Ad hoc announcement pursuant to Art. 53 LR
Basel, 22 October 2026
Roche continues strong momentum in the third quarter with sales growth of +7% at constant exchange rates (CER) and +8% in CHF; Group sales increase +6% (CER), +1% in CHF, in the first nine months of 2026
- Group sales were +6% at constant exchange rates (CER)1, +1% when reported in CHF and +7% in USD2, in the first nine months of 2026, driven by high demand for our innovative medicines and diagnostics. In the third quarter, sales grew +7% (CER) and +8% in CHF (+7% in USD), as exchange rates stabilised.
- Pharmaceuticals Division sales were +7% at CER, +2% when reported in CHF and +8% in USD, in the first nine months, due to continued high demand for medicines to treat severe diseases; Xolair (chronic hives, food allergies), Hemlibra (haemophilia A), Ocrevus (multiple sclerosis), Phesgo (breast cancer) and Vabysmo (severe eye diseases) were the top growth drivers.
- Diagnostics Division sales were +4% at CER, stable when reported in CHF and +6% in USD, in the first nine months, as demand for core lab and pathology solutions more than offset the impact of healthcare pricing reforms in China.
- Highlights:
- US approval for Tecentriq for the adjuvant treatment of stage-III DNA mismatch repair colon cancer, Gazyva/Gazyvaro for reducing the risk of relapse in patients 2 years of age and older with frequently relapsing or steroid-dependent childhood-onset idiopathic nephrotic syndrome and Enspryng in thyroid eye disease
- US Priority Reviews for fenebrutinib in both relapsing and primary progressive multiple sclerosis and Enspryng in MOGAD, an autoimmune disease; vamikibart filing acceptance in uveitic macular edema, a leading cause of vision loss
- EU approval for Susvimo in neovascular age-related macular degeneration (nAMD), a severe eye disease, and Ocrevus in paediatric relapsing multiple sclerosis; EMA validation of application for Enspryng in MOGAD in Europe
-
- Positive data for: sefaxersen in an autoimmune condition affecting kidney function (phase III), Lunsumio in blood cancer (phase III), Tam-Peli in relapsed small-cell lung cancer (phase III) as well as enicepatide and petrelintide in overweight or obesity and type 2 diabetes (both phase II)
- US clearance for Elecsys pTau217 test, providing clinicians across primary and specialty care with a single-biomarker blood test to aid in identifying amyloid pathology associated with Alzheimer’s disease
- Launch of two new, real-time PCR tests to support public health epidemic response to the US outbreak of the Cyclospora cayetanensis parasite
- Delivery of molecular tests to support the Democratic Republic of the Congo health ministry-led response to the Ebola outbreak
- Manufacturing and R&D capacity expansion: Hillsboro injectable medicines facility and Innovation Center Boston for cardiovascular, renal and metabolic diseases in the US and small molecules facility in Basel, Switzerland
- Outlook for 2026 confirmed
Roche CEO Thomas Schinecker: “In the third quarter, we delivered strong sales growth of +7% at constant exchange rates and +8% in Swiss francs.
Most importantly, we continued to make meaningful progress for patients. We advanced another five potential new medicines into the final stage of development this year and now aim to bring up to 20 new medicines to patients by 2030.
The US FDA granted Priority Review for fenebrutinib in both relapsing and primary progressive multiple sclerosis, bringing us closer to delivering the first high-efficacy, brain-penetrant oral therapy to patients. Giredestrant is also under FDA Priority Review in both early-stage and advanced breast cancer, and we are fully prepared to launch later this year, pending approval.
In Diagnostics, we received US FDA clearance for Elecsys pTau217, the first and only FDA-cleared single-biomarker blood test for Alzheimer’s disease that supports both rule-in and rule-out assessment of amyloid pathology across primary and specialty care settings.
We confirm our full-year outlook.”
Outlook for 2026
Roche (SIX: RO, ROP; OTCQX: RHHBY) expects an increase in Group sales in the mid single digit range (CER) for 2026. Core earnings per share are targeted to develop in the high single digit range (CER). Roche expects to further increase its dividend in Swiss francs.
| Sales | CHF millions | As % of sales | % change | ||||
| January–September | 2026 | 2025 | 2026 | 2025 | At CER | In CHF | In USD |
| Group | 46,493 | 45,862 | 100.0 | 100.0 | +6 | +1 | +7 |
| Pharmaceuticals Division | 36,212 | 35,555 | 77.9 | 77.5 | +7 | +2 | +8 |
| United States | 18,712 | 18,798 | 40.2 | 41.0 | +5 | 0 | |
| Europe | 6,819 | 6,818 | 14.7 | 14.9 | +2 | 0 | |
| Japan | 2,352 | 2,139 | 5.1 | 4.7 | +25 | +10 | |
| International | 8,329 | 7,800 | 17.9 | 16.9 | +10 | +7 | |
| Diagnostics Division | 10,281 | 10,307 | 22.1 | 22.5 | +4 | 0 | +6 |
| International: Asia-Pacific, CEETRIS (Central Eastern Europe, Türkiye, Russia and Indian subcontinent), Latin America, Middle East, Africa, Canada, others | |||||||
Group sales
In the first nine months of 2026, Roche sales were +6% at CER, +1% when reported in CHF, to CHF 46.5 billion due to strong demand for pharmaceutical products and diagnostic solutions. The appreciation of the Swiss franc against most currencies, notably the US dollar, had a significant impact on the results reported in Swiss francs compared to constant exchange rates. This currency impact reversed in the third quarter.
Sales growth in the Pharmaceuticals Division was +7% at CER, +2% when reported in CHF, to CHF 36.2 billion, with medicines for severe diseases continuing their strong growth.
The top five growth drivers – Xolair, Hemlibra, Ocrevus, Phesgo and Vabysmo – achieved total sales of CHF 16.8 billion, an increase of +12% at CER, or +6% in CHF, compared to the first nine months of 2025.
Sales of products with expired patents (Avastin, Herceptin, MabThera/Rituxan, Lucentis and Actemra/RoActemra) decreased by a combined CHF 0.4 billion at CER, or CHF 0.6 billion in CHF.
In the United States, sales were +5% at CER, stable when reported in CHF, due to continued growth of Xolair, Hemlibra, Ocrevus, Polivy (blood cancer) and Tecentriq (cancer immunotherapy). This growth more than compensated for the lower sales of Kadcyla (breast cancer) and Perjeta (breast cancer).
Sales in Europe were +2% at CER, stable when reported in CHF, as the growing demand for Ocrevus, Phesgo and Evrysdi (spinal muscular atrophy) more than offset the impact of biosimilar competition on Actemra/RoActemra and the conversion to Phesgo on Perjeta.
In Japan, sales were +25% at CER, +10% when reported in CHF, mainly due to product supply to third parties and continued growth of Lunsumio (blood cancer), Hemlibra, Polivy, Elevidys (Duchenne muscular dystrophy) and Vabysmo. There was also a positive impact of timing effects related to the implementation of a new enterprise resource planning (ERP) system.
Sales in the International region were +10% at CER, +7% when reported in CHF, led by higher sales of Phesgo, Vabysmo, Hemlibra, Ocrevus and Evrysdi. In China, sales were stable at CER and when reported in CHF, driven by continued growth of Phesgo, Vabysmo, Alecensa and Polivy. The increase was partially offset by lower sales of Perjeta due to the conversion to Phesgo and Xofluza due to a milder flu season in 2025.
The Diagnostics Division’s sales were +4% at CER, stable when reported in CHF, to CHF 10.3 billion as growth in demand for core lab and pathology solutions more than offset the impact of healthcare pricing reforms in China.
Sales in the Europe, Middle East and Africa (EMEA) region were +3% at CER, unchanged when reported in CHF, driven by higher sales of clinical chemistry and immunodiagnostic products. In North America, sales were +9% at CER, +3% when reported in CHF, with growth across the Core Lab, Pathology Lab and Molecular Lab customer areas. Sales in Asia-Pacific were -4% at CER, or -8% when reported in CHF, due to the healthcare pricing reforms in China. In Latin America, sales growth was +12% at CER, or +11% when reported in CHF.
Pharmaceuticals: key developments
| Compound | Milestone |
| Regulatory | |
| Enspryng Thyroid eye disease |
FDA approves Enspryng, a first-in-class IL-6R inhibitor, as the first and only at-home subcutaneous treatment option for thyroid eye disease (TED)
More information: Media Release, 16 October 2026 |
| Tecentriq Different types of cancer |
FDA approves Tecentriq in combination with a fluoropyrimidine and oxaliplatin for the adjuvant treatment of a certain type of stage III colon cancer
More information: Media Release, 9 October 2026 |
| Fenebrutinib Multiple sclerosis |
Fenebrutinib is the first BTK inhibitor to receive US FDA filing acceptance in both relapsing and primary progressive multiple sclerosis
More information: Media Release, 30 September 2026 |
| Susvimo Severe eye diseases |
European Commission approves Susvimo for the treatment of neovascular age-related macular degeneration
More information: Media Release, 21 September 2026 |
| Enspryng MOGAD |
FDA grants Priority Review for Enspryng for MOGAD, an autoimmune disease with no approved treatments
More information: Media Release, 10 September 2026 |
| Phase III, pivotal and other key read-outs | |
| Sefaxersen IgA nephropathy |
Positive interim data shows sefaxersen significantly reduces proteinuria in people with IgA nephropathy (IgAN)
More information: Media Release, 23 September 2026 |
| Enicepatide Obesity |
Roche announces positive phase II results for dual GLP-1/GIP receptor agonist enicepatide in people living with type 2 diabetes and overweight or obesity
More information: Media Release, 22 September 2026 |
| Lunsumio Blood cancer |
Regimen based on Lunsumio significantly improves progression-free survival in follicular lymphoma in phase III CELESTIMO study
More information: Media Release, 17 September 2026 |
| Tam-Peli Lung cancer |
Roche’s collaborator MediLink announces phase III data for Tam-Peli showing significantly improved overall survival in Chinese patient population with relapsed small-cell lung cancer
More information: Media Release, 13 September 2026 |
| Vabysmo Severe eye diseases |
Vabysmo demonstrates sustained two-year results in a difficult-to-treat form of nAMD
More information: Media Release, 28 August 2026 |
| Other | |
| ESMO presentation Lung and breast cancer portfolio |
Roche to present pivotal data at ESMO 2026, showcasing advances across its lung and breast cancer late-stage portfolio
|
| Vamikibart Uveitic macular edema |
Roche presents new phase III one-year data for vamikibart in uveitic macular edema (UME), a serious cause of vision loss
More information: Media Release, 10 October 2026 |
| Vabysmo Severe eye diseases |
Roche presents new data at EURETINA, highlighting the real-world effectiveness and safety of Vabysmo across major retinal conditions
|
| Giredestrant Breast cancer |
Giredestrant combination significantly improved progression-free survival in ER-positive advanced breast cancer in phase III evERA data published in The New England Journal of Medicine
More information: Media Release, 1 October 2026 |
| Board of Directors nomination | Roche proposes Dr Christophe Weber, former CEO of Takeda Pharmaceuticals, for election to its Board of Directors at the 2027 Annual General Meeting
More information: Media Release, 23 September 2026 |
| Innovation Center Boston | Roche announces grand opening of its Innovation Center Boston to drive advancements in cardiovascular, renal and metabolic diseases
More information: Media Release, 17 September 2026 |
| Hillsboro facility | Genentech, Roche’s US subsidiary, announces a USD 750 million manufacturing expansion in Hillsboro, Oregon
More information: Media Release, 20 August 2026 |
Pharmaceuticals sales
| Sales | CHF millions | As % of sales | % change | |||
| January–September | 2026 | 2025 | 2026 | 2025 | At CER | In CHF |
| Pharmaceuticals Division | 36,212 | 35,555 | 100.0 | 100.0 | +7 | +2 |
| United States | 18,712 | 18,798 | 51.7 | 52.9 | +5 | 0 |
| Europe | 6,819 | 6,818 | 18.8 | 19.2 | +2 | 0 |
| Japan | 2,352 | 2,139 | 6.5 | 6.0 | +25 | +10 |
| International | 8,329 | 7,800 | 23.0 | 21.9 | +10 | +7 |
International: Asia-Pacific, CEETRIS (Central Eastern Europe, Türkiye, Russia and Indian subcontinent), Latin America, Middle East, Africa, Canada, others
| Top 20 best-selling pharmaceuticals (% change at CER1) |
Total | United States | Europe | Japan | International | |||||
| CHF m | % | CHF m | % | CHF m | % | CHF m | % | CHF m | % | |
| Ocrevus Multiple sclerosis |
5,317 | +7 | 3,581 | +5 | 1,136 | +9 | – | – | 600 | +21 |
| Hemlibra Haemophilia A |
3,750 | +12 | 2,006 | +9 | 769 | +5 | 291 | +20 | 684 | +23 |
| Vabysmo Eye diseases (nAMD, DME, RVO) |
3,196 | +10 | 2,060 | +2 | 585 | +7 | 131 | +41 | 420 | +65 |
| Tecentriq Cancer immunotherapy |
2,615 | +5 | 1,243 | +8 | 626 | -2 | 245 | +6 | 501 | +9 |
| Xolair3 Chronic hives, food allergies |
2,521 | +20 | 2,521 | +20 | – | – | – | – | – | – |
| Phesgo Breast cancer |
2,064 | +18 | 486 | -1 | 657 | +11 | 152 | +24 | 769 | +43 |
| Perjeta3 Breast cancer |
2,040 | -8 | 824 | -10 | 361 | -13 | 38 | -20 | 817 | -3 |
| Actemra/RoActemra3 RA, COVID-19 |
1,621 | -10 | 795 | -9 | 328 | -26 | 232 | +14 | 266 | -4 |
| Evrysdi Spinal muscular atrophy |
1,470 | +18 | 497 | +12 | 504 | +14 | 65 | +7 | 404 | +33 |
| Kadcyla3 Breast cancer |
1,339 | -9 | 442 | -19 | 370 | -5 | 65 | +9 | 462 | -2 |
| Polivy Blood cancer |
1,302 | +24 | 606 | +29 | 204 | -9 | 176 | +30 | 316 | +44 |
| Alecensa Lung cancer |
1,213 | +6 | 391 | -1 | 189 | -3 | 154 | +15 | 479 | +15 |
| MabThera/Rituxan3 Blood cancer, RA |
919 | +3 | 605 | +12 | 94 | -8 | 8 | -16 | 212 | -10 |
| Activase/TNKase3 Cardiac diseases |
830 | +6 | 792 | +5 | – | – | – | – | 38 | +12 |
| Gazyva/Gazyvaro3 Blood cancer, lupus nephritis |
751 | +7 | 369 | +4 | 176 | -2 | 28 | +28 | 178 | +25 |
| Herceptin3 Breast and gastric cancer |
695 | -12 | 140 | -15 | 205 | -6 | 3 | -35 | 347 | -13 |
| Avastin3 Various cancer types |
639 | -12 | 195 | -8 | 56 | +5 | 56 | -43 | 332 | -9 |
| Columvi Blood cancer |
327 | +67 | 146 | +24 | 92 | +113 | – | – | 89 | +167 |
| Enspryng Acute inflammation of brain, spinal cord and optic nerves |
319 | +28 | 79 | +18 | 34 | +18 | 138 | +30 | 68 | +42 |
| Pulmozyme3 Cystic fibrosis |
303 | -12 | 214 | -11 | 43 | -11 | 1 | +38 | 45 | -18 |
DME: diabetic macular edema / nAMD: neovascular or ‘wet’ age-related macular degeneration / RVO: retinal vein occlusion / RA: rheumatoid arthritis
Diagnostics key developments
| Product | Milestone |
| Elecsys pTau217 Alzheimer’s disease |
Roche receives FDA clearance for Elecsys pTau217, advancing Alzheimer’s disease assessment across primary and specialty care
|
Diagnostics sales
| Sales | CHF millions | As % of sales | % change | |||
| January–September | 2026 | 2025 | 2026 | 2025 | At CER | In CHF |
| Diagnostics Division | 10,281 | 10,307 | 100.0 | 100.0 | +4 | 0 |
| Customer areas | ||||||
| Core Lab | 5,755 | 5,688 | 56.0 | 55.2 | +5 | +1 |
| Molecular Lab | 1,836 | 1,861 | 17.9 | 18.1 | +3 | -1 |
| Near Patient Care | 1,348 | 1,477 | 13.1 | 14.3 | -5 | -9 |
| Pathology Lab | 1,342 | 1,281 | 13.0 | 12.4 | +10 | +5 |
| Regions | ||||||
| Europe, Middle East, Africa | 3,698 | 3,686 | 36.0 | 35.8 | +3 | 0 |
| North America | 3,389 | 3,305 | 32.9 | 32.1 | +9 | +3 |
| Asia-Pacific | 2,343 | 2,547 | 22.8 | 24.7 | -4 | -8 |
| Latin America | 851 | 769 | 8.3 | 7.4 | +12 | +11 |
More information on Roche’s performance in the first nine months of 2026:
About Roche
Roche (SIX: RO, ROP; OTCQX: RHHBY) is a healthcare company uniquely placed to prevent, stop and cure diseases by uniting leading science and technology across diagnostics, medicines and digital solutions.
Roche was founded in Basel, Switzerland in 1896 and today is a leading provider of transformative medicines and diagnostics for millions of people in over 150 countries around the world. It is dedicated to tackling healthcare challenges that place the greatest strain on patients, families, communities and healthcare systems. Across its Diagnostics and Pharmaceuticals Divisions, Roche focuses on areas including oncology, neurology, cardiovascular and metabolic diseases, ophthalmology, infectious diseases and immunology with the aim of providing real and positive change for patients, the people they love and the professionals who care for them.
Genentech in the United States is a fully owned subsidiary in the Roche Group. Roche is the majority shareholder in Chugai Pharmaceutical, a major innovator in the Japanese therapeutic antibody market.
For more information, please visit www.roche.com.
All trademarks used or mentioned in this release are protected by law.
References
[1] CER (Constant Exchange Rates). The percentage changes at constant exchange rates are calculated using simulations by reconsolidating both the 2026 and 2025 results at constant exchange rates (the average rates for the year ended 31 December 2025). For the definition of CER, see page 178 of the Roche Finance Report 2025.
[2] USD (US dollars). The percentage changes for selected sales figures at US dollars are calculated by translating both the 2026 and 2025 sales figures at the respective average US dollar exchange rate for the period in question. This supplementary information is provided to assist readers when assessing comparability with other companies.
[3] Products launched before 2015.
Cautionary statement regarding forward-looking statements
This document contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes’, ‘expects’, ‘anticipates’, ‘projects’, ‘intends’, ‘should’, ‘seeks’, ‘estimates’, ‘future’ or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. Various factors may cause actual results to differ materially in the future from those reflected in forward-looking statements contained in this document, such as: (1) pricing and product initiatives of competitors; (2) legislative and regulatory developments and economic conditions; (3) delay or inability in obtaining regulatory approvals or bringing products to market; (4) fluctuations in currency exchange rates and general financial market conditions; (5) uncertainties in the discovery, development or marketing of new products or new uses of existing products, including without limitation negative results of clinical trials or research projects, unexpected side effects of pipeline or marketed products; (6) increased government pricing pressures; (7) interruptions in production; (8) loss of or inability to obtain adequate protection for intellectual property rights; (9) litigation; (10) loss of key executives or other employees; and (11) adverse publicity and news coverage. The statement regarding earnings per share growth is not a profit forecast and should not be interpreted to mean that Roche’s earnings or earnings per share for this or any subsequent period will necessarily match or exceed the historical published earnings or earnings per share of Roche.
Roche Global Media Relations
Phone: +41 61 688 88 88 / e-mail: [email protected]
| Tristan Schmitz Phone: +41 79 529 70 35 |
Lorena Corfas Phone: +41 79 568 24 95 |
| Simon Goldsborough Phone: +44 797 32 72 915 |
Karsten Kleine Phone: +41 79 461 86 83 |
| Kirti Pandey Phone: +41 79 398 38 53 |
Yvette Petillon Phone: +41 79 961 92 50 |
| Irène Stephan Phone: +41 79 377 83 75 |
Albert Thottiyil Phone: +41 79 775 66 12 |
Roche Investor Relations
| Dr Bruno Eschli Phone: +41 61 687 5 284 e-mail: [email protected] |
Dr Sabine Borngräber Phone: +41 61 688 80 27 e-mail: [email protected] |
| Dr Birgit Masjost Phone: +41 61 688 48 14 e-mail: [email protected] |
Investor Relations North America
| Loren Kalm Phone: +1 650 225 3217 e-mail: [email protected] |
Attachments
- Communications appendix tables_YTD Sep 2026_Sales_02102026
- Media Investor Release Roche Q3 2026 English

Featured Image: Megapixl @ Terovesalainen

