REGNRegeneron Pharmaceuticals
- Employees
- 15,410
- Headquarters
- Tarrytown, NY
- CEO
- Leonard S. Schleifer
- Next results
- around Jan 11, 2027
What the 10-K filed 2026-02-04 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-05.
Big customers
Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).
No specific sentence about this in the 10-K.
Key suppliers
Parts or manufacturing that depend on one or a few suppliers.
“In addition, some of these drug-delivery devices may be provided by single-source, third-party providers or our collaborators.”
Read it in the 10-K ↗
“Certain raw materials or other products necessary for the manufacture and formulation of our marketed products and product candidates, some of which are difficult to source, are provided by single-source unaffiliated third-party suppliers.”
Read it in the 10-K ↗
“Regional or single-source dependencies may in some cases accentuate these risks.”
Read it in the 10-K ↗
Lawsuits and legal claims
Pending cases, settlements and what the company has set aside for them.
“We accrue, based on management's judgment, for an estimated loss when the potential loss from claims or legal proceedings is considered probable and the amount can be reasonably estimated.”
Read it in the 10-K ↗
Guarantees and indemnities
Promises to pay someone else's debts or losses if they cannot.
No specific sentence about this in the 10-K.
Debt covenants
Conditions in loan agreements that, if broken, can make debt due early.
“The Credit Agreement contains operating covenants and a maximum total leverage ratio financial covenant.”
Read it in the 10-K ↗
“We were in compliance with all covenants of the Credit Agreement as of December 31, 2025.”
Read it in the 10-K ↗
“We were in compliance with all such covenants as of December 31, 2025.”
Read it in the 10-K ↗
Commitments off the balance sheet
Contracts the company must pay for later: purchase obligations, take-or-pay deals.
No specific sentence about this in the 10-K.
Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗
Work on REGN in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/REGN/export.csv") into a cell.