Alvotech (ALVO) Operating Expenses (2021 - 2026)
Alvotech's Operating Expenses was -$65.41 million in Q2 2026, compared with -$81.46 million a year earlier.
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Analysis
Alvotech (ALVO) Operating Expenses (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alvotech's Operating Expenses was -$115.6 million through Jun 30, 2026; for FY2025, it came in at $90.76 billion.
- In earlier years, Operating Expenses was -$105.6 million in FY2024, -$134.27 million in FY2023, -$367.36 million in FY2022 and -$275.14 million in FY2021.
- Quarterly Operating Expenses has moved between -$367.36 million (Q1 2022) and $593.4 million (Q2 2022) over five years.
- Per Business Quant data, ALVO's Operating Expenses in the three quarters before Q2 2026 was -$50.18 million (Q1 2026), $77.54 million (Q4 2025) and -$77.54 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn | 7.68 Bn |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn | 11.12 Bn |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn | 11.14 Bn |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn | 7.61 Bn |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn | 9.00 Bn |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn | 6.66 Bn |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn | 4.84 Bn |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn | 7.09 Bn |
| 10 | Alvotech | 1.35 Bn | 919.66 Mn | 2.56 Mn | 65.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.41 Mn |
| Mar 31, 2026 | 50.18 Mn |
| Dec 31, 2025 | -77.54 Mn |
| Sep 30, 2025 | 77.54 Mn |
| Jun 30, 2025 | 81.46 Mn |
| Mar 31, 2025 | 56.78 Mn |
| Dec 31, 2024 | 59.54 Mn |
| Sep 30, 2024 | 50.45 Mn |
| Jun 30, 2024 | 61.68 Mn |
| Mar 31, 2024 | 65.36 Mn |
| Dec 31, 2023 | 76.02 Mn |
| Sep 30, 2023 | 69.88 Mn |
| Jun 30, 2023 | 68.43 Mn |
| Mar 31, 2023 | 73.06 Mn |
| Dec 31, 2022 | 367.36 Mn |
| Sep 30, 2022 | 63.63 Mn |
| Jun 30, 2022 | 154.72 Mn |
| Mar 31, 2022 | 71.31 Mn |
| Dec 31, 2021 | 275.14 Mn |
| Sep 30, 2021 | 76.15 Mn |
API Access
Alvotech Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALVO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ALVO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALVO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();