Abbott Laboratories 8-K
EarningsGuidance reaffirmedImpairment / chargeLegal / investigation
Electrophysiology led sales growth as legal settlements weighed on GAAP earnings; FY2026 adjusted EPS guidance narrowed to $5.50–$5.55.
Filed 2026-10-21 07:36 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q3 2026 results with Q4 and FY2026 guidance. Net sales rose 14.5% reported and 7.0% on a comparable basis; GAAP diluted EPS was $0.53 and adjusted diluted EPS was $1.42. Comparable growth was broad-based, while GAAP earnings included substantial specified charges; Abbott also reaffirmed the midpoint of FY2026 adjusted EPS guidance and tightened its range.
Key Figures
| Metric | Q3 2026 | 9M 2026 |
|---|---|---|
| Revenue | $13.0B, +14.5% Y/Y | $36.8B, +11.9% Y/Y |
| Gross margin | 50.3%, vs 51.7% | 51.7%, vs 52.4% |
| Gross margin, non-GAAP | 57.2%, vs 55.8% | 57.2%, vs 56.6% |
| Operating earnings | $1.36B, -34.0% Y/Y | $4.40B, -24.2% Y/Y |
| Net earnings | $920M, -44.1% Y/Y | $2.93B, -38.4% Y/Y |
| Net earnings, non-GAAP | $2.48B, +8.7% Y/Y | $6.79B, +5.9% Y/Y |
| Diluted EPS | $0.53, -43.6% Y/Y | $1.67, -38.1% Y/Y |
| Diluted EPS, non-GAAP | $1.42, +9.2% Y/Y | $3.88, +6.3% Y/Y |
- Sales growth leaders included electrophysiology, up 15.5% on a comparable basis, and worldwide pediatric nutrition, up 8.7%.
- Q3 specified items totaled $1.689B before tax and $1.557B after tax, including $841M of intangible amortization and ≈$670M related to legal settlements.
- Quarterly dividend of $0.63 per share, declared 9/17/2026; payable 11/16/2026 to holders of record 10/15/2026.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Comparable sales growth | FY2026 | ≈6.0% | — | — |
| Adjusted diluted EPS, non-GAAP | FY2026 | $5.50-$5.55 | — | Tightened; midpoint reaffirmed |
| Adjusted diluted EPS, non-GAAP | Q4 2026 | $1.62-$1.67 | — | — |
Investor Takeaways
- Track Q4 adjusted diluted EPS against the $1.62-$1.67 outlook and FY2026 comparable sales growth against ≈6.0%.
The summary is written by an AI model reading the filing.
Model 005 · prompt v95 · 2026-10-21 14:33:19Z