NYSE$WST

West Pharmaceutical Services Inc · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

West Pharmaceutical reported Q1 2026 net sales of $844.9M (+21% YoY) and net income of $138.8M, with diluted EPS of $1.92.

For the quarter ended March 31, 2026, West delivered net sales of $844.9 million versus $698.0 million from drug containment and delivery components. Net income was $138.8 million, or $1.92 diluted EPS, up from $89.8 million and $1.23. Operating profit was $177.1 million on biologics packaging demand.

  • Net sales $844.9M (+21% YoY).
  • Operating profit $177.1M.
  • Net income $138.8M; EPS $1.92.
  • High-value product mix expansion.
  • R&D and capacity investments.

Headline financials

Total Revenue

$845M

Previous: $698M+21.0%
EPS (adj)

$1.92

Previous: $1.23+56.1%
Capital Expenditures

-$42.7M

Previous: -$71.3M+40.1%
Net Income

$139M

Previous: $89.8M+54.6%
Operating Income

$177M

Previous: $107M+65.5%
Gross Profit

$296M

Previous: $232M+27.8%

Revenue & EPS history

West Pharma · Revenue · Quarterly

$845M

Q1 2026+21%vs Q1 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

West Pharma · $747M total across 2 segments · Q3 2023

  • Proprietary Products
    $603M+6.3%
  • Contract-Manufactured Products
    $145M+20.8%

Forward guidance

The 10-Q discusses operating trends, capital priorities, and sector risks; management does not provide numeric quarterly EPS bridges in the filing body.

Tailwinds

  • Net sales $844.9M (+21% YoY).
  • Operating profit $177.1M.

Headwinds

  • High-value product mix expansion.
  • R&D and capacity investments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.0%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+1.9%

Avg return

30 days after

51%

35 / 69 earnings

Positive

+14.9%

Q1 2020

Best reaction

-38.2%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.3%+6.5%+15.4%
Q4 2025-1.0%-1.2%-4.3%
Q3 2025+11.1%+2.3%-2.1%
Q2 2025-0.0%+0.3%+3.0%
Q1 2025-3.5%-2.2%-5.8%
Q4 2024-38.2%-34.5%-28.6%
Q3 2024+7.5%+11.2%+10.5%
Q2 2024-12.0%-7.5%-6.5%
Q1 2024-6.6%-7.3%-14.0%
Q4 2023-11.3%-14.2%-5.0%
Q3 2023-10.4%-11.1%-1.3%
Q2 2023-3.7%-2.0%+3.8%
Q1 2023+1.1%+3.5%-3.8%
Q4 2022+12.4%+9.9%+18.1%
Q3 2022-11.4%-9.8%-10.9%
Q2 2022+7.2%+5.8%-5.2%
Q1 2022-5.2%-7.8%-3.4%
Q4 2021-2.6%-2.7%+9.3%
Q3 2021+2.0%+4.0%+4.2%
Q2 2021+7.2%+9.9%+16.4%
Q1 2021+2.0%+2.2%+7.8%
Q4 2020-4.2%-6.7%-5.7%
Q3 2020-0.9%+0.6%+0.1%
Q2 2020+2.9%+3.5%+6.3%
Q1 2020+14.9%+13.5%+24.3%
Q4 2019+7.6%+6.8%-9.9%
Q3 2019+1.2%+3.1%+5.2%
Q2 2019+12.0%+12.4%+17.2%
Q1 2019+7.4%+7.4%+0.9%
Q4 2018-3.7%-4.0%-2.0%
Q3 2018-9.6%-6.4%-5.5%
Q2 2018+10.0%+10.0%+17.2%
Q1 2018+1.0%-0.3%+4.0%
Q4 2017-8.0%-5.7%-4.3%
Q3 2017+10.4%+10.6%+6.3%
Q2 2017-3.4%-5.3%-7.8%
Q1 2017+9.6%+12.2%+15.5%
Q4 2016-4.4%-4.0%-4.9%
Q3 2016+3.9%+5.2%+16.3%
Q2 2016+2.4%+3.0%+4.0%
Q1 2016-1.2%
Q4 2015+4.1%
Q3 2015+0.1%
Q2 2015-1.2%
Q1 2015-3.1%
Q4 2014+2.7%
Q3 2014+8.3%
Q2 2014-0.1%
Q1 2014+0.5%
Q4 2013+0.8%
Q3 2013+0.6%
Q2 2013+3.4%
Q1 2013+1.2%
Q4 2012+3.3%
Q3 2012-2.3%
Q2 2012+2.6%
Q1 2012+0.9%
Q4 2011-2.1%
Q3 2011+2.2%
Q2 2011+2.1%
Q1 2010-0.6%
Q1 2011+1.4%
Q4 2008-1.9%
Q4 2010-1.9%
Q3 2010-0.7%
Q3 2009-0.7%
Q2 2009-2.4%
Q4 2009-2.4%
Q2 2010-2.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro