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AstraZeneca up 6% in Q2 as oncology drives growth
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European Medical Journal
AstraZeneca maintained revenue growth in the second quarter of 2026 as demand for its oncology medicines continued to offset pressure across other parts of the business.
Revenue rose 6% year-on-year to $15.4bn in the second quarter, bringing first-half revenue to $30.7bn, up 9% on the same period last year.
Supported by its first-half performance, AstraZeneca reaffirmed its guidance for mid-to-high single-digit revenue growth and low double-digit growth in core earnings per share for 2026.
Oncology fuels uptickThe strongest contribution came from the company’s oncology business, where revenue increased 16% in the second quarter, supported by continued growth from durvalumab, trastuzumab deruxtecan and acalabrutinib.
Even so, continued uptake of AstraZeneca’s newer medicines helped sustain overall revenue growth.