AbbVie Inc.ABBV
What AbbVie Inc. does.
AbbVie or "the company" refer to AbbVie Inc., or AbbVie Inc. and its consolidated subsidiaries, as the context requires. AbbVie is a global, diversified research-based biopharmaceutical company positioned for success with a comprehensive product portfolio that has leadership positions across immunology, neuroscience, oncology and aesthetics. AbbVie uses its expertise, dedicated people and unique approach to innovation to develop and market advanced therapies that address some of the world’s most complex and serious diseases. AbbVie was incorporated in Delaware on April 10, 2012. On January 1, 2013, AbbVie became an independent, publicly-traded company as a result of the distribution by Abbott Laboratories (Abbott) of 100% of the outstanding common stock of AbbVie to Abbott's shareholders.
AbbVie operates as a single global business segment dedicated to the research and development, manufacturing, commercialization and sale of innovative medicines and therapies. This operating structure enables the Chief Executive Officer, as Chief Operating Decision Maker (CODM), to allocate resources and assess business performance on a global basis in order to achieve established long-term strategic goals. Consistent with this structure, a global research and development and supply chain organization is responsible for the discovery, development, manufacturing and supply of products. Commercial efforts that coordinate the marketing, sales and distribution of these products are organized by geographic region or therapeutic area. All of these activities are supported by a global corporate administrative staff. The determination of a single business segment is consistent with the consolidated financial information regularly reviewed by the CODM for purposes of assessing performance, allocating resources and planning and forecasting future periods. See Note 16, "Segment and Geographic Area Information" to the Consolidated Financial Statements included under Item 8, "Financial Statements and Supplementary Data" and the sales information related to AbbVie's key products and geographies included under Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations."
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $45.8B | $56.2B | $58.1B | $54.3B | $56.3B | $61.2B |
| Net income | $4.6B | $11.5B | $11.8B | $4.9B | $4.3B | $4.2B |
| Free cash flow | $16.8B | $22.0B | $24.2B | $22.1B | $17.8B | $17.8B |
More on ABBV.
- AbbVie Inc. summary
- AbbVie Inc. financial statements
- AbbVie Inc. key metrics
- AbbVie Inc. health scores and style box
- AbbVie Inc. earnings
- AbbVie Inc. dividends
- AbbVie Inc. valuation
- AbbVie Inc. ownership and insiders
- AbbVie Inc. peers
Figures from AbbVie Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.