VTRS · 8-K · 20260806PR000037

Gross Margin Drivers

Viatris Inc · 2026-08-06 · Importance 31 · Surprise 32

Second-quarter U.S. GAAP gross profit increased 9% to $1,456.5 million from $1,332.9 million, and U.S. GAAP gross margin expanded to 38.8% from 37.2%. Adjusted gross profit increased 6% to $2,158.9 million, while adjusted gross margin rose to 57.5% from 56.6%. Six-month U.S. GAAP gross margin declined to 35.9% from 36.5%, while adjusted gross margin improved to 56.8% from 56.3%.

Key facts

• U.S. GAAP gross profit for Q2 2026: $1,456.5 million and U.S. GAAP gross margin: 38.8% source
• Adjusted gross profit for Q2 2026: $2,158.9 million and adjusted gross margin: 57.5% source
• U.S. GAAP cost of sales for Q2 2026: $2,300.3 million and adjusted cost of sales for Q2 2026: $1,597.9 million source