Aurora Cannabis (ACB) Operating Expenses (2017 - 2026)
Aurora Cannabis (ACB) posted quarterly Operating Expenses of $18.7 million for Q1 2026, up 31.0% year-over-year from $14.3 million in Q1 2025, and down 3.4% quarter-over-quarter from $19.4 million in Q4 2025.
Aurora Cannabis (ACB) Operating Expenses (2017 - 2026) Analysis & Trends
Aurora Cannabis (ACB) has reported Operating Expenses for 10 consecutive years, with $18.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 31.0% year-over-year to $18.7 million; the TTM figure through Mar 2026 stood at $80.0 million (down 91.21% YoY), while the FY2026 annual figure was $133.7 million, up 8.97% from the prior year.
- Operating Expenses declined to $18.7 million in Q1 2026 per ACB's latest filing, from $19.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.2 billion in Q3 2023 and bottomed at -$47.6 million in Q2 2024.
- Historically, Operating Expenses has averaged $161.8 million across 5 years, with a median of $20.9 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 3020.64% — and 2024, when it sank 130.15%.
- Aurora Cannabis' Operating Expenses stood at $40.8 million in 2022, then sank by 57.25% to $17.5 million in 2023, then gained by 5.42% to $18.4 million in 2024, then gained by 5.44% to $19.4 million in 2025, then fell by 3.4% to $18.7 million in 2026.
- Business Quant data shows ACB's Operating Expenses at $18.7 million in Q1 2026, $19.4 million in Q4 2025, and $20.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn | 1.29 Bn |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn | 215.00 Mn |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn | -2.85 Bn |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn | 452.50 Mn |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn | 1.45 Bn |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn | 807.50 Mn |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn | 550.00 Mn |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - | - |
| 10 | Aurora Cannabis | 232.22 Mn | 159.91 Mn | 25.75 Mn | 18.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.74 Mn |
| Dec 31, 2025 | 19.40 Mn |
| Sep 30, 2025 | 20.61 Mn |
| Jun 30, 2025 | 21.26 Mn |
| Mar 31, 2025 | 14.31 Mn |
| Dec 31, 2024 | 18.40 Mn |
| Sep 30, 2024 | 925.00 Mn |
| Jun 30, 2024 | -47.64 Mn |
| Mar 31, 2024 | 21.44 Mn |
| Dec 31, 2023 | 17.46 Mn |
| Sep 30, 2023 | 1.25 Bn |
| Jun 30, 2023 | 158.00 Mn |
| Dec 31, 2022 | 40.83 Mn |
| Sep 30, 2022 | 39.96 Mn |
| Jun 30, 2022 | 53.56 Mn |
| Mar 31, 2022 | 20.57 Mn |
| Dec 31, 2021 | 48.69 Mn |
| Sep 30, 2021 | 51.50 Mn |
| Jun 30, 2021 | 31.61 Mn |
| Mar 31, 2021 | 24.58 Mn |