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Gilead Sciences — Aug 7, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000882095-25-000030
Open on SEC.gov ↗
Showing in the filing
Quarterly dividend of common stock
“$0.79 per share”
Period
Q3 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 14
Product sales
“$ 28,300”
Product sales excluding Veklury
“$ 27,300”
Veklury for FY2025
“$1,000”
Diluted EPS
“$ 5.85”
Non-GAAP diluted EPS
“$ 7.95”
Quarterly dividend for Q3 FY2025
“$0.79 per share”
Quarterly dividend of common stock for Q3 FY2025
“$0.79 per share”
Stock repurchase program authorization
“$6.0 billion”
GAAP projected product gross margin for FY2025
“~ 78.0%”
Non-GAAP projected product gross margin for FY2025
“~ 86.0%”
GAAP projected operating income for FY2025
“$10,300 - $10,700”
Non-GAAP projected operating income for FY2025
“$13,000 - $13,400”
GAAP projected effective tax rate for FY2025
“~ 21%”
Non-GAAP projected effective tax rate for FY2025
“~ 19%”
Exhibit 99.1 · the passage around this item
… earlier in the release
August 7, 2025 4      Inflammation • Presented new data from multiple analyses at EASL evaluating Livdelzi for the treatment of primary biliary cholangitis, including interim analysis from the open-label, long-term ASSURE study. Corporate • The Board declared a quarterly dividend of $0.79 per share of common stock for the third quarter of 2025. The dividend is payable on September 29, 2025, to stockholders of record at the close of business on September 15, 2025. Future dividends will be subject to Board approval. • The Board authorized a new $6.0 billion stock repurchase program, with no fixed expiration, which will commence upon the completion of the previously approved program. • Reached a final settlement agreement with the U.S. Department of Justice resolving a legacy compliance matter. This settlement was accrued in 2024 and reported under SG&A expenses. • Named by TIME as a 2025 Most Influential Company. Certain amounts and percentages in this press release may not sum or recalculate due to rounding. Conference Call At 1:30 p.m. Pacific Time today, Gilead will host a conference call to discuss Gilead’s results. A live webcast will be available on http://investors.gilead.com and will be archived on www.gilead.com for one year. Non-GAAP Financial Information The information presented in this document has been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), unless otherwise noted as non-GAAP. Management believes non-GAAP information is
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.