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ABBV FY2026 Q1 RAISED

AbbVie Inc. 실적 발표

Apr 29, 2026 · 09:00 ET Jeff StewartLiz SheaRob Michael
Buzzberg 분석

Skyrizi combination doubled endoscopic remission in refractory Crohn's

AbbVie delivered strong Q1 results, surpassing expectations with 12.4% revenue growth, and raised its full-year EPS guidance. The company highlighted continued momentum in Skyrizi and Renvoq, while advancing its pipeline with a focus on novel combination therapies in immunology/oncology and larger capital investments in US manufacturing. Q1 FY26 revenues grew 12.4% to $15B, beating guidance by $300M; adjusted EPS of $2.65 beat by $0.07.

Buzzberg 분석 Skyrizi combination doubled endoscopic remission in refractory Crohn's AbbVie delivered strong Q1 results, surpassing expectations with 12.4% revenue growth, and raised its full-year EPS guidance. The company highlighted continued momentum in Skyrizi and Renvoq, while advancing its pipeline with a focus on novel combination therapies in immunology/oncology and larger capital investments in US manufacturing. Q1 FY26 revenues grew 12.4% to $15B, beating guidance by $300M; adjusted EPS of $2.65 beat by $0.07. 전체 분석 보기분석 접기

AbbVie delivered strong Q1 results, surpassing expectations with 12.4% revenue growth, and raised its full-year EPS guidance. The company highlighted continued momentum in Skyrizi and Renvoq, while advancing its pipeline with a focus on novel combination therapies in immunology/oncology and larger capital investments in US manufacturing. Q1 FY26 revenues grew 12.4% to $15B, beating guidance by $300M; adjusted EPS of $2.65 beat by $0.07.

  • Full-year FY26 EPS guidance raised to $14.08-$14.28 on improved operational outlook.
  • Skyrizi (immunology) saw sales surge 29.2% operationally, driven by leadership in psoriatic disease and IBD.
  • Strong data for Skyrizi sub-Q induction in Crohn's and a potentially transformative combo (Skyrizi + anti-alpha4-beta7) showing double the endoscopic remission rates.
Revenue $15.002B -10% QoQ
EPS $2.65 -2% QoQ
Gross margin 71.88% reported
Op margin 31.56% reported

이번 분기에 달라진 점

01
Pipeline

Skyrizi combination doubled endoscopic remission in refractory Crohn's

AbbVie delivered strong Q1 results, surpassing expectations with 12.4% revenue growth, and raised its full-year EPS guidance. The company highlighted continued momentum in Skyrizi and Renvoq, while advancing its pipeline with a focus on novel combination therapies in…

02
IBD

Skyrizi subcutaneous induction filed for Crohn's with decision this year

Q1 FY26 revenues grew 12.4% to $15B, beating guidance by $300M; adjusted EPS of $2.65 beat by $0.07.

03
Obesity

Amylin obesity candidate showed rapid weight loss and moves to Phase 2

Full-year FY26 EPS guidance raised to $14.08-$14.28 on improved operational outlook.

04
Oncology

Etentamig regulatory submission accelerated to late 2026

Skyrizi (immunology) saw sales surge 29.2% operationally, driven by leadership in psoriatic disease and IBD.

수요 및 자본지출

수요

수주 및 전환

Management is raising full-year EPS guidance based on strong momentum across key franchises, signaling a positive outlook for the remainder of the year.

자본지출

투자 및 생산능력

Management highlighted new U.S. manufacturing investments, including a $1.4 billion campus in North Carolina and $380 million in North Chicago plants, as part of AbbVie's $100 billion U.S. R&D and capital commitment. This points to a step-up in infrastructure spending to support future growth across immunology, neuroscience, oncology, and obesity.

톤 · Upbeat

Management repeatedly emphasized strong execution, raised full-year EPS guidance, and framed pipeline progress and commercial momentum with high confidence.

공급망 알파

A1

Skyrizi's 5-year radiographic data in psoriatic arthritis (no progression in ~90% of patients) is being used as a key differentiator against upcoming oral competitors.

“We also now have long-term efficacy in radiographic data in psoriatic arthritis, demonstrating Skyrizzy's durable efficacy. with nearly 90% of patients showing no radiographic progression through five years of treatment.”
Jeff Stewart
A2

Skyrizi plus anti-alpha-4-beta-7 combo showed a 42% endoscopic remission rate at week 24 in a highly refractory Crohn's population, double the monotherapy rate, positioning for frontline use.

“Endoscopic remission was achieved by approximately 42% of patients receiving the combination at week 24.”
Rupal Thakkar
A3

Subcutaneous induction for Skyrizi in Crohn's disease outperformed IV induction, potentially expanding the addressable patient population by offering a more convenient dosing option.

“The sub-Q induction achieved numerically higher results across key endpoints.”
Rupal Thakkar

향후 가이던스

RaisedGuidance · revenue to $67.3B · was IN LINE last Q
향후 가이던스
지표기간범위중간값상태
EPSFY2026$14.08–$14.28$14.18RAISED
EPSFY2026 Q2$3.74–$3.78$3.76GUIDED
RevenueFY2026$67.3B$67.3BRAISED

가이던스 신뢰도

1 / 2달성 또는 상회
가이던스 신뢰도
제시 시점지표목표 기간가이던스실제결과
FY2025 Q4EPSFY2026 Q1$2.97–$3.01$2.65Missed
FY2025 Q4RevenueFY2026 Q1$14.7B$15.002BMet / beat