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Wednesday, April 29, 2026

Regeneron cuts 2026 GAAP gross margin guidance after Limerick interruption

 

Regeneron beats Q1 2026 estimates with non-GAAP EPS $9.47 (+15% YoY) and revenue $3.6B (+19% YoY), cuts 2026 GAAP gross margin guidance after Limerick interruption

  • 2026 GAAP gross margin guidance cut to 77%-78% from 79%-80% after temporary interruption at Limerick, Ireland manufacturing facility.
  • Quarterly earnings and revenue performance was driven by Dupixent growth.
  • Board approved $3B share repurchase authorization and declared a $0.94 dividend.
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