Eli Lilly 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	6,973
Gross Profit	54,127	36,625	27,042	21,912	21,345
Selling, General & Admin	11,094	8,594	7,404	6,068	6,142
Research & Development	13,337	10,991	9,313	7,191	6,931
Operating Expenses	24,431	19,585	16,717	13,258	13,073
Operating Income	29,696	17,040	10,325	8,653	8,273
Interest Expense	-	-	-	-331.6	-339.8
Interest & Investment Income	-	-	-	62.8	25.4
Currency Exchange Gain (Loss)	-	-	-	-191.3	-204.6
Other Non Operating Income (Expenses)	-571	-219	97	177	256
EBT Excluding Unusual Items	29,125	16,821	10,422	8,370	8,010
Merger & Restructuring Charges	-	-	-	-	-13
Gain (Loss) on Sale of Investments	-	-	-	-410.7	176.9
Asset Writedown	-484	-861	-68	-	-
Other Unusual Items	-	-	-	-244.6	-1,048
Pretax Income	25,731	12,680	6,554	6,806	6,156
Income Tax Expense	5,091	2,090	1,314	561.6	573.8
Earnings From Continuing Operations	20,640	10,590	5,240	6,245	5,582
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 Per Share	9.98	4.16	0.88	6.34	6.64
Dividend 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%	75.38%
Operating Margin	45.56%	37.83%	30.26%	30.32%	29.21%
Profit Margin	31.67%	23.51%	15.36%	21.88%	19.71%
Free Cash Flow Margin	13.76%	8.35%	2.32%	20.08%	21.39%
EBITDA	31,693	18,807	11,852	10,176	9,820
EBITDA Margin	48.63%	41.75%	34.73%	35.65%	34.68%
D&A For EBITDA	1,997	1,767	1,527	1,523	1,548
EBIT	29,696	17,040	10,325	8,653	8,273
EBIT Margin	45.56%	37.83%	30.26%	30.32%	29.21%
Effective Tax Rate	19.79%	16.48%	20.05%	8.25%	9.32%
Advertising Expenses	-	-	-	966.8	1,240

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q