Lilly beats forecasts as Mounjaro, Zepbound drive 48% revenue surge

6 August 2026

US pharma major Eli Lilly (NYSE: LLY) reported second-quarter 2026 revenue of $23 billion, up 48% year-on-year from $15.6 billion in the second quarter of 2025 and well ahead of Wall Street forecasts of around $20.7 billion.

Reported earnings per share (EPS) came in at $7.94, up 26%, while non-generally agreed accounting principles (GAAP) EPS reached $8.38, up 33% and comfortably beating analyst consensus estimates of roughly $6.50-6.60. Shares rose approximately 3% in the immediate aftermath of the results.

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