Tax

Income Tax

Year-over-year, this metric grew by 67.4%, from $334.00M to $559.00M. Over 4 years (FY 2021 to FY 2025), Income Tax shows a downward trend with a -9.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$300.00M$852.00M$383.00M-$164.00M$368.00M$646.00M$398.00M$316.00M$549.00M$146.00M$237.00M-$315.00M$438.00M-$297.00M$385.00M$334.00M$468.00M$589.00M$0.00$559.00M
QoQ Change+184.0%-55.0%-142.8%+324.4%+75.5%-38.4%-20.6%+73.7%-73.4%+62.3%-232.9%+239.0%-167.8%+229.6%-13.2%+40.1%+25.9%-100.0%
YoY Change+22.7%-24.2%+3.9%+292.7%+49.2%-77.4%-40.5%-199.7%-20.2%-303.4%+62.4%+206.0%+6.8%+298.3%-100.0%+67.4%
Range-$315.00M$852.00M
CAGR+14.0%
Avg YoY Growth+15.3%
Median YoY Growth+5.4%

Frequently Asked Questions

What is Gilead Sciences's income tax?
Gilead Sciences (GILD) reported income tax of $559.00M in Q1 2026.
How has Gilead Sciences's income tax changed year-over-year?
Gilead Sciences's income tax increased by 67.4% year-over-year, from $334.00M to $559.00M.
What is the long-term trend for Gilead Sciences's income tax?
Over 4 years (2021 to 2025), Gilead Sciences's income tax has grown at a -9.5% compound annual growth rate (CAGR), from $2.08B to $1.39B.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.