Viatris Inc. (VTRS) quarterly income statement — complete revenue, gross profit & net income history
Viatris Inc. (VTRS) annual income statement — 22-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 3.75B | 3.76B | 3.52B | 3.7B | 3.76B | 3.58B | 3.25B | 3.53B | 3.75B | 3.8B | 3.66B | 3.84B | 3.94B | 3.92B | 3.73B | 3.88B | 4.08B | 4.12B | 4.19B | 4.34B |
| Revenue Growth % | -0.28% | 4.88% | 8.07% | 4.97% | 0.23% | -5.65% | -11.17% | -8.06% | -4.84% | -3.11% | -1.76% | -1% | -3.34% | -4.81% | -11.04% | -10.72% | -10.1% | -10.07% | -5.39% | 19.82% |
| Cost of Goods Sold | 2.31B | 2.3B | 2.36B | 2.57B | 2.38B | 2.25B | 2.09B | 2.31B | 2.29B | 2.35B | 2.16B | 2.24B | 2.25B | 2.31B | 2.19B | 2.6B | 2.33B | 2.41B | 2.42B | 2.8B |
| COGS % of Revenue | 61.65% | 61.23% | 67.1% | 69.37% | 63.17% | 62.79% | 64.32% | 65.56% | 61.1% | 61.93% | 58.95% | 58.4% | 57.09% | 58.95% | 58.64% | 67.13% | 57.13% | 58.63% | 57.75% | 64.38% |
| Gross Profit | 1.44B | 1.46B | 1.16B | 1.13B | 1.38B | 1.33B | 1.16B | 1.22B | 1.46B | 1.45B | 1.5B | 1.6B | 1.69B | 1.61B | 1.54B | 1.27B | 1.75B | 1.7B | 1.77B | 1.55B |
| Gross Margin % | 38.35% | 38.77% | 32.9% | 30.63% | 36.83% | 37.21% | 35.68% | 34.44% | 38.9% | 38.07% | 41.05% | 41.6% | 42.91% | 41.05% | 41.36% | 32.87% | 42.87% | 41.37% | 42.25% | 35.62% |
| Gross Profit Growth % | 3.83% | 9.27% | -0.34% | -6.63% | -5.09% | -7.78% | -22.79% | -23.9% | -13.72% | -10.15% | -2.48% | 25.3% | -3.27% | -5.56% | -12.93% | -17.61% | 11.07% | 28.29% | 57.12% | 118.91% |
| Operating Expenses | 1.18B | 1.45B | 1.24B | 1.4B | 1.13B | 1.1B | 4.04B | 1.39B | 1.23B | 1.69B | 1.3B | 2.05B | 1.24B | 1.24B | 1.14B | 1.48B | 1.19B | 1.15B | 1.06B | 1.62B |
| OpEx % of Revenue | 31.38% | 38.6% | 35.17% | 37.8% | 30.14% | 30.71% | 124.25% | 39.53% | 32.88% | 44.39% | 35.49% | 53.45% | 31.45% | 31.63% | 30.63% | 38.06% | 29.14% | 28.05% | 25.38% | 37.41% |
| Selling, General & Admin | 950.8M | 1.13B | 928.8M | 1.03B | 882.9M | 928.7M | 948.1M | 1.05B | 1B | 1.04B | 1.02B | 1.61B | 1.05B | 1.03B | 958.9M | 1.27B | 1.02B | 981.1M | 915.3M | 1.08B |
| SG&A % of Revenue | 25.36% | 30.2% | 26.41% | 27.83% | 23.48% | 25.93% | 29.13% | 29.67% | 26.75% | 27.31% | 27.77% | 41.85% | 26.73% | 26.33% | 25.71% | 32.65% | 24.94% | 23.83% | 21.84% | 24.94% |
| Research & Development | 231.7M | 248.3M | 248.6M | 274.7M | 250.4M | 218.8M | 222M | 206.5M | 198.4M | 204.1M | 199.7M | 202.8M | 211.2M | 208.3M | 182.9M | 182.4M | 174.9M | 162.6M | 142.3M | 267.2M |
| R&D % of Revenue | 6.18% | 6.61% | 7.07% | 7.42% | 6.66% | 6.11% | 6.82% | 5.85% | 5.29% | 5.38% | 5.45% | 5.29% | 5.36% | 5.32% | 4.9% | 4.71% | 4.29% | 3.95% | 3.39% | 6.15% |
| Other Operating Expenses | -1000K | 1000K | 1000K | 1000K | 0 | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -800K | 600K | 1000K | -1000K | 1000K | 1000K | 1000K |
| Operating Income | 261.5M | 6.3M | -79.7M | -265.5M | 251.6M | 233M | -2.88B | -179.8M | 225.9M | -239.9M | 203.9M | -454.5M | 451.7M | 369.2M | 399.8M | -201.3M | 560.1M | 548.7M | 707.4M | -77.6M |
| Operating Margin % | 6.97% | 0.17% | -2.27% | -7.17% | 6.69% | 6.5% | -88.57% | -5.1% | 6.02% | -6.32% | 5.57% | -11.84% | 11.46% | 9.42% | 10.72% | -5.19% | 13.73% | 13.33% | 16.88% | -1.79% |
| Operating Income Growth % | 3.93% | -97.3% | 97.23% | -47.66% | 11.38% | 197.12% | -1513.54% | 60.44% | -49.99% | -164.98% | -49% | -125.78% | -19.35% | -32.71% | -43.48% | -159.41% | 56.63% | 1247.91% | 365.74% | 91.19% |
| EBITDA | 958.7M | 678.6M | 596.4M | 501.3M | 940.1M | 911.3M | -2.22B | 566.4M | 895.6M | 546.4M | 894.9M | 189.9M | 1.13B | 1.06B | 1.13B | 668.5M | 1.26B | 1.27B | 1.44B | 672.2M |
| EBITDA Margin % | 25.57% | 18.06% | 16.96% | 13.54% | 25% | 25.44% | -68.14% | 16.05% | 23.88% | 14.39% | 24.43% | 4.95% | 28.69% | 26.95% | 30.3% | 17.25% | 30.89% | 30.87% | 34.43% | 15.48% |
| EBITDA Growth % | 1.98% | -25.54% | 126.9% | -11.49% | 4.97% | 66.78% | -347.79% | 198.26% | -20.82% | -48.25% | -20.79% | -71.59% | -10.2% | -16.92% | -21.73% | -0.55% | -8.37% | 0.13% | 24.83% | 833.61% |
| D&A (Non-Cash Add-back) | 697.2M | 672.3M | 676.1M | 766.8M | 688.5M | 678.3M | 664.7M | 746.2M | 669.7M | 786.3M | 691M | 644.4M | 679.4M | 686.7M | 730M | 869.8M | 699.5M | 722.3M | 736M | 749.8M |
| EBIT | 240.3M | 56.7M | -32.2M | -223.4M | 111.7M | -100.5M | -2.98B | -406.3M | 236.1M | -246M | 343M | -714.1M | 543.7M | 476.7M | 469.7M | 1.62B | 580.7M | 535.2M | 673.7M | -55.7M |
| Net Interest Income | -112.4M | -120.7M | -120.1M | -119.6M | -119.6M | -116.6M | -115.5M | -120.2M | -145.6M | -145.8M | -138.4M | -140.9M | -141.5M | -143.7M | -147M | -147.1M | -153.2M | -145.9M | -146.2M | -148.2M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 112.4M | 120.7M | 120.1M | 119.6M | 119.6M | 116.6M | 115.5M | 120.2M | 145.6M | 145.8M | 138.4M | 140.9M | 141.5M | 143.7M | 147M | 147.1M | 153.2M | 145.9M | 146.2M | 148.2M |
| Other Income/Expense | -133.6M | -70.3M | -167.6M | -77.5M | -259.5M | -450.1M | -214.8M | -346.7M | -135.4M | -151.9M | 700K | -400.5M | -49.5M | -36.2M | -77.1M | 1.67B | -132.6M | -159.4M | -179.9M | -126.3M |
| Pretax Income | 127.9M | -64M | -247.3M | -343M | -7.9M | -217.1M | -3.1B | -526.5M | 90.5M | -391.8M | 204.6M | -855M | 402.2M | 333M | 322.7M | 1.47B | 427.5M | 389.3M | 527.5M | -203.9M |
| Pretax Margin % | 3.41% | -1.7% | -7.03% | -9.26% | -0.21% | -6.06% | -95.17% | -14.92% | 2.41% | -10.32% | 5.58% | -22.28% | 10.2% | 8.5% | 8.65% | 37.9% | 10.48% | 9.46% | 12.58% | -4.7% |
| Income Tax | 453.2M | 54.8M | -423.7M | -2.9M | 120.3M | -212.5M | -55M | -10M | -4.3M | -65.4M | 90.7M | -89.4M | 70.6M | 69M | 98M | 457.7M | 73.2M | 75.4M | 128.3M | 59.9M |
| Effective Tax Rate % | 354.34% | -85.63% | 171.33% | 0.85% | -1522.78% | 97.88% | 1.78% | 1.9% | -4.75% | 16.69% | 44.33% | 10.46% | 17.55% | 20.72% | 30.37% | 31.16% | 17.12% | 19.37% | 24.32% | -29.38% |
| Net Income | -325.3M | -118.8M | 176.4M | -340.1M | -128.2M | -4.6M | -3.04B | -516.5M | 94.8M | -326.4M | 113.9M | -765.6M | 331.6M | 264M | 224.7M | 1.01B | 354.3M | 313.9M | 399.2M | -263.8M |
| Net Margin % | -8.68% | -3.16% | 5.02% | -9.18% | -3.41% | -0.13% | -93.48% | -14.64% | 2.53% | -8.6% | 3.11% | -19.95% | 8.41% | 6.74% | 6.03% | 26.09% | 8.69% | 7.62% | 9.52% | -6.08% |
| Net Income Growth % | -153.74% | -2482.61% | 105.8% | 34.15% | -235.23% | 98.59% | -2770.76% | 32.54% | -71.41% | -223.64% | -49.31% | -175.71% | -6.41% | -15.9% | -43.71% | 483.32% | 13.74% | 212.43% | 138.47% | 71.19% |
| Net Income (Continuing) | -325.3M | -118.8M | 176.4M | -340.1M | -128.2M | -4.6M | -3.04B | -516.5M | 94.8M | -326.4M | 113.9M | -765.6M | 331.6M | 264M | 224.7M | 1.01B | 354.3M | 313.9M | 399.2M | -263.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.28 | -0.10 | 0.15 | -0.30 | -0.11 | -0.00 | -2.55 | -0.43 | 0.08 | -0.27 | 0.09 | -0.64 | 0.27 | 0.22 | 0.19 | 0.83 | 0.29 | 0.26 | 0.33 | -0.22 |
| EPS Growth % | -154.55% | - | 105.88% | 30.23% | -239.24% | 98.56% | -2807.01% | 32.81% | -70.74% | -222.73% | -50.42% | -177.11% | -6.9% | -15.38% | -42.42% | 477.27% | 11.54% | 213.04% | 138.37% | 79.44% |
| EPS (Basic) | -0.28 | -0.10 | 0.15 | -0.30 | -0.11 | -0.00 | -2.55 | -0.43 | 0.08 | -0.27 | 0.10 | -0.64 | 0.28 | 0.22 | 0.19 | 0.83 | 0.29 | 0.26 | 0.33 | -0.22 |
| Diluted Shares Outstanding | 1.15B | 1.16B | 1.18B | 1.15B | 1.16B | 1.17B | 1.19B | 1.19B | 1.2B | 1.19B | 1.21B | 1.2B | 1.21B | 1.2B | 1.21B | 1.22B | 1.22B | 1.22B | 1.21B | 1.21B |
| Basic Shares Outstanding | 1.15B | 1.16B | 1.16B | 1.15B | 1.16B | 1.17B | 1.19B | 1.19B | 1.19B | 1.19B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.22B | 1.22B | 1.21B | 1.21B | 1.2B |
| Dividend Payout Ratio | - | - | 79.14% | - | - | - | - | - | 151.05% | - | 125.37% | - | 43.4% | 54.51% | 64% | 14.39% | 41.07% | 46.35% | 36.35% | - |