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Benzinga

Eli Lilly shares rise after Q2 revenue jumps 48% to $22.97 billion and adjusted EPS tops estimates

AI Market Summary
Eli Lilly's Q2 results beat expectations, led by strong GLP-1 demand: Mounjaro and Zepbound generated $14.9B and added $6.3B YoY. Revenue rose 48% to $22.97B and adjusted EPS reached $8.38, both above consensus. Management highlighted expanding manufacturing capacity, pipeline progress, and raised FY2026 revenue guidance, reinforcing confidence in sustained growth despite lower realized prices.
Impact level
● Medium
Affected assets
NCSKLLY2USD/USDT+4.95%
AI Insight · NCSKLLY2USD/USDTAI Insight
▲ Bullish
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Eli Lilly reported second-quarter revenue of $22.97 billion, up 48% year over year and above the $20.73 billion consensus estimate, while adjusted earnings were $8.38 per share versus $6.01 expected. Sales of its diabetes and weight-loss drugs Mounjaro and Zepbound totaled $14.9 billion, up $6.3 billion from a year earlier, reflecting sustained demand. The company is expanding manufacturing capacity and its product lineup to reinforce its lead in the GLP-1 market. The results helped lift the stock.