Alvotech (ALVO) Interest Expenses (2021 - 2026)

Alvotech (ALVO) posted Interest Expenses of -$40.8 million for Q1 2026, down 110.55% on a QoQ basis from $386.9 million in Q4 2025, and down 214.82% year-over-year from $35.5 million in Q1 2025.

Alvotech (ALVO) Interest Expenses (2021 - 2026) Analysis & Trends

Alvotech's Interest Expenses history runs 6 years deep, the most recent figure standing at -$40.8 million for Q1 2026.

  • Quarterly Interest Expenses fell 214.82% year-over-year to -$40.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $143.9 million (up 176.45% YoY) and the FY2025 annual result came in at $149.2 million, down 50.79% from the prior year.
  • Interest Expenses was -$40.8 million for Q1 2026 at Alvotech, down from $386.9 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $515.1 million in Q3 2024 and bottomed at -$461.5 million in Q2 2024.
  • A 5-year average of $13.0 million and a median of -$40.8 million in 2026 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2023 — Interest Expenses jumped 941.23% — and 2024, when it plunged 620.02%.
  • Alvotech's Interest Expenses stood at -$52.4 million in 2022, then surged by 404.03% to $159.3 million in 2023, then tumbled by 274.11% to -$277.4 million in 2024, then surged by 239.46% to $386.9 million in 2025, then slumped by 110.55% to -$40.8 million in 2026.
  • Business Quant data shows ALVO's Interest Expenses at -$40.8 million in Q1 2026, $386.9 million in Q4 2025, and -$165.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 62.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 944.51 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 1.77 Bn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - 2.17 Bn
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 1.21 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 590.20 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 57.00 Mn
10 Alvotech 935.87 Mn 935.87 Mn 5.09 Mn -40.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -40.81 Mn
Mar 31, 2026 -40.81 Mn
Dec 31, 2025 386.87 Mn
Dec 31, 2025 386.87 Mn
Sep 30, 2025 -165.49 Mn
Sep 30, 2025 -165.49 Mn
Jun 30, 2025 -36.65 Mn
Jun 30, 2025 -36.65 Mn
Mar 31, 2025 35.54 Mn
Mar 31, 2025 35.54 Mn
Dec 31, 2024 -277.41 Mn
Dec 31, 2024 -277.41 Mn
Sep 30, 2024 515.10 Mn
Sep 30, 2024 515.10 Mn
Jun 30, 2024 -461.48 Mn
Jun 30, 2024 -461.48 Mn
Mar 31, 2024 184.06 Mn
Mar 31, 2024 184.06 Mn
Dec 31, 2023 159.33 Mn
Dec 31, 2023 159.33 Mn