)
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.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.
Next Perrigo Company earnings date
Next Perrigo Company earnings date
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.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
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.
Explore our global coverage
)
)