
Abbvie Inc
NYSE:ABBV

Income Statement
Earnings Waterfall
Abbvie Inc
Revenue
|
56.3B
USD
|
Cost of Revenue
|
-16.9B
USD
|
Gross Profit
|
39.4B
USD
|
Operating Expenses
|
-22.9B
USD
|
Operating Income
|
16.5B
USD
|
Other Expenses
|
-12.3B
USD
|
Net Income
|
4.2B
USD
|
Income Statement
Abbvie Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
430
|
492
|
591
|
650
|
719
|
802
|
875
|
939
|
1 047
|
1 105
|
1 144
|
1 166
|
1 150
|
1 185
|
1 221
|
1 267
|
1 348
|
1 426
|
1 464
|
1 605
|
1 784
|
1 960
|
2 234
|
2 384
|
2 454
|
2 523
|
2 506
|
2 472
|
2 423
|
2 339
|
2 280
|
2 244
|
2 230
|
2 235
|
2 231
|
2 226
|
2 224
|
2 331
|
2 505
|
2 670
|
2 808
|
|
Revenue |
19 960
N/A
|
20 437
+2%
|
20 986
+3%
|
21 911
+4%
|
22 859
+4%
|
23 777
+4%
|
24 754
+4%
|
25 242
+2%
|
25 638
+2%
|
26 218
+2%
|
26 710
+2%
|
27 273
+2%
|
28 216
+3%
|
29 612
+5%
|
30 946
+5%
|
32 187
+4%
|
32 753
+2%
|
32 647
0%
|
32 624
0%
|
32 867
+1%
|
33 266
+1%
|
34 057
+2%
|
36 227
+6%
|
40 650
+12%
|
45 804
+13%
|
50 195
+10%
|
53 729
+7%
|
55 169
+3%
|
56 197
+2%
|
56 725
+1%
|
57 349
+1%
|
57 819
+1%
|
58 054
+0%
|
56 741
-2%
|
56 023
-1%
|
55 138
-2%
|
54 318
-1%
|
54 403
+0%
|
55 000
+1%
|
55 533
+1%
|
56 334
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 360)
|
(4 214)
|
(4 041)
|
(4 055)
|
(4 500)
|
(4 800)
|
(5 307)
|
(5 737)
|
(5 814)
|
(6 116)
|
(6 267)
|
(6 413)
|
(7 158)
|
(7 408)
|
(7 722)
|
(7 849)
|
(7 557)
|
(7 408)
|
(7 376)
|
(7 557)
|
(7 606)
|
(7 814)
|
(9 669)
|
(12 757)
|
(15 257)
|
(17 637)
|
(18 424)
|
(17 718)
|
(17 314)
|
(17 143)
|
(16 789)
|
(16 673)
|
(16 527)
|
(16 478)
|
(16 542)
|
(16 679)
|
(18 226)
|
(18 348)
|
(18 342)
|
(18 189)
|
(16 904)
|
|
Gross Profit |
15 600
N/A
|
16 223
+4%
|
16 945
+4%
|
17 856
+5%
|
18 359
+3%
|
18 977
+3%
|
19 447
+2%
|
19 505
+0%
|
19 824
+2%
|
20 102
+1%
|
20 443
+2%
|
20 860
+2%
|
21 058
+1%
|
22 204
+5%
|
23 224
+5%
|
24 338
+5%
|
25 196
+4%
|
25 239
+0%
|
25 248
+0%
|
25 310
+0%
|
25 660
+1%
|
26 243
+2%
|
26 558
+1%
|
27 893
+5%
|
30 547
+10%
|
32 558
+7%
|
35 305
+8%
|
37 451
+6%
|
38 883
+4%
|
39 582
+2%
|
40 560
+2%
|
41 146
+1%
|
41 527
+1%
|
40 263
-3%
|
39 481
-2%
|
38 459
-3%
|
36 092
-6%
|
36 055
0%
|
36 658
+2%
|
37 344
+2%
|
39 430
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 830)
|
(11 990)
|
(12 368)
|
(12 580)
|
(10 488)
|
(10 505)
|
(10 411)
|
(10 006)
|
(10 221)
|
(10 423)
|
(10 560)
|
(10 747)
|
(11 257)
|
(11 789)
|
(12 644)
|
(13 157)
|
(13 128)
|
(13 062)
|
(12 425)
|
(12 180)
|
(12 339)
|
(12 317)
|
(14 518)
|
(16 170)
|
(17 480)
|
(19 288)
|
(18 972)
|
(19 552)
|
(19 410)
|
(19 449)
|
(21 428)
|
(21 351)
|
(21 404)
|
(21 506)
|
(19 514)
|
(19 514)
|
(19 539)
|
(20 087)
|
(20 632)
|
(21 868)
|
(22 933)
|
|
Selling, General & Administrative |
(7 724)
|
(7 857)
|
(8 112)
|
(7 991)
|
(6 387)
|
(6 269)
|
(6 032)
|
(5 939)
|
(5 855)
|
(5 868)
|
(5 906)
|
(5 977)
|
(6 275)
|
(6 698)
|
(6 954)
|
(7 421)
|
(7 399)
|
(7 288)
|
(7 182)
|
(6 920)
|
(6 942)
|
(6 957)
|
(8 830)
|
(10 019)
|
(11 299)
|
(12 379)
|
(11 929)
|
(12 060)
|
(11 996)
|
(12 278)
|
(14 537)
|
(14 776)
|
(14 861)
|
(14 799)
|
(12 680)
|
(12 797)
|
(12 680)
|
(12 941)
|
(13 101)
|
(13 929)
|
(14 649)
|
|
Research & Development |
(3 297)
|
(3 336)
|
(3 483)
|
(4 089)
|
(4 101)
|
(4 236)
|
(4 379)
|
(4 067)
|
(4 366)
|
(4 555)
|
(4 654)
|
(4 770)
|
(4 982)
|
(5 091)
|
(5 190)
|
(5 236)
|
(5 229)
|
(5 274)
|
(5 243)
|
(5 260)
|
(5 407)
|
(5 497)
|
(5 788)
|
(6 209)
|
(6 181)
|
(6 909)
|
(7 111)
|
(7 060)
|
(6 982)
|
(6 739)
|
(6 563)
|
(6 518)
|
(6 487)
|
(6 661)
|
(6 785)
|
(6 897)
|
(7 038)
|
(7 315)
|
(7 531)
|
(7 939)
|
(8 291)
|
|
Other Operating Expenses |
(809)
|
(797)
|
(773)
|
(500)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(500)
|
(500)
|
(500)
|
(500)
|
0
|
0
|
10
|
137
|
100
|
58
|
0
|
0
|
68
|
(432)
|
(432)
|
(432)
|
(328)
|
(57)
|
(56)
|
(46)
|
(49)
|
180
|
179
|
169
|
0
|
0
|
7
|
|
Operating Income |
3 770
N/A
|
4 233
+12%
|
4 577
+8%
|
5 276
+15%
|
7 871
+49%
|
8 472
+8%
|
9 036
+7%
|
9 499
+5%
|
9 603
+1%
|
9 679
+1%
|
9 883
+2%
|
10 113
+2%
|
9 801
-3%
|
10 415
+6%
|
10 580
+2%
|
11 181
+6%
|
12 068
+8%
|
12 177
+1%
|
12 823
+5%
|
13 130
+2%
|
13 321
+1%
|
13 926
+5%
|
12 040
-14%
|
11 723
-3%
|
13 067
+11%
|
13 270
+2%
|
16 333
+23%
|
17 899
+10%
|
19 473
+9%
|
20 133
+3%
|
19 132
-5%
|
19 795
+3%
|
20 123
+2%
|
18 757
-7%
|
19 967
+6%
|
18 945
-5%
|
16 553
-13%
|
15 968
-4%
|
16 026
+0%
|
15 476
-3%
|
16 497
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 069)
|
(1 291)
|
(1 395)
|
(1 392)
|
(879)
|
(1 179)
|
(1 223)
|
(1 166)
|
(1 248)
|
(990)
|
(981)
|
(1 001)
|
(1 324)
|
(1 374)
|
(1 487)
|
(1 583)
|
(1 329)
|
(1 317)
|
(1 269)
|
(1 308)
|
(1 384)
|
(1 653)
|
(1 981)
|
(2 182)
|
(2 351)
|
(2 549)
|
(2 526)
|
(2 483)
|
(2 435)
|
(2 368)
|
(2 327)
|
(2 263)
|
(2 192)
|
(2 117)
|
(2 029)
|
(1 919)
|
(1 830)
|
(1 798)
|
(1 814)
|
(1 979)
|
(2 181)
|
|
Non-Reccuring Items |
(359)
|
(486)
|
(493)
|
(178)
|
(334)
|
(256)
|
(303)
|
(383)
|
(239)
|
(190)
|
(135)
|
(55)
|
(327)
|
(396)
|
(381)
|
(436)
|
(5 524)
|
(5 610)
|
(5 701)
|
(6 646)
|
(505)
|
(350)
|
(1 112)
|
(157)
|
(1 704)
|
(1 407)
|
(781)
|
(1 296)
|
(1 549)
|
(1 595)
|
(1 740)
|
(2 106)
|
(2 006)
|
(2 589)
|
(2 581)
|
(3 881)
|
(3 796)
|
(3 181)
|
(3 754)
|
(1 654)
|
(7 360)
|
|
Total Other Income |
27
|
23
|
35
|
(22)
|
(13)
|
(12)
|
(67)
|
(140)
|
(232)
|
(305)
|
(316)
|
(525)
|
(423)
|
(207)
|
(615)
|
(399)
|
(18)
|
(306)
|
(2 114)
|
(2 197)
|
(3 006)
|
(2 943)
|
(1 467)
|
(1 405)
|
(5 614)
|
(5 147)
|
(7 003)
|
(6 909)
|
(2 500)
|
(2 119)
|
(994)
|
(643)
|
(2 448)
|
(5 028)
|
(4 907)
|
(5 142)
|
(4 677)
|
(3 459)
|
(3 392)
|
(4 646)
|
(3 240)
|
|
Pre-Tax Income |
2 369
N/A
|
2 479
+5%
|
2 724
+10%
|
3 684
+35%
|
6 645
+80%
|
7 025
+6%
|
7 443
+6%
|
7 810
+5%
|
7 884
+1%
|
8 194
+4%
|
8 451
+3%
|
8 532
+1%
|
7 727
-9%
|
8 438
+9%
|
8 097
-4%
|
8 763
+8%
|
5 197
-41%
|
4 944
-5%
|
3 739
-24%
|
2 979
-20%
|
8 426
+183%
|
8 980
+7%
|
7 480
-17%
|
7 979
+7%
|
3 398
-57%
|
4 167
+23%
|
6 023
+45%
|
7 211
+20%
|
12 989
+80%
|
14 051
+8%
|
14 071
+0%
|
14 783
+5%
|
13 477
-9%
|
9 023
-33%
|
10 450
+16%
|
8 003
-23%
|
6 250
-22%
|
7 530
+20%
|
7 066
-6%
|
7 197
+2%
|
3 716
-48%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(595)
|
(663)
|
(640)
|
(867)
|
(1 501)
|
(1 549)
|
(1 723)
|
(1 731)
|
(1 931)
|
(1 884)
|
(1 836)
|
(1 884)
|
(2 018)
|
(1 657)
|
(1 248)
|
(798)
|
576
|
502
|
465
|
362
|
(544)
|
(544)
|
(524)
|
(594)
|
1 224
|
1 000
|
652
|
331
|
(1 440)
|
(1 564)
|
(1 425)
|
(1 365)
|
(1 632)
|
(1 430)
|
(1 758)
|
(1 482)
|
(1 377)
|
(1 526)
|
(1 716)
|
(2 064)
|
570
|
|
Income from Continuing Operations |
1 774
|
1 816
|
2 084
|
2 817
|
5 144
|
5 476
|
5 720
|
6 079
|
5 953
|
6 310
|
6 615
|
6 648
|
5 709
|
6 781
|
6 849
|
7 965
|
5 773
|
5 446
|
4 204
|
3 341
|
7 882
|
8 436
|
6 956
|
7 385
|
4 622
|
5 167
|
6 675
|
7 542
|
11 549
|
12 487
|
12 646
|
13 418
|
11 845
|
7 593
|
8 692
|
6 521
|
4 873
|
6 004
|
5 350
|
5 133
|
4 286
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(4)
|
(6)
|
(8)
|
(12)
|
(8)
|
(7)
|
(8)
|
(9)
|
(11)
|
(9)
|
(8)
|
(7)
|
(7)
|
(10)
|
(11)
|
(11)
|
(11)
|
(8)
|
|
Net Income (Common) |
1 774
N/A
|
1 816
+2%
|
2 084
+15%
|
2 817
+35%
|
5 144
+83%
|
5 476
+6%
|
5 705
+4%
|
6 056
+6%
|
5 923
-2%
|
6 271
+6%
|
6 582
+5%
|
6 615
+1%
|
5 283
-20%
|
6 352
+20%
|
6 419
+1%
|
7 531
+17%
|
5 657
-25%
|
5 330
-6%
|
4 090
-23%
|
3 229
-21%
|
7 842
+143%
|
8 395
+7%
|
6 906
-18%
|
7 323
+6%
|
4 556
-38%
|
5 091
+12%
|
6 596
+30%
|
7 463
+13%
|
11 468
+54%
|
12 405
+8%
|
12 569
+1%
|
13 342
+6%
|
11 782
-12%
|
7 534
-36%
|
8 634
+15%
|
6 470
-25%
|
4 820
-26%
|
5 950
+23%
|
5 297
-11%
|
5 081
-4%
|
4 238
-17%
|
|
EPS (Diluted) |
1.11
N/A
|
1.11
N/A
|
1.27
+14%
|
1.7
+34%
|
3.14
+85%
|
3.36
+7%
|
3.42
+2%
|
3.69
+8%
|
3.63
-2%
|
3.91
+8%
|
4.11
+5%
|
4.11
N/A
|
3.29
-20%
|
3.97
+21%
|
4.08
+3%
|
4.97
+22%
|
3.65
-27%
|
3.59
-2%
|
2.75
-23%
|
2.17
-21%
|
5.28
+143%
|
5.22
-1%
|
4.19
-20%
|
4.12
-2%
|
2.72
-34%
|
2.86
+5%
|
3.71
+30%
|
4.2
+13%
|
6.45
+54%
|
6.98
+8%
|
7.07
+1%
|
7.5
+6%
|
6.63
-12%
|
4.23
-36%
|
4.86
+15%
|
3.65
-25%
|
2.72
-25%
|
3.36
+24%
|
2.99
-11%
|
2.87
-4%
|
2.39
-17%
|