GILD Gilead Sciences
FY2024 10-K
Gilead Sciences (GILD) filed its fiscal year 2024 10-K annual report with the SEC on Feb 28, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2024 10-K
Business Overview
- • Core biopharmaceutical model focused on innovative medicines for life-threatening diseases including HIV, viral hepatitis, COVID-19, cancer, inflammation
- • Continued emphasis on fixed-dose combination oral HIV therapies like Biktarvy, Genvoya, Descovy, with FDA-approved PrEP indication for Descovy highlighted this year
Management Discussion & Analysis
- • Revenue $28.8B, up 6% YoY from $27.1B, driven by HIV, Oncology, Liver Disease sales; Veklury sales declined
- • Net income $480M, down 92% YoY from $5.7B; impacted by $4.2B IPR&D impairment and $3.8B CymaBay acquisition expenses
Risk Factors
- • FDA regulatory risk from ongoing antitrust probe involving HIV drug price practices by U.S. Federal Trade Commission
- • U.S. market exposure with 70% of total product sales $20.5B concentrated in HIV products, sensitive to U.S. healthcare policy changes
Financial SummaryXBRL
Revenue
$28.8B
Net Income
$480M
Operating Margin
5.8%
Net Margin
1.7%
ROE
2.5%
Total Assets
$59.0B
EPS (Diluted)
$0.38
Operating Cash Flow
$10.8B
Source: XBRL data from Gilead Sciences FY2024 10-K filing on SEC EDGAR. All figures in USD.
Other Gilead Sciences Annual Reports
Get deeper insights on Gilead Sciences
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.