Galapagos NV (GLPG) Income Statement: Revenue & Earnings

Galapagos NV Income Statement Analysis

Revenue, earnings, and profit margins in millions EUR

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Galapagos NV income statement - Annual data in millions EUR
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	275.65	239.72	505.28	234.38	478.05	834.90	278.67
Cost of Revenue	34.86	241.29	-12.08	320.50	523.67	427.32	322.88
Gross Profit	240.79	239.72	493.20	-86.12	-45.61	417.67	-34.04
Operating Expenses
Research & Development	335.46	241.29	515.08	491.71	523.67	420.09	316.22
Selling, General & Administrative	96.88	94.25	292.49	131.52	185.23	87.35	32.91
Operating Expenses	429.12	327.99	807.57	85.45	133.02	466.15	325.75
Operating Income	-188.34	-88.26	-314.37	-171.57	-178.63	368.75	-47.08
Other Income/Expense
Interest Income	89.77	79.61	18.09	2.87	10.03	14.31	5.22
Interest Expense	0.91	1.77	-6.88	-11.59	-9.39	1.27	0.78
Other Income/Expense	185.25	16.25	-98.32	2.39	-25.98	-226.32	11.79
Income
Income Before Tax	-3.09	5.63	-215.15	-119.40	-309.78	148.53	-31.42
Income Tax Expense	-1.80	9.61	2.84	1.39	1.23	-0.17	0.82
Net Income	74.08	211.70	-435.98	-103.23	-305.44	149.85	-29.26
Net Income - Continuous Operations	74.08	-3.99	-71.42	-120.79	0.00	0.00	0.00
Net Income - Discontinued Operations	75.36	215.69	-146.57	17.56	0.00	0.00	0.00
EBITDA	43.33	51.04	-222.11	-163.26	-170.67	162.24	-25.56
EBIT	-2.17	7.40	-222.11	-171.57	-178.63	149.79	-30.64
Depreciation & Amortization	45.50	16.09	65.57	8.31	7.96	1.42	0.45
Earnings Per Share
Basic EPS	1.00	3.00	-3.00	-2.00	-5.00	3.00	-1.00
Diluted EPS	1.00	3.00	-3.00	-2.00	-5.00	2.00	-1.00
Basic Shares Outstanding	66.14	65.88	65.70	65.50	65.08	57.61	52.11
Diluted Shares Outstanding	66.14	65.88	131.32	65.50	65.08	60.11	52.11