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Sanofi (SNY) Q2 2026 earnings results (second quarter 2026)

6-K filed Jul 30, 2026

Sanofi (SNY) reported revenue of $11.6B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +10% from the quarter before. Operating margin was 9.0%, net earnings $377M (3.3% of revenue).

Revenue$11.6B
Year over year+16%
Quarter over quarter+10%
Operating margin9.0%
Net earnings$377M

Sanofi, Q2 2026: revenue $11.6B (+16% year over year), operating margin 9.0%, net earnings $377M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$11.6B+10%+16%
Operating profit$1.0B-51%—
Net earnings$377M-77%—

What changed

Revenue was €11.6B in Q2 2026, up 16% year over year and up 10% from the previous quarter.

Gross margin was 80.0%, up 2.6 points from a year earlier. Operating profit was €1.0B, a 9.0% margin (down 5.7 points year over year). Operating profit fell €0.43B even though revenue rose €1.6B versus a year earlier, so costs grew faster than sales. Operating expenses grew 31% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+38%). Net earnings were €0.34B, down 91% year over year.

Questions

What was Sanofi's revenue in the second quarter 2026?

Sanofi (SNY) reported revenue of $11.6B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +10% from the quarter before.

Was Sanofi profitable in the second quarter 2026?

Operating profit was $1.0B (9.0% of revenue) and net earnings $377M.

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Source: Sanofi 6-K on SEC EDGAR.