Ipsen SA
PAR:IPN
Income Statement
Earnings Waterfall
Ipsen SA
Income Statement
Ipsen SA
| Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
6
|
0
|
2
|
1
|
2
|
2
|
4
|
7
|
4
|
2
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
6
|
1
|
3
|
5
|
9
|
9
|
9
|
8
|
17
|
30
|
32
|
27
|
24
|
24
|
23
|
24
|
27
|
26
|
22
|
23
|
28
|
0
|
|
| Revenue |
864
N/A
|
915
+6%
|
945
+3%
|
967
+2%
|
994
+3%
|
1 046
+5%
|
1 038
-1%
|
1 060
+2%
|
1 112
+5%
|
1 125
+1%
|
1 170
+4%
|
1 204
+3%
|
1 210
+1%
|
1 249
+3%
|
1 277
+2%
|
1 283
+0%
|
1 282
0%
|
1 287
+0%
|
1 332
+4%
|
1 416
+6%
|
1 520
+7%
|
1 575
+4%
|
1 671
+6%
|
1 834
+10%
|
2 012
+10%
|
2 167
+8%
|
2 348
+8%
|
2 516
+7%
|
2 693
+7%
|
2 707
+1%
|
2 686
-1%
|
2 676
0%
|
2 749
+3%
|
2 950
+7%
|
3 156
+7%
|
3 282
+4%
|
3 306
+1%
|
3 435
+4%
|
3 575
+4%
|
3 760
+5%
|
3 929
+5%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(177)
|
(175)
|
(181)
|
(191)
|
(199)
|
(214)
|
(220)
|
(223)
|
(238)
|
(245)
|
(236)
|
(234)
|
(249)
|
(257)
|
(254)
|
(278)
|
(305)
|
(309)
|
(310)
|
(323)
|
(337)
|
(341)
|
(353)
|
(371)
|
(386)
|
(412)
|
(454)
|
(475)
|
(488)
|
(493)
|
(491)
|
(452)
|
(439)
|
(477)
|
(528)
|
(556)
|
(571)
|
(618)
|
(619)
|
(627)
|
(751)
|
|
| Gross Profit |
687
N/A
|
740
+8%
|
764
+3%
|
776
+2%
|
795
+2%
|
833
+5%
|
818
-2%
|
837
+2%
|
875
+4%
|
880
+1%
|
934
+6%
|
970
+4%
|
961
-1%
|
992
+3%
|
1 023
+3%
|
1 005
-2%
|
977
-3%
|
978
+0%
|
1 022
+5%
|
1 093
+7%
|
1 183
+8%
|
1 234
+4%
|
1 318
+7%
|
1 463
+11%
|
1 626
+11%
|
1 755
+8%
|
1 894
+8%
|
2 042
+8%
|
2 205
+8%
|
2 214
+0%
|
2 196
-1%
|
2 223
+1%
|
2 310
+4%
|
2 473
+7%
|
2 629
+6%
|
2 726
+4%
|
2 735
+0%
|
2 817
+3%
|
2 956
+5%
|
3 133
+6%
|
3 178
+1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(526)
|
(564)
|
(570)
|
(577)
|
(586)
|
(591)
|
(636)
|
(679)
|
(702)
|
(727)
|
(705)
|
(697)
|
(767)
|
(828)
|
(846)
|
(802)
|
(749)
|
(732)
|
(762)
|
(827)
|
(861)
|
(891)
|
(947)
|
(1 096)
|
(1 123)
|
(1 150)
|
(1 338)
|
(1 444)
|
(1 542)
|
(1 531)
|
(1 475)
|
(1 445)
|
(1 457)
|
(1 520)
|
(1 758)
|
(2 045)
|
(2 145)
|
(2 231)
|
(2 248)
|
(2 155)
|
(2 200)
|
|
| Selling, General & Administrative |
(359)
|
(378)
|
(383)
|
(395)
|
(400)
|
(408)
|
(441)
|
(466)
|
(485)
|
(501)
|
(521)
|
(522)
|
(524)
|
(552)
|
(572)
|
(570)
|
(547)
|
(535)
|
(575)
|
(634)
|
(664)
|
(685)
|
(738)
|
(814)
|
(857)
|
(898)
|
(953)
|
(984)
|
(1 020)
|
(999)
|
(972)
|
(931)
|
(916)
|
(976)
|
(1 039)
|
(1 105)
|
(1 135)
|
(1 157)
|
(1 174)
|
(1 206)
|
(1 163)
|
|
| Research & Development |
(168)
|
(177)
|
(178)
|
(183)
|
(185)
|
(184)
|
(183)
|
(187)
|
(191)
|
(205)
|
(214)
|
(228)
|
(235)
|
(247)
|
(248)
|
(220)
|
(196)
|
(193)
|
(187)
|
(191)
|
(193)
|
(196)
|
(209)
|
(229)
|
(266)
|
(292)
|
(302)
|
(337)
|
(389)
|
(403)
|
(406)
|
(420)
|
(424)
|
(427)
|
(445)
|
(528)
|
(619)
|
(653)
|
(687)
|
(728)
|
(754)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(4)
|
(9)
|
(17)
|
(11)
|
(18)
|
(8)
|
(8)
|
(10)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(273)
|
0
|
0
|
|
| Other Operating Expenses |
1
|
(9)
|
(8)
|
0
|
0
|
2
|
(8)
|
(17)
|
(10)
|
(10)
|
48
|
60
|
(0)
|
(19)
|
(20)
|
(12)
|
(6)
|
(4)
|
0
|
(2)
|
(4)
|
(9)
|
0
|
(54)
|
(0)
|
40
|
(83)
|
(123)
|
(133)
|
(128)
|
(98)
|
(94)
|
(116)
|
(118)
|
(273)
|
(412)
|
(391)
|
(421)
|
(115)
|
(221)
|
(283)
|
|
| Operating Income |
161
N/A
|
175
+9%
|
194
+11%
|
199
+2%
|
209
+5%
|
242
+16%
|
182
-25%
|
158
-13%
|
172
+9%
|
153
-11%
|
229
+50%
|
272
+19%
|
194
-29%
|
163
-16%
|
177
+8%
|
203
+15%
|
228
+12%
|
246
+8%
|
261
+6%
|
266
+2%
|
323
+21%
|
344
+7%
|
371
+8%
|
367
-1%
|
504
+37%
|
605
+20%
|
556
-8%
|
597
+7%
|
663
+11%
|
683
+3%
|
721
+5%
|
779
+8%
|
853
+10%
|
954
+12%
|
871
-9%
|
681
-22%
|
590
-13%
|
587
-1%
|
707
+21%
|
978
+38%
|
978
+0%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(7)
|
4
|
(1)
|
10
|
10
|
19
|
18
|
1
|
(3)
|
0
|
(4)
|
2
|
1
|
(2)
|
(7)
|
1
|
(13)
|
(1)
|
(15)
|
(4)
|
(6)
|
(2)
|
(7)
|
(8)
|
(9)
|
(7)
|
(9)
|
(14)
|
(33)
|
(30)
|
(13)
|
(22)
|
(23)
|
(20)
|
(9)
|
(21)
|
(19)
|
(13)
|
(18)
|
(8)
|
(8)
|
|
| Non-Reccuring Items |
1
|
1
|
(7)
|
(7)
|
0
|
0
|
(3)
|
0
|
0
|
(1)
|
(100)
|
(127)
|
(122)
|
(87)
|
(48)
|
(66)
|
(20)
|
(22)
|
(39)
|
(88)
|
(79)
|
(29)
|
(67)
|
(60)
|
(106)
|
(115)
|
(37)
|
(30)
|
(698)
|
(785)
|
(192)
|
(108)
|
(26)
|
(27)
|
(139)
|
(167)
|
226
|
252
|
(217)
|
(347)
|
(352)
|
|
| Gain/Loss on Disposition of Assets |
1
|
0
|
7
|
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
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(5)
|
(6)
|
(9)
|
(3)
|
(11)
|
(6)
|
3
|
(2)
|
(5)
|
0
|
(1)
|
(1)
|
9
|
0
|
(14)
|
7
|
(11)
|
(1)
|
(5)
|
(1)
|
(11)
|
0
|
(7)
|
(17)
|
(21)
|
(16)
|
(33)
|
29
|
80
|
13
|
(1)
|
(16)
|
(14)
|
(17)
|
(17)
|
(35)
|
(36)
|
(41)
|
(55)
|
(39)
|
|
| Pre-Tax Income |
155
N/A
|
175
+13%
|
187
+7%
|
193
+3%
|
216
+12%
|
251
+16%
|
191
-24%
|
162
-15%
|
167
+3%
|
148
-12%
|
125
-15%
|
146
+17%
|
72
-51%
|
84
+16%
|
123
+46%
|
123
+0%
|
202
+64%
|
211
+5%
|
206
-2%
|
169
-18%
|
238
+41%
|
303
+27%
|
298
-1%
|
291
-2%
|
371
+27%
|
463
+25%
|
494
+7%
|
520
+5%
|
(39)
N/A
|
(51)
-33%
|
529
N/A
|
647
+22%
|
789
+22%
|
892
+13%
|
706
-21%
|
476
-33%
|
762
+60%
|
789
+4%
|
432
-45%
|
568
+32%
|
579
+2%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(33)
|
(33)
|
(41)
|
(52)
|
(54)
|
(56)
|
(33)
|
(22)
|
(11)
|
(9)
|
(17)
|
(22)
|
2
|
(6)
|
(25)
|
(35)
|
(59)
|
(56)
|
(54)
|
(31)
|
(50)
|
(71)
|
(74)
|
(76)
|
(101)
|
(120)
|
(108)
|
(116)
|
(20)
|
1
|
18
|
(30)
|
(158)
|
(172)
|
(112)
|
(60)
|
(136)
|
(127)
|
(75)
|
(117)
|
(134)
|
|
| Income from Continuing Operations |
122
|
142
|
146
|
141
|
161
|
195
|
158
|
140
|
157
|
139
|
108
|
124
|
74
|
78
|
97
|
88
|
142
|
155
|
153
|
138
|
188
|
231
|
225
|
216
|
269
|
343
|
386
|
404
|
(58)
|
(51)
|
547
|
617
|
631
|
720
|
594
|
416
|
625
|
662
|
357
|
451
|
445
|
|
| Income to Minority Interest |
(8)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
0
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
1
|
1
|
(3)
|
(3)
|
(1)
|
(3)
|
(1)
|
|
| Equity Earnings Affiliates |
0
|
0
|
(2)
|
(5)
|
(9)
|
(11)
|
(11)
|
(6)
|
0
|
(5)
|
(13)
|
(12)
|
0
|
4
|
0
|
0
|
0
|
1
|
2
|
2
|
3
|
2
|
2
|
2
|
1
|
1
|
1
|
2
|
4
|
1
|
(2)
|
(0)
|
0
|
(0)
|
(2)
|
(11)
|
(5)
|
5
|
1
|
(0)
|
(1)
|
|
| Net Income (Common) |
119
N/A
|
145
+22%
|
144
-1%
|
134
-7%
|
151
+13%
|
183
+22%
|
147
-20%
|
134
-8%
|
157
+17%
|
133
-15%
|
95
-29%
|
111
+17%
|
0
-100%
|
(1)
N/A
|
(28)
-3 344%
|
(22)
+21%
|
153
N/A
|
160
+5%
|
154
-4%
|
140
-9%
|
190
+36%
|
233
+23%
|
226
-3%
|
219
-3%
|
272
+24%
|
344
+26%
|
390
+13%
|
412
+6%
|
(51)
N/A
|
(49)
+4%
|
548
N/A
|
630
+15%
|
647
+3%
|
737
+14%
|
649
-12%
|
450
-31%
|
644
+43%
|
681
+6%
|
346
-49%
|
448
+29%
|
444
-1%
|
|
| EPS (Diluted) |
1.41
N/A
|
1.72
+22%
|
1.72
N/A
|
1.61
-6%
|
1.81
+12%
|
2.19
+21%
|
1.75
-20%
|
1.59
-9%
|
1.85
+16%
|
1.58
-15%
|
1.13
-28%
|
1.32
+17%
|
0
N/A
|
0
N/A
|
-0.33
N/A
|
-0.26
+21%
|
1.83
N/A
|
1.94
+6%
|
1.87
-4%
|
1.7
-9%
|
2.29
+35%
|
2.82
+23%
|
2.73
-3%
|
2.6
-5%
|
3.28
+26%
|
4.15
+27%
|
4.66
+12%
|
4.94
+6%
|
-0.61
N/A
|
-0.6
+2%
|
6.56
N/A
|
7.52
+15%
|
7.75
+3%
|
8.85
+14%
|
7.8
-12%
|
5.41
-31%
|
7.72
+43%
|
8.16
+6%
|
4.14
-49%
|
5.37
+30%
|
5.32
-1%
|
|