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AbbVie Inc. (ABBV)

As-reported financials and recent SEC filings for AbbVie Inc., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About AbbVie Inc.

AbbVie Inc. is a global biopharmaceutical company that researches, develops, manufactures, and markets advanced therapies for complex and serious diseases. Its product portfolio includes treatments in immunology, neuroscience, and oncology, such as Skyrizi and Rinvoq for autoimmune diseases, Botox Therapeutic and Vraylar for neurological conditions, and Imbruvica and Venclexta for blood cancers. AbbVie serves patients worldwide across North America, the European Union, Japan, and other markets.

Snapshot

Revenue
$61.16B
Revenue growth (YoY)
8.6%
Net income
$4.23B
Diluted EPS
$2.36
Gross margin
70.2%
Operating margin
24.6%
Net margin
6.9%
FCF margin
29.1%
ROE
P/E (TTM)
125.3×
Market cap
$453.91B
Debt / equity

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at AbbVie

  • Revenue grew 8.6% to $61.2B in FY2025, faster than the 3.7% the year before.
  • Operating margin is 24.6% in FY2025, -7.2 pp against 31.9% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $15.0B, up 12.4% from Q1 FY2025.
  • Free cash flow was $17.8B in FY2025, 29.1% of revenue.
  • Net income fell 1.2% to $4.2B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where AbbVie’s fundamentals sit among the 199 pharmaceutical companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin70.2%
56th percentile of 69
Operating margin24.6%
88th percentile of 113
Net margin6.9%
62nd percentile of 122
FCF margin29.1%
89th percentile of 110
Revenue growth (YoY)+8.6%
47th percentile of 187
P/E (TTM)125.3×
93rd percentile of 61
Short interest3.45d
24th percentile of 198

AbbVie’s P/E of 125.3 ranks in the 93rd percentile of the 61 peers with a meaningful P/E. AbbVie’s FCF margin of 29.1% ranks in the 89th percentile of the 110 pharmaceutical companies reporting it. AbbVie’s operating margin of 24.6% ranks in the 88th percentile of the 113 pharmaceutical companies reporting it.

No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
4
+5 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$663.1M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ1 2026$193.3M888.9KReduced
Millennium ManagementquantQ1 2026$147.0M675.8KAdded
D. E. ShawquantQ1 2026$146.4M673.0KAdded
Citadel AdvisorsquantQ1 2026$106.6M490.3KReduced
Two Sigma InvestmentsquantQ1 2026$38.8M178.4KAdded
Gotham Asset ManagementQ1 2026$21.5M99.1KAdded
Bridgewater AssociatesQ1 2026$6.6M30.4KAdded
Dodge & CoxQ1 2026$2.3M10.4KHeld
Harris Associates (Oakmark)Q1 2026$583,3082.7KHeld

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
22.6M
settled 2026-07-15
Change vs prior
+3.4%
vs previous settlement
Days to cover
3.45
at avg daily volume
Avg daily volume
6.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1522.6M+3.4%3.45
2026-06-3021.9M-6.6%1.75
2026-06-1523.4M+1.2%4.55
2026-05-2923.2M+2.5%4.27
2026-05-1522.6M+8.1%3.98
2026-04-3020.9M-4.3%2.71
2026-04-1521.8M+8.6%3.71
2026-03-3120.1M-19.9%2.45

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$61.16B$56.33B$54.32B$58.05B$56.20B
Gross profit$42.96B$39.43B$33.90B$40.64B$38.75B
Operating income$15.07B$9.14B$12.76B$18.12B$17.92B
Net income$4.23B$4.28B$4.86B$11.84B$11.54B
Diluted EPS$2.36$2.39$2.72$6.63$6.45

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$5.23B$5.52B$12.81B$9.20B$9.75B
Current assets$29.06B$25.58B$33.00B$28.46B$27.93B
Total assets$133.96B$135.16B$134.71B$138.81B$146.53B
Current liabilities$43.29B$38.75B$37.84B$29.54B$35.19B
Long-term debt$58.94B$60.34B$52.19B$59.13B$64.19B
Total liabilities$137.19B$131.80B$124.31B$121.52B$131.09B
Total equity$-3.23B$3.36B$10.40B$17.29B$15.44B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$19.03B$18.81B$22.84B$24.94B$22.78B
Capital expenditure$1.21B$974.0M$777.0M$695.0M$787.0M
Free cash flow$17.82B$17.83B$22.06B$24.25B$21.99B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$15.00B12.4%$695.0M$0.39
Q4 FY2025$16.62B10.0%$1.82B$1.02
Q3 FY2025$15.78B9.1%$186.0M$0.10
Q2 FY2025$15.42B6.6%$938.0M$0.52
Q1 FY2025$13.34B8.4%$1.29B$0.72
Q4 FY2024$15.10B5.6%$-22.0M$-0.01
Q3 FY2024$14.46B3.8%$1.56B$0.88
Q2 FY2024$14.46B4.3%$1.37B$0.77

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryPharmaceutical Preparations
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2017
SEC CIK1551152

Recent SEC filings

10-K2026-02-20
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
10-Q2025-11-04
View on EDGAR →
10-Q2025-08-04
View on EDGAR →
10-Q2025-05-09
View on EDGAR →
8-K2026-07-06
View on EDGAR →
8-K2026-06-22
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocksAll Healthcare companies →

ABBV head to head

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.