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Alvotech (ALVO) Operating Expenses (2021 - 2025)

Alvotech filings provide 5 years of Operating Expenses readings, the most recent being $490.9 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 307.12% to $490.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $275.1 million, a 166.38% increase, with the full-year FY2025 number at $275.1 million, up 16.08% from a year prior.
  • Operating Expenses hit $490.9 million in Q4 2025 for Alvotech, up from -$77.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $528.0 million in Q4 2021 to a low of -$367.4 million in Q4 2022.
  • Median Operating Expenses over the past 5 years was -$76.8 million (2021), compared with a mean of -$59.8 million.
  • The widest YoY moves for Operating Expenses: up 307.12% in 2025, down 104672.32% in 2025.
  • Alvotech's Operating Expenses stood at $528.0 million in 2021, then crashed by 169.57% to -$367.4 million in 2022, then increased by 21.77% to -$287.4 million in 2023, then rose by 17.52% to -$237.0 million in 2024, then skyrocketed by 307.12% to $490.9 million in 2025.
  • The last three reported values for Operating Expenses were $490.9 million (Q4 2025), -$77.5 million (Q3 2025), and -$69.8 million (Q2 2025) per Business Quant data.