Avantor (AVTR) Cost of Revenue (2018 - 2026)
Avantor (AVTR) recorded quarterly Cost of Revenue of $1.1 billion in Q1 2026, down 5.18% quarter-over-quarter from $1.1 billion in Q4 2025, and up 3.27% on a YoY basis from $1.0 billion in Q1 2025.
Avantor (AVTR) Cost of Revenue (2018 - 2026) Analysis & Trends
Avantor's Cost of Revenue history runs 9 years deep, the most recent figure standing at $1.1 billion for Q1 2026.
- In Q1 2026, Cost of Revenue rose 3.27% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $4.4 billion (changed 0.12% YoY), while the FY2025 annual figure was $4.4 billion, down 2.03% from the prior year.
- Cost of Revenue was $1.1 billion for Q1 2026 at Avantor, down from $1.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.3 billion in Q2 2022 to a low of $1.0 billion in Q1 2025.
- Historically, Cost of Revenue has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue advanced 7.48% in 2022, then declined 8.62% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $1.2 billion in 2022, then declined by 2.38% to $1.2 billion in 2023, then fell by 2.49% to $1.1 billion in 2024, then rose by 1.42% to $1.1 billion in 2025, then declined by 5.18% to $1.1 billion in 2026.
- The last three Cost of Revenue figures came in at $1.1 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 940.30 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 2.56 Bn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 5.51 Bn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 540.43 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 548.50 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 64.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 346.10 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 303.50 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 1.81 Bn |
| 10 | Avantor | 6.47 Bn | 6.19 Bn | 500.70 Mn | 1.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.08 Bn |
| Mar 31, 2026 | 1.08 Bn |
| Dec 31, 2025 | 1.14 Bn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 30, 2025 | 1.10 Bn |
| Sep 30, 2025 | 1.10 Bn |
| Jun 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 1.13 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.12 Bn |
| Dec 31, 2024 | 1.12 Bn |
| Sep 30, 2024 | 1.15 Bn |
| Sep 30, 2024 | 1.15 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | 1.15 Bn |
| Dec 31, 2023 | 1.15 Bn |