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Revenue → Gross profit: $58.6B
Pharmaceutical → Revenue: $54.8B
Medical devices → Revenue: $30.4B
Revenue → Cost of revenue: $26.6B
Discontinued operations → Net profit: $21.8B
Gross profit → SG&A: $21.5B
Immunology → Pharmaceutical: $18.1B
Oncology → Pharmaceutical: $17.7B
Gross profit → R&D: $15.1B
Gross profit → Operating profit: $15.1B
Operating profit → Net profit: $13.3B
Surgery → Medical devices: $10.0B
Orthopaedics → Medical devices: $8.9B
Neuroscience → Pharmaceutical: $7.1B
Gross profit → Other: $6.6B
Interventional → Medical devices: $6.3B
Vision → Medical devices: $5.1B
Infectious diseases → Pharmaceutical: $4.4B
Pulmonary → Pharmaceutical: $3.8B
Other pharma → Pharmaceutical: $3.7B
Operating profit → Tax: $1.7B
Gross profit → Restructuring: $0.5B
Interest income → Gross profit: $0.5B
Gross profit → In-process R&D: $0.3B
Immunology: $18.1B
Pharmaceutical: $54.8B
Infectious diseases: $4.4B
Neuroscience: $7.1B
Oncology: $17.7B
Pulmonary: $3.8B
Other pharma: $3.7B
Revenue: $85.2B
Medical devices: $30.4B
Interventional: $6.3B
Orthopaedics: $8.9B
Surgery: $10.0B
Vision: $5.1B
Gross profit: $59.1B
Cost of revenue: $26.6B
Operating profit: $15.1B
SG&A: $21.5B
R&D: $15.1B
In-process R&D: $0.3B
Restructuring: $0.5B
Other: $6.6B
Tax: $1.7B
Net profit: $35.2B
Interest income: $0.5B
Discontinued operations: $21.8B
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Immunology
$18.1B
Pharmaceutical
$54.8B
4% Y/Y
Infectious diseases
$4.4B
Neuroscience
$7.1B
Oncology
$17.7B
Pulmonary
$3.8B
Other pharma
$3.7B
Revenue
$85.2B
6% Y/Y
Medical devices
$30.4B
11% Y/Y
Interventional
$6.3B
Orthopaedics
$8.9B
Surgery
$10.0B
Vision
$5.1B
Gross profit
$59.1B
6% Y/Y
Cost of revenue
$26.6B
8% Y/Y
Operating profit
$15.1B
-22% Y/Y
SG&A
$21.5B
6% Y/Y
R&D
$15.1B
7% Y/Y
In-process R&D
$0.3B
-60% Y/Y
Restructuring
$0.5B
78% Y/Y
Other
$6.6B
719% Y/Y
Tax
$1.7B
-42% Y/Y
Net profit
$35.2B
Interest income
$0.5B
129% Y/Y
Discontinued operations
$21.8B
Johnson & Johnson FY23 Income Statement
2022
Q4
Full Year
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3