Johnson & Johnson releases transcript of Q1 2026 earnings call
Johnson & Johnson
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- Johnson & Johnson reviewed first-quarter 2026 results on its April 14 earnings call attended by Chairman and CEO Joaquin Duato, CFO Joseph Wolk, Investor Relations VP Darren Snellgrove, Pharmaceuticals chair Jennifer Taubert, Pharmaceuticals R&D head John Reed, MedTech chair Tim Schmid.
- Operational sales rose 6.4% to $24.1 billion, despite a 540-basis-point headwind from STELARA; adjusted EPS fell 2.5% to $2.70.
- Full-year 2026 guidance increased to operational sales growth of 5.9% to 6.9% with midpoint sales of $100.2 billion; adjusted operational EPS raised $0.02 to $11.30 to $11.50.
- Management highlighted early ICOTYDE launch momentum in plaque psoriasis, citing about 1,500 patient prescriptions routed through its access hub within weeks of approval.
- INLEXZO sales ran slightly above $30 million in quarter; management cited more than 50% week-one jump in new patient insertions following April 1 permanent J-code reimbursement, rising to nearly 90% in week two.
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