The table below summarizes Genmab’s revenue by type and collaboration partner, and royalties by product, under Genmab’s agreements. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | | | | | | | | | Revenue by type: | | | | | | | | | Royalties | | $ | 789 | | | $ | 659 | | | $ | 1,378 | | | $ | 1,111 | | Reimbursement revenue | | 13 | | | 42 | | | 36 | | | 82 | | Milestone revenue | | 1 | | | — | | | 13 | | | 50 | | Collaboration revenue | | 21 | | | 16 | | | 37 | | | 30 | | | | | | | | | | | Net product sales | | 101 | | | 62 | | | 176 | | | 109 | | Total | | $ | 925 | | | $ | 779 | | | $ | 1,640 | | | $ | 1,382 | | | | | | | | | | | Revenue by collaboration partner: | | | | | | | | | J&J | | $ | 656 | | | $ | 554 | | | $ | 1,137 | | | $ | 915 | | Roche | | 21 | | | 23 | | | 46 | | | 49 | | Novartis | | 109 | | | 81 | | | 200 | | | 145 | | BioNTech | | 11 | | | 37 | | | 30 | | | 74 | | Pfizer | | 22 | | | 20 | | | 41 | | | 37 | | AbbVie | | 5 | | | 2 | | | 8 | | | 53 | | Other | | — | | | — | | | 2 | | | — | | Total* | | $ | 824 | | | $ | 717 | | | $ | 1,464 | | | $ | 1,273 | | | | | | | | | | | Royalties by product: | | | | | | | | | DARZALEX | | $ | 638 | | | $ | 538 | | | $ | 1,088 | | | $ | 885 | | Kesimpta | | 108 | | | 80 | | | 198 | | | 144 | | TEPEZZA | | 20 | | | 23 | | | 45 | | | 49 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Other** | | 23 | | | 18 | | | 47 | | | 33 | | Total | | $ | 789 | | | $ | 659 | | | $ | 1,378 | | | $ | 1,111 | |
*Excludes Genmab’s Net product sales **Other consist of royalties from net sales of RYBREVANT, TECVAYLI, TALVEY and TEPKINLY.
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