$GILD

GILEAD SCIENCES, INC.

CIK:0000882095|SEC Filings
v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 7,769 $ 7,545 $ 21,518 $ 21,185
Costs and expenses:        
Cost of goods sold 1,569 1,574 4,610 4,670
Research and development expenses 1,346 1,395 4,215 4,266
Acquired in-process research and development expenses 170 505 485 4,674
In-process research and development impairments 0 1,750 190 4,180
Selling, general and administrative expenses 1,357 1,433 3,980 4,184
Total costs and expenses 4,442 6,657 13,480 21,975
Operating income (loss) 3,327 888 8,038 (790)
Interest expense 256 238 769 728
Other (income) expense, net (569) (306) (449) (41)
Income (loss) before income taxes 3,641 956 7,718 (1,477)
Income tax expense (benefit) 589 (297) 1,391 (174)
Net income (loss) 3,052 1,253 6,327 (1,303)
Net income attributable to noncontrolling interest 0 0 0 0
Net income (loss) attributable to Gilead $ 3,052 $ 1,253 $ 6,327 $ (1,303)
Basic earnings (loss) per share attributable to Gilead (in dollars per share) $ 2.46 $ 1.00 $ 5.08 $ (1.04)
Diluted earnings (loss) per share attributable to Gilead (in dollars per share) $ 2.43 $ 1.00 $ 5.04 $ (1.04)
Shares used in basic earnings (loss) per share attributable to Gilead calculation (in shares) 1,243 1,247 1,245 1,247
Shares used in diluted earnings (loss) per share attributable to Gilead calculation (in shares) 1,254 1,254 1,256 1,247
Product sales        
Revenues:        
Total revenues $ 7,345 $ 7,515 $ 21,013 $ 21,074
Royalty, contract and other revenues        
Revenues:        
Total revenues $ 424 $ 30 $ 505 $ 111