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AbbVie's Revenue

  • AbbVie's annual revenue was $54.32B in fiscal year 2023. The annual revenue decreased -$3.74B from $58.05B (in 2022) to $54.32B (in 2023), representing a -6.44% year-over-year decline.

  • AbbVie's quarterly revenue was $14.46B in the quarter ending Sep 2024. The quarterly revenue increased $533.00M from $13.93B (in Q3: June 2023) to $14.46B (in Q3: June 2024), representing a 3.83% year-over-year growth.

  • Over the past 10 years (2015 - 2024):
  • The highest annual revenue for AbbVie was $58.05B in fiscal year 2022.
  • The lowest annual revenue was $22.86B in fiscal year 2015.
  • The average revenue was $39.68B.

  • Learn more about AbbVie's Revenue by Segment and Revenue by Region.

    Check out competitors to AbbVie in a side-by-side comparison.

    Explore additional financial metrics for AbbVie.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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2023

AbbVie's annual revenue was $54.32B in fiscal year 2023.

AbbVie's quarterly revenue was $12.23B(Q1: Mar 2023), $13.87B(Q2: Jun 2023), $13.93B(Q3: Sep 2023), $14.30B(Q4: Dec 2023) in fiscal year 2023.

2022

AbbVie's annual revenue was $58.05B in fiscal year 2023.

AbbVie's quarterly revenue was $13.54B(Q1: Mar 2022), $14.58B(Q2: Jun 2022), $14.81B(Q3: Sep 2022), $15.12B(Q4: Dec 2022) in fiscal year 2022.

2021

AbbVie's annual revenue was $56.20B in fiscal year 2023.

AbbVie's quarterly revenue was $13.01B(Q1: Mar 2021), $13.96B(Q2: Jun 2021), $14.34B(Q3: Sep 2021), $14.89B(Q4: Dec 2021) in fiscal year 2021.

2020

AbbVie's annual revenue was $45.80B in fiscal year 2023.

AbbVie's quarterly revenue was $8.62B(Q1: Mar 2020), $10.43B(Q2: Jun 2020), $12.90B(Q3: Sep 2020), $13.86B(Q4: Dec 2020) in fiscal year 2020.

2019

AbbVie's annual revenue was $33.27B in fiscal year 2023.

AbbVie's quarterly revenue was $7.83B(Q1: Mar 2019), $8.26B(Q2: Jun 2019), $8.48B(Q3: Sep 2019), $8.70B(Q4: Dec 2019) in fiscal year 2019.

2018

AbbVie's annual revenue was $32.75B in fiscal year 2023.

AbbVie's quarterly revenue was $7.93B(Q1: Mar 2018), $8.28B(Q2: Jun 2018), $8.24B(Q3: Sep 2018), $8.31B(Q4: Dec 2018) in fiscal year 2018.

2017

AbbVie's annual revenue was $28.22B in fiscal year 2023.

AbbVie's quarterly revenue was $6.54B(Q1: Mar 2017), $6.94B(Q2: Jun 2017), $7.00B(Q3: Sep 2017), $7.74B(Q4: Dec 2017) in fiscal year 2017.

2016

AbbVie's annual revenue was $25.64B in fiscal year 2023.

AbbVie's quarterly revenue was $5.96B(Q1: Mar 2016), $6.45B(Q2: Jun 2016), $6.43B(Q3: Sep 2016), $6.80B(Q4: Dec 2016) in fiscal year 2016.

2015

AbbVie's annual revenue was $22.86B in fiscal year 2023.

AbbVie's quarterly revenue was $5.04B(Q1: Mar 2015), $5.48B(Q2: Jun 2015), $5.94B(Q3: Sep 2015), $6.40B(Q4: Dec 2015) in fiscal year 2015.

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2014 0
2015 +14.52
2016 +12.16
2017 +10.06
2018 +16.08
2019 +1.57
2020 +37.69
2021 +22.69
2022 +3.30
2023 -6.44

2023

AbbVie’s annual revenue decreased -6.44% during fiscal year 2023 compared to 2022. It represents a decline of -$3.74B from $58.05B (in 2022) to $54.32B (in 2023).

2022

AbbVie’s annual revenue increased +3.30% during fiscal year 2022 compared to 2021. It represents a growth of $1.86B from $56.20B (in 2021) to $58.05B (in 2022).

2021

AbbVie’s annual revenue increased +22.69% during fiscal year 2021 compared to 2020. It represents a growth of $10.39B from $45.80B (in 2020) to $56.20B (in 2021).

2020

AbbVie’s annual revenue increased +37.69% during fiscal year 2020 compared to 2019. It represents a growth of $12.54B from $33.27B (in 2019) to $45.80B (in 2020).

2019

AbbVie’s annual revenue increased +1.57% during fiscal year 2019 compared to 2018. It represents a growth of $513.00M from $32.75B (in 2018) to $33.27B (in 2019).

2018

AbbVie’s annual revenue increased +16.08% during fiscal year 2018 compared to 2017. It represents a growth of $4.54B from $28.22B (in 2017) to $32.75B (in 2018).

2017

AbbVie’s annual revenue increased +10.06% during fiscal year 2017 compared to 2016. It represents a growth of $2.58B from $25.64B (in 2016) to $28.22B (in 2017).

2016

AbbVie’s annual revenue increased +12.16% during fiscal year 2016 compared to 2015. It represents a growth of $2.78B from $22.86B (in 2015) to $25.64B (in 2016).

2015

AbbVie’s annual revenue increased +14.52% during fiscal year 2015 compared to 2014. It represents a growth of $2.90B from $19.96B (in 2014) to $22.86B (in 2015).

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Summary Table (Annual)

Period Revenue Year-over-Year Change
2023 $54.32B -6.44%
2022 $58.05B +3.30%
2021 $56.20B +22.69%
2020 $45.80B +37.69%
2019 $33.27B +1.57%
2018 $32.75B +16.08%
2017 $28.22B +10.06%
2016 $25.64B +12.16%
2015 $22.86B +14.52%

Summary Table (Quarterly)

Period Revenue Year-over-Year Change
Q3: Sep 24 $14.46B 3.83%
Q2: Jun 24 $14.46B 4.31%
Q1: Mar 24 $12.31B 0.70%
Q4: Dec 23 $14.30B -5.42%
Q3: Sep 23 $13.93B -5.97%
Q2: Jun 23 $13.87B -4.92%
Q1: Mar 23 $12.23B -9.70%
Q4: Dec 22 $15.12B 1.58%
Q3: Sep 22 $14.81B 3.28%
Q2: Jun 22 $14.58B 4.47%
Q1: Mar 22 $13.54B 4.06%
Q4: Dec 21 $14.89B 7.42%
Q3: Sep 21 $14.34B 11.16%
Q2: Jun 21 $13.96B 33.90%
Q1: Mar 21 $13.01B 50.95%
Q4: Dec 20 $13.86B 59.21%
Q3: Sep 20 $12.90B 52.16%
Q2: Jun 20 $10.43B 26.29%
Q1: Mar 20 $8.62B 10.10%
Q4: Dec 19 $8.70B 4.80%
Q3: Sep 19 $8.48B 2.95%
Q2: Jun 19 $8.26B -0.28%
Q1: Mar 19 $7.83B -1.34%
Q4: Dec 18 $8.31B 7.31%
Q3: Sep 18 $8.24B 17.74%
Q2: Jun 18 $8.28B 19.21%
Q1: Mar 18 $7.93B 21.35%
Q4: Dec 17 $7.74B 13.88%
Q3: Sep 17 $7.00B 8.75%
Q2: Jun 17 $6.94B 7.63%
Q1: Mar 17 $6.54B 9.73%
Q4: Dec 16 $6.80B 6.19%
Q3: Sep 16 $6.43B 8.21%
Q2: Jun 16 $6.45B 17.84%
Q1: Mar 16 $5.96B 18.21%
Q4: Dec 15 $6.40B 17.39%
Q3: Sep 15 $5.94B 18.43%
Q2: Jun 15 $5.48B 11.14%
Q1: Mar 15 $5.04B 10.45%