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NYSE · Healthcare

AbbVie Inc. (ABBV)

As-reported financials and SEC filings for AbbVie Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. 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
net income / fiscal-year-end equity
P/E
72.4×
trailing when available, otherwise FY EPS
Market cap
$453.19B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and 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 Q2 FY2026: revenue $17.0B, up 10.2% from Q2 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 198 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/E72.4×
85th percentile of 60
Short interest3.57d
31st percentile of 197

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. AbbVie’s P/E of 72.4 ranks in the 85th percentile of the 60 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $8.2M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) 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 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
7
1 new, 6 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$2.39B
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$797.6M3.2MAdded
D. E. ShawquantQ2 2026$529.0M2.1MAdded
AQR Capital ManagementquantQ2 2026$507.1M2.0MAdded
Millennium ManagementquantQ2 2026$381.6M1.5MAdded
Point72 Asset ManagementquantQ2 2026$92.3M366.8KNew
Two Sigma InvestmentsquantQ2 2026$49.9M198.2KAdded
Gotham Asset ManagementQ2 2026$27.4M108.9KAdded
Bridgewater AssociatesQ2 2026$3.0M11.8KReduced
Dodge & CoxQ2 2026$2.6M10.4KHeld
Harris Associates (Oakmark)Q2 2026$608,9692.4KReduced

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.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$8.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-14
filed 2026-08-18
Donoghoe NicholasEVP, CHIEF BUS/STRAT OFFICERSell32.7K$250.00$8.2M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. 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
18.3M
settled 2026-08-14
Change vs prior
-18.8%
vs previous settlement
Days to cover
3.57
at avg daily volume
Avg daily volume
5.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1418.3M-18.8%3.57
2026-07-3122.5M-0.4%3.98
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

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 details: where the numbers come from.

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 details: where the numbers come from.

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 details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$16.99B10.2%$3.61B$2.03
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

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

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryPharmaceutical Preparations
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK1551152

Selected SEC filings

10-K2026-02-20
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-08-03
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
10-Q2025-11-04
View on EDGAR →
10-Q2025-08-04
View on EDGAR →
8-K2026-09-03
View on EDGAR →
8-K2026-08-18
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocksAll Healthcare companies →

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