Bristol Myers Squibb (BMY) FY2025 10-K Annual Report

Filed: Feb 11, 2026
Health Care
Pharmaceutical PreparationsSEC EDGAR

Bristol Myers Squibb (BMY) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 11, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Bristol Myers Squibb FY2025 10-K Analysis

Business Overview

  • Core business model focused on oral immunomodulatory and oncology drugs, primarily treating multiple myeloma and CML
  • FDA-approved volume-unlimited generics launched for Revlimid (2026), pomalidomide generics entering U.S. (Mar 2026), dasatinib generics active since Sept 2024
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Management Discussion & Analysis

  • Revenue and YoY change: Not disclosed in provided section
  • Profitability or margin change: Not disclosed in provided section
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Risk Factors

  • FDA approval of Breyanzi in Dec 2025 for relapsed/refractory MZL after ≥2 systemic therapies, impacting market access and revenue
  • Exposure to Japan's approval landscape with multiple key drug approvals by Ministry of Health Labour and Welfare in 2025, critical for Asia Pacific growth
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Bristol Myers Squibb FY2025 Key Financial Metrics
XBRL

Revenue

$48.2B

-0.2% YoY

Net Income

$7.1B

+178.8% YoY

Net Margin

14.6%

+3316bp YoY

ROE

38.2%

+9296bp YoY

Total Assets

$90.0B

-2.8% YoY

EPS (Diluted)

$3.46

+178.5% YoY

Operating Cash Flow

$14.2B

-6.8% YoY

Source: XBRL data from Bristol Myers Squibb FY2025 10-K filing on SEC EDGAR. All figures in USD.

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