Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide, but strategically separated its Consumer Health business into Kenvue Inc. in 2023 to focus on its higher-growth, innovation-driven segments; the former Consumer Health brands (including TYLENOL, LISTERINE, and BAND-AID) are now owned by Kenvue. The company's core focus is now split between its Innovative Medicine (formerly Pharmaceutical) segment, which offers prescription products for complex diseases such as rheumatoid arthritis, various cancers, HIV/AIDS, and neurodegenerative disorders; and its MedTech (Medical Devices) segment, which provides advanced technology solutions including electrophysiology products, neurovascular care products, orthopaedics (hips, knees, spine), advanced surgery solutions, and disposable contact lenses under the ACUVUE brand. Company's two remaining segments primarily serve hospitals, healthcare professionals, wholesalers, and retailers, continuing its mission of advancing human health since its founding in 1886 and its current basing in New Brunswick, New Jersey.

Johnson & Johnson

Sales to Customers

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Cost of Products Sold

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Gross Profit

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Selling, Marketing and Administrative Expenses

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Research and Development Expense

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In-Process Research and Development Impairments

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Interest Income

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Interest Expense, Net of Portion Capitalized

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Other Expense, Net

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Interest (Income) Expense, Net

Interest (Income) Expense, Net %Chg

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Earnings Before Provision for Taxes on Income

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Provision for Taxes on Income

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Net Earnings

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Basic

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Restructuring

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Provision for/(Benefit From) Taxes on Income

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Provision for/(Benefit From) Taxes on Income Common Size

Net Earnings from Continuing Operations

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Net Earnings from Continuing Operations Common Size

Net Earnings/(Loss) from Discontinued Operations, Net of Tax

Net Earnings/(Loss) from Discontinued Operations, Net of Tax %Chg

Net Earnings/(Loss) from Discontinued Operations, Net of Tax Common Size

Net Earnings from Discontinued Operations, Net of Tax

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Net Earnings from Discontinued Operations, Net of Tax Common Size

Continuing Operations - Basic

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Discontinued Operations - Basic

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Net Earnings per Share from Continuing Operations

Net Earnings per Share from Continuing Operations %Chg

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Net Earnings per Share from Discontinued Operations

Total Revenues

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Cost of Sales

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Gross Profit Margin

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Selling, General & Administrative Expenses

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Research & Development Expenses

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Other Operating Expenses

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Operating Profit

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Operating Margin

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Interest and Investment Income

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Interest Expense

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Non-Operating Income

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Total Non-Operating Income

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Income Before Provision for Income Taxes

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Provision for Income Taxes

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Consolidated Net Income

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Net Income Attributable to Discontinued Operations

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Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	23,993	23,743	21,893	22,520	22,471	22,447
Total Revenues %Chg	6.8%	5.8%	2.4%	5.3%	5.2%	4.3%
Sales to Customers
Cost of Sales	—	7,628	7,357	7,128	—	6,869
Cost of Products Sold
Gross Profit	23,993	16,115	14,536	15,392	22,471	15,578
Gross Profit
Gross Profit Margin	100%	67.9%	66.4%	68.3%	100%	69.4%
Selling, General & Administrative Expenses	—	5,889	5,112	6,453	—	5,681
Selling, Marketing and Administrative Expenses
Research & Development Expenses	—	3,516	3,225	5,298	—	3,440
Research and Development Expense
Other Operating Expenses	63	64	17	59	41	181
In-Process Research and Development Impairments
Restructuring
Operating Profit	23,930	6,646	6,182	3,582	22,430	6,276
Operating Margin	99.7%	28%	28.2%	15.9%	99.8%	28%
Interest and Investment Income	—	260	332	—	—	395
Interest Income
Interest Expense	—	-308	-204	144	—	-270
Interest Expense, Net of Portion Capitalized
Interest (Income) Expense, Net
Non-Operating Income	—	-107	7,321	161	—	-653
Other Expense, Net
Total Non-Operating Income	—	-155	7,449	305	—	-528
Income Before Provision for Income Taxes	7,493	6,491	13,631	3,887	3,338	5,748
Earnings Before Provision for Taxes on Income
Earnings Before Provision for Taxes on Income
Provision for Income Taxes	—	954	2,632	456	—	1,062
Provision for Taxes on Income
Provision for/(Benefit From) Taxes on Income
Consolidated Net Income	7,493	5,537	10,999	3,431	3,338	4,686
Net Earnings from Continuing Operations
Net Income Attributable to Discontinued Operations	—	—	—	—	—	—
Net Earnings from Discontinued Operations, Net of Tax
Net Income Attributable to Common Shareholders	7,493	5,537	10,999	3,431	3,338	4,686
Net Earnings
Basic EPS	2.1	2.3	4.6	1.4	1.1	2
Diluted EPS	2.1	2.3	4.5	1.4	1.1	1.9
Basic Weighted Average Shares Outstanding	2,408.3	2,406.3	2,407.2	2,427.1	2,407.2	2,406.8
Total Shares Outstanding	2,406.2	2,406.8	2,405.6	2,406.9	2,407.3	2,407
Diluted Weighted Average Shares Outstanding	2,428.6	2,419.1	2,423.8	2,427.1	2,427.9	2,422
EBITDA	25,707	8,589	7,954	5,478	24,276	8,058
Effective Tax Rate	—	14.7%	19.3%	11.7%	—	18.5%