Perrigo Company
Logotype for Perrigo Company plc

Perrigo Company (PRGO) investor relations material

Perrigo Company Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Perrigo Company plc
Q4 2025 earnings summary26 Feb, 2026

Executive summary

  • Achieved strong market share gains in U.S. and E.U. OTC and improved in-store execution despite overall market softness and infant formula headwinds, with FY2025 adjusted EPS at $2.75, up 7% year-over-year and in line with revised guidance.

  • Advanced the Three-S plan (simplify/streamline/strengthen), including portfolio focus, operational efficiency, and assessment of Infant Formula and Oral Care businesses.

  • Announced divestiture of Dermacosmetics business, expected to close in Q2 2026, with proceeds to reduce debt.

  • Launched new operational enhancement programs targeting $80–100 million in annualized pre-tax savings and a 7% global workforce reduction.

  • Transitioning to new reporting segments in 2026: Self Care, Specialty Care, and infant formula, aligning with the commercial operating model.

Financial highlights

  • FY2025 net sales were $4.25 billion, down 2.8% year-over-year (organically down 2.4%); Q4 net sales were $1.11 billion, down 2.5% year-over-year.

  • FY2025 adjusted operating income was $622 million, up 2.3% year-over-year; adjusted operating margin expanded to 14.6%.

  • FY2025 adjusted EPS was $2.75 (up 7.0%); CORE adjusted EPS was $2.52 (up 14.0%).

  • Operating cash flow for FY2025 was $239 million; year-end cash was $532 million; net leverage at 4.0x.

  • GAAP results include a $1.3 billion goodwill impairment charge, with possible additional non-cash impairment up to $350 million in Q1 2026.

Outlook and guidance

  • FY2026 is expected to be a transition year with temporary headwinds and market softness persisting in H1, but improvement anticipated in H2.

  • FY2026 CORE organic net sales growth guidance: -3.5% to +0.5%; CORE EPS range: $2.25–$2.55.

  • All-in net sales growth expected at -5.5% to -1.5%; all-in EPS range: $2.00–$2.30.

  • CORE gross margin expected at 39–40%, operating margin at 15–16%; all-in gross margin at 36.5–37.5%, operating margin at 12.5–13.5%.

  • Operating cash flow conversion expected in the mid-60% range; net leverage to remain flat or improve slightly.

Infant Formula strategic review: cash flow impact
H2 2026 CORE Perrigo improvement drivers
Updated net leverage target timeline
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Perrigo Company earnings date

Logotype for Perrigo Company plc
UBS Global Consumer and Retail Conference11 Mar, 2026
Perrigo Company
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Perrigo Company earnings date

Logotype for Perrigo Company plc
UBS Global Consumer and Retail Conference11 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Perrigo Company plc provides over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to prevent or treat conditions that can be self-managed. The Company is a global healthcare supplier that develops, manufactures and distributes OTC, generic prescription (Rx) pharmaceutical products, infant formulas, nutritional products, animal health, dietary supplements and active pharmaceutical ingredients (API).

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage