AbbVie lowers 2026 adjusted EPS guidance to $13.76 to $13.96 including Q3 expense

AbbVie said it expects $216 million of third-quarter acquired IPR&D and milestones expense, which reduces GAAP and adjusted diluted EPS by $0.11, based on preliminary results.

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AbbVie said results for the quarter ended September 30, 2026 have not been finalized and remain subject to its financial statement closing procedures. It said there can be no assurance that its final results will not differ from these preliminary estimates.

AbbVie said its full-year 2026 adjusted diluted EPS guidance, including the third-quarter expense, is $13.76 to $13.96. Its previous range, announced July 31, 2026, excluded acquired IPR&D and milestones expense incurred beyond the second quarter, and was $13.87 to $14.07.

AbbVie said its third-quarter 2026 adjusted diluted EPS guidance, including the expense, is $3.73 to $3.77, compared with a previously announced $3.84 to $3.88 that excluded it.

AbbVie said it does not forecast acquired IPR&D and milestones expense because the occurrence and timing of collaborations, licensing agreements and other asset acquisitions are uncertain. It said such expense may be incurred when those agreements are executed. It said its 2026 guidance excludes any such expense incurred beyond the third quarter, as both cannot be reliably forecasted.

Key facts

Third-quarter acquired IPR&D and milestones expense
$216 million, pre-tax
Impact on third-quarter GAAP and adjusted diluted EPS
-$0.11
Full-year 2026 adjusted diluted EPS guidance
$13.76 to $13.96, previously $13.87 to $14.07
Third-quarter 2026 adjusted diluted EPS guidance
$3.73 to $3.77, previously $3.84 to $3.88

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Source: Form 8-K filed October 5, 2026.

Written by GetSignal with AI from the company's SEC filing.

Not investment advice.

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