Aurora Cannabis (ACB) Operating Expenses (2017 - 2025)

Aurora Cannabis (ACB) reported Operating Expenses of $19.4 million for Q4 2025, up 5.44% year-over-year from $18.4 million in Q4 2024, and down 5.87% quarter-over-quarter from $20.6 million in Q3 2025.

Aurora Cannabis (ACB) Operating Expenses (2017 - 2025) Analysis & Trends

Aurora Cannabis (ACB) has 9 years of Operating Expenses data on file, last reported at $19.4 million in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $19.4 million, up 5.44% year-over-year; the trailing twelve-month figure through Dec 2025 was $79.8 million (up 4.29% YoY), and the FY2025 annual result was $127.3 million, down 2.99% from the prior year.
  • Operating Expenses fell to $19.4 million in Q4 2025 per ACB's latest filing, from $20.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $49.1 million in Q2 2021 and troughed at $17.2 million in Q3 2023.
  • A 5-year average of $24.8 million and a median of $20.9 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2021 and 2022: Operating Expenses jumped 355.99% in 2021, then tumbled 58.64% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $48.4 million in 2021, then plunged by 58.64% to $20.0 million in 2022, then dropped by 8.47% to $18.3 million in 2023, then advanced by 0.43% to $18.4 million in 2024, then rose by 5.44% to $19.4 million in 2025.
  • Business Quant data shows ACB's Operating Expenses at $19.4 million in Q4 2025, $20.6 million in Q3 2025, and $21.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 526.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 441.19 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 96.91 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 475.11 Mn
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn 71.36 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 19.40 Mn
Sep 30, 2025 20.61 Mn
Jun 30, 2025 21.26 Mn
Mar 31, 2025 18.49 Mn
Dec 31, 2024 18.40 Mn
Sep 30, 2024 17.64 Mn
Jun 30, 2024 18.05 Mn
Mar 31, 2024 22.38 Mn
Dec 31, 2023 18.32 Mn
Sep 30, 2023 17.16 Mn
Dec 31, 2022 20.02 Mn
Sep 30, 2022 23.00 Mn
Jun 30, 2022 24.44 Mn
Mar 31, 2022 21.25 Mn
Dec 31, 2021 48.40 Mn
Sep 30, 2021 44.78 Mn
Jun 30, 2021 49.09 Mn
Mar 31, 2021 24.58 Mn
Dec 31, 2020 22.89 Mn
Sep 30, 2020 74.41 Mn