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NYSE · Healthcare

ELI LILLY & Co (LLY)

As-reported financials and SEC filings for ELI LILLY & Co. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About ELI LILLY & Co

Eli Lilly and Company discovers, develops, manufactures, and markets human pharmaceutical products worldwide. Its main products include treatments for diabetes, oncology, immunology, and neuroscience conditions. The company serves healthcare providers, wholesalers, pharmacies, hospitals, and patients in approximately 90 countries.

Snapshot

Revenue
$65.18B
Revenue growth (YoY)
44.7%
Net income
$20.64B
Diluted EPS
$22.95
Gross margin
83.0%
Operating margin
Net margin
31.7%
FCF margin
ROE
77.8%
net income / fiscal-year-end equity
P/E
37.7×
trailing when available, otherwise FY EPS
Market cap
$1.00T
Long-term debt / equity
1.54×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at ELI LILLY

  • Revenue grew 44.7% to $65.2B in FY2025, faster than the 32.0% the year before.
  • Most recent quarter Q2 FY2026: revenue $23.0B, up 47.7% from Q2 FY2025.
  • Net income rose 94.9% to $20.6B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where ELI LILLY’s fundamentals sit among the 198 pharmaceutical companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin83.0%
82nd percentile of 69
Net margin31.7%
86th percentile of 122
Revenue growth (YoY)+44.7%
72nd percentile of 187
ROE77.8%
99th percentile of 167
P/E37.7×
78th percentile of 60
Long-term debt / equity1.54×
89th percentile of 64
Short interest2.11d
18th percentile of 197

ELI LILLY’s return on equity of 77.8% ranks in the 99th percentile of the 167 pharmaceutical companies reporting it. ELI LILLY’s long-term debt to equity of 1.54 ranks in the 89th percentile of the 64 pharmaceutical companies reporting it. ELI LILLY’s net margin of 31.7% ranks in the 86th percentile of the 122 pharmaceutical companies reporting it.

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $16.0M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 9 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
9
+7 quant / multi-strat
Initiated / added
8
1 new, 7 added
Reduced / exited
7
7 trimmed, 0 exited
Combined position
$4.50B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$1.24B1.0MAdded
Citadel AdvisorsquantQ2 2026$1.13B945.5KAdded
Polen Capital ManagementQ2 2026$799.9M666.9KReduced
D. E. ShawquantQ2 2026$595.6M496.6KReduced
Millennium ManagementquantQ2 2026$219.1M182.7KReduced
Bridgewater AssociatesQ2 2026$104.4M87.0KAdded
Two Sigma InvestmentsquantQ2 2026$97.4M81.2KAdded
ARK Investment ManagementQ2 2026$92.7M77.3KAdded
Sands Capital ManagementQ2 2026$54.4M45.3KAdded
Dodge & CoxQ2 2026$49.5M41.3KReduced
Renaissance TechnologiesquantQ2 2026$31.3M26.1KReduced
Soros Fund ManagementQ2 2026$26.6M22.2KHeld
Gotham Asset ManagementQ2 2026$26.4M22.0KAdded
Duquesne Family OfficeQ2 2026$14.8M12.4KNew
Point72 Asset ManagementquantQ2 2026$12.6M10.5KReduced
Harris Associates (Oakmark)Q2 2026$516,954431Reduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
3
$16.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-17
filed 2026-08-18
Jonsson PatrikEVP & President, LLY Int'lSell6.5K$1175.10$7.6M
2026-08-10
filed 2026-08-11
Zakrowski Donald ASVP, Finance, & CAOSell2.0K$1185.01$2.4M
2026-08-07
filed 2026-08-10
Hakim AnatEVP, GC & SecretarySell5.0K$1190.00$6.0M
2026-06-10
filed 2026-06-11
Yuffa IlyaEVP&Pres, LLY USA&Global CapabSell2.5K$1150.77$2.9M
2026-05-06
filed 2026-05-07
LILLY ENDOWMENT INCInsiderSell13.6K$995.23$13.6M
2026-05-06
filed 2026-05-07
LILLY ENDOWMENT INCInsiderSell2.2K$996.18$2.2M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.6M
settled 2026-08-14
Change vs prior
-28.0%
vs previous settlement
Days to cover
2.11
at avg daily volume
Avg daily volume
3.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.6M-28.0%2.11
2026-07-319.1M-11.3%3.94
2026-07-1510.3M+9.9%4.07
2026-06-309.4M-3.2%2.58
2026-06-159.7M-1.4%3.01
2026-05-299.8M+16.2%2.96
2026-05-158.4M+7.2%2.53
2026-04-307.9M-3.1%2.23

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$65.18B$45.04B$34.12B$28.54B$28.32B
Gross profit$54.13B$36.63B$27.04B$21.91B$21.01B
Operating income
Net income$20.64B$10.59B$5.24B$6.24B$5.58B
Diluted EPS$22.95$11.71$5.80$6.90$6.12

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$7.27B$3.27B$2.82B$2.07B$3.82B
Current assets$55.63B$32.74B$25.73B$18.03B$18.45B
Total assets$112.48B$78.72B$64.01B$49.49B$48.81B
Current liabilities$35.23B$28.38B$27.29B$17.14B$15.05B
Long-term debt$40.87B$28.53B$18.32B$14.74B$15.35B
Total liabilities$85.94B$64.36B$53.14B$38.71B$39.65B
Total equity$26.54B$14.35B$10.86B$10.78B$9.15B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$16.81B$8.82B$4.24B$7.59B$7.37B
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$22.97B47.7%$7.09B$7.94
Q1 FY2026$19.80B55.5%$7.40B$8.26
Q4 FY2025$19.29B42.6%$6.64B$7.39
Q3 FY2025$17.60B53.9%$5.58B$6.21
Q2 FY2025$15.56B37.6%$5.66B$6.29
Q1 FY2025$12.73B45.2%$2.76B$3.06
Q4 FY2024$13.53B44.7%$4.41B$4.88
Q3 FY2024$11.44B20.4%$970.3M$1.07

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryPharmaceutical Preparations
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK59478

Selected SEC filings

10-K2026-02-12
View on EDGAR →
10-K2025-02-19
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
10-Q2025-10-30
View on EDGAR →
10-Q2025-08-07
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-05-20
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.