What is Abbott's income tax?

Abbott (ABT) reported income tax of $372M in Q1 2026.

How has Abbott's income tax changed year-over-year?

Abbott's income tax decreased by 17.9% year-over-year, from $453M to $372M.

What is the long-term trend for Abbott's income tax?

Over 4 years (2021 to 2025), Abbott's income tax has grown at a 14.2% compound annual growth rate (CAGR), from $1.14B to $1.94B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Abbott ABT Income Tax

Income Tax at other companies

Becton, Dickinson and CompanyBDX

$76M+76.7%

Bio-Rad LaboratoriesBIO

-$162.7M-939%

Johnson & JohnsonJNJ

$755M-71.3%

HaemoneticsHAE

$15.24M+22.6%

Merit Medical SystemsMMSI

$12.55M+60.7%

Boston ScientificBSX

-$176M-232%

Other financials

Income statement

See full

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+4.1%

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$158.05B-32.0%

Enterprise value$185.3B-22.5%

P/E25.2×+8.5×

P/S3.5×-1.9×

Profitability

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Gross margin56.3%+0.4pp

Operating margin17.1%+0.2pp

Net margin13.9%-18.0pp

FCF margin16.3%+0.6pp

Returns & leverage

See full

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:IncomeTaxExpenseBenefit.

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 income tax?: Abbott (ABT) reported income tax of $372M in Q1 2026.
How has Abbott's income tax changed year-over-year?: Abbott's income tax decreased by 17.9% year-over-year, from $453M to $372M.
What is the long-term trend for Abbott's income tax?: Over 4 years (2021 to 2025), Abbott's income tax has grown at a 14.2% compound annual growth rate (CAGR), from $1.14B to $1.94B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.