UCB

UCB · Euronext Brussels · EUR

€204.30+1.49%+€3.00

Close · October 2, 2026

At a glance

Revenue growth: +25.83%; 2025 vs 2024
Net income growth: +46.29%; 2025 vs 2024
Net margin: 20.1%; 2024: 17.3%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q4 2025	Q2 2025	Q4 2024	Q2 2024	Q4 2023	Q2 2023	Q4 2022	Q2 2022	Q4 2021
Total assets	20,633	18,158	17,187	17,347	15,629	15,539	15,382	15,868	16,308	14,210
Current assets	5,460	6,054	5,321	4,788	3,320	3,444	3,001	3,304	3,259	3,710
Cash and equivalents	766	2,251	1,611	1,573	428	861	457	899	515	1,263
Short-term investments	—	112	401	99.0	—	62.0	—	47.0	—	49.0
Receivables	2,518	1,788	1,919	1,409	1,419	1,140	1,301	992	1,408	1,134
Inventory	1,740	1,496	1,360	1,309	1,136	1,031	912	907	861	878
Net property, plant and equipment	2,102	1,915	1,785	1,754	1,665	1,595	1,519	1,434	1,385	1,275
Goodwill	7,755	5,091	5,093	5,462	5,352	5,254	5,296	5,340	5,534	5,173
Other intangible assets	3,448	3,447	3,503	4,082	4,160	4,232	4,536	4,816	5,139	3,159
Long-term investments	—	165	—	144	—	128	—	134	—	130
Current liabilities	4,537	4,401	3,931	3,529	2,798	2,616	2,648	3,112	2,896	2,824
Accounts payable	3,893	899	3,197	831	2,415	586	2,054	623	2,340	677
Long-term debt	3,230	2,064	2,685	2,818	2,846	2,878	2,512	2,538	2,779	1,971
Total debt	—	2,245	2,878	—	—	—	—	—	—	—
Total liabilities	8,979	7,291	7,504	7,318	6,676	6,564	6,340	6,804	7,391	5,824
Total equity (incl. minority)	11,654	10,867	9,683	10,029	8,953	8,975	9,042	9,064	8,917	8,386
Retained earnings	9,285	8,679	7,540	7,395	6,492	6,578	6,486	6,445	6,402	6,294
Minority interest	—	0.0	0.0	—	—	—	—	—	—	—