Perrigo Company plc (PRGO) Income Statement
PRGO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPRGO revenue and net income
Where PRGO's revenue goes
2025Each bar shows an amount and its share of revenue. PRGO kept −33.5% of revenue as net income.
PRGO profit margins
PRGO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.8% | −1.5% | +0.8% | −0.8% |
| Gross profit | −3.1% | +0.9% | −0.0% | −1.4% |
| Operating income | +204.1% | +63.3% | +5.3% | −7.5% |
| Net income | — | — | — | — |
| EPS (diluted) | +37.7% | +9.8% | −7.4% | −9.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PRGO quarterly EPS vs estimates
Perrigo beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.57).
PRGO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.25B | $4.37B | $4.66B | $4.45B | $4.14B | $4.09B | $3.87B | $4.73B | $4.95B | $5.28B |
| Cost of revenue | $2.76B | $2.83B | $2.98B | $3.00B | $2.72B | $2.59B | $2.44B | $2.90B | $2.97B | $3.23B |
| Gross profit | $1.49B | $1.54B | $1.68B | $1.46B | $1.42B | $1.49B | $1.43B | $1.83B | $1.98B | $2.05B |
| Research & development | $95.4M | $112.2M | $122.5M | $123.1M | $122.0M | $121.7M | $119.2M | $218.6M | $167.7M | $184.0M |
| Sales, general & admin | $1.06B | $1.11B | $1.27B | $1.21B | $482.0M | $1.11B | $1.10B | $1.13B | $461.1M | $1.21B |
| Total operating expenses | $1.15B | $1.43B | $1.53B | $1.38B | $1.01B | $1.23B | $1.26B | $1.35B | $1.27B | $1.39B |
| Operating income | $343.3M | $112.9M | $151.9M | $78.9M | $410.4M | $265.2M | $174.7M | $236.5M | $598.2M | −$2.00B |
| Interest income | — | — | — | — | — | $131.2M | $96.3M | $120.4M | $154.5M | $218.5M |
| Interest expense | $162.5M | $187.8M | $173.8M | $156.0M | $125.0M | $127.7M | $126.5M | $129.0M | $173.4M | $218.8M |
| Income before taxes | −$1.30B | −$80.7M | −$8.3M | −$139.1M | $258.7M | $5.9M | $148.0M | $290.6M | $280.1M | −$4.85B |
| Income taxes | $104.4M | $80.0M | −$3.9M | −$8.2M | $389.6M | −$38.3M | −$10.7M | $159.6M | $160.5M | −$835.5M |
| Net income | −$1.43B | −$171.8M | −$12.7M | −$140.6M | −$68.9M | −$162.6M | $146.1M | $131.0M | $119.6M | −$4.01B |
| EBITDA | −$797.9M | $433.0M | $525.0M | $355.5M | $695.9M | $518.4M | $662.0M | $906.0M | $1.14B | −$4.18B |
| EPS (diluted) | $2.74 | $1.99 | $2.58 | $2.07 | $2.05 | $4.03 | $4.03 | $4.54 | $4.94 | $6.98 |
| Gross margin | 35.1% | 35.3% | 36.1% | 32.7% | 34.2% | 36.6% | 37.0% | 38.7% | 40.0% | 38.9% |
| Operating margin | 8.1% | 2.6% | 3.3% | 1.8% | 9.9% | 6.5% | 4.5% | 5.0% | 12.1% | −37.9% |
| Net margin | −33.5% | −3.9% | −0.3% | −3.2% | −1.7% | −4.0% | 3.8% | 2.8% | 2.4% | −76.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.02B | $969.2M | $1.11B | $1.04B | $1.06B | $1.04B | $1.14B | $1.09B | $1.07B | $1.08B | $1.16B | $1.12B |
| Cost of revenue | $708.9M | $643.7M | $747.4M | $666.2M | $693.4M | $651.6M | $752.4M | $683.1M | $670.8M | $724.4M | $729.6M | $712.6M |
| Gross profit | $313.9M | $325.5M | $362.2M | $377.1M | $362.9M | $392.3M | $385.9M | $404.4M | $394.7M | $357.7M | $427.3M | $411.2M |
| Research & development | $23.7M | $24.6M | $21.8M | $24.9M | $22.0M | $26.7M | $27.8M | $26.0M | $29.4M | $29.0M | $29.6M | $29.6M |
| Sales, general & admin | $229.5M | $267.3M | $319.4M | $221.5M | $273.1M | $281.2M | $234.8M | $271.5M | $300.8M | $305.6M | $306.8M | $304.0M |
| Total operating expenses | $290.5M | $291.9M | $277.5M | $304.5M | $317.5M | $345.4M | $271.7M | $324.0M | $421.2M | $412.9M | $442.9M | $349.1M |
| Operating income | $23.5M | $34.2M | $84.7M | $72.6M | $45.4M | $46.9M | $114.2M | $80.4M | −$26.5M | −$55.2M | −$15.6M | $62.1M |
| Interest expense | $38.4M | $40.8M | $29.9M | $54.0M | $39.6M | $39.0M | $43.1M | $57.6M | $44.1M | $43.0M | $42.7M | $43.5M |
| Income before taxes | $105.4M | −$408.5M | −$1.33B | $22.4M | $3.2M | $8.3M | $70.0M | $21.8M | −$74.0M | −$98.6M | −$54.3M | $19.2M |
| Income taxes | $16.9M | −$18.7M | $82.8M | $9.7M | $3.7M | $8.2M | $111.5M | $39.4M | $31.7M | −$102.7M | −$26.6M | $3.8M |
| Net income | $74.5M | −$398.6M | −$1.42B | $7.5M | −$8.4M | −$6.4M | −$44.5M | −$21.0M | −$108.4M | $2.0M | −$32.3M | $14.2M |
| EBITDA | $322.9M | −$284.4M | −$1.25B | $161.8M | $129.1M | $127.2M | $193.4M | $161.7M | $52.0M | $25.8M | $74.3M | $153.7M |
| EPS (diluted) | $0.50 | $0.43 | $0.77 | $0.80 | $0.57 | $0.60 | $0.36 | $0.81 | $0.53 | $0.29 | $0.86 | $0.64 |
| Gross margin | 30.7% | 33.6% | 32.6% | 36.1% | 34.4% | 37.6% | 33.9% | 37.2% | 37.0% | 33.1% | 36.9% | 36.6% |
| Operating margin | 2.3% | 3.5% | 7.6% | 7.0% | 4.3% | 4.5% | 10.0% | 7.4% | −2.5% | −5.1% | −1.3% | 5.5% |
| Net margin | 7.3% | −41.1% | −127.8% | 0.7% | −0.8% | −0.6% | −3.9% | −1.9% | −10.2% | 0.2% | −2.8% | 1.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PRGO's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PRGO financial results
In fiscal year 2025 (ended December 31, 2025), Perrigo reported revenue of $4.3 billion, down 2.8% from the year before. It had a net loss of $1.4 billion, a net profit margin of −33.5%. Diluted earnings per share came to $2.74. Over five years revenue grew at an average rate of 0.8% a year.
See the PRGO stock overview for the latest quote and news, or the PRGO chart for price history and technical indicators.
PRGO income statement FAQ
What is Perrigo's annual revenue?
Perrigo reported total revenue of $4.3 billion for fiscal year 2025, which ended on December 31, 2025. That was down 2.8% from $4.4 billion the previous year.
Is Perrigo profitable?
No. Perrigo reported a net loss of $1.4 billion in fiscal 2025, a net profit margin of −33.5%; its operating margin was 8.1%.
What is Perrigo's gross margin?
Perrigo's gross margin was 35.1% in fiscal 2025: for every $100 of revenue, Perrigo kept $35 after the direct cost of its products and services.
How much does Perrigo spend on research and development?
Perrigo spent $95.4 million on research and development in fiscal 2025, 2.2% of revenue.
How fast is Perrigo growing?
Revenue grew 0.8% a year on average over the last five fiscal years, from $4.1 billion to $4.3 billion.
What are Perrigo's earnings per share?
Perrigo earned $2.74 per diluted share in fiscal 2025, compared with $1.99 a year earlier.
When will Perrigo report its next earnings?
Perrigo is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Perrigo's fiscal year end?
Perrigo's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.