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Abbott ABT Diagnostic Products — Goodwill, non-deductible

Other segment segments

Medical Devices
$17.3B0.0%
Established Pharmaceuticals
$2.7B0.0%
Nutritional Products
$300M+5.3%

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Other financials

Income statement

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Revenue$12.6B+13.0%
Gross profit$7.3B+15.6%
Operating income$1.7B-17.5%
Net income$928.0M-47.8%
EPS (diluted)$0.53-47.5%

Balance sheet

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Cash & equivalents$5.1B-26.6%
Total debt$32.6B+143%
Total equity$51.1B+1.1%
Total assets$109.22B+30.0%

Cash flow

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Operating cash flow$2.5B+21.5%
CapEx$497.0M-1.0%
Free cash flow$2.0B+28.9%

Valuation

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Market cap$182.92B-19.7%
Enterprise value$210.42B-10.2%
P/E33.7×+17.4×
P/S3.9×-1.4×

Profitability

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Gross margin56.6%+0.6pp
Operating margin15.8%-1.7pp
Net margin11.6%-20.8pp
FCF margin16.8%+1.1pp

Returns & leverage

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Return on equity10.7%-20.4pp
Debt / equity0.6×+0.4×
Current ratio1.4×-0.4×

Where this comes from

Reported directly by Abbott in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Abbott’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050134

The total amount of goodwill reported was $35.2 billion at June 30, 2026, and $24.0 billion at December 31, 2025. Goodwill increased by $11.4 billion in the first six months of 2026 due to the completion of the Exact Sciences acquisition. Foreign currency translation adjustments decreased goodwill by $0.2 billion in the first six months of 2026. The amount of goodwill related to reportable segments at June 30, 2026, was $2.7 billion for the Established Pharmaceutical Products segment, $0.3 billion for the Nutritional Products segment, $15.0 billion for the Diagnostic Products segment, and $17.3 billion for the Medical Devices segment. The Diagnostic Products segment includes the amount of goodwill related to the Exact Sciences acquisition. There were no reductions of goodwill relating to impairments in the first six months of 2026.

Item 1. Financial Statements and Supplementary Data

FAQ

What is Abbott's diagnostic products — goodwill, non-deductible?
Abbott (ABT) reported diagnostic products — goodwill, non-deductible of $15B in Q2 2026.
How has Abbott's diagnostic products — goodwill, non-deductible changed year-over-year?
Abbott's diagnostic products — goodwill, non-deductible increased by 316.7% year-over-year, from $3.6B to $15B.
What is the long-term trend for Abbott's diagnostic products — goodwill, non-deductible?
Over 4 years (2021 to 2025), Abbott's diagnostic products — goodwill, non-deductible has grown at a -1.4% compound annual growth rate (CAGR), from $15.1B to $14.3B.
What does diagnostic products — goodwill, non-deductible mean?
The portion of goodwill arising from acquisitions within the diagnostics segment that cannot be deducted for tax purposes. This represents the premium paid over the fair value of net identifiable assets that does not provide a future tax shield.

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