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STRATUM

BMY

BRISTOL MYERS SQUIBB CO
CIK 0000014272 · Pharmaceutical Preparations
Net margin
14.6%
as of 2025-12-31
Revenue YoY growth
-0.2%
as of 2025-12-31
Disclosure completeness
9 / 11

Categories of dependency expected for this filer that were actually found stated in Risk Factors / MD&A.

Provenance: BMY’s most recent Revenue
$48,194,000,000
Filing
0000014272-26-000004 (10-K)
Period
2025-01-01 to 2025-12-31
XBRL tag
us-gaap:Revenues
Context
c-1
Mapping
seed · confidence 1.00
View the filed document ↗
What the filing says drives results

Extracted from Risk Factors / MD&A, checked verbatim against the source text before being stored.

REGULATORY COMPLIANCEItem 7 MD&A

The expanded utilization of the 340B program in recent years has negatively affected our revenues and profit margins.

CUSTOMER CONCENTRATIONItem 1A Risk Factors

The growth and consolidation of MCOs and PBMs in the U.S. has also been a major factor in the healthcare marketplace.

COMPETITIONItem 1A Risk Factors

Consequently, pharmaceutical companies compete aggressively to have their products included on these formularies.

REGULATORY COMPLIANCEItem 1A Risk Factors

In many markets outside the U.S., we operate in an environment of government-mandated, cost-containment programs.

REGULATORY COMPLIANCEItem 1A Risk Factors

In most EU countries, for example, the government regulates pricing of a new product at launch often through direct price controls, international price comparisons, and/or reference pricing to the current standard of care.

REGULATORY COMPLIANCEItem 1A Risk Factors

The IRA directs (i) the federal government to “negotiate” prices for select high-cost Medicare Part D (beginning in 2026) and Part B (beginning in 2028) drugs that are more than nine years (for small-molecule drugs) or 13 years (for biologics) from their initial FDA approval

REGULATORY COMPLIANCEItem 1A Risk Factors

Further, the U.S. and other countries have recently imposed, and may continue to impose, new tariffs.

REGULATORY COMPLIANCEItem 1A Risk Factors

At the state level, multiple states have passed, are pursuing or are considering government action via legislation or regulations to change drug pricing and reimbursement