Teva Pharmaceutical Industries Ltd
NYSE:TEVA
Income Statement
Earnings Waterfall
Teva Pharmaceutical Industries Ltd
Revenue
|
15.8B
USD
|
Cost of Revenue
|
-7.9B
USD
|
Gross Profit
|
8B
USD
|
Operating Expenses
|
-4.4B
USD
|
Operating Income
|
3.5B
USD
|
Other Expenses
|
-4.1B
USD
|
Net Income
|
-559m
USD
|
Income Statement
Teva Pharmaceutical Industries Ltd
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 |
20 314
N/A
|
20 414
+0%
|
20 535
+1%
|
20 534
0%
|
20 272
-1%
|
20 253
0%
|
20 174
0%
|
19 939
-1%
|
19 652
-1%
|
19 480
-1%
|
19 552
+0%
|
20 292
+4%
|
21 903
+8%
|
22 743
+4%
|
23 425
+3%
|
23 479
+0%
|
22 385
-5%
|
21 800
-3%
|
20 781
-5%
|
19 693
-5%
|
18 854
-4%
|
17 938
-5%
|
17 414
-3%
|
16 978
-3%
|
16 887
-1%
|
16 618
-2%
|
16 311
-2%
|
16 196
-1%
|
16 659
+3%
|
16 283
-2%
|
16 323
+0%
|
16 232
-1%
|
15 878
-2%
|
15 558
-2%
|
15 434
-1%
|
15 142
-2%
|
14 925
-1%
|
14 926
+0%
|
15 018
+1%
|
15 273
+2%
|
15 846
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(9 607)
|
(9 600)
|
(9 653)
|
(9 473)
|
(9 216)
|
(9 058)
|
(8 738)
|
(8 541)
|
(8 296)
|
(8 169)
|
(8 266)
|
(8 976)
|
(10 250)
|
(11 042)
|
(11 746)
|
(11 951)
|
(11 770)
|
(11 709)
|
(11 512)
|
(11 097)
|
(10 558)
|
(10 171)
|
(9 761)
|
(9 438)
|
(9 351)
|
(8 799)
|
(8 632)
|
(8 531)
|
(8 870)
|
(8 654)
|
(8 550)
|
(8 411)
|
(8 014)
|
(7 810)
|
(7 781)
|
(7 677)
|
(7 487)
|
(7 642)
|
(7 643)
|
(7 694)
|
(7 870)
|
|
Gross Profit |
10 707
N/A
|
10 814
+1%
|
10 882
+1%
|
11 061
+2%
|
11 056
0%
|
11 195
+1%
|
11 436
+2%
|
11 398
0%
|
11 356
0%
|
11 311
0%
|
11 286
0%
|
11 316
+0%
|
11 653
+3%
|
11 701
+0%
|
11 679
0%
|
11 528
-1%
|
10 615
-8%
|
10 091
-5%
|
9 269
-8%
|
8 596
-7%
|
8 296
-3%
|
7 767
-6%
|
7 653
-1%
|
7 540
-1%
|
7 536
0%
|
7 819
+4%
|
7 679
-2%
|
7 665
0%
|
7 789
+2%
|
7 629
-2%
|
7 773
+2%
|
7 821
+1%
|
7 864
+1%
|
7 748
-1%
|
7 653
-1%
|
7 465
-2%
|
7 438
0%
|
7 284
-2%
|
7 375
+1%
|
7 579
+3%
|
7 976
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 746)
|
(6 754)
|
(6 674)
|
(6 621)
|
(6 583)
|
(6 742)
|
(6 747)
|
(6 708)
|
(6 618)
|
(6 344)
|
(6 475)
|
(6 191)
|
(7 095)
|
(6 490)
|
(6 557)
|
(7 080)
|
(6 621)
|
(6 172)
|
(5 592)
|
(5 145)
|
(5 141)
|
(4 906)
|
(4 963)
|
(4 760)
|
(4 788)
|
(4 725)
|
(4 575)
|
(4 577)
|
(4 622)
|
(4 629)
|
(4 633)
|
(4 610)
|
(4 446)
|
(4 353)
|
(4 353)
|
(4 231)
|
(4 253)
|
(4 238)
|
(4 260)
|
(4 384)
|
(4 436)
|
|
Selling, General & Administrative |
(5 309)
|
(5 286)
|
(5 194)
|
(5 166)
|
(5 078)
|
(4 996)
|
(4 964)
|
(4 813)
|
(4 717)
|
(4 616)
|
(4 702)
|
(4 863)
|
(4 973)
|
(5 101)
|
(5 101)
|
(5 019)
|
(4 637)
|
(4 387)
|
(4 081)
|
(3 870)
|
(4 052)
|
(3 831)
|
(3 803)
|
(3 690)
|
(3 667)
|
(3 642)
|
(3 536)
|
(3 545)
|
(3 519)
|
(3 489)
|
(3 498)
|
(3 509)
|
(3 402)
|
(3 373)
|
(3 390)
|
(3 303)
|
(3 445)
|
(3 305)
|
(3 366)
|
(3 433)
|
(3 498)
|
|
Research & Development |
(1 427)
|
(1 451)
|
(1 456)
|
(1 520)
|
(1 488)
|
(1 467)
|
(1 509)
|
(1 458)
|
(1 525)
|
(1 582)
|
(1 571)
|
(1 873)
|
(2 077)
|
(2 120)
|
(2 214)
|
(2 082)
|
(1 778)
|
(1 663)
|
(1 484)
|
(1 264)
|
(1 213)
|
(1 157)
|
(1 143)
|
(1 079)
|
(1 010)
|
(976)
|
(942)
|
(933)
|
(997)
|
0
|
(481)
|
(465)
|
(967)
|
(939)
|
(924)
|
(877)
|
(838)
|
(847)
|
(859)
|
(937)
|
(953)
|
|
Depreciation & Amortization |
0
|
(17)
|
(24)
|
(27)
|
0
|
(18)
|
(19)
|
(23)
|
0
|
0
|
0
|
0
|
0
|
(53)
|
(97)
|
(144)
|
(209)
|
(202)
|
(199)
|
(203)
|
(162)
|
(151)
|
(145)
|
(129)
|
(139)
|
(139)
|
(134)
|
(130)
|
(126)
|
(119)
|
(114)
|
(107)
|
(99)
|
(94)
|
(90)
|
(86)
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(10)
|
0
|
0
|
92
|
(17)
|
(261)
|
(255)
|
(414)
|
(376)
|
(146)
|
(202)
|
545
|
(45)
|
784
|
855
|
165
|
3
|
80
|
172
|
192
|
286
|
233
|
128
|
138
|
28
|
32
|
37
|
31
|
20
|
(1 021)
|
(540)
|
(529)
|
22
|
53
|
51
|
35
|
30
|
(86)
|
(35)
|
(14)
|
15
|
|
Operating Income |
3 961
N/A
|
4 060
+2%
|
4 208
+4%
|
4 440
+6%
|
4 473
+1%
|
4 453
0%
|
4 689
+5%
|
4 690
+0%
|
4 738
+1%
|
4 967
+5%
|
4 811
-3%
|
5 125
+7%
|
4 558
-11%
|
5 211
+14%
|
5 122
-2%
|
4 448
-13%
|
3 994
-10%
|
3 919
-2%
|
3 677
-6%
|
3 451
-6%
|
3 155
-9%
|
2 861
-9%
|
2 690
-6%
|
2 780
+3%
|
2 748
-1%
|
3 094
+13%
|
3 104
+0%
|
3 088
-1%
|
3 167
+3%
|
3 000
-5%
|
3 140
+5%
|
3 211
+2%
|
3 418
+6%
|
3 395
-1%
|
3 300
-3%
|
3 234
-2%
|
3 185
-2%
|
3 046
-4%
|
3 115
+2%
|
3 195
+3%
|
3 540
+11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(399)
|
(305)
|
(296)
|
(304)
|
(294)
|
(326)
|
(287)
|
(900)
|
(227)
|
(1 106)
|
(1 170)
|
(623)
|
(446)
|
(1 274)
|
(1 469)
|
(1 554)
|
(856)
|
(1 018)
|
(969)
|
(991)
|
(894)
|
(991)
|
(966)
|
(967)
|
(825)
|
(918)
|
(927)
|
(877)
|
(833)
|
(995)
|
(1 014)
|
(1 060)
|
(988)
|
(916)
|
(887)
|
(863)
|
(904)
|
(952)
|
(943)
|
(960)
|
(991)
|
|
Non-Reccuring Items |
(2 312)
|
(2 313)
|
(943)
|
(864)
|
(522)
|
(718)
|
(1 224)
|
(1 327)
|
(2 159)
|
(1 199)
|
(1 344)
|
(1 903)
|
(3 286)
|
(3 327)
|
(9 341)
|
(9 054)
|
(21 520)
|
(20 842)
|
(14 872)
|
(15 008)
|
(4 838)
|
(5 875)
|
(6 334)
|
(6 521)
|
(3 191)
|
(3 480)
|
(2 673)
|
(6 918)
|
(6 739)
|
(6 330)
|
(6 061)
|
(1 167)
|
(1 702)
|
(2 825)
|
(4 261)
|
(4 399)
|
(5 382)
|
(4 429)
|
(4 195)
|
(4 339)
|
(3 107)
|
|
Total Other Income |
0
|
0
|
(76)
|
(76)
|
(19)
|
(176)
|
(100)
|
(100)
|
0
|
0
|
0
|
0
|
(2)
|
35
|
99
|
75
|
3
|
128
|
79
|
131
|
(19)
|
71
|
76
|
95
|
3
|
90
|
81
|
125
|
(1)
|
96
|
65
|
(13)
|
(70)
|
(110)
|
(76)
|
(112)
|
(62)
|
(18)
|
(84)
|
(94)
|
(66)
|
|
Pre-Tax Income |
1 250
N/A
|
1 442
+15%
|
2 893
+101%
|
3 196
+10%
|
3 638
+14%
|
3 233
-11%
|
3 078
-5%
|
2 363
-23%
|
2 352
0%
|
2 662
+13%
|
2 297
-14%
|
2 599
+13%
|
824
-68%
|
645
-22%
|
(5 589)
N/A
|
(6 085)
-9%
|
(18 379)
-202%
|
(17 813)
+3%
|
(12 085)
+32%
|
(12 417)
-3%
|
(2 596)
+79%
|
(3 934)
-52%
|
(4 534)
-15%
|
(4 613)
-2%
|
(1 265)
+73%
|
(1 214)
+4%
|
(415)
+66%
|
(4 582)
-1 004%
|
(4 406)
+4%
|
(4 229)
+4%
|
(3 870)
+8%
|
971
N/A
|
658
-32%
|
(456)
N/A
|
(1 924)
-322%
|
(2 140)
-11%
|
(3 163)
-48%
|
(2 353)
+26%
|
(2 107)
+10%
|
(2 198)
-4%
|
(624)
+72%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
43
|
(47)
|
(371)
|
(519)
|
(591)
|
(552)
|
(538)
|
(571)
|
(634)
|
(758)
|
(699)
|
(713)
|
(521)
|
(347)
|
(296)
|
405
|
872
|
880
|
934
|
466
|
292
|
329
|
432
|
395
|
278
|
346
|
271
|
266
|
168
|
47
|
(155)
|
(215)
|
(211)
|
(152)
|
846
|
815
|
643
|
658
|
(226)
|
(107)
|
7
|
|
Income from Continuing Operations |
1 293
|
1 395
|
2 522
|
2 677
|
3 047
|
2 681
|
2 540
|
1 792
|
1 718
|
1 904
|
1 598
|
1 886
|
303
|
298
|
(5 885)
|
(5 680)
|
(17 507)
|
(16 933)
|
(11 151)
|
(11 951)
|
(2 304)
|
(3 605)
|
(4 102)
|
(4 218)
|
(987)
|
(868)
|
(144)
|
(4 316)
|
(4 238)
|
(4 182)
|
(4 025)
|
756
|
447
|
(608)
|
(1 078)
|
(1 325)
|
(2 520)
|
(1 695)
|
(2 333)
|
(2 305)
|
(617)
|
|
Income to Minority Interest |
16
|
16
|
15
|
23
|
13
|
11
|
8
|
(18)
|
(9)
|
(8)
|
4
|
19
|
18
|
19
|
7
|
(10)
|
184
|
166
|
156
|
160
|
322
|
328
|
320
|
324
|
2
|
54
|
159
|
156
|
109
|
58
|
(43)
|
(44)
|
(39)
|
(35)
|
6
|
14
|
53
|
89
|
97
|
92
|
56
|
|
Equity Earnings Affiliates |
(40)
|
(28)
|
0
|
(23)
|
(5)
|
(6)
|
0
|
1
|
(121)
|
(118)
|
(109)
|
(103)
|
8
|
21
|
(8)
|
(13)
|
(3)
|
(84)
|
(62)
|
(69)
|
(71)
|
(1)
|
(9)
|
(3)
|
(13)
|
(10)
|
(10)
|
130
|
138
|
142
|
153
|
12
|
9
|
27
|
16
|
20
|
21
|
0
|
1
|
2
|
2
|
|
Net Income (Common) |
1 269
N/A
|
1 383
+9%
|
2 512
+82%
|
2 677
+7%
|
3 055
+14%
|
2 686
-12%
|
2 548
-5%
|
1 775
-30%
|
1 573
-11%
|
1 697
+8%
|
1 346
-21%
|
1 591
+18%
|
68
-96%
|
78
+15%
|
(6 145)
N/A
|
(5 963)
+3%
|
(16 525)
-177%
|
(16 050)
+3%
|
(10 256)
+36%
|
(11 059)
-8%
|
(2 399)
+78%
|
(3 559)
-48%
|
(4 007)
-13%
|
(4 048)
-1%
|
(999)
+75%
|
(825)
+17%
|
4
N/A
|
(4 031)
N/A
|
(3 990)
+1%
|
(3 982)
+0%
|
(3 915)
+2%
|
726
N/A
|
417
-43%
|
(615)
N/A
|
(1 054)
-71%
|
(1 290)
-22%
|
(2 446)
-90%
|
(1 602)
+35%
|
(2 233)
-39%
|
(2 209)
+1%
|
(559)
+75%
|
|
EPS (Diluted) |
1.5
N/A
|
1.63
+9%
|
2.95
+81%
|
3.1
+5%
|
3.56
+15%
|
3.13
-12%
|
2.97
-5%
|
2.07
-30%
|
1.82
-12%
|
1.84
+1%
|
1.46
-21%
|
1.61
+10%
|
0.07
-96%
|
0.07
N/A
|
-6.03
N/A
|
-5.86
+3%
|
-16.26
-177%
|
-15.73
+3%
|
-10.07
+36%
|
-10.86
-8%
|
-2.34
+78%
|
-3.26
-39%
|
-3.66
-12%
|
-3.7
-1%
|
-0.92
+75%
|
-0.76
+17%
|
0
N/A
|
-3.68
N/A
|
-3.64
+1%
|
-3.59
+1%
|
-3.53
+2%
|
0.66
N/A
|
0.38
-42%
|
-0.56
N/A
|
-0.95
-70%
|
-1.17
-23%
|
-2.2
-88%
|
-1.44
+35%
|
-2
-39%
|
-1.94
+3%
|
-0.5
+74%
|