Equity

Retained Earnings

Pfizer Retained Earnings increased by 2.3% to $117.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.0%, from $119.59B to $117.24B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows an upward trend with a 4.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

An increasing balance indicates consistent profitability and successful capital reinvestment, while a decrease may signal net losses or aggressive dividend payouts.

Detailed definition

This represents the cumulative net income of the company that has been reinvested into the business rather than distribu...

Peer comparison

Large-cap pharmaceutical peers typically maintain high retained earnings due to long-term capital reinvestment in drug development.

Metric ID: retained_earnings

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$96.35B$102.25B$103.39B$111.19B$116.61B$122.97B$125.66B$131.10B$128.80B$126.41B$118.35B$121.32B$116.60B$121.06B$116.73B$119.59B$117.61B$121.15B$114.61B$117.24B
QoQ Change+6.1%+1.1%+7.5%+4.9%+5.5%+2.2%+4.3%-1.8%-1.9%-6.4%+2.5%-3.9%+3.8%-3.6%+2.5%-1.7%+3.0%-5.4%+2.3%
YoY Change+21.0%+20.3%+21.5%+17.9%+10.5%+2.8%-5.8%-7.5%-9.5%-4.2%-1.4%-1.4%+0.9%+0.1%-1.8%-2.0%
Range$96.35B$131.10B
CAGR+4.2%
Avg YoY Growth+3.8%
Median YoY Growth-0.7%

Frequently Asked Questions

What is Pfizer's retained earnings?
Pfizer (PFE) reported retained earnings of $117.24B in Q1 2026.
How has Pfizer's retained earnings changed year-over-year?
Pfizer's retained earnings decreased by 2.0% year-over-year, from $119.59B to $117.24B.
What is the long-term trend for Pfizer's retained earnings?
Over 5 years (2020 to 2025), Pfizer's retained earnings has grown at a 4.9% compound annual growth rate (CAGR), from $90.39B to $114.61B.
What does retained earnings mean?
The total historical profits a company has kept and reinvested in itself instead of paying out to shareholders.