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Pfizer Inc. FY 2025 10-K, explained in plain English

PFE · 10-K for the period ending December 31, 2025, filed February 26, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$62.6B
Gross margin74.3%
Operating income— not reported
Net income$7.8B
Diluted EPS$1.36
Cash & equivalents$1.1B
Total assets$208.2B
Long-term debt$61.6B

Key takeaway

Pfizer reported 2025 total revenue of $62.6 billion but net income dropped sharply to $7.8 billion, partly due to a $4.9 billion asset impairment charge.

🔒 4 more takeaways in the full analysis

Beneath the surface

Cash and equivalents of just $1.14 billion, plus $9.18 billion in current available-for-sale debt securities, total roughly $10.3 billion against $61.6 billion long-term debt plus $3.15 billion current debt, leaving a substantial net debt position of over $54 billion.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for PFE.

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