AbbVie flags $1.3B IPR&D charge, warns of Q4 earnings pressure
- AbbVie (ABBV) on Wednesday said it expects a significant impact on fourth-quarter earnings due to charges related to acquired in-process research and development (IPR&D) and milestone expenses, highlighting continued financial fallout from recent deal activity.
- The company reported a $1.3 billion pre-tax charge, which is set to weigh on both GAAP and adjusted earnings per share, according to a filing.
- AbbVie’s fourth quarter 2025 adjusted diluted earnings per share guidance range, including the impact of fourth quarter 2025 acquired IPR&D and milestone expenses, is $2.61 - $2.65. Analysts expect EPS of $3.35/share on revenue of $16.40B.
- The disclosure follows an earlier announcement of a larger $2.7 billion charge tied to IPR&D and milestones, which affected results in Q3 2025.
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