| Schedule of Segment Reporting Information by Segment |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The following provides selected information by reportable segment: | | | Three Months Ended | | | | Total Revenues | | Earnings(a) | | Depreciation and Amortization(b) | | | | (MILLIONS) | | March 29, 2026 | | March 30, 2025 | | March 29, 2026 | | March 30, 2025 | | March 29, 2026 | | March 30, 2025 | | | | | | Reportable Segment: | | | | | | | | | | | | | | | | | Biopharma(c) | | $ | 14,161 | | | $ | 13,441 | | | $ | 6,838 | | | $ | 7,069 | | | $ | 348 | | | $ | 331 | | | | | | Other business activities(d) | | 289 | | | 273 | | | (1,668) | | | (1,384) | | | 78 | | | 74 | | | | | | | Reconciling Items: | | | | | | | | | | | | | | | | | | Amortization of intangible assets | | | | | | (1,183) | | | (1,211) | | | 1,183 | | | 1,211 | | | | | | | Acquisition-related items | | | | | | (504) | | | (282) | | | — | | | (1) | | | | | | Certain significant items(e) | | | | | | (312) | | | (1,407) | | | 3 | | | 4 | | | | | | | | $ | 14,451 | | | $ | 13,715 | | | $ | 3,170 | | | $ | 2,785 | | | $ | 1,613 | | | $ | 1,618 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(a)Income from continuing operations before provision/(benefit) for taxes on income. Effective in the third quarter of 2025, certain expenses for corporate affairs, which were previously reported in the operating results of corporate enabling functions, are reported in the operating results of our Biopharma reportable segment. In connection with this reporting change, we reclassified Selling, informational and administrative expenses of approximately $36 million in the first quarter of 2025 from Other business activities to Biopharma to conform to the current period presentation. (b)Certain production facilities are shared. Depreciation is allocated based on estimates of physical production. (c)Biopharma’s earnings include dividend income from our investment in ViiV of $82 million in the first quarter of 2026 and $39 million in the first quarter of 2025 recorded in Other (income)/deductions––net. Biopharma’s earnings in the first quarter of 2025 also reflected a credit to Cost of Sales representing a favorable revision of our estimate of accrued royalties. (d)Other business activities include revenues and costs associated with PC1 and our former operating segment, Pfizer Ignite, as well as costs that we do not allocate to our operating segments, per above. (e)Earnings in the first quarter of 2025 included, among other items restructuring charges/(credits) and implementation costs and additional depreciation—asset restructuring of $666 million (primarily recorded in Restructuring charges and certain acquisition-related costs). See Note 3. | | | | | | | | | | | | | | | | | | | | | | The following provides Biopharma reportable segment information regularly provided to the CODM: | | | Three Months Ended | | | | (MILLIONS) | | March 29, 2026 | | March 30, 2025 | | | | | | Biopharma reportable segment: | | | | | | | | | | Biopharma total revenues | | $ | 14,161 | | | $ | 13,441 | | | | | | | Less: | | | | | | | | | | Cost of sales | | 3,034 | | | 2,314 | | | | | | | Selling, informational and administrative expenses | | 2,131 | | | 2,186 | | | | | | | Research and development expenses | | 2,137 | | | 1,941 | | | | | | | Acquired in-process research and development expenses | | 137 | | | 9 | | | | | | | Other (income)/deductions––net | | (116) | | | (78) | | | | | | | Biopharma earnings | | $ | 6,838 | | | $ | 7,069 | | | | | |
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| Schedule of Significant Product Revenues |
The following provides detailed revenue information for several of our major products: | | | | | | | | | | | | | | | | | | | | | | | | | | (MILLIONS) | | | | Three Months Ended | | | | PRODUCT | | PRIMARY INDICATION OR CLASS | | March 29, 2026 | | March 30, 2025 | | | | | | TOTAL REVENUES | | | | $ | 14,451 | | | $ | 13,715 | | | | | | GLOBAL BIOPHARMACEUTICALS BUSINESS (BIOPHARMA)(a) | | $ | 14,161 | | | $ | 13,441 | | | | | | | Primary Care | | | | $ | 5,542 | | | $ | 5,692 | | | | | | Eliquis(b) | | Nonvalvular atrial fibrillation, deep vein thrombosis, pulmonary embolism | | 2,166 | | | 1,923 | | | | | | | Prevnar family | | Active immunization to prevent pneumonia, invasive disease and otitis media caused by Streptococcus pneumoniae | | 1,690 | | | 1,660 | | | | | | | Nurtec ODT/Vydura | | Acute treatment of migraine and prevention of episodic migraine | | 353 | | | 248 | | | | | | | Comirnaty | | Active immunization to prevent COVID-19 | | 232 | | | 565 | | | | | | Paxlovid | | COVID-19 in certain high-risk patients | | 186 | | | 491 | | | | | | Abrysvo | | Active immunization to prevent RSV infection | | 180 | | | 131 | | | | | | | FSME-IMMUN/TicoVac | | Active immunization to prevent tick-borne encephalitis disease | | 81 | | | 63 | | | | | | | All other Primary Care | | Various | | 654 | | | 609 | | | | | | | Oncology | | | | $ | 3,826 | | | $ | 3,494 | | | | | | | Ibrance | | HR-positive/HER2-negative metastatic breast cancer | | 1,008 | | | 977 | | | | | | Padcev | | Locally advanced or metastatic urothelial cancer and cisplatin-ineligible/decline muscle invasive bladder cancer (MIBC) | | 591 | | | 426 | | | | | | Xtandi(c) | | mCRPC, nmCRPC, mCSPC, nmCSPC | | 444 | | | 458 | | | | | | | Lorbrena | | ALK-positive metastatic NSCLC | | 305 | | | 222 | | | | | | | Inlyta | | Advanced renal cell carcinoma | | 214 | | | 219 | | | | | | Adcetris(d) | | Certain lymphomas including classical Hodgkin lymphoma, T-cell lymphoma and relapsed/refractory diffuse large B-cell lymphoma | | 190 | | | 218 | | | | | | Braftovi/Mektovi | | Metastatic melanoma in patients with a BRAFV600E/K mutation and for metastatic NSCLC in patients with a BRAFV600E mutation; and, for Braftovi for the treatment of BRAFV600E-mutant mCRC, in combination with Erbitux® (cetuximab)(e) (after prior therapy) or cetuximab and fluorouracil-based chemotherapy | | 174 | | | 136 | | | | | | | Bosulif | | Philadelphia chromosome–positive chronic myelogenous leukemia | | 129 | | | 151 | | | | | | Tukysa | | Unresectable or metastatic HER2-positive breast cancer; RAS wild-type, HER2-positive unresectable or metastatic colorectal cancer | | 122 | | | 102 | | | | | | Orgovyx(f) | | Advanced prostate cancer | | 109 | | | 76 | | | | | | Elrexfio | | Relapsed or refractory multiple myeloma | | 80 | | | 60 | | | | | | Talzenna | | Treatment of BRCA gene-mutated, HER2-negative, inoperable or recurrent breast cancer; and, in combination with Xtandi (enzalutamide), of adult patients with HRR gene-mutated mCRPC | | 50 | | | 40 | | | | | | Tivdak | | Recurrent or mCC with disease progression on or after chemotherapy | | 33 | | | 33 | | | | | | All other Oncology | | Various | | 376 | | | 377 | | | | | | | Specialty Care | | | | $ | 2,939 | | | $ | 2,616 | | | | | | | Vyndaqel family | | ATTR-CM and polyneuropathy | | 1,602 | | | 1,486 | | | | | | | Xeljanz | | RA, PsA, UC, active polyarticular course juvenile idiopathic arthritis, ankylosing spondylitis | | 180 | | | 128 | | | | | | Zavicefta (Outside the U.S. and Canada) | | Bacterial infections | | 150 | | | 135 | | | | | | | Enbrel (Outside the U.S. and Canada) | | RA, juvenile idiopathic arthritis, PsA, plaque psoriasis, pediatric plaque psoriasis, ankylosing spondylitis and nonradiographic axial spondyloarthritis | | 138 | | | 140 | | | | | | Octagam | | Primary humoral immunodeficiency, chronic immune thrombocytopenic purpura in adults, and dermatomyositis in adults | | 122 | | | 88 | | | | | | | Genotropin | | Replacement of human growth hormone | | 93 | | | 95 | | | | | | | Cibinqo | | Atopic dermatitis | | 76 | | | 58 | | | | | | | All other Specialty Care | | Various | | 579 | | | 486 | | | | | | Hospital and Biosimilars(a) | | | | $ | 1,854 | | | $ | 1,639 | | | | | | Oncology biosimilars(g) | | Various | | 409 | | | 264 | | | | | | Sulperazon (Outside the U.S. and Canada) | | Bacterial infections | | 199 | | | 164 | | | | | | | Inflectra | | Crohn’s disease, pediatric Crohn’s disease, UC, pediatric UC, RA in combination with methotrexate, ankylosing spondylitis, PsA and plaque psoriasis | | 182 | | | 153 | | | | | | | Zithromax | | Bacterial infections | | 112 | | | 158 | | | | | | All other Hospital and Biosimilars | | Various | | 953 | | | 901 | | | | | | PFIZER CENTREONE(h) | | $ | 289 | | | $ | 273 | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | (MILLIONS) | | | | Three Months Ended | | | | PRODUCT | | PRIMARY INDICATION OR CLASS | | March 29, 2026 | | March 30, 2025 | | | | | BIOPHARMA(a) | | $ | 14,161 | | | $ | 13,441 | | | | | | PFIZER U.S. COMMERCIAL DIVISION | | 7,686 | | | 7,572 | | | | | | PFIZER INTERNATIONAL COMMERCIAL DIVISION | | 5,233 | | | 4,849 | | | | | | GLOBAL HOSPITAL AND BIOSIMILARS DIVISION(i) | | 1,242 | | | 1,020 | | | | | | | | Total Alliance revenues included above | | $ | 2,339 | | | $ | 2,113 | | | | | | Total Royalty revenues included above | | $ | 396 | | | $ | 308 | | | | | |
(a)In the first quarter of 2026, we made changes in our commercial structure, which included the transition of certain off-patent branded and generic sterile injectables and biosimilars primarily from the Specialty Care and Oncology product portfolios to a new Hospital and Biosimilars product portfolio within our Biopharma reportable segment. See Note 13A above. We reclassified prior period amounts to conform to the current period presentation. (b)Reflects alliance revenues and royalty revenues. (c)Primarily reflects alliance revenues and royalty revenues. (d)Reflects product revenues and royalty revenues. (e)Erbitux® is a registered trademark of ImClone LLC. (f)Reflects alliance revenues. (g)Biosimilars are highly similar versions of approved and authorized biological medicines. Oncology biosimilars primarily include Ruxience, Zirabev, Retacrit, Trazimera and Nivestym. (h)PC1 includes revenues from our contract manufacturing and our active pharmaceutical ingredient sales operation, as well as revenues related to our manufacturing and supply agreements with legacy Pfizer businesses/partnerships. Also includes revenues associated with the wind-down of our former Pfizer Ignite operating segment, which were not material in both periods presented. We reclassified prior period amounts to conform to the current period presentation.
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