Viatris Inc. (VTRS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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VTRS Revenue Growth
Revenue Breakdown (FY 2025)
VTRS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
VTRS Revenue Analysis (2014–2025)
As of May 8, 2026, Viatris Inc. (VTRS) generated trailing twelve-month (TTM) revenue of $14.56 billion, reflecting solid growth of +8.1% year-over-year. The most recent quarter (Q1 2026) recorded $3.52 billion in revenue, down 5.0% sequentially.
Looking at the longer-term picture, VTRS's 5-year compound annual growth rate (CAGR) stands at +3.7%, indicating moderate growth over time. The company achieved its highest annual revenue of $17.89 billion in 2021.
Revenue diversification analysis shows VTRS's business is primarily driven by Brands (64%), and Generics (36%). With over half of revenue concentrated in Brands, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including TEVA (+4.4% YoY), AMRX (+8.0% YoY), and PRGO (-3.6% YoY), VTRS has outperformed the peer group in terms of revenue growth. Compare VTRS vs TEVA →
VTRS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VTRSCurrent | $14.6B | +8.1% | +3.7% | -18.6% | |
 TEVA | $17.3B | +4.4% | +0.7% | 12.5% | |
 AMRX | $3.0B | +8.0% | +8.7% | -0.2% | |
 PRGO | $4.3B | -3.6% | +0.8% | 8.1% | |
 PFE | $62.6B | +1.4% | +8.5% | 24.7% | |
 MRK | $64.9B | +1.2% | +9.4% | 36.2% |
VTRS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $14.30B | -3.0% | $5.01B | 35.1% | $-2,663,100,000 | -18.6% |
| 2024 | $14.74B | -4.5% | $5.62B | 38.2% | $10.1M | 0.1% |
| 2023 | $15.43B | -5.1% | $6.44B | 41.7% | $766.2M | 5.0% |
| 2022 | $16.26B | -9.1% | $6.50B | 40.0% | $1.61B | 9.9% |
| 2021 | $17.89B | +49.7% | $5.58B | 31.2% | $-34,000,000 | -0.2% |
| 2020 | $11.95B | +3.9% | $3.80B | 31.8% | $-210,800,000 | -1.8% |
| 2019 | $11.50B | +0.6% | $3.90B | 33.9% | $715.5M | 6.2% |
| 2018 | $11.43B | -4.0% | $4.00B | 35.0% | $905.6M | 7.9% |
| 2017 | $11.91B | +7.5% | $4.78B | 40.2% | $1.44B | 12.1% |
| 2016 | $11.08B | +17.5% | $4.70B | 42.4% | $699.2M | 6.3% |
Full VTRS Stock Analysis
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Start ComparisonVTRS — Frequently Asked Questions
Quick answers to the most common questions about buying VTRS stock.
Is VTRS's revenue growth accelerating or slowing?
VTRS maintains +8.1% revenue growth, in line with its 5-year CAGR of +3.7%. TTM revenue stands at $14.6B. Growth rate remains consistent with historical average.
What is VTRS's long-term revenue growth rate?
Viatris Inc.'s 5-year revenue CAGR of +3.7% reflects the sustained expansion pattern. Current YoY growth of +8.1% is near this long-term average.
How is VTRS's revenue distributed by segment?
VTRS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.