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The latest financial statement is for the quarter ending 2026-03-31.

Cash Flow Overview

Free Cash flow
$2,427M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Proceeds from sales of marketabl...
    • Net income
    • Amortization expense
    • Others
Negative Cash Flow Breakdown
    • Repayments of debt and other obl...
    • Payments of dividends
    • Accrued and other liabilities
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Net income
2,021 2,183 3,052 3,275
Depreciation expense
93 90 90 93
Amortization expense
596 597 596 598
Stock-based compensation expense
218 230 230 225
Deferred income taxes
179 -122 659 -178
Net (gain) loss from equity securities
142 253 482 142
Acquired in-process research and development expenses
107 539 170 62
In-process research and development impairments
-400 0 190
Other, net
-183 -267 -89 -33
Accounts receivable, net
-134 -179 333 292
Inventories
52 123 515 175
Prepaid expenses and other
-5 36 368 -81
Accounts payable
-67 -95 230 -162
Income tax assets and liabilities, net
-29 -134 -122 -1,300
Accrued and other liabilities
-702 -395 811 -166
Net cash provided by operating activities
2,544 3,327 4,108 827
Purchases of marketable debt securities
525 1,382 270 2,287
Proceeds from sales of marketable debt securities
2,520 340 219 295
Proceeds from maturities of marketable debt securities
36 23 17 15
Acquisitions, including in-process research and development, net of cash acquired
109 609 167 21
Purchases of equity securities
19 14 82 21
Purchases of property, plant and equipment
117 205 147 107
Other investing activities, net
17 -11 -4 -10
Net cash provided by (used in) investing activities
1,770 -1,835 -427 -2,116
Proceeds from debt financing, net of issuance costs
-0 --
Proceeds from issuances of common stock
166 32 97 27
Repurchases of common stock under repurchase programs
419 230 435 527
Repayments of debt and other obligations
2,766 8 9 9
Payments of dividends
1,040 994 1,005 994
Other financing activities, net
-179 -63 -137 -64
Net cash used in financing activities
-4,239 -1,263 -1,489 -1,567
Effect of exchange rate changes on cash and cash equivalents
-11 5 -5 73
Net change in cash and cash equivalents
65 233 2,187 -2,783
Cash and cash equivalents at beginning of period
7,564 7,330 5,144 7,926
Cash and cash equivalents at end of period
7,628 7,564 7,330 5,144
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net income$2,021M Amortization expense$596M (-0.50%↓ Y/Y)Proceeds from sales ofmarketable debt securities$2,520M Stock-based compensationexpense$218M (4.31%↑ Y/Y)Other, net-$183M (-101.10%↓ Y/Y)Deferred income taxes$179M (189.95%↑ Y/Y)Accounts receivable, net-$134M (-69.62%↓ Y/Y)Acquired in-processresearch and development...$107M (-57.71%↓ Y/Y)Depreciation expense$93M (-4.12%↓ Y/Y)Prepaid expenses andother-$5M (58.33%↑ Y/Y)Proceeds from maturitiesof marketable debt...$36M Net cash provided byoperating activities$2,544M (44.79%↑ Y/Y)Net cash provided by(used in) investing...$1,770M (526.51%↑ Y/Y)Canceled cashflow$992M Canceled cashflow$787M Net change in cashand cash...$65M (103.15%↑ Y/Y)Canceled cashflow$4,250M Accrued and otherliabilities-$702M (-187.70%↓ Y/Y)Net (gain) loss fromequity securities$142M (133.33%↑ Y/Y)Accounts payable-$67M (36.19%↑ Y/Y)Inventories$52M (-76.68%↓ Y/Y)Income tax assets andliabilities, net-$29M (94.75%↑ Y/Y)Proceeds from issuancesof common stock$166M (-34.13%↓ Y/Y)Purchases of marketabledebt securities$525M Purchases of property,plant and equipment$117M (12.50%↑ Y/Y)Acquisitions, includingin-process research and...$109M (-60.07%↓ Y/Y)Purchases of equitysecurities$19M (18.75%↑ Y/Y)Other investingactivities, net$17M (-26.09%↓ Y/Y)Net cash used infinancing activities-$4,239M (-23.73%↓ Y/Y)Effect of exchange ratechanges on cash and cash...-$11M (-157.89%↓ Y/Y)Canceled cashflow$166M Repayments of debt and otherobligations$2,766M (56.98%↑ Y/Y)Payments of dividends$1,040M (2.97%↑ Y/Y)Repurchases of common stockunder repurchase...$419M (-42.60%↓ Y/Y)Other financingactivities, net-$179M (-1.70%↓ Y/Y)

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GILEAD SCIENCES, INC. (GILD)

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GILEAD SCIENCES, INC. (GILD)