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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 7,082 $ 6,954 $ 13,749 $ 13,640
Costs and expenses:        
Cost of goods sold 1,501 1,544 3,041 3,096
Research and development expenses 1,491 1,351 2,870 2,871
Acquired in-process research and development expenses 61 38 315 4,169
In-process research and development impairments 190 0 190 2,430
Selling, general and administrative expenses 1,365 1,377 2,623 2,752
Total costs and expenses 4,608 4,309 9,038 15,317
Operating income (loss) 2,474 2,644 4,711 (1,678)
Interest expense 254 237 513 491
Other (income) expense, net (208) 355 120 265
Income (loss) before income taxes 2,429 2,053 4,077 (2,433)
Income tax expense 468 438 802 123
Net income (loss) 1,960 1,614 3,275 (2,556)
Net income attributable to noncontrolling interest 0 0 0 0
Net income (loss) attributable to Gilead $ 1,960 $ 1,614 $ 3,275 $ (2,556)
Basic earnings (loss) per share attributable to Gilead (in dollars per share) $ 1.57 $ 1.29 $ 2.63 $ (2.05)
Diluted earnings (loss) per share attributable to Gilead (in dollars per share) $ 1.56 $ 1.29 $ 2.61 $ (2.05)
Shares used in basic earnings (loss) per share attributable to Gilead calculation (in shares) 1,245 1,247 1,246 1,247
Shares used in diluted earnings (loss) per share attributable to Gilead calculation (in shares) 1,255 1,251 1,257 1,247
Product sales        
Revenues:        
Total revenues $ 7,054 $ 6,912 $ 13,668 $ 13,559
Royalty, contract and other revenues        
Revenues:        
Total revenues $ 27 $ 41 $ 81 $ 81