Abbott Laboratories (ABT) Financial Statements

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Abbott Laboratories financial statements at a glance

Abbott Laboratories reported revenue of $44.33 billion for fiscal year 2025 (ended December 31, 2025), up 5.7% from fiscal year 2024. Net income was $6.52 billion, a net margin of 14.7%, and diluted earnings per share were $3.72.

At the end of fiscal year 2025 it had total assets of $86.71 billion, total liabilities of $33.94 billion and shareholders' equity of $52.13 billion, with cash and short-term investments of $8.94 billion and total debt of $13.86 billion.

Its operations brought in $9.57 billion of cash; capital spending was $2.17 billion, leaving free cash flow of $7.40 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Abbott Laboratories

ABTUnited States
Healthcare
USD (Local)

Income Statement

Annual • USD

Total Revenue
44.33B
Prev Year: 41.95B
YoY: +5.7%
Operating Revenue
44.33B
Prev Year: 41.95B
YoY: +5.7%
Total Unusual Items Excluding Goodwill
50.00M
Prev Year: 27.00M
YoY: +85.2%
Total Unusual Items
50.00M
Prev Year: 27.00M
YoY: +85.2%
Normalized EBITDA
12.03B
Prev Year: 10.76B
YoY: +11.7%
Tax Rate for Calcs
0.229
Prev Year: 0.21
YoY: +9.0%
Tax Effect of Unusual Items
11.45M
Prev Year: 5.67M
YoY: +101.9%
Interest Income
308.00M
Prev Year: 344.00M
YoY: -10.5%
Gain on Sale of Securities
50.00M
Prev Year: 27.00M
YoY: +85.2%
Net Income from Discontinued Operations
-
Non-operating Interest Income
308.00M
Prev Year: 344.00M
YoY: -10.5%
Cost of Revenue
19.32B
Prev Year: 18.71B
YoY: +3.3%
Gross Profit
25.01B
Prev Year: 23.24B
YoY: +7.6%
Operating Expense
16.96B
Prev Year: 16.42B
YoY: +3.3%
Selling General and Administrative
12.33B
Prev Year: 11.70B
YoY: +5.4%
Research and Development
2.94B
Prev Year: 2.84B
YoY: +3.4%
Depreciation Amortization Depletion
1.68B
Prev Year: 1.88B
YoY: -10.4%
Depreciation and amortization
1.68B
Prev Year: 1.88B
YoY: -10.4%
Amortization
1.68B
Prev Year: 1.88B
YoY: -10.4%
Amortization of Intangibles
1.68B
Prev Year: 1.88B
YoY: -10.4%
Operating Income
8.05B
Prev Year: 6.83B
YoY: +18.0%
Net Non Operating Interest Income Expense
-185.00M
Prev Year: -215.00M
YoY: +14.0%
Non-operating Interest Expense
493.00M
Prev Year: 559.00M
YoY: -11.8%
Other Income Expense
598.00M
Prev Year: 403.00M
YoY: +48.4%
Other Non-operating Income (expense)
548.00M
Prev Year: 376.00M
YoY: +45.7%
Special Income Charges
-
Pre-tax Income
8.47B
Prev Year: 7.01B
YoY: +20.7%
Provision for Income Taxes
1.94B
Prev Year: -6.39B
YoY: +130.4%
Net Income Common Stockholders
6.52B
Prev Year: 13.40B
YoY: -51.3%
Net Income
6.52B
Prev Year: 13.40B
YoY: -51.3%
Net Income Including Non-Controlling Interests
6.52B
Prev Year: 13.40B
YoY: -51.3%
Net Income from Continuing Operations
6.52B
Prev Year: 13.40B
YoY: -51.3%
Diluted NI Available to Com Stockholders
6.52B
Prev Year: 13.40B
YoY: -51.3%
Basic EPS
3.757
Prev Year: 7.739
YoY: -51.5%
Diluted EPS
3.72
Prev Year: 7.64
YoY: -51.3%
Weighted Average Shares (basic)
1.74B
Prev Year: 1.73B
YoY: +0.3%
Weighted Average Shares (diluted)
1.75B
Prev Year: 1.75B
YoY: +0.1%
Total Operating Income as Reported
8.05B
Prev Year: 6.83B
YoY: +18.0%
Total Expenses
36.27B
Prev Year: 35.13B
YoY: +3.3%
Net Income from Continuing and Discontinued Operation
6.52B
Prev Year: 13.40B
YoY: -51.3%
Normalized Income
6.49B
Prev Year: 13.38B
YoY: -51.5%
Interest Expense
493.00M
Prev Year: 559.00M
YoY: -11.8%
Net Interest Income
-185.00M
Prev Year: -215.00M
YoY: +14.0%
EBIT
8.96B
Prev Year: 7.57B
YoY: +18.3%
EBITDA
12.07B
Prev Year: 10.79B
YoY: +11.9%
Reconciled Cost of Revenue
17.89B
Prev Year: 17.37B
YoY: +3.0%
Reconciled Depreciation
3.12B
Prev Year: 3.22B
YoY: -3.2%
Net Income from Continuing Operation Net Minority Interest
6.52B
Prev Year: 13.40B
YoY: -51.3%
Values in USD

Abbott Laboratories key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$44.3B$42.0B$40.1B$43.7B$43.1B
Gross profit$25.0B$23.2B$22.1B$24.5B$24.5B
Operating income$8.1B$6.8B$6.5B$8.4B$8.4B
Net income$6.5B$13.4B$5.7B$6.9B$7.1B
Diluted EPS$3.72$7.64$3.26$3.91$3.94
Total assets$86.7B$81.4B$73.2B$74.4B$75.2B
Total liabilities$33.9B$33.5B$34.4B$37.5B$39.2B
Shareholders' equity$52.1B$47.7B$38.6B$36.7B$35.8B
Cash and short-term investments$8.9B$8.0B$7.3B$10.2B$10.2B
Total debt$13.9B$15.0B$15.6B$17.7B$19.0B
Operating cash flow$9.6B$8.6B$7.3B$9.6B$10.5B
Capital spending$2.2B$2.2B$2.2B$1.8B$1.9B
Free cash flow$7.4B$6.4B$5.1B$7.8B$8.6B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Abbott Laboratories's revenue in fiscal year 2025?

$44.33 billion, up 5.7% from $41.95 billion in fiscal year 2024.

How much profit does Abbott Laboratories make?

Abbott Laboratories reported net income of $6.52 billion for fiscal year 2025 (14.7% of revenue); operating income was $8.05 billion.

How much cash and debt does Abbott Laboratories have?

At the end of fiscal year 2025: cash and short-term investments of $8.94 billion and total debt of $13.86 billion.

What is Abbott Laboratories's free cash flow?

$7.40 billion in fiscal year 2025 (operating cash flow of $9.57 billion minus capital spending of $2.17 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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