CLAIM #2679 · AbbVie Inc (ABBV) · 2025Q3 earnings call · Oct 31, 2025 · due Dec 31, 2029
“So you will see earnings growth expand a little bit faster than the revenue growth through the decade with that long-term guidance.”
Scott Reents · CFO
How to check this claim
Look at: EPS (adjusted diluted) growth rate versus revenue growth rate, cumulative through the decade (multi-year average annual growth)
It came true if: Average annual EPS growth rate through 2029 exceeds average annual revenue growth rate over the same period
Where: Company income statement and management commentary (10-K/10-Q filings and earnings calls)
In context
“. That will continue to erode as the tail starts to form in '26. So when you look at the business, I mean, the business has a number of strong drivers. You've seen the growth of the business today. I think that one thing that we've spoken about several times is our long-term guidance for high single-digit growth through the decade. That will be from the growth that we have this year, we've talked about that accelerating as we hit that. And we still remain extremely confident in our ability to achieve that high single-digit growth through the decade on the top line. The bottom line will continue to expand. This year, our EPS is roughly in line, a little bit ahead of the earnings growth, but we're going to have operating margin expansion driven by leverage and efficiencies in the SG&A line. So you will see earnings growth expand a little bit faster than the revenue growth through the decade with that long-term guidance. Roopal Thakkar: And Dave, it's Roopal. I'll talk about some of the readouts we're excited about moving into 2026. In immunology, our IBD platform will start reading out data next year. This is in combination with Skyrizi, looking at those combos versus monotherapy Skyrizi. Lutikizumab is one of those and the other is our own alpha4beta7-382. So we'll start seeing that data next year. Also in combination with lutikizumab plus [ Arava ] in rheumatoid arthritis, that will be something else to look for. And then maybe turning to oncology for a moment. For Temab-A, we've -- I went through a variety of different positive readouts. Also next year, expect to readout in head and neck cancer and even ovarian cancer, which many of these patients have high c-MET expression, along with etentamig in a”
Verify independently
SEC filings for ABBV ↗ · Claim quote is verbatim from the 2025Q3 earnings call.