What is AbbVie's income tax?

AbbVie (ABBV) reported income tax of $342M in Q1 2026.

How has AbbVie's income tax changed year-over-year?

AbbVie's income tax decreased by 8.1% year-over-year, from $372M to $342M.

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

Over 4 years (2021 to 2025), AbbVie's income tax has grown at a 13.2% compound annual growth rate (CAGR), from $1.44B to $2.36B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

AbbVie ABBV Income Tax

Income Tax at other companies

Eli LillyLLY

$1.45B+109%

PfizerPFE

$461M+344%

Johnson & JohnsonJNJ

$755M-71.3%

AmgenAMGN

$265M+9.1%

Cardinal HealthCAH

$12M-92.4%

Vertex PharmaceuticalsVRTX

$221.5M+163%

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$444.6B+34.7%

P/E122.3×+34.6×

P/S7.1×+1.4×

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:IncomeTaxExpenseBenefit.

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 income tax?: AbbVie (ABBV) reported income tax of $342M in Q1 2026.
How has AbbVie's income tax changed year-over-year?: AbbVie's income tax decreased by 8.1% year-over-year, from $372M to $342M.
What is the long-term trend for AbbVie's income tax?: Over 4 years (2021 to 2025), AbbVie's income tax has grown at a 13.2% compound annual growth rate (CAGR), from $1.44B to $2.36B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.