1.8B
$1.8B
Q1 25
$1.8B
Q4 24
$1.4B
$1.9B
Q3 24
$1.8B
Q2 24
$901.9M
$1.9B
Net Profit
ARGX
ARGX
RUSHA
RUSHA
Q1 26
$61.7M
Q4 25
$877.2M
$64.3M
Q3 25
$66.7M
Q2 25
$414.8M
$72.4M
Q1 25
$60.3M
Q4 24
$865.6M
$74.8M
Q3 24
$79.1M
Q2 24
$-32.5M
$78.7M
Gross Margin
ARGX
ARGX
RUSHA
RUSHA
Q1 26
20.4%
Q4 25
89.5%
20.8%
Q3 25
21.0%
Q2 25
89.2%
20.7%
Q1 25
20.3%
Q4 24
90.2%
19.3%
Q3 24
21.0%
Q2 24
89.4%
20.2%
Operating Margin
ARGX
ARGX
RUSHA
RUSHA
Q1 26
4.9%
Q4 25
28.9%
5.5%
Q3 25
5.6%
Q2 25
19.2%
6.0%
Q1 25
5.2%
Q4 24
8.7%
5.8%
Q3 24
6.7%
Q2 24
-15.4%
6.4%
Net Margin
ARGX
ARGX
RUSHA
RUSHA
Q1 26
3.7%
Q4 25
35.5%
3.8%
Q3 25
3.7%
Q2 25
23.4%
3.9%
Q1 25
3.4%
Q4 24
64.1%
3.9%
Q3 24
4.4%
Q2 24
-3.6%
4.1%
EPS (diluted)
ARGX
ARGX
RUSHA
RUSHA
Q1 26
$0.77
Q4 25
$13.25
$0.81
Q3 25
$0.83
Q2 25
$6.32
$0.90
Q1 25
$0.73
Q4 24
$13.33
$-95.13
Q3 24
$0.97
Q2 24
$-0.55
$97.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARGX
ARGX
RUSHA
RUSHA
Cash + ST InvestmentsLiquidity on hand
$3.5B
Total DebtLower is stronger
$277.8M
Stockholders' EquityBook value
$7.3B
$2.3B
Total Assets
$8.7B
$4.5B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARGX
ARGX
RUSHA
RUSHA
Q1 26
Q4 25
$3.5B
$212.6M
Q3 25
$242.0M
Q2 25
$2.1B
$211.1M
Q1 25
$228.7M
Q4 24
$1.5B
$228.1M
Q3 24
$185.1M
Q2 24
$1.4B
$167.3M
Total Debt
ARGX
ARGX
RUSHA
RUSHA
Q1 26
$277.8M
Q4 25
$274.8M
Q3 25
Q2 25
Q1 25
Q4 24
$408.4M
Q3 24
Q2 24
$11.0M
Stockholders' Equity
ARGX
ARGX
RUSHA
RUSHA
Q1 26
$2.3B
Q4 25
$7.3B
$2.2B
Q3 25
$2.2B
Q2 25
$6.1B
$2.2B
Q1 25
$2.2B
Q4 24
$5.5B
$2.1B
Q3 24
$2.1B
Q2 24
$4.3B
$2.0B
Total Assets
ARGX
ARGX
RUSHA
RUSHA
Q1 26
$4.5B
Q4 25
$8.7B
$4.4B
Q3 25
$4.6B
Q2 25
$7.2B
$4.7B
Q1 25
$4.7B
Q4 24
$6.2B
$4.6B
Q3 24
$4.6B
Q2 24
$4.8B
$4.5B
Debt / Equity
ARGX
ARGX
RUSHA
RUSHA
Q1 26
0.12×
Q4 25
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
0.19×
Q3 24
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARGX
ARGX
RUSHA
RUSHA
Operating Cash FlowLast quarter
$323.3M
Free Cash FlowOCF − Capex
$322.4M
$411.6M
FCF MarginFCF / Revenue
13.0%
24.4%
Capex IntensityCapex / Revenue
0.0%
2.0%
Cash ConversionOCF / Net Profit
0.37×
TTM Free Cash FlowTrailing 4 quarters
$594.5M
$828.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARGX
ARGX
RUSHA
RUSHA
Q1 26
Q4 25
$323.3M
$112.9M
Q3 25
$367.8M
Q2 25
$361.8M
$227.6M
Q1 25
$153.5M
Q4 24
$41.9M
$392.3M
Q3 24
$111.7M
Q2 24
$-124.7M
$270.6M
Free Cash Flow
ARGX
ARGX
RUSHA
RUSHA
Q1 26
$411.6M
Q4 25
$322.4M
$31.9M
Q3 25
$271.2M
Q2 25
$356.6M
$113.8M
Q1 25
$45.1M
Q4 24
$40.9M
$263.5M
Q3 24
$-20.0M
Q2 24
$-125.5M
$177.2M
FCF Margin
ARGX
ARGX
RUSHA
RUSHA
Q1 26
24.4%
Q4 25
13.0%
1.9%
Q3 25
15.2%
Q2 25
20.1%
6.2%
Q1 25
2.6%
Q4 24
3.0%
13.7%
Q3 24
-1.1%
Q2 24
-13.9%
9.1%
Capex Intensity
ARGX
ARGX
RUSHA
RUSHA
Q1 26
2.0%
Q4 25
0.0%
4.8%
Q3 25
5.4%
Q2 25
0.3%
6.2%
Q1 25
6.2%
Q4 24
0.1%
6.7%
Q3 24
7.3%
Q2 24
0.1%
4.8%
Cash Conversion
ARGX
ARGX
RUSHA
RUSHA
Q1 26
Q4 25
0.37×
1.75×
Q3 25
5.51×
Q2 25
0.87×
3.14×
Q1 25
2.55×
Q4 24
0.05×
5.25×
Q3 24
1.41×
Q2 24
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARGX
ARGX

Segment breakdown not available.

RUSHA
RUSHA

New and used commercial vehicle sales$955.1M57%
Aftermarket products and services sales$627.2M37%
Lease and rental sales$92.3M5%
Finance and insurance$5.6M0%

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