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ELI LILLY & Co

For the period ended Mar 31, 2025. Filed May 1, 2025.

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About this filing

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, 2025 · Filed May 1, 2025

LLY$1,432.29+1.4%Stored close · as of Nov 10, 2026

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Consolidated Condensed Statements of Operations

(Dollars and shares in millions, except per-share data)

Three Months Ended March 31,
20252024
Revenue (Note 2)$12,728.5$8,768.0
Costs, expenses, and other:
Cost of sales2,224.21,673.5
Research and development2,733.72,522.8
Marketing, selling, and administrative2,468.81,952.2
Acquired in-process research and development (Note 3)1,571.7110.5
Asset impairment, restructuring, and other special charges35.0—
Other–net, (income) expense (Note 11)239.0(27.1)
9,272.46,231.9
Income before income taxes3,456.12,536.1
Income taxes (Note 7)696.8293.2
Net income$2,759.3$2,242.9
Earnings per share:
Basic$3.07$2.49
Diluted$3.06$2.48
Shares used in calculation of earnings per share:
Basic898.7900.8
Diluted900.6903.8
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.