AbbVie
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. AbbVie's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $54,318,000,000. Profit margin reached 9%. Total operating expenses were $21,146,000,000.
Profit Margin
| 2014 | 19.96B | 1.77B | 8.89% |
|---|---|---|---|
| 2015 | 22.85B | 5.14B | 22.5% |
| 2016 | 25.63B | 5.95B | 23.22% |
| 2017 | 28.21B | 5.30B | 18.82% |
| 2018 | 32.75B | 5.68B | 17.36% |
| 2019 | 33.26B | 7.88B | 23.69% |
| 2020 | 45.80B | 4.61B | 10.08% |
| 2021 | 56.19B | 11.54B | 20.54% |
| 2022 | 58.05B | 11.83B | 20.39% |
| 2023 | 54.31B | 4.86B | 8.95% |
ABBV Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 54.31B | 58.05B | 56.19B | 45.80B | 33.26B | 32.75B | 28.21B | 25.63B | 22.85B | 19.96B |
Cost of revenue | 20.41B | 17.41B | 17.44B | 15.38B | 7.43B | 7.71B | 7.04B | 5.83B | 4.5B | 4.42B |
Gross profit | 33.90B | 40.64B | 38.75B | 30.41B | 25.82B | 25.03B | 21.17B | 19.80B | 18.35B | 15.53B |
Operating exp. | ||||||||||
Research and development | 8.45B | 6.51B | 7.08B | 6.55B | 6.40B | 10.32B | 4.98B | 4.36B | 4.28B | 3.29B |
Selling and marketing | 2.2B | 2B | 2.1B | 1.8B | 1.1B | 0 | 846M | 0 | 704M | 665M |
Total operating expenses | 21.14B | 21.82B | 19.86B | 17.85B | 12.45B | 18.22B | 11.25B | 10.22B | 10.67B | 11.77B |
Operating income | 12.75B | 18.11B | 17.92B | 11.36B | 12.98B | 6.38B | 9.54B | 9.38B | 7.53B | 3.41B |
Other income (expenses), net | -6.50B | -3.29B | -3.51B | -7.96B | -4.55B | -466M | -1.81B | -735M | -892M | -1.04B |
Income before tax | 6.25B | 13.47B | 12.98B | 3.39B | 8.42B | 5.19B | 7.72B | 7.88B | 6.64B | 2.36B |
Income tax expense | 1.37B | 1.63B | 1.44B | 1.22B | 544M | -490M | 2.41B | 1.93B | 1.50B | 595M |
Net income | 4.86B | 11.83B | 11.54B | 4.61B | 7.88B | 5.68B | 5.30B | 5.95B | 5.14B | 1.77B |
Earnings per share | ||||||||||
Basic EPS | 2.73 | 6.65 | 6.48 | 2.73 | 5.3 | 3.69 | 3.31 | 3.65 | 3.15 | 1.11 |
Diluted EPS | 2.72 | 6.63 | 6.45 | 2.72 | 5.28 | 3.68 | 3.3 | 3.63 | 3.13 | 1.1 |
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