ELI LILLY & Co

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $21.2b $22.9b $21.5b $22.3b $24.5b $28.3b $28.5b $34.1b $45.0b $65.2b
Cost of Revenue $5.7b $6.1b $4.7b $4.7b $5.5b $7.3b $6.6b $7.1b $8.4b $11.1b
Cost of sales $5.7b $6.1b $6.4b $4.7b $5.5b $7.3b $6.6b $7.1b $8.4b $11.1b
Gross Profit (Calculated) $15.6b $16.8b $16.8b $17.6b $19.1b $21.0b $21.9b $27.0b $36.6b $54.1b
Acquired in-process research and development $30.0m $1.1b $2.0b $239.6m $660.4m $874.9m $908.5m $3.8b $3.3b $2.9b
Research and development $5.2b $5.3b $5.3b $5.6b $6.1b $7.0b $7.2b $9.3b $11.0b $13.3b
Operating expenses:
Additional Financial Items
Amortization of Intangible Assets $687.9m $683.4m $361.3m $225.8m $428.2m $628.8m $579.7m $505.6m $552.9m $488.0m
Asset impairment, restructuring, and other special charges $382.5m $1.7b $482.0m $575.6m $131.2m $316.1m $244.6m $67.7m $860.6m $484.0m
Basic (in shares) $1.1b $1.1b $1.0b $931.1m $907.6m $907.0m $901.7m $900.2m $900.6m $897.3m
Diluted (in shares) $1.1b $1.1b $1.0b $935.7m $912.5m $911.7m $904.6m $903.3m $904.1m $899.3m
Foreign Currency Transaction Gain (Loss), Realized ($203.9m) $0 $0
Gain (Loss) on Investments $1.4b $178.0m ($420.0m) ($23.5m) ($49.8m)
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations, Per Basic Share $3 $5 $7 $6
Income (Loss) from Continuing Operations, Per Diluted Share $3 ($0) $3 $5 $7 $6 $7 $6 $12 $23
Income taxes $636.4m $2.4b $563.7m $628.0m $1.0b $573.8m $561.6m $1.3b $2.1b $5.1b
Marketing, selling, and administrative $6.5b $6.6b $6.6b $6.2b $6.1b $6.4b $6.4b $7.4b $8.6b $11.1b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $3.4b $2.2b $3.7b $5.3b $7.2b $6.2b $6.8b $6.6b $12.7b $25.7b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $3.2b $4.6b $6.2b $5.6b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $81.4m $3.7b $0 $0
Income before income taxes $3.4b $2.2b $3.8b $5.3b $7.2b $6.2b $6.8b $6.6b $12.7b $25.7b
Net Income (Loss) Attributable to Parent $2.7b ($204.1m) $3.2b $8.3b $6.2b $5.6b $6.2b $5.2b $10.6b $20.6b
Common Stock, Dividends, Per Share, Declared $2.59 ($0.19) $2.33 $2.68 $3.07 $3.53 $4.07 $4.69 $5.40 $6.23
Earnings Per Share, Basic $2.59 ($0.19) $3.14 $8.93 $6.82 $6.15 $6.93 $5.82 $11.76 $23.00
Earnings Per Share, Diluted $2.58 ($0.19) $3.13 $8.89 $6.79 $6.12 $6.90 $5.80 $11.71 $22.95
Weighted Average Number of Shares Outstanding, Basic 1.1b 1.1b 1.0b 931.1m 907.6m 907.0m 901.7m 900.2m 900.6m 897.3m
Weighted Average Number of Shares Outstanding, Diluted 1.1b 1.1b 1.0b 935.7m 912.5m 911.7m 904.6m 903.3m 904.1m 899.3m
Costs, expenses, and other $17.8b $20.7b $20.8b $17.1b $17.3b $22.2b $21.7b $27.6b $32.4b $39.4b
Current Income Tax Expense (Benefit) $196.9m $3.2b $281.1m $565.6m $1.2b $1.4b $2.7b $3.7b $4.8b $6.8b
Interest Expense $185.2m $225.0m $242.5m $400.6m $359.6m $339.8m $331.6m $485.9m
Interest Expense (non-operating) $780.6m $895.0m
Other Nonoperating Income (Expense) $195.6m $110.1m ($11.7m) $344.6m $1.2b $51.4m ($14.3m) ($32.7m) ($25.4m)
Other—net, (income) expense $84.8m ($52.4m) ($74.8m) ($291.6m) ($1.2b) $201.6m $320.9m ($96.7m) $218.6m $571.0m
Research and Development Expense $5.2b $5.3b $5.1b $5.6b $6.1b $7.0b $7.2b
Selling, General and Administrative Expense $6.5b $6.6b $6.0b $6.2b $6.1b $6.4b $6.4b $7.4b $8.6b $11.1b
Income Tax Expense (Benefit) $636.4m $2.4b $529.5m $628.0m $1.0b $573.8m $561.6m $1.3b $2.1b $5.1b
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component ($209.9m) ($251.8m) ($289.7m) ($372.9m) ($461.9m) ($461.7m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.