Gilead Sciences, Inc.
118.50+0.62 (+0.53%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · GILD · USD
Key Stats
Market Cap
147.04BP/E (TTM)
23.47Basic EPS (TTM)
5.05Dividend Yield
0.03%Recent Filings
8-K
Biktarvy generics delayed to 2036
Gilead Sciences settled patent litigations with generic makers Lupin, Cipla, and Laurus Labs over Biktarvy, blocking U.S. generic entry until April 1, 2036. This extends exclusivity for the HIV treatment, safeguarding revenue amid ongoing IP challenges. Yet risks persist from potential litigation setbacks or regulatory shifts.
8-K
Gilead appoints new accounting head
Gilead Sciences appointed Erin Burkhart as Senior Vice President, Controllership and principal accounting officer, effective September 22, 2025, succeeding interim controller Diane E. Wilfong who steps down that day. Burkhart, 46, brings deep expertise from her role as Chief Accounting Officer at BioMarin since 2022 and prior stints at Eli Lilly. This leadership shift bolsters Gilead's finance team. No compensation details disclosed.
10-Q
Q2 FY2025 results
Gilead Sciences posted solid Q2 FY2025 results, with total revenues up 2% year-over-year to $7.1B, driven by 7% HIV growth to $5.1B—Biktarvy up 9% and Descovy up 35%—while oncology edged 1% higher on 14% Trodelvy gains offsetting cell therapy softness. Gross margin expanded 1.0 point to 78.7%, but operating income dipped 6% to $2.5B amid a $190M IPR&D impairment for bulevirtide; net income rose 21% to $2.0B, with diluted EPS at $1.56 on 1.255B shares. Cash fell to $5.1B after $2.6B operating cash flow, $1.3B stock buybacks, and $2.0B dividends, while long-term debt eased to $22.1B with $2.5B revolver undrawn. No major M&A closed this quarter. Patent challenges from generics loom as a key risk.
8-K
Gilead Q2 revenue up 2%
Gilead Sciences reported Q2 2025 revenue up 2% to $7.1 billion, with product sales excluding Veklury rising 4% to $6.9 billion on strong HIV growth—Biktarvy up 9% to $3.5 billion and Descovy up 35% to $653 million—while Veklury sales plunged 44% to $121 million amid fewer COVID hospitalizations. The FDA approved Yeztugo as the first twice-yearly HIV PrEP option, bolstering the virology portfolio. Gilead raised full-year guidance, projecting product sales of $28.3-$28.7 billion and non-GAAP EPS of $7.95-$8.25. HIV drives momentum, yet oncology faces headwinds.
8-K
Gilead tightens bylaws
Gilead Sciences amended and restated its bylaws on July 30, 2025, tightening advance notice rules for stockholder nominations and proposals to demand fuller disclosures on proposers, nominees, and their plans. These updates enforce universal proxy compliance, reserve the white proxy card for company use, and align with recent Delaware law changes while adding emergency provisions. Procedural tweaks clarify board operations. No financial impact disclosed.
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