Avantor (AVTR) Operating Expenses (2018 - 2026)
Avantor (AVTR) recorded quarterly Operating Expenses of $401.2 million in Q1 2026, up 2.24% quarter-over-quarter from $392.4 million in Q4 2025, and up 3.54% on a YoY basis from $387.5 million in Q1 2025.
Avantor (AVTR) Operating Expenses (2018 - 2026) Analysis & Trends
Avantor's Operating Expenses history runs 9 years deep, the most recent figure standing at $401.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.54% year-over-year to $401.2 million; the TTM figure through Mar 2026 stood at $1.6 billion (changed 0.3% YoY), while the FY2025 annual figure was $1.6 billion, down 2.78% from the prior year.
- Operating Expenses was $401.2 million for Q1 2026 at Avantor, up from $392.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $439.8 million in Q3 2024 to a low of $352.1 million in Q2 2022.
- Historically, Operating Expenses has averaged $389.2 million across 5 years, with a median of $387.5 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses slipped 16.33% in 2022, then climbed 19.38% in 2024.
- A 5-year view of Operating Expenses shows it stood at $362.7 million in 2022, then grew by 6.73% to $387.1 million in 2023, then retreated by 4.06% to $371.4 million in 2024, then gained by 5.65% to $392.4 million in 2025, then increased 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 | 148.09 Bn | 143.69 Bn | 1.83 Bn | 975.20 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 4.62 Bn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 1.42 Bn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 391.17 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 115.30 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 1.02 Bn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 718.70 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 594.63 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 867.00 Mn |
| 10 | Avantor | 6.47 Bn | 6.19 Bn | 500.70 Mn | 401.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |