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NYSE · Healthcare

Teva Pharmaceutical Industries Ltd. (TEVA)

As-reported financials and SEC filings for Teva Pharmaceutical Industries Ltd. 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 Teva Pharmaceutical Industries Ltd.

Teva Pharmaceutical Industries Ltd is a global biopharmaceutical company headquartered in Israel. It develops, manufactures, and markets generic medicines, biosimilars, innovative medicines, and over-the-counter products across the United States, Europe, and international markets. Teva serves patients, healthcare providers, and pharmaceutical distributors worldwide through its diverse portfolio, including treatments for central nervous system disorders, oncology, respiratory conditions, and multiple sclerosis.

Snapshot

Revenue
$17.26B
Revenue growth (YoY)
4.3%
Net income
$1.41B
Diluted EPS
$1.21
Gross margin
51.8%
Operating margin
12.5%
Net margin
8.2%
FCF margin
6.7%
ROE
17.8%
net income / fiscal-year-end equity
P/E
70.3×
trailing when available, otherwise FY EPS
Market cap
$48.40B
Long-term debt / equity
—
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 Teva Pharmaceutical Industries

  • Revenue grew 4.3% to $17.3B in FY2025, in line with the 4.4% the year before.
  • Operating margin is 12.5% in FY2025, +1.7 pp against 10.8% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $4.1B, down 0.8% from Q2 FY2025.
  • Free cash flow was $1.1B in FY2025, 6.7% of revenue.
  • Net income turned positive at $1.4B in FY2025, from a $1.6B loss in FY2024.

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 Teva Pharmaceutical Industries’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 margin51.8%
29th percentile of 69
Operating margin12.5%
68th percentile of 112
Net margin8.2%
65th percentile of 121
FCF margin6.7%
56th percentile of 110
Revenue growth (YoY)+4.3%
41st percentile of 188
ROE17.8%
83rd percentile of 167
P/E70.3×
84th percentile of 50
Short interest5.40d
48th percentile of 197

No reported insider purchases (code P) in the last 90 days; 11 insider sales totaling $17.0M. For context, about 15% 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 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$332.9M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$110.6M3.3MAdded
Greenlight CapitalQ2 2026$97.8M2.9MReduced
Bridgewater AssociatesQ2 2026$44.9M1.3MAdded
Point72 Asset ManagementquantQ2 2026$35.9M1.1MReduced
Duquesne Family OfficeQ2 2026$21.2M625.0KReduced
Two Sigma InvestmentsquantQ2 2026$7.8M231.3KReduced
D. E. ShawquantQ2 2026$6.1M180.6KAdded
AQR Capital ManagementquantQ2 2026$3.6M107.7KAdded
Citadel AdvisorsquantQ2 2026$2.5M73.3KNew
ARK Investment ManagementQ2 2026$2.3M68.7KAdded

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)
11
$17.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-18
filed 2026-09-22
Roberto MignoneDirectorSell367.6K$39.06$14.4M
2026-09-18
filed 2026-09-22
Brian SavageInterim Chief Legal OfficerSell4.5K$38.69$174K
2026-09-18
filed 2026-09-22
Brian SavageInterim Chief Legal OfficerSell2.5K$39.15$99K
2026-09-18
filed 2026-09-22
Brian SavageInterim Chief Legal OfficerSell314$38.70$12K
2026-08-21
filed 2026-08-25
Amir WeissChief Accounting OfficerSell6.9K$37.61$261K
2026-08-21
filed 2026-08-25
Amir WeissChief Accounting OfficerSell2.5K$37.63$94K
2026-08-21
filed 2026-08-25
Ronit Satchi-FainaroDirectorSell415$37.25$15K
2026-08-17
filed 2026-08-19
Evan LippmanEVP, Business DevelopmentSell18.6K$36.57$680K
2026-08-05
filed 2026-08-10
Tal Zvi ZaksDirectorSell17$34.87$593
2026-08-03
filed 2026-08-05
Eric A. HughesSee "Remarks"Sell25.6K$34.88$892K
2026-08-03
filed 2026-08-05
Placid JoverSee "Remarks"Sell12.8K$34.88$447K
2026-06-18
filed 2026-06-22
Matthew ShieldsEVP, Global OperationsSell10.0K$32.19$322K

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
29.8M
settled 2026-09-30
Change vs prior
-5.2%
vs previous settlement
Days to cover
5.40
at avg daily volume
Avg daily volume
5.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3029.8M-5.2%5.40
2026-09-1531.5M+11467.5%27.35
2026-08-3137.6M+5.5%7.71
2026-08-1435.7M+3.9%6.63
2026-07-3134.3M+4.8%5.74
2026-07-1532.7M+2.2%6.51
2026-06-3032.0M-4.0%5.10
2026-06-1533.3M-1.5%5.42

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$17.26B$16.54B$15.85B$14.93B$15.88B
Gross profit
Operating income$2.16B$-303.0M$433.0M$-2.20B$1.72B
Net income$1.41B$-1.64B$-559.0M$-2.45B$417.0M
Diluted EPS$1.21$-1.45$-0.50$-2.20$0.38

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 (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$3.56B$3.30B$3.23B$2.80B$2.17B
Current assets$13.95B$12.55B$12.48B$12.05B$12.57B
Total assets$40.75B$39.33B$43.48B$44.01B$47.67B
Current liabilities$13.46B$12.80B$12.25B$11.47B$11.03B
Long-term debt—————
Total liabilities$32.83B$33.61B$35.35B$35.41B$36.42B
Total equity$7.91B$5.38B$8.13B$8.60B$11.24B

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 (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.65B$1.25B$1.37B$1.59B$798.0M
Capital expenditure$501.0M$498.0M$526.0M$548.0M$562.0M
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 (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$4.14B-0.8%$-576.0M$-0.49
Q1 FY2026$3.98B2.3%$369.0M$0.31
Q4 FY202511.4%
Q3 FY2025$4.48B3.4%$433.0M$0.37
Q2 FY2025$4.18B0.3%$282.0M$0.24
Q1 FY2025$3.89B1.9%$214.0M$0.18
Q4 FY2024-5.1%
Q3 FY2024$4.33B12.5%$-437.0M$-0.39

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryPharmaceutical Preparations
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK818686

Selected SEC filings

10-K2026-02-03
View on EDGAR →
10-K2025-02-05
View on EDGAR →
10-Q2026-07-29
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-07-30
View on EDGAR →
8-K2026-09-16
View on EDGAR →
8-K2026-09-14
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocks →All 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.