CLAIM #2672 · AbbVie Inc (ABBV) · 2025Q3 earnings call · Oct 31, 2025 · due Dec 31, 2026
“And Humira erosion will continue, albeit not at the same absolute level as we saw in 2025.”
Rob Michael · CEO
How to check this claim
Look at: Year-over-year decline in Humira revenue (absolute dollar decline), fiscal year 2026 vs 2025
It came true if: Absolute dollar decline in Humira revenue for FY2026 is less than the absolute dollar decline recorded for FY2025
Where: AbbVie quarterly/annual income statement and segment revenue disclosures (10-K / Q4 earnings release)
In context
“neous for Skyrizi, we'll see data next year for our own induction. And then that plus IV still leads to every 8-week dosing, which continues to be a major advantage. Robert Michael: And Chris, this is Rob. Regarding your question on 2026. Look, our business continues to perform exceptionally well. We've raised our revenue forecast this year by nearly $2 billion since our initial guidance in February, and that's not just coming from Skyrizi and Rinvoq. We're seeing overperformance across the entire neuroscience portfolio and oncology is ahead of our original guidance as well. That momentum should allow us to deliver strong growth next year despite headwinds from continued Humira erosion and Imbruvica IRA pricing. Recall that Imbruvica was negotiated and that pricing will kick in next year. And Humira erosion will continue, albeit not at the same absolute level as we saw in 2025. When I think about just the growth platform, in particular, obviously, a lot of attention is placed on Skyrizi and Rinvoq appropriately. But in neuroscience, when you think about the performance of Vraylar, our migraine franchise, inclusive of Botox Therapeutic, which a little bit over 40% of that business is for chronic migraine. And then VYALEV, we're just seeing tremendous ramps. And we're also starting to now see, as Jeff mentioned, we expect in the inflection, particularly with the U.S. We've seen some nice progress there. But I would say that will be a very nice growth driver for us in 2026. And so we're very pleased with the performance. Obviously, clearly, the momentum is there. We've now beaten and raised it every quarter of '25. And of course, we'll provide specific guidance for”
Verify independently
SEC filings for ABBV ↗ · Claim quote is verbatim from the 2025Q3 earnings call.