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Side-by-side financial comparison of Organon & Co. (OGN) and VEON Ltd. (VEON). Click either name above to swap in a different company.

Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.3× VEON Ltd.). VEON Ltd. runs the higher net margin — 55.9% vs 10.0%, a 45.9% gap on every dollar of revenue. On growth, VEON Ltd. posted the faster year-over-year revenue change (5.8% vs -3.5%).

Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.

VEON Ltd., also known as VEON Group, is a multinational telecommunication and digital services company. Headquartered in Dubai, the company is publicly traded on the U.S.-based NASDAQ stock exchange. VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan. Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline...

OGN vs VEON — Head-to-Head

Bigger by revenue
OGN
OGN
1.3× larger
OGN
$1.5B
$1.1B
VEON
Growing faster (revenue YoY)
VEON
VEON
+9.3% gap
VEON
5.8%
-3.5%
OGN
Higher net margin
VEON
VEON
45.9% more per $
VEON
55.9%
10.0%
OGN

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
OGN
OGN
VEON
VEON
Revenue
$1.5B
$1.1B
Net Profit
$146.0M
$608.0M
Gross Margin
53.6%
Operating Margin
75.4%
Net Margin
10.0%
55.9%
Revenue YoY
-3.5%
5.8%
Net Profit YoY
67.8%
583.1%
EPS (diluted)
$0.55
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OGN
OGN
VEON
VEON
Q1 26
$1.5B
Q4 25
$1.5B
Q3 25
$1.6B
Q2 25
$1.6B
$1.1B
Q1 25
$1.5B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.6B
$1.0B
Net Profit
OGN
OGN
VEON
VEON
Q1 26
$146.0M
Q4 25
$-205.0M
Q3 25
$160.0M
Q2 25
$145.0M
$608.0M
Q1 25
$87.0M
Q4 24
$109.0M
Q3 24
$359.0M
Q2 24
$195.0M
$89.0M
Gross Margin
OGN
OGN
VEON
VEON
Q1 26
53.6%
Q4 25
49.2%
Q3 25
53.5%
Q2 25
54.8%
Q1 25
55.6%
Q4 24
56.3%
Q3 24
58.3%
Q2 24
58.4%
Operating Margin
OGN
OGN
VEON
VEON
Q1 26
Q4 25
-9.8%
Q3 25
15.2%
Q2 25
14.4%
75.4%
Q1 25
6.7%
Q4 24
8.1%
Q3 24
13.1%
Q2 24
14.6%
27.1%
Net Margin
OGN
OGN
VEON
VEON
Q1 26
10.0%
Q4 25
-13.6%
Q3 25
10.0%
Q2 25
9.1%
55.9%
Q1 25
5.8%
Q4 24
6.8%
Q3 24
22.7%
Q2 24
12.1%
8.7%
EPS (diluted)
OGN
OGN
VEON
VEON
Q1 26
$0.55
Q4 25
$-0.78
Q3 25
$0.61
Q2 25
$0.56
$0.34
Q1 25
$0.33
Q4 24
$0.42
Q3 24
$1.38
Q2 24
$0.75
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OGN
OGN
VEON
VEON
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
Total Assets
$8.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OGN
OGN
VEON
VEON
Q1 26
Q4 25
$574.0M
Q3 25
$672.0M
Q2 25
$599.0M
$1.3B
Q1 25
$547.0M
Q4 24
$675.0M
Q3 24
$763.0M
Q2 24
$704.0M
$862.0M
Total Debt
OGN
OGN
VEON
VEON
Q1 26
Q4 25
$8.6B
Q3 25
$8.8B
Q2 25
$8.9B
Q1 25
$9.0B
Q4 24
$8.9B
Q3 24
$8.7B
Q2 24
$8.7B
Stockholders' Equity
OGN
OGN
VEON
VEON
Q1 26
Q4 25
$752.0M
Q3 25
$906.0M
Q2 25
$733.0M
$1.5B
Q1 25
$542.0M
Q4 24
$472.0M
Q3 24
$493.0M
Q2 24
$144.0M
$1.1B
Total Assets
OGN
OGN
VEON
VEON
Q1 26
Q4 25
$12.9B
Q3 25
$13.6B
Q2 25
$13.5B
$8.5B
Q1 25
$13.2B
Q4 24
$13.1B
Q3 24
$12.8B
Q2 24
$12.2B
$7.3B
Debt / Equity
OGN
OGN
VEON
VEON
Q1 26
Q4 25
11.49×
Q3 25
9.74×
Q2 25
12.14×
Q1 25
16.52×
Q4 24
18.81×
Q3 24
17.75×
Q2 24
60.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OGN
OGN

Established Brands$880.0M60%
Women’s Health$389.0M27%
Biosimilars$173.0M12%

VEON
VEON

Segment breakdown not available.

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