ABBV
$285.42+0.71%
as of close, Oct 16, 2026
☾ AH $285.42 +0.71%
ABBV financial statements
The full income statement, balance sheet, and cash-flow statement for AbbVie Inc. (ABBV), 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 1.77B2024-09 1.77B2024-12 1.77B2025-03 1.77B2025-06 1.77B2025-09 1.77B2025-12 1.77B2026-03 1.77B2026-06 1.77B+0.0% 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.
As-reported fiscal years.
| Line item | Trend | 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 | 61.2B+8.6% | 56.3B+3.7% | 54.3B-6.4% | 58.1B+3.3% | 56.2B+22.7% | |
| Cost of revenue | 18.2B+7.7% | 16.9B-17.2% | 20.4B+17.2% | 17.4B-0.2% | 17.4B+13.4% | |
| Research & development | 9.10B-28.9% | 12.8B+66.7% | 7.67B+17.9% | 6.51B-6.0% | 6.92B+8.5% | |
| Selling, general & administrative | 14.0B-5.0% | 14.8B+14.6% | 12.9B-15.6% | 15.3B+23.6% | 12.3B+9.3% | |
| Amortization of intangibles | 7.38B-3.2% | 7.62B-4.1% | 7.95B+3.3% | 7.69B-0.4% | 7.72B+33.0% | |
| Operating income | 15.1B+65.0% | 9.14B-28.4% | 12.8B-29.6% | 18.1B+1.1% | 17.9B+57.7% | |
| Interest expense | 2.89B+3.0% | 2.81B+26.3% | 2.22B-0.3% | 2.23B-8.0% | 2.42B-1.3% | |
| Other non-operating income | -5.79B-78.8% | -3.24B+30.7% | -4.68B-91.1% | -2.45B+2.1% | -2.50B+55.5% | |
| Pre-tax income | 6.60B+77.5% | 3.72B-40.5% | 6.25B-53.6% | 13.5B+3.8% | 13.0B+282.3% | |
| Income tax | 2.36B+514.7% | -570M-141.4% | 1.38B-15.6% | 1.63B+13.3% | 1.44B+217.6% | |
| 4.23B-1.2% | 4.28B-12.0% | 4.86B-58.9% | 11.8B+2.5% | 11.5B+150.0% | ||
| Net income to non-controlling interest | 7.00M-12.5% | 8.00M-20.0% | 10.0M+11.1% | 9.00M+28.6% | 7.00M+16.7% | |
| Net income to common | 4.19B-1.2% | 4.24B-12.1% | 4.82B-59.1% | 11.8B+2.7% | 11.5B+151.7% | |
| $2.36-1.3% | $2.39-12.1% | $2.72-59.0% | $6.63+2.8% | $6.45+137.1% | ||
| EPS (basic) | $2.37-1.2% | $2.40-12.1% | $2.73-58.9% | $6.65+2.6% | $6.48+137.4% | |
| Weighted-avg shares (basic) | 1.77B+0.0% | 1.77B+0.1% | 1.77B-0.2% | 1.77B+0.1% | 1.77B+6.2% | |
| Weighted-avg shares (diluted) | 1.77B+0.0% | 1.77B+0.0% | 1.77B-0.3% | 1.78B+0.1% | 1.78B+6.2% | |
| Dividends per share | $6.65+5.7% | $6.29+5.0% | $5.99+4.9% | $5.71+7.5% | $5.31+9.7% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 29.1B+13.6% | 25.6B-22.5% | 33.0B+15.9% | 28.5B+1.9% | 27.9B+15.5% | ||
| Cash & equivalents | 5.23B-5.3% | 5.52B-56.9% | 12.8B+39.3% | 9.20B-5.6% | 9.75B+15.4% | |
| Short-term investments | 28.0M-9.7% | 31.0M+1450.0% | 2.00M-92.9% | 28.0M-66.7% | 84.0M+180.0% | |
| Accounts receivable | 12.6B+15.3% | 10.9B-2.1% | 11.2B-0.9% | 11.3B+12.8% | 9.98B+13.1% | |
| Inventory | 4.95B+18.4% | 4.18B+2.0% | 4.10B+14.5% | 3.58B+14.4% | 3.13B-5.5% | |
| Prepaid expenses | 6.29B | — | — | — | — | |
| 134B-0.9% | 135B+0.3% | 135B-2.9% | 139B-5.3% | 147B-2.7% | ||
| Property, plant & equipment | 5.63B+9.6% | 5.13B+2.9% | 4.99B+1.1% | 4.93B-3.4% | 5.11B-2.6% | |
| Operating lease right-of-use | 737M+1.9% | 723M-2.8% | 744M+0.9% | 737M-3.3% | 762M-14.9% | |
| Goodwill | 35.6B+2.0% | 35.0B+8.2% | 32.3B+0.4% | 32.2B-0.7% | 32.4B-2.2% | |
| Intangible assets | 52.6B-12.4% | 60.1B+8.0% | 55.6B-17.5% | 67.4B-11.2% | 76.0B-8.4% | |
| Long-term investments | 268M-3.9% | 279M-8.2% | 304M+26.1% | 241M-13.0% | 277M-5.5% | |
| Other non-current assets | 10.7B+17.3% | 9.14B+7.4% | 8.51B+52.8% | 5.57B+14.1% | 4.88B+0.7% | |
| 43.3B+11.7% | 38.7B+2.4% | 37.8B+28.1% | 29.5B-16.1% | 35.2B+22.8% | ||
| Accounts payable | 3.59B+22.0% | 2.94B-20.1% | 3.69B+25.7% | 2.93B+1.8% | 2.88B+26.6% | |
| Accrued liabilities | 34.7B+8.7% | 31.9B+4.2% | 30.6B+20.7% | 25.4B+11.9% | 22.7B+12.6% | |
| Short-term & current debt | 2.50B | 0.00 | 0.00-100.0% | 1.00M-92.9% | 14.0M-58.8% | |
| Current lease liability | 194M+9.0% | 178M+7.2% | 166M+0.0% | 166M-6.7% | 178M+1.7% | |
| Finance lease liability (current) | 19.0M+11.8% | 17.0M+13.3% | 15.0M-11.8% | 17.0M+88.9% | 9.00M+12.5% | |
| Long-term debt | 64.5B-3.5% | 66.8B+12.8% | 59.2B-6.2% | 63.1B-16.9% | 76.0B-10.6% | |
| Non-current lease liability | 689M-1.1% | 697M-5.2% | 735M-2.5% | 754M+5.8% | 713M-14.3% | |
| Operating lease liability (total) | 883M+0.9% | 875M-2.9% | 901M-2.1% | 920M+3.3% | 891M-11.5% | |
| Finance lease liability (total) | 41.0M+2.5% | 40.0M-4.8% | 42.0M+23.5% | 34.0M+0.0% | 34.0M+17.2% | |
| Finance lease liability | 22.0M-4.3% | 23.0M-14.8% | 27.0M+58.8% | 17.0M-32.0% | 25.0M+19.0% | |
| Deferred tax liabilities | 2.39B-7.4% | 2.58B+32.1% | 1.95B-10.9% | 2.19B-27.2% | 3.01B-17.5% | |
| Other non-current liabilities | 32.6B+8.1% | 30.1B-6.8% | 32.3B+5.5% | 30.7B+6.8% | 28.7B+4.0% | |
| -3.27B-198.3% | 3.33B-67.9% | 10.4B-40.0% | 17.3B+12.0% | 15.4B+17.8% | ||
| Additional paid-in capital | 22.5B+5.4% | 21.3B+5.7% | 20.2B+4.9% | 19.2B+5.1% | 18.3B+5.3% | |
| Retained earnings | -15.5B-96.1% | -7.90B-690.0% | -1.00B-120.9% | 4.78B+53.0% | 3.13B+196.4% | |
| Treasury stock | 9.15B+11.5% | 8.20B+25.5% | 6.53B+42.2% | 4.59B+46.2% | 3.14B+38.8% | |
| Accumulated other comprehensive income | -1.14B+40.6% | -1.93B+16.5% | -2.31B-4.8% | -2.20B+24.1% | -2.90B+7.0% | |
| Non-controlling interest | 42.0M+7.7% | 39.0M+5.4% | 37.0M+12.1% | 33.0M+17.9% | 28.0M+33.3% | |
| Total equity incl. non-controlling | -3.23B-196.0% | 3.36B-67.6% | 10.4B-39.9% | 17.3B+12.0% | 15.4B+17.9% | |
| Total liabilities & equity | 134B-0.9% | 135B+0.3% | 135B-2.9% | 139B-5.3% | 147B-2.7% | |
| Common shares issued | 1.84B+0.4% | 1.83B+0.5% | 1.82B+0.5% | 1.81B+0.6% | 1.80B+0.6% | |
| Shares outstanding (cover) | 1.77B+0.2% | 1.77B-0.1% | 1.77B-0.2% | 1.77B+0.0% | 1.77B+0.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 19.0B+1.2% | 18.8B-17.7% | 22.8B-8.4% | 24.9B+9.5% | 22.8B+29.5% | ||
| Depreciation & amortization | 8.14B-2.9% | 8.39B-3.6% | 8.70B+2.7% | 8.47B-0.6% | 8.52B+31.7% | |
| Intangible amortization | 7.38B-3.2% | 7.62B-4.1% | 7.95B+3.3% | 7.69B-0.4% | 7.72B+33.0% | |
| Share-based compensation | 955M+4.8% | 911M+22.0% | 747M+11.3% | 671M-3.0% | 692M-8.1% | |
| Deferred income taxes | -492M+66.0% | -1.45B+49.8% | -2.89B-49.6% | -1.93B-115.0% | -898M+61.4% | |
| Change in receivables | 1.49B+819.8% | -207M-213.6% | -66.0M-104.5% | 1.46B+10.1% | 1.32B+42.2% | |
| Change in inventory | 234M-26.6% | 319M-23.5% | 417M-39.2% | 686M+383.1% | 142M+255.0% | |
| -6.64B+68.1% | -20.8B-936.3% | -2.01B-222.5% | -623M+73.4% | -2.34B+93.8% | ||
| Capital expenditure | 1.21B+24.6% | 974M+25.4% | 777M+11.8% | 695M-11.7% | 787M-1.4% | |
| Free cash flow | 17.8B-0.1% | 17.8B-19.2% | 22.1B-9.0% | 24.2B+10.3% | 22.0B+31.0% | |
| Acquisitions | 204M-98.8% | 17.5B | 0.00-100.0% | 255M-51.4% | 525M-98.6% | |
| Sales/maturities of investments | 76.0M-86.3% | 555M+909.1% | 55.0M-96.4% | 1.53B+1461.2% | 98.0M-93.6% | |
| Other investing activities | 29.0M+115.3% | -189M-1353.8% | -13.0M+98.3% | -774M-111.5% | -366M+73.6% | |
| -12.7B-144.2% | -5.21B+69.7% | -17.2B+30.6% | -24.8B-30.3% | -19.0B-65.5% | ||
| Long-term debt issued | 3.99B-76.5% | 17.0B | 0.00-100.0% | 2.00B+100.0% | 1.00B-66.7% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 980M-42.6% | 1.71B-13.4% | 1.97B+32.6% | 1.49B+59.2% | 934M-4.5% | |
| Dividends paid | 11.7B+5.7% | 11.0B+4.6% | 10.5B+4.9% | 10.0B+8.4% | 9.26B+20.0% | |
| Other financing activities | 68.0M+19.3% | 57.0M+18.8% | 48.0M+60.0% | 30.0M+25.0% | 24.0M+200.0% | |
| FX effect on cash | 42.0M+164.6% | -65.0M-1400.0% | 5.00M+108.1% | -62.0M+36.1% | -97.0M-1840.0% | |
| Net change in cash | -295M+96.0% | -7.29B-301.8% | 3.61B+762.9% | -545M-142.0% | 1.30B+104.1% | |
| Interest paid | 3.00B+6.8% | 2.81B+13.9% | 2.47B-3.0% | 2.55B-6.1% | 2.71B+3.6% | |
| Income taxes paid | 3.63B-11.6% | 4.10B-12.8% | 4.70B+57.3% | 2.99B-18.1% | 3.65B+117.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 404B+28.8% | 314B+14.7% | 274B-4.3% | 286B+19.3% | 239B+26.6% | |
| P/E | 95.6×+30.4% | 73.3×+74.6% | 42.0×+97.0% | 21.3×+2.7% | 20.7×-49.4% | |
| P/S | 6.6×+18.6% | 5.6×+12.2% | 5.0×+0.4% | 4.9×+16.0% | 4.3×+3.2% | |
| P/B | — | 94.3×+317.0% | 22.6×+26.6% | 17.9×+15.0% | 15.5×+7.4% | |
| P/FCF | 22.7×+28.9% | 17.6×+59.0% | 11.1×-15.1% | 13.0×+19.7% | 10.9×-3.4% | |
| Earnings yield | 1.0%-23.3% | 1.4%-42.7% | 2.4%-49.2% | 4.7%-2.7% | 4.8%+97.6% | |
| FCF yield | 4.4%-22.4% | 5.7%-37.1% | 9.0%+17.8% | 7.7%-16.5% | 9.2%+3.5% | |
| Dividend yield | 2.9%-17.8% | 3.5%-8.4% | 3.9%+9.4% | 3.5%-9.9% | 3.9%-13.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ABBV’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 ABBV filings on SEC EDGAR → Not investment advice.