Ani Pharmaceuticals (ANIP) Operating Expenses (2010 - 2026)

Ani Pharmaceuticals' (ANIP) quarterly Operating Expenses came in at $198.6 million in Q1 2026, up 16.17% year-on-year from $170.9 million in Q1 2025, and down 6.46% quarter-over-quarter from $212.3 million in Q4 2025.

Ani Pharmaceuticals (ANIP) Operating Expenses (2010 - 2026) Analysis & Trends

Ani Pharmaceuticals has disclosed Operating Expenses across 17 years of filings, most recently posting $198.6 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $198.6 million, up 16.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $799.9 million (up 19.82% YoY), and the FY2025 annual result was $772.3 million, up 25.82% from the prior year.
  • Operating Expenses came in at $198.6 million for Q1 2026 at Ani Pharmaceuticals, down from $212.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $212.3 million in Q4 2025 to a low of $83.7 million in Q1 2022.
  • The 5-year median for Operating Expenses is $124.9 million (2023), against an average of $139.8 million.
  • Across the five-year window, Operating Expenses surged 62.55% in 2022 and grew 8.9% in 2025, its largest moves.
  • Ani Pharmaceuticals' Operating Expenses stood at $92.4 million in 2022, then soared by 35.19% to $124.9 million in 2023, then soared by 56.05% to $195.0 million in 2024, then rose by 8.9% to $212.3 million in 2025, then dropped by 6.46% to $198.6 million in 2026.
  • The last three Operating Expenses figures came in at $198.6 million (Q1 2026), $212.3 million (Q4 2025), and $191.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 526.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 441.19 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 96.91 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 475.11 Mn
10 Ani Pharmaceuticals 1.68 Bn 1.37 Bn 143.88 Mn 198.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 198.57 Mn
Dec 31, 2025 212.29 Mn
Sep 30, 2025 191.57 Mn
Jun 30, 2025 197.48 Mn
Mar 31, 2025 170.93 Mn
Dec 31, 2024 194.95 Mn
Sep 30, 2024 168.85 Mn
Jun 30, 2024 132.87 Mn
Mar 31, 2024 117.12 Mn
Dec 31, 2023 124.93 Mn
Sep 30, 2023 113.88 Mn
Jun 30, 2023 104.15 Mn
Mar 31, 2023 96.89 Mn
Dec 31, 2022 92.41 Mn
Sep 30, 2022 88.82 Mn
Jun 30, 2022 86.77 Mn
Mar 31, 2022 83.67 Mn
Dec 31, 2021 84.65 Mn
Sep 30, 2021 55.62 Mn
Jun 30, 2021 64.18 Mn