AbbVie

ABBV Q3 2025 Earnings

Reported Oct 31, 2025 at 7:51 AM ET · SEC Source

Q3 25 EPS

$1.86

BEAT +4.23%

Est. $1.78

Q3 25 Revenue

$15.78B

BEAT +1.23%

Est. $15.58B

vs S&P Since Q3 25

-7.4%

TRAILING MARKET

ABBV +3.7% vs S&P +11.0%

Market Reaction

Did ABBV Beat Earnings? Q3 2025 Results

AbbVie posted a convincing third-quarter beat, reporting adjusted EPS of $1.86 against a consensus estimate of $1.78, a 4.23% positive surprise, while net revenues of $15.78 billion topped the $15.58 billion estimate by 1.23% and climbed 9.1% year ov… Read more AbbVie posted a convincing third-quarter beat, reporting adjusted EPS of $1.86 against a consensus estimate of $1.78, a 4.23% positive surprise, while net revenues of $15.78 billion topped the $15.58 billion estimate by 1.23% and climbed 9.1% year over year. The headline driver was unmistakably the immunology franchise, which generated $7.88 billion in revenue with Skyrizi surging 46.8% to $4.71 billion and Rinvoq advancing 35.3% to $2.18 billion, more than compensating for Humira's continued biosimilar-driven erosion to $993 million. Neuroscience added further momentum, growing 20.2% to $2.84 billion across a broad set of contributors. The quarter was not without complexity; a $2.68 billion acquired IPR&D charge tied largely to the Capstan Therapeutics acquisition weighed heavily on GAAP results. Still, management expressed enough confidence in the underlying business to raise full-year 2025 adjusted EPS guidance to $10.61 to $10.65, while also announcing a 5.5% dividend increase to $1.73 per share quarterly.

Key Takeaways

  • Skyrizi revenue growth of 46.8% driven by continued strong uptake across immunology indications
  • Rinvoq revenue growth of 35.3% with expanding indications and market penetration
  • Neuroscience portfolio growth of 20.2% led by Botox Therapeutic, Qulipta, and Ubrelvy
  • Strong U.S. revenue growth of 8.2% and international revenue growth of 12.0%
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ABBV YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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ABBV Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26
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ABBV Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“AbbVie continues to deliver outstanding results, with significant momentum across key areas of our portfolio. We are also making great progress advancing our pipeline and investing in innovation to support AbbVie's long-term growth.”

— Robert A. Michael, Q3 2025 Earnings Press Release