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Operating Income for Johnson & Johnson (JNJ)

According to Johnson & Johnson's latest reported financial statements, the company's current operating income (TTM) is $25.48B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$25.48B

YoY change

+15.6%

5Y CAGR

+5.3%

Peak year (2025)

$25.60B

Cumulative operating income

$486.04B

Operating Income history chart for Johnson & Johnson (JNJ) from 1985 to 2025

Operating Income history table for Johnson & Johnson (JNJ) from 1985 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$25.60B+15.6%
2024$22.15B-5.4%
2023$23.41B+11.4%
2022$21.01B+0.3%
2021$20.94B+6.1%
2020$19.73B-5.9%
2019$20.97B-1.0%
2018$21.18B+12.1%
2017$18.90B-9.5%
2016$20.89B+14.2%
2015$18.29B-13.5%
2014$21.14B+11.5%
2013$18.96B+11.3%
2012$17.03B+5.4%
2011$16.15B-2.3%
2010$16.53B-0.8%
2009$16.66B+3.1%
2008$16.17B+6.3%
2007$15.21B+11.0%
2006$13.71B+6.8%
2005$12.83B+3.8%
2004$12.36B+13.7%
2003$10.87B+12.3%
2002$9.68B+22.7%
2001$7.88B+19.2%
2000$6.62B+10.5%
1999$5.99B+19.0%
1998$5.03B+8.8%
1997$4.62B+7.4%
1996$4.30B+22.6%
1995$3.51B+25.1%
1994$2.81B+17.3%
1993$2.39B+5.1%
1992$2.28B+5.2%
1991$2.16B+8.6%
1990$1.99B+19.9%
1989$1.66B+18.3%
1988$1.40B+16.1%
1987$1.21B+22.9%
1986$983.60M+17.1%
1985$840.00M

Operating Income values are taken from Johnson & Johnson's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, Johnson & Johnson (JNJ) operating income totalled $25.60B – grew 15.6% year-over-year.

Johnson & Johnson operating income has recorded the values shown across consecutive periods, with a +5.3% compound annual growth rate over 2020–2025 (5 years).

The dataset's maximum operating income sits at $25.60B (2025); the minimum reading of $840.00M dates to 1985.

Within Healthcare, Johnson & Johnson (JNJ) ranks 4th among 8 peers we track. The peer median for operating income is $19.53B.

Johnson & Johnson Operating Income by Year

Johnson & Johnson Operating Income 2025: $25.60B

Johnson & Johnson operating income in 2025 was $25.60B, grew 15.6% from 2024. This figure represents the highest annual value in the available history.

Johnson & Johnson Operating Income 2024: $22.15B

Johnson & Johnson operating income in 2024 was $22.15B, declined 5.4% below 2023.

Johnson & Johnson Operating Income 2023: $23.41B

Johnson & Johnson operating income in 2023 was $23.41B, grew 11.4% from 2022.

Johnson & Johnson Operating Income 2022: $21.01B

Johnson & Johnson operating income in 2022 was $21.01B, edged up 0.3% from 2021.

Johnson & Johnson Operating Income 2021: $20.94B

Johnson & Johnson operating income in 2021 was $20.94B.

See more financial history for Johnson & Johnson (JNJ).

Sector peers — Operating Income

Companies in the same sector as Johnson & Johnson, ranked by their latest operating income.

CompanyOperating IncomeSector
Novo Nordisk A/S (NVO)$127.66BHealthcare
Eli Lilly and Company (LLY)$29.70BHealthcare
Merck & Co., Inc. (MRK)$26.78BHealthcare
AbbVie Inc. (ABBV)$20.09BHealthcare
UnitedHealth Group Incorporated (UNH)$18.96BHealthcare
AstraZeneca PLC (AZN)$13.74BHealthcare
Amgen Inc. (AMGN)$10.68BHealthcare
Thermo Fisher Scientific Inc. (TMO)$8.11BHealthcare

Frequently asked questions

What is Johnson & Johnson's operating income?

Latest reported operating income for Johnson & Johnson (JNJ) is $25.48B (period ending March 31, 2026).

How has Johnson & Johnson operating income changed year-over-year?

Johnson & Johnson (JNJ) operating income changed +15.6% year-over-year on the latest annual filing.

What is the long-term growth rate of Johnson & Johnson operating income?

Johnson & Johnson (JNJ) operating income compound annual growth rate is +5.3% over the most recent 5 years available.

When did Johnson & Johnson operating income hit its highest annual value?

Johnson & Johnson operating income reached its highest annual value of $25.60B in 2025.

What was Johnson & Johnson operating income in 2024?

Johnson & Johnson (JNJ) operating income in 2024 was $22.15B.

What was Johnson & Johnson operating income in 2025?

Johnson & Johnson (JNJ) operating income in 2025 was $25.60B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.