Income Tax
Eli Lilly Income Tax decreased by 10.7% to $1.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 108.7%, from $696.80M to $1.45B. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 72.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
income_tax_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $203.70M | $135.20M | $113.80M | $150.70M | $138.40M | $113.80M | $158.70M | $184.80M | $325.70M | $484.60M | $319.10M | $293.20M | $550.20M | $618.10M | $628.90M | $696.80M | $1.12B | $1.65B | $1.63B | $1.45B |
| QoQ Change | — | -33.6% | -15.8% | +32.4% | -8.2% | -17.8% | +39.5% | +16.4% | +76.2% | +48.8% | -34.2% | -8.1% | +87.7% | +12.3% | +1.7% | +10.8% | +60.1% | +47.9% | -1.3% | -10.7% |
| YoY Change | — | — | — | — | -32.1% | -15.8% | +39.5% | +22.6% | +135.3% | +325.8% | +101.1% | +58.7% | +68.9% | +27.5% | +97.1% | +137.7% | +102.8% | +166.9% | +158.9% | +108.7% |
Business Segments
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Reportable Segment | $328.55M | $293.20M | $550.20M | $618.10M | $628.90M | $696.80M | $1.12B | $1.65B |
| Total | $319.10M | $293.20M | $550.20M | $618.10M | $628.90M | $696.80M | $1.12B | $1.65B |
Reportable Segment was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Income Tax at Other Companies
Frequently Asked Questions
- What is Eli Lilly's income tax?
- Eli Lilly (LLY) reported income tax of $1.45B in Q1 2026.
- How has Eli Lilly's income tax changed year-over-year?
- Eli Lilly's income tax increased by 108.7% year-over-year, from $696.80M to $1.45B.
- What is the long-term trend for Eli Lilly's income tax?
- Over 4 years (2021 to 2025), Eli Lilly's income tax has grown at a 72.6% compound annual growth rate (CAGR), from $573.80M to $5.09B.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.