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
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