Eli Lilly Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	59,420	45,043	34,124	28,541	28,318	24,540
Revenue Growth (YoY)	45.41%	32.00%	19.56%	0.79%	15.40%	9.95%
Cost of Revenue	10,084	8,418	7,082	6,630	6,973	5,483
Gross Profit	49,336	36,624	27,042	21,912	21,345	19,057
Selling, General & Admin	9,945	8,132	6,941	6,068	6,142	5,869
Research & Development	12,558	10,991	9,313	7,191	6,931	5,976
Operating Expenses	22,503	19,123	16,255	13,258	13,073	11,846
Operating Income	26,833	17,502	10,787	8,653	8,273	7,211
Interest Expense	-897.1	-780.6	-485.9	-331.6	-339.8	-359.6
Interest & Investment Income	197.6	175.2	173.6	62.8	25.4	33
Currency Exchange Gain (Loss)	213.9	-288.3	-26.4	-191.3	-204.6	123.7
Other Non Operating Income (Expenses)	-523.2	262.9	-6.3	177	256	-319.2
EBT Excluding Unusual Items	25,824	16,871	10,442	8,370	8,010	6,689
Merger & Restructuring Charges	-	-	-	-	-13	-151.2
Gain (Loss) on Sale of Investments	-5.9	-49.5	-20.2	-410.7	176.9	1,442
Legal Settlements	-435	-435	-	-	-	-
Other Unusual Items	-308.9	-425.6	-67.7	-244.6	-1,048	20
Pretax Income	22,504	12,680	6,555	6,806	6,156	7,230
Income Tax Expense	4,091	2,090	1,314	561.6	573.8	1,036
Earnings From Continuing Operations	18,412	10,590	5,240	6,245	5,582	6,194
Net Income	18,412	10,590	5,240	6,245	5,582	6,194
Net Income to Common	18,412	10,590	5,240	6,245	5,582	6,194
Net Income Growth	119.98%	102.08%	-16.08%	11.88%	-9.88%	-25.54%
Shares Outstanding (Basic)	898	901	900	902	907	908
Shares Outstanding (Diluted)	901	904	903	905	912	913
Shares Change (YoY)	-0.41%	0.09%	-0.15%	-0.78%	-0.09%	-2.48%
EPS (Basic)	20.50	11.76	5.82	6.93	6.15	6.82
EPS (Diluted)	20.44	11.71	5.80	6.90	6.12	6.79
EPS Growth	121.02%	101.90%	-15.94%	12.75%	-9.87%	-23.65%
Free Cash Flow	9,272	3,760	792.5	5,731	6,056	5,112
Free Cash Flow Per Share	10.30	4.16	0.88	6.34	6.64	5.60
Dividend Per Share	5.800	5.200	4.520	3.920	3.400	2.960
Dividend Growth	15.31%	15.04%	15.31%	15.29%	14.87%	14.73%
Gross Margin	83.03%	81.31%	79.25%	76.77%	75.38%	77.66%
Operating Margin	45.16%	38.86%	31.61%	30.32%	29.21%	29.38%
Profit Margin	30.99%	23.51%	15.36%	21.88%	19.71%	25.24%
Free Cash Flow Margin	15.60%	8.35%	2.32%	20.08%	21.39%	20.83%
EBITDA	28,729	19,268	12,315	10,176	9,820	8,535
EBITDA Margin	48.35%	42.78%	36.09%	35.65%	34.68%	34.78%
D&A For EBITDA	1,896	1,767	1,527	1,523	1,548	1,324
EBIT	26,833	17,502	10,787	8,653	8,273	7,211
EBIT Margin	45.16%	38.86%	31.61%	30.32%	29.21%	29.38%
Effective Tax Rate	18.18%	16.48%	20.05%	8.25%	9.32%	14.33%
Advertising Expenses	-	1,440	1,120	966.8	1,240	1,100

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q