AbbVie Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2009
Revenue	54,318	58,054	56,197	45,804	33,266	Upgrade
Revenue Growth (YoY)	-6.44%	3.30%	22.69%	37.69%	1.57%	Upgrade
Cost of Revenue	20,415	17,414	17,446	15,387	7,439	Upgrade
Gross Profit	33,903	40,640	38,751	30,417	25,827	Upgrade
Selling, General & Admin	12,872	15,260	12,349	11,299	6,942	Upgrade
Research & Development	7,675	6,510	6,922	6,379	6,407	Upgrade
Other Operating Expenses	599	753	1,556	1,376	-505	Upgrade
Operating Expenses	21,146	22,523	20,827	19,054	12,844	Upgrade
Operating Income	12,757	18,117	17,924	11,363	12,983	Upgrade
Interest Expense / Income	1,684	2,044	2,384	2,280	1,509	Upgrade
Other Expense / Income	4,833	2,605	2,558	5,691	3,048	Upgrade
Pretax Income	6,240	13,468	12,982	3,392	8,426	Upgrade
Income Tax	1,377	1,632	1,440	-1,224	544	Upgrade
Net Income	4,863	11,836	11,542	4,616	7,882	Upgrade
Net Income Growth	-58.91%	2.55%	150.04%	-41.44%	38.60%	Upgrade
Shares Outstanding (Basic)	1,768	1,771	1,770	1,667	1,481	Upgrade
Shares Outstanding (Diluted)	1,773	1,778	1,777	1,673	1,484	Upgrade
Shares Change	-0.28%	0.06%	6.22%	12.74%	-4.01%	Upgrade
EPS (Basic)	2.73	6.65	6.48	2.73	5.30	Upgrade
EPS (Diluted)	2.72	6.63	6.45	2.72	5.28	Upgrade
EPS Growth	-58.97%	2.79%	137.13%	-48.48%	44.26%	Upgrade
Free Cash Flow	22,062	24,248	21,990	16,790	12,772	Upgrade
Free Cash Flow Per Share	12.48	13.69	12.42	10.07	8.62	Upgrade
Dividend Per Share	5.920	5.640	5.200	4.720	4.280	Upgrade
Dividend Growth	4.96%	8.46%	10.17%	10.28%	19.22%	Upgrade
Gross Margin	62.42%	70.00%	68.96%	66.41%	77.64%	Upgrade
Operating Margin	23.49%	31.21%	31.89%	24.81%	39.03%	Upgrade
Profit Margin	8.95%	20.39%	20.54%	10.08%	23.69%	Upgrade
Free Cash Flow Margin	40.62%	41.77%	39.13%	36.66%	38.39%	Upgrade
Effective Tax Rate	22.07%	12.12%	11.09%	-36.08%	6.46%	Upgrade
EBITDA	16,622	23,979	23,887	12,143	11,952	Upgrade
EBITDA Margin	30.60%	41.30%	42.51%	26.51%	35.93%	Upgrade
Depreciation & Amortization	8,698	8,467	8,521	6,471	2,017	Upgrade
EBIT	7,924	15,512	15,366	5,672	9,935	Upgrade
EBIT Margin	14.59%	26.72%	27.34%	12.38%	29.87%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).