Viatris Inc
NASDAQ:VTRS
Income Statement
Earnings Waterfall
Viatris Inc
Revenue
|
15.4B
USD
|
Cost of Revenue
|
-8.7B
USD
|
Gross Profit
|
6.7B
USD
|
Operating Expenses
|
-5.1B
USD
|
Operating Income
|
1.6B
USD
|
Other Expenses
|
-1.5B
USD
|
Net Income
|
54.7m
USD
|
Income Statement
Viatris Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
6 909
N/A
|
6 993
+1%
|
7 129
+2%
|
7 445
+4%
|
7 720
+4%
|
7 876
+2%
|
8 410
+7%
|
9 021
+7%
|
9 429
+5%
|
9 749
+3%
|
9 938
+2%
|
10 300
+4%
|
11 077
+8%
|
11 605
+5%
|
12 007
+3%
|
11 937
-1%
|
11 908
0%
|
11 873
0%
|
11 719
-1%
|
11 594
-1%
|
11 434
-1%
|
11 245
-2%
|
11 288
+0%
|
11 387
+1%
|
11 501
+1%
|
11 624
+1%
|
11 504
-1%
|
11 514
+0%
|
11 946
+4%
|
13 757
+15%
|
15 604
+13%
|
17 168
+10%
|
17 886
+4%
|
17 648
-1%
|
17 187
-3%
|
16 728
-3%
|
16 263
-3%
|
15 800
-3%
|
15 602
-1%
|
15 466
-1%
|
15 427
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 820)
|
(3 860)
|
(3 926)
|
(4 036)
|
(4 050)
|
(4 200)
|
(4 512)
|
(4 802)
|
(5 047)
|
(5 308)
|
(5 343)
|
(5 736)
|
(6 185)
|
(6 612)
|
(6 951)
|
(6 983)
|
(6 932)
|
(6 978)
|
(6 972)
|
(6 885)
|
(6 862)
|
(6 767)
|
(6 788)
|
(6 903)
|
(6 949)
|
(6 979)
|
(6 861)
|
(6 769)
|
(7 404)
|
(8 776)
|
(10 246)
|
(11 268)
|
(11 326)
|
(10 721)
|
(10 001)
|
(9 503)
|
(9 230)
|
(8 973)
|
(8 819)
|
(8 794)
|
(8 695)
|
|
Gross Profit |
3 090
N/A
|
3 133
+1%
|
3 203
+2%
|
3 409
+6%
|
3 669
+8%
|
3 675
+0%
|
3 898
+6%
|
4 219
+8%
|
4 382
+4%
|
4 441
+1%
|
4 595
+3%
|
4 564
-1%
|
4 892
+7%
|
4 993
+2%
|
5 056
+1%
|
4 954
-2%
|
4 976
+0%
|
4 895
-2%
|
4 747
-3%
|
4 709
-1%
|
4 572
-3%
|
4 478
-2%
|
4 501
+1%
|
4 485
0%
|
4 552
+2%
|
4 645
+2%
|
4 643
0%
|
4 745
+2%
|
4 542
-4%
|
4 982
+10%
|
5 358
+8%
|
5 900
+10%
|
6 560
+11%
|
6 927
+6%
|
7 186
+4%
|
7 226
+1%
|
7 033
-3%
|
6 828
-3%
|
6 783
-1%
|
6 672
-2%
|
6 732
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 747)
|
(1 812)
|
(1 898)
|
(1 897)
|
(1 972)
|
(2 012)
|
(2 178)
|
(2 357)
|
(2 445)
|
(2 571)
|
(2 628)
|
(2 774)
|
(2 939)
|
(2 996)
|
(3 035)
|
(3 014)
|
(3 017)
|
(2 996)
|
(2 940)
|
(2 866)
|
(2 843)
|
(2 843)
|
(2 903)
|
(2 937)
|
(2 936)
|
(2 909)
|
(2 830)
|
(2 809)
|
(3 079)
|
(3 514)
|
(3 954)
|
(4 389)
|
(4 548)
|
(4 381)
|
(4 257)
|
(4 190)
|
(4 266)
|
(4 370)
|
(4 532)
|
(4 605)
|
(5 135)
|
|
Selling, General & Administrative |
(1 288)
|
(1 338)
|
(1 396)
|
(1 433)
|
(1 488)
|
(1 493)
|
(1 630)
|
(1 712)
|
(1 793)
|
(1 883)
|
(1 940)
|
(2 084)
|
(2 241)
|
(2 334)
|
(2 372)
|
(2 361)
|
(2 360)
|
(2 336)
|
(2 307)
|
(2 259)
|
(2 274)
|
(2 288)
|
(2 372)
|
(2 419)
|
(2 417)
|
(2 418)
|
(2 343)
|
(2 324)
|
(2 571)
|
(2 956)
|
(3 368)
|
(3 775)
|
(3 894)
|
(3 747)
|
(3 605)
|
(3 516)
|
(3 606)
|
(3 671)
|
(3 787)
|
(3 824)
|
(4 333)
|
|
Research & Development |
(456)
|
(470)
|
(499)
|
(544)
|
(564)
|
(599)
|
(628)
|
(645)
|
(652)
|
(687)
|
(688)
|
(691)
|
(698)
|
(661)
|
(664)
|
(653)
|
(657)
|
(660)
|
(633)
|
(607)
|
(569)
|
(555)
|
(531)
|
(518)
|
(519)
|
(492)
|
(487)
|
(485)
|
(508)
|
(558)
|
(586)
|
(613)
|
(655)
|
(634)
|
(652)
|
(674)
|
(660)
|
(699)
|
(745)
|
(781)
|
(802)
|
|
Other Operating Expenses |
(3)
|
(3)
|
(3)
|
80
|
80
|
80
|
80
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
1 342
N/A
|
1 322
-2%
|
1 305
-1%
|
1 513
+16%
|
1 698
+12%
|
1 663
-2%
|
1 720
+3%
|
1 862
+8%
|
1 938
+4%
|
1 871
-3%
|
1 968
+5%
|
1 789
-9%
|
1 953
+9%
|
1 998
+2%
|
2 021
+1%
|
1 940
-4%
|
1 958
+1%
|
1 899
-3%
|
1 807
-5%
|
1 843
+2%
|
1 729
-6%
|
1 635
-5%
|
1 598
-2%
|
1 548
-3%
|
1 616
+4%
|
1 736
+7%
|
1 812
+4%
|
1 937
+7%
|
1 463
-24%
|
1 468
+0%
|
1 404
-4%
|
1 512
+8%
|
2 012
+33%
|
2 546
+27%
|
2 930
+15%
|
3 036
+4%
|
2 767
-9%
|
2 458
-11%
|
2 251
-8%
|
2 067
-8%
|
1 598
-23%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(250)
|
(224)
|
(231)
|
(313)
|
(344)
|
(345)
|
(354)
|
(289)
|
(324)
|
(331)
|
(374)
|
(465)
|
(496)
|
(558)
|
(592)
|
(611)
|
(494)
|
(446)
|
(474)
|
(478)
|
(566)
|
(621)
|
(614)
|
(562)
|
(587)
|
(559)
|
(527)
|
(515)
|
(548)
|
(584)
|
(622)
|
(676)
|
(700)
|
(642)
|
(613)
|
(601)
|
(592)
|
(593)
|
(591)
|
(579)
|
(573)
|
|
Non-Reccuring Items |
(182)
|
(139)
|
(202)
|
(282)
|
(334)
|
(409)
|
(416)
|
(447)
|
(484)
|
(466)
|
(570)
|
(1 186)
|
(1 409)
|
(1 336)
|
(1 153)
|
(562)
|
(535)
|
(559)
|
(769)
|
(787)
|
(849)
|
(869)
|
(908)
|
(872)
|
(911)
|
(871)
|
(925)
|
(1 021)
|
(1 691)
|
(2 146)
|
(2 248)
|
(2 352)
|
(2 054)
|
(1 616)
|
(1 403)
|
(1 311)
|
(1 156)
|
(1 175)
|
(1 213)
|
(1 157)
|
(856)
|
|
Total Other Income |
(164)
|
(199)
|
(194)
|
(22)
|
(45)
|
(26)
|
(23)
|
(157)
|
(215)
|
(201)
|
(128)
|
(23)
|
74
|
71
|
21
|
34
|
(26)
|
(52)
|
(28)
|
(29)
|
(16)
|
28
|
27
|
(18)
|
37
|
(6)
|
11
|
27
|
55
|
69
|
34
|
43
|
78
|
17
|
(0)
|
16
|
1 795
|
1 918
|
2 105
|
2 196
|
34
|
|
Pre-Tax Income |
747
N/A
|
760
+2%
|
678
-11%
|
895
+32%
|
975
+9%
|
884
-9%
|
927
+5%
|
970
+5%
|
915
-6%
|
873
-5%
|
896
+3%
|
115
-87%
|
122
+6%
|
174
+43%
|
296
+70%
|
801
+171%
|
903
+13%
|
842
-7%
|
536
-36%
|
549
+2%
|
298
-46%
|
173
-42%
|
103
-41%
|
96
-6%
|
154
+60%
|
300
+95%
|
372
+24%
|
428
+15%
|
(721)
N/A
|
(1 193)
-65%
|
(1 432)
-20%
|
(1 474)
-3%
|
(664)
+55%
|
304
N/A
|
913
+200%
|
1 140
+25%
|
2 813
+147%
|
2 608
-7%
|
2 552
-2%
|
2 527
-1%
|
203
-92%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(121)
|
(124)
|
(94)
|
28
|
(41)
|
(11)
|
(13)
|
(126)
|
(68)
|
(68)
|
(90)
|
142
|
358
|
358
|
365
|
68
|
(78)
|
3
|
50
|
104
|
40
|
53
|
(83)
|
(42)
|
(138)
|
(237)
|
(101)
|
(161)
|
51
|
(535)
|
(615)
|
(447)
|
(605)
|
(137)
|
(152)
|
(337)
|
(735)
|
(704)
|
(698)
|
(695)
|
(148)
|
|
Income from Continuing Operations |
626
|
636
|
584
|
924
|
933
|
873
|
914
|
844
|
848
|
805
|
806
|
257
|
480
|
533
|
661
|
869
|
825
|
845
|
586
|
653
|
338
|
226
|
20
|
54
|
17
|
63
|
271
|
266
|
(670)
|
(1 728)
|
(2 047)
|
(1 921)
|
(1 269)
|
168
|
761
|
804
|
2 079
|
1 904
|
1 854
|
1 832
|
55
|
|
Income to Minority Interest |
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(1)
|
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
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
624
N/A
|
633
+1%
|
580
-8%
|
920
+59%
|
929
+1%
|
870
-6%
|
913
+5%
|
842
-8%
|
848
+1%
|
805
-5%
|
806
+0%
|
257
-68%
|
480
+87%
|
533
+11%
|
661
+24%
|
869
+31%
|
696
-20%
|
717
+3%
|
457
-36%
|
546
+19%
|
353
-35%
|
240
-32%
|
34
-86%
|
48
+38%
|
17
-64%
|
63
+268%
|
271
+332%
|
266
-2%
|
(670)
N/A
|
(1 728)
-158%
|
(2 047)
-18%
|
(1 921)
+6%
|
(1 269)
+34%
|
168
N/A
|
761
+354%
|
804
+6%
|
2 079
+159%
|
1 904
-8%
|
1 854
-3%
|
1 832
-1%
|
55
-97%
|
|
EPS (Diluted) |
1.59
N/A
|
1.61
+1%
|
1.47
-9%
|
2.32
+58%
|
2.49
+7%
|
1.96
-21%
|
1.74
-11%
|
1.63
-6%
|
1.7
+4%
|
1.56
-8%
|
1.57
+1%
|
0.51
-68%
|
0.92
+80%
|
1
+9%
|
1.22
+22%
|
1.61
+32%
|
1.29
-20%
|
1.38
+7%
|
0.88
-36%
|
1.05
+19%
|
0.68
-35%
|
0.46
-32%
|
0.06
-87%
|
0.1
+67%
|
0.03
-70%
|
0.12
+300%
|
0.53
+342%
|
0.52
-2%
|
-1.11
N/A
|
-1.43
-29%
|
-1.69
-18%
|
-1.58
+7%
|
-1.05
+34%
|
0.14
N/A
|
0.63
+350%
|
0.66
+5%
|
1.71
+159%
|
1.57
-8%
|
1.53
-3%
|
1.51
-1%
|
0.05
-97%
|