sny-20250630

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2025

Commission File Number: 001-31368

(Translation of registrant’s name into English)

46 avenue de la Grande Armée – 75017 Paris

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

In July 2025, Sanofi issued the financial statements and half year management report attached hereto as Exhibit 99.1 and 99.2 which are incorporated herein by reference.

2025 HALF-YEAR FINANCIAL REPORT


1.	CONDENSED HALF-YEAR CONSOLIDATED FINANCIAL STATEMENTS		2
	CONSOLIDATED BALANCE SHEETS – ASSETS		2
	CONSOLIDATED BALANCE SHEETS — SHAREHOLDERS’ EQUITY AND LIABILITIES		3
	CONSOLIDATED INCOME STATEMENTS		4
	CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME		5
	CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY		6
	CONSOLIDATED STATEMENTS OF CASH FLOWS		8
	NOTES TO THE CONDENSED HALF-YEAR CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2025		10
		INTRODUCTION	10
		A/ Basis of preparation of the half-year financial statements and accounting policies	10
		B/ Significant information for the first half of 2025	13
		C/ Events subsequent to June 30, 2025	34
2	HALF-YEAR MANAGEMENT REPORT		36
		A/ Significant events of the first half of 2025	36
		B/ Progress on implementation of the Corporate Social Responsibility strategy	41
		C/ Events subsequent to June 30, 2025	42
		D/ Consolidated financial statements for the first half of 2025	43
		E/ Risk factors and related party transactions	57
		F/ Outlook	58
		G/ Appendix – Research and Development Pipeline	60
3	STATUTORY AUDITORS’ REPORT		62
4	RESPONSIBILITY STATEMENT OF THE CERTIFYING OFFICER – HALF-YEAR FINANCIAL REPORT		63


Exhibit No.		Description

Exhibit 99.1	Condensed half-year consolidated financial statements for 2025
Exhibit 99.2	2025 Half-year management report, Statutory Auditors’ Report and Responsibility Statement

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: July 31, 2025

SANOFI

By:

/s/ Alexandra Roger

Name:

Alexandra Roger

Title:

Head of Securities Law and Capital Markets