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ELI LILLY & Co Q1 FY26 Results

LLYQ1 FY26 Results
Filing
MetricValue ($ M)Q1 FY25
Revenue19.8K55.5%
Total Income19.8K55.5%
Expenditure10.9K18.1%
PBT8.8K156.1%
Net Profit7.4K168.0%
OPM
NPM37.35%15.68pp
EPS8.27169.4%
View full financials

Eli Lilly Reports Q1 2026 Revenue Up 56% to $19.8 Billion

03 May 2026 · 3 May, 6:03 pm

Summary

Eli Lilly and Company reported a strong start to 2026, with Q1 revenue increasing by 56% to $19.8 billion. This growth was primarily driven by volume increases, although partially offset by lower realized prices. The company's EPS also saw significant growth, with a 170% increase on a reported basis. Due to the strong Q1 performance, Lilly raised its full-year revenue guidance to a range of $82.0 billion to $85.0 billion.

Key Highlights

  1. 1

    Eli Lilly's revenue in Q1 2026 increased by 56% to $19.8 billion, primarily driven by volume growth.

  2. 2

    Q1 2026 EPS increased by 170% to $8.26 on a reported basis and increased by 156% to $8.55 on a non-GAAP basis.

  3. 3

    The company increased its 2026 full-year revenue guidance to be in the range of $82.0 billion to $85.0 billion.

  4. 4

    Mounjaro revenue increased 125% to $8.7 billion worldwide in Q1 2026.

  5. 5

    U.S. Zepbound revenue increased 79% to $4.1 billion in Q1 2026.

  6. 6

    The U.S. FDA approved Foundayo (orforglipron) for adults with obesity, or overweight with weight-related medical problems.

Management Comments

D

David A. Ricks

"2026 is off to a strong start, we delivered 56% revenue growth in the first quarter and raised our full-year revenue guidance by $2 billion," said David A. Ricks, Lilly chair and CEO. “A key milestone was the U.S. FDA approval of Foundayo—the only approved GLP-1 pill that can be taken any time of day, without food and water restrictions. Foundayo will meaningfully expand the number of people who can benefit from GLP-1s. We also delivered pipeline progress across all four therapeutic areas and continued investing in Lilly's future growth through four acquisitions.”

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