Elanco raises 2026 revenue and profit guidance after 15% first-quarter sales growth
Elanco reported first-quarter 2026 revenue of $1,371 million, up 15% from a year earlier, and adjusted EPS of $0.40, up 8%. The company raised its full-year 2026 guidance for revenue, adjusted EBITDA and adjusted EPS, which matters to shareholders because it signals stronger expected results for the year, though reported net income fell 15% to $57 million.
Key points
- Q1 2026 revenue was $1,371 million, up 15% reported and 10% organic constant currency; reported net income was $57 million, down from $67 million
- Full-year 2026 revenue guidance raised to $5,010 million to $5,085 million from $4,950 million to $5,020 million
- Full-year adjusted EBITDA guidance raised to $975 million to $1,005 million; adjusted EPS guidance raised to $1.03 to $1.09 from $1.00 to $1.06
- Second-quarter 2026 guidance: revenue of $1,300 million to $1,325 million and adjusted EPS of $0.25 to $0.28
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 May 06, 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.