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GSK (GSK) Q1 2026 earnings results (first quarter 2026)

6-K filed Apr 29, 2026

GSK (GSK) reported revenue of $7.5B for the first quarter 2026 (Q1 2026). Operating margin was 29.5%, net earnings $1.6B (21.6% of revenue).

Revenue$7.5B
Year over year—
Quarter over quarter—
Operating margin29.5%
Net earnings$1.6B

GSK, Q1 2026: revenue $7.5B, operating margin 29.5%, net earnings $1.6B, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$7.5B——
Gross profit$5.6B——
Operating profit$2.2B——
Net earnings$1.6B——
Operating cash flow$1.4B——
Free cash flow$1.1B——

What changed

Revenue was £7.5B in Q1 2026.

Gross margin was 74.2%. Operating profit was £2.2B, a 29.5% margin. Net earnings were £1.6B. The effective tax rate was 15.9%.

Operating cash flow was £1.4B, 76% of net income including minority interests. Working capital and other items used £0.42B. Capital expenditures of £0.22B left free cash flow of £1.1B.

Questions

What was GSK's revenue in the first quarter 2026?

GSK (GSK) reported revenue of $7.5B for the first quarter 2026 (Q1 2026).

Was GSK profitable in the first quarter 2026?

Operating profit was $2.2B (29.5% of revenue) and net earnings $1.6B.

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Source: GSK 6-K on SEC EDGAR.