Johnson & Johnson (J&J) has reported strong financial results for the fourth quarter and full year of 2025. In the fourth quarter, reported sales grew by 9.1% to $24.6 billion, with operational growth at 7.1% and adjusted operational growth at 6.1%. The company's net earnings for the quarter surged by 49.1% to $5.116 billion, and earnings per share (EPS) grew by 48.9% to $2.10.
For the full year of 2025, reported sales increased by 6.0% to $94.2 billion, with operational growth at 5.3% and adjusted operational growth at 4.2%. Net earnings for the full year soared by 90.6% to $26.804 billion, and EPS grew by 90.5% to $11.03.
Looking at non-GAAP measures, adjusted net earnings for the full year of 2025 increased by 21.5% to $6.009 billion, and adjusted EPS (diluted) grew by 20.6% to $2.46.
In terms of regional sales, the U.S. market saw reported sales growth of 7.5% in the fourth quarter, while international markets experienced reported sales growth of 11.3%. For the full year, the U.S. market reported sales growth of 6.9%, and international markets reported sales growth of 5.0%.
Breaking down segment sales, the Innovative Medicine segment reported a 10.0% increase in sales for the fourth quarter and a 6.0% increase for the full year, while the MedTech segment reported a 7.5% increase in sales for the fourth quarter and a 6.1% increase for the full year.
J&J also provided guidance for 2026, estimating reported sales of $100.5 billion, representing a 6.7% increase at the midpoint, and adjusted EPS of $11.53, a 6.9% increase at the midpoint.
The company's significant achievements in 2025 include the approvals of Caplyta for major depressive disorder and Rybrevant Faspro plus Lazcluze for non-small cell lung cancer, as well as landmark data for Tecvayli plus Darzalex Faspro as a potential standard of care for patients with relapsed/refractory multiple myeloma.
These financial and operational results demonstrate a strong performance for Johnson & Johnson in 2025, driven by robust sales growth, earnings, and significant innovation across its business segments. The market has reacted to these announcements by moving the company's shares -0.41% to a price of $218.66. If you want to know more, read the company's complete 8-K report here.
