GILD · 8-K · 20260804PR000028
Gross Margin Drivers
GILEAD SCIENCES, INC. · 2026-08-04 · Importance 13 · Surprise 6
GAAP product gross margin increased to 79.3% in the second quarter of 2026 from 78.7% in the prior-year quarter. Non-GAAP product gross margin was unchanged at 86.9% year over year. Six-month GAAP product gross margin increased to 79.3% from 77.7%, while six-month non-GAAP product gross margin increased to 87.2% from 86.2%. GAAP cost of goods sold increased 5% to $1.579 billion in the quarter, while non-GAAP cost of goods sold increased 8% to $999 million.