v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
$ in Thousands, € in Millions
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Non‑current assets      
Property, plant and equipment $ 48,247 $ 43,517 $ 22,675
Intangible assets 272,103 181,445 125,228
Deferred tax assets 1,295,853 924,299 97,211
Research and development incentive receivables 86,212 94,854 76,706
Investment in a joint venture 3,378 9,268 9,912
Prepaid expenses 25,811 23,643 47,327
Other non-current assets 51,990 42,393 39,662
Total non‑current assets 1,783,594 1,319,419 418,721
Current assets      
Inventories 473,530 407,233 310,550
Prepaid expenses 328,476 187,948 134,072
Trade and other receivables 1,646,692 904,471 496,687
Research and development incentive receivables 10,367 4,625 2,584
Financial assets 948,750 1,878,890 1,131,000
Cash and cash equivalents 3,491,289 1,499,936 [1] 2,048,844 [1]
Total current assets 6,899,104 4,883,103 4,123,737
Total assets 8,682,698 6,202,522 4,542,458
Equity attributable to owners of the parent      
Share capital 7,354 7,227 7,058
Share premium 6,186,554 5,948,916 5,651,497
Translation differences 138,570 126,832 131,543
Accumulated losses (279,769) (1,571,804) (2,404,844)
Other reserves 1,270,383 987,112 712,253
Total equity 7,323,092 5,498,283 4,097,507
Non-current liabilities      
Provisions for employee benefits 3,093 1,803 1,449
Lease liabilities 36,327 32,520 15,354
Deferred tax liabilities 0 0 5,155
Total non-current liabilities 39,420 34,323 21,958
Current liabilities      
Lease liabilities 10,833 6,533 4,646
Trade and other payables 1,267,144 649,993 414,013
Tax liabilities 42,209 13,390 4,334
Total current liabilities 1,320,186 669,916 422,993
Total liabilities 1,359,606 704,239 444,951
Total equity and liabilities $ 8,682,698 $ 6,202,522 $ 4,542,458
[1] 1)Comparative figures have been aligned to the presentation adopted in the current year.