DARZALEX Q1 2026 sales hit $3.96B for Genmab (NASDAQ: GMAB)
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Genmab A/S reports that worldwide net trade sales of DARZALEX (daratumumab), as reported by Johnson & Johnson, reached USD 3,964 million in the first quarter of 2026. Net trade sales were USD 2,208 million in the U.S. and USD 1,756 million in the rest of the world.
Genmab receives royalties on these global DARZALEX sales under its exclusive worldwide license agreement with Johnson & Johnson to develop, manufacture and commercialize daratumumab.
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Key Figures
DARZALEX worldwide net trade sales: USD 3,964 million
DARZALEX U.S. net trade sales: USD 2,208 million
DARZALEX rest-of-world net trade sales: USD 1,756 million
3 metrics
DARZALEX worldwide net trade sales
USD 3,964 million
First quarter of 2026, reported by Johnson & Johnson
DARZALEX U.S. net trade sales
USD 2,208 million
First quarter of 2026, U.S. market
DARZALEX rest-of-world net trade sales
USD 1,756 million
First quarter of 2026, outside the U.S.
Key Terms
net trade sales, royalties, exclusive worldwide license, antibody–drug conjugates (ADCs), +1 more
5 terms
net trade sales financial
"worldwide net trade sales of DARZALEX (daratumumab) ... were USD 3,964 million"
royalties financial
"Genmab receives royalties on the worldwide net sales of DARZALEX"
Payments made to the owner of an asset or intellectual property each time that asset is used or a product is sold, often calculated as a percentage of sales or a set amount per unit. Royalties matter to investors because they create predictable, ongoing income streams and affect a company’s cash flow and valuation—like a landlord collecting rent or an author getting a steady cut whenever a book is sold.
exclusive worldwide license financial
"under the exclusive worldwide license to J&J to develop, manufacture and commercialize daratumumab"
antibody–drug conjugates (ADCs) technical
"including bispecific antibodies, antibody–drug conjugates (ADCs), immune-modulating antibodies"
forward looking statements regulatory
"The Company Announcement contains forward looking statements."
Statements about a company’s expected future performance, plans, goals, or projections that are not historical facts and involve assumptions and estimates. Investors care because these are predictions that guide decisions but can be wrong; like a weather forecast, they help set expectations and risk — if circumstances change, actual results may differ significantly, so investors should weigh them alongside hard data and risk factors.
FAQ
What DARZALEX sales did Genmab (GMAB) disclose for Q1 2026?
Genmab reported worldwide net trade sales of DARZALEX of USD 3,964 million in Q1 2026. Johnson & Johnson reported these figures, covering both intravenous and subcutaneous formulations, and Genmab earns royalties on this global revenue under its license agreement.
How were DARZALEX Q1 2026 sales for Genmab (GMAB) split by region?
DARZALEX net trade sales in Q1 2026 were USD 2,208 million in the U.S. and USD 1,756 million in the rest of the world. These regional figures were reported by Johnson & Johnson and form the basis for Genmab’s royalty income.
How does Genmab (GMAB) earn money from DARZALEX sales?
Genmab earns royalties on worldwide net sales of DARZALEX from Johnson & Johnson. Under an exclusive worldwide license, J&J develops, manufactures and commercializes daratumumab, while Genmab benefits financially through ongoing royalty payments tied to global product sales.
Which DARZALEX products are covered by Genmab’s royalty agreement?
The royalty agreement covers both intravenous DARZALEX and the subcutaneous DARZALEX FASPRO formulation. Johnson & Johnson records worldwide net trade sales for these products, and Genmab receives royalties based on those combined global sales each period.
What type of company is Genmab (GMAB) and what does it focus on?
Genmab is an international biotechnology company focused on innovative antibody medicines for cancer and other serious diseases. Its science underpins eight approved antibody medicines and a late-stage pipeline, including bispecific antibodies, antibody–drug conjugates and other next-generation antibody formats.
Who holds the commercial rights to DARZALEX in Genmab’s collaboration?
Johnson & Johnson, through Janssen Biotech, Inc., holds exclusive worldwide rights to DARZALEX. Under this license, J&J develops, manufactures and commercializes daratumumab, while Genmab’s economic interest comes from royalties on worldwide net sales reported by J&J.
