What is AbbVie's capex?

AbbVie (ABBV) reported capex of $265M in Q1 2026.

How has AbbVie's capex changed year-over-year?

AbbVie's capex increased by 12.8% year-over-year, from $235M to $265M.

What is the long-term trend for AbbVie's capex?

Over 4 years (2021 to 2025), AbbVie's capex has grown at a 11.4% compound annual growth rate (CAGR), from $787M to $1.21B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

AbbVie ABBV CapEx

CapEx at other companies

Eli LillyLLY

$2.33B+54.0%

PfizerPFE

$436M-22.7%

Johnson & JohnsonJNJ

$1.05B+31.9%

AmgenAMGN

$712M+73.2%

The Cooper Companies, Inc.COO

$86.4M+10.6%

Cardinal HealthCAH

$146M+15.9%

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%

Free cash flow$3.6B+155%

Valuation

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Market cap$429.58B+31.2%

P/E118.2×+40.2×

P/S6.8×+1.1×

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:PaymentsToAcquirePropertyPlantAndEquipment.

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 capex?: AbbVie (ABBV) reported capex of $265M in Q1 2026.
How has AbbVie's capex changed year-over-year?: AbbVie's capex increased by 12.8% year-over-year, from $235M to $265M.
What is the long-term trend for AbbVie's capex?: Over 4 years (2021 to 2025), AbbVie's capex has grown at a 11.4% compound annual growth rate (CAGR), from $787M to $1.21B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.