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-on-year from $14.3 million in Q1 2025, and down 3.4% on a QoQ basis 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.

  • Quarterly Operating Expenses rose 31.0% year-over-year to $18.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $80.0 million (down 91.21% YoY) and the FY2026 annual result came in at $132.6 million, up 8.14% 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.
  • Over the last five years, Operating Expenses for ACB reached as high as $1.2 billion in Q3 2023 and fell as low as -$47.6 million in Q2 2024.
  • A 5-year average of $161.6 million and a median of $20.6 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 3020.64% — and 2024, when it sank 130.15%.
  • Year by year, Operating Expenses stood at $40.8 million in 2022, then slumped by 57.25% to $17.5 million in 2023, then grew by 5.42% to $18.4 million in 2024, then grew by 5.44% to $19.4 million in 2025, then retreated by 3.4% to $18.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $18.7 million, $19.4 million, and $20.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 455.70 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 494.00 Mn
10 Aurora Cannabis 1.11 Bn 1.03 Bn 21.72 Mn 18.74 Mn

Historic Data

Download Data
DateValue
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 18.41 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