Elanco raises 2025 outlook as second-quarter revenue rises 5% to $1.24 billion
Elanco reported second-quarter 2025 revenue of $1,241 million, up 5% from a year earlier, and reported net income of $11 million compared with a net loss of $50 million in the same quarter of 2024. The company raised its full-year 2025 revenue guidance to $4,570 million to $4,620 million and its adjusted EBITDA guidance to $850 million to $890 million, but adjusted EPS of $0.26 fell 13% year over year.
Key points
- Q2 2025 revenue was $1,241 million, up 5% on a reported basis and 8% on an organic constant currency basis
- Reported net income was $11 million ($0.02 per diluted share) versus a net loss of $50 million ($0.10 per share) in Q2 2024; adjusted EPS was $0.26, down 13%
- Full-year 2025 adjusted EPS guidance was raised to $0.85 to $0.91 from $0.80 to $0.86, and reported net loss guidance is $(38) million to $(14) million
- Net leverage ratio was 4.0x adjusted EBITDA at June 30, 2025; the year-end target was improved to 3.8x to 4.1x
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.