BRISTOL-MYERS SQUIBB COMPANY (BMY) FY2024 Q3 P&L / Income Statement

BRISTOL-MYERS SQUIBB COMPANY (BMY) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Product and service (Reconciliation of Gross Product Sales to Net Product Sales). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total Revenues

11,892,000,000 US dollars

Cost of products sold

2,957,000,000 US dollars

Gross profit (calculated)

8,935,000,000 US dollars

Operating expenses (calculated)

7,259,000,000 US dollars

Operating profit (calculated)

1,676,000,000 US dollars

Other income (expense), net (calculated)

0 US dollars

Earnings/(loss) before income taxes

1,676,000,000 US dollars

Income tax provision

461,000,000 US dollars

Net earnings/(loss)

1,215,000,000 US dollars

Gross product sales

21,223,000,000 US dollars

Net product sales

11,483,000,000 US dollars

Marketing, selling and administrative

1,983,000,000 US dollars

Research and development

2,374,000,000 US dollars

Acquired IPRD

262,000,000 US dollars

Amortization of acquired intangible assets

2,406,000,000 US dollars

Other (income)/expense, net

234,000,000 US dollars

Revenue before reconciliation (calculated)

32,706,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Components above reported revenue (calculated)

negative 20,814,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.