Abbott Laboratories
Q1 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +5.27%.
Did ABT Beat Earnings? Q1 2026 Results
Abbott Laboratories kicked off 2026 with a solid beat on both top and bottom lines, extending its streak of beating consensus EPS estimates to four consecutive quarters. The healthcare giant posted adjusted EPS of $1.15 for Q1 2026, edging past the $1.15 consensus estimate by 0.33%, while revenue climbed 7.8% year over year to $11.16 billion, ahead of the $11.00 billion Wall Street had anticipated. The quarter's defining event was the March completion of Abbott's $21 billion acquisition of Exact Sciences, which immediately added a new Cancer Diagnostics business to its portfolio and contributed $96 million in revenue from partial-quarter Cologuard and Cancerguard sales, a move that investors and analysts have been closely watching for its long-term impact on Abbott's diagnostics franchise. Medical Devices remained the engine of organic momentum, reaching $5.54 billion with continuous glucose monitor sales alone hitting $2.08 billion, as Abbott faces intensifying competition in that space. Looking ahead, the company projects full-year 2026 adjusted EPS of $5.38 to $5.58 and comparable sales growth of 6.5% to 7.5%, even as Exact Sciences integration absorbs roughly $0.20 of dilution.
- Medical Devices led by double-digit growth in Electrophysiology, Heart Failure, and Rhythm Management
- Continuous glucose monitor sales grew 14.2% on a reported basis
- Established Pharmaceuticals driven by double-digit growth in several Latin America and Asia Pacific emerging markets
- Core Laboratory Diagnostics growth driven by U.S., Europe, and Latin America
- Cancer Diagnostics driven by double-digit Cologuard growth and Cancerguard sales
“Our first-quarter results were aligned with our expectations to start the year. The acquisition of Exact Sciences adds another high-growth business to the Abbott portfolio, further strengthening our confidence in delivering accelerating growth as we move through the year.”
Abbott Laboratories CEO, on the earnings call
Forward Guidance & Outlook
Abbott projects full-year 2026 comparable sales growth of 6.5% to 7.5%. Full-year 2026 adjusted diluted EPS is projected at $5.38 to $5.58, which includes $0.20 of dilution related to the acquisition of Exact Sciences. Second-quarter 2026 adjusted diluted EPS is projected at $1.25 to $1.31. Management expects Nutrition volume growth to improve over the course of the year as strategic pricing actions and new product launches take effect. The Exact Sciences acquisition is expected to contribute accelerating growth.
ABT YoY Financials
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ABT Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.