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Abbott ABT Medical Devices — R&D

Other segment segments

Diagnostic Products
$155M+2.6%
Nutritional Products
$54M+3.8%
Established Pharmaceuticals
$41M-2.4%

Similar metrics at other companies

3M logo
MMMResearch, development and related expenses
$308M+8.1%
Amgen logo
AMGNReportable Segment — R&D
$1.72B+15.7%
Boston Scientific logo
BSXMedSurg — Research and development expenses
$127M+5.0%
Semtech logo
SMTCR&D
$57.57M+21.1%
Analog Devices logo
ADIReportable Segment — R&D
$150.19M+13.4%
STERIS logo
STEHealthcare — R&D
$25.3M+6.8%

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:ResearchAndDevelopmentExpense.

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 — R&D?
Abbott (ABT) reported medical devices — R&D of $444M in Q1 2026.
How has Abbott's medical devices — R&D changed year-over-year?
Abbott's medical devices — R&D increased by 10.7% year-over-year, from $401M to $444M.
What is the long-term trend for Abbott's medical devices — R&D?
Over 3 years (2022 to 2025), Abbott's medical devices — R&D has grown at a 9.7% compound annual growth rate (CAGR), from $1.33B to $1.75B.
What does medical devices — R&D mean?
The total spending on developing new products and improving existing technologies.
How do you interpret medical devices — R&D?
Higher spending indicates a commitment to long-term innovation, though it must be balanced against current profitability requirements.
How does medical devices — R&D compare across companies?
Standard R&D expense metric for technology and healthcare companies.