VTRS
Viatris Inc.11.46
-0.20-1.72%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Savings details, BD in-market focus.
Q&A unpacked the strategic review's $650M gross savings—30% in 2026, evenly SG&A/COGS but COGS back-loaded—with 50% from headcount, minimal R&D impact, and ~$250M one-time costs this year. Management detailed in-market BD focus, shunning early pipeline for U.S. branded assets amid heating M&A landscape, to lift base's low-single-digit growth toward mid-singles. Meloxicam launch targets post-op specialists with opioid-sparing label and 2030s exclusivity. Japan assets like EFFEXOR to reverse declines by 2028. India recovery assumes <1% top-line lift. Answers crisply reaffirmed outlook. Watch BD execution.
Key Stats
Market Cap
13.23BP/E (TTM)
-Basic EPS (TTM)
-3.13Dividend Yield
0.04%Recent Filings
8-K
Restructuring eyes $600M+ savings
Viatris completed its enterprise-wide strategic review on February 26, 2026, launching restructuring with up to 10% global workforce cuts over three years. It expects $700M-$850M pre-tax charges but $600M-$700M annual savings to boost cash flow. Full-year 2025 revenues hit $14.3B; 2026 guidance targets $14.5B-$15.0B revenues. Restructuring sharpens focus for growth.
10-K
FY2025 results
Viatris posted FY2025 revenues of $14.30B, down 3% y/y amid divestitures and ~$370M Indore manufacturing hit, yet base business held firm with new product contributions offsetting erosion. Q4 momentum shone through resilient demand in Greater China (up 8% constant currency annually) while Developed Markets absorbed Indore pressures but gained from launches like iron sucrose; margins held steady at 35% despite mix shift. Returned over $1B to shareholders via $500M buybacks and $561M dividends, underscoring liquidity strength. Enterprise-wide strategic review targets $600M-$700M savings via 10% workforce cuts. Restructuring execution risks quarterly momentum.
8-K
CLO exits, successor named
Viatris announced Brian Roman's departure as Chief Legal Officer effective February 9, 2026, with him staying on until April 1 for transition and receiving severance of base salary plus target bonus. Matthew Maletta, ex-Endo CLO, steps in the same day. Smooth handoff. No business disruption disclosed.
8-K
Sells Biocon stake for $815M
Viatris agreed to sell its equity stake in Biocon Biologics to Biocon for $815 million—$400 million cash plus $415 million in Biocon shares—expected to close Q1 2026. This accelerates expiration of 2022 biosimilars non-compete restrictions, freeing ex-U.S. markets immediately and U.S. in November 2026. Cash bolsters balance sheet. Biocon shares face six-month lock-up.
8-K
Shareholders re-elect full board
Viatris shareholders overwhelmingly elected all 13 director nominees at the December 5, 2025 annual meeting, with votes for exceeding 867 million for most. Say-on-pay for 2024 executive compensation passed handily at 831 million for. Auditors Deloitte ratified with 964 million yes votes. Board continuity locked in.
IPO
Website
Employees
Sector
Industry
ABBV
AbbVie Inc.
223.67-3.78
AMPH
Amphastar Pharmaceuticals, Inc.
25.61-0.70
AMRX
Amneal Pharmaceuticals, Inc.
12.17-0.29
AZN
Astrazeneca PLC
91.35-0.21
JNJ
Johnson & Johnson
209.30-4.87
NVO
Novo Nordisk A/S
48.96-1.41
NVS
Novartis AG
135.03-0.16
PFE
Pfizer, Inc.
25.53-0.90
TEVA
Teva Pharmaceutical Industries
30.10-0.03
ZTS
Zoetis Inc.
123.23+2.25