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Abbott ABT Medical Devices — Remaining performance obligations

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Diagnostic Products
$6.2B+8.8%

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$7B

Other financials

Income statement

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Revenue$11.2B+7.8%
Gross profit$6.3B+6.5%
Operating income$1.3B-20.6%
Net income$1.1B-18.7%
EPS (diluted)$0.61-19.7%

Balance sheet

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Cash & equivalents$6.8B+4.2%
Total debt$34.0B+157%
Total equity$52.1B+6.7%
Total assets$110.43B+35.6%

Cash flow

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Operating cash flow$1.3B-7.2%
CapEx$399.0M-17.6%
Free cash flow$916.0M-1.8%

Valuation

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Market cap$154.15B-22.5%
Enterprise value$181.39B-13.1%
P/E24.6×+9.8×
P/S3.4×-1.3×

Profitability

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Gross margin56.3%+0.4pp
Operating margin17.1%+0.2pp
Net margin13.9%-18.0pp

Returns & leverage

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Return on equity12.4%-18.4pp
Debt / equity0.7×+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:RevenueRemainingPerformanceObligation.

The official record: Abbott’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Abbott's medical devices — remaining performance obligations?
Abbott (ABT) reported medical devices — remaining performance obligations of $429M in Q1 2026.
How has Abbott's medical devices — remaining performance obligations changed year-over-year?
Abbott's medical devices — remaining performance obligations increased by 1.4% year-over-year, from $423M to $429M.
What is the long-term trend for Abbott's medical devices — remaining performance obligations?
Over 4 years (2021 to 2025), Abbott's medical devices — remaining performance obligations has grown at a 0.5% compound annual growth rate (CAGR), from $1.69B to $1.73B.
What does medical devices — remaining performance obligations mean?
The total value of contracted work that has not yet been delivered or recognized as revenue.
How do you interpret medical devices — remaining performance obligations?
An increase suggests a growing backlog of future business, while a decrease may indicate a slowdown in new contract signings or faster fulfillment.
How does medical devices — remaining performance obligations compare across companies?
Common in companies with service-heavy or long-term contract-based medical device business models.