Alvotech (ALVO) Operating Expenses (2021 - 2026)

Alvotech (ALVO) has reported Operating Expenses for 6 consecutive years, with -$65.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 19.7% year-over-year to -$65.4 million; the trailing twelve-month figure through Jun 2026 stood at -$331.4 million (up 22.16% YoY), and the FY2025 full-year result was -$275.1 million, down 16.08% from the prior year.
• Operating Expenses declined to -$65.4 million in Q2 2026 per ALVO's latest filing, from -$50.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $593.4 million in Q2 2022 and bottomed at -$367.4 million in Q1 2022.
• Historically, Operating Expenses has averaged -$113.1 million across 5 years, with a median of -$79.5 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 111.53% in 2023, then soared 77.26% in 2024.
• Over 5 years, Operating Expenses stood at -$367.4 million in 2022, then advanced by 21.77% to -$287.4 million in 2023, then rose by 17.52% to -$237.0 million in 2024, then soared by 41.68% to -$138.2 million in 2025, then soared by 52.68% to -$65.4 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$65.4 million, -$50.2 million, and -$138.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.