Financials · JNJ

Johnson & Johnson (JNJ) financials

For the twelve months ended Sep 27, 2026, Johnson & Johnson reported $99.33B of revenue and $16.09B of net income.

Revenue, TTM
$99.33B
Revenue growth, YoY
+7.8%
Net income, TTM
$16.09B
Net income growth, YoY
-35.9%
Net margin
16.2%
Free cash flow, TTM
$20.59B
EPS, diluted, TTM
$6.58
EPS growth, YoY
-36.5%
Cash
$16.91B
Total debt
$44.65B
P/E
41.31
P/S
6.69
Market cap
$664.95B
Annual revenue$94.19B
FY2016FY2025
Annual net income$26.80B
FY2016FY2025
Annual free cash flow$19.70B
FY2016FY2025

JNJ revenue and earnings growth

JNJ revenueQ3 2026$25.40B

Quarter YoY
+5.9%
QoQ
+0.4%
FY YoY
+6.0%
5Y CAGR
+2.7%

JNJ revenue was $25.40B in fiscal Q3 2026 (ended Sep 27, 2026), up 5.9% from a year earlier and up 0.4% from the prior quarter. For the full fiscal 2025 it was $94.19B, up 6.0% from fiscal 2024. Compound annual growth was +2.7% over 5 years. It rose in 8 of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

JNJ net incomeQ3 2026$210.00M

Quarter YoY
-95.9%
QoQ
-96.2%
FY YoY
+90.6%
5Y CAGR
+12.7%
10Y CAGR
+5.7%

JNJ net income was $210.00M in fiscal Q3 2026 (ended Sep 27, 2026), down 95.9% from a year earlier and down 96.2% from the prior quarter. For the full fiscal 2025 it was $26.80B, up 90.6% from fiscal 2024. Compound annual growth was +12.7% over 5 years and +5.7% over 10 years. It rose in 5 of the last 10 fiscal years.

JNJ EPSQ3 2026$0.09

Quarter YoY
-95.8%
QoQ
-96.0%
FY YoY
+90.5%
5Y CAGR
+14.9%
10Y CAGR
+7.2%

JNJ diluted EPS was $0.09 in fiscal Q3 2026 (ended Sep 27, 2026), down 95.8% from a year earlier and down 96.0% from the prior quarter. For the full fiscal 2025 it was $11.03, up 90.5% from fiscal 2024. Compound annual growth was +14.9% over 5 years and +7.2% over 10 years.

JNJ free cash flowQ3 2026$6.36B

Quarter YoY
-20.6%
QoQ
-12.8%
FY YoY
-0.7%
5Y CAGR
-0.5%
10Y CAGR
+2.0%

JNJ free cash flow was $6.36B in fiscal Q3 2026 (ended Sep 27, 2026), down 20.6% from a year earlier and down 12.8% from the prior quarter. For the full fiscal 2025 it was $19.70B, down 0.7% from fiscal 2024. Compound annual growth was -0.5% over 5 years and +2.0% over 10 years. It rose in 6 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Jan 1, 2023
Jan 2, 2022
Jan 3, 2021
Dec 29, 2019
Dec 30, 2018
Dec 31, 2017
Jan 1, 2017
Revenue$94.19B$88.82B$85.16B$79.99B$78.74B$82.58B$82.06B$81.58B$76.45B$71.89B
Cost of revenue$30.26B$27.47B$26.55B$24.60B$23.40B$28.43B$27.56B$27.09B$25.44B$21.79B
Gross profit$63.94B$61.35B$58.61B$55.39B$55.34B$54.16B$54.50B$54.49B$51.01B$50.10B
Research and development$109.00M$1.84B$483.00M$0$0$12.16B$11.36B$10.78B$10.59B$9.14B
Selling, general and admin$23.68B$22.87B$21.51B$20.25B$20.12B$22.08B$22.18B$22.54B$21.52B$20.07B
Interest expense$971.00M$755.00M$772.00M$276.00M$183.00M$201.00M$318.00M$1.00B$934.00M$726.00M
Pre-tax income$32.58B$16.69B$15.06B$19.36B$19.18B$16.50B$17.33B$18.00B$17.67B$19.80B
Income tax$5.78B$2.62B$1.74B$2.99B$1.38B$1.78B$2.21B$2.70B$16.37B$3.26B
Net income$26.80B$14.07B$35.15B$17.94B$20.88B$14.71B$15.12B$15.30B$1.30B$16.54B
EPS, basic$11.13$5.84$13.88$6.83$7.93$5.59$5.72$5.70$0.48$6.04
EPS, diluted$11.03$5.79$13.72$6.73$7.81$5.51$5.63$5.61$0.47$5.93
Diluted shares2.43B2.43B2.56B2.66B2.67B2.67B2.68B2.73B2.75B2.79B

Balance sheet

Balance sheet
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Jan 1, 2023
Jan 2, 2022
Jan 3, 2021
Dec 29, 2019
Dec 30, 2018
Dec 31, 2017
Jan 1, 2017
Cash and equivalents$19.71B$24.11B$21.86B$14.13B$14.49B$13.98B$17.30B$18.11B$17.82B$18.97B
Short-term investments$393.00M$417.00M$1.07B$9.39B$17.12B$11.20B$1.98B$1.58B$472.00M$22.93B
Receivables$17.18B$14.84B$14.87B$14.04B$15.28B$13.58B$14.48B$14.10B$13.49B$11.70B
Inventory$14.19B$12.44B$11.18B$10.27B$10.39B$9.34B$9.02B$8.60B$8.77B$8.14B
Current assets$55.62B$55.89B$53.49B$55.29B$60.98B$51.24B$45.27B$46.03B$43.09B$65.03B
Goodwill$48.77B$44.20B$36.56B$36.05B$25.44B$36.39B$33.64B$30.45B$31.91B$22.80B
Total assets$199.21B$180.10B$167.56B$187.38B$182.02B$174.89B$157.73B$152.95B$157.30B$141.21B
Current liabilities$54.13B$50.32B$46.28B$55.80B$45.23B$42.49B$35.96B$31.23B$30.54B$26.29B
Short-term debt$8.49B$6.00B$3.50B$12.80B$3.80B$2.60B$1.20B$2.80B$3.90B$4.70B
Long-term debt$39.44B$30.65B$25.88B$26.89B$29.98B$32.63B$26.49B$27.68B$30.68B$22.44B
Total debt$47.93B$36.65B$29.38B$39.69B$33.78B$35.23B$27.69B$30.48B$34.58B$27.14B
Total liabilities$117.67B$108.61B$98.78B$110.57B$108.00B$111.62B$98.26B$93.20B$97.14B$70.79B
Shareholders' equity$81.54B$71.49B$68.77B$76.80B$74.02B$63.28B$59.47B$59.75B$60.16B$70.42B

Cash flow

Cash flow
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Jan 1, 2023
Jan 2, 2022
Jan 3, 2021
Dec 29, 2019
Dec 30, 2018
Dec 31, 2017
Jan 1, 2017
Operating cash flow$24.53B$24.27B$22.79B$21.19B$23.41B$23.54B$23.42B$22.20B$21.06B$18.77B
Capital expenditures$4.83B$4.42B$4.54B$4.01B$3.65B$3.35B$3.50B$3.67B$3.28B$3.23B
Free cash flow$19.70B$19.84B$18.25B$17.18B$19.76B$20.19B$19.92B$18.53B$17.78B$15.54B
Investing cash flow-$23.59B-$18.60B$878.00M-$12.37B-$8.68B-$20.82B-$6.19B-$3.17B-$14.87B-$4.76B
Financing cash flow-$5.54B-$3.13B-$15.82B-$8.87B-$14.05B-$6.12B-$18.02B-$18.51B-$7.67B-$8.55B
Share repurchases$5.95B$2.43B$5.05B$6.04B$3.46B$3.22B$6.75B$5.87B$6.36B$8.98B
Stock-based compensation$1.35B$1.18B$1.16B$1.14B$1.14B$1.00B$977.00M$978.00M$962.00M$878.00M
Depreciation and amortization$7.50B$7.34B$7.49B$6.97B$7.39B$7.23B$7.01B$6.93B$5.64B$3.75B

Key ratios

Key ratios
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Jan 1, 2023
Jan 2, 2022
Jan 3, 2021
Dec 29, 2019
Dec 30, 2018
Dec 31, 2017
Jan 1, 2017
Revenue growth, YoY6.0%4.3%6.5%1.6%-4.7%0.6%0.6%6.7%6.3%-
Net income growth, YoY90.6%-60.0%95.9%-14.1%41.9%-2.7%-1.2%1076.7%-92.1%7.3%
EPS growth, YoY90.5%-57.8%103.9%-13.8%41.7%-2.1%0.4%1093.6%-92.1%8.2%
Gross margin67.9%69.1%68.8%69.3%70.3%65.6%66.4%66.8%66.7%69.7%
Net margin28.5%15.8%41.3%22.4%26.5%17.8%18.4%18.8%1.7%23.0%
Free cash flow margin20.9%22.3%21.4%21.5%25.1%24.4%24.3%22.7%23.3%21.6%
Return on equity32.9%19.7%51.1%23.4%28.2%23.3%25.4%25.6%2.2%23.5%
Return on assets13.5%7.8%21.0%9.6%11.5%8.4%9.6%10.0%0.8%11.7%
Current ratio1.031.111.160.991.351.211.261.471.412.47
Debt to equity0.590.510.430.520.460.560.470.510.570.39

Source: XBRL data Johnson & Johnson files with the SEC, latest filing dated Oct 21, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

JNJ peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
JNJ$99.33B+7.8%$16.09B16.2%$664.95B
MRK$67.38B+4.9%$2.45B3.6%$361.71B
NVS$54.53B+8.4%$13.98B25.6%$310.17B
AZN$58.74B+8.6%$10.22B17.4%$289.10B
PFE$63.63B+1.3%$4.03B6.3%$167.49B
UL€50.50B-3.8%€9.47B18.7%$142.19B
GSK£32.67B+4.1%£5.72B17.5%$101.80B

JNJ FAQ

9 questions
  • What is JNJ revenue?
    Johnson & Johnson (JNJ) reported $99.33B of revenue for the twelve months ended Sep 27, 2026. That is up 7.8% from the year before. Revenue for fiscal 2025 was $94.19B.
  • Is JNJ profitable?
    Yes. Johnson & Johnson earned $16.09B in net income for the twelve months ended Sep 27, 2026, a net margin of 16.2%.
  • How much cash and debt does JNJ have?
    Johnson & Johnson reported $16.91B in cash and cash equivalents and $44.65B of debt on its most recent balance sheet in SEC filings.
  • How fast is JNJ revenue growing?
    Johnson & Johnson's revenue changed +6.0% in fiscal 2025, to $94.19B. Its compound annual growth rate was +2.7% over 5 years.
  • What is JNJ gross margin?
    Johnson & Johnson's gross profit was $67.11B on $99.33B of revenue for the twelve months ended Sep 27, 2026, a gross margin of 67.6%.
  • What is JNJ free cash flow?
    Johnson & Johnson generated $20.59B of free cash flow for the twelve months ended Sep 27, 2026, which is operating cash flow of $26.16B less capital expenditures.
  • What is JNJ earnings per share?
    Diluted earnings per share were $6.58 for the twelve months ended Sep 27, 2026, from SEC filings, restated for any stock split those filings show.
  • When did JNJ last report financial results?
    The latest statements here come from Johnson & Johnson's 10-Q filed on Oct 21, 2026, covering the period ended Sep 27, 2026.
  • Where does this JNJ financial data come from?
    Quantisnow builds these statements from the structured XBRL data Johnson & Johnson files with the SEC. It is provided for information only and is not investment advice.