ABBV Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), ABBV reported revenue of $15.0B, gross profit of $10.8B (71.9% gross margin), operating income of $4.7B, and net income of $699M (4.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ABBV was profitable; revenue fell 9.7% quarter over quarter, and EPS beat consensus by $0.03.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −9.7% | −61.5% | −6.3 pp |
EPS was $2.65 versus $2.62 expected.
ABBV Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $15.0B | 100% |
| Cost of Revenue | −$4.2B | 28.1% |
| Gross Profit | $10.8B | 71.9% |
| Research & Development | −$2.5B | 16.5% |
| Selling, General & Administrative | −$3.6B | 23.9% |
| Operating Income | $4.7B | 31.6% |
| Interest Expense | −$717M | 4.8% |
| Other Income, net | −$3.7B | 24.6% |
| Income Tax Expense | −$342M | 2.3% |
| Net Income | $699M | 4.7% |
Source: original SEC filing (filed 2026-04-03). Accession 0001551152-26-000011. Data normalized by EarningsFyi.