What was Bayer AG's revenue in 2023?

Bayer AG reported $51.9B in revenue for fiscal year 2023. This represents a +2.4% change compared to 2022. Sales rose about 2.4% to $51.9 billion in 2023, the peak of Bayer's recent revenue range before growth flattened across its three divisions.

How did Bayer AG's revenue change from 2022 to 2023?

Bayer AG revenue grew from $50.7B in 2022 to $51.9B in 2023, a change of 2.4%.

Was 2023 Bayer AG's best revenue year?

Yes — 2023 was Bayer AG's highest recorded revenue year at $51.9B, the peak across all 4 years of available data.

What was Bayer AG's highest ever annual revenue?

Bayer AG's highest ever annual revenue was $51.9B recorded in fiscal year 2023.

Bayer AG

Pharmaceuticals / Life Sciences / AgricultureFounded 1863

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Explore Bayer AG

Core profile pages, annual revenue records, and related research hubs for this company.

Bayer AG

Pharmaceuticals / Life Sciences / AgricultureFounded 1863

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Annual Revenue

Bayer AG Revenue in 2023

FY2023 Revenue

$51.9B

▲ 2.4% vs FY2022 ($50.7B)

Source: Annual report / company filing

Bayer AG reported $51.9B in revenue for fiscal year 2023. This represents a growth of 2.4% compared to the 2022 figure of $50.7B. In 2024, revenue declined to $50.8B.

Sales rose about 2.4% to $51.9 billion in 2023, the peak of Bayer's recent revenue range before growth flattened across its three divisions.

Revenue by Year

FY2025 FY2024 FY2023 FY2022

Bayer AG Annual Revenue History

Year	Revenue	YoY Change
FY2025	$49.5B	-2.6%
FY2024	$50.8B	-2.1%
FY2023	$51.9B	+2.4%
FY2022	$50.7B	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

← Previous year

FY2022: $50.7B

Next year →

FY2024: $50.8B

Explore Bayer AG

Core profile pages, annual revenue records, and related research hubs for this company.