J&J Q3 Revenue Up 5.9% to $25.4 Billion, Raises Full-Year Guidance

On October 13, J&J reported its third-quarter results for fiscal year 2026, with revenue rising 5.9% year-over-year to $25.4 billion. Net income fell 95.9% to $210 million, while adjusted net income dropped 6.8% to $6.339 billion; adjusted earnings per share were $2.59, down 7.5%. The sharp decline in net income was primarily due to special items including the proposed talc litigation settlement. J&J raised its full-year 2026 revenue guidance midpoint to $101.2 billion, expecting a 7.4% increase, and adjusted EPS guidance midpoint to $11.10, representing a 2.9% year-over-year growth.