Viatris Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	14,250	14,693	15,388	16,218	17,814
Other Revenue	49.5	46.5	38.5	44.6	72.7
Revenue	14,300	14,739	15,427	16,263	17,886
Revenue Growth (YoY)	-2.98%	-4.46%	-5.14%	-9.08%	49.73%
Cost of Revenue	8,645	8,601	8,837	9,337	11,875
Gross Profit	5,655	6,138	6,590	6,926	6,011
Selling, General & Admin	3,469	3,725	3,776	3,518	4,245
Research & Development	952.5	805.9	802.4	661.2	667.9
Operating Expenses	4,421	4,531	4,578	4,179	4,913
Operating Income	1,234	1,608	2,012	2,747	1,098
Interest Expense	-471.3	-553.4	-573.1	-592.4	-636.2
Earnings From Equity Investments	-	-	-	-	-61.9
Currency Exchange Gain (Loss)	-90	72.5	56.3	-82.1	39.3
Other Non Operating Income (Expenses)	197	407.2	217.8	114.9	20.4
EBT Excluding Unusual Items	869.5	1,534	1,713	2,187	459.9
Merger & Restructuring Charges	-734.8	-476.7	-377.9	-475.7	-234.6
Impairment of Goodwill	-2,937	-321	-580.1	-117	-
Gain (Loss) on Sale of Investments	-534.8	-	-	-	-
Gain (Loss) on Sale of Assets	-101	-399.4	-239.9	1,754	-
Asset Writedown	-73.9	-184.6	-32	-173.5	-102.8
Legal Settlements	68.5	-350.9	-111.6	-4.4	-329.2
Other Unusual Items	-173.4	-396.5	-62.9	-321.2	-387.6
Pretax Income	-3,665	-623.2	202.9	2,813	-664.4
Income Tax Expense	-150.1	11	148.2	734.6	604.7
Earnings From Continuing Operations	-3,515	-634.2	54.7	2,079	-1,269
Net Income	-3,515	-634.2	54.7	2,079	-1,269
Net Income to Common	-3,515	-634.2	54.7	2,079	-1,269
Net Income Growth	-	-	-97.37%	-	-
Shares Outstanding (Basic)	1,171	1,193	1,200	1,212	1,209
Shares Outstanding (Diluted)	1,171	1,193	1,207	1,217	1,209
Shares Change (YoY)	-1.89%	-1.13%	-0.86%	0.71%	101.06%
EPS (Basic)	-3.00	-0.53	0.05	1.71	-1.05
EPS (Diluted)	-3.00	-0.53	0.05	1.71	-1.05
EPS Growth	-	-	-97.34%	-	-
Free Cash Flow	1,937	1,977	2,523	2,593	2,560
Free Cash Flow Per Share	1.66	1.66	2.09	2.13	2.12
Dividend Per Share	0.480	0.480	0.480	0.480	0.450
Dividend Growth	-	-	-	6.67%	-
Gross Margin	39.55%	41.65%	42.72%	42.59%	33.61%
Operating Margin	8.63%	10.91%	13.04%	16.89%	6.14%
Profit Margin	-24.58%	-4.30%	0.36%	12.78%	-7.09%
Free Cash Flow Margin	13.55%	13.41%	16.36%	15.94%	14.31%
EBITDA	3,958	4,317	4,691	5,601	5,502
EBITDA Margin	27.68%	29.29%	30.41%	34.44%	30.76%
D&A For EBITDA	2,724	2,709	2,679	2,854	4,404
EBIT	1,234	1,608	2,012	2,747	1,098
EBIT Margin	8.63%	10.91%	13.04%	16.89%	6.14%
Effective Tax Rate	-	-	73.04%	26.11%	-
Revenue as Reported	14,300	14,739	15,427	16,263	17,886

Source: S&P Global Market Intelligence. Standard template. Financial Sources.