BMY Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	48,482	48,194	48,300	45,006	46,159	46,385
Revenue Growth (YoY)	1.78%	-0.22%	7.32%	-2.50%	-0.49%	9.10%
Cost of Revenue	14,325	13,936	13,968	10,693	10,137	9,940
Gross Profit	34,157	34,258	34,332	34,313	36,022	36,445
Selling, General & Admin	7,300	7,267	8,414	7,772	7,814	7,690
Depreciation & Amortization Expenses	2,924	3,317	8,872	9,047	9,595	10,023
Research & Development	13,971	13,672	24,532	10,212	10,324	11,354
Total Operating Expenses	24,195	24,256	41,818	27,031	27,733	29,067
Operating Income	9,962	10,002	-7,486	7,282	8,289	7,378
Interest Income	148	-	-	-	-	-
Interest Expense	-432	-	-	-	-	-
Total Non-Operating Income (Expense)	-367	-674	-893	1,158	-576	720
Pretax Income	9,597	9,328	-8,379	8,440	7,713	8,098
Provision for Income Taxes	2,324	2,272	554	400	1,368	1,084
Net Income	7,270	7,055	-8,933	8,040	6,345	7,014
Minority Interest in Earnings	1	-	-	-	-	-
Net Income to Common	7,270	7,055	-8,933	8,040	6,345	7,014
Net Income Growth	33.86%	-	-	26.71%	-9.54%	-
Shares Outstanding (Basic)	2,036	2,034	2,027	2,069	2,130	2,221
Shares Outstanding (Diluted)	2,041	2,039	2,027	2,078	2,146	2,245
Shares Change (YoY)	0.34%	0.59%	-2.45%	-3.17%	-4.41%	-0.58%
EPS (Basic)	3.56	3.47	-4.41	3.88	2.97	3.15
EPS (Diluted)	3.56	3.46	-4.41	3.86	2.95	3.12
EPS Growth	33.33%	-	-	30.85%	-5.45%	-
Shares Outstanding	2,042	2,036	2,029	2,021	2,098	2,176
Free Cash Flow	11,908	12,845	13,942	12,651	11,948	15,234
Free Cash Flow Growth	-7.29%	-7.87%	10.21%	5.88%	-21.57%	14.55%
Free Cash Flow Per Share	5.83	6.30	6.88	6.09	5.57	6.79
Dividends Per Share	2.500	2.490	2.420	2.310	2.190	2.010
Dividend Growth	0.40%	2.89%	4.76%	5.48%	8.96%	9.24%
Gross Margin	70.45%	71.08%	71.08%	76.24%	78.04%	78.57%
Operating Margin	20.55%	20.75%	-15.50%	16.18%	17.96%	15.91%
Profit Margin	15.00%	14.64%	-18.49%	17.86%	13.75%	15.12%
FCF Margin	24.56%	26.65%	28.87%	28.11%	25.88%	32.84%
EBITDA	13,555	14,013	2,114	17,042	18,565	18,064
EBITDA Margin	27.96%	29.08%	4.38%	37.87%	40.22%	38.94%
EBIT	9,962	10,002	-7,486	7,282	8,289	7,378
EBIT Margin	20.55%	20.75%	-15.50%	16.18%	17.96%	15.91%
Effective Tax Rate	24.22%	24.36%	-6.61%	4.74%	17.74%	13.39%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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