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The Money Desk · Blog
Re:

Bristol Myers Squibb vs. Johnson & Johnson Quarterly Revenue: Q2 2026

For Q2 2026, BMS reported $12.973 billion in total revenues and J&J reported $25.310 billion in sales. Their reported year-over-year growth was 6% and 6.6%, respectively.
From TheFinanceBase Team2 min to read
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In the second quarter of 2026, Johnson & Johnson reported $25.310 billion in sales, while Bristol Myers Squibb reported $12.973 billion in total revenues. The figures are company-reported top-line measures for the quarter ended June 30, 2026; their labels and underlying composition are not identical.

Q2 2026 reported top-line comparison

Company Q2 2026 amount Company’s measure label Q2 2025 amount Year-over-year reported growth
Bristol Myers Squibb (NYSE: BMY) $12.973 billion Total revenues $12.269 billion 6%
Johnson & Johnson (NYSE: JNJ) $25.310 billion Reported sales $23.743 billion 6.6%

BMS’s figures are from its Form 10-Q for the quarter ended June 30, 2026 and Q2 earnings release dated July 30, 2026. J&J’s figures are from its Q2 results release published July 15, 2026.

What the bar comparison does—and does not—show

On a common U.S.-dollar scale, J&J’s reported Q2 amount was just under twice BMS’s: $25.310 billion versus $12.973 billion. That is a comparison of reported top-line scale for the same quarter, not a claim that the companies’ accounting measures have identical composition. BMS calls its amount “total revenues” and reports net product sales alongside alliance and other revenues. J&J calls its amount “reported sales” and breaks sales out between Innovative Medicine and MedTech.

For a two-bar graphic, use one zero-based axis in U.S. dollars (billions), label each bar with its amount, and identify the period as Q2 2026. The issuer labels—“Total revenues” for BMS and “Reported sales” for J&J—belong in the chart labels or caption. The Q2 2025 amounts and growth rates are useful context, but they should be presented as comparisons, not as additional revenue bars on a chart of Q2 2026.

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Reported growth is not the same as currency-adjusted growth

The growth rates in the table compare each company’s reported Q2 2026 amount with its reported Q2 2025 amount. BMS also reported 5% growth excluding foreign exchange, compared with 6% reported growth. J&J reported 5.6% operational growth excluding translational currency and 5.7% adjusted operational growth excluding the net impact of acquisitions and divestitures and translational currency. Those are separate measures with different adjustments; they should not be substituted for reported growth or shown as revenue amounts. The definitions and results appear in the companies’ respective BMS release and J&J release.

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How to read the period and source figures

Both comparisons are for Q2 2026, so they align by quarter. BMS’s Form 10-Q states its interim financial statements are unaudited and presents amounts in millions; it notes amounts may not sum because of rounding. The reported values above are converted to billions for readability. J&J’s July 15 release provides its Q2 reported sales and prior-year comparison. These are interim company-reported results, not full-year totals.

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The figures are a dated snapshot: as of October 3, 2026, they represent the latest quarterly amounts in this comparison. For subsequent quarters, check the companies’ filings and earnings releases; J&J’s quarterly results page lists its releases, presentations, and filings.

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