PFIZER INC

PFE 10-Q · Q2 2025

PFE Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue (Q)
Show Product Lines breakouts
Product 11,954 10,871 +10.0%
Royalty 426 345 +23.5%
Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer 2,273 2,067 +10.0%
Show Product Lines breakouts
Total Alliance revenues [Member] 2,273 2,067 +10.0%
Revenue 14,653 13,283 +10.3%
Show Product Lines breakouts
Abrysvo [Member] · Biopharma [Member] 143 56 +155.4%
Adcetris [Member] · Biopharma [Member] 255 279 -8.6%
All other Hospital [Member] · Biopharma [Member] 1,087 1,146 -5.1%
All other Oncology [Member] · Biopharma [Member] 380 347 +9.5%
All other Primary Care [Member] · Biopharma [Member] 736 759 -3.0%
All other Specialty Care [Member] · Biopharma [Member] 390 429 -9.1%
Aromasin [Member] · Biopharma [Member] 111 87 +27.6%
Bosulif [Member] · Biopharma [Member] 149 167 -10.8%
Braftovi/Mektovi [Member] · Biopharma [Member] 182 148 +23.0%
Cibinqo [Member] · Biopharma [Member] 69 47 +46.8%
Comirnaty [Member] · Biopharma [Member] 381 195 +95.4%
Cresemba [Member] · Biopharma [Member] 111 71 +56.3%
Eliquis [Member] · Biopharma [Member] 2,003 1,877 +6.7%
Elrexfio [Member] · Biopharma [Member] 85 22 +286.4%
Enbrel (Outside the U.S. and Canada) [Member] · Biopharma [Member] 154 179 -14.0%
FSME-IMMUN/TicoVac [Member] · Biopharma [Member] 109 100 +9.0%
Genotropin [Member] · Biopharma [Member] 106 119 -10.9%
Ibrance [Member] · Biopharma [Member] 1,049 1,130 -7.2%
Inflectra [Member] · Biopharma [Member] 139 97 +43.3%
Inlyta [Member] · Biopharma [Member] 243 252 -3.6%
Lorbrena [Member] · Biopharma [Member] 251 169 +48.5%
Nurtec ODT/Vydura [Member] · Biopharma [Member] 359 356 +0.8%
Oncology Biosimilars [Member] · Biopharma [Member] 353 279 +26.5%
Padcev [Member] · Biopharma [Member] 542 394 +37.6%
Paxlovid [Member] · Biopharma [Member] 427 251 +70.1%
Pfizer CentreOne [Member] 328 278 +18.0%
Pfizer Ignite [Member] 20 15 +33.3%
Prevnar Family [Member] · Biopharma [Member] 1,383 1,359 +1.8%
Sulperazon (Outside the U.S. and Canada) [Member] · Biopharma [Member] 166 144 +15.3%
Talzenna [Member] · Biopharma [Member] 46 32 +43.8%
Tivdak [Member] · Biopharma [Member] 46 33 +39.4%
Tukysa [Member] · Biopharma [Member] 132 121 +9.1%
Vyndaqel family [Member] · Biopharma [Member] 1,615 1,323 +22.1%
Xeljanz [Member] · Biopharma [Member] 322 303 +6.3%
Xtandi [Member] · Biopharma [Member] 566 495 +14.3%
Zavicefta (Outside the U.S. and Canada) [Member] · Biopharma [Member] 163 150 +8.7%
Zithromax [Member] · Biopharma [Member] 56 74 -24.3%
Show Business Segments breakouts
Biopharma [Member] 14,305 12,991 +10.1%
Biopharma [Member] · International Commercial Division [Member] 5,512 5,163 +6.8%
Biopharma [Member] · Oncology [Member] 4,387 3,956 +10.9%
Biopharma [Member] · Operating Segments 14,305 12,991 +10.1%
Biopharma [Member] · Primary Care [Member] 5,540 4,952 +11.9%
Biopharma [Member] · Specialty Care [Member] 4,378 4,083 +7.2%
Biopharma [Member] · U.S. Commercial Division [Member] 8,793 7,828 +12.3%
Show Geography breakouts
International Developed Markets [Member] 3,393 3,164 +7.2%
International Emerging Markets [Member] 2,366 2,227 +6.2%
US 8,894 7,892 +12.7%
Show Consolidation Items breakouts
Corporate Non Segment 348 292 +19.2%
Cost of Revenue 3,778 3,300 +14.5%
Show Business Segments breakouts
Biopharma [Member] 3,075 2,411 +27.5%
Selling, General & Administrative 3,415 3,717 -8.1%
Show Business Segments breakouts
Biopharma [Member] 2,305 2,473 -6.8%
Research And Development Expense Excluding Acquired In Process Cost 2,482 2,696 -7.9%
Show Business Segments breakouts
Biopharma [Member] 2,109 2,293 -8.0%
Research And Development Asset Acquired Other Than Through Business Combination Written Off 2 6 -66.7%
Show Business Segments breakouts
Biopharma [Member] 2 7 -71.4%
Amortization Of Intangible Assets Not Associated With Single Function 1,211 1,307 -7.3%
Restructuring Charges And Acquisition Related Costs -18 1,254 -101.4%
Other Non-Operating Income (Expense) 739 1,107 -33.2%
Show Business Segments breakouts
Biopharma [Member] -115 -90 -27.8%
Income Before Taxes 3,044 -103 +3055.3%
Show Business Segments breakouts
Biopharma [Member] 6,929 5,897 +17.5%
Biopharma [Member] · Operating Segments 6,929 5,897 +17.5%
Show Consolidation Items breakouts
Corporate Non Segment -1,799 -1,985 +9.4%
Material Reconciling Items · Acquisition-Related Items [Member] -338 -617 +45.2%
Material Reconciling Items · Amortization of Intangible Assets [Member] -1,211 -1,307 +7.3%
Material Reconciling Items · Certain Significant Items [Member] -537 -2,091 +74.3%
Income Tax Expense (Benefit) 141 -134 +205.2%
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest 2,903 31 +9264.5%
Income Loss From Discontinued Operations Net Of Tax 25 17 +47.1%
Net Income 2,928 48 +6000.0%
Show Equity Components breakouts
Noncontrolling Interest 18 7 +157.1%
Parent 2,910 41 +6997.6%
Retained Earnings 2,910 41 +6997.6%
Net Income Loss Attributable To Noncontrolling Interest 18 7 +157.1%
Net Income 2,910 41 +6997.6%
Income Loss From Continuing Operations Per Basic Share 0.51 0.01 +5000.0%
EPS (Basic) 0.51 0.01 +5000.0%
Income Loss From Continuing Operations Per Diluted Share 0.51 0.01 +5000.0%
EPS (Diluted) 0.51 0.01 +5000.0%
Wtd Avg Shares (Basic) 5,685 5,666 +0.3%
Wtd Avg Shares (Diluted) 5,706 5,696 +0.2%
Interest Income -156 -130 -20.0%
Comprehensive Income 3,053 -17 +18058.8%
Net Income Loss Available To Common Stockholders Basic 2,910 41 +6997.6%
Interest Expense 654 778 -15.9%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 1,638 1,052 +55.7%
Accounts Receivable 12,078 11,393 +6.0%
Inventory 11,669 11,447 +1.9%
Other Tax Assets Current 4,016 3,694 +8.7%
Other Assets Current 2,690
Total Current Assets 43,703 37,825 +15.5%
Non-Current Assets
Property, Plant & Equipment 18,776 18,957 -1.0%
Goodwill 68,997
Deferred Tax Assets Net And Other Tax Assets Noncurrent 10,343 7,867 +31.5%
Other Non-Current Assets 9,455 10,710 -11.7%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 · Fair Value Measurements Recurring 1,009 1,246 -19.0%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 1,009 1,246 -19.0%
Total Assets 206,095 216,193 -4.7%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 1,118 2,210 -49.4%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 12,503 7,112 +75.8%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 13,621 9,322 +46.1%
Intangible Assets 34,028
Show Finite Lived Intangible Assets By Major Class breakouts
Developed Technology Rights 32,629
License Agreements and Other [Member] 1,137
Trade Names 262
Long Term Investments 2,120 11,149 -81.0%
Other Assets
Other Short Term Investments 11,611 6,048 +92.0%
Equity Method Investments 224
Other Long Term Investments 1,896 3,119 -39.2%
Intangible Assets Net Excluding Goodwill 52,702
Current Liabilities
Debt Current 4,295 11,944 -64.0%
Accounts Payable 5,166 5,106 +1.2%
Dividends Payable Current 2,445 2,380 +2.7%
Taxes Payable Current 3,675 2,884 +27.4%
Employee Related Liabilities Current 2,447 2,566 -4.6%
Deferred Revenue (Current) 1,123 2,528 -55.6%
Show Product Lines breakouts
Paxlovid and Comirnaty [Member] · Government and Government Sponsored [Member] 1 2.5 -60.0%
Other Liabilities Current 18,575 16,410 +13.2%
Show Product Lines breakouts
Comirnaty [Member] · BioNTech [Member] 94
Total Current Liabilities 37,726 43,819 -13.9%
Current Portion of Long-Term Debt 4,246 3,745 +13.4%
Non-Current Liabilities
Long-Term Debt 57,502 57,506 -0.0%
Show Long-Term Debt Type breakouts
Unsecured Debt 57,502 57,506 -0.0%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 2,130 2,040 +4.4%
Deferred Tax Liabilities 2,481 2,227 +11.4%
Liability For Uncertain Tax Positions Noncurrent 3,313 6,532 -49.3%
Other Non-Current Liabilities 13,931 16,095 -13.4%
Total Liabilities 117,083 128,218 -8.7%
Long-Term Debt (Q)
Show Derivative Risk breakouts
Foreign currency long-term debt [Member] 878 799 +9.9%
Contract With Customer Liability Noncurrent (Q)
Show Product Lines breakouts
Paxlovid and Comirnaty [Member] · Government and Government Sponsored [Member] 906 1.8 +50233.3%
Other Liabilities
Minority Interest 317 275 +15.3%
Stockholders' Equity
Common Stock 481 480 +0.2%
Additional Paid-In Capital 94,053 93,197 +0.9%
Treasury Stock Common Value -115,010 -114,757 -0.2%
Retained Earnings 117,609 116,596 +0.9%
Accumulated Other Comprehensive Income -8,438 -7,816 -8.0%
Total Stockholders' Equity 88,695 87,700 +1.1%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 89,012 87,975 +1.2%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment Net Prior Service Cost Credit 115 84 +36.9%
Accumulated Gain Loss Net Cash Flow Hedge Parent -589 -77 -664.9%
Accumulated Net Unrealized Investment Gain Loss 75 -1 +7600.0%
Accumulated Other Comprehensive Income -8,438 -7,816 -8.0%
Accumulated Translation Adjustment -8,040 -7,822 -2.8%
Additional Paid In Capital 94,053 93,197 +0.9%
Common Stock 481 480 +0.2%
Noncontrolling Interest 317 275 +15.3%
Parent 88,695 87,700 +1.1%
Retained Earnings 117,609 116,596 +0.9%
Treasury Stock Common -115,010 -114,757 -0.2%
Total Liabilities & Equity 206,095 216,193 -4.7%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 3,243 3,467 -6.5%
Show Business Segments breakouts
Biopharma [Member] · Operating Segments 671 667 +0.6%
Show Consolidation Items breakouts
Corporate Non Segment 147 177 -16.9%
Material Reconciling Items · Acquisition-Related Items [Member] -3 2 -250.0%
Material Reconciling Items · Amortization of Intangible Assets [Member] 2,421 2,615 -7.4%
Material Reconciling Items · Certain Significant Items [Member] 7 5 +40.0%
Asset Write Offs And Asset Impairment Charges 498 431 +15.5%
Deferred Income Taxes -935 -1,224 +23.6%
Stock-Based Compensation 373 426 -12.4%
Pension And Other Postretirement Benefit Contributions Net Of Pension And Other Postretirement Benefit Expense -334 -338 +1.2%
Other Non-Cash Items -61 260 -123.5%
Increase Decrease In Operating Capital -6,908 -6,871 -0.5%
Net Cash from Operations 1,753 -691 +353.7%
Investing Activities
Capital Expenditures -1,182 -1,341 +11.9%
Payments To Acquire Short Term Investments -6,085 -1,254 -385.2%
Proceeds From Sale Maturity And Collection Of Shortterm Investments 10,500 1,712 +513.3%
Payments For Proceeds From Short Term Investments With Original Maturities Of Three Months Or Less -2,668 3,538 -175.4%
Payments To Acquire Marketable Securities -86 -108 +20.4%
Proceeds From Sale Maturity And Collection Of Longterm Investments 145 312 -53.5%
Proceeds From Sale Of Equity Method Investments 6,311 3,491 +80.8%
Other Investing Activities 288 -18 +1700.0%
Net Cash from Investing 7,225 6,332 +14.1%
Financing Activities
Repayments Of Short Term Debt -2,199 -4,852 +54.7%
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less -903 -1,101 +18.0%
Proceeds From Issuance Of Long Term Debt 3,687
Repayments Of Long Term Debt -3,750 -2,250 -66.7%
Payments Of Ordinary Dividends -4,882 -4,752 -2.7%
Proceeds From Payments For Other Financing Activities -377 -449 +16.0%
Net Cash from Financing -8,423 -7,390 -14.0%
Supplemental
Income Taxes Paid 3,493 2,686 +30.0%
Interest Paid 1,483 1,553 -4.5%
Interest Paid Received Interest Rate Hedges 29 -2 +1550.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 34 -46 +173.9%
Net Change in Cash 588 -1,794 +132.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,694 1,123 +50.8%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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