ELI LILLY & Co (LLY) stock
Close on Oct 30, 2026Market cap $1.33TP/E 46.0Yield 0.44%
Earnings
Eli Lilly's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Eli Lilly's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 3, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 29, 2026before the open | $24.40B | +38.6% | $7.22 | $7.48 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 5, 2026before the open | $23.00B | +47.8% | $7.94 | $8.38 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 30, 2026before the open | $19.80B | +55.5% | $8.26 | $8.55 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 4, 2026before the open | $19.29B | +42.9% | $7.39 | $7.54 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 30, 2025before the open | $17.60B | +53.9% | $6.21 | $7.02 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 7, 2025before the open | $15.56B | +37.7% | – | – | Release |
| Q1 FY2025ended Mar 31, 2025 | May 1, 2025before the open | $12.73B | +45.2% | $3.06 | $3.34 | Release |
| Q4 FY2024ended Dec 31, 2024 | Jan 14, 2025before the open | $13.50B | +44.4% | – | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 30, 2024before the open | $11.44B | +20.4% | $1.07 | $1.18 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 8, 2024before the open | $11.30B | +36.0% | $3.28 | $3.92 | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 30, 2024before the open | $8.77B | +26.0% | $2.48 | $2.58 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 6, 2024before the open | $9.35B | +28.1% | $2.42 | $2.49 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 2, 2023before the open | $9.50B | +36.9% | -$0.06 | $0.10 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 8, 2023before the open | $8.31B | +28.0% | $1.95 | $2.11 | Release |
| Q1 FY2023ended Mar 31, 2023 | Apr 27, 2023before the open | $6.96B | – | $1.49 | $1.62 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 2, 2023before the open | $7.30B | -8.8% | $2.14 | $2.09 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 1, 2022before the open | $6.94B | +2.5% | $1.61 | $1.98 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 4, 2022before the open | $6.49B | – | $1.05 | $1.25 | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 14, 2022after the close | – | – | – | – | Filing |
| Q4 FY2021ended Dec 31, 2021 | Feb 3, 2022before the open | $8.00B | – | $1.90 | $2.49 | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 26, 2021before the open | $6.77B | – | $1.22 | $1.94 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 3, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 27, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Jan 29, 2021before the open | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 27, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Eli Lilly's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| RevenueGAAP | FY2026 | $91.00B – $92.00B | – | New | Oct 29, 2026 |
| RevenueGAAP | FY2026 | $85.00B – $87.00B | – | New | Aug 5, 2026 |
| Revenue | FY2026 | $82.00B – $85.00B | $80.00B – $83.00B | Raised | Apr 30, 2026 |
| Performance Marginnon-GAAP | FY2026 | 52% – 52.5% | – | New | Oct 29, 2026 |
| Earnings per Sharenon-GAAP | FY2026 | $35.00 – $36.00 | – | New | Oct 29, 2026 |
| Earnings per Sharenon-GAAP | FY2026 | $35.50 – $36.50 | $35.50 – $37.00 | Lowered | Aug 5, 2026 |
| Performance Marginnon-GAAP | FY2026 | 49% – 50.5% | 47% – 48.5% | Raised | Aug 5, 2026 |
| Tax Ratenon-GAAP | FY2026 | 19% – 20% | – | New | Oct 29, 2026 |
| Tax Ratenon-GAAP | FY2026 | 18% – 19% | 18% – 19% | Lowered | Apr 30, 2026 |
Guidance vs results
The last range Eli Lilly gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2025 | Revenue | $63.00B – $63.50B | $65.18BΣ4Q | Above range |
Guidance history
Every forecast Eli Lilly put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 29, 2026 | Earnings per Share | FY2026 | $35.00 – $36.00 | New |
| Oct 29, 2026 | Performance Margin | FY2026 | 52% – 52.5% | New |
| Oct 29, 2026 | Tax Rate | FY2026 | 19% – 20% | New |
| Oct 29, 2026 | Revenue | FY2026 | $91.00B – $92.00B | New |
| Aug 5, 2026 | Earnings per Share | FY2026 | $35.50 – $36.50 | Lowered |
| Aug 5, 2026 | Performance Margin | FY2026 | 49% – 50.5% | Raised |
| Aug 5, 2026 | Revenue | FY2026 | $85.00B – $87.00B | New |
| Apr 30, 2026 | Earnings per Share | FY2026 | $35.50 – $37.00 | Raised |
| Apr 30, 2026 | Performance Margin | FY2026 | 47% – 48.5% | Raised |
| Apr 30, 2026 | Tax Rate | FY2026 | 18% – 19% | Lowered |
| Apr 30, 2026 | Revenue | FY2026 | $82.00B – $85.00B | Raised |
| Feb 4, 2026 | Earnings per Share | FY2026 | $33.50 – $35.00 | New |
| Feb 4, 2026 | Performance Margin | FY2026 | 46% – 47.5% | New |
| Feb 4, 2026 | Tax Rate | FY2026 | 18% – 19% | Lowered |
| Feb 4, 2026 | Revenue | FY2026 | $80.00B – $83.00B | New |
| Oct 30, 2025 | EPS guidance | FY2025 | $23.00 – $23.70 | Raised |
| Oct 30, 2025 | EPS guidance | FY2025 | $21.80 – $22.50 | Raised |
| Oct 30, 2025 | performance margin | FY2025 | 45% – 46% | Raised |
| Oct 30, 2025 | performance margin | FY2025 | 43.5% – 44.5% | Raised |
| Oct 30, 2025 | full-year revenue guidance | FY2025 | $63.00B – $63.50B | Raised |
| Aug 7, 2025 | non-GAAP EPS | FY2025 | $21.75 – $23.00 | New |
| Aug 7, 2025 | reported EPS | FY2025 | $20.85 – $22.10 | New |
| Aug 7, 2025 | Performance Margin | FY2025 | 42% – 43.5% | New |
| Aug 7, 2025 | Performance Margin | FY2025 | 43% – 44.5% | New |
| Aug 7, 2025 | Other income (expense) | FY2025 | -$700.00M – -$600.00M | New |
| Aug 7, 2025 | effective tax rate | FY2025 | 19% | New |
| Aug 7, 2025 | estimated tax rate | FY2025 | 17% | New |
| Aug 7, 2025 | Other income (expense) | FY2025 | -$750.00M – -$650.00M | New |
| Aug 7, 2025 | Revenue | FY2025 | $60.00B – $62.00B | New |
| May 1, 2025 | EPS | FY2025 | $20.78 – $22.28 | New |
| May 1, 2025 | EPS | FY2025 | $20.17 – $21.67 | New |
| May 1, 2025 | performance margin | FY2025 | 40.5% – 42.5% | New |
| May 1, 2025 | performance margin | FY2025 | 41.5% – 43.5% | New |
| May 1, 2025 | effective tax rate | FY2025 | 17% | New |
| May 1, 2025 | effective tax rate | FY2025 | 17% | New |
| May 1, 2025 | Other income (expense) | FY2025 | -$850.00M – -$750.00M | New |
| May 1, 2025 | Other income (expense) | FY2025 | -$700.00M – -$600.00M | New |
| May 1, 2025 | Revenue | FY2025 | $58.00B – $61.00B | Reaffirmed |
| Jan 14, 2025 | growth | FY2025 | +32% | New |
| Jan 14, 2025 | revenue | FY2025 | $58.00B – $61.00B | New |
| Oct 30, 2024 | non-GAAP EPS guidance | FY2024 | $13.02 – $13.52 | Lowered |
| Oct 30, 2024 | reported EPS guidance | FY2024 | $12.05 – $12.55 | Lowered |
| Oct 30, 2024 | Other income (expense) (non-GAAP) | FY2024 | -$400.00M – -$300.00M | Reaffirmed |
| Oct 30, 2024 | (Gross Margin - OPEX) / Revenue (reported) | FY2024 | 36% – 38% | Raised |
| Oct 30, 2024 | Tax rate guidance (reported) | FY2024 | 17% | Lowered |
| Oct 30, 2024 | (Gross Margin - OPEX) / Revenue (non-GAAP) | FY2024 | 37% – 39% | Raised |
| Oct 30, 2024 | Tax rate guidance (non-GAAP) | FY2024 | 17% | Lowered |
| Oct 30, 2024 | Other income (expense) (reported) | FY2024 | -$425.00M – -$325.00M | Raised |
| Oct 30, 2024 | revenue guidance | FY2024 | $45.40B – $46.00B | Lowered |
| Aug 8, 2024 | EPS | FY2024 | $16.10 – $16.60 | Raised |
| Aug 8, 2024 | EPS | FY2024 | $15.10 – $15.60 | Raised |
| Aug 8, 2024 | (Gross Margin - OPEX) / Revenue | FY2024 | 37% – 39% | Raised |
| Aug 8, 2024 | (Gross Margin - OPEX) / Revenue | FY2024 | 36% – 38% | Raised |
| Aug 8, 2024 | Other income (expense) | FY2024 | -$525.00M – -$425.00M | Lowered |
| Aug 8, 2024 | Other income (expense) | FY2024 | -$400.00M – -$300.00M | Raised |
| Aug 8, 2024 | Tax rate | FY2024 | 15% | Raised |
| Aug 8, 2024 | Tax rate | FY2024 | 15% | Raised |
| Aug 8, 2024 | revenue | FY2024 | $45.40B – $46.60B | Raised |
| Apr 30, 2024 | EPS | FY2024 | $13.50 – $14.00 | Raised |
| Apr 30, 2024 | EPS | FY2024 | $13.05 – $13.55 | Raised |
| Apr 30, 2024 | (Gross Margin - OPEX) / Revenue | FY2024 | 32% – 34% | New |
| Apr 30, 2024 | (Gross Margin - OPEX) / Revenue | FY2024 | 33% – 35% | New |
| Apr 30, 2024 | Tax rate | FY2024 | 14% | Lowered |
| Apr 30, 2024 | Other income (expense) | FY2024 | -$500.00M – -$400.00M | New |
| Apr 30, 2024 | Other income (expense) | FY2024 | -$500.00M – -$400.00M | New |
| Apr 30, 2024 | Tax rate | FY2024 | 14% | Lowered |
| Apr 30, 2024 | revenue | FY2024 | $42.40B – $43.60B | Raised |
| Feb 6, 2024 | non-GAAP EPS | FY2024 | $12.20 – $12.70 | New |
| Feb 6, 2024 | EPS | FY2024 | $11.80 – $12.30 | New |
| Feb 6, 2024 | (Gross Margin - OPEX) / Revenue | FY2024 | 31% – 33% | New |
| Feb 6, 2024 | (Gross Margin - OPEX) / Revenue | FY2024 | 30% – 32% | New |
| Feb 6, 2024 | effective tax rate | FY2024 | 14% | New |
| Feb 6, 2024 | Other income (expense) | FY2024 | $400.00M – $500.00M | New |
| Feb 6, 2024 | revenue | FY2024 | $40.40B – $41.60B | New |
| Nov 2, 2023 | EPS | FY2023 | $6.50 – $6.70 | Lowered |
| Nov 2, 2023 | EPS | FY2023 | $5.95 – $6.15 | Lowered |
| Nov 2, 2023 | Gross margin as a percent of revenue | FY2023 | 80% | Reaffirmed |
| Nov 2, 2023 | Gross margin as a percent of revenue | FY2023 | 78% | Reaffirmed |
| Nov 2, 2023 | Marketing, selling and administrative expenses | FY2023 | $7.20B – $7.40B | Raised |
| Nov 2, 2023 | effective tax rate | FY2023 | 19% – 20% | Raised |
| Nov 2, 2023 | Other income (expense) | FY2023 | -$150.00M – -$50.00M | Lowered |
| Nov 2, 2023 | Other income (expense) | FY2023 | $0 – $100.00M | Reaffirmed |
| Nov 2, 2023 | research and development expenses | FY2023 | $8.90B – $9.10B | Raised |
| Nov 2, 2023 | Acquired IPR&D | FY2023 | $3.18B | Lowered |
| Nov 2, 2023 | Revenue | FY2023 | $33.40B – $33.90B | Reaffirmed |
| Aug 8, 2023 | EPS | FY2023 | $9.70 – $9.90 | Raised |
| Aug 8, 2023 | EPS | FY2023 | $9.20 – $9.40 | Raised |
| Aug 8, 2023 | Gross margin as a percent of revenue | FY2023 | 80% | Raised |
| Aug 8, 2023 | Gross margin as a percent of revenue | FY2023 | 78% | Raised |
| Aug 8, 2023 | marketing, selling and administrative expenses | FY2023 | $7.20B – $7.40B | Lowered |
| Aug 8, 2023 | Research and development expenses | FY2023 | $8.90B – $9.10B | Raised |
| Aug 8, 2023 | Acquired IPR&D | FY2023 | $202.00M | Lowered |
| Aug 8, 2023 | Other income (expense) | FY2023 | $0 – $100.00M | Raised |
| Aug 8, 2023 | Other income (expense) | FY2023 | -$75.00M – $25.00M | Raised |
| Aug 8, 2023 | estimated effective tax rate | FY2023 | 14% – 15% | Raised |
| Aug 8, 2023 | Revenue | FY2023 | $33.40B – $33.90B | Raised |
| Apr 27, 2023 | EPS | FY2023 | $8.65 – $8.85 | Raised |
| Apr 27, 2023 | EPS | FY2023 | $8.18 – $8.38 | Raised |
| Apr 27, 2023 | Gross margin as a percent of revenue | FY2023 | 77% | Reaffirmed |
| Apr 27, 2023 | Gross margin as a percent of revenue | FY2023 | 79% | Reaffirmed |
| Apr 27, 2023 | Tax Rate | FY2023 | 13% | Reaffirmed |
| Apr 27, 2023 | Marketing, selling and administrative expenses | FY2023 | $7.00B – $7.20B | Raised |
| Apr 27, 2023 | Research and development expenses | FY2023 | $8.30B – $8.50B | Raised |
| Apr 27, 2023 | Other income (expense) | FY2023 | -$200.00M – -$100.00M | New |
| Apr 27, 2023 | Other income (expense) | FY2023 | -$200.00M – -$100.00M | New |
| Apr 27, 2023 | Revenue | FY2023 | $31.20B – $31.70B | Raised |
| Feb 2, 2023 | Earnings per Share (non-GAAP) | FY2023 | $8.35 – $8.55 | New |
| Feb 2, 2023 | Earnings per Share (reported) | FY2023 | $7.90 – $8.10 | New |
| Feb 2, 2023 | Gross Margin % of Revenue (reported) | FY2023 | 77% | New |
| Feb 2, 2023 | Gross Margin % of Revenue (non-GAAP) | FY2023 | 79% | New |
| Feb 2, 2023 | Research & Development | FY2023 | $8.20B – $8.40B | Raised |
| Feb 2, 2023 | Other Income/(Expense) | FY2023 | -$200.00M – -$100.00M | Lowered |
| Feb 2, 2023 | Tax Rate | FY2023 | 13% | New |
| Feb 2, 2023 | Marketing, Selling & Administrative | FY2023 | $6.90B – $7.10B | New |
| Feb 2, 2023 | Revenue | FY2023 | $30.30B – $30.80B | New |
| Nov 1, 2022 | EPS | FY2022 | $7.70 – $7.85 | Lowered |
| Nov 1, 2022 | EPS | FY2022 | $6.50 – $6.65 | Lowered |
| Nov 1, 2022 | Operating margin percent | FY2022 | 26% | Lowered |
| Nov 1, 2022 | Operating margin percent | FY2022 | 29% | Reaffirmed |
| Nov 1, 2022 | revenue | FY2022 | $28.50B – $29.00B | Lowered |
| Aug 4, 2022 | EPS | FY2022 | $7.90 – $8.05 | Lowered |
| Aug 4, 2022 | EPS | FY2022 | $6.96 – $7.11 | Lowered |
| Aug 4, 2022 | Gross Margin % of Revenue (reported) | FY2022 | 76% | Lowered |
| Aug 4, 2022 | Gross Margin % of Revenue (non-GAAP) | FY2022 | 78% | Lowered |
| Aug 4, 2022 | Operating margin percent | FY2022 | 27% | Lowered |
| Aug 4, 2022 | Operating margin percent | FY2022 | 29% | Lowered |
| Aug 4, 2022 | Marketing, Selling & Administrative | FY2022 | $6.40B – $6.60B | Raised |
| Aug 4, 2022 | tax rates | FY2022 | 13% – 14% | New |
| Aug 4, 2022 | tax rates | FY2022 | 13% – 14% | New |
| Aug 4, 2022 | Research & Development | FY2022 | $7.10B – $7.30B | Raised |
| Aug 4, 2022 | Acquired IPR&D and development milestone charges | FY2022 | $610.00M | Lowered |
| Aug 4, 2022 | Other income (expense) | FY2022 | $500.00M – $600.00M | New |
| Aug 4, 2022 | Other income (expense) | FY2022 | $0 – $100.00M | New |
| Aug 4, 2022 | revenue | FY2022 | $28.80B – $29.30B | Raised |
| Feb 3, 2022 | Earnings per Share (non-GAAP) | FY2022 | $8.50 – $8.65 | New |
| Feb 3, 2022 | Earnings per Share (reported) | FY2022 | $8.00 – $8.15 | New |
| Feb 3, 2022 | Gross Margin % of Revenue (reported) | FY2022 | 78% | New |
| Feb 3, 2022 | Gross Margin % of Revenue (non-GAAP) | FY2022 | 80% | New |
| Feb 3, 2022 | Operating Margin (non-GAAP) | FY2022 | 32% | New |
| Feb 3, 2022 | Operating Margin (reported) | FY2022 | 30% | New |
| Feb 3, 2022 | Tax Rate | FY2022 | 13% – 14% | New |
| Feb 3, 2022 | Research & Development | FY2022 | $7.00B – $7.20B | Raised |
| Feb 3, 2022 | Marketing, Selling & Administrative | FY2022 | $6.40B – $6.60B | New |
| Feb 3, 2022 | Other Income/(Expense) | FY2022 | -$100.00M – $0 | Lowered |
| Feb 3, 2022 | Revenue | FY2022 | $27.80B – $28.30B | New |
| Oct 26, 2021 | Earnings per share | FY2021 | $7.95 – $8.05 | New |
| Oct 26, 2021 | Earnings per share | FY2021 | $6.38 – $6.48 | New |
| Oct 26, 2021 | Gross Margin % of Revenue (non-GAAP) | FY2021 | 79% | New |
| Oct 26, 2021 | Gross Margin % of Revenue (reported) | FY2021 | 75% | New |
| Oct 26, 2021 | Operating Margin (reported) | FY2021 | 24% | New |
| Oct 26, 2021 | Operating Margin (non-GAAP) | FY2021 | 30% | New |
| Oct 26, 2021 | Research & Development | FY2021 | $6.90B – $7.10B | Raised |
| Oct 26, 2021 | Marketing, Selling & Administrative | FY2021 | $6.20B – $6.40B | New |
| Oct 26, 2021 | effective tax rate | FY2021 | 11% | New |
| Oct 26, 2021 | effective tax rate | FY2021 | 13% | New |
| Oct 26, 2021 | revenue | FY2021 | $27.20B – $27.60B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Eli Lilly filed with the SEC as exhibits to Form 8-K or 6-K
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