ELI LILLY & Co
For the period ended Mar 31, 2024. Filed Apr 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 30, 2024
LLY$1,432.29+1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Operations
(Dollars and shares in millions, except per-share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue (Note 2) | $8,768.0 | $6,960.0 |
| Costs, expenses, and other: | ||
| Cost of sales | 1,673.5 | 1,626.7 |
| Research and development | 2,522.8 | 1,985.1 |
| Marketing, selling, and administrative | 1,952.2 | 1,749.2 |
| Acquired in-process research and development (Note 3) | 110.5 | 105.0 |
| Other–net, (income) expense (Note 11) | (27.1) | (35.7) |
| 6,231.9 | 5,430.3 | |
| Income before income taxes | 2,536.1 | 1,529.7 |
| Income taxes (Note 7) | 293.2 | 184.8 |
| Net income | $2,242.9 | $1,344.9 |
| Earnings per share: | ||
| Basic | $2.49 | $1.49 |
| Diluted | $2.48 | $1.49 |
| Shares used in calculation of earnings per share: | ||
| Basic | 900.8 | 901.0 |
| Diluted | 903.8 | 903.3 |
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