Alcon Inc. (ALC) Revenue History
Annual and quarterly revenue from 2015 to present
ALC Revenue Over Time (2015–2025)
ALC Revenue Growth History
9 of 10 years with positive growth- FY2015 revenue growth
- N/A
- FY2016 revenue growth
- +1.2%
- FY2017 revenue growth
- +3.0%
- FY2018 revenue growth
- +5.3%
- FY2019 revenue growth
- +5.0%
- FY2020 revenue growth
- -9.0%
- FY2021 revenue growth
- +21.3%
- FY2022 revenue growth
- +5.1%
- FY2023 revenue growth
- +8.5%
- FY2024 revenue growth
- +4.8%
- FY2025 revenue growth
- +4.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $2.65B | +7.3% |
| Q4 2025 | $2.72B | +8.6% |
| Q3 2025 | $2.61B | +6.5% |
| Q2 2025 | $2.60B | +4.0% |
| Q1 2025 | $2.47B | +0.6% |
| Q4 2024 | $2.50B | +6.4% |
| Q3 2024 | $2.45B | +5.4% |
| Q2 2024 | $2.50B | +3.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown
ALC's revenue distribution by segment and geography
By Geography
ALC Revenue Analysis (2015–2025)
Current Revenue & Growth
As of June 23, 2026, Alcon Inc. (ALC) generated trailing twelve-month (TTM) revenue of $10.58 billion, reflecting solid growth of +7.3% year-over-year. The most recent quarter (Q1 2026) recorded $2.65 billion in revenue, down 2.4% sequentially.
Historical Growth Trajectory
ALC's 5-year compound annual growth rate (CAGR) stands at +8.8%, indicating steady revenue expansion. The 3-year CAGR of +6.1% is below the 5-year average, signalling a growth deceleration in recent years. Alcon Inc.'s highest annual revenue of $10.40 billion was recorded in 2025, an all-time high.
Peer Comparison
Compared to Healthcare sector peers — including BAX (+5.1% YoY), HSIC (+4.0% YoY), and HOLX (+2.2% YoY) — ALC has outperformed the peer group in revenue growth. Compare ALC vs BAX →
ALC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ALCCurrent | $10.6B | +7.3% | +8.8% | 13.1% | |
 BAX | $11.2B | +5.1% | -0.7% | -2.7% | |
 HSIC | $13.2B | +4.0% | +5.4% | 5.7% | |
 HOLX | $4.1B | +2.2% | +1.7% | 17.4% | |
 IDXX | $4.3B | +13.1% | +9.7% | 31.6% | |
 EW | $6.1B | +11.2% | +6.7% | 27.0% |
ALC Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $10.40B | +4.9% | $5.75B | 55.2% | $1.36B | 13.1% |
| 2024 | $9.91B | +4.8% | $5.51B | 55.6% | $1.41B | 14.3% |
| 2023 | $9.46B | +8.5% | $5.25B | 55.5% | $1.04B | 11.0% |
| 2022 | $8.72B | +5.1% | $4.75B | 54.5% | $672.0M | 7.7% |
| 2021 | $8.29B | +21.3% | $4.65B | 56.1% | $580.0M | 7.0% |
| 2020 | $6.83B | -9.0% | $2.94B | 43.0% | $-482,000,000 | -7.1% |
| 2019 | $7.51B | +5.0% | $3.66B | 48.8% | $-187,000,000 | -2.5% |
| 2018 | $7.15B | +5.3% | $3.19B | 44.6% | $-248,000,000 | -3.5% |
| 2017 | $6.79B | +3.0% | $3.20B | 47.2% | $-77,000,000 | -1.1% |
| 2016 | $6.60B | +1.2% | $3.11B | 47.2% | $10.0M | 0.2% |
| 2015 | $6.52B | - | $3.12B | 47.9% | $401.1M | 6.2% |
Full Stock Analysis
Deep dive into ALC consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
11+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
ALC — Frequently Asked Questions
Quick answers to the most common questions about buying ALC stock.
Is ALC's revenue growth accelerating or slowing?
ALC revenue growth is holding steady at +7.3% year-over-year. TTM revenue is $10.6B. The current growth rate closely tracks the 5-year CAGR of +8.8%, signalling consistent execution.
What is ALC's revenue history from 2015 to 2026?
Alcon Inc. (ALC) revenue history spans 2015 to 2026. TTM revenue as of 2026 is $10.6B, growing at +7.3% YoY. The 5-year CAGR is +8.8%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is ALC's long-term revenue growth rate (CAGR)?
Alcon Inc.'s 5-year revenue CAGR of +8.8% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +7.3% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for ALC.
Why does ALC's quarterly revenue fluctuate?
ALC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Alcon Inc.'s revenue data from 2015 to 2026 shows full historical quarterly detail on this page.
How is ALC's revenue distributed by segment?
ALC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does ALC's revenue compare to industry peers?
Alcon Inc. (ALC) with TTM revenue of $10.6B and +7.3% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.