Bayer

BAYN · Xetra · EUR

€44.94−1.01%−€0.46

Close · October 2, 2026

At a glance

Revenue growth: −2.21%; 2025 vs 2024
Net margin: -7.9%; 2024: -5.5%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	107,285	107,944	104,541	104,210	105,236	109,183	110,850	106,946	119,859	119,881	116,259	117,242
Current assets	33,644	35,301	32,911	32,881	33,754	34,832	34,444	33,131	40,144	40,167	37,556	37,528
Cash and equivalents	4,289	5,728	6,671	5,897	4,557	4,015	6,191	4,619	3,888	4,725	5,907	6,815
Short-term investments	793	932	36.0	1,345	938	1,369	75.0	1,720	6,136	4,197	755	2,491
Receivables	16,566	16,611	12,170	13,284	16,128	16,742	12,188	13,830	17,031	17,794	12,522	14,254
Inventory	11,971	12,014	12,378	12,332	12,111	12,687	13,467	12,945	13,088	13,437	13,947	13,956
Net property, plant and equipment	12,758	12,727	12,649	12,485	12,468	13,098	13,456	13,178	13,487	13,472	13,321	13,449
Goodwill	28,778	28,500	28,061	28,084	28,114	29,583	30,016	28,640	32,896	32,763	32,299	33,876
Other intangible assets	20,579	20,352	20,622	19,966	20,196	21,056	22,112	21,608	22,985	23,343	19,822	23,169
Long-term investments	3,013	2,880	2,670	2,817	2,885	2,960	3,022	3,104	3,179	3,202	3,060	2,821
Current liabilities	32,270	33,460	32,585	28,957	29,782	27,959	28,952	25,048	31,561	30,630	29,457	33,081
Accounts payable	6,393	6,585	7,081	6,381	6,038	6,587	7,518	6,561	6,127	6,398	7,456	6,500
Long-term debt	29,801	30,684	30,806	32,710	30,544	35,020	34,559	36,672	36,150	37,987	37,232	35,111
Total debt	38,431	38,887	37,579	39,638	38,427	39,385	40,811	41,162	46,578	46,268	—	—
Total liabilities	77,577	78,982	78,478	74,509	74,736	76,601	78,805	76,252	84,012	84,119	83,181	83,695
Total equity (incl. minority)	29,708	28,962	26,063	29,701	30,500	32,582	32,045	30,694	35,847	35,762	33,078	33,547
Retained earnings	—	—	6,726	—	—	—	9,867	—	—	—	12,175	—
Minority interest	124	117	116	123	130	135	137	135	160	157	151	167