Viatris Q1 2026 revenue rises 8% to $3.5 billion; reaffirms 2026 guidance
Viatris reported first-quarter 2026 total revenues of $3.5 billion, up 8% on a reported basis and 3% operationally, with U.S. GAAP net earnings of $176 million compared with a $3.0 billion net loss a year earlier. The company reaffirmed its 2026 guidance, including adjusted EPS of $2.33 to $2.47, which matters to shareholders because the quarter's profit figures were compared against a year-earlier period that included a $2.9 billion goodwill impairment.
Key points
- Adjusted EPS was $0.59, up 18% on a reported basis and 14% operationally, versus $0.50 a year earlier.
- U.S. GAAP net earnings were $176.4 million, helped by a $423.7 million income tax benefit; the loss before income taxes was $247.3 million.
- U.S. GAAP net cash provided by operating activities was $388.3 million, down 27%, and free cash flow was $348.4 million, down 29%.
- 2026 guidance reaffirmed: total revenues of $14.45 billion to $14.95 billion and adjusted EBITDA of $4.15 billion to $4.45 billion.
The filing
Written by AI on Nov 8, 2026, 12:42 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 07, 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.