Bristol Myers Squibb Company
BMY Healthcare Drug Manufacturers General
Bristol Myers Squibb Company’s revenue for fiscal 2025 (year ended December 2025) was $48.2 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 5.74%, EPS grew 153.1%, free cash flow fell 13.2% and total debt fell 12.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.
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Bristol Myers Squibb Company 10-Q filed Oct 29, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 30, 2026: 11 added · 7 removed · 38 modified; 17 with only figures updated; 1 moved without change
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Modified · EXECUTIVE SUMMARY
In 2026, we
made meaningful progress advancinghave achieved multiple regulatory approvals across ourpipelineportfolio,highlighted byincluding: (i)FDA acceptanceapproval of ourNDA forfirst CELMoD, Zenbexus (iberdomide), inRRMMcombination witha PDUFA datedaratumumab and hyaluronidase-fihj and dexamethasone for the treatment ofAugust 17, 2026adult patients with MM who have received at least one prior line of therapy including a proteasome inhibitor and an immunomodulatory agent in the U.S.; (ii)FDA acceptanceapproval ofour NDACamzyos formezigdomidepediatric patients with symptomatic oHCM inRRMM with a PDUFA datethe U.S.; (iii) approval of Sotyktu for the treatment ofMay 13, 2027adults with active PsA in the U.S. and EU; and (iiiiv)positive interimapproval of Opdivo for cHL in the U.S. and EU. We have also made meaningful progress advancing our pipeline, highlighted by: (i) topline PhaseIIIII results from theROSETTA Lung-02ALOFT-IPF study ofpumitamigadmilparant inpatientsadults withpreviously untreated advanced NSCLCIPF, which met its primary endpoint at the 60 mg dose; (ivii) positive topline interimresults from twoPhase IIIstudies conducted in China for iza-brenresults from the ACTION-1 study of RYZ101 inheavily pretreated, unresectable locally advanced or metastatic TNBC and recurrent or metastatic ESCCpatients with SSTR+ GEP-NETs who have progressed following Lu177-based therapy;and(viii) FDA acceptance of oursNDANDA forCamzyosmezigdomide inadolescentsRRMM withsymptomatic oHCM witha PDUFA date ofSeptember 30May 13,2026. Additionally, Sotyktu was approved in2027; (iv) positive interim Phase II results from theU.S. and EU forROSETTA Lung-02 study of pumitamig in patients with previously untreated advanced NSCLC; (v) positive topline Phase II results from thetreatmentregistrational QUINTESSENTIAL study ofadultsarlo-cel in adult patients withactive PsAquadruple-class exposed RRMM; andOpdivo was approved(vi) positive interim results from two Phase III studies conducted inthe U.S.China for iza-bren in heavily pretreated, unresectable locally advanced or metastatic TNBC andEU for cHLrecurrent or metastatic ESCC.