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BMY
Quarter ended Mar 31, 2025 · FY2025 Q1

Bristol-Myers Squibb (BMY) Revenue — Quarter Ended Mar 31, 2025

Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year ago. The decrease reflects lower net product sales, partially offset by a slight increase in alliance and other revenues.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year ago. The decrease reflects lower net product sales, partially offset by a slight increase in alliance and other revenues.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$11.2B

Revenue reported for this quarter.

Quarter-over-quarter

-9.2%

Change from the immediately preceding quarter.

Year-over-year

-5.6%

Change from the comparable year-ago quarter.

Trailing four quarters

$47.6B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$12.2B+8.7%
Sep 30, 2024$11.9B+8.4%
Dec 31, 2024$12.3B+7.5%
Mar 31, 2025$11.2B-5.6%

Revenue performance

Total revenues fell from the immediately preceding quarter, continuing a downward trend after three consecutive quarters of growth. The year-over-year comparison also shows a decline, with net product sales lower than the same period last year.

Quarterly comparison

Compared to the prior quarter, revenue decreased, reversing the prior quarter's increase. On a year-over-year basis, revenue was also lower, marking the first decline after three quarters of year-over-year growth.

What to watch

Monitor whether the decline in net product sales persists in the coming quarters, as it was the primary driver of the revenue decrease.

Bristol-Myers Squibb (BMY) Revenue — Quarter Ended Mar 31, 2025