J&J Reports $94.2 Billion Full‑Year 2025 Revenue, Driven by Oncology and Immunology Growth

J&J Reports $94.2 Billion Full‑Year 2025 Revenue, Driven by Oncology and Immunology Growth

Johnson & Johnson (J&J, NYSE: JNJ) reported fourth‑quarter revenue of $24.6 billion, up 9.1% year‑on‑year (YOY), bringing full‑year 2025 revenue to $94.2 billion, an increase of 6.0% compared to 2024. The company highlighted key regulatory approvals, pipeline milestones, and strategic acquisitions as primary growth catalysts.

Full‑Year 2025 Performance & Strategic Highlights

MetricQ4 2025Full‑Year 2025YOY Growth
Total Revenue$24.6 B$94.2 B+6.0%
Innovative Medicine$60.4 B+5.3%
MedTech$33.8 B+5.4%
2026 Revenue Guidance$100.5 B (guidance)+6.7% vs. 2025

Key 2025 Achievements:

  • Caplyta approved for major depressive disorder
  • Rybrevant faspro + Lazcluze approved for non‑small cell lung cancer
  • Tecvayli + Darzalex faspro milestone data may establish new standard of care for relapsed/refractory multiple myeloma
  • Halda Therapeutics acquisition completed
  • OTTAVA surgical robotics system registration application submitted

Innovative Medicine Segment – Growth Drivers

Product2025 SalesYOY GrowthKey Indication
Daratumumab$14.35 B+22%Multiple myeloma
Guselkumab$5.155 B+39.8%Immunology (psoriasis)
Apalutamide$3.574 B+17.2%Prostate cancer
Golimumab$2.668 B+21.7%Rheumatoid arthritis
Ciltacabtagene autoleucel$1.887 B+94.3%CAR‑T cell therapy
Esketamine$1.696 B+57%Treatment‑resistant depression
Amivantamab/lazertinib$734 MNSCLC

Segment Performance: Innovative Medicine revenue reached $60.4 billion, up 5.3% YOY, with oncology and immunology franchises delivering double‑digit growth offsetting mature product decline.

MedTech Segment & 2026 Outlook

  • MedTech Revenue: $33.8 billion, up 5.4% YOY, driven by the Shockwave acquisition and net M&A contributing +1.1% to growth
  • Growth Drivers: Cardiovascular portfolio expansion (Shockwave), continued robotics adoption, and international market penetration
  • 2026 Guidance: Management reaffirmed full‑year revenue guidance of $100.5 billion, reflecting confidence in oncology momentum and MedTech integration

Forward‑Looking Statements
This brief contains forward‑looking statements regarding J&J’s 2026 revenue guidance, pipeline development, and commercial expectations for key products. Actual results may differ due to competitive pressures, regulatory changes, and macroeconomic factors.-Fineline Info & Tech