Earnings call briefSecond-quarter 2026
Gilead Sciences raises its 2026 HIV sales growth guidance to 9% to 10%
The company also raised the lower end of its total product sales range to $30.1 billion to $30.4 billion.
GetSignal Gilead Sciences GILD
Gilead Sciences said on its second-quarter call that it now expects full-year 2026 base business sales to grow approximately 6% to 7% year-over-year, to between $29.8 billion and $30.1 billion, an increase of $350 million at the midpoint from its May guidance.
Chief Financial Officer Andrew Dickinson said the company expects non-GAAP EPS between negative $0.65 and negative $0.30 for the full year.
Quotes from the call
“With a $4 billion annual run rate for our PrEP business and Biktarvy's continued strength, we are raising our full year HIV growth expectations to 9% to 10% year-over-year from prior guidance of 8% growth.”
“We had strong second quarter base business performance and are updating our full year sales and EPS guidance as follows: We now expect base business sales to grow approximately 6% to 7% year-over-year and range between $29.8 billion and $30.1 billion.”
Key facts from the call
- Expected 2026 HIV sales growth
- 9% to 10%, up from 8%
- Expected 2026 base business sales growth
- 6% to 7%
- Expected 2026 total product sales
- $30.1 billion to $30.4 billion
- Expected 2026 non-GAAP EPS
- negative $0.65 to negative $0.30
Source: Gilead Sciences' second-quarter 2026 earnings call, August 4, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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