ABBV · 10-Q · 2026Q2 · Full report
Income Tax Rate Changes
AbbVie Inc. · 2026-08-03 · Importance 40 · Surprise 56 · In source text
The effective tax rate declined to 19% for the six months ended June 30, 2026 from 31% in the prior-year period. The quarterly effective tax rate declined to 15% from 39% for the comparable three-month period. The lower rates primarily reflected reduced effects from changes in the fair value of contingent consideration and business development activities. Foreign operations with lower tax rates than the 21% U.S. statutory rate continued to reduce the effective rate, partly offset by contingent consideration and business development effects.
Key facts
- Effective tax rate was 15% for the three months and 19% for the six months ended June 30, 2026 compared to 39% and 31% for the three and six months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | Effective tax rate was 15% for the three months and 19% for the six months ended June 30, 2026 compared to 39% and 31% for the three and… |