VTRS · 8-K · 20261105PR000053
Guidance / Outlook
Viatris Inc · 2026-11-05 · Importance 75 · Surprise 60 · From source text
On November 5, 2026, Viatris raised its 2026 guidance midpoints for total revenues to $14.8 billion, adjusted EBITDA to $4.5 billion, adjusted EPS to $2.60, and free cash flow excluding transaction-related and restructuring-related costs to $2.3 billion. The revised ranges are $14.7–$14.9 billion for revenue, $4.45–$4.55 billion for adjusted EBITDA, $2.56–$2.63 for adjusted EPS, and $2.225–$2.375 billion for adjusted free cash flow. Estimated 2026 U.S. GAAP net cash provided by operating activities is $2.025–$2.1 billion, and the guidance excludes any contribution from the planned Pacira acquisition.
Key facts
- Viatris estimated 2026 U.S. GAAP net cash provided by operating activities at $2.025 billion to $2.1 billion, with a midpoint of approximately $2.0625 billion. source
- Viatris raised its 2026 total revenue guidance midpoint from $14.75 billion to $14.80 billion, with a revised range of $14.70 billion to $14.90 billion. source
- Viatris raised its 2026 adjusted EBITDA guidance midpoint from $4.40 billion to $4.50 billion, with a revised range of $4.45 billion to $4.55 billion. source
- Viatris raised its 2026 free cash flow guidance, excluding transaction-related and restructuring-related costs, to a range of $2.225 billion to $2.375 billion and midpoint of $2.30 billion. source
- Viatris expects approximately $450 million in new product revenues for full-year 2026. source
- Viatris raised its 2026 adjusted EPS guidance midpoint from $2.52 to $2.60, with a revised range of $2.56 to $2.63. source
- Viatris' 2026 guidance excludes transaction-related and restructuring-related costs and acquired IPR&D for unsigned deals; it also excludes any contribution from the planned Pacira acquisition. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | committed | +2.3% | Viatris raised its 2026 adjusted EBITDA guidance midpoint from $4.40 billion to $4.50 billion, with a revised range of $4.45 billion to… |
| revenue | positive | committed | +1.1% | Viatris raised its 2026 total revenue guidance midpoint from $14.75 billion to $14.80 billion, with a revised range of $14.70 billion to… |
| cash | unclear | committed | — | Viatris estimated 2026 U.S. GAAP net cash provided by operating activities at $2.025 billion to $2.1 billion, with a midpoint of… |
| cash | positive | committed | — | Viatris raised its 2026 free cash flow guidance, excluding transaction-related and restructuring-related costs, to a range of $2.225… |
| net_income | positive | committed | — | Viatris raised its 2026 adjusted EPS guidance midpoint from $2.52 to $2.60, with a revised range of $2.56 to $2.63. |