Gilead Sciences — Oct 30, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000882095-25-000044
Showing in the filing
Product sales excluding Veklury
“$ 27,400 $ 27,700”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 20
Product sales for FY2025
“$ 28,400 $ 28,700”
Product sales
“$ 28,400”
Product sales excluding Veklury for FY2025
“$ 27,400 $ 27,700”
Product sales excluding Veklury
“$ 27,400”
Veklury for FY2025
“$ 1,000 $ 1,000”
Veklury
“$ 1,000”
Diluted EPS for FY2025
“$ 6.65 $ 6.85”
Diluted EPS
“$ 6.65”
Non-GAAP diluted EPS for FY2025
“$ 8.05 $ 8.25”
Non-GAAP diluted EPS
“$ 8.05”
Quarterly dividend declared for Q4 FY2025
“$0.79”
Quarterly dividend of common stock for Q4 FY2025
“$0.79 per share”
Planned investment in the U.S. for FY2030
“$32 billion”
Planned U.S. manufacturing and R&D investment for FY2030
“$32 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 - $10,600”
Non-GAAP projected operating income for FY2025
“$13,100 - $13,400”
GAAP projected effective tax rate for FY2025
“~ 16%”
Non-GAAP projected effective tax rate for FY2025
“~ 19%”
Exhibit 99.1 · the passage around this item
… earlier in the release
October 30, 2025 3 Guidance and Outlook For the full-year, Gilead expects: (in millions, except per share amounts) October 30, 2025 Guidance Low End High End Comparison to Prior Guidance Product sales $ 28,400 $ 28,700 Previously $28,300 to $28,700 Product sales excluding Veklury $ 27,400 $ 27,700 Previously $27,300 to $27,700 Veklury $ 1,000 $ 1,000 Unchanged Diluted EPS $ 6.65 $ 6.85 Previously $5.85 to $6.15 Non-GAAP diluted EPS $ 8.05 $ 8.25 Previously $7.95 to $8.25 Additional information and a reconciliation between GAAP and non-GAAP financial information for the 2025 guidance is provided in the accompanying tables. The financial guidance is subject to a number of risks and uncertainties. See the Forward-Looking Statements section below. Key Updates Since Our Last Quarterly Release Virology • Announced settlement agreements to resolve Biktarvy patent litigation with generic manufacturers Lupin Ltd., Cipla Ltd. and Laurus Labs Ltd. Under the agreements, the earliest date the three generic manufacturers can market a generic version of full dose Biktarvy in the U.S. is April 1, 2036, subject to standard acceleration provisions. This is more than two years later than our previous loss of exclusivity projection for Biktarvy (December 2033). • Received a strong recommendation for the use of twice-yearly injectable Yeztugo® (lenacapavir) for HIV pre-exposure prophylaxis (“PrEP”) in the new U.S. Centers for Disease Control and Prevention guidelines. • Announced a partn
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.