Gilead Sciences, Inc.
As of Fiscal Year 2025 (ended December 31, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total revenue (FY2025) | $29.44 billion, up 2% year-over-year |
| Total product sales (FY2025) | $28.92 billion, up 1% year-over-year (up 4% excluding Veklury) |
| HIV franchise revenue (FY2025) | $20.75 billion, up 6% year-over-year -- Biktarvy $14.33 billion (+7%), Descovy $2.76 billion (+31%) |
| GAAP net income (FY2025) | $8.51 billion, GAAP diluted EPS of $6.78 (vs. $480 million and $0.38 in FY2024) |
| Non-GAAP net income (FY2025) | $10.23 billion, non-GAAP diluted EPS of $8.15 |
| R&D expense (FY2025) | $5.80 billion, roughly flat vs. $5.91 billion in FY2024 |
| GAAP operating income (FY2025) | $10.02 billion, 34.0% GAAP operating margin |
| HIV treatment / PrEP market share | Biktarvy holds more than 52% of the U.S. HIV treatment market; Descovy holds a record U.S. PrEP market share of more than 45% (Gilead company disclosure, Q4 2025 earnings call) |
| Employees (as of December 31, 2025) | Approximately 17,000, down from approximately 17,600 at year-end 2024 (FY2025 Form 10-K) |
Sources: Figures are from Gilead Sciences' Q4/Full-Year 2025 earnings release (reported February 10, 2026, filed as an SEC 8-K exhibit) and the FY2025 Form 10-K. Gilead reports product sales by franchise (HIV, Liver Disease, Oncology, Other) plus Veklury (COVID-19 antiviral) separately, and non-product 'Royalty, contract and other revenues'; these six lines sum to $29,442M against a reported total of $29,443M (a $1M rounding difference), noted in the pie subtitle. Gilead does not disclose operating income or margin by franchise/segment -- it operates and reports profitability as a single reportable segment -- so no operating-income pie is included; company-wide GAAP operating income and margin appear in the KPI table instead. The HIV/PrEP market-share figures are Gilead's own company-disclosed estimates (not an independent third party), given on the Q4 2025 earnings call by Chief Commercial Officer Johanna Mercier, and are presented as such.