WEST PHARMACEUTICAL SERVICES, INC. (WST) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Business Segment
2026-01-01 to 2026-06-30
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WEST PHARMACEUTICAL SERVICES, INC. (WST) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net sales
- 1,717,200,000 US dollars
- Cost of goods and services sold
- 1,091,600,000 US dollars
- Gross profit
- 625,600,000 US dollars
- Operating costs, including other operating expenses (calculated)
- 269,400,000 US dollars
- Operating profit
- 356,200,000 US dollars
- Other income (expense), net (calculated)
- 4,000,000 US dollars
- Income before income taxes and equity in net income of affiliated companies
- 360,200,000 US dollars
- Income tax expense
- 76,900,000 US dollars
- Net income
- 292,800,000 US dollars
- Proprietary Products
- 1,416,900,000 US dollars
- West Vantage
- 300,300,000 US dollars
- Research and development
- 35,500,000 US dollars
- Selling, general and administrative expenses
- 217,100,000 US dollars
- Other expense (income) (Note 14)
- 16,800,000 US dollars
- Equity in net income of affiliated companies
- 9,500,000 US dollars. Reported below-tax contribution to net income.
- Proprietary Products costs (calculated)
- 1,015,800,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- West Vantage costs (calculated)
- 271,800,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- 73,400,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

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Gross margin
36.4%
Gross profit / revenue
Operating margin
20.7%
Operating profit / revenue
Cash conversion
73.1%
Operating cash / net income, same period
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