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
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 54% | 38% | — |
| Gross margin | 57% | 44% | — |
| EPS | $5.58 billion | $5.66 billion | — |
Guidance · company-stated
Direction: Raised
“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 .”
“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.”
“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.”
“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.”
“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.”
“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.
Margin
Company-stated claims
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, 2026Event 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
Earnings deck slides
0 decks with slide viewLilly (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- Q2 2026
- 8-KLLY
Oct 29, 2026
- 10-QLLY
Oct 29, 2026
- 10-QLLY
Aug 5, 2026
- 8-KLLY
Aug 5, 2026
- Q1 2026
- 8-KLLY
May 20, 2026
- 8-KLLY
May 7, 2026
- 10-QLLY
Apr 30, 2026
- 8-KLLY
Apr 30, 2026
- Q4 2025
- 10-KLLY
Feb 12, 2026
- 8-KLLY
Feb 4, 2026
- Q3 2025
- 8-KLLY
Nov 21, 2025
- 10-QLLY
Oct 30, 2025
- 8-KLLY
Oct 30, 2025
- Q2 2025
- 8-KLLY
Aug 20, 2025
- 10-QLLY
Aug 7, 2025
- 8-KLLY
Aug 7, 2025
- Q1 2025
- 8-KLLY
May 8, 2025
- 10-QLLY
May 1, 2025
- 8-KLLY
May 1, 2025
- Q4 2024
- 10-KLLY
Feb 19, 2025
- 8-KLLY
Feb 12, 2025
- 8-KLLY
Feb 6, 2025
- 8-KLLY
Jan 14, 2025
- EX-99LLY
Jan 14, 2025
- Q3 2024
- 8-KLLY
Nov 19, 2024
- 10-QLLY
Oct 30, 2024
- 8-KLLY
Oct 30, 2024
- Q2 2024
- 8-KLLY
Sep 9, 2024
- 8-KLLY
Aug 16, 2024
- 8-KLLY
Aug 14, 2024
- 10-QLLY
Aug 8, 2024
- 8-KLLY
Aug 8, 2024
- 8-KLLY
Jul 10, 2024
- Q1 2024
- 8-KLLY
Jun 5, 2024
- 8-KLLY
May 9, 2024
- 8-KLLY
Apr 30, 2024
- 10-QLLY
Apr 30, 2024
- Q4 2023
- 10-KLLY
Feb 21, 2024
- 8-KLLY
Feb 9, 2024
- 8-KLLY
Feb 6, 2024
- Q3 2023
- 8-KLLY
Nov 2, 2023
- 10-QLLY
Nov 2, 2023
- Q2 2023
- 8-KLLY
Aug 8, 2023
- 10-QLLY
Aug 8, 2023
- Q1 2023
- 8-KLLY
May 4, 2023
- 8-KLLY
Apr 27, 2023
- 10-QLLY
Apr 27, 2023
- Q4 2022
- 8-KLLY
Mar 17, 2023
- 8-KLLY
Feb 24, 2023
- 10-KLLY
Feb 22, 2023
- 8-KLLY
Feb 2, 2023
- Q3 2022
- 8-KLLY
Dec 13, 2022
- EX-99LLY
Dec 13, 2022
- 8-KLLY
Nov 1, 2022
- 10-QLLY
Nov 1, 2022
- 8-KLLY
Oct 12, 2022
- Q2 2022
- 8-KLLY
Aug 4, 2022
- 10-QLLY
Aug 4, 2022
- Q1 2022
- 8-KLLY
May 6, 2022
- 8-KLLY
May 4, 2022
- 10-QLLY
Apr 29, 2022
- 8-KLLY
Apr 28, 2022
- 8-KLLY
Apr 14, 2022
- Q4 2021
- 10-KLLY
Feb 23, 2022
Earnings releases
21 documents- Q2 2026
- EX-99LLY
Oct 29, 2026
- EX-99LLY
Aug 5, 2026
- Q1 2026
- EX-99LLY
Apr 30, 2026
- Q4 2025
- EX-99LLY
Feb 4, 2026
- Q3 2025
- EX-99LLY
Oct 30, 2025
- Q2 2025
- EX-99LLY
Aug 7, 2025
- Q1 2025
- EX-99LLY
May 1, 2025
- Q4 2024
- EX-99LLY
Feb 6, 2025
- Q3 2024
- EX-99LLY
Oct 30, 2024
- Q2 2024
- EX-99LLY
Aug 16, 2024
- EX-99LLY
Aug 8, 2024
- Q1 2024
- EX-99LLY
Jun 5, 2024
- EX-99LLY
Apr 30, 2024
- Q4 2023
- EX-99LLY
Feb 6, 2024
- Q3 2023
- EX-99LLY
Nov 2, 2023
- Q2 2023
- EX-99LLY
Aug 8, 2023
- Q1 2023
- EX-99LLY
Apr 27, 2023
- Q4 2022
- EX-99LLY
Feb 2, 2023
- Q3 2022
- EX-99LLY
Nov 1, 2022
- Q2 2022
- EX-99LLY
Aug 4, 2022
- Q1 2022
- EX-99LLY
Apr 28, 2022
Presentations
1 document- Q2 2026
- LLYDeck

Oct 20, 2026
Transcripts
0 documentsNo transcripts for Lilly (Eli) are held in this edition of the library.
Mentioned by
2 companiesOther 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.
“ue Growth (Most Recent Quarter) 80% 70% RULE OF 160 FRONTIER 60% CVX 82% 300750 72% LLY 106% APH… …architecture keeps you sovereign, so your institution can own, protect, and compound its alpha. SOVEREIGN AI OS → Run AI wherever sovereignty ”
“ue Growth (Most Recent Quarter) 80% 70% RULE OF 160 FRONTIER 60% CVX 82% 300750 72% LLY 106% APH… …architecture keeps you sovereign, so your institution can own, protect, and compound its alpha. SOVEREIGN AI OS → Run AI wherever sovereignty ”
See also the earnings calendar for every tracked company’s next earnings date.