Gilead Historical Income Statement

0QYQ Stock   92.82  0.27  0.29%   
Historical analysis of Gilead Sciences income statement accounts such as Interest Income of 1.3 B, Interest Expense of 0.0 or Selling General Administrative of 5 B can show how well Gilead Sciences performed in making a profits. Evaluating Gilead Sciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gilead Sciences's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Gilead Sciences latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gilead Sciences is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gilead Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Gilead Stock please use our How to Invest in Gilead Sciences guide.

About Gilead Income Statement Analysis

Gilead Sciences Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Gilead Sciences shareholders. The income statement also shows Gilead investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Gilead Sciences Income Statement Chart

At this time, Gilead Sciences' Interest Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 1.5 B in 2024, whereas Tax Provision is likely to drop slightly above 1.5 B in 2024.

Total Revenue

Total revenue comprises all receipts Gilead Sciences generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Gilead Sciences minus its cost of goods sold. It is profit before Gilead Sciences operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Gilead Sciences operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gilead Sciences is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Gilead Sciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gilead Sciences current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gilead Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Gilead Stock please use our How to Invest in Gilead Sciences guide.At this time, Gilead Sciences' Interest Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 1.5 B in 2024, whereas Tax Provision is likely to drop slightly above 1.5 B in 2024.
 2020 2021 2023 2024 (projected)
Gross Profit20.1B20.7B23.8B21.5B
Total Revenue24.7B27.3B31.4B27.0B

Gilead Sciences income statement Correlations

Gilead Sciences Account Relationship Matchups

Gilead Sciences income statement Accounts

201920202021202220232024 (projected)
Tax Provision2.3B(204M)1.6B2.1B1.9B1.5B
Interest Income964M227M2.7B1.0B1.2B1.3B
Selling General Administrative4.1B4.4B5.2B5.2B6.0B5.0B
Total Revenue22.1B22.4B24.7B27.3B31.4B27.0B
Gross Profit17.3B17.8B20.1B20.7B23.8B21.5B
Operating Income8.2B4.3B4.1B9.9B8.9B6.5B
Cost Of Revenue4.9B4.7B4.6B6.6B7.6B5.5B
Income Before Tax7.8B5.2B1.7B8.3B7.5B5.8B
Net Income Applicable To Common Shares5.4B123M6.2B4.6B4.1B3.5B
Net Income5.5B5.4B123M6.2B5.6B3.5B
Ebit9.3B11.0B11.9B11.0B12.6B11.6B
Income Tax Expense(204M)1.6B2.1B1.2B1.4B1.5B

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Additional Tools for Gilead Stock Analysis

When running Gilead Sciences' price analysis, check to measure Gilead Sciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gilead Sciences is operating at the current time. Most of Gilead Sciences' value examination focuses on studying past and present price action to predict the probability of Gilead Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gilead Sciences' price. Additionally, you may evaluate how the addition of Gilead Sciences to your portfolios can decrease your overall portfolio volatility.