Cost of Revenue

Total Cost of Revenue

Abbott Total Cost of Revenue decreased by 0.7% to $4.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $4.47B to $4.89B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows relatively stable performance with a 1.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...

Peer comparison

Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.

Metric ID: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.95B$4.42B$4.77B$4.99B$4.93B$4.63B$4.59B$4.33B$4.48B$4.61B$4.56B$4.46B$4.60B$4.70B$4.94B$4.47B$4.85B$5.08B$4.92B$4.89B
QoQ Change-10.6%+7.8%+4.6%-1.1%-6.2%-0.8%-5.7%+3.5%+2.7%-1.1%-2.0%+3.1%+2.1%+5.2%-9.6%+8.6%+4.6%-3.0%-0.7%
YoY Change-0.3%+4.7%-3.6%-13.2%-9.1%-0.5%-0.8%+3.0%+2.7%+2.0%+8.5%+0.1%+5.5%+8.0%-0.4%+9.4%
Range$4.33B$5.08B
CAGR-0.2%
Avg YoY Growth+1.0%
Median YoY Growth+1.1%
Current Streak2 quarters decline

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Medical Devices$1.60B$1.76B$1.77B-$12.10B$1.81B
Diagnostic Products$1.15B$1.22B$1.29B-$8.65B$1.24B
Nutritional Products$1.12B$1.16B$1.22B-$8.07B$1.09B
Established Pharmaceuticals$569.00M$631.00M$714.00M-$4.53B$644.00M
Total$4.47B$4.85B$5.08B$4.92B$4.89B

Frequently Asked Questions

What is Abbott's total cost of revenue?
Abbott (ABT) reported total cost of revenue of $4.89B in Q1 2026.
How has Abbott's total cost of revenue changed year-over-year?
Abbott's total cost of revenue increased by 9.4% year-over-year, from $4.47B to $4.89B.
What is the long-term trend for Abbott's total cost of revenue?
Over 4 years (2021 to 2025), Abbott's total cost of revenue has grown at a 1.0% compound annual growth rate (CAGR), from $18.54B to $19.32B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sold during a specific period.