Johnson & Johnson Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	94,193	94,193	88,821	85,159	79,990	78,740
Revenue Growth (YoY)	5.44%	6.05%	4.30%	6.46%	1.59%	-4.66%
Cost of Revenue	30,256	30,256	27,471	26,553	24,596	23,402
Gross Profit	63,937	63,937	61,350	58,606	55,394	55,338
Selling, General & Admin	23,676	23,676	22,869	21,512	20,246	20,118
Research & Development	14,746	14,746	17,443	15,398	14,918	15,177
Other Operating Expenses	228	228	234	489	275	209
Operating Income	25,287	25,287	20,804	21,207	19,955	19,834
Interest Income	1,056	1,056	1,332	1,261	490	53
Interest Expense	-971	-971	-755	-772	-276	-183
Other Non-Operating Income (Expense)	7,209	7,209	-4,694	-6,634	-810	-526
Total Non-Operating Income (Expense)	7,294	7,294	-4,117	-6,145	-596	-656
Pretax Income	32,581	32,581	16,687	15,062	19,359	19,178
Provision for Income Taxes	5,777	5,777	2,621	1,736	2,989	1,377
Net Income	26,804	26,804	14,066	35,153	17,941	20,878
Earnings From Discontinued Operations	-	-	-	21,827	1,571	3,077
Net Income to Common	26,804	26,804	14,066	35,153	17,941	20,878
Net Income Growth	22.90%	90.56%	-59.99%	95.94%	-14.07%	41.89%
Shares Outstanding (Basic)	2,407	2,407	2,407	2,534	2,625	2,632
Shares Outstanding (Diluted)	2,429	2,429	2,429	2,560	2,664	2,674
Shares Change (YoY)	0.17%	-	-5.12%	-3.89%	-0.38%	0.12%
EPS (Basic)	11.13	11.13	5.84	13.88	6.83	7.93
EPS (Diluted)	11.03	11.03	5.79	13.72	6.73	7.81
EPS Growth	22.69%	90.50%	-57.80%	103.86%	-13.83%	41.74%
Free Cash Flow	23,061	19,698	19,842	18,248	17,185	19,758
Free Cash Flow Growth	17.07%	-0.73%	8.73%	6.19%	-13.02%	-2.14%
Free Cash Flow Per Share	9.49	8.11	8.17	7.13	6.45	7.39
Dividends Per Share	-	-	4.910	4.700	4.450	4.190
Dividend Growth	-	-	4.47%	5.62%	6.21%	5.28%
Gross Margin	68.38%	67.88%	69.07%	68.82%	69.25%	70.28%
Operating Margin	26.23%	26.85%	23.42%	24.90%	24.95%	25.19%
Profit Margin	21.68%	28.46%	15.84%	15.65%	20.47%	22.61%
FCF Margin	23.88%	20.91%	22.34%	21.43%	21.48%	25.09%
EBITDA	32,960	32,790	28,143	28,693	26,925	27,224
EBITDA Margin	34.13%	34.81%	31.69%	33.69%	33.66%	34.57%
EBIT	25,287	25,287	20,804	21,207	19,955	19,834
EBIT Margin	26.23%	26.85%	23.42%	24.90%	24.95%	25.19%
Effective Tax Rate	16.84%	17.73%	15.71%	11.53%	15.44%	7.18%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.