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GILEAD SCIENCES, INC.

GILD · Biological Products, (No Diagnostic Substances) · 1.24B shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $234M (gross $1.0B, SBC $766M)

Reference price $123.42 · est. market cap ~$153.2B — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

A85

Wide-moat HIV/virology franchise with top-decile cash generation and margins, lightly de-risked by a positive Phase 3 readout despite some oncology misses.

Strengths

Risks

Notable findings

Quarterly revenue

2025-06-30 · $7.1B2025-09-30 · $7.8B2025-12-31 · $7.9B2026-03-31 · $7.0B

Last 4 quarters · from SEC filings.

Key metrics

Gross margin
78.8%
Operating margin
34.0%
Net margin
28.9%
Return on equity
37.5%
Return on assets
14.4%
ROIC
16.6%
Revenue growth (QoQ)
-12.2%
Debt / equity
1.1×
Current ratio
1.6×
Free cash flow
$9.5B
Tangible book value
-$2.6B
Stock comp / revenue
3.0%

Insider transactions · last 18 months

DateInsiderTypeSharesPrice
2026-06-15Mercier JohannaSell1.5K$123.42
2026-06-15Mercier JohannaSell450$125.40
2026-06-15Mercier JohannaSell1.1K$124.00
2026-06-15Dickinson Andrew DSell3.0K$125.40
2026-06-10Mercier JohannaTax withheld1.3K$121.48
2026-06-10Berger DietmarOption exercise533
2026-06-10Berger DietmarTax withheld263$121.48
2026-06-10O'Day Daniel PatrickOption exercise8.8K
2026-06-10Dickinson Andrew DOption exercise2.8K
2026-06-10Dickinson Andrew DTax withheld1.3K$121.48
2026-06-10O'Day Daniel PatrickTax withheld4.2K$121.48
2026-06-10Cain Wettan Keeley MOption exercise589
2026-06-10Cain Wettan Keeley MTax withheld283$121.48
2026-06-10Mercier JohannaOption exercise2.8K
2026-06-01O'Day Daniel PatrickSell11K$131.10
2026-06-01O'Day Daniel PatrickSell3.1K$132.22
2026-06-01O'Day Daniel PatrickSell1.0K$132.97
2026-05-15Mercier JohannaOption exercise25K$66.64
2026-05-15Mercier JohannaSell7.7K$130.29
2026-05-15Mercier JohannaSell11K$131.19
2026-05-15Mercier JohannaSell8.4K$132.23
2026-05-15Mercier JohannaSell700$132.75
2026-05-15Dickinson Andrew DSell3.0K$132.27
2026-04-30Bluestone JeffreyGrant1.1K
2026-04-30Horning SandraGrant1.1K
2026-04-30MANWANI HARISHGrant1.1K
2026-04-30MANWANI HARISHTax withheld224$130.84
2026-04-30Rodriguez JavierGrant1.1K
2026-04-30WELTERS ANTHONYGrant1.1K
2026-04-30LOVE TED WGrant1.1K
2026-04-30BARTON JACQUELINE KGrant1.1K
2026-04-28O'Day Daniel PatrickSell7.0K$128.79
2026-04-28O'Day Daniel PatrickSell3.0K$130.01
2026-04-15Mercier JohannaSell3.0K$140.96
2026-04-15Dickinson Andrew DSell3.0K$140.96
2026-03-27O'Day Daniel PatrickSell10K$136.82
2026-03-16Mercier JohannaSell3.0K$144.23
2026-03-16Dickinson Andrew DSell3.0K$144.23
2026-03-10Cain Wettan Keeley MOption exercise1.2K
2026-03-10Cain Wettan Keeley MTax withheld606$148.56
2026-03-10Mercier JohannaOption exercise6.6K
2026-03-10Mercier JohannaTax withheld3.2K$148.56
2026-03-10Berger DietmarOption exercise2.1K
2026-03-10Berger DietmarTax withheld1.1K$148.56
2026-03-10O'Day Daniel PatrickOption exercise20K
2026-03-10O'Day Daniel PatrickTax withheld9.8K$148.56
2026-03-10Dickinson Andrew DOption exercise6.5K
2026-03-10Dickinson Andrew DTax withheld3.1K$148.56
2026-02-27O'Day Daniel PatrickSell100$145.71
2026-02-27Cain Wettan Keeley MGrant470
2026-02-27Mercier JohannaGrant11K
2026-02-27Berger DietmarGrant8.5K
2026-02-27O'Day Daniel PatrickGrant38K
2026-02-27O'Day Daniel PatrickSell3.5K$144.04
2026-02-27O'Day Daniel PatrickSell6.4K$145.18
2026-02-27Dickinson Andrew DGrant11K
2026-02-17Mercier JohannaOption exercise25K$66.64
2026-02-17Mercier JohannaSell18K$154.18
2026-02-17Mercier JohannaSell9.4K$154.91
2026-02-17Mercier JohannaSell200$155.62
2026-02-17Dickinson Andrew DSell3.0K$154.43
2026-02-05O'Day Daniel PatrickOption exercise116K$66.01
2026-02-05O'Day Daniel PatrickSell116K$150.00
2026-02-03Mercier JohannaGrant45K
2026-02-03Mercier JohannaTax withheld25K$143.28
2026-02-03O'Day Daniel PatrickGrant132K
2026-02-03O'Day Daniel PatrickTax withheld74K$143.28
2026-02-03Dickinson Andrew DGrant45K
2026-02-03Dickinson Andrew DTax withheld25K$143.28
2026-01-28O'Day Daniel PatrickSell5.0K$139.54
2026-01-28O'Day Daniel PatrickSell5.0K$140.24
2026-01-23O'Day Daniel PatrickOption exercise116K$66.01
2026-01-23O'Day Daniel PatrickSell116K$135.00
2026-01-20Bluestone JeffreyOption exercise5.0K$67.45
2026-01-20Bluestone JeffreySell5.0K$123.50
2026-01-15Mercier JohannaSell3.0K$124.31
2026-01-15Dickinson Andrew DSell3.0K$124.31
2026-01-02Berger DietmarOption exercise16K
2026-01-02Berger DietmarTax withheld6.9K$121.60
2025-12-29O'Day Daniel PatrickSell10K$124.83
2025-12-15Mercier JohannaSell3.0K$122.00
2025-12-15Dickinson Andrew DSell3.0K$122.00
2025-12-10Mercier JohannaOption exercise3.8K
2025-12-10Mercier JohannaTax withheld1.8K$121.34
2025-12-10O'Day Daniel PatrickOption exercise10K
2025-12-10O'Day Daniel PatrickTax withheld4.9K$121.34
2025-12-10Dickinson Andrew DOption exercise3.7K
2025-12-10Dickinson Andrew DTax withheld1.7K$121.34
2025-11-28Bluestone JeffreySell5.0K$125.08
2025-11-28O'Day Daniel PatrickSell3.2K$125.91
2025-11-28Bluestone JeffreyOption exercise5.0K$64.92
2025-11-28O'Day Daniel PatrickSell6.8K$126.84
2025-11-28Kramer Kelly A.Option exercise2.8K$81.00
2025-11-28Kramer Kelly A.Sell2.8K$127.10
2025-11-26Kramer Kelly A.Option exercise2.8K$81.00
2025-11-26Kramer Kelly A.Sell2.8K$127.11
2025-11-17Mercier JohannaSell2.5K$126.26
2025-11-17Mercier JohannaOption exercise25K$66.64
2025-11-17Mercier JohannaSell26K$125.83
2025-11-17Dickinson Andrew DSell2.5K$125.23
2025-11-12Telman Deborah HOption exercise17K$75.12
2025-11-12Telman Deborah HSell17K$124.00
2025-11-12Telman Deborah HOption exercise36K$60.75
2025-11-12Telman Deborah HSell36K$122.30
2025-11-12Telman Deborah HOption exercise500$60.75
2025-11-12Telman Deborah HSell500$122.90
2025-10-28O'Day Daniel PatrickSell8.0K$119.54
2025-10-28O'Day Daniel PatrickSell2.0K$118.82
2025-10-25Telman Deborah HTax withheld241$120.94
2025-10-25Telman Deborah HOption exercise515
2025-10-15Dickinson Andrew DSell2.5K$118.08
2025-10-15Mercier JohannaSell3.0K$118.08
2025-09-29O'Day Daniel PatrickSell8.0K$111.47
2025-09-29O'Day Daniel PatrickSell2.0K$112.42
2025-09-15Mercier JohannaSell3.0K$113.57
2025-09-15Dickinson Andrew DSell2.5K$113.57
2025-09-10Telman Deborah HOption exercise1.3K
2025-09-10Telman Deborah HTax withheld634$115.25
2025-09-10Mercier JohannaOption exercise3.8K
2025-09-10Mercier JohannaTax withheld1.8K$115.25
2025-09-10O'Day Daniel PatrickOption exercise10K
2025-09-10O'Day Daniel PatrickTax withheld4.9K$115.25
2025-09-10Wilfong Diane E.Option exercise921
2025-09-10Wilfong Diane E.Tax withheld338$115.25
2025-09-10Dickinson Andrew DOption exercise3.7K
2025-09-10Dickinson Andrew DTax withheld1.8K$115.25
2025-08-28O'Day Daniel PatrickSell10K$113.63
2025-08-15Dickinson Andrew DSell2.5K$118.53
2025-08-15Mercier JohannaOption exercise12K$66.64
2025-08-15Mercier JohannaSell12K$118.50
2025-08-15Mercier JohannaOption exercise700$66.64
2025-08-15Mercier JohannaSell700$118.97
2025-08-15Mercier JohannaOption exercise12K$66.64
2025-08-15Mercier JohannaSell12K$118.51
2025-08-15Mercier JohannaOption exercise700$66.64
2025-08-15Mercier JohannaSell700$118.97
2025-08-15Mercier JohannaSell2.8K$118.51
2025-08-15Mercier JohannaSell200$118.97
2025-07-28O'Day Daniel PatrickSell1.7K$113.17
2025-07-28O'Day Daniel PatrickSell8.3K$114.09
2025-07-25Telman Deborah HOption exercise514
2025-07-25Telman Deborah HOption exercise8.2K
2025-07-25Telman Deborah HTax withheld3.8K$116.20
2025-07-15Mercier JohannaSell3.0K$111.03
2025-07-15Dickinson Andrew DSell2.5K$111.03
2025-07-14Bluestone JeffreyOption exercise5.0K$67.45
2025-07-14Bluestone JeffreySell5.0K$109.74
2025-06-30O'Day Daniel PatrickSell9.4K$110.40
2025-06-30O'Day Daniel PatrickSell600$111.15
2025-06-16Dickinson Andrew DSell2.5K$110.17
2025-06-16Mercier JohannaSell3.0K$110.17
2025-06-10Wilfong Diane E.Option exercise920
2025-06-10Wilfong Diane E.Tax withheld340$110.09
2025-06-10Telman Deborah HOption exercise1.3K
2025-06-10Telman Deborah HTax withheld430$110.09
2025-06-10Mercier JohannaOption exercise3.8K
2025-06-10Mercier JohannaTax withheld1.8K$110.09
2025-06-10O'Day Daniel PatrickOption exercise10K
2025-06-10O'Day Daniel PatrickTax withheld5.0K$110.09
2025-06-10Dickinson Andrew DOption exercise3.7K
2025-06-10Dickinson Andrew DTax withheld1.8K$110.09
2025-05-30O'Day Daniel PatrickSell6.4K$110.11
2025-05-30O'Day Daniel PatrickSell3.6K$110.96
2025-05-22Mercier JohannaSell12K$107.52
2025-05-22Mercier JohannaOption exercise12K$66.64
2025-05-22Mercier JohannaOption exercise12K$66.64
2025-05-22Mercier JohannaSell12K$107.52
2025-05-22Mercier JohannaSell3.0K$107.52
2025-05-15Dickinson Andrew DSell2.5K$99.82
2025-05-07WELTERS ANTHONYGrant1.5K
2025-05-07Rodriguez JavierGrant1.5K
2025-05-07LOVE TED WGrant1.5K
2025-05-07BARTON JACQUELINE KGrant1.5K
2025-05-07MANWANI HARISHTax withheld296$98.90
2025-05-07Horning SandraGrant1.5K
2025-05-07MANWANI HARISHGrant1.5K
2025-04-25Telman Deborah HOption exercise514
2025-04-25Telman Deborah HTax withheld158$103.17
2025-04-15Dickinson Andrew DSell2.5K$106.40
2025-03-17Dickinson Andrew DSell2.5K$110.53
2025-03-10Patterson SandraOption exercise2.0K
2025-03-10Patterson SandraTax withheld624$117.21
2025-03-10Dickinson Andrew DOption exercise13K$63.91
2025-03-10Mercier JohannaOption exercise8.1K
2025-03-10Mercier JohannaTax withheld3.9K$117.21
2025-03-10O'Day Daniel PatrickOption exercise24K
2025-03-10O'Day Daniel PatrickTax withheld12K$117.21
2025-03-10Telman Deborah HOption exercise3.3K
2025-03-10Telman Deborah HTax withheld1.1K$117.21
2025-03-10Dickinson Andrew DOption exercise4.9K$63.91
2025-03-10Dickinson Andrew DSell4.9K$117.30
2025-03-10Dickinson Andrew DSell13K$118.50
2025-03-10Dickinson Andrew DOption exercise8.0K
2025-03-10Dickinson Andrew DTax withheld3.9K$117.21
2025-02-18Dickinson Andrew DSell2.5K$104.09
2025-02-18GILEAD SCIENCES, INC.Buy1.4M$11.00
2025-02-12Dickinson Andrew DOption exercise26K$57.92
2025-02-12Dickinson Andrew DOption exercise16K$80.72
2025-02-12Dickinson Andrew DOption exercise18K$83.49
2025-02-12Dickinson Andrew DSell138K$102.22
2025-02-12Dickinson Andrew DOption exercise78K$63.91
2025-02-04Patterson SandraGrant709
2025-02-04O'Day Daniel PatrickGrant60K
2025-02-04O'Day Daniel PatrickGrant164K
2025-02-04O'Day Daniel PatrickTax withheld108K$97.99
2025-02-04Mercier JohannaGrant20K
2025-02-04Mercier JohannaGrant71K
2025-02-04Mercier JohannaTax withheld46K$97.99
2025-02-04Dickinson Andrew DGrant20K
2025-02-04Dickinson Andrew DGrant65K
2025-02-04Dickinson Andrew DTax withheld43K$97.99
2025-02-04Telman Deborah HGrant12K
2025-01-31Dickinson Andrew DOption exercise44K$65.38
2025-01-31Dickinson Andrew DOption exercise26K$57.92
2025-01-31Dickinson Andrew DSell142K$97.22
2025-01-31Dickinson Andrew DOption exercise72K$72.34
2025-01-25Telman Deborah HOption exercise515
2025-01-25Telman Deborah HTax withheld187$93.07
2025-01-15Dickinson Andrew DSell2.5K$91.35

All non-derivative Form 4 activity (SEC), newest first.

Clinical trials

TrialTitlePhaseStatusPrimary completion
NCT05633667 ↗Study of Novel Treatment Combinations in Patients With Lung Cancer
Lung Cancer, Advanced or Metastatic Non-Small-Cell Lung Cancer
PHASE2Active Not Recruiting2029-09-01
NCT05502237 ↗Zimberelimab and Domvanalimab in Combination With Chemotherapy Versus Pembrolizumab With Chemotherapy in Patients With Untreated Metastatic Non-Small Cell Lung Cancer
Non-small Cell Lung Cancer
PHASE3Active Not Recruiting2028-06-01
NCT05676931 ↗Study With Various Immunotherapy Treatments in Participants With Lung Cancer
Advanced Non-Small Cell Lung Cancer
PHASE2Active Not Recruiting2027-12-01
NCT05633654 ↗Study of Sacituzumab Govitecan-hziy and Pembrolizumab Versus Treatment of Physician's Choice in Patients With Triple Negative Breast Cancer Who Have Residual Invasive Disease After Surgery and Neoadjuvant Therapy (ASCENT-05/AFT-65 OptimICE-RD/GBG 119/NSABP B-63)
Triple Negative Breast Cancer
PHASE3Recruiting2027-06-01
NCT06727565 ↗Study of Novel Treatment Combination Therapies in Participants With Head and Neck Squamous Cell Carcinoma Regardless of PD-L1 Expression Status; Substudy-01
Head and Neck Squamous Cell Carcinoma
PHASE2Active Not Recruiting2026-08-01
NCT04891770 ↗Study to Evaluate the Safety and Efficacy of Selgantolimod (SLGN)-Containing Combination Therapies for the Treatment of Chronic Hepatitis B (CHB)
Chronic Hepatitis B
PHASE2Completed2024-01-23
NCT03434353 ↗Study to Evaluate the Safety and Antiviral Activity of Inarigivir Soproxil (Formerly: GS-9992) Plus Tenofovir Alafenamide (TAF) for 12 Weeks in Adults With Chronic Hepatitis B (CHB)
Chronic Hepatitis B
PHASE2Terminated2020-01-20
NCT01435044 ↗Safety Study of Regimens of Sofosbuvir, GS-0938, and Ribavirin in Patients With Chronic Hepatitis C Infection
Hepatitis C, Chronic
PHASE2Completed2013-04-01
NCT00757237 ↗Aztreonam for Inhalation Solution vs Tobramycin Inhalation Solution in Patients With Cystic Fibrosis & Pseudomonas Aeruginosa
Cystic Fibrosis
PHASE3Completed2010-05-01
NCT00208299 ↗ADVANCE MPI 1: Study of Regadenoson Versus Adenoscan® in Patients Undergoing Myocardial Perfusion Imaging (MPI)
Coronary Artery Disease
PHASE3Completed2006-08-01
NCT00208312 ↗ADVANCE MPI 2: Study of Regadenoson Versus Adenoscan® in Patients Undergoing Myocardial Perfusion Imaging (MPI)
Coronary Artery Disease
PHASE3Completed2005-06-01
NCT01055847 ↗Aztreonam for Inhalation (AI) in Patients With Cystic Fibrosis & P. Aeruginosa Infection
Cystic Fibrosis, CF
PHASE2Completed2004-08-01

Source: ClinicalTrials.gov (U.S. NIH) · active studies first.

Supply chain

Named in the 10-K; linked when we track them.

Notable events (8-K)

DateItems
2026-05-20Material agreementDebt obligationOtherExhibitsfiling ↗
2026-05-07ResultsExhibitsfiling ↗
2026-05-04Shareholder voteExhibitsfiling ↗
2026-04-28Reg FDOtherExhibitsfiling ↗
2026-02-23Material agreementReg FDExhibitsfiling ↗
2026-02-10ResultsExhibitsfiling ↗
2025-11-19Exec/director changefiling ↗
2025-10-30ResultsExhibitsfiling ↗

Recent filings

FormFiledPeriodAccession
8-K2026-05-202026-05-140001104659-26-064518 ↗
10-Q2026-05-072026-03-310000882095-26-000024 ↗
8-K2026-05-072026-05-070000882095-26-000022 ↗
8-K2026-05-042026-04-300000882095-26-000008 ↗
8-K2026-04-282026-04-280001104659-26-049874 ↗
10-K2026-02-242025-12-310000882095-26-000006 ↗
8-K2026-02-232026-02-220001104659-26-018314 ↗
8-K2026-02-102026-02-100000882095-26-000003 ↗
8-K2025-11-192025-11-150001104659-25-113968 ↗
10-Q2025-11-072025-09-300000882095-25-000047 ↗
8-K2025-10-302025-10-300000882095-25-000044 ↗
8-K2025-10-062025-10-060000882095-25-000041 ↗