Organon (OGN) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
30 Apr, 2026Executive summary
Reported first quarter 2026 revenue of $1.460 billion, a 4% decrease as-reported and 9% decrease excluding foreign currency impact compared to Q1 2025.
Net income for Q1 2026 was $146 million, with diluted EPS of $0.55 and non-GAAP adjusted diluted EPS of $0.71.
Adjusted EBITDA was $415 million, representing a margin of 28.4%, down from 32.0% in Q1 2025.
Announced pending all-cash merger with Sun Pharmaceutical Industries Limited, expected to close in early 2027, subject to regulatory and shareholder approval.
No financial guidance or quarterly earnings calls will be provided during the merger process.
Voting matters and shareholder proposals
Shareholder approval is required for the proposed merger with Sun Pharmaceutical Industries Limited.
Proxy materials, including the Merger Proxy Statement, will be filed and mailed to stockholders for voting.
Board of directors and corporate governance
Directors, executive officers, and management may be deemed participants in the proxy solicitation for the merger.
Information about directors and executive officers is available in the 2026 Annual Meeting Proxy Statement.
Latest events from Organon
- Revenue and net income fell as biosimilar growth offset declines in core brands; Sun Pharma deal advances.OGN
Q2 202631 Jul 2026 - Merger with Sun Pharma USA and related executive compensation were approved by shareholders.OGN
EGM 202623 Jul 2026 - Stockholders to vote on Sun Pharma merger amid litigation and new proxy disclosures.OGN
Proxy filing17 Jul 2026 - All management proposals passed, with strong financial growth and a focus on women's health and deleveraging.OGN
AGM 20259 Jul 2026 - Shareholders to vote on $14.00 per share all-cash merger with Sun Pharma USA, board recommends approval.OGN
Proxy filing17 Jun 2026 - Shareholders will soon vote on the Sun Pharma acquisition amid strong performance and cultural focus.OGN
Proxy filing11 Jun 2026 - All proposals passed, with director elections and executive compensation approved by shareholders.OGN
AGM 20269 Jun 2026 - Shareholders to vote on $14.00 per share all-cash merger with Sun Pharma USA, closing expected in 2027.OGN
Proxy filing1 Jun 2026 - Net income rose 68% to $146 million on $1.46 billion revenue, with a pending merger and remediation.OGN
Q1 20264 May 2026 - Organon and Sun Pharma announce a merger with strong employee protections and a pending shareholder vote.OGN
Proxy filing30 Apr 2026