Inferra AI / Company / LLY

Lilly (Eli)

LLY · Health Care

Last earnings Oct 29, 2026

Key results

Revenuequarter

54%

Lilly delivered another strong quarter, with 54% revenue growth year-over-year driven by continued demand for our incretin portfolio, said David A.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Third-Quarter Reported Results In Q3 2025, worldwide revenue was $17.60 billion, an increase of 54% compared with Q3 2024, driven by a 62% increase in volume, partially offset by a 10% decrease due to lower realized prices.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Key Products 1 revenue grew to $11.98 billion in Q3 2025, led by Mounjaro and Zepbound.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Revenue included a $200.0 million sales-based milestone payment for Jardiance and $180.0 million of revenue associated with the divestiture of the rights to Cialis in select markets outside of the U.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Gross marginquarter

57%

2 Gross margin increased 57% to $14.59 billion in Q3 2025.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Gross margin as a percent of revenue was 82.9%, an increase of 1.9 percentage points.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

EPSquarter

$5.58 billion

In Q3 2025, net income and earnings per share (EPS) were $5.58 billion and $6.21, respectively, compared with net income of $970.3 million and EPS of $1.07 in Q3 2024.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Third-Quarter Non-GAAP Measures On a non-GAAP basis, Q3 2025 gross margin increased 56% to $14.71 billion.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

AI analysis

Q3 2025 · reported Oct 30, 2025

Based on: Earnings release + parent 8-K — transcript not held

Gross margin · Q3 2025
57%
EX-99 · Oct 30, 2025
EPS · Q3 2025
$5.58B
-1.4% vs prior quarter computed from stated figures
EX-99 · Oct 30, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Revenue54%38%—
Gross margin57%44%—
EPS$5.58 billion$5.66 billion—

EX-99 · Oct 30, 2025

Guidance · company-stated

Direction: Raised

Revenue$17.60 billion

“com (317) 617-0983 (Investors) Lilly reports third-quarter 2025 financial results, highlights R D pipeline momentum and raises 2025 guidance Revenue in Q3 2025 increased 54% to $17.60 billion driven by volume growth from Mounjaro and Zepbound .”

Revenue

“Increased our 2025 full-year revenue guidance to be in the range of $63.0 billion to $63.5 billion reported EPS guidance raised to be in the range of $21.80 to $22.50 and non-GAAP EPS guidance raised to be in the range of $23.00 to $23.70.”

Revenue

“7 2025 Financial Guidance The company has increased full-year revenue guidance to be in the range of $63.0 billion to $63.5 billion, primarily driven by strong underlying business performance across the portfolio and foreign exchange rates.”

EPS

“Based on these changes, EPS guidance has been increased to be in the range of $21.80 to $22.50 on a reported basis and $23.00 to $23.70 on a non-GAAP basis.”

Revenue

“8 The following table summarizes the company's updated 2025 financial guidance Prior Updated (1) (2) (3) Revenue $60.0 to $62.0 billion $63.0 to $63.5 billion Performance Margin (4) (reported) 42.0% to 43.5% 43.5% to 44.5% (non-GAAP) 43.0% to 44.5% 45.0% to 46.0% Other Income (Expense) (reported) ($750) to ($650) million ($700) to ($600) million Other Income (Expense) (non-GAAP) ($700) to ($600) million Unchanged Tax Rate (reported) Approx.”

EPS

“17% Unchanged Earnings per Share (reported) $20.85 to $22.10 $21.80 to $22.50 Earnings per Share (non-GAAP) $21.75 to $23.00 $23.00 to $23.70 (1) Non-GAAP guidance reflects adjustments presented in the earnings per share reconciliation table above.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin57%

Company-stated claims

Oct 29, 2026

Historical · grew 100% · revenue

“Key Products revenue in the Immunology, Oncology, and Neuroscience therapeutic areas grew 100% in Q3 2026 compared to Q3 2025.”

EX-99 · Oct 29, 2026
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Pipeline progress included positive results in four Phase 3 trials of orforglipron, across type 2 diabetes and obesity, with plans to submit to global regulatory authorities by the end of the year for the treatment of obesity

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “com (317) 617-0983 (Investors) Lilly reports third-quarter 2025 financial results, highlights R D pipeline momentum and raises 2025 guidance Revenue in Q3 2025 increased 54% to $17.60 billion driven by volume growth from Mounjaro and Zepbound .”

Revenue: “Increased our 2025 full-year revenue guidance to be in the range of $63.0 billion to $63.5 billion reported EPS guidance raised to be in the range of $21.80 to $22.50 and non-GAAP EPS guidance raised to be in the range of $23.00 to $23.70.”

Revenue: “7 2025 Financial Guidance The company has increased full-year revenue guidance to be in the range of $63.0 billion to $63.5 billion, primarily driven by strong underlying business performance across the portfolio and foreign exchange rates.”

EPS: “Based on these changes, EPS guidance has been increased to be in the range of $21.80 to $22.50 on a reported basis and $23.00 to $23.70 on a non-GAAP basis.”

Revenue: “8 The following table summarizes the company's updated 2025 financial guidance Prior Updated (1) (2) (3) Revenue $60.0 to $62.0 billion $63.0 to $63.5 billion Performance Margin (4) (reported) 42.0% to 43.5% 43.5% to 44.5% (non-GAAP) 43.0% to 44.5% 45.0% to 46.0% Other Income (Expense) (reported) ($750) to ($650) million ($700) to ($600) million Other Income (Expense) (non-GAAP) ($700) to ($600) million Unchanged Tax Rate (reported) Approx.”

EPS: “17% Unchanged Earnings per Share (reported) $20.85 to $22.10 $21.80 to $22.50 Earnings per Share (non-GAAP) $21.75 to $23.00 $23.00 to $23.70 (1) Non-GAAP guidance reflects adjustments presented in the earnings per share reconciliation table above.”

Revenue — Raised (“raises”)
“com (317) 617-0983 (Investors) Lilly reports third-quarter 2025 financial results, highlights R D pipeline momentum and raises 2025 guidance Revenue in Q3 2025 increased 54% to $17.60 billion driven by volume growth from Mounjaro and Zepbound .”

Revenue — Raised (“Increased”)
“Increased our 2025 full-year revenue guidance to be in the range of $63.0 billion to $63.5 billion reported EPS guidance raised to be in the range of $21.80 to $22.50 and non-GAAP EPS guidance raised to be in the range of $23.00 to $23.70.”

Revenue — Raised (“increased”)
“7 2025 Financial Guidance The company has increased full-year revenue guidance to be in the range of $63.0 billion to $63.5 billion, primarily driven by strong underlying business performance across the portfolio and foreign exchange rates.”

Revenue — Raised (“increase”)
“Both ratios reflect the increase in revenue guidance.”

EPS — Raised (“increased”)
“Based on these changes, EPS guidance has been increased to be in the range of $21.80 to $22.50 on a reported basis and $23.00 to $23.70 on a non-GAAP basis.”

Revenue — Reiterated (“Unchanged”)
“8 The following table summarizes the company's updated 2025 financial guidance Prior Updated (1) (2) (3) Revenue $60.0 to $62.0 billion $63.0 to $63.5 billion Performance Margin (4) (reported) 42.0% to 43.5% 43.5% to 44.5% (non-GAAP) 43.0% to 44.5% 45.0% to 46.0% Other Income (Expense) (reported) ($750) to ($650) million ($700) to ($600) million Other Income (Expense) (non-GAAP) ($700) to ($600) million Unchanged Tax Rate (reported) Approx.”

EPS — Reiterated (“Unchanged”)
“17% Unchanged Earnings per Share (reported) $20.85 to $22.10 $21.80 to $22.50 Earnings per Share (non-GAAP) $21.75 to $23.00 $23.00 to $23.70 (1) Non-GAAP guidance reflects adjustments presented in the earnings per share reconciliation table above.”

Classified from the release's primary full-year outlook statement.

Strategy & priorities

Manufacturing progress included announcements of two new facilities in Virginia and Texas, and the expansion of Lilly's existing Puerto Rico site.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

We continue to increase manufacturing capacity, announcing new facilities in Virginia and Texas and an expansion of our site in Puerto Rico.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Risks & headwinds

Asset impairment, restructuring and other special charges of $364.9 million in Q3 2025 were primarily related to a litigation charge, as well as acquisition and integration costs associated with the closing of our acquisition of Verve Therapeutics, Inc.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

(3) This guidance is based on the existing tariff and trade environment as of October 30, 2025, and does not reflect any policy shifts, including pharmaceutical sector tariffs, that could impact business.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges redefining diabetes care treating obesity and curtailing its most devastating long-term effects advancing the fight against Alzheimer's disease providing solutions to some of the most debilitating immune system disorders and transforming the most difficult-to-treat cancers into manageable diseases.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

For the three and nine months ended September 30, 2025, excludes litigation charges, as well as acquisition and integration costs associated with the closing of our acquisition of Verve Therapeutics, Inc.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

For the nine months ended September 30, 2024, excluded charges related to litigation and impairment of an intangible asset associated with a molecule in development.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

What changed vs prior quarter

Guidance direction — prior quarter: Raised; this quarter: Raised

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Gross margin — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Lilly (Eli) — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Documents

Earnings deck slides

0 decks with slide view

Lilly (Eli) — Q2 2026 Earnings Call Slides (Q2 2026) — Slide view unavailable — the original PDF could not be retrieved for segmentation (HTTP Error 403: Forbidden).

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

64 documents

Earnings releases

21 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Lilly (Eli) are held in this edition of the library.

Mentioned by

2 companies

Other tracked companies whose held documents mention Lilly (Eli) by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.