--- title: "BMS reports flat revenue growth for full-year 2025" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/275117070.md" description: "Bristol Myers Squibb (BMS) reported flat revenue growth for 2025, with revenues at $48.2bn compared to $48.3bn in 2024. Non-GAAP EPS improved significantly to $6.15 from $1.15 in 2024. The fourth quarter saw a 1% revenue increase to $12.5bn, driven by a 16% surge in the growth portfolio. However, legacy portfolio revenues fell 15% to $21.8bn due to generic competition. BMS projects 2026 revenues between $46.0bn and $47.5bn and increased its quarterly dividend to $0.63 per share. CEO Christopher Boerner highlighted progress and a strong pipeline for future growth." datetime: "2026-02-06T10:48:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275117070.md) - [en](https://longbridge.com/en/news/275117070.md) - [zh-HK](https://longbridge.com/zh-HK/news/275117070.md) --- > 支持的语言: [English](https://longbridge.com/en/news/275117070.md) | [繁體中文](https://longbridge.com/zh-HK/news/275117070.md) # BMS reports flat revenue growth for full-year 2025 BMS achieved non-GAAP EPS of $6.15 for the full year, a substantial improvement from $1.15 in 2024. Credit: Piotr Swat / Shutterstock.com. Bristol Myers Squibb (BMS) has reported full-year 2025 revenues of $48.2bn, essentially flat compared with $48.3bn in 2024. The company’s fourth quarter revenues increased 1% to $12.5bn, and its growth portfolio surged 16% to $7.4bn. #### Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more BMS reported non-GAAP earnings per share (EPS) of $6.15 for the full year, a substantial improvement from $1.15 in 2024. Fourth quarter non-GAAP EPS reached $1.26, though this included a net impact of $(0.60) from acquired in-process research and development (IPRD) charges and licensing income. The growth portfolio generated $26.4bn in 2025, a 17% increase year-over-year. Key drivers included the immuno-oncology portfolio, notably Breyanzi, Camzyos and Reblozyl. Breyanzi revenues surged 82% while Camzyos jumped 77%. GlobalData Strategic Intelligence # US Tariffs are shifting - will you react or anticipate? Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis. By GlobalData Learn more about Strategic Intelligence Conversely, the legacy portfolio revenues declined 15% to $21.8bn, primarily impacted by generic competition across multiple products despite increased demand for Eliquis. The company projects 2026 revenues between $46.0bn and $47.5bn, with non-GAAP EPS ranging from $6.05 to $6.35. The company increased its quarterly dividend to $0.63 per share, marking the 17th consecutive annual increase. BMS board chair and CEO Christopher Boerner said: “We made significant progress in 2025, with real momentum in our growth portfolio and a strengthened balance sheet that provides the strategic flexibility to continue investing in growth drivers. “2026 is data-rich, and we are advancing a truly differentiated pipeline with multiple pivotal readouts expected in the back half of the year. Our core business is strong and growing, and we have the potential to achieve industry-leading, sustainable growth into the 2030s and beyond.” Last month, BMS expanded its oncology pipeline by entering an exclusive global licensing agreement with Janux Therapeutics. Under this arrangement, the two companies agreed to co-develop a new therapy targeting solid tumours. ### 相关股票 - [SPDR S&P Biotech (XBI.US)](https://longbridge.com/zh-CN/quote/XBI.US.md) - [VanEck Biotech ETF (BBH.US)](https://longbridge.com/zh-CN/quote/BBH.US.md) - [VG Health (VHT.US)](https://longbridge.com/zh-CN/quote/VHT.US.md) - [Direxion Pharma & Medical Bull 3X (PILL.US)](https://longbridge.com/zh-CN/quote/PILL.US.md) - [Invesco Nasdaq Biotechnology ETF (IBBQ.US)](https://longbridge.com/zh-CN/quote/IBBQ.US.md) - [iShares US Pharma (IHE.US)](https://longbridge.com/zh-CN/quote/IHE.US.md) - [Invesco Biotechnology & Genome ETF (PBE.US)](https://longbridge.com/zh-CN/quote/PBE.US.md) - [ProShares Ultra Health Care ETF (RXL.US)](https://longbridge.com/zh-CN/quote/RXL.US.md) - [ALPS Medical Breakthrough (SBIO.US)](https://longbridge.com/zh-CN/quote/SBIO.US.md) - [First Trust NYSE Arca Biotech Index Fd (FBT.US)](https://longbridge.com/zh-CN/quote/FBT.US.md) - [iShares Biotechnology ETF (IBB.US)](https://longbridge.com/zh-CN/quote/IBB.US.md) - [Ark Genomic Revolution ETF (ARKG.US)](https://longbridge.com/zh-CN/quote/ARKG.US.md) - [Proshares Ultra Nasdaq Biotech (BIB.US)](https://longbridge.com/zh-CN/quote/BIB.US.md) - [Health Care Select Sector SPDR (XLV.US)](https://longbridge.com/zh-CN/quote/XLV.US.md) - [Bristol Myers Squibb (BMY.US)](https://longbridge.com/zh-CN/quote/BMY.US.md) - [iShares Global Healthcare (IXJ.US)](https://longbridge.com/zh-CN/quote/IXJ.US.md) ## 相关资讯与研究 - [Bristol Myers Squibb EVP, Chief Financial Officer Sold Shares Worth Over $1.8M](https://longbridge.com/zh-CN/news/281573001.md) - [Bristol Myers Squibb Evolves and Expands Standing in the Gaap To Advance More Equitable Care in Multiple Myeloma As Program Marks Ten Years](https://longbridge.com/zh-CN/news/281359503.md) - [Faro Announces Collaboration with Bristol Myers Squibb to Scale Autonomous AI in Clinical Development](https://longbridge.com/zh-CN/news/281192593.md) - [Norden Group LLC Acquires 157,604 Shares of Bristol Myers Squibb Company $BMY](https://longbridge.com/zh-CN/news/280771816.md) - [Bristol Myers Squibb adding 3 medications on TrumpRx](https://longbridge.com/zh-CN/news/281075788.md)