BeOne Medicines ONC

BeOne Medicines reports strong Q3 2026 results

Item 2.02 Reports results

Form
8-K
Filed
Importance
Major
  1. Total global revenues of $1.9 billion for the third quarter, up 34% from prior year
  2. BRUKINSA global revenues of $1.4 billion, up 34% from prior year
  3. Diluted GAAP EPS of $3.28 for the third quarter, non-GAAP diluted EPS of $4.59
  4. Raised 2026 revenue guidance to $6.9 to $7.0 billion

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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The reading, claim by claim

  1. On November 5, 2026 , BeOne Medicines Ltd. announced its financial results for the three months ended September 30, 2026.
  2. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  3. Product Revenue totaled $1.9 billion for the third quarter of 2026, representing growth of 33% compared to the prior-year period. • BRUKINSA: Global sales totaled $1.4 billion for the third quarter of 2026, representing growth of 34% compared to the prior-year period; U.S. sales of BRUKINSA totaled $1.0 billion in the third quarter of 2026, representing growth of 36% compared to the prior-year period. • TEVIMBRA (tislelizumab): Global sales totaled $243 million in the third quarter of 2026, representing growth of 28% compared to the prior-year period.

3 of 3 claims matched the filing text.

For perspective, checked against its own source

From the 10-Q for the quarter ended June 30, 2026

  • For the quarter ended June 30, 2026, BeOne Medicines Ltd. reported: Revenue $1.7 billion.
  • Net income $237.0 million.
  • Gross margin 89.8%.
  • Operating margin 19.1%.
  • Net margin 13.9%.
  • Revenue change from a year earlier +29.6%.

From the filing

Item 2.02. Results of Operations and Financial Condition.

Item 2.02. Results of Operations and Financial Condition.

On November 5, 2026 , BeOne Medicines Ltd. announced its financial results for the three months ended September 30, 2026.1 A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits .

Exhibit No. Description

99.1 Press release titled "BeOne Medicines Announces Third Quarter 2026 Financial Results and Business Updates" issued by BeOne Medicines Ltd. on November 5, 2026

104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

The portions of the press release set forth under Item 2.02 of this Current Report on Form 8-K are being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as expressly set forth by specific reference in such filing.

Exhibit Index

Exhibit No. Description

99.1 Press release titled "BeOne Medicines Announces Third Quarter 2026 Financial Results and Business Updates" issued by BeOne Medicines Ltd. on November 5, 2026

104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.2

BEONE MEDICINES LTD.

Date: November 5, 2026

By: /s/ Chan Lee

Name: Chan Lee

Title: Senior Vice President, General Counsel

BeOne Medicines Announces Third Quarter 2026 Financial Results and Business Updates

• Total global revenues of $1.9 billion for the third quarter, an increase of 34% from the prior year

• BRUKINSA (zanubrutinib) global revenues of $1.4 billion for the third quarter, an increase of 34% from the prior year

• Diluted GAAP Earnings per American Depository Share (ADS) of $3.28 for the third quarter; non-GAAP diluted Earnings per ADS of $4.59 for the third quarter

• Raised 2026 total revenue guidance to $6.9 to $7.0 billion; GAAP operating income of $1.2 to $1.3 billion, non-GAAP operating income of $1.9 to $2.0 billion

SAN CARLOS, Calif. – November 5, 2026 – BeOne Medicines Ltd. (NASDAQ: ONC; HKEX: 06160; SSE: 688235), a global oncology company, today announced financial results and corporate updates from the third quarter of 2026.

John V. Oyler, Co-Founder, Chairman, and CEO, BeOne, said:

"Our strong third quarter results and raised full-year guidance reflect continued rapid global growth and leadership in hematology, anchored by our foundational BTK inhibitor BRUKINSA, which drives powerful and sustained responses in patients, and now joined by our next-generation BCL2 inhibitor BEQALZI. We look forward to multiple catalysts in the coming months from one of the deepest pipelines in oncology, spanning hematology and solid tumors, accelerated by our differentiated capabilities in R&D, manufacturing, and commercialization."

(Amounts in thousands of U.S. dollars and unaudited)

Three Months Ended Nine Months Ended

September 30, September 30, 2026 2025 % Change 2026 2025 % Change Net product revenues $ 1,855,057 $ 1,395,013 33 % $ 5,022,180 $ 3,805,619 32 % Other revenue $ 34,758 $ 17,271 101 % $ 86,144 $ 39,244 120 % Total revenue $ 1,889,815 $ 1,412,284 34 % $ 5,108,324 $ 3,844,863 33 % GAAP income from operations $ 418,675 $ 163,114 157 % $ 993,624 $ 262,101 279 % Adjusted income from operations* $ 612,226 $ 341,184 79 % $ 1,529,649 $ 755,486 102 % GAAP net income $ 384,706 $ 124,841 208 % $ 849,070 $ 220,431 285 % Adjusted net income* $ 538,735 $ 303,663 77 % $ 1,358,274 $ 692,622 96 % GAAP basic EPS per ADS $ 3.38 $ 1.13 199 % $ 7.58 $ 2.03 273 % Adjusted basic EPS per ADS* $ 4.74 $ 2.76 72 % $ 12.12 $ 6.38 90 % GAAP diluted EPS per ADS $ 3.28 $ 1.09 201 % $ 7.30 $ 1.96 272 % Adjusted diluted EPS per ADS* $ 4.59 $ 2.65 73 % $ 11.68 $ 6.14 90 % Free Cash Flow* $ 473,532 $ 354,469 34 % $ 1,069,423 $ 561,916 90 %

* For an explanation of our use of non-GAAP financial measures, refer to the "Note Regarding Use of Non-GAAP Financial Measures" section later in this press release and for a reconciliation of each non-GAAP financial measure to the most comparable GAAP measures, see the table at the end of this press release.

Exhibit 99.1

Third Quarter 2026 Financial Results

Product Revenue totaled $1.9 billion for the third quarter of 2026, representing growth of 33% compared to the prior-year period.3

• BRUKINSA: Global sales totaled $1.4 billion for the third quarter of 2026, representing growth of 34% compared to the prior-year period; U.S. sales of BRUKINSA totaled $1.0 billion in the third quarter of 2026, representing growth of 36% compared to the prior-year period.3

• TEVIMBRA (tislelizumab): Global sales totaled $243 million in the third quarter of 2026, representing growth of 28% compared to the prior-year period.3

• Amgen in-licensed products: Global sales totaled $167 million in the third quarter of 2026, representing growth of 26% compared to the prior-year period.

Gross Margin as a percentage of global product sales for the third quarter of 2026 was 88%, compared to 86% in the prior-year period on a GAAP basis. The gross margin percentage increased due to a proportionally higher sales mix of global BRUKINSA compared to other products in the Company's portfolio. Gross margin also benefited from productivity improvements resulting in lower costs for both BRUKINSA and TEVIMBRA, which was offset by a non-cash intangible asset impairment charge of $22 million associated with our decision to discontinue promotion of POBEVCY. On an adjusted basis, which does not include depreciation and amortization, or the impairment charge, gross margin as a percentage of product sales increased to 90%, from 86% in the comparable period of the prior year.

Operating Expenses

The following table summarizes operating expenses for the third quarter of 2026:

GAAP Non-GAAP

(unaudited, in thousands, except percentages) Q3 2026 Q3 2025 % Change Q3 2026 Q3

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