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Pfizer PFE Biopharma — Provision

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Other financials

Income statement

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Revenue$15.0B+2.6%
Gross profit$10.9B+0.6%
Net income-$248.0M-109%
EPS (diluted)-$0.04-108%

Balance sheet

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Cash & equivalents$1.8B+18.8%
Total debt$64.4B+4.9%
Total equity$90.1B-0.3%
Total assets$207.62B-0.2%

Cash flow

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Operating cash flow$2.6B+12.0%
CapEx$436.0M-22.7%
Free cash flow$2.2B+23.0%

Valuation

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Market cap$149.33B+9.8%
Enterprise value$212B+9.2%
P/E16.8×
P/S2.3×+0.2×

Profitability

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Gross margin73.2%+1.1pp
Net margin15.7%
FCF margin18%+8.8pp

Returns & leverage

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Return on equity10.6%
Debt / equity0.7×0.0×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Pfizer in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The source filing: Pfizer’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 7:03 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000078003-26-000054

(a)Primarily represents cost-reduction initiatives. Amounts associated with our Biopharma segment: (i) charges of $31 million for the three months ended March 29, 2026 (including charges of $47 million for our Realigning our Cost Base Program and credits of $22 million for our Manufacturing Optimization Program) and (ii) charges of $617 million for the three months ended March 30, 2025 (including charges of $587 million for our Realigning our Cost Base Program and credits of $4 million for our Manufacturing Optimization Program).

Item 1.

FAQ

What is Pfizer's biopharma — provision?
Pfizer (PFE) reported biopharma — provision of $47M in Q1 2026.
How has Pfizer's biopharma — provision changed year-over-year?
Pfizer's biopharma — provision decreased by 92.4% year-over-year, from $617M to $47M.
What is the long-term trend for Pfizer's biopharma — provision?
Over 3 years (2022 to 2025), Pfizer's biopharma — provision has grown at a 49.9% compound annual growth rate (CAGR), from $796M to $2.68B.
What does biopharma — provision mean?
Refers to the estimated amount set aside for specific liabilities or tax obligations related to the biopharmaceutical segment's operations. This reflects management's assessment of potential future outflows that are probable and estimable.

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