Bristol-Myers Squibb Company (BMY) quarterly income statement — complete revenue, gross profit & net income history
Bristol-Myers Squibb Company (BMY) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 13.07B | 12.97B | 11.49B | 12.5B | 12.22B | 12.27B | 11.2B | 12.34B | 11.89B | 12.2B | 11.87B | 11.48B | 10.97B | 11.23B | 11.34B | 11.41B | 11.22B | 11.89B | 11.65B | 11.98B |
| Revenue Growth % | 6.93% | 5.74% | 2.57% | 1.3% | 2.77% | 0.56% | -5.6% | 7.54% | 8.44% | 8.69% | 4.66% | 0.62% | -2.25% | -5.56% | -2.67% | -4.83% | -3.49% | 1.57% | 5.19% | 8.29% |
| Cost of Goods Sold | 4.15B | 3.73B | 3.42B | 4.1B | 3.44B | 3.37B | 3.03B | 4.92B | 5.28B | 5.4B | 5.28B | 4.99B | 4.75B | 5.1B | 4.82B | 4.92B | 4.77B | 5.09B | 4.89B | 4.79B |
| COGS % of Revenue | 31.72% | 28.72% | 29.78% | 32.77% | 28.11% | 27.48% | 27.08% | 39.85% | 44.36% | 44.26% | 44.46% | 43.43% | 43.28% | 45.4% | 42.52% | 43.1% | 42.53% | 42.85% | 41.96% | 39.98% |
| Gross Profit | 8.92B | 9.25B | 8.07B | 8.41B | 8.79B | 8.9B | 8.17B | 7.42B | 6.62B | 6.8B | 6.59B | 6.49B | 6.22B | 6.13B | 6.52B | 6.49B | 6.45B | 6.79B | 6.76B | 7.19B |
| Gross Margin % | 68.28% | 71.28% | 70.22% | 67.23% | 71.89% | 72.52% | 72.92% | 60.15% | 55.64% | 55.74% | 55.54% | 56.57% | 56.72% | 54.6% | 57.48% | 56.9% | 57.47% | 57.15% | 58.04% | 60.02% |
| Gross Profit Growth % | 1.55% | 3.93% | -1.22% | 13.23% | 32.79% | 30.82% | 23.95% | 14.36% | 6.38% | 10.96% | 1.14% | 0.03% | -3.52% | -9.77% | -3.61% | -9.77% | -4.76% | 1.22% | 11.04% | 15.29% |
| Operating Expenses | 6.08B | 5.16B | 4.7B | 5.59B | 5.15B | 5.12B | 4.67B | 4.89B | 4.33B | 4.22B | 5.05B | 4.54B | 4.12B | 4.19B | 4.06B | 4.78B | 4.22B | 4.1B | 4.05B | 4.96B |
| OpEx % of Revenue | 46.52% | 39.78% | 40.93% | 44.73% | 42.12% | 41.76% | 41.7% | 39.65% | 36.4% | 34.56% | 42.6% | 39.56% | 37.53% | 37.29% | 35.84% | 41.87% | 37.59% | 34.53% | 34.76% | 41.38% |
| Selling, General & Admin | 1.7B | 1.83B | 1.62B | 2.18B | 1.79B | 1.71B | 1.58B | 1.85B | 1.98B | 1.92B | 2.36B | 2.06B | 1.94B | 1.93B | 1.76B | 2.27B | 1.86B | 1.78B | 1.83B | 2.35B |
| SG&A % of Revenue | 13% | 14.08% | 14.07% | 17.44% | 14.64% | 13.96% | 14.14% | 15.01% | 16.62% | 15.75% | 19.9% | 17.98% | 17.67% | 17.17% | 15.54% | 19.87% | 16.55% | 15% | 15.7% | 19.62% |
| Research & Development | 2.37B | 2.96B | 2.65B | 2.59B | 2.53B | 2.58B | 2.26B | 2.79B | 2.35B | 2.29B | 2.69B | 2.48B | 2.18B | 2.26B | 2.3B | 2.51B | 2.36B | 2.32B | 2.22B | 2.61B |
| R&D % of Revenue | 18.1% | 22.81% | 23.06% | 20.68% | 20.68% | 21.03% | 20.15% | 22.59% | 19.79% | 18.81% | 22.71% | 21.57% | 19.86% | 20.11% | 20.3% | 22.01% | 21.04% | 19.53% | 19.06% | 21.75% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.84B | 4.09B | 3.37B | 2.81B | 3.64B | 3.77B | 3.5B | 2.53B | 2.29B | 2.58B | 1.53B | 1.95B | 2.1B | 1.94B | 2.45B | 1.71B | 2.23B | 2.69B | 2.71B | 2.23B |
| Operating Margin % | 21.75% | 31.5% | 29.29% | 22.5% | 29.77% | 30.76% | 31.22% | 20.51% | 19.24% | 21.18% | 12.94% | 17.01% | 19.19% | 17.31% | 21.64% | 15.03% | 19.88% | 22.62% | 23.27% | 18.64% |
| Operating Income Growth % | -21.87% | 8.27% | -3.77% | 11.14% | 59.05% | 46.05% | 127.82% | 29.66% | 8.75% | 32.99% | -37.42% | 13.89% | -5.65% | -27.74% | -9.52% | -23.28% | 28.75% | 72.59% | 23.4% | 205.61% |
| EBITDA | 2.94B | 4.54B | 3.96B | 3.79B | 4.65B | 4.79B | 4.51B | 4.41B | 4.88B | 5.18B | 4.07B | 4.42B | 4.54B | 4.38B | 4.88B | 4.24B | 4.82B | 5.27B | 5.29B | 4.81B |
| EBITDA Margin % | 22.49% | 34.96% | 34.46% | 30.31% | 38.05% | 39% | 40.26% | 35.74% | 41.04% | 42.46% | 34.28% | 38.48% | 41.39% | 38.97% | 43.06% | 37.13% | 42.95% | 44.35% | 45.46% | 40.16% |
| EBITDA Growth % | -36.8% | -5.2% | -12.2% | -14.08% | -4.71% | -7.63% | 10.87% | -0.11% | 7.51% | 18.4% | -16.69% | 4.27% | -5.79% | -17.01% | -7.8% | -12.01% | 8.05% | 23.47% | 8.84% | 40.69% |
| D&A (Non-Cash Add-back) | 0 | 450M | 594M | 977M | 1.01B | 1.01B | 1.01B | 1.88B | 2.59B | 2.6B | 2.53B | 2.46B | 2.44B | 2.43B | 2.43B | 2.52B | 2.59B | 2.58B | 2.58B | 2.58B |
| EBIT | 2.94B | 4.49B | 3.65B | 1.9B | 3.59B | 2.26B | 3.46B | 671M | 2.18B | 1.81B | -11.09B | 1.99B | 2.4B | 2.14B | 3.06B | 2.15B | 2.51B | 2.27B | 2.01B | 2.18B |
| Net Interest Income | -403M | -407M | -411M | -432M | -480M | -485M | -494M | -496M | -505M | -521M | -425M | -316M | -280M | -282M | -288M | -294M | -299M | -313M | -326M | -323M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 403M | 407M | 411M | 432M | 480M | 485M | 494M | 496M | 505M | 521M | 425M | 316M | 280M | 282M | 288M | 294M | 299M | 313M | 326M | 323M |
| Other Income/Expense | -307M | 0 | -125M | -1.34B | -525M | -2B | -526M | -2.36B | -612M | -1.3B | -13.05B | -278M | 33M | -84M | 317M | 145M | -21M | -731M | -1.02B | -376M |
| Pretax Income | 2.54B | 4.09B | 3.24B | 1.47B | 3.11B | 1.77B | 2.97B | 175M | 1.68B | 1.29B | -11.52B | 1.67B | 2.14B | 1.86B | 2.77B | 1.86B | 2.21B | 1.96B | 1.69B | 1.86B |
| Pretax Margin % | 19.4% | 31.5% | 28.2% | 11.76% | 25.48% | 14.45% | 26.52% | 1.42% | 14.09% | 10.54% | -97.06% | 14.59% | 19.49% | 16.56% | 24.43% | 16.3% | 19.69% | 16.47% | 14.48% | 15.5% |
| Income Tax | 374M | 770M | 561M | 384M | 919M | 460M | 509M | 99M | 461M | -398M | 392M | -88M | 203M | -218M | 503M | -166M | 601M | 529M | 404M | -514M |
| Effective Tax Rate % | 14.75% | 18.84% | 17.31% | 26.12% | 29.51% | 25.94% | 17.13% | 56.57% | 27.51% | -30.95% | -3.4% | -5.26% | 9.5% | -11.73% | 18.16% | -8.93% | 27.21% | 27.02% | 23.95% | -27.66% |
| Net Income | 2.16B | 3.32B | 2.68B | 1.09B | 2.2B | 1.31B | 2.46B | 72M | 1.21B | 1.68B | -11.91B | 1.76B | 1.93B | 2.07B | 2.26B | 2.02B | 1.61B | 1.42B | 1.28B | 2.37B |
| Net Margin % | 16.54% | 25.57% | 23.3% | 8.69% | 18.01% | 10.68% | 21.93% | 0.58% | 10.18% | 13.77% | -100.39% | 15.35% | 17.58% | 18.47% | 19.95% | 17.73% | 14.32% | 11.95% | 10.97% | 19.79% |
| Net Income Growth % | -1.77% | 153.21% | 9% | 1409.72% | 81.75% | -22.02% | 120.62% | -95.91% | -37.19% | -18.96% | -626.57% | -12.86% | 20.05% | 45.88% | 77% | -14.76% | 3.88% | 34.69% | -36.76% | 123.66% |
| Net Income (Continuing) | 2.16B | 3.32B | 2.68B | 1.09B | 2.19B | 1.31B | 2.46B | 76M | 1.22B | 1.68B | -11.91B | 1.76B | 1.93B | 2.08B | 2.27B | 2.02B | 1.61B | 1.43B | 1.28B | 2.37B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 34M | 33M | 48M | 54M | 59M | 53M | 58M | 54M | 58M | 55M | 64M | 57M | 62M | 57M | 63M | 61M | 65M | 60M |
| EPS (Diluted) | 1.05 | 1.62 | 1.31 | 0.53 | 1.08 | 0.64 | 1.20 | 0.04 | 0.60 | 0.83 | -5.89 | 0.87 | 0.93 | 0.99 | 1.07 | 0.95 | 0.75 | 0.66 | 0.59 | 1.07 |
| EPS Growth % | -2.78% | 153.13% | 9.17% | 1401.42% | 80% | -22.89% | 120.37% | -95.94% | -35.48% | -16.16% | -650.47% | -8.42% | 24% | 50% | 81.36% | -11.21% | 8.7% | 40.43% | -33.71% | 124.04% |
| EPS (Basic) | 1.06 | 1.62 | 1.31 | 0.53 | 1.08 | 0.64 | 1.21 | 0.04 | 0.60 | 0.83 | -5.89 | 0.87 | 0.94 | 0.99 | 1.08 | 0.96 | 0.75 | 0.67 | 0.60 | 1.10 |
| Diluted Shares Outstanding | 2.05B | 2.05B | 2.04B | 2.04B | 2.04B | 2.04B | 2.04B | 2.04B | 2.03B | 2.03B | 2.02B | 2.03B | 2.06B | 2.1B | 2.11B | 2.12B | 2.15B | 2.15B | 2.16B | 2.22B |
| Basic Shares Outstanding | 2.04B | 2.04B | 2.04B | 2.04B | 2.04B | 2.04B | 2.03B | 2.03B | 2.03B | 2.03B | 2.02B | 2.03B | 2.06B | 2.09B | 2.1B | 2.11B | 2.13B | 2.13B | 2.15B | 2.15B |
| Dividend Payout Ratio | 59.53% | 38.8% | 47.93% | 116.1% | 57.38% | 96.34% | 51.22% | 1691.67% | 100.41% | 72.44% | - | 65.83% | 61.77% | 57.74% | 52.87% | 56.63% | 71.86% | 80.93% | 92.72% | 46.33% |