How Much Did Pfizer Make In 2023

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How Much Did Pfizer Make In 2023 Pfizer annual quarterly gross profit history and growth rate from 2010 to 2024 Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services Pfizer gross profit for the quarter ending December 31 2024 was 11 854B a 69 17 increase year over year Pfizer gross profit for the

Pfizer expects its revenue to decline in 2023 by as much as 33 to a range of 67 billion to 71 billion as the world emerges from the pandemic and demand for its blockbuster Covid drugs slows Pfizer Chairman and CEO Albert Bourla summarizes company performance and achievements in 2023 and previews what s to come as we celebrate 175 years of changing patients lives

How Much Did Pfizer Make In 2023

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Pfizer Inc reported financial results for fourth quarter and full year 2023 and reaffirmed its 2024 financial guidance provided on December 13 2023 In 2023 Pfizer received a record number of Pfizer revenue for the twelve months ending December 31 2024 was 63 627B a 6 84 increase year over year Pfizer annual revenue for 2024 was 63 627B a 6 84 increase from 2023

See the Non GAAP Financial Measure Adjusted Income section of Management s Discussion and Analysis of Financial Condition and Results of Operations in Pfizer s 2023 Annual Report on Form 10 K for an explanation of how management uses these non GAAP measures reconciliations to the most directly comparable U S GAAP measures and additional However with the end of the pandemic and the decrease in COVID 19 vaccinations sales in 2023 dropped to 58 billion dollars In the latest year 2024 Pfizer could again report growing revenues

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In Feb 2023 Pfizer announced financial results for its 2023 fiscal year FY which ended Dec 31 2023 The company reported revenue of 58 5 billion down 41 year over year YOY from 2022 While its 2023 revenue levels were highest yet for any Big Pharma firm its sales fell 41 69 in 2022 to 58 5 billion For 2024 Pfizer anticipates revenues in the same ballpark with Comirnaty and Paxlovid contributing significantly less On a percentage basis Pfizer s stock dipped a similar amount falling 43 46 over 2023

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How Much Did Pfizer Make In 2023 - However with the end of the pandemic and the decrease in COVID 19 vaccinations sales in 2023 dropped to 58 billion dollars In the latest year 2024 Pfizer could again report growing revenues