22 February 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
ABBOTT LABORATORIES
CIK: 1800•1 Annual Report•Latest: 2026-02-20
10-K / February 20, 2026
Abbott Laboratories
Overview
Abbott Laboratories is a global healthcare company organized into four reportable segments:
- Established Pharmaceutical Products
- Diagnostic Products
- Nutritional Products
- Medical Devices
The company discovers, develops, manufactures, and sells a broad, diversified line of healthcare products across these segments.
Acquisition activity
- On November 19, 2025, Abbott entered into a definitive agreement to acquire Exact Sciences Corporation to enter the cancer diagnostics market.
- The acquisition is subject to closing conditions, including Exact Sciences shareholder approval and regulatory clearances.
- Abbott plans to fund the acquisition with approximately $20 billion of borrowings and would incur additional indebtedness.
Global footprint and scale
- Employees: approximately 115,000 as of December 31, 2025; about 69% of employees are outside the United States.
- Manufacturing and facilities: 89 manufacturing facilities globally.
- Medical Devices: 33 sites
- Diagnostic Products: 21 sites
- Established Pharmaceutical Products: 22 sites
- Nutritional Products: 13 sites
- Real estate: owned/leased properties totaling about 44 million square feet; approximately 65% of this property is owned by Abbott. Abbott’s principal corporate offices are located in Illinois and are owned by the company.
Geographic mix
- In 2025, approximately 61% of Abbott’s net sales were outside the United States (roughly 39% U.S., 61% international).
Financial snapshot
- Consolidated indebtedness: approximately $12.9 billion as of December 31, 2025.
- Planned acquisition financing: approximately $20 billion of borrowings for the Exact Sciences acquisition.
- Abbott noted potential impacts on credit ratings and financing flexibility from higher indebtedness.
Segment-level product and market descriptions
Established Pharmaceutical Products
- Broad line of branded generic pharmaceuticals with worldwide manufacturing and sales outside the U.S.
- Key therapy areas and example products:
- Gastroenterology: Creon, Duspatal, Dicetel, Heptral, Transmetil, Samyr, Duphalac
- Women’s health: Duphaston, Femoston
- Cardiovascular/metabolic: Lipanthyl, TriCor, Omacor, Physiotens, Synthroid
- Pain/CNS: Serc, Brufen, Sevedol
- Respiratory/vaccines: Clarithromycin (Klacid/Claribid/Klaricid), Influvac vaccine
- Biologic products including oncology, immunology, and women’s health biosimilars
Diagnostic Products
- Diagnostic systems and tests marketed globally.
- Major product families:
- Core laboratory and transfusion medicine systems: Alinity family, ARCHITECT, Cell-Dyn
- Molecular diagnostics: Alinity m, m2000; Vysis FISH lines
- Point-of-care systems: i-STAT, i-STAT Alinity, cartridges
- Rapid diagnostics: BinaxNOW, Panbio, ID NOW
- Cardiometabolic testing: Afinion, Cholestech LDX
- Toxicology testing
- Informatics and automation: Track, AlinIQ, Indexor, RALS
Nutritional Products
- Pediatric and adult nutritional products.
- Infant formulas and follow-ons: Similac and multiple Similac variants
- Adult and specialty nutrition: Ensure, Glucerna, PediaSure, Pedialyte
- Healthcare-enteral nutrition for institutions: Jevity, Osmolite, Nepro
Medical Devices
- Devices across cardiovascular, electrophysiology, vascular, structural heart, diabetes care, and neuromodulation.
- Examples:
- Rhythm management: Assurity MRI, Endurity MRI pacemakers; Aveir leadless pacemakers; Ellipse, Fortify, Gallant ICDs; implantable monitors (Confirm Rx, Jot Dx)
- Electrophysiology: TactiFlex and TactiCath ablation catheters; EnSite mapping systems; Agilis NxT introducers; ViewFlex intracardiac echocardiography
- Heart failure and monitoring: HeartMate LVADs, CardioMEMS HF System, CentriMag
- Vascular and structural heart: XIENCE drug-eluting stents; various stents and closure devices; MitraClip, Navitor valve; surgical valve systems
- Diabetes care and CGM: FreeStyle and Libre CGM systems (sensors, test strips, accessories)
- Neuromodulation: Proclaim spinal cord stimulation systems, Proclaim DRG, Infinity and Liberta RC DBS systems
- A broad range of coronary, peripheral, and vascular therapy devices
Customers and market positioning
- Abbott markets brands to consumers, pharmacists, physicians, other healthcare providers, and government agencies.
- The company competes on technology, price, convenience, service, product performance, and long-term cost-effectiveness.
