Johnson & Johnson Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2024-03-31	2023-12-31	2023-10-01	2023-07-02	2023-04-02	2023-01-01	2022-10-02	2022-07-03	2022-04-03	2022-01-02	2021-10-03	2021-07-04	2021-04-04	2021-01-03	2020-09-27	2020-06-28	2020-03-29	2019-12-29	2019-09-29	2019-06-30	2019-03-31	2018-12-30	2018-09-30	2018-07-01	2018-04-01	2017-12-31	2017-10-01	2017-07-02	2017-04-02	2017-01-01	2016-10-02	2016-07-03	2016-04-03	2016-01-03	2015-09-27	2015-06-28	2015-03-29	2014-12-28	2014-09-28	2014-06-29	+57 Quarters
Revenue	21,383	13,532	21,351	25,530	20,894	12,548	19,996	24,020	23,426	9,769	23,338	23,312	22,321	22,475	21,082	18,336	20,691	20,747	20,729	20,562	20,021	20,394	20,348	20,830	20,009	20,195	19,650	18,839	17,766	18,106	17,820	18,482	17,482	17,811	17,102	17,787	17,374	18,254	18,467	19,495	Upgrade
Revenue Growth (YoY)	2.34%	7.84%	6.78%	6.29%	-10.81%	28.45%	-14.32%	3.04%	4.95%	-56.53%	10.70%	27.14%	7.88%	8.33%	1.70%	-10.83%	3.35%	1.73%	1.87%	-1.29%	0.06%	0.99%	3.55%	10.57%	12.63%	11.54%	10.27%	1.93%	1.62%	1.66%	4.20%	3.91%	0.62%	-2.43%	-7.39%	-8.76%	-4.09%	-0.55%	5.08%	9.05%	Upgrade
Cost of Revenue	6,511	3,340	6,606	8,212	6,687	2,907	6,172	7,919	7,598	1,502	7,250	7,587	7,063	7,814	6,972	6,579	7,062	7,134	6,867	6,940	6,615	6,961	6,589	6,927	6,614	7,259	6,925	5,846	5,409	5,638	5,486	5,336	5,329	5,673	5,224	5,357	5,282	5,853	5,399	6,039	Upgrade
Gross Profit	14,872	10,192	14,745	17,318	14,207	9,641	13,824	16,101	15,828	8,267	16,088	15,725	15,258	14,661	14,110	11,757	13,629	13,613	13,862	13,622	13,406	13,433	13,759	13,903	13,395	12,936	12,725	12,993	12,357	12,468	12,334	13,146	12,153	12,138	11,878	12,430	12,092	12,401	13,068	13,456	Upgrade
Selling, General & Admin	5,257	3,309	5,400	6,665	4,906	3,107	4,975	6,226	5,938	2,613	6,000	6,073	5,432	6,457	5,431	4,993	5,203	6,039	5,374	5,546	5,219	5,991	5,543	5,743	5,263	6,045	5,423	5,289	4,763	5,431	4,772	5,176	4,688	5,891	5,081	5,384	4,847	5,822	5,468	5,481	Upgrade
Research & Development	3,542	4,246	3,447	3,829	3,455	3,485	3,485	3,703	3,462	4,283	3,422	3,394	3,178	4,032	2,840	2,707	2,580	3,232	2,599	2,666	2,858	3,224	2,508	2,639	2,404	3,643	2,585	2,296	2,070	2,688	2,178	2,264	2,013	2,864	2,154	2,129	1,899	2,635	2,023	2,005	Upgrade
Other Operating Expenses	164	114	364	145	179	228	65	85	680	40	960	56	53	97	206	67	58	104	69	57	926	64	1,214	57	42	552	69	11	85	195	62	143	120	723	10	0	0	156	0	4	Upgrade
Operating Expenses	8,963	7,669	9,211	10,639	8,540	6,820	8,525	10,014	10,080	6,936	10,382	9,523	8,663	10,586	8,477	7,767	7,841	9,375	8,042	8,269	9,003	9,279	9,265	8,439	7,709	10,240	8,077	7,596	6,918	8,314	7,012	7,583	6,821	9,478	7,245	7,513	6,746	8,613	7,491	7,490	Upgrade
Operating Income	5,909	2,523	5,534	6,679	5,667	2,821	5,299	6,087	5,748	1,331	5,706	6,202	6,595	4,075	5,633	3,990	5,788	4,238	5,820	5,353	4,403	4,154	4,494	5,464	5,686	2,696	4,648	5,397	5,439	4,154	5,322	5,563	5,332	2,660	4,633	4,917	5,346	3,788	5,577	5,966	Upgrade
Interest Expense / Income	155	19	192	346	212	177	51	38	10	60	20	40	63	87	44	45	25	85	48	83	102	250	243	253	259	274	229	227	204	184	192	190	160	160	123	131	138	139	130	128	Upgrade
Other Expense / Income	2,040	-1,424	-21,594	-429	6,319	-1,264	-72	209	-124	-3,044	1,837	-500	-897	2,341	1,188	5	-746	-65	4,125	-1,771	-121	782	-172	238	-54	-138	-371	422	-340	-354	-151	469	-122	-1,258	388	-955	-367	946	-1,363	212	Upgrade
Pretax Income	3,714	3,928	26,936	6,762	-864	3,908	5,320	5,840	5,862	4,315	3,849	6,662	7,429	1,647	4,401	3,940	6,509	4,218	1,647	7,041	4,422	3,122	4,423	4,973	5,481	2,560	4,790	4,748	5,575	4,324	5,281	4,904	5,294	3,758	4,122	5,741	5,575	2,703	6,810	5,626	Upgrade
Income Tax	459	-121	908	1,618	-796	388	862	1,026	713	-421	182	384	1,232	-91	847	314	713	208	-106	1,434	673	80	489	1,019	1,114	13,273	1,026	921	1,153	510	1,009	907	837	543	764	1,225	1,255	182	2,061	1,300	Upgrade
Net Income	3,255	4,049	26,028	5,144	-68	3,520	4,458	4,814	5,149	4,736	3,667	6,278	6,197	1,738	3,554	3,626	5,796	4,010	1,753	5,607	3,749	3,042	3,934	3,954	4,367	-10,713	3,764	3,827	4,422	3,814	4,272	3,997	4,457	3,215	3,358	4,516	4,320	2,521	4,749	4,326	Upgrade
Net Income Growth	-	15.03%	483.85%	6.86%	-	-25.68%	21.57%	-23.32%	-16.91%	172.50%	3.18%	73.14%	6.92%	-56.66%	102.74%	-35.33%	54.60%	31.82%	-55.44%	41.81%	-14.15%	-	4.52%	3.32%	-1.24%	-	-11.89%	-4.25%	-0.79%	18.63%	27.22%	-11.49%	3.17%	27.53%	-29.29%	4.39%	-8.61%	-28.36%	59.26%	12.86%	Upgrade
Shares Outstanding (Basic)	2,408	2,534	2,523	2,598	2,606	2,625	2,628	2,630	2,629	2,632	2,633	2,633	2,632	2,633	2,633	2,633	2,634	2,645	2,635	2,653	2,661	2,682	2,683	2,682	2,682	2,692	2,685	2,692	2,707	2,737	2,732	2,745	2,757	2,772	2,768	2,772	2,783	2,815	2,814	2,826	Upgrade
Shares Outstanding (Diluted)	2,430	2,560	2,550	2,626	2,606	2,664	2,661	2,668	2,667	2,674	2,675	2,672	2,673	2,671	2,669	2,666	2,671	2,684	2,670	2,692	2,699	2,729	2,728	2,721	2,732	2,745	2,738	2,742	2,755	2,789	2,785	2,794	2,804	2,813	2,807	2,812	2,826	2,864	2,864	2,874	Upgrade
Shares Change	-6.73%	-3.89%	-4.19%	-1.58%	-2.29%	-0.38%	-0.51%	-0.14%	-0.23%	0.12%	0.21%	0.23%	0.06%	-0.51%	-0.02%	-0.97%	-1.03%	-1.63%	-2.12%	-1.09%	-1.21%	-0.60%	-0.37%	-0.74%	-0.82%	-1.56%	-1.71%	-1.89%	-1.76%	-0.85%	-0.78%	-0.63%	-0.79%	-1.78%	-1.99%	-2.16%	-1.69%	-0.46%	-0.59%	-0.65%	Upgrade
EPS (Basic)	1.35	1.61	10.32	1.98	-0.03	1.34	1.70	1.83	1.96	1.81	1.39	2.38	2.35	0.66	1.35	1.38	2.20	1.53	0.67	2.11	1.41	1.13	1.47	1.47	1.63	-3.97	1.40	1.42	1.63	1.40	1.56	1.46	1.62	1.17	1.21	1.63	1.55	0.91	1.69	1.53	Upgrade
EPS (Diluted)	1.34	1.58	10.21	1.96	-0.03	1.32	1.68	1.80	1.93	1.77	1.37	2.35	2.32	0.65	1.33	1.36	2.17	1.50	0.66	2.08	1.39	1.12	1.44	1.45	1.60	-3.91	1.37	1.40	1.61	1.38	1.53	1.43	1.59	1.14	1.20	1.61	1.53	0.89	1.66	1.51	Upgrade
EPS Growth	-	19.70%	507.74%	8.89%	-	-25.42%	22.63%	-23.40%	-16.81%	172.31%	3.01%	72.79%	6.91%	-56.67%	101.52%	-34.62%	56.12%	33.93%	-54.17%	43.45%	-13.13%	-	5.11%	3.57%	-0.62%	-	-10.46%	-2.10%	1.26%	21.05%	27.50%	-11.18%	3.92%	28.09%	-27.71%	6.62%	-6.71%	-27.05%	59.62%	13.53%	Upgrade
Free Cash Flow	2,850	6,274	6,522	3,058	2,394	3,763	5,332	4,718	3,372	4,317	7,543	4,501	3,397	7,020	7,646	2,790	2,733	5,138	6,782	5,111	2,887	4,926	5,453	5,204	2,948	4,865	5,476	5,083	2,353	5,560	4,624	3,807	1,550	3,719	5,351	4,707	2,329	3,108	3,903	4,692	Upgrade
Free Cash Flow Per Share	1.18	2.48	2.58	1.18	0.92	1.43	2.03	1.79	1.28	1.64	2.87	1.71	1.29	2.67	2.90	1.06	1.04	1.94	2.57	1.93	1.08	1.84	2.03	1.94	1.10	1.81	2.04	1.89	0.87	2.03	1.69	1.39	0.56	1.34	1.93	1.70	0.84	1.10	1.39	1.66	Upgrade
Dividend Per Share	1.190	1.190	1.190	1.190	1.130	1.130	1.130	1.130	1.060	1.060	1.060	1.060	1.010	1.010	1.010	1.010	0.950	0.950	0.950	0.950	0.900	0.900	0.900	0.900	0.840	0.840	0.840	0.840	0.800	0.800	0.800	0.800	0.750	0.750	0.750	0.750	0.700	0.700	0.700	0.700	Upgrade
Dividend Growth	5.31%	5.31%	5.31%	5.31%	6.60%	6.60%	6.60%	6.60%	4.95%	4.95%	4.95%	4.95%	6.32%	6.32%	6.32%	6.32%	5.56%	5.56%	5.56%	5.56%	7.14%	7.14%	7.14%	7.14%	5.00%	5.00%	5.00%	5.00%	6.67%	6.67%	6.67%	6.67%	7.14%	7.14%	7.14%	7.14%	6.06%	6.06%	6.06%	6.06%	Upgrade
Gross Margin	69.55%	75.32%	69.06%	67.83%	68.00%	76.83%	69.13%	67.03%	67.57%	84.62%	68.93%	67.45%	68.36%	65.23%	66.93%	64.12%	65.87%	65.61%	66.87%	66.25%	66.96%	65.87%	67.62%	66.75%	66.94%	64.06%	64.76%	68.97%	69.55%	68.86%	69.21%	71.13%	69.52%	68.15%	69.45%	69.88%	69.60%	67.94%	70.76%	69.02%	Upgrade
Operating Margin	27.63%	18.64%	25.92%	26.16%	27.12%	22.48%	26.50%	25.34%	24.54%	13.62%	24.45%	26.60%	29.55%	18.13%	26.72%	21.76%	27.97%	20.43%	28.08%	26.03%	21.99%	20.37%	22.09%	26.23%	28.42%	13.35%	23.65%	28.65%	30.61%	22.94%	29.87%	30.10%	30.50%	14.93%	27.09%	27.64%	30.77%	20.75%	30.20%	30.60%	Upgrade
Profit Margin	15.22%	29.92%	121.91%	20.15%	-0.33%	28.05%	22.29%	20.04%	21.98%	48.48%	15.71%	26.93%	27.76%	7.73%	16.86%	19.78%	28.01%	19.33%	8.46%	27.27%	18.73%	14.92%	19.33%	18.98%	21.83%	-53.05%	19.16%	20.31%	24.89%	21.06%	23.97%	21.63%	25.49%	18.05%	19.64%	25.39%	24.86%	13.81%	25.72%	22.19%	Upgrade
Free Cash Flow Margin	13.33%	46.36%	30.55%	11.98%	11.46%	29.99%	26.67%	19.64%	14.39%	44.19%	32.32%	19.31%	15.22%	31.23%	36.27%	15.22%	13.21%	24.77%	32.72%	24.86%	14.42%	24.15%	26.80%	24.98%	14.73%	24.09%	27.87%	26.98%	13.24%	30.71%	25.95%	20.60%	8.87%	20.88%	31.29%	26.46%	13.41%	17.03%	21.13%	24.07%	Upgrade
Effective Tax Rate	12.36%	-3.08%	3.37%	23.93%	-	9.93%	16.20%	17.57%	12.16%	-9.76%	4.73%	5.76%	16.58%	-5.53%	19.25%	7.97%	10.95%	4.93%	-6.44%	20.37%	15.22%	2.56%	11.06%	20.49%	20.32%	518.48%	21.42%	19.40%	20.68%	11.79%	19.11%	18.50%	15.81%	14.45%	18.53%	21.34%	22.51%	6.73%	30.26%	23.11%	Upgrade
EBITDA	5,684	5,790	28,957	9,042	1,228	5,857	7,056	7,622	7,641	6,218	5,683	8,541	9,386	3,674	6,263	5,711	8,281	6,119	3,422	8,829	6,285	5,107	6,397	6,943	7,486	4,703	6,730	6,125	6,691	5,563	6,381	5,994	6,345	4,951	5,174	6,761	6,608	3,833	7,879	6,706	Upgrade
EBITDA Margin	26.58%	42.79%	135.62%	35.42%	5.88%	46.68%	35.29%	31.73%	32.62%	63.65%	24.35%	36.64%	42.05%	16.35%	29.71%	31.15%	40.02%	29.49%	16.51%	42.94%	31.39%	25.04%	31.44%	33.33%	37.41%	23.29%	34.25%	32.51%	37.66%	30.72%	35.81%	32.43%	36.29%	27.80%	30.25%	38.01%	38.03%	21.00%	42.67%	34.40%	Upgrade
Depreciation & Amortization	1,815	1,843	1,829	1,934	1,880	1,772	1,685	1,744	1,769	1,843	1,814	1,839	1,894	1,940	1,818	1,726	1,747	1,816	1,727	1,705	1,761	1,735	1,731	1,717	1,746	1,869	1,711	1,150	912	1,055	908	900	891	1,033	929	889	895	991	939	952	Upgrade
EBIT	3,869	3,947	27,128	7,108	-652	4,085	5,371	5,878	5,872	4,375	3,869	6,702	7,492	1,734	4,445	3,985	6,534	4,303	1,695	7,124	4,524	3,372	4,666	5,226	5,740	2,834	5,019	4,975	5,779	4,508	5,473	5,094	5,454	3,918	4,245	5,872	5,713	2,842	6,940	5,754	Upgrade
EBIT Margin	18.09%	29.17%	127.06%	27.84%	-3.12%	32.55%	26.86%	24.47%	25.07%	44.78%	16.58%	28.75%	33.56%	7.72%	21.08%	21.73%	31.58%	20.74%	8.18%	34.65%	22.60%	16.53%	22.93%	25.09%	28.69%	14.03%	25.54%	26.41%	32.53%	24.90%	30.71%	27.56%	31.20%	22.00%	24.82%	33.01%	32.88%	15.57%	37.58%	29.52%	Upgrade

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).