Q4 25 EPS
$2.46
BEAT +0.00%
Est. $2.46
Q4 25 Revenue
$24.56B
vs S&P Since Q4 25
+0.8%
BEATING MARKET
JNJ +5.4% vs S&P +4.6%
Full Year 2025 Results
FY 25 EPS
$10.79
MISS 0.13%
Est. $10.80
FY 25 Revenue
$94.19B
BEAT +0.46%
Est. $93.76B
Market Reaction
Did JNJ Beat Earnings? Q4 2025 Results
Johnson & Johnson closed out 2025 on a high note, reporting Q4 revenue of $24.56 billion, up 9.1% year-over-year and ahead of the $24.13 billion Wall Street had expected, while adjusted EPS of $2.46 matched consensus exactly, representing a 20.6% jum… Read more Johnson & Johnson closed out 2025 on a high note, reporting Q4 revenue of $24.56 billion, up 9.1% year-over-year and ahead of the $24.13 billion Wall Street had expected, while adjusted EPS of $2.46 matched consensus exactly, representing a 20.6% jump from the prior-year period. The standout driver was the Innovative Medicine segment, where oncology powerhouse DARZALEX surged 26.6% to $3.90 billion and TREMFYA soared 67.6% to $1.59 billion, more than offsetting a steep 47.7% decline in STELARA amid biosimilar pressure. MedTech contributed meaningfully as well, with cardiovascular sales climbing 11.5% to $2.30 billion, a gain that comes as J&J makes inroads in electrophysiology, adding competitive pressure on rivals in the pulsed field ablation space. Full-year sales reached $94.19 billion, and management is guiding for roughly $100.50 billion in 2026 revenue alongside adjusted EPS of $11.53, projections that reflect confidence in a diversified growth trajectory anchored by oncology momentum and a planned Orthopaedics separation.
Key Takeaways
- • DARZALEX, CARVYKTI, ERLEADA, and RYBREVANT/LAZCLUZE driving Oncology growth
- • TREMFYA and SIMPONI/SIMPONI ARIA driving Immunology growth despite STELARA biosimilar erosion
- • SPRAVATO and CAPLYTA driving Neuroscience growth
- • Electrophysiology products and Abiomed driving MedTech Cardiovascular growth
- • Wound closure products driving General Surgery growth
- • Shockwave acquisition contributing to MedTech growth
JNJ YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
JNJ Revenue by Segment
With YoY comparisons, source: SEC Filings
JNJ Revenue by Geography
With YoY comparisons, source: SEC Filings
“2025 was a catapult year for Johnson & Johnson, fueled by the strongest portfolio and pipeline in our history”
— Joaquin Duato, Q4 2025 Earnings Press Release
JNJ Earnings Trends
JNJ vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
JNJ EPS Trend
Earnings per share: estimate vs actual
JNJ Revenue Trend
Quarterly revenue: estimate vs actual
JNJ Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $2.70 | — | $24.06B | +1.89% |
| Q4 25 BEAT FY | $2.46 | $2.46 | +0.00% | $24.56B | — |
| FY Full Year | $10.80 | $10.79 | -0.13% | $94.19B | +0.46% |
| Q3 25 BEAT | $2.76 | $2.80 | +1.49% | $23.99B | +1.00% |
| Q2 25 BEAT | $2.68 | $2.77 | +3.43% | $23.74B | +3.88% |
| Q1 25 BEAT | $2.58 | $2.77 | +7.34% | $21.89B | +1.48% |