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Sanofi (SNY) Q1 2025 earnings results (first quarter 2025)

6-K filed Apr 24, 2025

Sanofi (SNY) reported revenue of $9.9B for the first quarter 2025 (Q1 2025), +11% from a year earlier. Operating margin was 23.1%, net earnings $1.9B (18.9% of revenue).

Revenue$9.9B
Year over year+11%
Quarter over quarter—
Operating margin23.1%
Net earnings$1.9B

Sanofi, Q1 2025: revenue $9.9B (+11% year over year), operating margin 23.1%, net earnings $1.9B, operating cash flow $2.1B. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$9.9B—+11%
Gross profit$7.7B—+14%
Operating profit$2.3B—+85%
Net earnings$1.9B—+65%
Operating cash flow$2.1B—24×

What changed

Revenue was €9.9B in Q1 2025, up 11% year over year.

Gross margin was 78.0%, up 2.3 points from a year earlier. Operating profit was €2.3B, a 23.1% margin (up 9.3 points year over year). Of the extra revenue versus a year earlier, 109% reached operating profit, above the 14% margin then. Operating expenses fell 2% while revenue rose 11%. Net earnings were €1.9B, up 65% year over year. The effective tax rate was 20.3%.

Operating cash flow was €2.1B (up 2278% year over year), 111% of net earnings. Working capital and other items added €0.20B.

Questions

What was Sanofi's revenue in the first quarter 2025?

Sanofi (SNY) reported revenue of $9.9B for the first quarter 2025 (Q1 2025), +11% from a year earlier.

Was Sanofi profitable in the first quarter 2025?

Operating profit was $2.3B (23.1% of revenue) and net earnings $1.9B.

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Source: Sanofi 6-K on SEC EDGAR.