Growth Metrics

Avantor (AVTR) Operating Expenses (2018 - 2026)

Avantor's quarterly Operating Expenses came in at $401.2 million in Q1 2026, up 3.54% year-on-year from $387.5 million in Q1 2025, and up 2.24% quarter-over-quarter from $392.4 million in Q4 2025.

Avantor has reported Operating Expenses for 9 years, with the latest figure at $401.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 3.54% year-over-year to $401.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (changed 0.3% YoY), and the FY2025 full-year result was $1.6 billion, down 2.78% from the prior year.
  • Operating Expenses for Q1 2026 stood at $401.2 million, up from $392.4 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 $389.2 million, with a median of $387.5 million recorded in 2025.
  • Year-over-year, Operating Expenses declined 16.33% in 2022 and increased 19.38% in 2024.
  • Tracing AVTR's Operating Expenses over 5 years: 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 rose by 2.24% to $401.2 million in 2026.
  • The last three Operating Expenses figures came in at $401.2 million (Q1 2026), $392.4 million (Q4 2025), and $390.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn 975.20 Mn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 4.62 Bn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 391.17 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 115.30 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 1.02 Bn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 434.50 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 594.63 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 867.00 Mn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 875.37 Mn
10 Avantor 5.31 Bn 5.03 Bn 500.70 Mn 401.20 Mn

Historic Data

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DateValue
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
Jun 30, 2021 371.80 Mn
Mar 31, 2021 346.50 Mn
Dec 31, 2020 377.00 Mn
Sep 30, 2020 329.20 Mn
Jun 30, 2020 324.00 Mn
Mar 31, 2020 343.50 Mn
Dec 31, 2019 328.50 Mn
Sep 30, 2019 330.80 Mn
Jun 30, 2019 372.00 Mn
Mar 31, 2019 337.60 Mn
Dec 31, 2018 332.50 Mn
Sep 30, 2018 346.50 Mn
Jun 30, 2018 373.60 Mn