Abbott Laboratories (ABT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 11.16B | 11.46B | 11.37B | 11.14B | 10.36B | 10.97B | 10.63B | 10.38B | 9.96B | 10.24B | 10.14B | 9.98B | 9.75B | 10.09B | 10.41B | 11.26B | 11.89B | 11.47B | 10.93B | 10.22B |
| Revenue Growth % | 7.78% | 4.42% | 6.9% | 7.37% | 3.95% | 7.16% | 4.85% | 4% | 2.23% | 1.49% | -2.56% | -11.36% | -18.06% | -12.01% | -4.74% | 10.11% | 13.76% | 7.17% | 23.44% | 39.51% |
| Cost of Goods Sold | 4.88B | 4.92B | 5.03B | 4.85B | 4.91B | 5.38B | 5.21B | 5.07B | 4.94B | 4.98B | 5.11B | 5.03B | 4.94B | 5.12B | 5.2B | 5.48B | 5.53B | 5.26B | 4.87B | 4.85B |
| COGS % of Revenue | 43.72% | 42.95% | 44.25% | 43.56% | 47.44% | 48.99% | 48.98% | 48.88% | 49.6% | 48.66% | 50.37% | 50.44% | 50.7% | 50.74% | 49.96% | 48.71% | 46.46% | 45.86% | 44.55% | 47.42% |
| Gross Profit | 6.28B | 6.54B | 6.34B | 6.29B | 5.44B | 5.6B | 5.43B | 5.3B | 5.02B | 5.26B | 5.03B | 4.95B | 4.8B | 4.97B | 5.21B | 5.77B | 6.37B | 6.21B | 6.06B | 5.38B |
| Gross Margin % | 56.28% | 57.05% | 55.75% | 56.44% | 52.56% | 51.01% | 51.02% | 51.12% | 50.4% | 51.34% | 49.63% | 49.56% | 49.3% | 49.26% | 50.04% | 51.29% | 53.54% | 54.14% | 55.45% | 52.58% |
| Gross Profit Growth % | 15.41% | 16.77% | 16.81% | 18.53% | 8.4% | 6.47% | 7.79% | 7.28% | 4.52% | 5.77% | -3.36% | -14.36% | -24.56% | -19.94% | -14.04% | 7.42% | 14.34% | 9.18% | 39.89% | 54.41% |
| Operating Expenses | 4.44B | 4.29B | 4.31B | 4.24B | 3.76B | 3.61B | 3.61B | 3.62B | 3.64B | 3.39B | 3.36B | 3.43B | 3.4B | 3.53B | 3.51B | 3.44B | 3.48B | 3.76B | 3.44B | 3.38B |
| OpEx % of Revenue | 39.78% | 37.4% | 37.89% | 38.02% | 36.26% | 32.88% | 33.93% | 34.88% | 36.5% | 33.14% | 33.09% | 34.42% | 34.93% | 34.98% | 33.68% | 30.57% | 29.29% | 32.8% | 31.46% | 33.03% |
| Selling, General & Admin | 3.26B | 3.13B | 3.1B | 3.09B | 3.05B | 2.88B | 2.9B | 2.92B | 2.95B | 2.7B | 2.69B | 2.72B | 2.75B | 2.84B | 2.73B | 2.76B | 2.79B | 3B | 2.77B | 2.72B |
| SG&A % of Revenue | 29.23% | 27.31% | 27.29% | 27.76% | 29.47% | 26.24% | 27.22% | 28.16% | 29.65% | 26.4% | 26.57% | 27.3% | 28.22% | 28.13% | 26.19% | 24.49% | 23.43% | 26.19% | 25.31% | 26.64% |
| Research & Development | 756M | 735M | 785M | 732M | 703M | 728M | 713M | 697M | 683M | 690M | 661M | 710M | 654M | 691M | 780M | 684M | 697M | 758M | 672M | 654M |
| R&D % of Revenue | 6.77% | 6.41% | 6.9% | 6.57% | 6.79% | 6.63% | 6.7% | 6.72% | 6.85% | 6.74% | 6.52% | 7.12% | 6.71% | 6.85% | 7.49% | 6.08% | 5.86% | 6.61% | 6.15% | 6.4% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.84B | 2.25B | 2.06B | 2.05B | 1.69B | 1.99B | 1.82B | 1.69B | 1.39B | 1.86B | 1.68B | 1.51B | 1.4B | 1.44B | 1.7B | 2.33B | 2.88B | 2.45B | 2.62B | 2B |
| Operating Margin % | 16.5% | 19.64% | 18.09% | 18.42% | 16.3% | 18.13% | 17.09% | 16.25% | 13.9% | 18.2% | 16.54% | 15.14% | 14.36% | 14.28% | 16.36% | 20.72% | 24.25% | 21.34% | 23.99% | 19.54% |
| Operating Income Growth % | 9.12% | 13.12% | 13.15% | 21.71% | 21.88% | 6.76% | 8.34% | 11.58% | -1.07% | 29.35% | -1.47% | -35.23% | -51.47% | -41.11% | -35.05% | 16.77% | 35.26% | 1.37% | 80.08% | 211.22% |
| EBITDA | 2.57B | 2.67B | 2.85B | 2.83B | 2.44B | 2.8B | 2.62B | 2.49B | 2.19B | 2.68B | 2.5B | 2.31B | 2.21B | 2.25B | 2.52B | 3.15B | 3.71B | 3.33B | 3.47B | 2.87B |
| EBITDA Margin % | 23.04% | 23.33% | 25.05% | 25.39% | 23.6% | 25.49% | 24.63% | 24.01% | 21.98% | 26.14% | 24.67% | 23.16% | 22.63% | 22.28% | 24.19% | 28.03% | 31.17% | 29.04% | 31.74% | 28.09% |
| EBITDA Growth % | 5.24% | -4.43% | 8.74% | 13.57% | 11.6% | 4.48% | 4.68% | 7.79% | -0.73% | 19.08% | -0.64% | -26.75% | -40.51% | -32.49% | -27.41% | 9.85% | 20.9% | 1.52% | 53.22% | 95.77% |
| D&A (Non-Cash Add-back) | 730M | 422M | 791M | 777M | 756M | 807M | 801M | 805M | 805M | 813M | 824M | 800M | 806M | 807M | 815M | 822M | 823M | 883M | 847M | 874M |
| EBIT | 1.52B | 2.4B | 2.3B | 2.27B | 1.91B | 2.18B | 2.11B | 1.77B | 1.55B | 2.03B | 1.82B | 1.79B | 1.72B | 1.48B | 1.81B | 2.44B | 2.89B | 2.42B | 2.61B | 1.48B |
| Net Interest Income | -68M | -42M | 33M | -50M | -52M | -61M | -75M | -86M | -37M | -146M | -51M | -55M | -61M | -76M | -1M | -59M | 4M | -78M | -109M | -125M |
| Interest Income | 0 | 78M | 77M | 71M | 82M | 91M | 91M | 82M | 80M | 89M | 97M | 98M | 101M | 88M | 55M | 26M | 14M | 11M | 10M | 11M |
| Interest Expense | 68M | 120M | 44M | 121M | 134M | 152M | 166M | 168M | 117M | 235M | 148M | 153M | 162M | 164M | 56M | 85M | 10M | 89M | 119M | 136M |
| Other Income/Expense | -393M | 107M | 123M | 98M | 90M | 40M | 122M | -79M | 51M | -69M | -7M | 125M | 162M | -121M | 55M | 19M | -9M | -120M | -129M | -650M |
| Pretax Income | 1.45B | 2.36B | 2.18B | 2.15B | 1.78B | 2.03B | 1.94B | 1.61B | 1.44B | 1.79B | 1.67B | 1.64B | 1.56B | 1.32B | 1.76B | 2.35B | 2.88B | 2.33B | 2.49B | 1.35B |
| Pretax Margin % | 12.98% | 20.58% | 19.17% | 19.3% | 17.17% | 18.5% | 18.24% | 15.49% | 14.41% | 17.53% | 16.47% | 16.4% | 16.03% | 13.08% | 16.89% | 20.89% | 24.18% | 20.29% | 22.81% | 13.19% |
| Income Tax | 372M | 582M | 536M | 371M | 453M | -7.2B | 294M | 305M | 211M | 201M | 235M | 261M | 244M | 287M | 323M | 334M | 429M | 338M | 393M | 159M |
| Effective Tax Rate % | 25.67% | 24.68% | 24.59% | 17.26% | 25.48% | -354.63% | 15.15% | 18.98% | 14.69% | 11.2% | 14.06% | 15.95% | 15.62% | 21.74% | 18.37% | 14.2% | 14.92% | 14.53% | 15.76% | 11.8% |
| Net Income | 1.08B | 1.78B | 1.64B | 1.78B | 1.32B | 9.23B | 1.65B | 1.3B | 1.23B | 1.59B | 1.44B | 1.38B | 1.32B | 1.03B | 1.44B | 2.02B | 2.45B | 1.99B | 2.1B | 1.19B |
| Net Margin % | 9.65% | 15.5% | 14.46% | 15.97% | 12.79% | 84.1% | 15.48% | 12.55% | 12.29% | 15.56% | 14.16% | 13.78% | 13.52% | 10.24% | 13.78% | 17.93% | 20.57% | 17.34% | 19.22% | 11.63% |
| Net Income Growth % | -18.72% | -80.76% | -0.12% | 36.64% | 8.16% | 478.98% | 14.62% | -5.31% | -7.06% | 54.31% | 0.07% | -31.86% | -46.14% | -48.06% | -31.67% | 69.72% | 36.48% | -8% | 70.45% | 121.42% |
| Net Income (Continuing) | 1.08B | 1.78B | 1.64B | 1.78B | 1.32B | 9.23B | 1.65B | 1.3B | 1.23B | 1.59B | 1.44B | 1.38B | 1.32B | 1.03B | 1.44B | 2.02B | 2.45B | 1.99B | 2.1B | 1.19B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 640M | 641M | 310M | 264M | 253M | 237M | 232M | 242M | 233M | 224M | 213M | 230M | 222M | 219M | 209M | 226M | 230M | 222M | 216M | 229M |
| EPS (Diluted) | 0.62 | 1.02 | 0.94 | 1.01 | 0.76 | 5.27 | 0.94 | 0.74 | 0.70 | 0.91 | 0.82 | 0.78 | 0.75 | 0.59 | 0.81 | 1.14 | 1.38 | 1.12 | 1.17 | 0.66 |
| EPS Growth % | -18.24% | -80.65% | 0% | 36.49% | 8.34% | 479.12% | 14.63% | -5.13% | -6.67% | 54.24% | 1.23% | -31.58% | -45.65% | -47.32% | -30.77% | 72.73% | 38% | -7.44% | 69.57% | 120% |
| EPS (Basic) | 0.62 | 1.02 | 0.94 | 1.02 | 0.76 | 5.33 | 0.95 | 0.75 | 0.71 | 0.92 | 0.83 | 0.79 | 0.76 | 0.59 | 0.82 | 1.15 | 1.40 | 1.13 | 1.19 | 0.67 |
| Diluted Shares Outstanding | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.76B | 1.76B | 1.77B | 1.78B | 1.79B | 1.79B |
| Basic Shares Outstanding | 1.75B | 1.75B | 1.75B | 1.74B | 1.75B | 1.73B | 1.73B | 1.73B | 1.73B | 1.73B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.75B | 1.75B | 1.76B | 1.77B | 1.77B |
| Dividend Payout Ratio | 101.95% | 58% | 62.71% | 57.84% | 77.43% | 10.38% | 58.32% | 73.81% | 78.12% | 55.71% | 61.84% | 64.73% | 67.53% | 79.67% | 57.56% | 41.03% | 34% | 40.12% | 38.14% | 67.54% |