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Abbott Laboratories (ABT) Q2 FY2026 Financial Statements: Revenue $12.59B, Net income $928.00M

CIK 0000001800 · NYSE · Latest period: Q2 FY2026 (ended 2026-06-30, 10-Q accession 0001628280-26-050134) · Annual report: FY2025 10-K (filed 2026-02-20, accession 0001628280-26-010185) · Next expected filing: 10-Q ~2026-10-28

More for Abbott Laboratories: Company index · 10-K and 10-Q summary · 8-K filings and events

PeriodQ2 FY2026

Published

Abbott Laboratories reported $12.59 billion in net sales for Q2 FY2026, the quarter ended June 30, 2026, up 13.0% from a year earlier, as the Exact Sciences cancer diagnostics business acquired in March 2026 added to the Diagnostic Products segment. Earnings moved the other way: net earnings were $928 million, down 47.8%, and diluted EPS was $0.53 against $1.01 a year earlier, with acquisition-related intangible amortization, integration expense, higher legal reserves, interest on the debt raised for the acquisition and a higher tax charge all weighing on the result. Operating earnings were $1.69 billion, down 17.5%, while Medical Devices, Abbott's largest segment, had sales of $5.85 billion, up 9.0%.

MetricAmountvs. year ago
Revenue$12,593,000,000up 13.0%
Net income$928,000,000down 47.8%
Diluted EPS$0.53down 47.5%
Operating earnings$1,693,000,000down 17.5%
Medical Devices sales$5,853,000,000up 9.0%

About this file

TickerABT
CIK0000001800
CompanyAbbott Laboratories
Business typeindustrial
Schema templatestandard (revenue / operating earnings / net earnings; balance sheet; cash flow)
Schema rationaleAbbott is a diversified healthcare products manufacturer selling branded generic pharmaceuticals, nutritionals, diagnostics and medical devices. The standard manufacturer template fits: net sales, cost of products sold, operating earnings, net earnings and per-share amounts, with a balance sheet and a cash flow statement. Abbott reports cost of products sold EXCLUDING amortization of acquired intangibles and does not print a gross profit line, so none is stated here; the two cost lines are reported separately exactly as the filings present them. Segment net sales and segment operating earnings are carried alongside because Abbott manages and reports the business in four segments.
Reporting currencyUSD
Converted to USDno
Unitsactual dollars (not millions)
Fiscal calendar noteAbbott's fiscal year is the calendar year, ending December 31. Quarters end March 31, June 30, September 30 and December 31.

ABT annual income statement, balance sheet and cash flow

FY2025FY2024FY2023
Fiscal year202520242023
LabelFY2025FY2024FY2023
Period start2025-01-012024-01-012023-01-01
Period end2025-12-312024-12-312023-12-31
Period typefiscal yearfiscal yearfiscal year
Source accession0001628280-26-0101850001628280-26-0101850001628280-26-010185
Source form10-K filed 2026-02-2010-K filed 2026-02-2010-K filed 2026-02-20
Income statement
Net sales44,328,000,00041,950,000,00040,109,000,000
Cost of products sold excluding amortization19,319,000,00018,706,000,00017,975,000,000
Amortization of intangible assets1,682,000,0001,878,000,0001,966,000,000
Research and development2,942,000,0002,844,000,0002,741,000,000
Selling general and administrative12,332,000,00011,697,000,00010,949,000,000
Total operating cost and expenses36,275,000,00035,125,000,00033,631,000,000
Operating earnings8,053,000,0006,825,000,0006,478,000,000
Interest expense493,000,000559,000,000637,000,000
Interest income-308,000,000-344,000,000-385,000,000
Net foreign exchange gain loss-50,000,000-27,000,00041,000,000
Other income expense net-548,000,000-376,000,000-479,000,000
Earnings before taxes8,466,000,0007,013,000,0006,664,000,000
Taxes on earnings1,942,000,000-6,389,000,000941,000,000
Net earnings6,524,000,00013,402,000,0005,723,000,000
Basic EPS3.737.673.28
Diluted EPS3.727.643.26
Basic shares1,741,000,0001,740,000,0001,740,000,000
Diluted shares1,748,000,0001,748,000,0001,749,000,000
Segment results
Established pharmaceuticals
Net sales5,536,000,0005,194,000,0005,066,000,000
Operating earnings1,290,000,0001,233,000,0001,206,000,000
Nutritional products
Net sales8,451,000,0008,413,000,0008,154,000,000
Operating earnings1,558,000,0001,505,000,0001,333,000,000
Diagnostic products
Net sales8,937,000,0009,341,000,0009,988,000,000
Operating earnings1,740,000,0002,073,000,0002,433,000,000
Medical devices
Net sales21,387,000,00018,986,000,00016,887,000,000
Operating earnings7,212,000,0006,153,000,0005,306,000,000
Total reportable segments
Net sales44,311,000,00041,934,000,00040,095,000,000
Operating earnings11,800,000,00010,964,000,00010,278,000,000
Balance sheet
Cash and equivalents8,522,000,0007,616,000,000
Short term investments417,000,000351,000,000
Trade receivables net7,929,000,0006,925,000,000
Total inventories6,488,000,0006,194,000,000
Total current assets25,996,000,00023,656,000,000
Net property and equipment11,816,000,00010,658,000,000
Intangible assets net5,526,000,0006,647,000,000
Goodwill24,035,000,00023,108,000,000
Total assets86,713,000,00081,414,000,000
Current portion of long term debt3,033,000,0001,500,000,000
Total current liabilities16,496,000,00014,157,000,000
Long term debt9,896,000,00012,625,000,000
Post employment and other long term liabilities7,550,000,0006,731,000,000
Total abbott shareholders investment52,130,000,00047,664,000,000
Noncontrolling interests641,000,000237,000,000
Total equity52,771,000,00047,901,000,000
Total debt12,929,000,00014,125,000,000
Total liabilities33,942,000,00033,513,000,000
Cash flow
Depreciation1,434,000,0001,340,000,0001,277,000,000
Amortization of intangible assets1,682,000,0001,878,000,0001,966,000,000
Share based compensation664,000,000673,000,000644,000,000
Operating cash flow9,566,000,0008,558,000,0007,261,000,000
Acquisitions of businesses and technologies net of cash-105,000,0000-877,000,000
Investing cash flow-2,422,000,000-2,338,000,000-3,133,000,000
Financing cash flow-6,309,000,000-5,404,000,000-7,091,000,000
Cash and equivalents end of period8,522,000,0007,616,000,0006,896,000,000
Capital expenditures2,171,000,0002,207,000,0002,202,000,000
Dividends paid4,116,000,0003,836,000,0003,556,000,000
Purchases of common shares893,000,0001,295,000,0001,227,000,000
Free cash flow7,395,000,0006,351,000,0005,059,000,000

ABT quarterly income statement, balance sheet and cash flow

Q2 2026Q2 2025
Fiscal year20262025
Fiscal quarter22
LabelQ2 2026Q2 2025
Period start2026-04-012025-04-01
Period end2026-06-302025-06-30
Period typethree monthsthree months
Source accession0001628280-26-0501340001628280-26-050134
Source form10-Q filed 2026-07-2810-Q filed 2026-07-28
Income statement
Net sales12,593,000,00011,142,000,000
Cost of products sold excluding amortization5,325,000,0004,854,000,000
Amortization of intangible assets658,000,000420,000,000
Research and development892,000,000725,000,000
Selling general and administrative4,025,000,0003,091,000,000
Total operating cost and expenses10,900,000,0009,090,000,000
Operating earnings1,693,000,0002,052,000,000
Interest expense351,000,000121,000,000
Interest income-52,000,000-71,000,000
Net foreign exchange gain loss4,000,000-11,000,000
Other income expense net-134,000,000-137,000,000
Earnings before taxes1,524,000,0002,150,000,000
Taxes on earnings596,000,000371,000,000
Net earnings928,000,0001,779,000,000
Basic EPS0.531.02
Diluted EPS0.531.01
Basic shares1,740,420,0001,743,437,000
Diluted shares1,742,981,0001,750,835,000
Segment results
Established pharmaceuticals
Net sales1,499,000,0001,383,000,000
Operating earnings382,000,000346,000,000
Nutritional products
Net sales2,144,000,0002,212,000,000
Operating earnings368,000,000418,000,000
Diagnostic products
Net sales3,092,000,0002,173,000,000
Operating earnings499,000,000372,000,000
Medical devices
Net sales5,853,000,0005,369,000,000
Operating earnings1,969,000,0001,796,000,000
Total reportable segments
Net sales12,588,000,00011,137,000,000
Operating earnings3,218,000,0002,932,000,000
Balance sheet
Cash and equivalents5,104,000,000
Short term investments499,000,000
Trade receivables net8,599,000,000
Total inventories7,315,000,000
Total current assets24,517,000,000
Net property and equipment12,812,000,000
Intangible assets net17,211,000,000
Goodwill35,244,000,000
Total assets109,215,000,000
Current portion of long term debt3,005,000,000
Total current liabilities17,814,000,000
Long term debt29,603,000,000
Post employment and other long term liabilities10,036,000,000
Total abbott shareholders investment51,110,000,000
Noncontrolling interests652,000,000
Total equity51,762,000,000
Total debt32,608,000,000
Total liabilities57,453,000,000

ABT year-to-date income statement and cash flow

Six months ended June 30, 2026
LabelSix months ended June 30, 2026
Period start2026-01-01
Period end2026-06-30
Period typesix months
Source accession0001628280-26-050134
Source form10-Q filed 2026-07-28
Income statement
Net sales23,757,000,000
Cost of products sold excluding amortization10,215,000,000
Amortization of intangible assets1,080,000,000
Research and development1,659,000,000
Selling general and administrative7,765,000,000
Total operating cost and expenses20,719,000,000
Operating earnings3,038,000,000
Interest expense525,000,000
Interest income-158,000,000
Net foreign exchange gain loss-9,000,000
Other income expense net-293,000,000
Earnings before taxes2,973,000,000
Taxes on earnings968,000,000
Net earnings2,005,000,000
Basic EPS1.15
Diluted EPS1.14
Basic shares1,741,438,000
Diluted shares1,745,014,000
Segment results
Established pharmaceuticals
Net sales2,925,000,000
Operating earnings747,000,000
Nutritional products
Net sales4,161,000,000
Operating earnings679,000,000
Diagnostic products
Net sales5,272,000,000
Operating earnings834,000,000
Medical devices
Net sales11,392,000,000
Operating earnings3,862,000,000
Total reportable segments
Net sales23,750,000,000
Operating earnings6,122,000,000
Cash flow
Operating cash flow3,803,000,000
Capital expenditures896,000,000
Acquisitions of businesses and technologies net of cash-19,962,000,000
Investing cash flow-20,997,000,000
Financing cash flow13,795,000,000
Dividends paid2,200,000,000
Purchases of common shares1,225,000,000
Depreciation783,000,000
Amortization of intangible assets1,080,000,000
Share based compensation485,000,000
Cash and equivalents end of period5,104,000,000
Free cash flow2,907,000,000
Prior year comparative
LabelSix months ended June 30, 2025
Period start2025-01-01
Period end2025-06-30
Period typesix months
Source accession0001628280-26-050134
Source form10-Q filed 2026-07-28
Income statement
Net sales21,500,000,000
Cost of products sold excluding amortization9,322,000,000
Amortization of intangible assets840,000,000
Research and development1,441,000,000
Selling general and administrative6,152,000,000
Total operating cost and expenses17,755,000,000
Operating earnings3,745,000,000
Interest expense252,000,000
Interest income-153,000,000
Net foreign exchange gain loss-18,000,000
Other income expense net-264,000,000
Earnings before taxes3,928,000,000
Taxes on earnings824,000,000
Net earnings3,104,000,000
Basic EPS1.78
Diluted EPS1.77
Basic shares1,741,348,000
Diluted shares1,749,054,000
Segment results
Established pharmaceuticals
Net sales2,643,000,000
Operating earnings644,000,000
Nutritional products
Net sales4,358,000,000
Operating earnings812,000,000
Diagnostic products
Net sales4,227,000,000
Operating earnings731,000,000
Medical devices
Net sales10,264,000,000
Operating earnings3,405,000,000
Total reportable segments
Net sales21,492,000,000
Operating earnings5,592,000,000
Cash flow
Operating cash flow3,464,000,000
Capital expenditures986,000,000
Acquisitions of businesses and technologies net of cash-30,000,000
Investing cash flow-1,052,000,000
Financing cash flow-3,152,000,000
Dividends paid2,055,000,000
Purchases of common shares286,000,000
Depreciation693,000,000
Amortization of intangible assets840,000,000
Share based compensation431,000,000
Cash and equivalents end of period6,951,000,000
Free cash flow2,478,000,000

ABT trailing twelve month income statement and cash flow

Trailing twelve months ended June 30, 2026
LabelTrailing twelve months ended June 30, 2026
Period start2025-07-01
Period end2026-06-30
Period typetrailing twelve months
Source accession0001628280-26-050134
Source formderived from the 10-Q filed 2026-07-28 and the 10-K filed 2026-02-20
Income statement
Net sales46,585,000,000
Cost of products sold excluding amortization20,212,000,000
Amortization of intangible assets1,922,000,000
Research and development3,160,000,000
Selling general and administrative13,945,000,000
Total operating cost and expenses39,239,000,000
Operating earnings7,346,000,000
Interest expense766,000,000
Interest income-313,000,000
Net foreign exchange gain loss-41,000,000
Other income expense net-577,000,000
Earnings before taxes7,511,000,000
Taxes on earnings2,086,000,000
Net earnings5,425,000,000
Diluted shares1,745,980,000
Diluted EPS3.11
Cash flow
Operating cash flow9,905,000,000
Capital expenditures2,081,000,000
Dividends paid4,261,000,000
Purchases of common shares1,832,000,000
Depreciation1,524,000,000
Free cash flow7,824,000,000

Adjustments

Value
Splits appliednone
ADR ration/a
FXNone. Abbott reports in U.S. dollars, so no currency conversion was applied.

Notes

  • Annual figures for 2025, 2024 and 2023 come from Abbott's Form 10-K for the year ended December 31, 2025 (accession 0001628280-26-010185). That filing's statement of earnings and statement of cash flows each present three years; the balance sheet presents only December 31, 2025 and December 31, 2024. FY2023 therefore carries an income statement and a cash flow statement here but no balance sheet.
  • Quarterly, six-month and June 30, 2026 balance sheet figures come from Abbott's Form 10-Q for the quarter ended June 30, 2026 (accession 0001628280-26-050134). The quarterly list holds only the two discrete three-month periods that filing prints (the second quarter of 2026 and the second quarter of 2025); its six-month columns are kept separately under year_to_date so a cumulative figure is never read as a quarter. The 10-Q presents a balance sheet only at June 30, 2026 (with December 31, 2025 as the comparative), so the second quarter of 2025 carries no balance sheet.
  • Abbott reports cost of products sold EXCLUDING amortization of intangible assets, and presents no gross profit subtotal. None is stated here; the two cost lines are carried separately, exactly as the statements print them.
  • Abbott presents interest expense, interest (income), net foreign exchange (gain) loss and other (income) expense, net as deductions inside the expense stack below operating earnings, printing income amounts in parentheses. Those lines are carried here on that same basis, so a negative value denotes income: interest_income of -$308 million for fiscal 2025 and -$52 million for the second quarter of 2026 each mean interest INCOME of that amount, not a loss. Keeping the filing's signs is what lets operating earnings less these four lines reconcile to earnings before taxes in every period shown.
  • Abbott's balance sheet prints no total liabilities line. The total liabilities figure here is the sum of total current liabilities, long-term debt, and post-employment obligations, deferred income taxes and other long-term liabilities; it ties to total assets less total shareholders' investment in each period shown. Total debt is the current portion of long-term debt plus long-term debt, as printed on the balance sheet.
  • Abbott publishes no free cash flow figure. Free cash flow here is net cash from operating activities less acquisitions of property and equipment, which is the only capital expenditure line the cash flow statements show.
  • The 10-Q's cash flow statement is presented for the six months ended June 30 only, and Abbott's second-quarter earnings release contains no cash flow statement. No discrete three-month cash flow is published, so neither quarterly entry carries a cash flow block; the six-month cash flows sit under year_to_date.
  • The trailing-twelve-month view is derived, not filed: fiscal 2025 plus the six months ended June 30, 2026, less the six months ended June 30, 2025. Its diluted EPS is trailing net earnings divided by an implied trailing weighted average diluted share count of about 1,746.0 million, rolled forward the same way. Abbott does not publish either figure.
  • On March 23, 2026, Abbott completed the acquisition of Exact Sciences Corporation for approximately $20.6 billion, paying $105 per share in cash, funded primarily by $20.0 billion of long-term debt issued in March 2026. The purchase price allocation is preliminary. This is what moves the June 30, 2026 balance sheet against December 31, 2025: goodwill from $24.0 billion to $35.2 billion, intangible assets from $5.5 billion to $17.2 billion and long-term debt from $9.9 billion to $29.6 billion, with $19,962 million of acquisitions of businesses and technologies in investing activities for the six months. Abbott also assumed about $2.8 billion of Exact Sciences debt, nearly all repaid by June 30, 2026. Exact Sciences contributed roughly $1.0 billion of net sales in the first six months of 2026 and is reported inside the Diagnostic Products segment as Cancer Diagnostics.
  • Second-quarter 2026 net sales rose 13.0 percent from a year earlier while net earnings fell to $928 million from $1,779 million. On the face of the statement of earnings the cost lines that moved most were amortization of intangible assets ($658 million against $420 million), selling, general and administrative expense ($4,025 million against $3,091 million) and interest expense ($351 million against $121 million). The 10-Q attributes the rise in interest expense primarily to interest on debt incurred for the Exact Sciences acquisition.
  • Fiscal 2024's taxes on earnings is a net BENEFIT of $6,389 million rather than an expense, which is why FY2024 net earnings of $13,402 million exceed pre-tax earnings of $7,013 million. The 10-K attributes this to $7.5 billion of non-cash valuation allowance adjustments following the restructuring of certain foreign affiliates and the confirmation of certain tax filing positions. FY2024 net earnings and EPS are not comparable with FY2023 or FY2025 on that basis.
  • Segment figures are prepared on Abbott's internal management-reporting basis and are explicitly not presented in accordance with generally accepted accounting principles. Segment operating earnings exclude intangible asset amortization, corporate functions and benefit costs, net interest, share-based compensation and other net items, so they do not sum to consolidated operating earnings. Reportable-segment net sales also exclude a small 'Other' amount ($17 million in 2025; $5 million in the second quarter of 2026), so the segment total sits just below consolidated net sales.
  • Share counts are recorded in actual shares. The 10-K's statement of earnings states shares in millions and the 10-Q's states them in thousands; both were converted here.
  • No stock split, currency conversion or ADS adjustment applies. Abbott has not split its common stock in the years covered here, reports in U.S. dollars, and is a domestic filer whose common shares trade directly.

Uncertainties

  • No discrete three-month cash flow figure exists for either quarter shown. Abbott's 10-Q presents cash flows cumulatively for the six months, and the second-quarter earnings release furnished on Form 8-K contains no cash flow statement. A quarterly operating or free cash flow figure could not be read from any filing and is therefore absent rather than estimated.
  • The Exact Sciences purchase price allocation is described in the 10-Q as preliminary, and the filing states that differences between the preliminary and final allocation could be material. The goodwill, intangible assets and deferred tax amounts on the June 30, 2026 balance sheet may change as the valuation is completed, which would also change future amortization.
  • The trailing-twelve-month block is a roll-forward, not a reported period. Its diluted EPS in particular rests on an implied weighted average share count rather than one Abbott published, and small differences from a figure computed a different way should be expected.
  • The June 30, 2026 balance sheet and all 2026 quarterly figures are unaudited and condensed, as the 10-Q states.

Company details

Value
NameAbbott Laboratories
TickerABT
CIK0000001800
ExchangeNYSE
StateIllinois
IncorporationIllinois
SIC2834
OfficeLife Sciences
IndustryPharmaceutical Preparations

Fiscal period

FY2026
Fiscal year2026
Fiscal periodQ2
TagFY26Q2
Period end2026-06-30
Form10-Q
Accession0001628280-26-050134
Fiscal year end1231
Sourcederived

Source filings

RoleCurrentFormFiscal yearFiscal periodTagPeriod endFiledAccessionUrlSource
annualno10-K2025FYFY252025-12-312026-02-200001628280-26-010185https://www.sec.gov/Archives/edgar/data/1800/000162828026010185/0001628280-26-010185-index.htmreported
quarterlyyes10-Q2026Q2FY26Q22026-06-302026-07-280001628280-26-050134https://www.sec.gov/Archives/edgar/data/1800/000162828026050134/0001628280-26-050134-index.htmderived

FAQ · Abbott Laboratories financial statements

How much revenue did Abbott report in Q2 FY2026?

Abbott Laboratories reported $12.59 billion in net sales for Q2 FY2026, the quarter ended June 30, 2026. That is up 13.0% from $11.14 billion in the same quarter a year earlier, growth that includes the Exact Sciences business acquired in March 2026.

What was Abbott's earnings per share in Q2 FY2026?

Abbott Laboratories reported diluted earnings per share of $0.53 for Q2 FY2026, the quarter ended June 30, 2026, against $1.01 in the same quarter a year earlier. Net earnings for the quarter were $928 million, down 47.8%.

Why did Abbott's profit fall in Q2 FY2026?

Abbott Laboratories earned $928 million in Q2 FY2026, down 47.8% from $1.78 billion a year earlier, even though net sales rose. Operating earnings were $1.69 billion, down 17.5%, held back by intangible amortization and integration expense from the Exact Sciences acquisition and by higher legal reserves, and the rest of the decline came below the operating line from interest on the acquisition debt and a higher tax charge.

How much did Abbott's Medical Devices segment sell in Q2 FY2026?

Abbott Laboratories' Medical Devices segment, its largest business, had net sales of $5.85 billion in Q2 FY2026, the quarter ended June 30, 2026, up 9.0% from $5.37 billion a year earlier.

Where can I get Abbott Laboratories (ABT) financial data in machine-readable form?

Ticker Scout publishes Abbott Laboratories's financial statements as JSON at https://tickerscout.ai/abt/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/abt/narrative.md and https://tickerscout.ai/abt/events.md. Abbott Laboratories's SEC CIK is 0000001800. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.

When does Abbott Laboratories (ABT) next file with the SEC?

Abbott Laboratories (ABT) is expected to file its next Form 10-Q with the SEC on or around October 28, 2026. That date is a projection rather than a company-announced date: it is derived from Abbott Laboratories's own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0001628280-26-050134.

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How this page was built

This page was built from two of Abbott Laboratories's own filings with the SEC, read one at a time. Nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names four such gaps.

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