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Abbott ABT Contract Liabilities

Contract Liabilities at other companies

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$48.6M-1.2%
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Merit Medical SystemsMMSI
$1.37M-7.0%
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LivaNovaLIVN
$18.6M+17.7%
QuidelOrtho Corporation logo
QuidelOrtho CorporationQDEL
$16.3M
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MedtronicMDT

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:ContractWithCustomerLiability.

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) / Contract Liabilities:
Balance at December 31, 2025$$633
Unearned revenue from cash received during the period271
Revenue recognized related to contract liability balance(244)
Balance at June 30, 2026$$660

Item 1. Financial Statements and Supplementary Data

FAQ

What is Abbott's contract liabilities?
Abbott (ABT) reported contract liabilities of $660M in Q2 2026.
How has Abbott's contract liabilities changed year-over-year?
Abbott's contract liabilities increased by 5.1% year-over-year, from $628M to $660M.
What is the long-term trend for Abbott's contract liabilities?
Over 5 years (2020 to 2025), Abbott's contract liabilities has grown at a 9.3% compound annual growth rate (CAGR), from $405M to $633M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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