Eli Lilly 4Q Profit Rises as Weight-Loss Drug Demand Surges

By Nicholas G. Miller


Eli Lilly reported higher fourth-quarter profit on the back of surging demand for its GLP-1 weight-loss drugs.

The pharmaceutical company reported net income of $6.64 billion, or $7.39 a share, up from $4.41 billion, or $4.88 a share, the year prior.

Adjusted earnings were $7.54 a share. Analysts polled by FactSet expected $6.91 a share.

Revenue rose 43% to $19.29 billion, driven by a 46% increase in volume, partially offset by a 5% decline in realized prices. Wall Street expected $17.94 billion in revenue.

The company has seen soaring demand for its weight-loss treatments Zepbound and Mounjaro, both of which saw sales more than double in the fourth quarter from the previous year. The company recorded $7.41 billion in Mounjaro revenue and $4.26 billion in Zepbound revenue.

Eli Lilly guided for 2026 revenue of $80 billion to $83 billion and earnings of $33.50 to $35 a share. Analysts see 2026 revenue of $77.64 billion and earnings of $32.47 a share.

Eli Lilly is also preparing to launch a new weight-loss pill called orforglipron. Analysts have said the convenience of the pill could spark even more demand than Zepbound and Mounjaro, which are injected weekly, as some patients are averse to injections.


Write to Nicholas G. Miller at nicholas.miller@wsj.com.


(END) Dow Jones Newswires

February 04, 2026 07:27 ET (12:27 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center