Galapagos NV
AEX:GLPG
Income Statement
Earnings Waterfall
Galapagos NV
Income Statement
Galapagos NV
| Dec-2005 | Mar-2015 | Jun-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
12
|
2
|
4
|
6
|
7
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
|
| Revenue |
11
N/A
|
20
+79%
|
37
+85%
|
32
-14%
|
49
+54%
|
65
+33%
|
152
+133%
|
177
+17%
|
176
0%
|
193
+10%
|
156
-19%
|
161
+3%
|
185
+15%
|
255
+38%
|
318
+25%
|
314
-1%
|
324
+3%
|
865
+167%
|
886
+2%
|
948
+7%
|
994
+5%
|
490
-51%
|
530
+8%
|
539
+2%
|
579
+7%
|
516
-11%
|
539
+4%
|
558
+4%
|
553
-1%
|
624
+13%
|
277
-56%
|
595
+115%
|
613
+3%
|
601
-2%
|
240
-60%
|
661
+176%
|
580
-12%
|
504
-13%
|
276
-45%
|
295
+7%
|
276
-7%
|
287
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(4)
|
(7)
|
(9)
|
(12)
|
(13)
|
(14)
|
(18)
|
0
|
(13)
|
(25)
|
(19)
|
(35)
|
(46)
|
(34)
|
(45)
|
|
| Gross Profit |
9
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
76
N/A
|
537
+602%
|
401
-25%
|
546
+36%
|
615
+13%
|
540
-12%
|
583
+8%
|
599
+3%
|
584
-3%
|
0
N/A
|
361
N/A
|
268
-26%
|
198
-26%
|
241
+22%
|
249
+4%
|
241
-3%
|
242
+0%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(15)
|
(35)
|
(73)
|
(69)
|
(73)
|
(114)
|
(163)
|
(182)
|
(196)
|
(219)
|
(246)
|
(272)
|
(308)
|
(335)
|
(363)
|
(380)
|
(401)
|
(463)
|
(517)
|
(573)
|
(663)
|
(682)
|
(709)
|
(727)
|
(725)
|
(707)
|
(703)
|
(690)
|
(685)
|
(713)
|
(370)
|
(807)
|
(758)
|
(735)
|
(306)
|
(810)
|
(745)
|
(698)
|
(394)
|
(563)
|
(574)
|
(562)
|
|
| Selling, General & Administrative |
(8)
|
(4)
|
(9)
|
(10)
|
(11)
|
(17)
|
(17)
|
(25)
|
(26)
|
(27)
|
(21)
|
(28)
|
(30)
|
(34)
|
(30)
|
(44)
|
(52)
|
(74)
|
(70)
|
(120)
|
(157)
|
(168)
|
(127)
|
(195)
|
(201)
|
(203)
|
(156)
|
(218)
|
(214)
|
(224)
|
(103)
|
(246)
|
(252)
|
(257)
|
(94)
|
(249)
|
(219)
|
(187)
|
(97)
|
(147)
|
(144)
|
(150)
|
|
| Research & Development |
(7)
|
(32)
|
(63)
|
(60)
|
(62)
|
(97)
|
(140)
|
(157)
|
(170)
|
(192)
|
(219)
|
(243)
|
(277)
|
(301)
|
(323)
|
(336)
|
(349)
|
(389)
|
(396)
|
(452)
|
(505)
|
(514)
|
(498)
|
(407)
|
(398)
|
(378)
|
(456)
|
(453)
|
(431)
|
(428)
|
(179)
|
(453)
|
(446)
|
(439)
|
(184)
|
(464)
|
(429)
|
(422)
|
(246)
|
(447)
|
(468)
|
(449)
|
|
| Depreciation & Amortization |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(35)
|
(6)
|
(11)
|
(17)
|
(60)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(66)
|
(126)
|
(126)
|
(126)
|
(55)
|
(14)
|
(28)
|
(43)
|
(27)
|
(107)
|
(60)
|
(39)
|
11
|
(97)
|
(97)
|
(89)
|
(2)
|
31
|
39
|
37
|
|
| Operating Income |
(6)
N/A
|
(15)
-139%
|
(36)
-133%
|
(38)
-6%
|
(24)
+35%
|
(49)
-99%
|
(11)
+76%
|
(5)
+54%
|
(20)
-277%
|
(26)
-28%
|
(90)
-252%
|
(111)
-23%
|
(123)
-11%
|
(81)
+34%
|
(45)
+45%
|
(66)
-47%
|
(77)
-16%
|
402
N/A
|
369
-8%
|
376
+2%
|
332
-12%
|
(192)
N/A
|
(179)
+7%
|
(188)
-5%
|
(146)
+22%
|
(191)
-31%
|
(166)
+13%
|
(136)
+18%
|
(139)
-2%
|
(98)
+29%
|
(104)
-6%
|
(224)
-115%
|
(159)
+29%
|
(151)
+5%
|
(66)
+56%
|
(162)
-146%
|
(190)
-17%
|
(214)
-13%
|
(153)
+28%
|
(314)
-105%
|
(333)
-6%
|
(320)
+4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
(0)
|
53
|
57
|
57
|
66
|
10
|
(7)
|
(14)
|
(25)
|
(29)
|
(3)
|
6
|
16
|
25
|
11
|
(138)
|
(213)
|
(231)
|
(256)
|
(159)
|
(116)
|
(87)
|
(77)
|
(14)
|
53
|
16
|
94
|
143
|
63
|
52
|
22
|
15
|
94
|
235
|
248
|
197
|
184
|
132
|
42
|
62
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(27)
|
(27)
|
(27)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
(205)
|
|
| Total Other Income |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(0)
|
(7)
|
(0)
|
(0)
|
0
|
(16)
|
0
|
0
|
(0)
|
(10)
|
(2)
|
(4)
|
(7)
|
(3)
|
(8)
|
(7)
|
(4)
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(7)
N/A
|
(16)
-134%
|
(36)
-127%
|
16
N/A
|
32
+102%
|
8
-75%
|
54
+562%
|
5
-91%
|
(27)
N/A
|
(40)
-46%
|
(116)
-192%
|
(139)
-20%
|
(125)
+10%
|
(74)
+41%
|
(29)
+61%
|
(41)
-39%
|
(66)
-63%
|
264
N/A
|
149
-44%
|
145
-2%
|
76
-48%
|
(351)
N/A
|
(310)
+12%
|
(275)
+11%
|
(223)
+19%
|
(205)
+8%
|
(123)
+40%
|
(122)
+1%
|
(75)
+38%
|
12
N/A
|
(71)
N/A
|
(180)
-154%
|
(143)
+20%
|
(140)
+2%
|
6
N/A
|
73
+1 193%
|
58
-20%
|
(16)
N/A
|
(3)
+81%
|
(182)
-5 808%
|
(291)
-60%
|
(463)
-59%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
2
|
2
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
16
|
0
|
(0)
|
(0)
|
(17)
|
(1)
|
(1)
|
0
|
0
|
(2)
|
(4)
|
(5)
|
(6)
|
(1)
|
(1)
|
(14)
|
(13)
|
(10)
|
(22)
|
(8)
|
(8)
|
2
|
3
|
2
|
19
|
|
| Income from Continuing Operations |
(7)
|
(14)
|
(34)
|
16
|
32
|
8
|
54
|
4
|
(28)
|
(40)
|
(116)
|
(139)
|
(126)
|
(74)
|
(29)
|
(41)
|
(66)
|
280
|
149
|
145
|
75
|
(368)
|
(311)
|
(276)
|
(223)
|
(205)
|
(125)
|
(126)
|
(81)
|
6
|
(71)
|
(181)
|
(157)
|
(153)
|
(4)
|
50
|
50
|
(25)
|
(1)
|
(180)
|
(289)
|
(444)
|
|
| Net Income (Common) |
(7)
N/A
|
(14)
-118%
|
(34)
-141%
|
16
N/A
|
32
+102%
|
8
-75%
|
54
+567%
|
4
-92%
|
(28)
N/A
|
(40)
-45%
|
(116)
-190%
|
(139)
-20%
|
(126)
+10%
|
(74)
+41%
|
(29)
+60%
|
(41)
-39%
|
(66)
-63%
|
280
N/A
|
150
-47%
|
148
-1%
|
80
-46%
|
(363)
N/A
|
(305)
+16%
|
(245)
+20%
|
(195)
+21%
|
(177)
+9%
|
(103)
+42%
|
(126)
-22%
|
(81)
+36%
|
6
N/A
|
(218)
N/A
|
(181)
+17%
|
(157)
+13%
|
(153)
+3%
|
212
N/A
|
333
+57%
|
337
+1%
|
261
-23%
|
74
-72%
|
(169)
N/A
|
(284)
-68%
|
(436)
-54%
|
|
| EPS (Diluted) |
-0.73
N/A
|
-0.47
+36%
|
-0.97
-106%
|
0.35
N/A
|
0.71
+103%
|
0.19
-73%
|
1.14
+500%
|
0.09
-92%
|
-0.57
N/A
|
-0.77
-35%
|
-2.34
-204%
|
-2.73
-17%
|
-2.46
+10%
|
-1.36
+45%
|
-0.56
+59%
|
-0.74
-32%
|
-1.2
-62%
|
4.52
N/A
|
2.47
-45%
|
2.28
-8%
|
1.22
-46%
|
-5.58
N/A
|
-4.69
+16%
|
-3.74
+20%
|
-2.97
+21%
|
-2.7
+9%
|
-1.57
+42%
|
-1.91
-22%
|
-1.22
+36%
|
0.08
N/A
|
-3.31
N/A
|
-2.73
+18%
|
-2.4
+12%
|
-2.3
+4%
|
3.21
N/A
|
5.05
+57%
|
5.14
+2%
|
3.95
-23%
|
1.12
-72%
|
-2.57
N/A
|
-4.3
-67%
|
-6.63
-54%
|
|