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What changed in Pfizer Inc's latest annual report

In the year ended 31 Dec 2025, Pfizer Inc's revenue fell 1.6% to USD 62.58bn, from USD 63.63bn; net income fell 3.2% to USD 7.77bn, from USD 8.03bn; cash and cash equivalents rose 9.5% to USD 1.14bn, from USD 1.04bn.

Year ended 31 Dec 2025. Source: 10-K filed 26 Feb 2026, read it on SEC EDGAR.

USD 63.63bn to USD 62.58bn

Revenue, down 1.6% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue63.63bn62.58bnDown 1.6%
Net income8.03bn7.77bnDown 3.2%
Total assets213.40bn208.16bnDown 2.5%
Total liabilities124.90bn121.39bnDown 2.8%
Long-term debt57.41bn61.64bnUp 7.4%
Cash and cash equivalents1.04bn1.14bnUp 9.5%
Shareholders' equity88.20bn86.48bnDown 2%

Questions people ask

Did Pfizer Inc's revenue grow last year?

Revenue fell 1.6%, from USD 63.63bn to USD 62.58bn in the year ended 31 Dec 2025.

Is Pfizer Inc profitable?

Yes. Net income was USD 7.77bn in the year ended 31 Dec 2025. The year before: USD 8.03bn.

How much cash and debt does Pfizer Inc have?

At its latest year end (31 Dec 2025), Pfizer Inc reported cash and cash equivalents of USD 1.14bn and long-term debt of USD 61.64bn.

Where do these numbers come from?

From Pfizer Inc's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Pfizer Inc (PFE) 10-K: what changed year on year | LYNORIQ Insights