Abbott Laboratories income statement
In fiscal 2025, Abbott Laboratories reported revenue of $44.33bn, up 5.7% on the year before, operating income of $8.05bn (a 18.2% margin) and net income of $6.52bn, or $3.72 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 30.8 | 35.2 | 21.4 | 19.1 | 19.7 | 20.2 | 20.4 | 20.9 | 27.4 | 30.6 | 31.9 | 34.6 | 43.1 | 43.7 | 40.1 | 42.0 | 44.3 | 46.6 |
| Cost of revenue | — | — | — | — | — | — | — | 9.1 | 12.4 | 12.7 | 13.2 | 15.0 | 18.5 | 19.1 | 18.0 | 18.7 | 19.3 | 20.2 |
| Gross profit | — | — | — | — | — | — | — | 11.8 | 15.0 | 17.9 | 18.7 | 19.6 | 24.5 | 24.5 | 22.1 | 23.2 | 25.0 | 26.4 |
| Research and development | 2.7 | 3.7 | 1.5 | 1.5 | 1.4 | 1.3 | 1.4 | 1.4 | 2.3 | 2.3 | 2.4 | 2.4 | 2.7 | 2.9 | 2.7 | 2.8 | 2.9 | 3.2 |
| Selling, general and administrative | 8.4 | 10.4 | 7.4 | 6.7 | 6.4 | 6.5 | 6.8 | 6.7 | 9.2 | 9.7 | 9.8 | 9.7 | 11.3 | 11.2 | 10.9 | 11.7 | 12.3 | 13.9 |
| Operating income | 6.2 | 6.1 | 1.6 | 1.4 | 2.1 | 2.6 | 2.9 | 3.0 | 1.6 | 3.7 | 4.5 | 5.4 | 8.4 | 8.4 | 6.5 | 6.8 | 8.1 | 7.3 |
| Interest expense | 0.5 | 0.6 | 0.4 | 0.3 | 0.1 | 0.2 | 0.2 | 0.4 | 0.9 | 0.8 | 0.7 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 0.8 |
| Income before tax | 7.2 | 5.7 | 1.2 | −0.2 | 2.0 | 2.5 | 3.2 | 1.4 | 2.2 | 2.9 | 4.1 | 5.0 | 8.2 | 8.3 | 6.7 | 7.0 | 8.5 | 7.5 |
| Income tax | 1.4 | 1.1 | 0.1 | −0.5 | 0.1 | 0.8 | 0.6 | 0.4 | 1.9 | 0.5 | 0.4 | 0.5 | 1.1 | 1.4 | 0.9 | −6.4 | 1.9 | 2.1 |
| Net income | 5.7 | 4.6 | 4.7 | 6.0 | 2.6 | 2.3 | 4.4 | 1.4 | 0.5 | 2.4 | 3.7 | 4.5 | 7.1 | 6.9 | 5.7 | 13.4 | 6.5 | 5.4 |
| Diluted EPS | $3.69 | $2.96 | $3.01 | $3.72 | $1.62 | $1.49 | $2.92 | $0.94 | $0.27 | $1.33 | $2.06 | $2.50 | $3.94 | $3.91 | $3.26 | $7.64 | $3.72 | $3.11 |
| Diluted shares (average) | 1,555m | 1,556m | 1,567m | 1,592m | 1,574m | 1,527m | 1,506m | 1,483m | 1,749m | 1,770m | 1,781m | 1,786m | 1,789m | 1,764m | 1,749m | 1,748m | 1,748m | 1,746m |
| EBITDA | 7.4 | 7.3 | 3.0 | 2.7 | 3.1 | 3.5 | 3.7 | 3.8 | 2.6 | 4.8 | 5.6 | 6.6 | 9.9 | 9.6 | 7.8 | 8.2 | 9.5 | 8.9 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.6 | 11.0 | 10.4 | 11.1 | 11.4 | 11.5 | 11.2 | 12.6 |
| Cost of revenue | 4.7 | 4.9 | 4.5 | 4.9 | 5.1 | 4.9 | 4.9 | 5.3 |
| Gross profit | 5.9 | 6.0 | 5.9 | 6.3 | 6.3 | 6.5 | 6.3 | 7.3 |
| Research and development | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.7 | 0.8 | 0.9 |
| Selling, general and administrative | 2.9 | 2.9 | 3.1 | 3.1 | 3.1 | 3.1 | 3.7 | 4.0 |
| Operating income | 1.9 | 1.9 | 1.7 | 2.1 | 2.1 | 2.3 | 1.3 | 1.7 |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.4 |
| Income before tax | 1.9 | 2.0 | 1.8 | 2.2 | 2.2 | 2.4 | 1.4 | 1.5 |
| Income tax | 0.3 | −7.2 | 0.5 | 0.4 | 0.5 | 0.6 | 0.4 | 0.6 |
| Net income | 1.6 | 9.2 | 1.3 | 1.8 | 1.6 | 1.8 | 1.1 | 0.9 |
| Diluted EPS | $0.94 | $5.26 | $0.76 | $1.01 | $0.94 | $1.02 | $0.61 | $0.53 |
| EBITDA | 2.2 | 2.3 | 2.0 | 2.4 | 2.4 | 2.6 | 1.7 | 2.1 |
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