AstraZeneca Posts 6% Revenue Growth in First Half, Maintains Full-Year Forecast

Deep News
Jul 27

AstraZeneca PLC released its financial results for the first half and second quarter of 2026 today. The report indicates that total revenue for the first half reached $30.672 billion, representing a 6% increase year-on-year at constant exchange rates. Revenue for the second quarter was $15.384 billion, a 5% increase compared to the same period last year. The company has confirmed its full-year guidance for total revenue and core earnings per share, while reiterating its long-term goal of achieving $80 billion in total revenue by 2030.

Regarding key financial metrics, core earnings per share for the first half stood at $5.21, an 11% increase year-on-year. Core earnings per share for the second quarter were $2.63, a robust 18% increase year-on-year, surpassing market expectations of $2.48. Pre-tax profit was $2.799 billion, a decline of 11% year-on-year, while net profit reached approximately $2.51 billion, a 2% increase year-on-year. The company declared an interim dividend increase of 3 cents, bringing it to $1.06 per share.

By business segment, the oncology division remains the primary growth driver, with second-quarter revenue rising 16% to $7.327 billion. Revenue from the rare disease business grew by 9%, while the respiratory and immunology unit posted a 13% revenue increase. The Chief Executive Officer stated that the first-half performance was strong, with continued pipeline progress, including multiple positive Phase III trials and initial approvals in key markets. Despite a clinical trial that did not meet expectations earlier this month, the company expressed confidence in its pipeline strength, noting that over 20 high-value data readouts are expected over the next 18 months.

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