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AbbVie ABBV Qulipta — Net revenues

Other product segments

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$4.48B+30.9%
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$1.03B-18.2%
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$1.01B+16.5%
Vraylar
$905M+18.3%
Venclexta
$770M+15.8%
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$688M-38.6%
Botox Cosmetic
$668M+20.1%
Imbruvica
$556M-24.7%
Mavyret
$351M+14.7%
Ubrelvy
$339M+41.3%
Other Aesthetics
$286M-9.2%
Linzess
$283M+91.2%
Juvederm Collection
$232M+0.4%
Vyalev
$201M+219%
Elahere
$198M+10.6%
Other Neuroscience
$125M-19.4%
Epkinly
$83M+62.7%

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Other financials

Income statement

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Revenue$15.0B+12.4%
Gross profit$10.8B+15.4%
Operating income$4.0B+6.9%
Net income$695.0M-46.0%
EPS (diluted)$0.39-45.8%

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$465.2B+39.1%
P/E128×+39.1×
P/S7.4×+1.7×

Profitability

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Gross margin70.7%0.0pp
Operating margin24.4%
Net margin5.8%-1.5pp
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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: AbbVie’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AbbVie's qulipta — net revenues?
AbbVie (ABBV) reported qulipta — net revenues of $296M in Q1 2026.
How has AbbVie's qulipta — net revenues changed year-over-year?
AbbVie's qulipta — net revenues increased by 53.4% year-over-year, from $193M to $296M.
What does qulipta — net revenues mean?
This metric represents the total gross sales of the specific pharmaceutical product line, adjusted for returns, allowances, and rebates. It serves as a key indicator of the product's market adoption, competitive positioning in the neurology or migraine treatment space, and its contribution to the company's overall top-line growth. Tracking this revenue stream helps investors assess the commercial success of the drug following its regulatory approval and launch phase.