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Microsoft Excel LibreOffice Calc

Pfizer Inc. (PFE)


Analysis of Revenues

Difficulty: Advanced


Revenue Recognition Accounting Policy

Pfizer records revenues from product sales when there is a transfer of control of the product from Pfizer to the customer. Pfizer determines transfer of control based on when the product is shipped or delivered and title passes to the customer.

Source: 10-K (filing date: 2019-02-28).


Revenues as Reported

Pfizer Inc., Income Statement, Revenues

USD $ in millions

Microsoft Excel LibreOffice Calc
12 months ended Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Pfizer Innovative Health (IH) hidden hidden hidden hidden hidden
Pfizer Essential Health (EH) hidden hidden hidden hidden hidden
Reportable segments hidden hidden hidden hidden hidden
Certain significant items hidden hidden hidden hidden hidden
Revenues hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2019-02-28), 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-29), 10-K (filing date: 2015-02-27).

Item Description The company
Revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Pfizer Inc.’s revenues declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.