ABBOTT LABORATORIES
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
ABT$109.93-3.2%Stored close · as of Nov 6, 2026
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Consolidated Statement of Earnings
(in millions except per share data)
| Year Ended December 31 | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net Sales | $44,328 | $41,950 | $40,109 |
| Cost of products sold, excluding amortization of intangible assets | 19,319 | 18,706 | 17,975 |
| Amortization of intangible assets | 1,682 | 1,878 | 1,966 |
| Research and development | 2,942 | 2,844 | 2,741 |
| Selling, general and administrative | 12,332 | 11,697 | 10,949 |
| Total Operating Cost and Expenses | 36,275 | 35,125 | 33,631 |
| Operating Earnings | 8,053 | 6,825 | 6,478 |
| Interest expense | 493 | 559 | 637 |
| Interest income | (308) | (344) | (385) |
| Net foreign exchange (gain) loss | (50) | (27) | 41 |
| Other (income) expense, net | (548) | (376) | (479) |
| Earnings before Taxes | 8,466 | 7,013 | 6,664 |
| Taxes on Earnings | 1,942 | (6,389) | 941 |
| Net Earnings | $6,524 | $13,402 | $5,723 |
| Basic Earnings Per Common Share | $3.73 | $7.67 | $3.28 |
| Diluted Earnings Per Common Share | $3.72 | $7.64 | $3.26 |
| Average Number of Common Shares Outstanding Used for Basic Earnings Per Common Share | 1,741 | 1,740 | 1,740 |
| Dilutive Common Stock Options | 7 | 8 | 9 |
| Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options | 1,748 | 1,748 | 1,749 |
| Outstanding Common Stock Options Having No Dilutive Effect | 1 | 7 | 5 |
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