Bristol Myers Squibb raises 2026 revenue outlook after third-quarter growth
Filed with the SEC on · Summarized by InvestorsBot
Bristol Myers Squibb reported third-quarter 2026 revenue of $13.1 billion, up 7% year over year, while Growth Portfolio revenue rose 12% to $7.7 billion; GAAP EPS was $1.05 and non-GAAP EPS was $1.35, including a $0.58 per-share impact from acquired IPRD charges and licensing income. The company raised its 2026 revenue guidance to $49.75 billion-$50.25 billion from $49.0 billion-$50.0 billion, but lowered non-GAAP EPS guidance to $6.35-$6.55 from $6.75-$7.00, reflecting a projected $0.60 per-share impact from those charges.