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AbbVie ABBV International — Collaboration revenues

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Other financials

Income statement

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Revenue$17.0B+10.2%
Gross profit$12.7B+14.6%
Operating income$6.4B+31.4%
Net income$3.6B+285%
EPS (diluted)$2.03+290%

Balance sheet

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Cash & equivalents$9.4B+81.5%
Total debt$62.4B+1.8%
Total equity-$6.7B-569%
Total assets$136.46B+0.2%

Cash flow

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Operating cash flow$3.8B+134%
CapEx$265.0M+12.8%
Free cash flow$3.6B+155%

Valuation

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Market cap$435.06B+25.5%
P/E69×-23.2×
P/S6.8×+0.8×

Profitability

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Gross margin71.5%+0.5pp
Operating margin26.2%
Net margin9.8%+3.3pp
FCF margin31.8%+5.0pp

Returns & leverage

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Return on equity89%+32.7pp
Debt / equity46.6×+38.6×
Current ratio0.8×0.0×

Where this comes from

Reported directly by AbbVie in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer.

The source filing: AbbVie’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 12:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001551152-26-000017

Outside the United States, AbbVie’s share of profits was $224 million for the three months ended March 31, 2026 and $209 million for the three months ended March 31, 2025. Other costs for the three months ended March 31, 2026 and 2025 were insignificant.

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is AbbVie's international — collaboration revenues?
AbbVie (ABBV) reported international — collaboration revenues of $224M in Q1 2026.
How has AbbVie's international — collaboration revenues changed year-over-year?
AbbVie's international — collaboration revenues increased by 7.2% year-over-year, from $209M to $224M.
What does international — collaboration revenues mean?
This metric represents the company's proportional share of profits derived from international collaborative arrangements or joint ventures with external pharmaceutical partners. It reflects the economic benefits generated from shared research, development, or commercialization efforts outside of the domestic market. These revenues are typically recognized when the company acts as a participant in a strategic alliance rather than the primary manufacturer or distributor.

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