Avantor (AVTR) Operating Expenses (2018 - 2026)
Avantor (AVTR) posted Operating Expenses of $415.2 million for Q2 2026, up 3.49% on a QoQ basis from $401.2 million in Q1 2026, and down 2.37% year-over-year from $425.3 million in Q2 2025.
Analysis
Avantor (AVTR) Operating Expenses (2018 - 2026) Analysis & Trends
Avantor has reported Operating Expenses for 9 years, with the latest figure at $415.2 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 2.37% year-over-year to $415.2 million in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 1.53% decrease from a year earlier, with the FY2025 full-year figure at $1.6 billion, down 2.78% from the prior year.
- Operating Expenses was $415.2 million for Q2 2026 at Avantor, up from $401.2 million in the prior quarter.
- The five-year high for Operating Expenses was $439.8 million in Q3 2024, with the low at $352.1 million in Q2 2022.
- Average Operating Expenses over 5 years is $390.7 million, with a median of $388.9 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses dropped 16.33% in 2022, then grew 19.38% in 2024.
- Over 5 years, Operating Expenses stood at $362.7 million in 2022, then increased by 6.73% to $387.1 million in 2023, then decreased by 4.06% to $371.4 million in 2024, then advanced by 5.65% to $392.4 million in 2025, then advanced by 5.81% to $415.2 million in 2026.
- The last three Operating Expenses figures came in at $415.2 million (Q2 2026), $401.2 million (Q1 2026), and $392.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 60.39 Bn | 59.80 Bn | 1.98 Bn | 1.18 Bn |
| 2 | Fastenal | 56.00 Bn | 55.79 Bn | 1.06 Bn | 561.80 Mn |
| 3 | Ferguson Enterprises | 43.40 Bn | 42.58 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Reliance | 20.18 Bn | 19.94 Bn | 1.30 Bn | 4.19 Bn |
| 5 | Wesco International | 17.41 Bn | 16.60 Bn | 1.46 Bn | 1.02 Bn |
| 6 | Applied Industrial Technologies | 12.13 Bn | 12.00 Bn | 411.22 Mn | 251.91 Mn |
| 7 | Watsco | 11.83 Bn | 11.37 Bn | 578.93 Mn | 348.99 Mn |
| 8 | Avantor | 10.07 Bn | 9.76 Bn | 537.00 Mn | 415.20 Mn |
| 9 | Core & Main | 7.85 Bn | 7.70 Bn | 520.00 Mn | 343.00 Mn |
| 10 | Msc Industrial Direct | 6.67 Bn | 6.59 Bn | 430.41 Mn | 323.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 415.20 Mn |
| Mar 31, 2026 | 401.20 Mn |
| Dec 31, 2025 | 392.40 Mn |
| Sep 30, 2025 | 390.30 Mn |
| Jun 30, 2025 | 425.30 Mn |
| Mar 31, 2025 | 387.50 Mn |
| Dec 31, 2024 | 371.40 Mn |
| Sep 30, 2024 | 439.80 Mn |
| Jun 30, 2024 | 405.70 Mn |
| Mar 31, 2024 | 424.20 Mn |
| Dec 31, 2023 | 387.10 Mn |
| Sep 30, 2023 | 368.40 Mn |
| Jun 30, 2023 | 357.50 Mn |
| Mar 31, 2023 | 393.60 Mn |
| Dec 31, 2022 | 362.70 Mn |
| Sep 30, 2022 | 374.90 Mn |
| Jun 30, 2022 | 352.10 Mn |
| Mar 31, 2022 | 382.90 Mn |
| Dec 31, 2021 | 433.50 Mn |
| Sep 30, 2021 | 378.70 Mn |