For the year ending 2025-12-31, GILD made $29,443M in revenue. $8,510M in net income. Net profit margin of 28.90%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 29,443 | 28,754 | 27,116 | 27,281 |
| Cost of goods sold | 6,234 | 6,251 | 6,498 | 5,657 |
| Research and development expenses | 5,799 | 5,907 | 5,718 | 4,977 |
| Acquired in-process research and development expenses | 1,024 | 4,663 | 1,155 | 944 |
| In-process research and development impairments | 590 | 4,180 | 50 | 2,700 |
| Selling, general and administrative expenses | 5,774 | 6,091 | 6,090 | 5,673 |
| Total costs and expenses | 19,421 | 27,092 | 19,511 | 19,951 |
| Operating income | 10,022 | 1,662 | 7,605 | 7,330 |
| Interest expense | 1,024 | 977 | 944 | 935 |
| Other (income) expense, net | 798 | 6 | 198 | -581 |
| Income before income taxes | 9,796 | 690 | 6,859 | 5,814 |
| Income tax expense at u.s. federal statutory tax rate | 2,057 | - | - | - |
| State taxes, net of federal benefit | -138 | - | - | - |
| Tax rate differential-IE | -118 | - | - | - |
| Other-IE | 0 | - | - | - |
| Tax rate differential-Foreign Tax Jurisdiction Other | -9 | - | - | - |
| Global intangible low-taxed income | 85 | - | - | - |
| Foreign-derived intangible income | 85 | - | - | - |
| U.s. taxation of foreign branches | 9 | - | - | - |
| Other | 2 | - | - | - |
| R&d tax credits | 143 | - | - | - |
| Other | 9 | - | - | - |
| Valuation allowance-US | -538 | - | - | - |
| Acquired ipr&d and related charges | 65 | - | - | - |
| Other | 20 | - | - | - |
| Changes in unrecognized tax benefits | 61 | - | - | - |
| Settlement of tax examinations | 0 | - | - | - |
| Legal entity restructuring | 0 | - | - | - |
| Other-US | 27 | - | - | - |
| Income tax (benefit) expense | 1,286 | 211 | 1,247 | 1,248 |
| Net income | 8,510 | 480 | 5,613 | 4,566 |
| Net loss attributable to noncontrolling interest | 0 | 0 | -52 | -26 |
| Net income attributable to gilead | 8,510 | 480 | 5,665 | 4,592 |
| Basic EPS | 6.84 | 0.38 | 4.54 | 3.66 |
| Diluted EPS | 6.78 | 0.38 | 4.5 | 3.64 |
| Basic Average Shares | 1,244,000,000 | 1,247,000,000 | 1,248,000,000 | 1,255,000,000 |
| Diluted Average Shares | 1,255,000,000 | 1,255,000,000 | 1,258,000,000 | 1,262,000,000 |
GILEAD SCIENCES, INC. (GILD)
GILEAD SCIENCES, INC. (GILD)