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Johnson & Johnson reported revenue of $94.2 billion for the fiscal year ended December 28, 2025, net income of $26.8 billion, according to its SEC filings. Revenue grew 6.0% from the prior year.

What Are Johnson & Johnson's Key Financial Figures?

Fiscal yearFY2025
ended December 28, 2025
FY2024
ended December 29, 2024
FY2023
ended December 31, 2023
FY2022
ended January 1, 2023
Revenue$94.2 billion$88.8 billion$85.2 billion$80.0 billion
Operating incomeNot reportedNot reportedNot reportedNot reported
Operating marginn/an/an/an/a
Net income$26.8 billion$14.1 billion$35.2 billion$17.9 billion
Net margin28.5%15.8%41.3%22.4%
Operating cash flow$24.5 billion$24.3 billion$22.8 billion$21.2 billion
Capital expenditures$4.8 billion$4.4 billion$4.5 billion$4.0 billion
Free cash flow$19.7 billion$19.8 billion$18.2 billion$17.2 billion

Free cash flow (operating cash flow minus capital expenditures) was $19.7 billion against net income of $26.8 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.

Bar chart of Johnson & Johnson revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $94.2 billion and net income $26.8 billion.
Johnson & Johnson 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 Johnson & Johnson net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 28.5%.
Johnson & Johnson 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 Johnson & Johnson operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $24.5 billion, capital expenditures was $4.8 billion, free cash flow was $19.7 billion.
Johnson & Johnson operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.

What Does Johnson & Johnson's Balance Sheet Show?

Cash and cash equivalents$19.7 billion
Long-term debt$39.4 billion
Total assets$199 billion
Total liabilities$118 billion
Shareholders' equity$81.5 billion
Current ratio1.0x

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 Johnson & Johnson reported in its own SEC filings, read from the SEC's XBRL data (accession 0000200406-26-000016 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 Johnson & Johnson's revenue in fiscal 2025?

Johnson & Johnson reported revenue of $94.2 billion for the fiscal year ended December 28, 2025, according to its SEC filings.

What is Johnson & Johnson's operating margin?

Johnson & Johnson 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 Johnson & Johnson generate?

Operating cash flow of $24.5 billion less capital expenditures of $4.8 billion gives free cash flow of $19.7 billion for fiscal 2025.

References

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