OGN on NYSE

Organon & Co.

Logo: https://www.organon.com/, Public domain, via Wikimedia Commons5

American pharmaceutical company

Organon & Co. is an American pharmaceutical company originally founded in Oss, The Netherlands and now 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.3 It is part of Merck & Co.1 Its shares trade on NYSE under the symbol OGN.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1923Founded1

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  • TickerOGN on NYSE1
  • Industrypharmaceutical industry1
  • HeadquartersOss1
  • Websitewww.organon.com
  • Legal formDelaware corporation1
  • Business address30 Hudson Street, Fl 33, Jersey City, Nj 073026
  • Filer categoryLarge accelerated filer6
  • LEI549300AMCKY57OK2CO564
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 78342294

Organon & Co. is an American pharmaceutical company originally founded in Oss, The Netherlands and now 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.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

53.3%Gross margin9
3.0%Net margin9
-2.9%Revenue growth, 20259
24.9%Return on equity9
11.47×Debt to equity9
$538.0MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Nexplanon/Implanon NXT brought in 23% of the revenue Organon & Co. broke down this way in fiscal 2025.

  1. Nexplanon/Implanon NXT$921.0M923%down 4% from 2024
  2. Zetia$342.0M99%up 8% from 2024
  3. Other Sundry Established Brands$338.0M99%up 3% from 2024
  4. Atozet$324.0M98%down 32% from 2024
  5. Other Non-Opiod Pain, Bone and Dermatology$301.0M98%up 2% from 2024
  6. Arcoxia$265.0M97%down 2% from 2024
  7. Follistim AQ$264.0M97%up 11% from 2024
  8. Nasonex$262.0M97%down 5% from 2024
  9. Singulair$252.0M96%down 30% from 2024
  10. Renflexis$251.0M96%down 8% from 2024
  11. Hadlima$228.0M96%up 61% from 2024
  12. Cozaar/Hyzaar$219.0M96%down 10% from 2024
Products and services by year
Products and services2022202320242025
Nexplanon/Implanon NXT$834.0M$830.0M$963.0M$921.0M
Zetia$370.0M$322.0M$317.0M$342.0M
Other Sundry Established Brands$326.0M$319.0M$328.0M$338.0M
Atozet$457.0M$519.0M$473.0M$324.0M
Other Non-Opiod Pain, Bone and Dermatology$275.0M$295.0M$301.0M
Arcoxia$241.0M$257.0M$270.0M$265.0M
Follistim AQ$229.0M$262.0M$237.0M$264.0M
Nasonex$260.0M$266.0M$276.0M$262.0M
Singulair$411.0M$404.0M$359.0M$252.0M
Renflexis$226.0M$278.0M$274.0M$251.0M
Hadlima$19.0M$44.0M$142.0M$228.0M
Cozaar/Hyzaar$323.0M$281.0M$243.0M$219.0M

Regions

Europe And Canada brought in 26% of the revenue Organon & Co. broke down this way in fiscal 2025.

  1. Europe And Canada$1.6B926%down 8% from 2024
  2. United States$1.6B926%up 2% from 2024
  3. Latin America, Middle East, Russia And Africa$1.1B917%up 4% from 2024
  4. Asia Pacific And Japan$1.0B916%down 5% from 2024
  5. China$829.0M913%down 2% from 2024
  6. Other Countries$93.0M91%down 32% from 2024
Regions by year
Regions2022202320242025
Europe And Canada$1.6B$1.7B$1.8B$1.6B
United States$1.4B$1.5B$1.6B$1.6B
Latin America, Middle East, Russia And Africa$895.0M$965.0M$1.0B$1.1B
Asia Pacific And Japan$1.1B$1.1B$1.1B$1.0B
China$917.0M$864.0M$847.0M$829.0M
Other Countries$151.0M$154.0M$137.0M$93.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue47¢$2.9B
  • Selling, general and admin28¢$1.7B
  • Other costs11¢$663.0M
  • Interest8¢$504.0M
  • Income tax4¢$238.0M
  • Profit3¢$187.0M

Out of $6.2B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Capital spending23¢$162.0M
  • Dividends paid13¢$88.0M
  • Kept or used elsewhere64¢$450.0M

Out of $700.0M of cash from operations.9

Financial statements

Revenue101112139$6.2B in 2025−20% since 2019
0$2.0B$4.0B$6.0B$8.0B2019: $7.8B$7.8B20192020: $6.5B$6.5B2020−16%2021: $6.3B$6.3B2021−3%2022: $6.2B$6.2B2022−2%2023: $6.3B$6.3B2023+1%2024: $6.4B$6.4B2024+2%2025: $6.2B$6.2B2025−3%
Gross profit139$3.3B in 2025−15% since 2022
0$1.0B$2.0B$3.0B$4.0B2022: $3.9B$3.9B20222023: $3.7B$3.7B2023−3%2024: $3.7B$3.7B2024−1%2025: $3.3B$3.3B2025−11%
Net income101112139$187.0M in 2025−94% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $3.2B$3.2B20192020: $2.2B$2.2B2020−33%2021: $1.4B$1.4B2021−37%2022: $917.0M$917.0M2022−32%2023: $1.0B$1.0B2023+12%2024: $864.0M$864.0M2024−16%2025: $187.0M$187.0M2025−78%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Revenues$6.2B$6.4B$6.3B
Cost of sales$2.9B$2.7B$2.5B
Gross profit$3.3B$3.7B$3.7B
Selling, general and administrative$1.7B$1.8B$1.9B
Research and development$366.0M$469.0M$528.0M
Acquired in-process research and development and milestones$6.0M$81.0M$8.0M
Goodwill impairment$301.0M$0$0
Restructuring costs$95.0M$31.0M$62.0M
Interest expense$504.0M$520.0M$527.0M
Exchange losses$14.0M$26.0M$42.0M
Other (income) expense, net-$119.0M$21.0M$15.0M
Income before income taxes$425.0M$807.0M$673.0M
Income tax expense (benefit)$238.0M-$57.0M-$350.0M
Net income$187.0M$864.0M$1.0B
Basic (in dollars per share)$0.72$3.36$4.01
Diluted (in dollars per share)$0.72$3.33$3.99
Basic (in shares)259.5M shares257.0M shares255.2M shares
Diluted (in shares)260.8M shares259.2M shares256.3M shares

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Corporate structure

Organon & Co. sits at the top of its group. 104 entities, 62 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Organon & Co.

  • Organon & Co. Jersey City, Delaware, United States
    • Alydia Health, Inc. Subsidiary · Delaware, United States
    • DASHTAG Subsidiary · Cramlington, United Kingdom
    • Dermavant Holdings Limited Subsidiary · United Kingdom
    • Dermavant Sciences GmbH Subsidiary · Switzerland
    • Dermavant Sciences IRL Limited Subsidiary · Ireland
    • FULFORD (INDIA) PRIVATE LIMITED Subsidiary · Mumbai, India
    • GTS FI B.V. Subsidiary · Oss, Netherlands
    • N.V. Organon Subsidiary · Netherlands
    • OBS Human Health Holding B.V. Subsidiary · Netherlands
    • OBS International 9 B.V. Subsidiary · Netherlands
    • Organon (I.A.) B.V. Subsidiary · Netherlands
    • Organon (I.A.) B.V. - Bulgaria Branch Subsidiary · Bulgaria
    • Organon (I.A.) B.V. - Taiwan Branch Subsidiary · Taiwan
    • ORGANON (INDIA) PRIVATE LIMITED Subsidiary · Mumbai, India
    • Organon (Ireland) Ltd Subsidiary · Ireland
    • Organon (Philippines) Incorporated Subsidiary · Philippines
    • Organon (Thailand) Ltd. Subsidiary · Thailand
    • Organon 2 LLC Subsidiary · Delaware, United States
    • Organon Algeria SARL Subsidiary · Algeria
    • Organon Argentina S.R.L. Subsidiary · Argentina
    • Organon Asia Holdings B.V. Subsidiary · Netherlands
    • Organon Asia Pacific Services Pte. Ltd. Subsidiary · Singapore
    • Organon Austria GmbH Subsidiary · Austria
    • Organon Belgium BV Subsidiary · Belgium
    • Organon Belgium BV - Luxembourg Branch Subsidiary · Luxembourg
    • and 78 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Organon & Co. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$1.2B9 Dec 31, 2025$1.1B9 Dec 31, 2024+16.9%
Property and equipment, net$1.3B9 Dec 31, 2025$1.2B9 Dec 31, 2024+11.6%
Operating-lease assets (leased space)$155.0M9 Dec 31, 2025$157.0M9 Dec 31, 2024−1.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$574.0M9 Dec 31, 2025$675.0M9 Dec 31, 2024−15.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$4.2B9 Dec 31, 2025$4.7B9 Dec 31, 2024−11.3%
Intangible assets, net (excluding goodwill)$1.1B9 Dec 31, 2025$1.4B9 Dec 31, 2024−20.1%
Finite-lived intangibles, gross$25.5B13 Dec 31, 2024$24.5B13 Dec 31, 2023+4.2%
Accumulated amortization$24.2B9 Dec 31, 2025$24.1B9 Dec 31, 2024+0.5%
Finite-lived intangibles, net$1.1B9 Dec 31, 2025$1.4B9 Dec 31, 2024−20.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.4B9 Dec 31, 2025$1.3B9 Dec 31, 2024+6.4%
Raw materials$14.0M9 Dec 31, 2025$25.0M9 Dec 31, 2024−44.0%
Work in process$791.0M9 Dec 31, 2025$675.0M9 Dec 31, 2024+17.2%
Finished goods$751.0M9 Dec 31, 2025$764.0M9 Dec 31, 2024−1.7%
Supplies$81.0M9 Dec 31, 2025$79.0M9 Dec 31, 2024+2.5%

Properties, in its own words

Our corporate headquarters is located in Jersey City, New Jersey. We also maintain operational headquarters in Pennsylvania. We own and operate six manufacturing facilities in Campinas, Brazil, Cramlington, UK, Heist, Belgium, Oss, Netherlands, Pandaan, Indonesia and Xochimilco, Mexico. We believe that our facilities are suitable and adequate for our operations and we anticipate that additional suitable space will be available when needed.

Item 2 of the 10-K filed Feb 24, 2026.16

The story

Organon was founded in 1923 as a partnership between Professor Ernst Laqueur, a physiologist/endocrinologist of the University of Amsterdam, and Saal van Zwanenberg who owned a slaughterhouse, Zwanenbergs Slachterije en Fabrieken, in Oss in Northern Brabant. The company's first product was insulin in 1923. In the 1930s it manufactured estrogens, in particular estrone under the trade name Menformon.

In 1948, Organon acquired the Newhouse research site in Scotland, United Kingdom. The production of cortisone was initiated in 1953.

In 1962, the company bought the stock of the Nederlandsche Cocaïnefabriek, and the company name was changed to Koninklijke Zwanenberg-Organon (KZO). It merged with the fibre producer AKU in 1969 to become AKZO, later Akzo Nobel. Organon was the human health care business unit of Akzo Nobel. In 2004, Organon acquired active-pharmaceutical-ingredient producer Diosynth.

Organon was initially located in West Orange, New Jersey. In November 2007, Schering-Plough acquired Organon BioSciences and the veterinary pharmaceutical company Intervet from Akzo Nobel. Schering-Plough transferred Organon to its headquarters in Jersey City, New Jersey. Two years later, Schering-Plough merged with Merck & Co., known as Merck Sharp & Dohme or MSD outside the United States and Canada.

In May 2020, Merck & Co. announced that Organon & Co. would be the name of "the pending spin-off of its women’s health, legacy products, and biosimilars businesses, which the company says is on track to be completed by the end of the first half in 2021." Merck completed the spinoff and Organon & Co. became a publicly traded company on June 3, 2021. A copy of the Information Statement sent to Merck shareholders was filed with the U.S. SEC on April 20, 2021, in a Form 10-12B/A, Exhibit 99.1

In November 2021, the business announced it would acquire Forendo Pharma and its lead compound, a potentially first-in-class oral 17β-hydroxysteroid dehydrogenase type 1 inhibitor.

In April 2026, India based Sun Pharma acquired Organon & Co. at $11.75 billion.

From Wikipedia’s article on Organon & Co., shared under CC BY-SA 4.0.7

Leadership

Who has led Organon & Co., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (32)

Products and brands

Products

Organon's products are divided into three main categories: women's health (27% of revenue), biosimilars (8% of revenue), and established brands (64% of revenue). Women's health products are mainly contraceptives such as Nexplanon, a five-year reversible contraceptive implant, and fertility drugs such as Puregon, a follicle-stimulating hormone drug.

Biosimilars provide treatment for oncology and immunology at potentially lower cost than other FDA approved treatments. Organon makes the biosimilar Hadlima which it compares to Humira. Their established brands are heavily reliant on sales outside the United States of drugs with generic competition. The cardiovascular products such as Vytorin make a combined 24% of the company revenue.(Revenue figures are from 2022.)

Research compounds

During its period of independent operation, Organon developed a large number of compounds which were never adopted for medical use, but continue to be used for a variety of scientific research. Notable compounds include:

Org 12962

Read the full text

Org 20599

Org 21465

Org 25435

Org 25935

Org 26576

Org 27569

Org 28312

Org 28611

Org 37684

From Wikipedia’s article on Organon & Co., shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Former owners and parents

Subsidiaries (Exhibit 21)

  • Alydia Health, Inc. Delaware, USA8
  • Dashtag United Kingdom8
  • Dermavant Holdings Limited United Kingdom8
  • Dermavant Sciences GmbH Switzerland8
  • Dermavant Sciences IRL Limited Ireland8
  • Dermavant Sciences Ltd. Bermuda8
  • Dermavant Sciences, Inc. Delaware, USA8
  • Fulford (India) Private Limited India8
  • GTS FI B.V. Netherlands8
  • N.V. Organon Netherlands8
  • OBS Human Health Holding B.V. Netherlands8
  • OBS International 9 B.V. Netherlands8
  • Organon (I.A.) B.V. Netherlands8
  • Organon (I.A.) B.V. - Bulgaria Branch Bulgaria8
  • Organon (I.A.) B.V. - Taiwan Branch Taiwan, Province of China8
  • Organon (India) Private Limited India8
  • Organon (Ireland) Ltd Ireland8
  • Organon (Philippines) Incorporated Philippines8
  • Organon (Thailand) Ltd. Thailand8
  • Organon 2 LLC Delaware, USA8
  • Organon Algeria SARL Algeria8
  • Organon Argentina S.R.L. Argentina8
  • Organon Asia Holdings B.V. Netherlands8
  • Organon Asia Pacific Services Pte. Ltd. Singapore8
All 109 listed subsidiaries
  • Organon Austria GmbH Austria8
  • Organon Belgium BV Belgium8
  • Organon Belgium BV - Luxembourg Branch Luxembourg8
  • Organon BioSciences Peru S.R.L. Peru8
  • Organon BioSciences S.R.L. Romania8
  • Organon Canada Holdings LLC Delaware, USA8
  • Organon Canada Inc. Canada8
  • Organon Central East GmbH Switzerland8
  • Organon Central East GmbH - Jordan Representative Office Jordan8
  • Organon Central East GmbH - Lebanon Representative Office Lebanon8
  • Organon Central East GmbH - North Macedonia Representative Office North Macedonia8
  • Organon Central East GmbH Scientific Office Egypt8
  • Organon Chile SpA Chile8
  • Organon Colombia S.A.S. Colombia8
  • Organon Comercializadora, S. de R.L. de C.V. Mexico8
  • Organon Czech Republic s.r.o. Czech Republic8
  • Organon Denmark ApS Denmark8
  • Organon Farmacêutica Ltda. Brazil8
  • Organon Finance LLC Delaware, USA8
  • Organon Finland Oy Finland8
  • Organon Foreign Debt Co-Issuer B.V. Netherlands8
  • Organon France SAS France8
  • Organon Global Inc. Delaware, USA8
  • Organon Global Shared Services Center (GSS), Unipessoal Lda. Portugal8
  • Organon GmbH Switzerland8
  • Organon Healthcare GmbH Germany8
  • Organon Heist BV Belgium8
  • Organon Holdings 9 B.V. Netherlands8
  • Organon Hungary Korlatolt Felelossegu Tarsasag Hungary8
  • Organon International GmbH Switzerland8
  • Organon International Holdings 9 B.V. Netherlands8
  • Organon International LLC Delaware, USA8
  • Organon International Services GmbH Switzerland8
  • Organon Italia S.r.l. Italy8
  • Organon K.K. Japan8
  • Organon KSA GmbH Switzerland8
  • Organon KSA GmbH - Saudi Scientific Office Saudi Arabia8
  • Organon Korea Co., Ltd. Republic of Korea8
  • Organon LLC Delaware, USA8
  • Organon Limited Liability Company Russian Federation8
  • Organon Malaysia Sdn. Bhd. Malaysia8
  • Organon Maroc S.A.R.L. Morocco8
  • Organon Mexico Holdings B.V. Netherlands8
  • Organon New Zealand Limited New Zealand8
  • Organon Norway A/S Norway8
  • Organon Participations B.V. Netherlands8
  • Organon Pharma (Ireland) Limited Ireland8
  • Organon Pharma (UK) Limited United Kingdom8
  • Organon Pharma B.V. Netherlands8
  • Organon Pharma B.V. - Estonia Representative Office Estonia8
  • Organon Pharma B.V. - Latvia Representative Office Latvia8
  • Organon Pharma B.V. - Lithuania Representative Office Lithuania8
  • Organon Pharma B.V., Oss - Ljubljana Branch Slovenia8
  • Organon Pharma Costa Rica S de R.L. Costa Rica8
  • Organon Pharma FZ-LLC United Arab Emirates8
  • Organon Pharma Holdings II LLC Delaware, USA8
  • Organon Pharma Holdings LLC Delaware, USA8
  • Organon Pharma Israel Ltd. Israel8
  • Organon Pharma Mexico, S.A. de C.V. Mexico8
  • Organon Pharma Pty Ltd Australia8
  • Organon Pharma S. de R.L. Panama8
  • Organon Pharma d.o.o. Croatia8
  • Organon Pharmaceutical Egypt LLC Egypt8
  • Organon Polska Sp. z.o.o. Poland8
  • Organon Portugal, Sociedade Unipessoal Lda. Portugal8
  • Organon Puerto Rico LLC Puerto Rico8
  • Organon R&D Finland Oy Finland8
  • Organon Salud, S.L. Spain8
  • Organon Singapore Pte. Ltd. Singapore8
  • Organon Slovakia s.r.o. Slovakia8
  • Organon South Africa Pty Ltd. South Africa8
  • Organon Sweden AB Sweden8
  • Organon Trade LLC Delaware, USA8
  • Organon Turkey Ilaclari Limited Sirketi Turkey8
  • Organon USA LLC New Jersey, USA8
  • Organon Ukraine Limited Liability Company Ukraine8
  • Organon d.o.o. Beograd Serbia8
  • Organon-Ecuador S.A. Ecuador8
  • PT Organon Pharma Indonesia Tbk Indonesia8
  • Productos Farmaceuticos Organon Mexicana S. de R.L. de C.V. Mexico8
  • Servicios Organon S. de R.L. de C.V. Mexico8
  • The Representative Office of Organon Central East GmbH in Hanoi Vietnam8
  • The Representative Office of Organon Central East GmbH in Ho Chi Minh City Vietnam8
  • The Representative Office of Organon Hong Kong Limited in Hanoi Vietnam8
  • Undra, S.A. de C.V. Mexico8

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Jul 31, 20268-K Regulation FD disclosure52
  2. Jul 23, 20268-K Shareholder vote53
  3. Jul 17, 20268-K Other events54
  4. Jun 11, 20268-K Executive or director change; Shareholder vote55
  5. Apr 30, 20268-K Results of operations56
  6. Apr 27, 20268-K Entered a material agreement; Executive or director change; Regulation FD disclosure57
  7. Feb 20, 20268-K Other events58
  8. Feb 12, 20268-K Results of operations; Regulation FD disclosure59
  9. Nov 17, 2025New chief executive Joseph T. Morrissey Jr. becomes CEO17
  10. Nov 10, 20258-K Results of operations; Regulation FD disclosure60
  11. Nov 7, 20258-K Executive or director change61
  12. Oct 30, 20258-K Executive or director change62
  13. Oct 27, 20258-K Executive or director change; Other events63
  14. May 7, 2021New chief executive Kevin Ali becomes CEO18
  15. Nov 2009Acquired Acquired by Merck & Co.1
  16. Nov 2007Acquired Acquired by Schering-Plough1
  17. 1923Founded Founded1

Calendar

Coming up

  1. Nov 9, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.93 a share, on Nov 10, 2025.64

When it reported results

  1. Apr 30, 2026Reported quarterly or annual results56
  2. Feb 12, 2026Reported quarterly or annual results59
  3. Nov 10, 2025Reported quarterly or annual results60
  4. Aug 5, 2025Reported quarterly or annual results65
  5. May 1, 2025Reported quarterly or annual results66
  6. Feb 13, 2025Reported quarterly or annual results67
  7. Oct 31, 2024Reported quarterly or annual results68
  8. Aug 6, 2024Reported quarterly or annual results69

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

372 filings to the SEC since October 2021: 6 annual reports, 17 quarterly reports, 45 major events, 251 insider forms, 18 large holders, 35 other. The latest 20:

  1. Aug 14, 2026SCHEDULE 13G EDGAR
  2. Aug 12, 20264 EDGAR
  3. Aug 5, 2026144 EDGAR
  4. Aug 5, 20264 EDGAR
  5. Jul 31, 2026SCHEDULE 13G/A EDGAR
  6. Jul 31, 202610-Q EDGAR
  7. Jul 31, 20268-K EDGAR
  8. Jul 23, 20268-K EDGAR
  9. Jul 17, 2026DEFA14A EDGAR
  10. Jul 17, 20268-K EDGAR
  11. Jun 17, 2026DEFM14A EDGAR
  12. Jun 15, 20264 EDGAR
  13. Jun 15, 20264 EDGAR
  14. Jun 15, 20264 EDGAR
  15. Jun 15, 20264 EDGAR
  16. Jun 15, 20264 EDGAR
  17. Jun 15, 20264 EDGAR
  18. Jun 15, 20264 EDGAR
  19. Jun 15, 20264 EDGAR
  20. Jun 15, 20264 EDGAR

The 372 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

11 open-market trades by officers, directors and large owners since October 2021: 9 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 5, 2026Drinane Juliana PapaHead of Mfg & SupplySale14,761$13.57$200.3KForm 4
May 6, 2026Holzbaur LynetteSVP and Corporate ControllerSale26,448$13.35$353.1KForm 4
May 6, 2026Holzbaur LynetteSVP and Corporate ControllerBuy26,448$13.35$353.1KForm 4
Nov 12, 2025COX CARRIE SMITHExecutive ChairBuy65,400$7.67$501.6KForm 4
May 14, 2025COX CARRIE SMITHExecutive ChairBuy12,469$8.07$100.6KForm 4
May 7, 2025Falcione AaronChief Human Resources OfficerBuy5,500$8.77$48.2KForm 4
May 6, 2025Weaver KirkeGen. Counsel & Corp. Secy.Buy8,045$9.21$74.1KForm 4
May 6, 2025Karp DanielExecutive VP, Corp. Dev.Buy3,500$8.24$28.8KForm 4
May 5, 2025WALSH MATTHEW MChief Financial OfficerBuy11,400$8.82$100.5KForm 4
May 5, 2025Ali KevinChief Executive OfficerBuy34,000$8.81$299.5KForm 4
Feb 22, 2024Weaver KirkeGen. Counsel & Corp. Secy.Buy2,720$18.36$49.9KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Kevin Ali$1.1M$15.8M77
2025Joseph Morrissey$819.2K$5.8M77
2025Matthew Walsh$919.2K$5.7M77
2025Juan Camilo Arjona FerreiraM.D.$734.6K$3.8M77
2025Rachel Stahler$706.9K$3.6M77
2025Kirke Weaver$676.9K$3.5M77
2024Former Chief$1.2M$17.1M77
2024EVP and Chief$900.0K$5.7M77
2024Interim Chief$750.0K$4.1M77
2024EVP and Head of R&D$650.0K$3.6M77
2024EVPGeneral Counsel$650.0K$3.5M77
2023Financial Officer$890.1K$5.2M77
2023Executive Officer$740.8K$3.7M77
2023and Corporate Secretary$650.0K$3.2M77

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.32,056,866$434.0M0.0%+339,838
Pentwater Capital Management LP18,100,000$245.1M2.0%New
Vanguard Portfolio Management LLC15,132,118$204.9M0.0%−6,713,918
Vanguard Capital Management LLC11,909,865$161.3M0.0%+172,847
State Street Corp9,659,371$130.8M0.0%−297,403
Goldman Sachs Group Inc5,199,002$70.4M0.0%+3,593,677
UBS Group AG4,856,529$65.8M0.0%+1,384,950
Geode Capital Management, LLC4,815,610$65.2M0.0%+56,273
Man Group plc4,180,500$56.6M0.1%New
AQR Arbitrage LLC3,880,354$52.4M0.9%New
Private Management Group Inc3,742,161$50.7M1.3%−631,947
Charles Schwab Investment Management Inc3,457,262$46.8M0.0%+94,913
Millennium Management LLC3,442,430$46.6M0.0%−3,339,105
Dimensional Fund Advisors LP3,266,826$44.2M0.0%+1,546
First Trust Advisors LP3,099,481$42.0M0.0%−127,839
Capula Management Ltd3,049,207$41.3M0.2%New
Nexpoint Asset Management, L.P.3,009,630$40.8M2.7%New
Magnetar Financial LLC2,810,019$38.0M0.4%New
Kahn Brothers Group Inc2,670,523$36.2M5.7%−2,866,470
Bank of New York Mellon Corp2,282,161$30.9M0.0%+50,400
Morgan Stanley2,202,199$29.8M0.0%−1,090,485
Balyasny Asset Management L.P.2,196,642$29.7M0.1%+1,978,742
Kryger Capital LLC2,152,693$29.1M1.7%New
Alliancebernstein L.P.4,754,671$28.5M0.0%+4,034,159
Allianz Asset Management GmbH2,093,459$28.3M0.0%+1,010,711

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 5, 2026Kevin HernRepublican, HouseSale$1,001 - $15,000−1.1%Report
Jul 10, 2025Gary C. PetersDemocratic, SenateSale$1,001 - $15,000−14.0%Report
Jun 28, 2021John W. HickenlooperDemocratic, SenateSale$1,001 - $15,000+136.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Organon & Co. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAROrganon & Co.2
  • CIK0001821825
  • Employer ID (EIN)46-483803516
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company16
  • Incorporated inDelaware16
  • Fiscal year endsDecember 312
  • Industry code (SIC)2834 Pharmaceutical Preparations2
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance2
  • Business address30 Hudson Street, Fl 33, Jersey City, NJ 073022
  • Phone551-430-60002
  • Shares outstanding262,609,433 as of Jul 24, 202615
  • Public float$2.5B as of Jun 30, 202516
  • AuditorPricewaterhouseCoopers LLP, Florham Park, New Jersey PCAOB ID 238; it also attests to the company’s internal control over financial reporting16
  • On EDGAR sinceNov 2, 20202
  • Filings459 in all: 4 (282), 8-K (47), 3 (33), 10-Q (17), DEFA14A (13), SC 13G/A (8), UPLOAD (6), 10-K (5)2
    All 31 form types

    DEF 14A (5), ARS (4), SC 13G (4), SCHEDULE 13G/A (4), CORRESP (3), SCHEDULE 13G (3), SD (3), 10-12B/A (2), 10-Q/A (2), 144 (2), 4/A (2), S-8 (2), SEC STAFF LETTER (2), 10-12B (1), 10-K/A (1), 8-K/A (1), CERT (1), DEFM14A (1), DRS (1), DRS/A (1), DRSLTR (1), PREM14A (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Feb 24, 2026
    Quarterly report (10-Q) Jul 31, 2026
    Proxy statement (DEF 14A) Apr 24, 2026
    Latest 8-K (8-K) Jul 31, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock ($0.01 par value)OGNNew York Stock Exchange

From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).16

Risk factors and legal proceedings

The risks Organon & Co. names in Item 1A of its 10-K filed Feb 24, 2026: 45 risks under these headings, as written.16

  • Risks Related to Our Business
  • We have significant global operations, which expose us to additional risks, and any adverse event could adversely affect our results of operations and financial condition.
  • The imposition of tariffs on, or other trade restrictions or domestic sourcing requirements in, the territories and countries where we, our partners, suppliers, or customers do business, as well as any retaliatory actions with respect to such actions, could have a material adverse effect on our business, financial condition, results of operations, cash flows, ability to pay dividends or repurchase shares, or stock price.
  • Adverse developments in the global economy or in one or more of our local markets could impact our ability to grow our business.
  • Changes in tax laws or other tax guidance could adversely affect our effective tax rates, financial condition or results of operations.
  • We are exposed to market risk from fluctuations in currency exchange rates and interest rates.
  • The completion of the self-initiated Audit Committee internal investigation and the subsequent implementation of our remediation plan has been time-consuming and expensive and may result in significant additional expense and/or litigation.
  • We identified material weaknesses in our internal control over financial reporting, which could impact our ability to report our results of operations and financial condition accurately and in a timely manner.
  • The use of AI and its legislative and regulatory landscape continues to evolve and makes it difficult to fully understand and assess related risks.
  • We depend on sophisticated software applications and computing infrastructure. Cyberattacks affecting our IT systems could result in exposure of confidential information, the modification of critical data or the disruption of our worldwide operations, including manufacturing and sales operations.
  • We may not be able to successfully execute our plan to deleverage our business or otherwise reduce our debt level, which could adversely affect our operating flexibility, business, financial condition, results of operations, or cash flows.
  • Our substantial indebtedness could adversely affect our financial condition and results of operations.
The other 34 risks
  • We are subject to a number of restrictive covenants under our indebtedness, including customary operating restrictions and financial covenants, which could restrict our ability to pay dividends or adversely affect our financing options and liquidity position.
  • We are subject to a significant number of privacy and data protection laws and regulations globally, many of which place restrictions on our ability to transfer, access and use personal data across our business.
  • Key products generate a significant amount of our profits and cash flows, and any events that adversely affect the markets for our leading products could adversely affect our results of operations and financial condition.
  • Recent global healthcare reform initiatives, and U.S. judicial decisions, laws, regulations, executive orders and political actions could adversely affect our future revenues and profitability.
  • If we fail to appoint, hire and retain a permanent CEO, other members of our senior management, or other key employees, our business may suffer.
  • An impairment of our Goodwill could materially impact our financial condition and results of operations.
  • We may not realize benefits from our investments in China and emerging markets.
  • We face intense competition from competitors’ products.
  • We are subject to minimum purchase obligations under certain supply agreements, and if we fail to meet those minimum purchase requirements, our financial results may be unfavorably impacted.
  • We have limited in-house discovery and limited cash to pursue early research capabilities and any expansion of our innovative pipeline and early discovery and research capabilities through future external acquisitions, partnerships and collaborations, which may limit our ability to discover or develop new products or expand our existing products into new markets to replace the sales of products that lose patent protection.
  • Our growth could be limited by the scope of our intellectual property licenses.
  • We rely on third parties for activities related to preclinical and clinical testing.
  • We may experience difficulties in connection with future acquisitions, divestitures and other strategic actions. Even if completed, we may have difficulty integrating or otherwise realizing the benefits of such transactions.
  • We may be unable to market our pharmaceutical products or medical devices if we do not obtain and maintain required regulatory approvals or marketing authorizations.
  • Our research and development of new pharmaceutical product candidates or medical devices going forward will be limited, and for those development projects we elect to pursue we and/or our partners may fail to adequately demonstrate the safety and efficacy of any product in pre-clinical studies and clinical trials, which would prevent or delay development, regulatory approval or marketing authorization and commercialization of our product candidates.
  • Developments following regulatory approval or marketing authorization may adversely affect sales of our pharmaceutical products or medical devices.
  • Disruptions at the FDA, the SEC and other comparable foreign government agencies caused by funding shortages or other events could hinder their ability to hire and retain key leadership and other personnel, prevent new products and services from being developed or commercialized in a timely manner, or otherwise prevent those agencies from performing normal business functions, which could negatively impact our business.
  • Issues with product quality could have an adverse effect on our business or cause a loss of customer confidence in us or our products, among other negative consequences.
  • Certain of our products currently benefit from patent protection and market exclusivity. When the patent protection and market exclusivity periods for such products expire, a significant and rapid loss of sales from those products is generally experienced. Expiry of patent protection and market exclusivity for products that contribute significantly to our sales will adversely affect our business.
  • We depend on our patent rights for the marketing of certain of our products, and invalidation or circumvention of our patent rights would adversely affect our business.
  • We are subject to a variety of laws and regulations, and we may face serious consequences for violations if we fail to meet the applicable legal and regulatory requirements.
  • We may experience difficulties or delays or incur unforeseen difficulties, delays and expenses in connection with the manufacturing of certain of our products.
  • We may be unable to obtain sufficient components or raw materials on a timely basis or for a cost-effective price, or we may experience other supply difficulties that could adversely affect both our ability to deliver our products and our results of operations and financial condition.
  • Reliance on third-party relationships and outsourcing arrangements could materially adversely affect our business.
  • The markets for our products, including the women’s health market, may not develop as expected.
  • Biosimilars carry unique regulatory risks and uncertainties, which could adversely affect our results of operations and financial condition.
  • We rely on our commercialization agreements with Samsung Bioepis, Henlius and Biothera for the successful development and manufacture of our biosimilars products and expect to do so for the foreseeable future.
  • The FDA’s shift toward “radical transparency,” including plans to release future complete response letters promptly after they are issued to sponsors and increase enforcement in advertising and promotion, could have an adverse impact on our business and adversely affect our commercial prospects.
  • Our global business could be negatively impacted by corporate citizenship and sustainability matters, which are viewed differently by the U.S. presidential administration and certain U.S. states than under various EU frameworks.
  • Our business and operations are subject to risks related to climate change and natural disasters.
  • Risks Related to Our Common Stock
  • We cannot guarantee the timing, amount or payment of any dividends on our Common Stock.
  • The price and trading volume of our Common Stock may be volatile, and stockholders could lose all or part of their investment in our Company.
  • Certain provisions in our amended and restated certificate of incorporation and bylaws, and of Delaware law, may prevent or delay an acquisition of us, which could decrease the trading price of our Common Stock.
  • Our amended and restated bylaws designate the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our stockholders, and the United States federal district courts as the exclusive forum for claims under the Securities Act, which could limit our stockholders’ ability to obtain what such stockholders believe to be a favorable judicial forum for disputes with us or our directors, officers or employees.

Legal proceedings

We are from time to time subject to claims and litigation arising in the ordinary course of business. These claims and litigation may include, among other things, claims or litigation relating to intellectual property, product liability, securities law, breach of contract and tort, or allegations of violation of United States and foreign competition law, labor laws, consumer protection laws and environmental laws and related regulations. We operate in multiple jurisdictions and, as a result, claims in one jurisdiction may lead to claims or regulatory penalties in other jurisdictions. There can be no assurance as to the ultimate outcome of a legal proceeding; however, we intend to defend vigorously against any pending or future claims and litigation, other than matters deemed appropriate for settlement. We accrue a liability for legal claims when payments associated with the claims become probable and the costs can be reasonably estimated. The actual costs of resolving legal claims may be substantially higher or lower than the amounts accrued for those claims. For a discussion of legal matters as of December 31, 2025, please see Note 18 “Contingencies” to our Consolidated Financial Statements included in this 2025 Form 10-K, which is incorporated into this item by reference.

The opening of Item 3, Legal Proceedings.16

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