AbbVie's Income Statement Analysis: Revenue to Profit Breakdown
AbbVie's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$56.20 B | $58.05 B | $54.32 B | $56.33 B | $61.16 B | $62.82 B |
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Cost of Revenue Direct cost of goods/services. |
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$17.45 B | $17.41 B | $20.42 B | $16.90 B | $9.97 B | $16.67 B |
Gross Profit Revenue minus cost of revenue. |
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$38.75 B | $40.64 B | $33.90 B | $39.43 B | $51.20 B | $46.15 B |
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Operating Expense
Costs to run business. |
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$20.83 B | $22.52 B | $21.15 B | $30.29 B | $29.98 B | $28.81 B |
Research and Development Investment in innovation. |
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$8.05 B | $6.51 B | $7.68 B | $12.79 B | $9.10 B | $7.03 B |
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Sales, General and Administrative
Selling and admin costs. |
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$12.35 B | $15.26 B | $12.87 B | $13.19 B | $14.01 B | $14.30 B |
General and Administrative Corporate overhead costs. |
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$10.25 B | $13.26 B | $10.70 B | $11.09 B | - | - |
Sales and Marketing Customer acquisition costs. |
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$2.10 B | $2.00 B | $2.20 B | $2.10 B | - | - |
Other Expenses Other operating costs. |
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$432.00 M | $753.00 M | $599.00 M | $4.31 B | $6.88 B | $7.48 B |
Operating Income Profit from operations. |
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$17.92 B | $18.12 B | $12.76 B | $9.14 B | $21.21 B | $17.34 B |
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Net Interest Income
Interest income minus expense. |
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-$2.38 B | -$2.04 B | -$1.68 B | -$2.16 B | -$2.63 B | -$2.65 B |
Interest Income Income from investments. |
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$39.00 M | $186.00 M | $540.00 M | $648.00 M | - | $193.00 M |
Interest Expense Cost of borrowing. |
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$2.42 B | $2.23 B | $2.22 B | $2.81 B | $2.63 B | $2.84 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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$2.51 B | $2.41 B | $4.28 B | $2.61 B | $11.99 B | $5.48 B |
Total Other Income (Net) Net non-operating items. |
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-$4.94 B | -$4.64 B | -$6.51 B | -$5.42 B | -$14.62 B | -$11.37 B |
Income Before Tax Profit before taxes. |
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$12.99 B | $13.48 B | $6.25 B | $3.72 B | $6.60 B | $5.98 B |
Income Tax Expense Taxes on income. |
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$1.44 B | $1.63 B | $1.38 B | -$570.00 M | $2.36 B | $2.33 B |
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Net Income
Final profit. |
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$11.54 B | $11.84 B | $4.86 B | $4.28 B | $4.23 B | $3.64 B |
Net Income From Continuing Operations Profit from core business. |
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$11.55 B | $11.85 B | $4.87 B | $4.29 B | $4.23 B | $3.64 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | $4.00 M |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | $4.00 M |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$6.48 | $6.65 | $2.73 | $2.40 | $2.38 | $2.04 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$6.45 | $6.63 | $2.72 | $2.39 | $2.36 | $2.04 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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1.77 B | 1.77 B | 1.77 B | 1.77 B | 1.79 B | 1.77 B |
Diluted Average Shares Outst. Shares including dilution. |
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1.78 B | 1.78 B | 1.77 B | 1.77 B | 1.79 B | 1.77 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$15.41 B | $15.71 B | $8.47 B | $6.52 B | $9.22 B | $11.86 B |
EBITDA Earnings before interest, tax, D&A. |
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$23.93 B | $24.17 B | $17.17 B | $14.91 B | $28.29 B | $17.96 B |
Depreciation and Amortization Non-cash expense for assets. |
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$8.52 B | $8.47 B | $8.70 B | $8.39 B | $19.07 B | $6.10 B |
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AbbVie's Assets vs Liabilities & Equity
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