$GILD

Arcellx, Inc.

CIK:0000882095|SEC Filings
v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Total revenues $ 29,443 $ 28,754 $ 27,116
Costs and expenses:      
Cost of goods sold 6,234 6,251 6,498
Research and development expenses 5,799 5,907 5,718
Acquired in-process research and development expenses 1,024 4,663 1,155
In-process research and development impairments 590 4,180 50
Selling, general and administrative expenses 5,774 6,091 6,090
Total costs and expenses 19,421 27,092 19,511
Operating income 10,022 1,662 7,605
Interest expense 1,024 977 944
Other (income) expense, net (798) (6) (198)
Income before income taxes 9,796 690 6,859
Income tax (benefit) expense 1,286 211 1,247
Net income 8,510 480 5,613
Net loss attributable to noncontrolling interest 0 0 (52)
Net income attributable to Gilead $ 8,510 $ 480 $ 5,665
Basic earnings per share attributable to Gilead (in dollars per share) $ 6.84 $ 0.38 $ 4.54
Diluted earnings per share attributable to Gilead (in dollars per share) $ 6.78 $ 0.38 $ 4.50
Shares used in basic earnings per share attributable to Gilead calculation (in shares) 1,244 1,247 1,248
Shares used in diluted earnings per share attributable to Gilead calculation (in shares) 1,255 1,255 1,258
Product sales      
Revenues:      
Total revenues $ 28,915 $ 28,610 $ 26,934
Royalty, contract and other revenues      
Revenues:      
Total revenues $ 527 $ 144 $ 182