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AbbVie10-Q: Market share loss

Humira revenue plummets 40% in Q1 due to direct biosimilar competition

What happened

AbbVie's flagship drug, Humira, experienced a 40% revenue decline following its loss of exclusivity. This massive revenue gap creates significant pressure on the company to accelerate growth in other products and find operational efficiencies.

Source

SEC EDGARMay 8, 2026

Quarterly report (Form 10-Q)

AbbVie 10-Q

Filing excerpt

Net revenues for Humira decreased 40% for the three months ended March 31, 2026 primarily driven by continued impact of direct biosimilar competition following the loss of exclusivity.

sec.gov/Archives/edgar/data/1551152/000155115226000017/abbv-20260331.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Market share loss

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 8, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Percent
-40% (YoY decrease in Humira net revenues for the three months ended March 31, 2026)

Details

CIK
1551152
Accession number
0001551152-26-000017
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Urgency to improve

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
marketShareLoss

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/28585197-b3d4-42d1-b91e-1a89b2d5835f returns this record as JSON. POST /v1/companies/enrich returns every signal for abbvie.com.

{
  "signal_id": "28585197-b3d4-42d1-b91e-1a89b2d5835f",
  "signal_type": "sec-10q",
  "signal_subtype": "marketShareLoss",
  "detected_at": "2026-05-12T09:24:57.857+00:00",
  "company": {
    "name": "AbbVie",
    "domain": "abbvie.com"
  },
  "data": {
    "detail": "AbbVie's flagship drug, Humira, experienced a 40% revenue decline following its loss of exclusivity. This massive revenue gap creates significant pressure on the company to accelerate growth in other products and find operational efficiencies.",
    "metrics": {
      "pct": -40,
      "timeframe": "current_quarter",
      "pct_context": "YoY decrease in Humira net revenues for the three months ended March 31, 2026"
    },
    "summary": "Humira revenue plummets 40% in Q1 due to direct biosimilar competition",
    "excerpts": "Net revenues for Humira decreased 40% for the three months ended March 31, 2026 primarily driven by continued impact of direct biosimilar competition following the loss of exclusivity.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1551152/000155115226000017/abbv-20260331.htm",
    "filing_date": "2026-05-08",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Urgency to improve",
    "signal_category": "market"
  }
}

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