NYSE$ABBV

AbbVie Inc · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

AbbVie reported Q1 2026 net revenues of $15.0B and net earnings of $695M ($0.39 diluted EPS).

For the quarter ended March 31, 2026, AbbVie generated net revenues of $15.0 billion, up 12% year over year, while net earnings attributable to AbbVie were $695 million, or $0.39 diluted EPS, compared with $1.29 billion and $0.72 a year ago. Results reflect higher amortization and fair-value adjustments on contingent consideration tied to acquired products, partially offset by growth in immunology and neuroscience portfolios.

  • Net revenues of $15.0B (+12% YoY); diluted EPS $0.39 versus $0.72 in Q1 2025.
  • Skyrizi and Rinvoq continue to drive immunology growth; neuroscience portfolio expanding.
  • Contingent consideration and collaboration profit shares weighed on reported net earnings.
  • Heavy amortization of acquisition intangibles remains a GAAP earnings headwind.
  • Management focuses on pipeline execution and capital returns alongside core brands.

Headline financials

Total Revenue

$15B

Previous: $13.3B+12.4%
EPS (adj)

$0.39

Previous: $0.72-45.8%
Capital Expenditures

-$265M

Previous: -$235M-12.8%
Free Cash Flow

$3.56B

No prior period
Net Income

$695M

Previous: $1.29B-46.1%
Operating Income

$3.99B

Previous: $3.73B+6.9%
Gross Profit

$10.8B

Previous: $11.2B-3.7%
Cash & Equivalents

$9.39B

No prior period
Total Assets

$136B

No prior period

Revenue & EPS history

AbbVie · Revenue · Quarterly

$15B

Q1 2026+12.4%vs Q1 2025
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

AbbVie · $13.1B total across 6 segments · Q3 2023

  • Immunology
    $6.78B-11.3%
  • Neuroscience
    $2.04B
  • Oncology
    $1.51B-8.4%
  • Aesthetics
    $1.24B
  • Other Key Products
    $963M
  • Eye Care
    $605M

Forward guidance

The 10-Q does not provide numeric consolidated annual EPS guidance for ABBV. Management commentary in MD&A covers costs, capital, and sector-specific risks.

Tailwinds

  • Management discusses operational priorities and liquidity in the quarterly filing.
  • Segment or product trends are disclosed where applicable to the business model.

Headwinds

  • Macro, input-cost, and interest-rate exposure can affect near-term results.
  • One-time items, impairments, or fair-value marks may distort quarterly comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.9%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+3.7%

Avg return

30 days after

55%

32 / 58 earnings

Positive

+17.2%

Q3 2015

Best reaction

-10.2%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+5.3%+10.3%
Q4 2025-7.1%-1.1%+2.0%
Q3 2025-7.1%-5.0%-0.2%
Q2 2025+1.0%+1.4%+8.5%
Q1 2025+3.2%+8.2%+1.6%
Q4 2024+4.7%+9.2%+19.0%
Q3 2024+7.6%+5.8%-3.4%
Q2 2024+5.1%+6.0%+12.1%
Q1 2024-3.4%-3.3%-6.1%
Q4 2023+2.2%+4.4%+6.8%
Q3 2023-2.3%-1.9%-4.5%
Q2 2023+6.3%+4.7%+3.4%
Q1 2023-6.6%-6.3%-15.0%
Q4 2022+5.1%+5.5%+3.5%
Q3 2022-4.6%-5.9%+4.0%
Q2 2022-6.4%-5.7%-8.9%
Q1 2022-5.4%-3.0%-4.0%
Q4 2021+2.7%+4.0%+9.9%
Q3 2021+4.7%+7.2%+6.2%
Q2 2021-2.9%-3.2%+0.6%
Q1 2021+3.4%+4.4%+2.1%
Q4 2020+4.9%+3.3%+3.1%
Q3 2020+9.4%+17.1%+30.0%
Q2 2020-0.1%-2.9%-1.9%
Q1 2020-0.4%+3.9%+12.7%
Q4 2019+8.7%+12.2%+1.9%
Q3 2019+4.3%+3.2%+10.3%
Q2 2019+0.8%-0.1%-1.0%
Q1 2019+1.3%+0.9%+1.8%
Q4 2018-10.2%-7.9%-6.8%
Q3 2018+3.0%+8.4%+17.5%
Q2 2018-2.7%-0.0%+3.7%
Q1 2018+7.5%+11.1%+10.0%
Q4 2017+12.9%+3.6%+9.6%
Q3 2017+1.6%+3.2%+5.8%
Q2 2017-2.5%-1.4%+1.0%
Q1 2017+1.4%+2.4%+1.6%
Q4 2016-1.4%-0.6%+1.3%
Q3 2016-9.2%-7.6%-1.5%
Q2 2016+3.4%+2.9%-0.2%
Q1 2016+0.5%
Q4 2015-2.6%
Q3 2015+17.2%
Q2 2015-1.7%
Q1 2015+2.4%
Q4 2014-3.8%
Q3 2014+3.4%
Q2 2014-0.6%
Q1 2014+3.1%
Q4 2011-1.9%
Q4 2013-2.0%
Q3 2012-1.5%
Q3 2013+3.1%
Q2 2012-0.0%
Q2 2013+1.9%
Q4 2012-1.5%
Q1 2012-1.5%
Q1 2013+2.2%
Q3 2011
Q2 2011
Q1 2011

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