Elanco sees FY26 adjusted EPS $1.00-$1.06, consensus $1.03

Sees FY26 revenue $4.95B-$5.02B, consensus $4.94B. Sees FY26 adjusted EBITDA $955M-$985M. “We are entering 2026 with positive momentum, and strong confidence in our IPP strategy to drive continued execution and value creation,” said Bob VanHimbergen, executive VP and CFO of Elanco (ELAN). “Our full-year outlook is balanced and consistent with the framework provided at our December Investor Day. We anticipate sustainable, competitive revenue growth as our innovation portfolio scales globally, on top of a stabilizing base. This innovation, combined with strategic pricing, helps to insulate us from broader macro pressures. Elanco Ascend, our productivity initiative, is on track to enable adjusted EBITDA margin expansion starting this year. We expect accelerating free cash flow over the next three years to further strengthen our balance sheet and improve our net leverage ratio.”