๐น Revenue: $15.56B (Est. $14.67B) ๐ข; UP +38% YoY
๐น Adjusted EPS: $6.31 (Est. $5.59) ๐ข; UP +61% YoY
Product Revenue
๐น Zepbound: $3.38B (Est. $3.07B) ๐ข; UP +172% YoY
๐น Mounjaro: $5.20B; UP +68% YoY
๐น Verzenio: $1.49B; UP +12% YoY
FY25 Guidance (Updated)
๐น Revenue: $60.0Bโ$62.0B (Est. $60.09B) ๐ข
๐น Adj. EPS: $21.75โ$23.00 (Est. $21.98) ๐ข
๐น GAAP EPS: $20.85โ$22.10
๐น Performance Margin (Non-GAAP): 43.0%โ44.5%
๐น Tax Rate (Reported): 19% | (Non-GAAP): ~17%
CEO Commentary:
๐ธ โLilly delivered another quarter of strong performance, achieving 38% YoY revenue growth driven by robust sales of Zepbound and Mounjaro.โ
๐ธ โOur pipeline continued to advance, with positive data in oncology and cardiometabolic health.โ
๐ธ โWe expanded manufacturing capacity and continued to invest in R&D to support long-term growth.โ
Strategic & Pipeline Highlights:
๐ธ Mounjaro showed cardiovascular protection in landmark CVOT trial
๐ธ Orforglipron (oral GLP-1) showed weight loss up to 27.3 lbs in pivotal trials
๐ธ Jaypirca beat Imbruvica in CLL/SLL Phase 3 H2H trial
๐ธ Zepbound showed superior weight loss over Wegovy in SURMOUNT-5
๐ธ Kisunla (Alzheimerโs) approved in Australia & received CHMP positive opinion
๐ธ Acquisitions: SiteOne Therapeutics, Verve Therapeutics
๐ธ Expanded Purdue collaboration with up to $250M investment