Abbott Laboratories

ABT Q2 2025 Earnings

Reported Jul 17, 2025 at 7:34 AM ET · SEC Source

Q2 25 EPS

$1.26

BEAT +0.80%

Est. $1.25

Q2 25 Revenue

$11.14B

BEAT +1.08%

Est. $11.02B

vs S&P Since Q2 25

-40.3%

TRAILING MARKET

ABT -25.5% vs S&P +14.7%

Market Reaction

Did ABT Beat Earnings? Q2 2025 Results

Abbott Laboratories posted a clean beat across both top and bottom lines in the second quarter of 2025, with adjusted diluted EPS of $1.26 edging past the $1.25 consensus estimate and revenue of $11.14 billion topping expectations by 1.08% on 7.4% ye… Read more Abbott Laboratories posted a clean beat across both top and bottom lines in the second quarter of 2025, with adjusted diluted EPS of $1.26 edging past the $1.25 consensus estimate and revenue of $11.14 billion topping expectations by 1.08% on 7.4% year-over-year growth. The primary engine behind the quarter was the Medical Devices segment, which expanded 13.4% on a reported basis, anchored by Diabetes Care, where continuous glucose monitor sales reached $1.90 billion, up 21.4% year-over-year, largely driven by FreeStyle Libre. Margin discipline was equally notable, with adjusted gross margin rising 100 basis points to 57.0% and adjusted operating margin expanding 100 basis points to 22.9%, reflecting operating leverage across the portfolio. Despite the solid print, shares fell sharply following the release. Looking ahead, Abbott raised its full-year 2025 adjusted diluted EPS guidance to $5.10 to $5.20, implying double-digit growth at the midpoint, while projecting organic sales growth of 7.5% to 8.0% excluding COVID-19 testing.

Key Takeaways

  • Double-digit growth in Diabetes Care, Heart Failure, Structural Heart, and Electrophysiology within Medical Devices
  • Continuous glucose monitor sales of $1.9 billion, up 21.4% reported
  • Strong performance of FreeStyle Libre, Navitor, TriClip, and AVEIR products
  • Adult Nutrition organic growth of 6.6% led by Ensure and Glucerna
  • Established Pharmaceuticals Key Emerging Markets organic growth of 8.7% with double-digit growth in several countries across Asia, Latin America, and the Middle East
  • 100 basis point expansion in both adjusted gross margin and adjusted operating margin
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ABT YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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ABT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26
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ABT Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Halfway through the year, we delivered high single-digit organic sales growth, double-digit EPS growth, significantly expanded our margin profiles, and continued to advance key programs through our new product pipeline. We see this momentum carrying into 2026.”

— Robert B. Ford, Q2 2025 Earnings Press Release