Sandoz Group revenue and financials
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In the fiscal year ended December 2025, Sandoz Group reported revenue of $11.16B (+7.44% year over year). Net income was $914M, a net margin of 8.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.44%
- 2025 vs 2024
- Net margin
- 8.2%
- 2024: 0.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | 11,157 | 10,384 | 9,979 | 9,306 |
| Cost of revenue | 5,873 | 5,458 | 5,415 | 4,928 |
| Gross profit | 5,284 | 4,926 | 4,564 | 4,378 |
| Selling, general and administrative | 2,529 | 2,433 | 2,389 | 2,127 |
| Research and development | 1,050 | 932 | 926 | 833 |
| Operating income | 1,425 | 307 | 375 | 1,239 |
| EBIT | 1,427 | 240 | 332 | 1,191 |
| EBITDA | 1,972 | 742 | 857 | 1,683 |
| Interest expense | 220 | 251 | 202 | 89.0 |
| Pre-tax income | 1,207 | -11.0 | 130 | 1,102 |
| Income tax | 293 | -12.0 | 50.0 | 252 |
| Net income | 914 | 0.0 | 77.0 | 848 |
| Net income to common shareholders | 914 | 0.0 | 77.0 | 848 |
| Basic EPS | 2.12 | 0.00 | 0.18 | 1.97 |
| Diluted EPS | 2.09 | 0.00 | 0.18 | 1.97 |
| Average shares (basic) | 432 | 430 | 430 | 431 |
| Average shares (diluted) | 437 | 434 | 431 | 431 |