Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Gilead Sciences Inc. (NASDAQ:GILD)

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Income Statement

Beginner level

Gilead Sciences Inc., consolidated income statement

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Product sales
Cost of goods sold
Gross profit on product sales
Royalty, contract and other revenues
Research and development expenses
Acquired in-process research and development expenses
Selling, general and administrative expenses
Income from operations
Interest expense
Other income (expense), net
Income before income taxes
Income tax (expense) benefit
Net income
Net (income) loss attributable to noncontrolling interest
Net income attributable to Gilead

Based on: 10-K (filing date: 2021-02-25), 10-K (filing date: 2020-02-25), 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-27).

Income statement item Description The company
Product sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Gilead Sciences Inc.’s product sales increased from 2018 to 2019 and from 2019 to 2020.
Income from operations The net result for the period of deducting operating expenses from operating revenues. Gilead Sciences Inc.’s income from operations decreased from 2018 to 2019 and from 2019 to 2020.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Gilead Sciences Inc.’s income before income taxes decreased from 2018 to 2019 and from 2019 to 2020.
Net income attributable to Gilead The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Gilead Sciences Inc.’s net income attributable to Gilead decreased from 2018 to 2019 and from 2019 to 2020.