Eli Lilly and Company Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	65,179	45,043	34,124	28,541	28,318
Revenue Growth (YoY)	44.70%	32.00%	19.56%	0.79%	15.40%
Cost of Revenue	11,052	8,418	7,082	6,630	7,313
Gross Profit	54,127	36,625	27,042	21,912	21,006
Selling, General & Admin	11,094	8,594	7,404	6,440	6,432
Research & Development	16,247	14,271	13,113	8,099	7,901
Other Operating Expenses	484	861	68	244.6	316.1
Operating Income	26,302	12,899	6,457	7,127	6,357
Other Non-Operating Income (Expense)	-571	-219	97	-320.9	-201.6
Total Non-Operating Income (Expense)	-571	-219	97	-320.9	-201.6
Pretax Income	25,731	12,680	6,554	6,806	6,156
Provision for Income Taxes	5,091	2,090	1,314	561.6	573.8
Net Income	20,640	10,590	5,240	6,245	5,582
Net Income to Common	20,640	10,590	5,240	6,245	5,582
Net Income Growth	94.90%	102.10%	-16.09%	11.88%	-9.88%
Shares Outstanding (Basic)	897	901	900	902	907
Shares Outstanding (Diluted)	899	904	903	905	912
Shares Change (YoY)	-0.53%	0.09%	-0.15%	-0.78%	-0.09%
EPS (Basic)	23.00	11.76	5.82	6.93	6.15
EPS (Diluted)	22.95	11.71	5.80	6.90	6.12
EPS Growth	95.99%	101.90%	-15.94%	12.75%	-9.87%
Free Cash Flow	8,972	3,760	792	5,731	6,056
Free Cash Flow Growth	138.62%	374.75%	-86.18%	-5.36%	18.48%
Free Cash Flow Per Share	9.98	4.16	0.88	6.34	6.64
Dividends Per Share	6.000	5.200	4.520	3.920	3.400
Dividend Growth	15.38%	15.04%	15.31%	15.29%	14.87%
Gross Margin	83.04%	81.31%	79.25%	76.77%	74.18%
Operating Margin	40.35%	28.64%	18.92%	24.97%	22.45%
Profit Margin	31.67%	23.51%	15.36%	21.88%	19.71%
FCF Margin	13.77%	8.35%	2.32%	20.08%	21.39%
EBITDA	28,299	14,666	7,984	8,650	7,905
EBITDA Margin	43.42%	32.56%	23.40%	30.31%	27.91%
EBIT	26,302	12,899	6,457	7,127	6,357
EBIT Margin	40.35%	28.64%	18.92%	24.97%	22.45%
Effective Tax Rate	19.79%	16.48%	20.05%	8.25%	9.32%

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