Viatris Inc.
10.29-0.13 (-1.25%)
Oct 28, 4:00:00 PM EDT · NasdaqGS · VTRS · USD
Key Stats
Market Cap
11.88BP/E (TTM)
-Basic EPS (TTM)
-2.93Dividend Yield
0.05%Recent Filings
8-K
10-Q
Q2 FY2025 results
Viatris posted Q2 revenues of $3.58B, down 6% y/y but holding steady q/q, as divestitures and the Indore facility's FDA import alert shaved off about $160M from sales—yet core operations showed resilience with Greater China up 9% y/y on e-commerce and hospital demand. Gross margins dipped to 37% from 38% y/y, reflecting those hits, while operating income flipped to a $233M profit from a $240M loss, thanks to lower SG&A and favorable litigation settlements netting a $48M gain. Free cash flow isn't disclosed in the 10-Q. Cash sat at $566M with $3.5B revolver availability and total debt at $14.5B, including the 3.95% notes due 2026; the Idorsia deal closed in March 2024 for $350M cash plus contingents, adding $675M IPR&D and $20M goodwill to Developed Markets. Patent cliffs loom large.
8-K
Viatris Q2 revenues resilient
Viatris reported Q2 2025 total revenues of $3.6 billion, down 6% reported but flat on a divestiture-adjusted operational basis, with Greater China up 9% offsetting the Indore facility's $160 million drag. Adjusted EBITDA hit $1.1 billion and EPS $0.62, both down 4% adjusted, yet the company returned $630 million to shareholders year-to-date via buybacks. Pipeline momentum builds from positive Phase 3 readouts in eye treatments, while reaffirming full-year guidance expects top-half delivery on revenues and EPS. Strong execution persists amid headwinds.
8-K
Viatris appoints pharma veteran
Viatris expanded its board from 14 to 15 directors on August 4, 2025, appointing David Simmons, an independent member with deep pharmaceutical expertise from roles at Pfizer, PPD, and Hellman & Friedman. His background in global sales, drug development, and capital markets bolsters the board's strategic oversight amid Viatris' push for pipeline advancement and shareholder returns. Simmons receives standard non-employee director compensation. Yet risks like regulatory hurdles could temper execution.
8-K
Viatris Q1 revenues dip, pipeline shines
Viatris reported Q1 2025 revenues of $3.3 billion, down 11% reported but flat on a divestiture-adjusted operational basis, hit by a $140 million Indore facility drag yet buoyed by Greater China growth and new product launches. A $2.9 billion non-cash goodwill impairment from market volatility and risks like pricing pressures swung GAAP to a $3.0 billion net loss, while adjusted EBITDA fell 23% to $924 million and adjusted EPS to $0.50. Pipeline advances include positive Phase 3 readouts for meloxicam pain relief and XULANE LO contraceptive, with NDAs eyed for H2 2025. Viatris reaffirms 2025 guidance, targeting $500-$650 million in share repurchases amid ongoing capital returns exceeding $450 million YTD. Volatility looms from tariffs and regulations.
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