Elanco Q4 revenue rises 12% to $1.14 billion; reported net loss of $276 million
Elanco reported fourth-quarter 2025 revenue of $1,144 million, up 12%, and a reported net loss of $276 million, which included $202 million of asset impairment, restructuring and other special charges. For full year 2025, revenue rose 6% to $4,715 million, but the company posted a reported net loss of $232 million, compared with net income of $338 million in 2024; adjusted EPS rose to $0.94 from $0.91. The company also guided 2026 revenue to $4,950 million to $5,020 million and adjusted EPS to $1.00 to $1.06.
Key points
- Q4 2025 revenue $1,144 million, up 12% reported and 9% organic constant currency; adjusted EPS $0.13 vs. $0.14 a year earlier
- Full year 2025 reported EPS $(0.47) vs. $0.68 in 2024; adjusted EPS $0.94 vs. $0.91
- 2026 guidance: revenue $4,950 million to $5,020 million; adjusted EBITDA $955 million to $985 million; adjusted EPS $1.00 to $1.06
- 2026 innovation revenue target raised to $1.15 billion; net leverage ratio ended 2025 at 3.6x
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 February 24, 2026.
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.