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Nasdaq · Healthcare

GILEAD SCIENCES, INC. (GILD)

As-reported financials and SEC filings for GILEAD SCIENCES, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. 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%
net income / fiscal-year-end equity
P/E
21.5×
trailing when available, otherwise FY EPS
Market cap
$180.60B
Long-term debt / equity
0.98×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and 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 Q2 FY2026: revenue $7.8B, up 10.2% from Q2 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%
35th percentile of 64
ROE37.6%
93rd percentile of 61
P/E21.5×
53rd percentile of 20
Long-term debt / equity0.98×
79th percentile of 20
Short interest3.24d
13th 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 reported insider purchases (code P) in the last 90 days; 26 insider sales totaling $15.3M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) 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; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+7 quant / multi-strat
Initiated / added
7
0 new, 7 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$4.59B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ2 2026$2.99B23.7MReduced
Citadel AdvisorsquantQ2 2026$439.7M3.5MReduced
D. E. ShawquantQ2 2026$289.9M2.3MAdded
Renaissance TechnologiesquantQ2 2026$280.1M2.2MAdded
Millennium ManagementquantQ2 2026$184.3M1.5MAdded
Point72 Asset ManagementquantQ2 2026$181.6M1.4MAdded
AQR Capital ManagementquantQ2 2026$86.9M695.4KReduced
Two Sigma InvestmentsquantQ2 2026$51.7M409.2KAdded
Gotham Asset ManagementQ2 2026$48.2M381.9KAdded
Bridgewater AssociatesQ2 2026$36.7M290.9KAdded

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
code P
Bought (90d)
code P value
Sells (90d)
26
$15.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-01
filed 2026-09-02
O'Day Daniel PatrickChairman & CEOSell8.0K$148.36$1.2M
2026-09-01
filed 2026-09-02
O'Day Daniel PatrickChairman & CEOSell5.4K$149.38$808K
2026-09-01
filed 2026-09-02
O'Day Daniel PatrickChairman & CEOSell1.6K$147.51$236K
2026-08-26
filed 2026-08-27
WELTERS ANTHONYDirectorSell6.9K$148.82$1.0M
2026-08-26
filed 2026-08-27
WELTERS ANTHONYDirectorSell4.6K$148.82$685K
2026-08-26
filed 2026-08-27
WELTERS ANTHONYDirectorSell3.4K$148.24$504K
2026-08-26
filed 2026-08-27
WELTERS ANTHONYDirectorSell3.1K$148.31$462K
2026-08-20
filed 2026-08-21
Bluestone JeffreyDirectorSell1.8K$144.92$263K
2026-08-20
filed 2026-08-21
Bluestone JeffreyDirectorSell1.7K$145.73$242K
2026-08-20
filed 2026-08-21
Bluestone JeffreyDirectorSell1.2K$143.75$167K
2026-08-20
filed 2026-08-21
Bluestone JeffreyDirectorSell335$146.26$49K
2026-08-20
filed 2026-08-21
Bluestone JeffreyDirectorSell26$146.36$4K

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
23.2M
settled 2026-08-14
Change vs prior
-4.9%
vs previous settlement
Days to cover
3.24
at avg daily volume
Avg daily volume
7.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1423.2M-4.9%3.24
2026-07-3124.4M-3.5%3.86
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

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 details: where the numbers come from.

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 details: where the numbers come from.

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 details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$7.80B10.2%$-10.50B$-8.45
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

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

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryBiological Products, (No Diagnostic Substances)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2018
SEC CIK882095

Selected SEC filings

10-K2026-02-24
View on EDGAR →
10-K2025-02-28
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
10-Q2025-11-07
View on EDGAR →
10-Q2025-08-07
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-05-20
View on EDGAR →

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