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Bristol Myers Squibb10-Q: Goodwill impairment

Took a $410M impairment charge on In-Process R&D (IPRD) in Q1 2026

What happened

The company wrote down $410 million in acquired research and development assets, indicating a significant R&D project or acquisition has failed to meet expectations. This financial loss highlights potential gaps in their R&D pipeline evaluation and integration processes.

Source

SEC EDGARApr 30, 2026

Quarterly report (Form 10-Q)

Bristol Myers Squibb 10-Q

Filing excerpt

Research and development expense increased by $393 million in the first quarter of 2026, primarily due to IPRD impairment charges of $410 million, partially offset by cost savings from the Company's ongoing strategic productivity initiative.

sec.gov/Archives/edgar/data/14272/000001427226000010/bmy-20260331.htmRead the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Goodwill impairment

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
Apr 30, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$410M (IPRD impairment charges)

Details

CIK
14272
Accession number
0000014272-26-000010
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Strategic review underway
Signal category
Financial

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
goodwillImpairment

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/11b14a89-e8f9-416a-8330-af73930bc525 returns this record as JSON. POST /v1/companies/enrich returns every signal for bms.com.

{
  "signal_id": "11b14a89-e8f9-416a-8330-af73930bc525",
  "signal_type": "sec-10q",
  "signal_subtype": "goodwillImpairment",
  "detected_at": "2026-05-05T08:48:21.337+00:00",
  "company": {
    "name": "Bristol Myers Squibb",
    "domain": "bms.com"
  },
  "data": {
    "detail": "The company wrote down $410 million in acquired research and development assets, indicating a significant R&D project or acquisition has failed to meet expectations. This financial loss highlights potential gaps in their R&D pipeline evaluation and integration processes.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "IPRD impairment charges",
      "dollar_millions": 410
    },
    "summary": "Took a $410M impairment charge on In-Process R&D (IPRD) in Q1 2026",
    "excerpts": "Research and development expense increased by $393 million in the first quarter of 2026, primarily due to IPRD impairment charges of $410 million, partially offset by cost savings from the Company's ongoing strategic productivity initiative.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/14272/000001427226000010/bmy-20260331.htm",
    "filing_date": "2026-04-30",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Strategic review underway",
    "signal_category": "financial"
  }
}

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