Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
Revenues | 554,923 | 490,425 | 504,059 | 468,894 | 0 |
Revenue growth | 13.2% | -2.7% | 7.5% | | |
Cost of goods sold | -1,976 | -1,544 | -1,279 | 0 | 0 |
Gross profit | 556,899 | 491,969 | 505,338 | 468,894 | 0 |
Gross margin | 100.4% | 100.3% | 100.3% | 100.0% | |
Selling, general and administrative | 0 | 0 | 0 | 0 | 0 |
EBIT | 556,899 | 491,969 | 505,338 | 0 | 0 |
EBIT margin | 100.4% | 100.3% | 100.3% | 0.0% | |
Pre-tax income | 0 | 0 | 0 | 39,882 | 43,694 |
Income taxes | 0 | 0 | 0 | 0 | 0 |
Tax rate | | | | 0.0% | 0.0% |
Net income | 0 | 0 | 0 | 0 | 0 |
Net margin | 0.0% | 0.0% | 0.0% | 0.0% | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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