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Sanofi (SNY) earnings and revenue breakdown
Latest: Q3 2026 · 6-K filed Oct 30, 2026 · Sanofi (SNY) Q3 2026 earnings results →
Q3 2026 Revenue up 16% year over year to $14.4B · 21¢ of every $1 of revenue kept as net profit · operating margin 30.1%
Sanofi made $14.4B in Q3 2026 (+16% Y/Y): Sales at constant exchange rates $14.2B, Effect of exchange rates $228M. Operating margin 30.1%, net earnings $3.0B. See where every dollar goes — costs, profit and cash — as a Sankey from the 6-K filed Oct 30, 2026.
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Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was €14.4B in Q3 2026, up 16% year over year. Sales at constant exchange rates was the largest line at 98% of revenue.
Gross margin was 80.3%, up 1.8 points from a year earlier. Operating profit was €4.3B, a 30.1% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 29% margin then. Operating expenses grew 18% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+26%). Net earnings were €3.0B, up 8% year over year. The effective tax rate was -65.2%.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 6-K | Oct 30, 2026 | $14.4B | +16% | 30.1% | $3.0B | — |
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
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Sanofi against its Pharmaceutical Preparations peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +16% against the peers' median +6%. Operating margin: 30.1% against the peers' median 30.1%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| SNY Sanofi | Q3 2026 | $16.6B | +16% | 30.1% |
| NVO Novo Nordisk A S | FY2025 | $46.8B | +6% | 41.3% |
| JNJ Johnson & Johnson | Q3 2026 | $25.4B | +6% | 0.1% |
| LLY ELI Lilly | Q3 2026 | $24.4B | +39% | 34.5% |
| MRK Merck | Q3 2026 | $18.1B | +5% | 30.7% |
| ABBV AbbVie | Q3 2026 | $17.4B | +10% | 36.0% |
| PFE Pfizer | Q3 2026 | $16.6B | -0.4% | 20.4% |
| NVS Novartis AG | Q3 2026 | $14.5B | +4% | 12.7% |
| BMY Bristol Myers Squibb | Q3 2026 | $13.1B | +7% | 19.4% |
Source: Sanofi 6-K on SEC EDGAR · CIK 1121404 · Pharmaceutical Preparations
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History
Every quarter: Q3 2026 results