TEVA

Teva Pharmaceutical Industries Limited American Depositary SharesStock · Health Care

$34.81+$0.09 (+0.26%)as of market close, Aug 6, 2026

TEVA financial statements

The full income statement, balance sheet, and cash-flow statement for Teva Pharmaceutical Industries Limited American Depositary Shares (TEVA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 1.13B2024-09 1.13B2024-12 1.13B2025-03 1.15B2025-06 1.15B2025-09 1.15B2025-12 1.15B2026-03 1.16B2026-06 1.17B+2.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	17.3B YoY+4.3%	16.5B YoY+4.4%	15.8B YoY+6.2%	14.9B YoY-6.0%	15.9B YoY-4.7%
	8.94B YoY+10.8%	8.06B YoY+5.5%	7.64B YoY+9.6%	6.97B YoY-8.2%	7.59B YoY-1.7%
Cost of revenue	8.32B YoY-1.9%	8.48B YoY+3.4%	8.20B YoY+3.1%	7.95B YoY-4.0%	8.28B YoY-7.3%
Research & development	1.01B YoY+1.5%	998M YoY+4.7%	953M YoY+872.4%	98.0M YoY-89.9%	967M YoY-3.0%
Selling, general & administrative	1.29B YoY+10.9%	1.16B YoY-0.1%	1.16B YoY-1.5%	1.18B YoY+7.4%	1.10B YoY-6.3%
General & administrative	1.29B YoY+10.9%	1.16B YoY-0.1%	1.16B YoY-1.5%	1.18B YoY+7.4%	1.10B YoY-6.3%
Selling & marketing	2.69B YoY+5.7%	2.54B YoY+8.8%	2.34B YoY+3.1%	2.27B YoY-6.8%	2.43B YoY-2.8%
Restructuring	225M YoY+204.1%	74.0M YoY-33.3%	111M YoY-24.0%	146M YoY+9.8%	133M YoY+10.8%
Amortization of intangibles	581M YoY-1.2%	588M YoY-4.5%	616M YoY-15.8%	732M YoY-8.7%	802M YoY-21.4%
Operating income	2.16B YoY+811.9%	-303M YoY-170.0%	433M YoY+119.7%	-2.20B YoY-228.0%	1.72B YoY+148.0%
Interest expense	916M YoY-8.6%	1.00B YoY-2.6%	1.03B YoY+10.6%	930M YoY+4.4%	891M YoY-1.1%
Other non-operating income	-934M YoY+4.8%	-981M YoY+7.2%	-1.06B YoY-9.4%	-966M YoY+8.7%	-1.06B YoY-26.9%
Equity-method income	15.0M YoY+1400.0%	1.00M YoY-50.0%	2.00M YoY-90.5%	21.0M YoY+133.3%	9.00M YoY-93.5%
Pre-tax income	1.22B YoY+195.2%	-1.28B YoY-105.8%	-624M YoY+80.3%	-3.16B YoY-580.7%	658M YoY+114.9%
Income tax	-180M YoY-126.6%	676M YoY+9757.1%	-7.00M YoY+98.9%	-643M YoY-404.7%	211M YoY+225.6%
	1.41B YoY+186.0%	-1.64B YoY-193.2%	-559M YoY+77.1%	-2.45B YoY-686.6%	417M YoY+110.5%
Net income to non-controlling interest	7.00M YoY+102.2%	-320M YoY-471.4%	-56.0M YoY-5.7%	-53.0M YoY-235.9%	39.0M YoY+135.8%
	$1.21 YoY+183.4%	-$1.45 YoY-190.0%	-$0.50 YoY+77.3%	-$2.20 YoY-678.9%	$0.38 YoY+110.4%
EPS (basic)	$1.23 YoY+184.8%	-$1.45 YoY-190.0%	-$0.50 YoY+77.3%	-$2.20 YoY-678.9%	$0.38 YoY+110.4%
	1.15B YoY+1.2%	1.13B YoY+1.1%	1.12B YoY+0.8%	1.11B YoY+0.7%	1.10B YoY+0.6%
	1.16B YoY+2.8%	1.13B YoY+1.1%	1.12B YoY+0.8%	1.11B YoY+0.3%	1.11B YoY+1.1%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	13.9B YoY+11.1%	12.6B YoY+0.5%	12.5B YoY+3.6%	12.1B YoY-4.2%	12.6B YoY-3.3%
Cash & equivalents	3.56B YoY+7.8%	3.30B YoY+2.3%	3.23B YoY+15.2%	2.80B YoY+29.4%	2.17B YoY-0.6%
Accounts receivable	3.71B YoY+21.2%	3.06B YoY-10.2%	3.41B YoY-7.8%	3.70B YoY-18.4%	4.53B YoY-1.1%
Inventory	3.18B YoY+5.7%	3.01B YoY-25.2%	4.02B YoY+4.9%	3.83B YoY+0.4%	3.82B YoY-13.3%
Prepaid expenses	1.12B YoY+11.5%	1.01B YoY-19.8%	1.25B YoY+8.0%	1.16B YoY+8.1%	1.07B YoY+13.8%
Other current assets	539M YoY+31.8%	409M YoY-18.8%	504M YoY-8.2%	549M YoY-43.1%	965M YoY+35.9%
	40.7B YoY+3.6%	39.3B YoY-9.6%	43.5B YoY-1.2%	44.0B YoY-7.7%	47.7B YoY-5.9%
Property, plant & equipment	4.08B YoY-10.9%	4.58B YoY-20.3%	5.75B YoY+0.2%	5.74B YoY-4.1%	5.98B YoY-5.0%
Operating lease right-of-use	345M YoY-6.0%	367M YoY-7.6%	397M YoY-5.3%	419M YoY-15.4%	495M YoY-11.4%
Goodwill	16.0B YoY+0.0%	16.0B YoY-6.9%	17.2B YoY+0.0%	17.2B YoY-2.6%	17.6B YoY-14.5%
Intangible assets	3.78B YoY-14.4%	4.42B YoY-18.0%	5.39B YoY-14.1%	6.27B YoY-16.0%	7.47B YoY-16.3%
Deferred tax assets	2.19B YoY+21.8%	1.80B YoY-0.7%	1.81B YoY+24.3%	1.46B YoY+144.6%	596M YoY-14.2%
Other non-current assets	405M YoY-12.3%	462M YoY-1.7%	470M YoY+6.6%	441M YoY-14.4%	515M YoY-4.3%
	13.5B YoY+5.2%	12.8B YoY+4.5%	12.2B YoY+6.8%	11.5B YoY+4.0%	11.0B YoY-16.2%
Accounts payable	225M YoY+42.4%	158M YoY+46.3%	108M YoY-94.3%	1.89B YoY+11.9%	1.69B YoY-4.0%
Accrued liabilities	—	—	—	—	23.0M
Short-term & current debt	1.80B YoY+2.3%	1.76B YoY+6.6%	1.65B YoY-20.9%	2.09B YoY+48.7%	1.40B YoY-47.5%
Current lease liability	288M YoY-2.7%	296M YoY-7.5%	320M YoY-8.3%	349M YoY-16.1%	416M YoY-13.2%
Other current liabilities	1.18B YoY+15.9%	1.02B YoY-2.3%	1.04B YoY+3.9%	1.00B YoY+11.3%	903M YoY-3.2%
	32.8B YoY-2.3%	33.6B YoY-4.9%	35.4B YoY-0.2%	35.4B YoY-2.8%	36.4B YoY-8.0%
Long-term debt	16.9B YoY-5.4%	17.8B YoY-10.4%	19.9B YoY-6.5%	21.3B YoY-8.0%	23.1B YoY-9.3%
Non-current lease liability	288M YoY-2.7%	296M YoY-7.5%	320M YoY-8.3%	349M YoY-16.1%	416M YoY-13.2%
Operating lease liability (total)	382M YoY-0.3%	383M YoY-8.2%	417M YoY-5.7%	442M YoY-15.8%	525M YoY-11.8%
Finance lease liability (total)	43.0M YoY+87.0%	23.0M YoY-28.1%	32.0M YoY+45.5%	22.0M YoY-12.0%	25.0M YoY+19.0%
Other non-current liabilities	3.81B YoY-5.5%	4.03B YoY+0.2%	4.02B YoY+1.9%	3.94B YoY+53.0%	2.58B YoY+15.1%
Total non-current liabilities	19.4B YoY-6.9%	20.8B YoY-9.9%	23.1B YoY-3.5%	23.9B YoY-5.7%	25.4B YoY-3.9%
	7.91B YoY+47.2%	5.37B YoY-28.4%	7.51B YoY-3.8%	7.80B YoY-24.1%	10.3B YoY+2.5%
Common stock	58.0M YoY+0.0%	58.0M YoY+1.8%	57.0M YoY+0.0%	57.0M YoY+0.0%	57.0M YoY+0.0%
Additional paid-in capital	28.1B YoY+1.3%	27.8B YoY-0.2%	27.8B YoY+0.4%	27.7B YoY+0.5%	27.6B YoY+0.4%
Retained earnings	-13.8B YoY+9.3%	-15.2B YoY-12.1%	-13.5B YoY-4.3%	-13.0B YoY-23.2%	-10.5B YoY+3.8%
Treasury stock	4.13B YoY+0.0%	4.13B YoY+0.0%	4.13B YoY+0.0%	4.13B YoY+0.0%	4.13B YoY+0.0%
Accumulated other comprehensive income	-2.39B YoY+24.0%	-3.15B YoY-16.7%	-2.70B YoY+5.0%	-2.84B YoY-5.8%	-2.68B YoY-11.8%
Non-controlling interest	4.00M YoY-42.9%	7.00M YoY-98.9%	620M YoY-21.9%	794M YoY-17.8%	966M YoY-6.7%
Total equity incl. non-controlling	7.91B YoY+47.1%	5.38B YoY-33.8%	8.13B YoY-5.5%	8.60B YoY-23.5%	11.2B YoY+1.7%
Total liabilities & equity	40.7B YoY+3.6%	39.3B YoY-9.6%	43.5B YoY-1.2%	44.0B YoY-7.7%	47.7B YoY-5.9%
	1.26B YoY+1.4%	1.24B YoY+1.1%	1.23B YoY+0.8%	1.22B YoY+0.7%	1.21B YoY+0.6%
	1.15B YoY+1.4%	1.13B YoY+1.1%	1.12B YoY+0.9%	1.11B YoY+0.7%	1.10B YoY+0.6%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.65B YoY+32.2%	1.25B YoY-8.8%	1.37B YoY-14.0%	1.59B YoY+99.2%	798M YoY-34.4%
Depreciation & amortization	1.00B YoY-5.4%	1.06B YoY-8.2%	1.15B YoY-11.9%	1.31B YoY-1.7%	1.33B YoY-14.6%
Intangible amortization	581M YoY-1.2%	588M YoY-4.5%	616M YoY-15.8%	732M YoY-8.7%	802M YoY-21.4%
Share-based compensation	157M YoY+27.6%	123M YoY+1.7%	121M YoY-2.4%	124M YoY+4.2%	119M YoY-7.8%
Deferred income taxes	—	-418M YoY-22.9%	-340M YoY+68.3%	-1.07B YoY-1718.6%	-59.0M YoY+83.1%
Change in inventory	152M YoY-8.4%	166M YoY+212.9%	-147M YoY+9.8%	-163M YoY-142.9%	380M YoY+826.8%
Other operating activities	81.0M YoY-85.5%	560M YoY+818.0%	61.0M YoY+167.0%	-91.0M YoY-668.8%	16.0M YoY-84.0%
	737M YoY-6.9%	792M YoY-18.2%	968M YoY+47.6%	656M YoY-56.9%	1.52B YoY+76.5%
Capital expenditure	501M YoY+0.6%	498M YoY-5.3%	526M YoY-4.0%	548M YoY-2.5%	562M YoY-2.8%
Free cash flow	1.15B YoY+53.3%	749M YoY-11.0%	842M YoY-19.2%	1.04B YoY+341.5%	236M YoY-63.0%
Acquisitions	0.00 YoY-100.0%	15.0M	0.00 YoY-100.0%	7.00M	0.00
Sales/maturities of investments	42.0M YoY+5.0%	40.0M	0.00 YoY-100.0%	4.00M YoY-97.7%	172M YoY+1333.3%
Other investing activities	-5.00M YoY-150.0%	-2.00M YoY-140.0%	5.00M	0.00 YoY+100.0%	-1.00M YoY+91.7%
	-2.15B YoY-20.1%	-1.79B YoY+6.4%	-1.91B YoY-28.6%	-1.49B YoY+31.5%	-2.17B YoY-15.2%
Long-term debt issued	2.30B	0.00 YoY-100.0%	2.45B	0.00 YoY-100.0%	4.97B
Long-term debt repaid	4.11B YoY+150.6%	1.64B YoY-60.5%	4.15B YoY+203.3%	1.37B YoY-79.4%	6.65B YoY+255.4%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	0.00	0.00	0.00	0.00	0.00
Other financing activities	41.0M YoY+612.5%	-8.00M YoY+96.2%	-212M YoY-79.7%	-118M YoY-1866.7%	-6.00M YoY-20.0%
FX effect on cash	21.0M YoY+112.1%	-174M YoY-480.0%	-30.0M YoY+75.6%	-123M YoY+3.9%	-128M YoY-1700.0%
Net change in cash	256M YoY+245.9%	74.0M YoY-81.2%	393M YoY-38.2%	636M YoY+2928.6%	21.0M YoY-89.6%
Interest paid	950M YoY-5.4%	1.00B YoY-6.9%	1.08B YoY+13.7%	948M YoY+3.8%	913M YoY+7.9%
Income taxes paid	—	471M YoY+58.1%	298M YoY-45.1%	543M YoY+9.7%	495M YoY-30.2%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	35.9B YoY+43.6%	25.0B YoY+113.5%	11.7B YoY+15.5%	10.1B YoY+14.6%	8.84B YoY-16.5%
P/E	25.5×	—	—	—	21.2×
P/S	2.1× YoY+37.7%	1.5× YoY+97.1%	0.8× YoY+14.5%	0.7× YoY+20.2%	0.6× YoY-12.4%
P/B	4.5× YoY-2.5%	4.7× YoY+175.4%	1.7× YoY+46.2%	1.2× YoY+34.4%	0.9× YoY-18.5%
P/FCF	31.3× YoY-6.3%	33.4× YoY+73.3%	19.2× YoY-2.3%	19.7× YoY-47.4%	37.4× YoY+125.8%
	3.9%	—	—	—	4.7%
	3.2% YoY+6.7%	3.0% YoY-42.3%	5.2% YoY+2.4%	5.1% YoY+90.0%	2.7% YoY-55.7%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: TEVA's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TEVA filings on SEC EDGAR → Not investment advice.