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Alcon (ALC) Q4 2025 earnings results (fourth quarter 2025)

6-K filed Feb 24, 2026

Alcon (ALC) reported revenue of $2.7B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier. Operating margin was 11.5%, net earnings $217M (8.0% of revenue).

Revenue$2.7B
Year over year+9%
Quarter over quarter—
Operating margin11.5%
Net earnings$217M

Alcon, Q4 2025: revenue $2.7B (+9% year over year), operating margin 11.5%, net earnings $217M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$2.7B—+9%
Gross profit$1.5B—+9%
Operating profit$313M—-21%
Net earnings$217M—-24%

What changed

Revenue was $2.7B in Q4 2025, up 9% year over year.

Gross margin was 55.8%, up 0.4 points from a year earlier. Operating profit was $0.31B, a 11.5% margin (down 4.3 points year over year). Operating profit fell $0.08B even though revenue rose $0.22B versus a year earlier, so costs grew faster than sales. Operating expenses grew 22% against revenue growth of 9%. Net earnings were $0.22B, down 24% year over year. The effective tax rate was 17.8%.

Questions

What was Alcon's revenue in the fourth quarter 2025?

Alcon (ALC) reported revenue of $2.7B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier.

Was Alcon profitable in the fourth quarter 2025?

Operating profit was $313M (11.5% of revenue) and net earnings $217M.

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Source: Alcon 6-K on SEC EDGAR.