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Sankey diagram of Bristol Myers Squibb Company. A complete text table follows the diagram.
Newer oncology, hematology and cardiovascular therapies now supply more than half of revenue, while Eliquis growth cushions steep declines across older brands
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Legacy excluding Eliquis is $1,125M: reported Legacy Portfolio revenue less Eliquis and the reported $15M negative other-revenue item. A $1M reporting-rounding node reconciles displayed statement lines.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Growth Portfolio | 1 | $6.2B | 54.2% of revenue · +12% |
| Eliquis | 1 | $4.1B | Largest medicine · +16% |
| Other legacy medicines | 1 | $1.1B | Net of reported other-revenue item |
| Total revenue | 2 | $11.5B | 3% year-over-year growth |
| Statement rounding | 2 | $1M | Displayed-line reconciliation |
| Earnings before tax | 3 | $3.2B | 28.2% pretax margin |
| Cost of products sold | 3 | $3.4B | Manufacturing, royalties and alliances |
| SG&A | 3 | $1.6B | Commercial and corporate operations |
| R&D | 3 | $2.6B | 23.1% of revenue |
| Acquired IPR&D | 3 | $94M | External pipeline investment |
| Acquired-intangible amortization | 3 | $437M | Acquisition accounting |
| Other expense | 3 | $32M | Other items, net |
| Net earnings | 4 | $2.7B | After tax and rounding |
| Income tax | 4 | $561M | 17.3% effective rate |
| Statement rounding | 4 | $1M | Displayed-line reconciliation |
| Earnings attributable to BMS | 5 | $2.7B | $1.31 diluted EPS |
| Noncontrolling interest | 5 | $1M | Minority ownership |
| From | To | Value |
|---|---|---|
| Growth Portfolio | Total revenue | $6.2B |
| Eliquis | Total revenue | $4.1B |
| Other legacy medicines | Total revenue | $1.1B |
| Total revenue | Earnings before tax | $3.2B |
| Statement rounding | Earnings before tax | $1M |
| Total revenue | Cost of products sold | $3.4B |
| Total revenue | SG&A | $1.6B |
| Total revenue | R&D | $2.6B |
| Total revenue | Acquired IPR&D | $94M |
| Total revenue | Acquired-intangible amortization | $437M |
| Total revenue | Other expense | $32M |
| Earnings before tax | Net earnings | $2.7B |
| Earnings before tax | Income tax | $561M |
| Earnings before tax | Statement rounding | $1M |
| Net earnings | Earnings attributable to BMS | $2.7B |
| Net earnings | Noncontrolling interest | $1M |