--- title: "Bristol Myers Squibb: Metrics Guide" description: "Bristol Myers Squibb revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/bristol-myers-squibb/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Bristol Myers Squibb: Financial & Operating Metrics Guide ## Direct Answer Bristol Myers Squibb reported revenue of $48.2 billion for the fiscal year ended December 31, 2025, net income of $7.1 billion, according to its SEC filings. Revenue fell 0.2% from the prior year. ## What Are Bristol Myers Squibb's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $48.2 billion | $48.3 billion | $45.0 billion | $46.2 billion | | Operating income | Not reported | Not reported | Not reported | Not reported | | Operating margin | n/a | n/a | n/a | n/a | | Net income | $7.1 billion | -$8.9 billion | $8.0 billion | $6.3 billion | | Net margin | 14.6% | -18.5% | 17.8% | 13.7% | | Operating cash flow | $14.2 billion | $15.2 billion | $13.9 billion | $13.1 billion | | Capital expenditures | $1.3 billion | $1.2 billion | $1.2 billion | $1.1 billion | | Free cash flow | $12.8 billion | $13.9 billion | $12.7 billion | $11.9 billion | Free cash flow (operating cash flow minus capital expenditures) was $12.8 billion against net income of $7.1 billion; cash generation covered reported earnings. ![Bar chart of Bristol Myers Squibb revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $48.2 billion and net income $7.1 billion.](https://www.getswoopr.com/images/charts/bristol-myers-squibb-metrics-revenue-profit.webp) *Bristol Myers Squibb revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Bristol Myers Squibb net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 14.6%.](https://www.getswoopr.com/images/charts/bristol-myers-squibb-metrics-margins.webp) *Bristol Myers Squibb operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Bristol Myers Squibb operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $14.2 billion, capital expenditures was $1.3 billion, free cash flow was $12.8 billion.](https://www.getswoopr.com/images/charts/bristol-myers-squibb-metrics-cash-flow.webp) *Bristol Myers Squibb operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Bristol Myers Squibb's Balance Sheet Show? | Cash and cash equivalents | $10.2 billion | | --- | --- | | Long-term debt | $42.9 billion | | Total assets | $90.0 billion | | Total liabilities | $71.5 billion | | Shareholders' equity | $18.5 billion | | Current ratio | 1.3x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Bristol Myers Squibb reported in its own SEC filings, read from the SEC's XBRL data (accession 0000014272-26-000004 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Bristol Myers Squibb's revenue in fiscal 2025? Bristol Myers Squibb reported revenue of $48.2 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Bristol Myers Squibb's operating margin? Bristol Myers Squibb did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did Bristol Myers Squibb generate? Operating cash flow of $14.2 billion less capital expenditures of $1.3 billion gives free cash flow of $12.8 billion for fiscal 2025. ## References - [SEC EDGAR: BRISTOL MYERS SQUIBB CO Form 10-K filed February 11, 2026](https://www.sec.gov/Archives/edgar/data/14272/000001427226000004/bmy-20251231.htm) - [SEC EDGAR: BRISTOL MYERS SQUIBB CO annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=14272&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Bristol Myers Squibb company dossier](https://www.getswoopr.com/stocks/companies/bristol-myers-squibb/) - [Bristol Myers Squibb financial metrics](https://www.getswoopr.com/stocks/companies/bristol-myers-squibb/metrics/) - [Bristol Myers Squibb financial risk indicators](https://www.getswoopr.com/stocks/companies/bristol-myers-squibb/risks/) - [Bristol Myers Squibb peer comparison](https://www.getswoopr.com/stocks/companies/bristol-myers-squibb/competitors/) - [Bristol Myers Squibb business model and revenue mix](https://www.getswoopr.com/stocks/companies/bristol-myers-squibb/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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