PFE · 10-Q · 2026Q2 · Full report

Revenue Performance and Mix

PFIZER INC · 2026-08-04 · Importance 48 · Surprise 32 · No source text

First-six-month 2026 revenue increased 4% to $29.5 billion, with operational growth of 2%; excluding Comirnaty and Paxlovid, revenue increased 6% operationally. Growth was led by Eliquis, Padcev, the Vyndaqel family, Lorbrena, Nurtec ODT/Vydura and oncology biosimilars, while COVID-19 products declined. Eliquis revenue increased 14% operationally year to date to $4.6 billion, driven by higher global demand and U.S. pricing and channel-mix factors. Vyndaqel revenue increased 6% operationally to $3.4 billion, supported by U.S. market expansion, increased diagnosis internationally and improved access in certain international markets.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized+7.3%Total revenues in the first six months of 2026: $29.5 billion, increased $1.1 billion or 4% from $28.4 billion in the first six months of…
revenuepositiverealized+2.8%Eliquis QTD global revenues $2,425 million, up 19% operationally, U.S. $1,651 million and International $774 million (worldwide $2,425 /…
revenuepositiverealized+2.5%Total revenues in the second quarter of 2026: $15.0 billion, increased $381 million or 3% from $14.7 billion in the second quarter of 2025.
revenuepositiverealized+2.4%Worldwide Biopharma revenue for the three months ended June 28, 2026: $14,661 million; for three months ended June 29, 2025: $14,305…
revenuepositiverealized+1.7%Comirnaty QTD global revenues $261 million, down 34% operationally; YTD $493 million, down 49% operationally.
revenuepositiverealized+1.7%Comirnaty QTD global revenues $261 million, down 34% operationally; YTD $493 million, down 49% operationally.
revenuepositiverealized+1.0%Vyndaqel family QTD global revenues $1,762 million, up 8% operationally, worldwide prior period $1,615 million.
revenuepositiverealized+0.7%Paxlovid QTD global revenues $21 million, down 95% operationally; YTD $207 million, down 78% operationally.
revenuepositiverealized+0.1%Paxlovid QTD global revenues $21 million, down 95% operationally; YTD $207 million, down 78% operationally.
revenuepositiverealizedPadcev QTD global revenues $667 million, up 23% operationally; YTD $1,258 million, up 30% operationally.