What is the primary revenue source for Abbott Laboratories (ABT)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze ABT's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Abbott Laboratories's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Abbott Laboratories Makes Money: ABT Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

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Revenue grew while operating profit fell, so growth did not translate into better earnings.

Operating margin declined by 4.63 percentage points year over year.

Revenue: USD 23.76B
Largest revenue segment share (Medical Devices): 47.95%
Cost of revenue: USD 10.21B
Selling, general and administrative: USD 7.76B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

RevenueNet sales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of products sold, excluding amortization of intangible assets · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general, and administrative · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (Medical Devices)Medical Devices · segment_value / revenue * 100
Operating marginOperating earnings · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Goodwill accounts for 32.27% of total assets, a high share where impairment could hit earnings and equity.

Goodwill: USD 35.24B
Property, plant and equipment: USD 12.81B
Accounts receivable: USD 8.60B
Shareholder equity: USD 51.76B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Shareholder equityTotal shareholders’ investment · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Accounts receivableAccounts receivable, after allowance for credit loss, current · AccountsReceivableNetCurrent
GoodwillGoodwill, non-deductible · Goodwill
Property, plant and equipmentNet property and equipment · PropertyPlantAndEquipmentNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 189.68% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 2.00B
Operating cash flow: USD 3.80B
Cash conversion: 189.68%
Free cash flow: USD 2.91B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet earnings · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

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Dividends and net buybacks exceed free cash flow, raising questions about sustainability.

Cash dividends: USD 2.20B
Share repurchases: USD 1.23B
Stock issuance proceeds: USD 119.00M
Net shareholder return: USD 3.31B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsProceeds from stock options exercised · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?