Form 10-Q · Quarterly report

Johnson & Johnson 10-Q, filed Jul 23, 2026

Filed
CIK
0000200406
Accession no.
0000200406-26-000153
AI-generated summary

Summary

Johnson & Johnson reported fiscal first-half 2026 worldwide sales of $49.4 billion, up 8.2% from a year earlier, and fiscal second-quarter sales of $25.3 billion, up 6.6%, with biosimilar competition for STELARA cutting operational sales growth by roughly 5.0% and 4.6% in those periods. The company said it expects STELARA biosimilars to continue reducing its STELARA sales, and that SIMPONI biosimilars entered the European market in the second quarter of 2026 with a potential U.S. entrant later in 2026.

Key points

  • Innovative Medicine segment sales were $31.8 billion in the fiscal first half, up 9.4%, and $16.4 billion in the fiscal second quarter, up 7.8%.
  • TREMFYA sales rose 70.6% to $3.65 billion in the fiscal first half, while STELARA sales fell 57.4% to $1.40 billion.
  • CARVYKTI sales rose 55.1% to $1.25 billion and DARZALEX rose 20.6% to $8.17 billion in the fiscal first half.
  • SIMPONI biosimilars entered the European market in the second quarter of 2026, with a potential U.S. entrant later in 2026.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

Item 2 — Management’s discussion Results of operations Sales to customers Analysis of consolidated sales For the fiscal six months of 2026, worldwide sales were $49.4 billion, a total increase of 8.2%, including an operational* increase of 6.0% as compared to 2025 fiscal six months sales of $45.6 billion. Currency fluctuations had a positive impact of 2.2% for the fiscal six months of 2026. In the fiscal six months of 2026, acquisitions and divestitures had net positive impact of 0.5%, on worldwide operational sales growth, primarily related to CAPLYTA. …

An excerpt of the text as filed with the SEC, cut for length.

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