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Abbott ABT Nutritional Products — Operating Earnings

Other segment segments

Medical Devices
$1.97B+9.6%
Diagnostic Products
$499M+34.1%
Established Pharmaceuticals
$382M+10.4%

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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:OperatingIncomeLoss.

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
(in millions)Net Sales to External Customers / Three Months Ended June 30, 2026Net Sales to External Customers / Three Months Ended June 30, 2025Cost of Products Sold / Three Months Ended June 30, 2026Cost of Products Sold / Three Months Ended June 30, 2025Research and Development / Three Months Ended June 30, 2026Research and Development / Three Months Ended June 30, 2025Selling, General, and Administrative / Three Months Ended June 30, 2026Selling, General, and Administrative / Three Months Ended June 30, 2025Operating Earnings / Three Months Ended June 30, 2026Operating Earnings / Three Months Ended June 30, 2025
Established Pharmaceuticals$1,499$1,383$(650)$(631)$(48)$(43)$(419)$(363)$382$346
Nutritional Products2,1442,212(1,148)(1,155)(54)(54)(574)(585)368418
Diagnostic Products3,0922,173(1,532)(1,224)(268)(154)(793)(423)499372
Medical Devices5,8535,369(1,925)(1,758)(470)(430)(1,489)(1,385)1,9691,796
Total$12,588$11,137$(5,255)$(4,768)$(840)$(681)$(3,275)$(2,756)$3,218$2,932
Other55
Net sales$12,593$11,142
Corporate functions and plan benefit costs(45)(65)

Item 1. Financial Statements and Supplementary Data

FAQ

What is Abbott's nutritional products — operating earnings?
Abbott (ABT) reported nutritional products — operating earnings of $368M in Q2 2026.
How has Abbott's nutritional products — operating earnings changed year-over-year?
Abbott's nutritional products — operating earnings decreased by 12.0% year-over-year, from $418M to $368M.
What is the long-term trend for Abbott's nutritional products — operating earnings?
Over 4 years (2021 to 2025), Abbott's nutritional products — operating earnings has grown at a -3.0% compound annual growth rate (CAGR), from $1.76B to $1.56B.
What does nutritional products — operating earnings mean?
The profit generated by the nutritional products segment after deducting cost of goods sold and operating expenses, but before interest and taxes. It serves as the primary indicator of the segment's core operational profitability and efficiency.

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