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Mar 31

Teva Q1 2025 Earnings Report

Teva reported continued revenue growth in Q1 2025, supported by strong innovative product performance and stable generics business.

Key Takeaways

Teva delivered $3.9 billion in revenue for Q1 2025, achieving its ninth consecutive quarter of growth. The company posted an adjusted EPS of $0.52 and generated $107 million in free cash flow, driven by innovative portfolio performance and effective cost management.

Teva achieved its ninth straight quarter of revenue growth, totaling $3.9 billion.

Innovative products generated $589 million and each grew more than 25% year over year.

Free cash flow reached $107 million for the quarter.

Teva entered the Acceleration Phase of its Pivot to Growth strategy, reaffirming 2027 targets.

Total Revenue
$3.9B
Previous year: $3.82B
+2.1%
EPS
$0.52
Previous year: $0.48
+8.3%
Free Cash Flow
$107M
Innovative Portfolio Revenue
$589M
Free Cash Flow
$107M
Previous year: $32M
+234.4%

Teva

Teva

Forward Guidance

Teva revised its 2025 outlook while reaffirming its 2027 targets, focusing on innovation, operational efficiency, and transformation into a leading biopharma firm.

Positive Outlook

  • Revised 2025 revenue guidance to $16.8–17.2 billion.
  • Revised 2025 non-GAAP EPS guidance to $2.45–$2.65.
  • Revised 2025 free cash flow guidance to $1.6–1.9 billion.
  • Continued strong momentum in innovative medicines and biosimilars.
  • Projected $700 million in net savings by 2027.

Challenges Ahead

  • Significant indebtedness may limit financial flexibility.
  • Exposure to geopolitical risks including war in Israel and Ukraine conflict.
  • Potential litigation and regulatory risks in multiple jurisdictions.
  • Execution risks in strategic transformation and divestiture plans.
  • Macroeconomic uncertainties may impact operations and supply chains.