Financials · SNY

Sanofi (SNY) financials

For fiscal 2025 (ended Dec 31, 2025), Sanofi reported €43.63B of revenue and €7.81B of net income. Figures are in EUR, the currency of its SEC filings.

Revenue, FY2025
€43.63B
Revenue growth, YoY
+6.2%
Net income, FY2025
€7.81B
Net income growth, YoY
+40.5%
Net margin
17.9%
Free cash flow, FY2025
€7.21B
EPS, diluted, FY2025
€6.37
EPS growth, YoY
+43.8%
Cash
€7.66B
Total debt
€18.59B
Annual revenue€43.63B
FY2016FY2025
Annual net income€7.81B
FY2016FY2025
Annual free cash flow€7.21B
FY2019FY2025

SNY revenue and earnings growth

SNY revenueFY2025€43.63B

FY YoY
+6.2%
5Y CAGR
+3.9%
10Y CAGR
+2.5%

SNY revenue was €43.63B for fiscal 2025 (ended Dec 31, 2025), up 6.2% from fiscal 2024. Compound annual growth was +3.9% over 5 years and +2.5% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

SNY net incomeFY2025€7.81B

FY YoY
+40.5%
5Y CAGR
-8.7%
10Y CAGR
+6.2%

SNY net income was €7.81B for fiscal 2025 (ended Dec 31, 2025), up 40.5% from fiscal 2024. Compound annual growth was -8.7% over 5 years and +6.2% over 10 years. It rose in 6 of the last 10 fiscal years.

SNY EPSFY2025€6.37

FY YoY
+43.8%
5Y CAGR
-8.2%
10Y CAGR
+7.0%

SNY diluted EPS was €6.37 for fiscal 2025 (ended Dec 31, 2025), up 43.8% from fiscal 2024. Compound annual growth was -8.2% over 5 years and +7.0% over 10 years.

SNY free cash flowFY2025€7.21B

FY YoY
+22.5%
5Y CAGR
+6.2%

SNY free cash flow was €7.21B for fiscal 2025 (ended Dec 31, 2025), up 22.5% from fiscal 2024. Compound annual growth was +6.2% over 5 years. It rose in 2 of the last 6 fiscal years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue€43.63B€41.08B€37.82B€37.65B€37.76B€36.04B€36.13B€34.46B€35.07B€33.81B
Cost of revenue€13.05B€13.21B€12.63B€11.88B€12.26B€12.16B€11.98B€11.44B€11.61B€10.70B
Gross profit€33.67B€31.08B€28.99B€28.68B€26.92B€25.21B€25.65B€24.24B€24.61B€24.00B
Research and development€7.84B€7.39B€6.51B€6.50B€5.69B€5.53B€6.02B€5.89B€5.47B€5.17B
Selling, general and admin€9.54B€9.18B€8.93B€8.74B€9.55B€9.39B€9.88B€9.86B€10.07B€9.48B
Operating income€6.34B€7.25B€6.96B€10.16B€8.13B€14.11B€3.05B€4.68B€5.80B€6.53B
Interest expense€563.00M€1.07B€1.29B€430.00M€368.00M€388.00M€440.00M€435.00M€420.00M€924.00M
Income tax€1.04B€1.20B€1.02B€1.91B€1.56B€1.81B€121.00M€481.00M€1.72B€1.32B
Net income€7.81B€5.56B€5.40B€8.37B€6.22B€12.29B€2.75B€4.31B€8.42B€4.71B
EPS, basic€6.40€4.44€4.31€6.69€4.97€9.81€2.28€3.45€6.70€3.66
EPS, diluted€6.37€4.43€4.30€6.66€4.95€9.76€2.27€3.43€6.64€3.63
Diluted shares1.23B1.26B1.26B1.26B1.26B1.26B1.26B1.26B1.27B1.30B

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents€7.66B€7.44B€8.71B€12.74B€10.10B€13.91B€9.43B€6.92B€10.31B€10.27B
Inventory€10.21B€9.43B€9.67B€8.96B€8.71B€8.35B€7.99B€7.48B€6.82B€6.90B
Current assets€30.95B€42.59B€30.67B€34.11B------
Goodwill€41.30B€43.38B€49.40B€49.89B€48.06B€44.36B€44.52B€44.23B€40.26B€40.29B
Total assets€126.81B€132.80B€126.46B€126.72B€120.24B€114.41B€112.63B€111.41B€99.81B€104.68B
Current liabilities€28.34B€29.16B€24.21B€23.97B------
Short-term debt€4.34B€4.21B€2.04B€4.17B€3.18B€2.77B€4.55B€2.63B€1.27B€1.76B
Long-term debt€14.25B€11.79B€14.35B€14.86B€17.12B€19.75B€20.13B€22.01B€14.33B€16.82B
Total debt€18.59B€16.00B€16.39B€19.03B€20.31B€22.51B€24.68B€24.64B€15.60B€18.58B
Total liabilities€55.09B€54.94B€52.11B€51.57B€51.21B€51.16B€53.40B€52.37B€41.57B€46.96B
Shareholders' equity€71.38B€77.51B€74.04B€75.15B€69.03B€63.25B€59.23B€59.03B€58.24B€57.72B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow€10.75B€9.08B€10.26B€10.53B€10.52B€7.42B€7.71B€5.55B€7.38B€7.84B
Capital expenditures€3.54B€3.19B€2.91B€2.10B€2.04B€2.08B€1.79B---
Free cash flow€7.21B€5.89B€7.35B€8.42B€8.48B€5.33B€5.93B---
Investing cash flow-€2.45B-€4.41B-€6.20B-€2.08B-€7.30B€3.62B-€1.18B-€12.87B-€2.90B-€2.51B
Financing cash flow-€8.21B-€5.76B-€8.05B-€5.82B-€7.06B-€6.49B-€4.19B€3.93B-€7.90B-€4.10B
Share repurchases€5.03B€302.00M€593.00M€497.00M€382.00M€822.00M€9.00M€1.10B€2.16B€2.91B
Stock-based compensation€313.00M€278.00M€260.00M€234.00M€244.00M€274.00M€252.00M€284.00M€263.00M€241.00M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY6.2%8.6%0.4%-0.3%4.8%-0.2%4.8%-1.7%3.7%-0.7%
Net income growth, YoY40.5%3.0%-35.5%34.5%-49.4%346.4%-36.0%-48.8%78.7%9.8%
EPS growth, YoY43.8%3.0%-35.4%34.5%-49.3%330.0%-33.8%-48.3%82.9%11.7%
Gross margin77.2%75.7%76.7%76.2%71.3%69.9%71.0%70.3%70.2%71.0%
Operating margin14.5%17.7%18.4%27.0%21.5%39.2%8.4%13.6%16.5%19.3%
Net margin17.9%13.5%14.3%22.2%16.5%34.1%7.6%12.5%24.0%13.9%
Free cash flow margin16.5%14.3%19.4%22.4%22.5%14.8%16.4%---
Return on equity10.9%7.2%7.3%11.1%9.0%19.4%4.6%7.3%14.5%8.2%
Return on assets6.2%4.2%4.3%6.6%5.2%10.7%2.4%3.9%8.4%4.5%
Current ratio1.091.461.271.42------
Debt to equity0.260.210.220.250.290.360.420.420.270.32

Source: XBRL data Sanofi files with the SEC, latest filing dated Feb 17, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

SNY peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SNY€43.63B+6.2%€7.81B17.9%$118.11B
JNJ$99.33B+7.8%$16.09B16.2%$675.03B
ABBV$66.01B+10.7%$10.34B15.7%$521.41B
NVS$54.53B+8.4%$13.98B25.6%$305.91B
AZN$58.74B+8.6%$10.22B17.4%$287.63B
AMGN$38.90B+8.2%$9.39B24.1%$253.21B
PFE$63.63B+1.3%$4.03B6.3%$167.83B
BMY$50.03B+4.2%$9.24B18.5%$128.59B
GSK£32.67B+4.1%£5.72B17.5%$102.34B

SNY FAQ

9 questions
  • What is SNY revenue?
    Sanofi (SNY) reported €43.63B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 6.2% from the year before.
  • Is SNY profitable?
    Yes. Sanofi earned €7.81B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 17.9%.
  • How much cash and debt does SNY have?
    Sanofi reported €7.66B in cash and cash equivalents and €18.59B of debt on its most recent balance sheet in SEC filings.
  • How fast is SNY revenue growing?
    Sanofi's revenue changed +6.2% in fiscal 2025, to €43.63B. Its compound annual growth rate was +3.9% over 5 years and +2.5% over 10 years.
  • What is SNY gross margin?
    Sanofi's gross profit was €33.67B on €43.63B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 77.2%.
  • What is SNY free cash flow?
    Sanofi generated €7.21B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of €10.75B less capital expenditures.
  • What is SNY earnings per share?
    Diluted earnings per share were €6.37 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did SNY last report financial results?
    The latest statements here come from Sanofi's 20-F filed on Feb 17, 2026, covering the period ended Dec 31, 2025.
  • Where does this SNY financial data come from?
    Quantisnow builds these statements from the structured XBRL data Sanofi files with the SEC. It is provided for information only and is not investment advice.