Viatris Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Viatris Inc (VTRS). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Developed Markets | $8.51B 72.0% | $10.43B 58.5% · +22.5% | $9.77B 60.2% · -6.3% | $9.25B 60.1% · -5.3% | $8.93B 60.8% · -3.5% | $8.51B 59.7% · -4.7% |
| Greater China | $259.9M 2.2% | $2.21B 12.4% · +751.4% | $2.20B 13.6% · -0.5% | $2.16B 14.0% · -1.9% | $2.17B 14.7% · +0.3% | $2.33B 16.4% · +7.7% |
| Emerging Markets | $1.85B 15.7% | $3.14B 17.7% · +69.6% | $2.62B 16.1% · -16.8% | $2.55B 16.6% · -2.4% | $2.25B 15.3% · -11.8% | $2.21B 15.5% · -1.8% |
| JANZ | $1.20B 10.1% | $2.03B 11.4% · +69.6% | $1.63B 10.1% · -19.5% | $1.42B 9.3% · -12.7% | $1.35B 9.2% · -5.5% | $1.19B 8.4% · -11.3% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Developed Markets | $4.24B 49.9% | $5.14B 49.3% | – | – | – | – |
| Greater China | $52.7M 20.3% | $1.40B 63.1% | – | – | – | – |
| Emerging Markets | $610.4M 32.9% | $1.40B 44.6% | – | – | – | – |
| JANZ | $364.6M 30.5% | $762.4M 37.6% | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 10, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.