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Viatris

VTRSNASDAQStock Fundamentals

Viatris is a global healthcare company formed through the combination of Mylan and Pfizer's Upjohn business, specializing in a diverse portfolio of medicines including iconic brands, generics, and complex products. The company leverages a massive global supply chain and R&D infrastructure to provide high-quality treatments to approximately one billion patients annually across more than 165 countries. Its core value proposition centers on 'access at scale,' bridging the gap between traditional generic manufacturing and innovative branded pharmaceuticals.

Market Cap$19.2B
Revenue TTM$14.6B
Net Income TTM-$296.5M
Net Margin-2.04%
EPS TTM$-0.26
Free Cash Flow TTM$1.8B
Employees38.0K
CEOScott Andrew Smith
CountryUnited States of America
Healthcare
Drug Manufacturers - Specialty & Generic
SegmentsPharmaceuticals, Biotechnology, Generic Drugs
Business ModelsManufacturing, Research and Development, B2B, Licensing
Most Recent EarningsMay 7, 2026 · 13 days agoQ1 2026
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Next EarningsAug 6, 2026 · in 3 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin34.4%
Op. Margin0.96%
ROE-1.96%
D/E99.7%
Current Ratio1.60
Total Debt$14.6B
Cash$1.8B
CapEx TTM$376.1M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Brands

primary

This category includes patent-protected innovative medicines and iconic legacy brands that are highly sensitive to promotion and marketing. It also encompasses branded generics, which are off-patent products sold under proprietary names, primarily in emerging markets.

Products

Lipitor, Lyrica, Celebrex, Viagra, Norvasc, EpiPen Auto-Injector, Effexor, Creon, Influvac

Customers

Physicians, Hospitals, Retail Pharmacies, Governments

Generics

major

A high-volume business focused on therapeutically equivalent versions of brand-name drugs sold under International Nonproprietary Names (INNs). This segment provides essential cost savings to healthcare systems and patients through lower-margin, high-scale distribution.

Products

Wixela Inhub, Glatiramer Acetate Injection, Iron Sucrose Injection, Pomalidomide, Dapagliflozin

Customers

Wholesalers, Distributors, Retail Pharmacies, Institutional Pharmacies

Complex Products

moderate

Focuses on medicines with complex active ingredients, formulations, or delivery systems, such as injectables and inhalers. These products typically face limited competition due to the technical difficulty of development and manufacturing.

Products

Breyna, Wixela Inhub, Restasis (generic), Venofer (generic)

Customers

Specialty Pharmacies, Hospitals, Payers

Segment Financials

Brands — Net Sales

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Lipitor — Net Sales

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Viagra ® — Net Sales

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Generics — Net Sales

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Yupelri ® — Net Sales

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Developed Markets Segment — Cost of Sales

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EpiPen® Auto-Injectors — Net Sales

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Business Overview

Competitive Position

A leading global provider of medicines with a unique hybrid model that combines a massive generic portfolio with iconic established brands and a growing innovative pipeline.

Geographies

North America, Europe, China, Japan, Australia, India

Customer Segments

Wholesalers, Retailers, Governments, Healthcare Providers

Upstream Dependencies

Active Pharmaceutical Ingredient (API) suppliers, Contract Manufacturing Organizations (CMOs), Raw material providers, Clinical trial partners

Downstream Customers

Pharmaceutical wholesalers, Retail pharmacy chains, Hospitals and health systems, Government health agencies, Insurance companies

Competitors & Partners

Partners

B

Biocon Biologics

Strategic partner following the contribution of Viatris' biosimilars portfolio for an equity stake

I

Insud Pharma, S.L.

Acquirer of Viatris' women's healthcare business

C

Cooper Consumer Health

Acquirer of Viatris' Over-the-Counter (OTC) business

T

Theramex HQ UK Limited

Acquirer of rights to specific women's healthcare products

M

Matrix Pharma Private Limited

Acquirer of Viatris' API business in India

Subsidiaries

A

Aculys Pharma

Clinical stage biopharmaceutical company acquired in 2025 focused on neurological conditions in Japan

M

Mylan

Predecessor entity and core component of the Viatris combination

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Viatris FAQ

Common questions about Viatris

Viatris is a global healthcare company formed through the combination of Mylan and Pfizer's Upjohn business, specializing in a diverse portfolio of medicines including iconic brands, generics, and complex products. The company leverages a massive global supply chain and R&D infrastructure to provide high-quality treatments to approximately one billion patients annually across more than 165 countries. Its core value proposition centers on 'access at scale,' bridging the gap between traditional generic manufacturing and innovative branded pharmaceuticals.

Viatris (VTRS) has a market capitalization of $19.2B and trades on NASDAQ.

Viatris generated $14.6B in trailing twelve-month revenue with a net loss of $296.5M, representing a net margin of -2.0%. Gross margin stands at 34.4%, with free cash flow of $1.8B. These figures are based on the Q1 2026 filing.

Viatris's key competitors include Pfizer Inc., Cencora, Inc., McKesson Corporation, and others. These companies compete in similar markets and product categories.

Viatris has approximately 38,000 employees.