Abbott Reports Second-Quarter 2025 Results
Abbott has reported a 7.4% growth in sales for the second quarter of 2025, with organic sales growing by 6.9% or 7.5% excluding COVID-19 testing-related sales. The company's GAAP diluted EPS for the quarter was $1.01, while adjusted diluted EPS stood at $1.26, reflecting double-digit growth compared to the prior year.
For the first half of 2025, Abbott saw a 5.7% increase in reported sales, with organic sales growing by 6.9% or 7.9% when excluding COVID-19 testing-related sales. The company projects full-year 2025 organic sales growth, excluding COVID-19 testing-related sales, to be 7.5% to 8.0%, or 6.0% to 7.0% when including COVID-19 testing-related sales.
In the nutrition business, worldwide sales increased by 2.9% on a reported basis and 3.4% on an organic basis in the second quarter. The adult nutrition segment led the growth, with sales increasing by 6.1% on a reported basis and 6.6% on an organic basis.
In the diagnostics segment, global sales decreased by 1.0% on a reported basis and 1.4% on an organic basis, but increased by 0.8% when excluding COVID-19 testing-related sales. COVID-19 testing-related sales were $55 million in the quarter, compared to $102 million in the second quarter of the prior year.
Abbott's established pharmaceuticals segment saw a 6.9% increase in reported sales and a 7.7% increase in organic sales in the second quarter, with key emerging markets driving the growth.
The medical devices segment experienced a 13.4% increase in reported sales and a 12.2% increase in organic sales in the second quarter. Sales growth in this segment was led by double-digit growth in diabetes care, heart failure, structural heart, and electrophysiology.
The market has reacted to these announcements by moving the company's shares -7.85% to a price of $121.40. For more information, read the company's full 8-K submission here.