Pfizer Provides Full-Year 2025 Guidance and Reaffirms Full-Year 2024 Guidance
Pfizer anticipates full-year 2025 revenues to be in the range of $61.0 to $64.0 billion, which includes the expectation of revenues from our COVID-19 products in 2025 being largely consistent with 2024 after excluding approximately $1.2 billion of non-recurring revenue for Paxlovid in 2024. Pfizer expects full-year 2025 operational revenue growth, year-over-year, in a range of approximately flat to 5% from the midpoint of 2024 baseline guidance, which excludes 2024 non-recurring items.