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ELAN
Elanco Animal Health IncorporatedStock · Health Care
$22.51+$0.38 (+1.72%)as of market close, Aug 13, 2026
☾ After hours:$22.51+0.00%3:59 PM ET
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How Elanco Animal Health makes money

Period

How does Elanco Animal Health make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Elanco Animal Health Incorporated · FY2025 · year ended 2025-12-31
Revenue$4.7BNet loss$224M · 5%Cost of revenue$2.1B · 45%Gross profit$2.6B · 55%Operating expenses$1.8B · 38%R&D$368M · 8%SG&A$1.4B · 30%Other expense$1.0B · 22%Pet Health$2.3B · 49%Cattle$1.1B · 24%Poultry$858M · 18%Swine$379M · 8%Contract Manufacturing$53M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.