Johnson & Johnson Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	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	88,821	85,159	79,990	78,740
Revenue Growth (YoY)	6.05%	4.30%	6.46%	1.59%	-4.66%
Cost of Revenue	30,256	27,471	26,553	24,596	23,402
Gross Profit	63,937	61,350	58,606	55,394	55,338
Selling, General & Admin	23,676	22,869	21,512	20,246	20,118
Research & Development	14,665	17,232	15,085	14,135	14,277
Other Operating Expenses	309	445	802	1,058	1,109
Operating Expenses	38,650	40,546	37,399	35,439	35,504
Operating Income	25,287	20,804	21,207	19,955	19,834
Interest Expense (Income)	971	755	772	276	183
Other Expense (Income)	-8,265	3,362	-16,454	-1,251	-2,604
Pretax Income	32,581	16,687	36,889	20,930	22,255
Income Tax	5,777	2,621	1,736	2,989	1,377
Net Income	26,804	14,066	35,153	17,941	20,878
Net Income Growth	90.56%	-59.99%	95.94%	-14.07%	41.89%
Shares Outstanding (Basic)	2,407	2,407	2,534	2,625	2,632
Shares Outstanding (Diluted)	2,429	2,429	2,560	2,664	2,674
Shares Change	-	-5.12%	-3.89%	-0.38%	0.12%
EPS (Basic)	11.13	5.84	13.88	6.83	7.93
EPS (Diluted)	11.03	5.79	13.72	6.73	7.81
EPS Growth	90.50%	-57.80%	103.86%	-13.83%	41.74%
Free Cash Flow	19,698	19,842	18,248	17,185	19,758
Free Cash Flow Per Share	8.18	8.24	7.20	6.55	7.51
Dividend Per Share	5.140	4.910	4.700	4.450	4.190
Dividend Growth	4.68%	4.47%	5.62%	6.21%	5.28%
Gross Margin	67.88%	69.07%	68.82%	69.25%	70.28%
Operating Margin	26.85%	23.42%	24.90%	24.95%	25.19%
Profit Margin	28.46%	15.84%	41.28%	22.43%	26.52%
Free Cash Flow Margin	20.91%	22.34%	21.43%	21.48%	25.09%
Effective Tax Rate	17.73%	15.71%	4.71%	14.28%	6.19%
EBITDA	41,055	24,781	45,147	28,176	29,828
EBITDA Margin	43.59%	27.90%	53.02%	35.22%	37.88%
Depreciation & Amortization	7,503	7,339	7,486	6,970	7,390
EBIT	33,552	17,442	37,661	21,206	22,438
EBIT Margin	35.62%	19.64%	44.22%	26.51%	28.50%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).