← Back to all articles

Articles · Earnings, Guidance Tracker

Bristol-Myers Squibb Company (BMY) Q3 2026 Earnings: Guidance Mixed

Q3 2026 (ended Sep 30, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • Bristol-Myers Squibb Company: mixed; revenue +6.9% vs a year earlier.

Bristol-Myers Squibb Company's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-29. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP)$13,069 million (+6.9% vs a year earlier)
Diluted EPS (GAAP)$1.05
Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs)$1.35
Full-year guidanceMixed

Guidance

Revenue guidance raised to ~$49.75–$50.25B; non-GAAP EPS range lowered to $6.35–$6.55 from $6.75–$7.00, including a $(0.60) IPRD/licensing impact.

Why this label: Revenue guide increased to $49.75-$50.25B, but non-GAAP EPS moved down to $6.35-$6.55 from $6.75-$7.00 (IPRD charges): core items in opposite directions.

MetricPeriodNewPrior (as stated in the release)
revenue (non-GAAP)FY2026~$49.75–$50.25 billion~$49.0–$50.0 billion
non-GAAP diluted EPSFY2026$6.35–$6.55$6.75–$7.00
other income/(expense)FY2026~$(650) million~$(700) million
gross marginFY2026~69%–70%~69%–70%
Eliquis worldwide revenue growthFY202620%–25%20%–25%

From the release

Revenue: "Total Revenues · $13,069 · $12,222 · 7 · % · 7 · %"

Earnings per share: "GAAP EPS was $1.05 and non-GAAP EPS was $1.35; Both figures include net impact of $(0.58) due to Acquired IPRD charges and licensing income"

revenue (non-GAAP): "Bristol Myers Squibb is increasing its full-year, non-GAAP revenue guidance from a range of approximately $49.0 billion to $50.0 billion to a range of approximately $49.75 billion to $50.25 billion."

non-GAAP diluted EPS: "Diluted EPS · $6.75 - $7.00 · $6.35 - $6.55"

other income/(expense): "Full-year other income/(expense) is now expected to be ~$650 million of expense, due to favorable net interest."

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: Raised 2026 revenue guidance to ~$49.75–$50.25 billion; Q3 revenue up 7%.

Source

Bristol-Myers Squibb Company earnings release (SEC filing), accession 0000014272-26-000022, filed 2026-10-29.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

Get the Sunday Recap by email

One email a week. Every issue is published on the site too, so this is only about getting it in your inbox.

Subscribing signs you up for the free YieldTerminal Sunday recap, one email a week. Educational only, not financial advice. Unsubscribe any time.

Educational commentary, not a recommendation to buy or sell anything.