AbbVie Inc. stock research
FY2025 Q1
AbbVie (ABBV) Gross Margin — Quarter Ended Mar 31, 2025
Revenue, gross profit, and cost of revenue all decreased from the preceding quarter, while gross margin weakened slightly. Compared to the same quarter one year earlier, revenue and gross profit increased, cost of revenue was lower, and gross margin improved.
Gross margin takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue, gross profit, and cost of revenue all decreased from the preceding quarter, while gross margin weakened slightly. Compared to the same quarter one year earlier, revenue and gross profit increased, cost of revenue was lower, and gross margin improved.
- Gross margin improved year over year as gross profit grew faster than revenue, while cost of revenue declined.
- Compared to the preceding quarter, revenue, gross profit, and cost of revenue were all lower, and gross margin weakened. Relative to the same quarter one year earlier, revenue and gross profit were higher, cost of revenue was lower, and gross margin strengthened.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
70.0%
Gross profit
$9.3B
Revenue
$13.3B
Cost of revenue
$4.0B
Quarter-over-quarter change
-0.9 pts
Year-over-year change
+3.3 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, 2024 | $12.3B | $8.2B | $4.1B | 66.7% |
| Jun 30, 2024 | $14.5B | $10.3B | $4.2B | 70.9% |
| Sep 30, 2024 | $14.5B | $10.2B | $4.2B | 70.9% |
| Mar 31, 2025 | $13.3B | $9.3B | $4.0B | 70.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2024
-0.9 pts
Year-over-year change
Mar 31, 2024
+3.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross margin improved year over year as gross profit grew faster than revenue, while cost of revenue declined.
Compared to the preceding quarter, revenue, gross profit, and cost of revenue were all lower, and gross margin weakened. Relative to the same quarter one year earlier, revenue and gross profit were higher, cost of revenue was lower, and gross margin strengthened.
Monitor the trend in cost of revenue, which declined both sequentially and year over year.