Pfizer Inc
NYSE:PFE
Income Statement
Earnings Waterfall
Pfizer Inc
Revenue
|
58.5B
USD
|
Cost of Revenue
|
-17.8B
USD
|
Gross Profit
|
40.7B
USD
|
Operating Expenses
|
-27.6B
USD
|
Operating Income
|
13.1B
USD
|
Other Expenses
|
-11B
USD
|
Net Income
|
2.1B
USD
|
Income Statement
Pfizer Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Apr-2016 | Jul-2016 | Oct-2016 | Dec-2016 | Apr-2017 | Jul-2017 | Oct-2017 | Dec-2017 | Apr-2018 | Jul-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Apr-2021 | Jul-2021 | Oct-2021 | Dec-2021 | Apr-2022 | Jul-2022 | Oct-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Oct-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
51 584
N/A
|
50 527
-2%
|
50 327
0%
|
50 045
-1%
|
49 605
-1%
|
49 116
-1%
|
48 196
-2%
|
47 922
-1%
|
48 851
+2%
|
50 992
+4%
|
52 286
+3%
|
53 244
+2%
|
52 824
-1%
|
52 599
0%
|
52 348
0%
|
52 471
+0%
|
52 546
+0%
|
52 673
+0%
|
53 243
+1%
|
53 373
+0%
|
40 825
-24%
|
37 876
-7%
|
34 773
-8%
|
31 877
-8%
|
41 172
+29%
|
41 297
+0%
|
40 798
-1%
|
40 673
0%
|
41 908
+3%
|
46 407
+11%
|
55 442
+19%
|
69 200
+25%
|
81 288
+17%
|
92 230
+13%
|
101 073
+10%
|
99 676
-1%
|
100 330
+1%
|
92 952
-7%
|
77 944
-16%
|
68 538
-12%
|
58 496
-15%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(9 470)
|
(9 279)
|
(9 532)
|
(9 618)
|
(9 524)
|
(9 314)
|
(9 034)
|
(8 886)
|
(9 573)
|
(10 508)
|
(11 457)
|
(12 239)
|
(11 925)
|
(11 601)
|
(11 091)
|
(10 831)
|
(10 838)
|
(10 934)
|
(11 208)
|
(11 151)
|
(8 872)
|
0
|
0
|
0
|
(8 043)
|
(1 914)
|
0
|
0
|
(8 574)
|
(4 172)
|
(11 215)
|
(21 180)
|
(30 686)
|
(36 629)
|
(38 257)
|
(34 380)
|
(34 097)
|
(29 605)
|
(24 006)
|
(21 224)
|
(17 789)
|
|
Gross Profit |
42 114
N/A
|
41 248
-2%
|
40 795
-1%
|
40 427
-1%
|
40 081
-1%
|
39 802
-1%
|
39 162
-2%
|
39 036
0%
|
39 278
+1%
|
40 484
+3%
|
40 829
+1%
|
41 005
+0%
|
40 899
0%
|
40 998
+0%
|
41 257
+1%
|
41 640
+1%
|
41 708
+0%
|
41 739
+0%
|
42 035
+1%
|
42 222
+0%
|
31 953
-24%
|
0
N/A
|
0
N/A
|
0
N/A
|
33 129
N/A
|
8 169
-75%
|
0
N/A
|
0
N/A
|
33 334
N/A
|
10 410
-69%
|
22 266
+114%
|
36 336
+63%
|
50 602
+39%
|
55 601
+10%
|
62 816
+13%
|
65 296
+4%
|
66 233
+1%
|
63 347
-4%
|
53 938
-15%
|
47 314
-12%
|
40 707
-14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(25 100)
|
(24 243)
|
(24 176)
|
(24 076)
|
(25 423)
|
(25 549)
|
(25 338)
|
(25 138)
|
(25 645)
|
(25 734)
|
(25 781)
|
(26 194)
|
(25 837)
|
(25 943)
|
(26 156)
|
(26 257)
|
(26 125)
|
(26 179)
|
(26 140)
|
(26 184)
|
(23 216)
|
(31 699)
|
(30 981)
|
(30 721)
|
(23 712)
|
(31 181)
|
(31 397)
|
(30 518)
|
(21 616)
|
(29 560)
|
(28 800)
|
(26 969)
|
(23 067)
|
(25 605)
|
(26 752)
|
(27 617)
|
(26 075)
|
(29 016)
|
(28 836)
|
(28 710)
|
(27 611)
|
|
Selling, General & Administrative |
(14 347)
|
(14 172)
|
(14 107)
|
(14 268)
|
(14 097)
|
(14 161)
|
(14 028)
|
(13 742)
|
(14 809)
|
(15 090)
|
(15 174)
|
(15 463)
|
(14 837)
|
(14 761)
|
(14 715)
|
(14 656)
|
(14 784)
|
(14 888)
|
(15 005)
|
(14 976)
|
(12 419)
|
0
|
0
|
0
|
(12 485)
|
(2 449)
|
0
|
0
|
(11 126)
|
(2 659)
|
(5 718)
|
(8 788)
|
(12 109)
|
(12 889)
|
(13 027)
|
(13 499)
|
(13 049)
|
(15 101)
|
(15 324)
|
(14 986)
|
(14 446)
|
|
Research & Development |
(6 678)
|
(6 591)
|
(6 820)
|
(6 995)
|
(8 393)
|
(8 655)
|
(8 631)
|
(8 551)
|
(7 690)
|
(7 536)
|
(7 549)
|
(7 708)
|
(7 872)
|
(7 849)
|
(7 881)
|
(7 859)
|
(7 657)
|
(7 693)
|
(7 710)
|
(7 848)
|
(7 713)
|
0
|
0
|
0
|
(7 731)
|
(1 670)
|
0
|
0
|
(8 879)
|
(2 011)
|
(4 469)
|
(7 912)
|
(11 579)
|
(13 121)
|
(13 479)
|
(13 256)
|
(11 426)
|
(12 250)
|
(12 063)
|
(11 525)
|
(10 578)
|
|
Depreciation & Amortization |
(4 599)
|
(4 497)
|
(4 358)
|
(4 213)
|
(4 039)
|
(3 862)
|
(3 732)
|
(3 697)
|
(3 728)
|
(3 794)
|
(3 884)
|
(3 915)
|
(4 056)
|
(4 237)
|
(4 484)
|
(4 693)
|
(4 758)
|
(4 768)
|
(4 751)
|
(4 827)
|
(4 736)
|
0
|
0
|
0
|
(4 462)
|
(849)
|
0
|
0
|
(3 436)
|
(872)
|
(1 789)
|
(2 757)
|
(3 700)
|
(3 636)
|
(3 541)
|
(3 395)
|
(3 609)
|
(3 878)
|
(4 240)
|
(4 597)
|
(4 733)
|
|
Other Operating Expenses |
524
|
1 017
|
1 109
|
1 400
|
1 106
|
1 129
|
1 053
|
852
|
582
|
686
|
826
|
892
|
928
|
904
|
924
|
951
|
1 074
|
1 170
|
1 326
|
1 467
|
1 652
|
(31 699)
|
(30 981)
|
(30 721)
|
966
|
(26 213)
|
(31 397)
|
(30 518)
|
1 825
|
(24 018)
|
(16 824)
|
(7 512)
|
4 321
|
4 041
|
3 295
|
2 533
|
2 009
|
2 213
|
2 791
|
2 398
|
2 146
|
|
Operating Income |
17 014
N/A
|
17 005
0%
|
16 619
-2%
|
16 351
-2%
|
14 658
-10%
|
14 253
-3%
|
13 824
-3%
|
13 898
+1%
|
13 633
-2%
|
14 750
+8%
|
15 048
+2%
|
14 811
-2%
|
15 062
+2%
|
15 055
0%
|
15 101
+0%
|
15 383
+2%
|
15 583
+1%
|
15 560
0%
|
15 895
+2%
|
16 038
+1%
|
8 737
-46%
|
6 177
-29%
|
3 792
-39%
|
1 156
-70%
|
9 417
+715%
|
8 202
-13%
|
9 401
+15%
|
10 155
+8%
|
11 718
+15%
|
12 675
+8%
|
15 427
+22%
|
21 051
+36%
|
27 535
+31%
|
29 996
+9%
|
36 064
+20%
|
37 679
+4%
|
40 158
+7%
|
34 331
-15%
|
25 102
-27%
|
18 604
-26%
|
13 096
-30%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(977)
|
(1 090)
|
(1 030)
|
(923)
|
(776)
|
(815)
|
(616)
|
(588)
|
(1 597)
|
(1 558)
|
(1 772)
|
(1 715)
|
(824)
|
(974)
|
(983)
|
(1 019)
|
(972)
|
(784)
|
(515)
|
(321)
|
(538)
|
0
|
0
|
0
|
(877)
|
(644)
|
0
|
0
|
(538)
|
127
|
764
|
954
|
726
|
(390)
|
(1 682)
|
(2 275)
|
(1 510)
|
(1 314)
|
(469)
|
(471)
|
1 986
|
|
Non-Reccuring Items |
(1 100)
|
(1 521)
|
(2 585)
|
(2 417)
|
(1 932)
|
(1 247)
|
(1 467)
|
(2 441)
|
(3 304)
|
(3 815)
|
(5 040)
|
(4 543)
|
(6 058)
|
(4 181)
|
(2 816)
|
(2 623)
|
(2 594)
|
(2 503)
|
(2 380)
|
(1 963)
|
(4 675)
|
(4 475)
|
(4 328)
|
3 587
|
2 914
|
4 692
|
4 210
|
(4 428)
|
(3 446)
|
(2 477)
|
(1 920)
|
(1 451)
|
(4 049)
|
(1 641)
|
(1 861)
|
(1 716)
|
(3 921)
|
(1 075)
|
(1 865)
|
(7 725)
|
(14 025)
|
|
Gain/Loss on Disposition of Assets |
779
|
444
|
480
|
487
|
288
|
282
|
269
|
251
|
232
|
66
|
77
|
(1 333)
|
171
|
(1 159)
|
(1 156)
|
386
|
288
|
208
|
193
|
32
|
71
|
0
|
0
|
0
|
32
|
(1)
|
0
|
0
|
(237)
|
39
|
97
|
98
|
99
|
60
|
2
|
(6)
|
0
|
6
|
1
|
8
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(156)
|
(217)
|
(231)
|
(1)
|
(1)
|
(647)
|
(646)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
2
|
0
|
2
|
2
|
1
|
|
Pre-Tax Income |
15 716
N/A
|
14 838
-6%
|
13 484
-9%
|
13 498
+0%
|
12 238
-9%
|
12 473
+2%
|
12 010
-4%
|
11 120
-7%
|
8 964
-19%
|
9 443
+5%
|
8 313
-12%
|
7 220
-13%
|
8 351
+16%
|
8 741
+5%
|
10 146
+16%
|
12 127
+20%
|
12 305
+1%
|
12 481
+1%
|
13 193
+6%
|
13 785
+4%
|
3 594
-74%
|
1 546
-57%
|
(753)
N/A
|
4 512
N/A
|
11 485
+155%
|
12 248
+7%
|
12 964
+6%
|
5 081
-61%
|
7 497
+48%
|
10 364
+38%
|
14 369
+39%
|
20 653
+44%
|
24 311
+18%
|
28 025
+15%
|
32 523
+16%
|
33 681
+4%
|
34 729
+3%
|
31 949
-8%
|
22 771
-29%
|
10 418
-54%
|
1 058
-90%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4 306)
|
(3 779)
|
(3 079)
|
(3 005)
|
(3 119)
|
(3 243)
|
(3 066)
|
(2 722)
|
(1 990)
|
(1 797)
|
(1 239)
|
(921)
|
(1 123)
|
(1 346)
|
(1 738)
|
(2 216)
|
(351)
|
(86)
|
5
|
666
|
(330)
|
84
|
1 901
|
(899)
|
(940)
|
(1 157)
|
(2 722)
|
248
|
(477)
|
(927)
|
(1 654)
|
(1 430)
|
(1 852)
|
(2 301)
|
(2 748)
|
(3 432)
|
(3 328)
|
(2 871)
|
(1 230)
|
90
|
1 115
|
|
Income from Continuing Operations |
11 410
|
11 059
|
10 405
|
10 493
|
9 119
|
9 230
|
8 944
|
8 398
|
6 974
|
7 646
|
7 074
|
6 299
|
7 228
|
7 395
|
8 408
|
9 911
|
11 954
|
12 395
|
13 198
|
14 451
|
3 264
|
1 630
|
1 148
|
3 613
|
10 545
|
11 091
|
10 242
|
5 329
|
7 020
|
9 437
|
12 715
|
19 223
|
22 459
|
25 724
|
29 775
|
30 249
|
31 401
|
29 078
|
21 541
|
10 508
|
2 173
|
|
Income to Minority Interest |
(30)
|
(30)
|
(30)
|
(30)
|
(32)
|
(29)
|
(27)
|
(30)
|
(26)
|
(29)
|
(37)
|
(28)
|
(31)
|
(31)
|
(20)
|
(38)
|
(47)
|
(47)
|
(49)
|
(39)
|
(36)
|
(32)
|
(35)
|
(31)
|
(29)
|
(33)
|
(31)
|
(35)
|
(36)
|
(36)
|
(54)
|
(58)
|
(45)
|
(42)
|
(22)
|
(25)
|
(35)
|
(42)
|
(47)
|
(38)
|
(39)
|
|
Net Income (Common) |
22 001
N/A
|
21 589
-2%
|
10 401
-52%
|
10 474
+1%
|
9 134
-13%
|
9 180
+1%
|
8 895
-3%
|
8 359
-6%
|
6 959
-17%
|
7 622
+10%
|
7 043
-8%
|
6 268
-11%
|
7 214
+15%
|
7 382
+2%
|
8 408
+14%
|
9 893
+18%
|
21 307
+115%
|
21 747
+2%
|
22 546
+4%
|
23 820
+6%
|
11 152
-53%
|
11 476
+3%
|
12 650
+10%
|
16 216
+28%
|
16 272
+0%
|
15 745
-3%
|
14 125
-10%
|
8 639
-39%
|
9 616
+11%
|
11 091
+15%
|
13 228
+19%
|
19 180
+45%
|
21 979
+15%
|
24 966
+14%
|
29 309
+17%
|
29 771
+2%
|
31 372
+5%
|
29 051
-7%
|
21 472
-26%
|
10 482
-51%
|
2 119
-80%
|
|
EPS (Diluted) |
3.36
N/A
|
3.33
-1%
|
1.6
-52%
|
1.63
+2%
|
1.41
-13%
|
1.46
+4%
|
1.42
-3%
|
1.34
-6%
|
1.11
-17%
|
1.22
+10%
|
1.13
-7%
|
1.01
-11%
|
1.17
+16%
|
1.2
+3%
|
1.38
+15%
|
1.63
+18%
|
3.51
+115%
|
3.59
+2%
|
3.78
+5%
|
3.97
+5%
|
1.86
-53%
|
2
+8%
|
2.23
+12%
|
2.87
+29%
|
2.86
0%
|
2.8
-2%
|
2.51
-10%
|
1.53
-39%
|
1.7
+11%
|
1.95
+15%
|
2.32
+19%
|
3.37
+45%
|
3.85
+14%
|
4.33
+12%
|
5.13
+18%
|
5.2
+1%
|
5.47
+5%
|
5.07
-7%
|
3.75
-26%
|
1.85
-51%
|
0.37
-80%
|