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GILEAD SCIENCES, INC. (GILD)

As-reported financials and recent SEC filings for GILEAD SCIENCES, INC., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About GILEAD SCIENCES, INC.

Gilead Sciences, Inc. is a biopharmaceutical company that develops and markets medicines to treat life-threatening diseases such as HIV, viral hepatitis, COVID-19, and cancer. Its product portfolio includes oral antiretroviral therapies for HIV, treatments for liver diseases like hepatitis B and C, oncology therapies including CAR T-cell treatments, and antifungal and antiviral drugs. The company serves healthcare providers and patients worldwide through its commercial operations in over 35 countries.

Snapshot

Revenue
$29.44B
Revenue growth (YoY)
2.4%
Net income
$8.51B
Diluted EPS
$6.78
Gross margin
78.8%
Operating margin
34.0%
Net margin
28.9%
FCF margin
32.1%
ROE
37.6%
P/E (TTM)
17.8×
Market cap
$162.05B
Debt / equity
1.0×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Gilead Sciences

  • Revenue grew 2.4% to $29.4B in FY2025, slower than the 6.0% the year before.
  • Operating margin is 34.0% in FY2025, -2.3 pp against 36.3% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $7.0B, up 4.4% from Q1 FY2025.
  • Free cash flow was $9.5B in FY2025, 32.1% of revenue.
  • Net income rose more than tenfold to $8.5B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Gilead Sciences’s fundamentals sit among the 71 biotech companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin78.8%
85th percentile of 14
Operating margin34.0%
80th percentile of 31
Net margin28.9%
81st percentile of 32
FCF margin32.1%
81st percentile of 28
Revenue growth (YoY)+2.4%
33rd percentile of 64
ROE37.6%
93rd percentile of 61
P/E (TTM)17.8×
45th percentile of 21
Debt / equity0.98×
78th percentile of 19
Short interest3.67d
26th percentile of 71

Gilead Sciences’s return on equity of 37.6% ranks in the 93rd percentile of the 61 biotech companies reporting it. Gilead Sciences’s gross margin of 78.8% ranks in the 85th percentile of the 14 biotech companies reporting it.

No open-market insider buys in the last 90 days; 16 insider sales totaling $9.5M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+7 quant / multi-strat
Initiated / added
6
2 new, 4 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$4.67B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ1 2026$3.38B24.3MReduced
Citadel AdvisorsquantQ1 2026$555.0M4.0MAdded
Renaissance TechnologiesquantQ1 2026$300.0M2.2MReduced
Millennium ManagementquantQ1 2026$164.6M1.2MAdded
AQR Capital ManagementquantQ1 2026$162.1M1.2MReduced
Gotham Asset ManagementQ1 2026$52.4M375.8KAdded
D. E. ShawquantQ1 2026$28.0M200.9KAdded
Bridgewater AssociatesQ1 2026$25.2M180.7KReduced
Two Sigma InvestmentsquantQ1 2026$1.9M13.5KNew
Point72 Asset ManagementquantQ1 2026$1.2M8.8KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
16
$9.5M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-15
filed 2026-07-16
Dickinson Andrew DChief Financial OfficerSell3.0K$129.93$390K
2026-07-15
filed 2026-07-16
Mercier JohannaChief Comm & Corp Aff OfficerSell3.0K$129.92$390K
2026-07-01
filed 2026-07-02
O'Day Daniel PatrickChairman & CEOSell11.9K$126.09$1.5M
2026-07-01
filed 2026-07-02
O'Day Daniel PatrickChairman & CEOSell3.1K$127.08$394K
2026-06-15
filed 2026-06-16
Dickinson Andrew DChief Financial OfficerSell3.0K$125.40$376K
2026-06-15
filed 2026-06-16
Mercier JohannaChief Comm & Corp Aff OfficerSell1.5K$123.42$183K
2026-06-15
filed 2026-06-16
Mercier JohannaChief Comm & Corp Aff OfficerSell1.1K$124.00$133K
2026-06-15
filed 2026-06-16
Mercier JohannaChief Comm & Corp Aff OfficerSell450$125.40$56K
2026-06-01
filed 2026-06-02
O'Day Daniel PatrickChairman & CEOSell10.9K$131.10$1.4M
2026-06-01
filed 2026-06-02
O'Day Daniel PatrickChairman & CEOSell3.1K$132.22$405K
2026-06-01
filed 2026-06-02
O'Day Daniel PatrickChairman & CEOSell1.0K$132.97$138K
2026-05-15
filed 2026-05-18
Mercier JohannaChief Comm & Corp Aff OfficerSell11.2K$131.19$1.5M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
25.3M
settled 2026-07-15
Change vs prior
-0.9%
vs previous settlement
Days to cover
3.67
at avg daily volume
Avg daily volume
6.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1525.3M-0.9%3.67
2026-06-3025.5M+6.8%2.66
2026-06-1523.9M-7.2%2.69
2026-05-2925.7M+11.2%3.82
2026-05-1523.1M+0.4%3.56
2026-04-3023.1M+1.3%4.06
2026-04-1522.8M+5.7%4.74
2026-03-3121.5M+7.7%3.23

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$29.44B$28.75B$27.12B$27.28B$27.30B
Gross profit$23.21B$22.50B$20.62B$21.62B$20.70B
Operating income$10.02B$1.66B$7.61B$7.33B$9.92B
Net income$8.51B$480.0M$5.67B$4.59B$6.22B
Diluted EPS$6.78$0.38$4.50$3.64$4.93

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$7.56B$9.99B$6.08B$5.41B$5.34B
Current assets$18.34B$19.17B$16.09B$14.44B$14.77B
Total assets$59.02B$58.99B$62.13B$63.17B$67.95B
Current liabilities$11.81B$12.00B$11.28B$11.24B$11.61B
Long-term debt$22.13B$24.90B$23.19B$22.96B$25.18B
Total liabilities$36.41B$39.75B$39.38B$41.96B$46.89B
Total equity$22.62B$19.25B$22.75B$21.21B$21.06B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$10.02B$10.83B$8.01B$9.07B$11.38B
Capital expenditure$563.0M$523.0M$585.0M$728.0M$579.0M
Free cash flow$9.46B$10.30B$7.42B$8.34B$10.80B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$6.96B4.4%$2.02B$1.61
Q4 FY2025$7.92B4.7%$2.18B$1.74
Q3 FY2025$7.77B3.0%$3.05B$2.43
Q2 FY2025$7.08B1.8%$1.96B$1.56
Q1 FY2025$6.67B-0.3%$1.31B$1.04
Q4 FY2024$7.57B6.4%$1.78B$1.39
Q3 FY2024$7.54B7.0%$1.25B$1.00
Q2 FY2024$6.95B5.4%$1.61B$1.29

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryBiological Products, (No Diagnostic Substances)
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2018
SEC CIK882095

Recent SEC filings

10-K2026-02-24
View on EDGAR →
10-K2025-02-28
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
10-Q2025-11-07
View on EDGAR →
10-Q2025-08-07
View on EDGAR →
10-Q2025-05-07
View on EDGAR →
8-K2026-05-20
View on EDGAR →
8-K2026-05-07
View on EDGAR →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.