Eli Lilly (LLY) official guidance
Eli Lilly (LLY) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteLLYELI LILLY & CoFY2026 · ends 2026-12-31
8 metrics1 lowered2 new5 maintainedearnings call · 2026-08-06 04:00:29 UTC
2026-08-06 04:00:29 UTC$35.5 – $36.5maintained
We now expect non-GAAP earnings per share of $35.50-$36.50, an increase of $2.78 per share at the midpoint of our range before updating our guide for the $3.03 impact of Q2 acquired IPR&D charges.
LLY · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 11:05:43 UTC$35.5 – $36.5lowered -0.7%
| Earnings per Share(1)(3)(4) | $35.50 to $37.00 | $35.50 to $36.50 |
LLY · EX-99.1 · Q2 FY2026
2026-08-05 11:05:09 UTCOpen source
2026-05-01 04:01:06 UTC$35.5 – $37maintained
We now expect non-GAAP earnings per share of $35.50 to $37, an increase of $2 to the top and bottom of the non-GAAP earnings per share.
LLY · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 11:04:12 UTC$35.5 – $37raised +5.8%
Increased 2026 full-year revenue guidance to be in the range of $82.0 billion to $85.0 billion and non-GAAP EPS guidance to be in the range of $35.50 to $37.00.
LLY · EX-99 · Q1 FY2026
2026-04-30 11:03:30 UTCOpen source
2026-02-05 05:01:13 UTC$33.5 – $35maintained
We expect earnings per share of between $33.50 and $35, setting us up for another year of strong top-line now and bottom line growth.
LLY · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 12:06:03 UTC$33.5 – $35new
| Earnings per Share(2)(3)(4) | $33.50 to $35.00 |
LLY · EX-99.1 · Q4 FY2025
2026-02-04 12:05:22 UTCOpen source
2026-08-06 04:00:29 UTC49% – 50.5%maintained
Based on higher revenue, we now expect our non-GAAP performance margin to be between 49%-50.5%, an increase of 2 percentage points at the low- and the high-end of the performance margin range.
LLY · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 11:05:43 UTC49% – 50.5%raised +4.2%
| Performance Margin(1)(2) | 47.0% to 48.5% | 49.0% to 50.5% |
LLY · EX-99.1 · Q2 FY2026
2026-08-05 11:05:09 UTCOpen source
2026-05-01 04:01:06 UTC47% – 48.5%maintained
We expect our non-GAAP performance margin to be between 47% and 48.5%, driven by higher revenue.
LLY · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 11:04:12 UTC47% – 48.5%raised +2.1%
| Performance Margin(1)(2) | 46.0% to 47.5% | 47.0% to 48.5% |
LLY · EX-99 · Q1 FY2026
2026-04-30 11:03:30 UTCOpen source
2026-02-05 05:01:13 UTC46% – 47.5%maintained
We expect our non-GAAP performance margin to be between 46% and 47.5%.
LLY · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 12:06:03 UTC46% – 47.5%new
| Performance Margin(1)(2) | 46.0% to 47.5% |
LLY · EX-99.1 · Q4 FY2025
2026-02-04 12:05:22 UTCOpen source
2026-08-06 04:00:29 UTC$85B – $87Bmaintained30.4% – 33.5% vs FY2025
We now expect full-year revenue to be between $85 billion and $87 billion.
LLY · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 11:05:43 UTC$85B – $87Braised +3.0%30.4% – 33.5% vs FY2025
| Revenue | $82 to $85 billion | $85 to $87 billion |
LLY · EX-99.1 · Q2 FY2026
2026-08-05 11:05:09 UTCOpen source
2026-05-01 04:01:06 UTC$82B – $85Bmaintained25.8% – 30.4% vs FY2025
We have increased the top and the bottom end of the revenue range by $2 billion and now expect full year revenue to be between $82 billion and $85 billion.
LLY · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 11:04:12 UTC$82B – $85Braised +2.5%25.8% – 30.4% vs FY2025
| Revenue | $80 to $83 billion | $82 to $85 billion |
LLY · EX-99 · Q1 FY2026
2026-04-30 11:03:30 UTCOpen source
2026-02-05 05:01:13 UTC$80B – $83Bmaintained
We expect revenue to be between $80 billion and $83 billion.
LLY · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-04 12:06:03 UTC$80B – $83Bnew
| Revenue | $80 to $83 billion |
LLY · EX-99.1 · Q4 FY2025
2026-02-04 12:05:22 UTCOpen source
2026-08-05 11:05:43 UTC894Mlowered -0.1%
(4) Assumes shares outstanding of approximately 894 million and foreign currency exchange rate assumptions of 1.14 (Euro), 153 (Yen) and 7.1 (Yuan)
LLY · EX-99.1 · Q2 FY2026
2026-08-05 11:05:09 UTCOpen source
2026-04-30 11:04:12 UTC895Mraised +0.1%
2026 assumes shares outstanding of approximately 895 million and foreign currency exchange rate assumptions of 1.16 (Euro), 153 (Yen) and 7.1 (Yuan)
LLY · EX-99 · Q1 FY2026
2026-04-30 11:03:30 UTCOpen source
2026-02-04 12:06:03 UTC894Mnew
| (4) 2026 assumes shares outstanding of approximately 894 million | |
LLY · EX-99.1 · Q4 FY2025
2026-02-04 12:05:22 UTCOpen source
2026-08-05 11:05:43 UTC18% – 19%maintained
| Tax Rate(1)(3) | 18% to 19% | unchanged |
LLY · EX-99.1 · Q2 FY2026
2026-08-05 11:05:09 UTCOpen source
2026-04-30 11:04:12 UTC18% – 19%maintained
| Tax Rate(1)(3) | 18% to 19% | Unchanged |
LLY · EX-99 · Q1 FY2026
2026-04-30 11:03:30 UTCOpen source
2026-02-04 12:06:03 UTC18% – 19%new
| Tax Rate(2)(3) | 18% to 19% |
LLY · EX-99.1 · Q4 FY2025
2026-02-04 12:05:22 UTCOpen source
2026-05-01 04:01:06 UTCa headwind in the low to mid-teensmaintained
We still expect price to be a headwind in the low to mid-teens for the full year.
LLY · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-02-05 05:01:13 UTCa drag on growth in the low to mid-teensnew-16% – -10% vs FY2025
Price is expected to be a drag on growth in the low to mid-teens.
LLY · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-05 05:01:13 UTCrelatively stable to slightly down compared to Q4 2025new
We expect gross margin will be relatively stable to slightly down compared to Q4 2025, as favorable product mix and increased productivity are offset by price and new facilities coming online.
LLY · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
2026-02-05 05:01:13 UTCindustry-leading volume growthnew
We expect to deliver industry-leading volume growth driven by our key products, partially offset by lower realized prices.
LLY · transcript · Q4 FY2025
2026-02-05 05:00:00 UTCOpen source
LLYELI LILLY & CoFY2025 · ends 2025-12-31
9 metrics6 new3 maintainedearnings call · 2025-10-31 04:00:30 UTC
2025-10-31 04:00:30 UTC$23 – $23.7maintained
At the bottom line, we have increased our outlook for non-GAAP earnings per share and expect EPS of $23-$23.70.
LLY · transcript · Q3 FY2025
2025-10-31 04:00:00 UTCOpen source
2025-10-30 11:04:37 UTC$23 – $23.7new
Based on these changes, EPS guidance has been increased to be in the range of $21.80 to $22.50 on a reported basis and $23.00 to $23.70 on a non-GAAP basis.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-31 04:00:30 UTC45% – 46%maintained
Given our updated expectations for revenue growth and performance margin over the first nine months of the year, we now expect non-GAAP performance margin to be between 45% and 46% of revenue.
LLY · transcript · Q3 FY2025
2025-10-31 04:00:00 UTCOpen source
2025-10-30 11:04:37 UTC45% – 46%new
The performance margin2 is now expected to be in the range of 43.5% and 44.5% on a reported basis and 45.0% and 46.0% on a non-GAAP basis.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-31 04:00:30 UTC$63B – $63.5Bmaintained39.9% – 41% vs FY2024
Based on strong underlying performance and the favorable impact of foreign exchange rates, we are increasing the midpoint of our revenue range by over $2 billion and now anticipate our full year revenue will be between $63 billion and $63.5 billion.
LLY · transcript · Q3 FY2025
2025-10-31 04:00:00 UTCOpen source
2025-10-30 11:04:37 UTC$63B – $63.5Bnew39.9% – 41% vs FY2024
The company has increased full-year revenue guidance to be in the range of $63.0 billion to $63.5 billion, primarily driven by strong underlying business performance across the portfolio and foreign exchange rates.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-30 11:04:37 UTC19%new252 bps vs FY2024
The 2025 estimated effective tax rate on a reported basis and a non-GAAP basis remain unchanged at approximately 19% and 17%, respectively.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-30 11:04:37 UTC17%new
The 2025 estimated effective tax rate on a reported basis and a non-GAAP basis remain unchanged at approximately 19% and 17%, respectively.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-30 11:04:37 UTC$21.8 – $22.5new86.2% – 92.1% vs FY2024
Based on these changes, EPS guidance has been increased to be in the range of $21.80 to $22.50 on a reported basis and $23.00 to $23.70 on a non-GAAP basis.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-30 11:04:37 UTC-$700M – -$600Mnew
Other income (expense) on a reported basis is now expected to be expense in the range of $700 million to $600 million due to a decrease in net losses on investments in equity securities and is still expected to be expense in the range of $700 million to $600 million on a non-GAAP basis.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-30 11:04:37 UTC-$700M – -$600Mnew
Other income (expense) on a reported basis is now expected to be expense in the range of $700 million to $600 million due to a decrease in net losses on investments in equity securities and is still expected to be expense in the range of $700 million to $600 million on a non-GAAP basis.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source
2025-10-30 11:04:37 UTC43.5% – 44.5%new
The performance margin2 is now expected to be in the range of 43.5% and 44.5% on a reported basis and 45.0% and 46.0% on a non-GAAP basis.
LLY · EX-99.1 · Q3 FY2025
2025-10-30 11:03:41 UTCOpen source