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Eli Lilly LLY Net product revenue — Revenue

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Other financials

Income statement

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Revenue$23.0B+47.7%
Gross profit$19.7B+50.3%
Net income$7.1B+25.3%
EPS (diluted)$7.94+26.2%

Balance sheet

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Cash & equivalents$9.0B+165%
Total debt$54.9B+37.6%
Total equity$33.9B+85.4%
Total assets$142.28B+41.0%

Cash flow

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Operating cash flow$10.7B+246%
CapEx$2.9B+72.8%
Free cash flow$7.8B+458%

Valuation

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Market cap$1.04T+55.7%
Enterprise value$1.09T+54.1%
P/E39.1×-9.5×
P/S13.1×+0.5×

Profitability

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Gross margin83.4%+0.8pp
Net margin33.5%+7.6pp
FCF margin22.8%+13.7pp

Returns & leverage

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Return on equity102.4%+15.7pp
Debt / equity1.6×-0.6×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by Eli Lilly in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Eli Lilly’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:40 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000059478-26-000081
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net product revenue$21,403$14,726$39,856$26,327
Collaboration and other revenue1,5718322,9171,959
Revenue$22,974$15,558$42,773$28,286

Item 1. Financial Statements

FAQ

What is Eli Lilly's net product revenue — revenue?
Eli Lilly (LLY) reported net product revenue — revenue of $21.4B in Q2 2026.
How has Eli Lilly's net product revenue — revenue changed year-over-year?
Eli Lilly's net product revenue — revenue increased by 45.3% year-over-year, from $14.73B to $21.4B.
What is the long-term trend for Eli Lilly's net product revenue — revenue?
Over 4 years (2021 to 2025), Eli Lilly's net product revenue — revenue has grown at a 23.8% compound annual growth rate (CAGR), from $25.96B to $60.96B.
What does net product revenue — revenue mean?
This metric represents the total gross sales of pharmaceutical products generated by the company after accounting for returns, rebates, and discounts. It serves as the primary indicator of the company's commercial success in its core therapeutic areas, including cardiometabolic, oncology, and immunology portfolios. This figure reflects the market demand for the company's proprietary drug pipeline and the effectiveness of its global distribution strategy.

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