Stock Analysis on Net

Regeneron Pharmaceuticals Inc. (NASDAQ:REGN)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Regeneron Pharmaceuticals Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Accounts payable
Accrued expenses and other current liabilities
Finance lease liabilities, current portion
Deferred revenue
Current liabilities
Long-term debt
Finance lease liabilities, excluding current portion
Deferred revenue
Other noncurrent liabilities
Noncurrent liabilities
Total liabilities
Preferred Stock, par value $.01 per share; shares issued and outstanding: none
Class A Stock, convertible, par value $.001 per share
Common Stock, par value $.001 per share
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Treasury Stock, at cost
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


The financial structure of the organization has undergone a significant shift toward a more equity-heavy capitalization, characterized by a consistent reduction in total liabilities and a corresponding increase in stockholders' equity. Total liabilities as a percentage of the total balance sheet declined from 32.61% in March 2021 to 23.11% by March 2026, indicating a strengthening of the solvency profile and a reduction in financial leverage over the five-year period.

Liability Composition and Debt Management
A persistent downward trend is observed in long-term debt, which decreased from 11.13% of total assets and liabilities in March 2021 to 4.86% by March 2026. This steady contraction suggests a strategic deleveraging process. Current liabilities also saw a notable decline, falling from 18.11% to 12.50% over the same period, with a significant step-down occurring between December 2021 and March 2022. Conversely, other noncurrent liabilities exhibited a gradual increase in the latter half of the period, rising from approximately 2.18% in December 2022 to 5.20% by March 2026.
Equity Growth and Profit Retention
Stockholders' equity increased from 67.39% in March 2021 to 76.89% in March 2026. This growth was driven primarily by a substantial rise in retained earnings, which climbed from 67.57% to 89.12% of the total balance sheet. This trend indicates strong internal capital generation and the consistent accumulation of profits over time.
Capital Return Strategy
The impact of share repurchases is evident in the treasury stock account, which became increasingly negative, moving from -39.02% in March 2021 to -47.50% by March 2026. This suggests that the organization has aggressively returned capital to shareholders through buybacks, even while significantly increasing its retained earnings base.

Overall, the analysis reveals a transition toward a more conservative financial position. The simultaneous reduction in long-term debt and the expansion of retained earnings demonstrate a high degree of financial autonomy and a diminished reliance on external borrowing to fund operations or growth.