Alvotech (ALVO) Operating Income (2021 - 2026)

Alvotech (ALVO) posted Operating Income of $9.7 million for Q1 2026, down 96.85% on a QoQ basis from $307.5 million in Q4 2025, and down 88.32% year-over-year from $82.8 million in Q1 2025.

Alvotech (ALVO) Operating Income (2021 - 2026) Analysis & Trends

Alvotech's Operating Income history runs 6 years deep, the most recent figure standing at $9.7 million for Q1 2026.

  • Quarterly Operating Income fell 88.32% year-over-year to $9.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.0 million (down 99.99% YoY) and the FY2025 annual result came in at $78.2 million, up 12.3% from the prior year.
  • Operating Income was $9.7 million for Q1 2026 at Alvotech, down from $307.5 million in the prior quarter.
  • Across five years, Operating Income topped out at $96.3 billion in Q2 2023 and bottomed at -$96.3 billion in Q1 2023.
  • A 5-year average of -$76.1 million and a median of -$131.3 million in 2022 frame the typical range for Operating Income.
  • Peak annual rise in Operating Income reached 73453.53% in 2023, while the deepest fall reached 133121.71% in 2023.
  • Alvotech's Operating Income stood at -$346.4 million in 2022, then decreased by 2.43% to -$354.9 million in 2023, then soared by 45.95% to -$191.8 million in 2024, then jumped by 260.31% to $307.5 million in 2025, then tumbled by 96.85% to $9.7 million in 2026.
  • Business Quant data shows ALVO's Operating Income at $9.7 million in Q1 2026, $307.5 million in Q4 2025, and -$303.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 652.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 833.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -2.65 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 325.80 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -79.70 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 193.40 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 291.00 Mn
10 Alvotech 935.87 Mn 935.87 Mn 5.09 Mn 9.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.67 Mn
Dec 31, 2025 307.50 Mn
Sep 30, 2025 -303.39 Mn
Jun 30, 2025 -8.75 Mn
Mar 31, 2025 82.84 Mn
Dec 31, 2024 -191.82 Mn
Sep 30, 2024 247.99 Mn
Jun 30, 2024 48.23 Bn
Mar 31, 2024 -48.42 Bn
Dec 31, 2023 -354.86 Mn
Aug 31, 2023 -189.10 Mn
Jun 30, 2023 96.33 Bn
Mar 31, 2023 -96.27 Bn
Dec 31, 2022 -346.44 Mn
Aug 31, 2022 -203.58 Mn
Jun 30, 2022 -131.32 Mn
Mar 31, 2022 -72.27 Mn
Dec 31, 2021 14.53 Mn
Sep 30, 2021 -75.58 Mn