BRISTOL MYERS SQUIBB CO
For the period ended Dec 31, 2025. Filed Feb 11, 2026.
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FY2025 · Filed Feb 11, 2026
BMY$62.80+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings and Comprehensive Income/(Loss)
CONSOLIDATED STATEMENTS OF EARNINGS
Dollars in millions, except per share data
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net product sales | $46,756 | $46,778 | $43,778 |
| Alliance and other revenues | 1,438 | 1,522 | 1,228 |
| Total Revenues | 48,194 | 48,300 | 45,006 |
| Cost of products sold(a) | 13,936 | 13,968 | 10,693 |
| Selling, general and administrative | 7,267 | 8,414 | 7,772 |
| Research and development | 9,951 | 11,159 | 9,299 |
| Acquired IPRD | 3,721 | 13,373 | 913 |
| Amortization of acquired intangible assets | 3,317 | 8,872 | 9,047 |
| Other (income)/expense, net | 674 | 893 | (1,158) |
| Total Expenses | 38,866 | 56,679 | 36,566 |
| Earnings/(Loss) before income taxes | 9,328 | (8,379) | 8,440 |
| Income tax provision | 2,272 | 554 | 400 |
| Net earnings/(loss) | 7,055 | (8,933) | 8,040 |
| Noncontrolling Interest | 2 | 15 | 15 |
| Net earnings/(loss) attributable to BMS | $7,054 | $(8,948) | $8,025 |
| Earnings/(Loss) per common share: | |||
| Basic | $3.47 | $(4.41) | $3.88 |
| Diluted | 3.46 | (4.41) | 3.86 |
(a)Excludes amortization of acquired intangible assets.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)
Dollars in millions
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net earnings/(loss) | $7,055 | $(8,933) | $8,040 |
| Other comprehensive income/(loss), net of taxes and reclassifications to earnings: | |||
| Derivatives qualifying as cash flow hedges | (340) | 374 | (230) |
| Pension and postretirement benefits | 82 | 90 | (115) |
| Marketable debt securities | 1 | — | 2 |
| Foreign currency translation | (29) | (156) | 78 |
| Total other comprehensive income/(loss) | (286) | 308 | (265) |
| Comprehensive income/(loss) | 6,769 | (8,625) | 7,775 |
| Comprehensive income/(loss) attributable to noncontrolling interest | 2 | 15 | 15 |
| Comprehensive income/(loss) attributable to BMS | $6,767 | $(8,640) | $7,760 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.