Elanco Animal Health Incorporated (ELAN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.37B | 1.14B | 1.14B | 1.24B | 1.19B | 1.02B | 1.03B | 1.18B | 1.21B | 1.03B | 1.07B | 1.06B | 1.26B | 988M | 1.03B | 1.18B | 1.23B | 1.11B | 1.13B | 1.28B |
| Revenue Growth % | 14.92% | 12.16% | 10.39% | 4.81% | -1% | -1.45% | -3.56% | 12.02% | -4.14% | 4.76% | 4.09% | -10.04% | 2.53% | -11.23% | -9.28% | -8.13% | -1.29% | -2.34% | 27.14% | 118.15% |
| Cost of Goods Sold | 586M | 694M | 530M | 664M | 637M | 631M | 625M | 626M | 648M | 654M | 627M | 570M | 628M | 578M | 600M | 617M | 646M | 651M | 643M | 680M |
| COGS % of Revenue | 42.74% | 60.66% | 46.61% | 53.51% | 53.39% | 61.86% | 60.68% | 52.87% | 53.78% | 63.19% | 58.71% | 53.93% | 49.96% | 58.5% | 58.48% | 52.51% | 52.69% | 58.49% | 56.85% | 53.17% |
| Gross Profit | 785M | 450M | 607M | 577M | 556M | 389M | 405M | 558M | 557M | 381M | 441M | 487M | 629M | 410M | 426M | 558M | 580M | 462M | 488M | 599M |
| Gross Margin % | 57.26% | 39.34% | 53.39% | 46.49% | 46.61% | 38.14% | 39.32% | 47.13% | 46.22% | 36.81% | 41.29% | 46.07% | 50.04% | 41.5% | 41.52% | 47.49% | 47.31% | 41.51% | 43.15% | 46.83% |
| Gross Profit Growth % | 41.19% | 15.68% | 49.88% | 3.4% | -0.18% | 2.1% | -8.16% | 14.58% | -11.45% | -7.07% | 3.52% | -12.72% | 8.45% | -11.26% | -12.7% | -6.84% | 10.27% | 21.64% | 38.56% | 148.14% |
| Operating Expenses | 478M | 431M | 580M | 492M | 435M | 381M | 410M | 443M | 424M | 371M | 399M | 434M | 408M | 383M | 376M | 425M | 404M | 419M | 436M | 479M |
| OpEx % of Revenue | 34.87% | 37.67% | 51.01% | 39.65% | 36.46% | 37.35% | 39.81% | 37.42% | 35.19% | 35.85% | 37.36% | 41.06% | 32.46% | 38.77% | 36.65% | 36.17% | 32.95% | 37.65% | 38.55% | 37.45% |
| Selling, General & Admin | 381M | 338M | 351M | 400M | 341M | 300M | 323M | 354M | 337M | 292M | 313M | 353M | 327M | 303M | 298M | 343M | 323M | 327M | 342M | 385M |
| SG&A % of Revenue | 27.79% | 29.55% | 30.87% | 32.23% | 28.58% | 29.41% | 31.36% | 29.9% | 27.97% | 28.21% | 29.31% | 33.4% | 26.01% | 30.67% | 29.04% | 29.19% | 26.35% | 29.38% | 30.24% | 30.1% |
| Research & Development | 97M | 93M | 89M | 92M | 94M | 81M | 87M | 89M | 87M | 79M | 86M | 81M | 81M | 80M | 78M | 82M | 81M | 92M | 94M | 94M |
| R&D % of Revenue | 7.08% | 8.13% | 7.83% | 7.41% | 7.88% | 7.94% | 8.45% | 7.52% | 7.22% | 7.63% | 8.05% | 7.66% | 6.44% | 8.1% | 7.6% | 6.98% | 6.61% | 8.27% | 8.31% | 7.35% |
| Other Operating Expenses | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 307M | 19M | 27M | 85M | 121M | 8M | -5M | 115M | 133M | 10M | 42M | 53M | 221M | 27M | 50M | 133M | 176M | 43M | 52M | 120M |
| Operating Margin % | 22.39% | 1.66% | 2.37% | 6.85% | 10.14% | 0.78% | -0.49% | 9.71% | 11.04% | 0.97% | 3.93% | 5.01% | 17.58% | 2.73% | 4.87% | 11.32% | 14.36% | 3.86% | 4.6% | 9.38% |
| Operating Income Growth % | 153.72% | 137.5% | 640% | -26.09% | -9.02% | -20% | -111.9% | 116.98% | -39.82% | -62.96% | -16% | -60.15% | 25.57% | -37.21% | -3.85% | 10.83% | 97.75% | 140.19% | 482.35% | 525% |
| EBITDA | 307M | 193M | 203M | 254M | 282M | 172M | 165M | 277M | 299M | 181M | 215M | 230M | 394M | 196M | 217M | 304M | 352M | 217M | 222M | 290M |
| EBITDA Margin % | 22.39% | 16.87% | 17.85% | 20.47% | 23.64% | 16.86% | 16.02% | 23.4% | 24.81% | 17.49% | 20.13% | 21.76% | 31.34% | 19.84% | 21.15% | 25.87% | 28.71% | 19.5% | 19.63% | 22.67% |
| EBITDA Growth % | 8.87% | 12.21% | 23.03% | -8.3% | -5.69% | -4.97% | -23.26% | 20.43% | -24.11% | -7.65% | -0.92% | -24.34% | 11.93% | -9.68% | -2.25% | 4.83% | 20.96% | 88.37% | 87.03% | 189.71% |
| D&A (Non-Cash Add-back) | 0 | 174M | 176M | 169M | 161M | 164M | 170M | 162M | 166M | 171M | 173M | 177M | 173M | 169M | 167M | 171M | 176M | 174M | 170M | 170M |
| EBIT | 307M | -168M | 2M | 95M | 113M | 11M | 644M | 33M | 78M | -60M | -1.02B | 24M | 176M | -23M | 16M | 54M | 130M | -36M | -70M | -169M |
| Net Interest Income | -57M | -80M | -52M | -59M | -53M | -62M | -85M | -65M | -66M | -67M | -72M | -103M | -68M | -65M | -60M | -68M | -55M | -83M | -60M | -67M |
| Interest Income | 0 | 11M | 0 | 11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 57M | 91M | 52M | 70M | 53M | 62M | 85M | 65M | 66M | 67M | 72M | 103M | 68M | 65M | 60M | 68M | 55M | 83M | 60M | 67M |
| Other Income/Expense | -220M | -278M | -77M | -60M | -61M | -59M | 564M | -147M | -121M | -137M | -1.14B | -132M | -113M | -115M | -94M | -147M | -101M | -162M | -182M | -356M |
| Pretax Income | 87M | -259M | -50M | 25M | 60M | -51M | 559M | -32M | 12M | -127M | -1.1B | -79M | 108M | -88M | -44M | -14M | 75M | -119M | -130M | -236M |
| Pretax Margin % | 6.35% | -22.64% | -4.4% | 2.01% | 5.03% | -5% | 54.27% | -2.7% | 1% | -12.27% | -102.72% | -7.47% | 8.59% | -8.91% | -4.29% | -1.19% | 6.12% | -10.69% | -11.49% | -18.45% |
| Income Tax | 30M | 17M | -16M | 14M | -7M | -43M | 195M | 18M | -20M | 14M | -1M | 18M | 5M | -34M | 21M | -4M | 24M | -15M | -26M | -26M |
| Effective Tax Rate % | 34.48% | -6.56% | 32% | 56% | -11.67% | 84.31% | 34.88% | -56.25% | -166.67% | -11.02% | 0.09% | -22.78% | 4.63% | 38.64% | -47.73% | 28.57% | 32% | 12.61% | 20% | 11.02% |
| Net Income | 57M | -276M | -34M | 11M | 67M | -8M | 364M | -50M | 32M | -141M | -1.1B | -97M | 103M | -54M | -65M | -10M | 51M | -104M | -104M | -210M |
| Net Margin % | 4.16% | -24.13% | -2.99% | 0.89% | 5.62% | -0.78% | 35.34% | -4.22% | 2.66% | -13.62% | -102.62% | -9.18% | 8.19% | -5.47% | -6.34% | -0.85% | 4.16% | -9.34% | -9.2% | -16.42% |
| Net Income Growth % | -14.93% | -3350% | -109.34% | 122% | 109.38% | 94.33% | 133.21% | 48.45% | -68.93% | -161.11% | -1586.15% | -870% | 101.96% | 48.08% | 37.5% | 95.24% | 183.61% | 67.78% | 22.96% | -294.74% |
| Net Income (Continuing) | 57M | -276M | -34M | 11M | 67M | -8M | 364M | -50M | 32M | -141M | -1.1B | -97M | 103M | -54M | -65M | -10M | 51M | -104M | -104M | -210M |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.11 | -0.55 | -0.07 | 0.02 | 0.13 | -0.02 | 0.73 | -0.10 | 0.06 | -0.29 | -2.22 | -0.20 | 0.21 | -0.11 | -0.13 | -0.02 | 0.10 | -0.20 | -0.21 | -0.43 |
| EPS Growth % | -15.38% | -3295.06% | -109.59% | 122.2% | 101.55% | 94.41% | 132.88% | 50% | -69.29% | -163.64% | -1567.92% | -875.61% | 110% | 45% | 36.62% | 95.23% | 176.92% | 69.7% | 27.59% | -230.77% |
| EPS (Basic) | 0.11 | -0.56 | -0.07 | 0.02 | 0.14 | -0.02 | 0.74 | -0.10 | 0.06 | -0.29 | -2.22 | -0.20 | 0.21 | -0.11 | -0.13 | -0.02 | 0.10 | -0.20 | -0.21 | -0.43 |
| Diluted Shares Outstanding | 506M | 496.9M | 496.8M | 500.1M | 499.1M | 494.4M | 497.7M | 494.2M | 496M | 492.8M | 492.7M | 492.6M | 492.8M | 488.5M | 488.4M | 488.4M | 492.2M | 487.4M | 487.3M | 487.3M |
| Basic Shares Outstanding | 497.7M | 496.9M | 496.8M | 496.6M | 495.1M | 494.4M | 494.3M | 494.2M | 493.2M | 492.8M | 492.7M | 492.6M | 491.1M | 488.5M | 488.4M | 488.4M | 488M | 487.4M | 487.3M | 487.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |