EI Earnings Insight Lab
Pfizer Inc.

Pfizer Inc. FY 2023 Earnings Analysis

Reported on 2024-02-22 / Fiscal Year FY 2023
Revenue Down YoY EPS Below Prior Year Weak Year
Pfizer Inc. faced a challenging FY 2023, with pressure on both growth and profitability.

Revenue declined 40.6% year over year. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

Jump to FAQ
Source: Company filings / processed earnings data
Revenue
$59.6B
YoY: -40.6429%
QoQ: N/A
Net Income
$2.1B
YoY: -93.1994%
QoQ: N/A
EPS (Diluted)
$0.37
YoY: -93.22%
Net Margin
3.6%
YoY: -27.68 pts
QoQ: N/A
Gross Margin
50.9%
Operating Margin
8.9%
Growth

Revenue trend

Revenue trend remains stable.

Profitability

Margin and earnings quality

Profitability was broadly stable.

Investor Focus

What matters next

Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.

Revenue & YoY Growth

Annual

Revenue trend and year-over-year growth across recent reported annual periods.

Net Income & Net Margin

Annual

Net income and net margin trend over recent reported annual periods.

Revenue Analysis

Pfizer Inc. reported $59.6B in revenue for FY 2023, down 40.6% YoY. The year-over-year decline indicates ongoing pressure on topline performance.

Revenue Snapshot
Current Fiscal Year $59.6B
Previous Fiscal Year $100.3B
YoY Change -40.6%

Profitability Analysis

Net income came in at $2.1B, down 93.2% YoY. Net margin was 3.6%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $2.1B
EPS $0.37
Net Margin 3.6%
YoY Margin Change -27.7 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Pfizer Inc.'s revenue in FY 2023?

Pfizer Inc. reported revenue of $59.6B in FY 2023.

What was Pfizer Inc.'s net income in FY 2023?

Pfizer Inc. reported net income of $2.1B in FY 2023.

How did Pfizer Inc.'s revenue change year over year?

Pfizer Inc.'s revenue decreased by 40.6% year over year in FY 2023.

What was Pfizer Inc.'s net margin in FY 2023?

Pfizer Inc.'s net margin was 3.6% in FY 2023.

Related
Pfizer Inc. FY 2022 Earnings

Compare this fiscal year with the previous annual earnings report.

Related
Pfizer Inc. Company Overview

Explore company profile, industry, and historical context.

Related
Pfizer Inc. Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

0.027286s