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6-K ·Filed Oct 30, 2026

AZN

ASTRAZENECA PLC
NEUTRAL
Impact 5/10
Horizonweeks Processed2d 14h ago SEC0001654954-26-009256
6-K: Earnings release
Actionable Insight • Neutral

The Q3 beat and reaffirmed guidance are positive but largely in line with the strong growth trajectory. Key catalysts to watch: the Summit Therapeutics collaboration and ivonescimab data, the RSG restructuring execution, and the outcome of the Syntimmune appeal. The $392M judgment is material but appealable and within cash resources.

DirectionNeutral
Confidencehigh
Horizonweeks

Price Chart

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Executive Summary

AstraZeneca reported Q3 2026 total revenue of $16.21B, up 7% YoY, and Core EPS of $2.79, up 17% YoY, driven by double-digit growth in Oncology, R&I and Rare Disease. The company reconfirmed FY 2026 guidance for mid-to-high single-digit revenue growth and low double-digit Core EPS growth. A $2B equity investment in Summit Therapeutics and a $392M final judgment in the Syntimmune milestone litigation were notable post-period events.

Key Financial Metrics

EPS (Adj.)
$2.79
est $2.60 · +7.3% · GAAP: $2.02
Revenue
$16.2B
est $16.0B · +1.3% · +7.0% YoY
Rating
beat
Guidance
mid-to-high single-digit percentage increase
maintained
Gross Margin
82%

Key Facts

  • Q3 2026 total revenue $16.21B, up 7% YoY (CER 7%)
  • Q3 2026 Core EPS $2.79, up 17% YoY (CER 19%)
  • Q3 2026 Reported EPS $2.02, up 23% YoY (CER 26%)
  • FY 2026 guidance reconfirmed: mid-to-high single-digit revenue growth, low double-digit Core EPS growth
  • Oncology revenue up 17% YoY (CER) to $7.77B in Q3
  • CVRM revenue down 19% YoY (actual) to $2.60B, driven by Farxiga LOE and China VBP
  • Rare Disease revenue up 9% YoY (actual) to $2.63B
  • Completed $2B equity investment in Summit Therapeutics (12% stake) in October 2026
  • Initiated Reshaping for Sustainable Growth programme with up to $2B in restructuring costs and $1.5B in annualised savings
  • Syntimmune milestone litigation: $392M final judgment entered against AstraZeneca in October 2026; appeal planned
  • Net debt increased $2.46B YTD to $25.83B
  • Dividend increased to $3.30 per share for FY 2026

Financial Impact

Q3 revenue $16.21B vs consensus $16.00B; Core EPS $2.79 vs consensus $2.60 (per Street-EPS reference). Revenue beat by ~1.3%, EPS beat by ~7.3%.

revenueepsoperating marginnet debt

Segment Breakdown

SegmentRevenueGrowth
Oncology$7.8B+17.0%
Cardiovascular, Renal & Metabolism$2.6B-18.0%
Respiratory & Immunology$2.5B+11.0%
Infectious Disease$423.0M+2.0%
Rare Disease$2.6B+9.0%
Other Medicines$231.0M-5.0%

Risk Factors

  • Farxiga and Brilinta LOE continue to pressure CVRM revenue (down 19% in Q3)
  • Syntimmune $392M judgment plus post-judgment interest; appeal outcome uncertain
  • RSG restructuring costs up to $2B may pressure near-term margins
  • China VBP and generic competition affecting Lynparza, roxadustat and other products
  • Net debt increased to $25.8B; higher interest expense from new borrowings

Market Snapshot

Exchange
NYSE
Sector
Pharmaceutical Preparations
Analyst Consensus
82% bullish (34 analysts)

Investment Themes

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
6-K Filing (Primary)0001654954-26-009256
Document: 0001654954-26-009256-index-headers.html0001654954-26-009256
Document: 0001654954-26-009256-index.html0001654954-26-009256
Document: 0001654954-26-009256.txt0001654954-26-009256
Earnings Context (Synthetic; results releases only)0001654954-26-009256
70 reports for AZN
Performance horizon
50% Hit rate @ T+1 19 of 38 directional calls Went positive at some point 28 of 38 best @ T+20▲ +19.42%Jul 6, 2026
Filters
Rows
Reports for AZN, sortable and filterable
TypeNow
Oct 30, 2026
2d ago
6-K
NEUTRAL ★ 5/10
$174.40awaiting T+1awaiting T+1$186.65 (+7.02%)
Oct 27, 2026
5d ago
6-K
BULLISH ★ 5/10
$170.08 $169.51▼ −0.34%▼ −0.68%$186.65 (+9.74%)
Oct 22, 2026
10d ago
6-K
BULLISH ★ 6/10
$172.57 $171.49▼ −0.63%▼ −0.10%$186.65 (+8.16%)
Oct 15, 2026
18d ago
Court Ruling
BULLISH ★ 4/10
$165.41 $163.95▼ −0.88%▼ −1.31%$186.65 (+12.84%)
Oct 5, 2026
27d ago
6-K
NEUTRAL ★ 4/10
$156.53 $158.61▲ +1.33%▲ +0.78%$186.65 (+19.24%)
Oct 2, 2026
4w ago
6-K
NEUTRAL ★ 5/10
$156.90 $156.53▼ −0.24%▼ −0.91%$186.65 (+18.96%)
Oct 2, 2026
4w ago
Court Ruling
NEUTRAL ★ 3/10
$156.53 $158.61▲ +1.33%▲ +0.78%$186.65 (+19.24%)
Oct 1, 2026
4w ago
6-K
NEUTRAL ★ 1/10
$157.70 $156.90▼ −0.51%▼ −1.25%$186.65 (+18.36%)
Oct 1, 2026
4w ago
6-K
NEUTRAL ★ 1/10
$157.70 $156.90▼ −0.51%▼ −1.25%$186.65 (+18.36%)
Sep 29, 2026
4w ago
6-K
BULLISH ★ 5/10
$164.21 $161.47▼ −1.67%▼ −1.46%$186.65 (+13.67%)
Showing 10 of 70

US Market Status

Market Closed · Opens Tue (12h 24m)

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Report published Oct 30, 2026