AbbVie Inc. stock research
FY2026 Q1
AbbVie (ABBV) Gross Margin & Quarterly History
Explore AbbVie Inc. (ABBV) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue decreased from the immediately preceding quarter, while gross profit and cost of revenue also declined. Gross margin weakened slightly compared to the prior quarter but improved relative to the same quarter one year earlier.
- The strongest observable margin driver was the change in cost of revenue, which decreased at a slower pace than revenue, leading to a lower gross margin relative to the prior quarter.
- Compared to the previous quarter, both revenue and gross profit were lower, while cost of revenue also decreased, resulting in a slightly weaker gross margin. Compared to the same quarter a year ago, revenue was higher and gross margin improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
71.9%
Gross profit
$10.8B
Revenue
$15.0B
Cost of revenue
$4.2B
Quarter-over-quarter change
+5.5 pts
Year-over-year change
+1.9 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2025 | $13.3B | $9.3B | $4.0B | 70.0% |
| Jun 30, 2025 | $15.4B | $11.1B | $4.3B | 71.8% |
| Sep 30, 2025 | $15.8B | $10.5B | $5.3B | 66.4% |
| Mar 31, 2026 | $15.0B | $10.8B | $4.2B | 71.9% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
+5.5 pts
Year-over-year change
Mar 31, 2025
+1.9 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver was the change in cost of revenue, which decreased at a slower pace than revenue, leading to a lower gross margin relative to the prior quarter.
Compared to the previous quarter, both revenue and gross profit were lower, while cost of revenue also decreased, resulting in a slightly weaker gross margin. Compared to the same quarter a year ago, revenue was higher and gross margin improved.
Monitor the trend in revenue relative to cost of revenue to assess whether gross margin can stabilize or improve in upcoming quarters.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| AbbVie Inc. (ABBV) | 71.9% |