LLY Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), LLY reported revenue of $23.0B, gross profit of $19.7B (85.8% gross margin), operating income of $9.0B, and net income of $7.1B (30.9% net margin). The flow of revenue into costs and profit is visualized below.

What changed

LLY was profitable; revenue grew 30.5% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+30.5%+27.1%−0.8 pp

Consensus estimate data is not available for this report.

LLY Q2 2026 Income Statement

LLY Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$23.0B100%
Cost of Revenue−$3.3B14.2%
Gross Profit$19.7B85.8%
Research & Development−$3.8B16.6%
Selling, General & Administrative−$3.4B14.9%
Other Operating Expenses−$3.5B15.1%
Operating Income$9.0B39.1%
Interest Expense−$274M1.2%
Other Income, net$543M2.4%
Income Tax Expense−$2.2B9.4%
Net Income$7.1B30.9%

Source: LLY filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.