Astrazeneca (AZN) Operating Expenses (2009 - 2026)
Astrazeneca (AZN) posted quarterly Operating Expenses of -$8.4 billion for Q1 2026, down 9.95% year-over-year from -$9.3 billion in Q1 2025, and up 10.07% on a QoQ basis from -$9.4 billion in Q4 2025.
Astrazeneca (AZN) Operating Expenses (2009 - 2026) Analysis & Trends
Astrazeneca (AZN) has reported Operating Expenses for 18 consecutive years, with -$8.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 9.95% year-over-year to -$8.4 billion; the TTM figure through Mar 2026 stood at -$34.9 billion (down 2.93% YoY), while the FY2025 annual figure was $34.2 billion, up 1.8% from the prior year.
- Operating Expenses came in at -$8.4 billion for Q1 2026 at Astrazeneca, up from -$9.4 billion in the prior quarter.
- The five-year high for Operating Expenses was -$6.7 billion in Q1 2023, with the low at -$10.1 billion in Q4 2024.
- Average Operating Expenses over 5 years is -$7.9 billion, with a median of -$7.7 billion recorded in 2023.
- The largest YoY upside for Operating Expenses was 12.53% in 2022 against a maximum downside of 90.12% in 2022.
- Year by year, Operating Expenses stood at -$7.2 billion in 2022, then retreated by 16.53% to -$8.4 billion in 2023, then dropped by 19.46% to -$10.1 billion in 2024, then climbed by 7.27% to -$9.4 billion in 2025, then grew by 10.07% to -$8.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$8.4 billion, -$9.4 billion, and -$8.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 6.72 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 9.59 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 11.01 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | -8.41 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 19.82 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 5.95 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 4.37 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 5.50 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 2.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.41 Bn |
| Dec 31, 2025 | -9.35 Bn |
| Sep 30, 2025 | -8.75 Bn |
| Jun 30, 2025 | -8.41 Bn |
| Mar 31, 2025 | -7.65 Bn |
| Dec 31, 2024 | -10.09 Bn |
| Sep 30, 2024 | -8.26 Bn |
| Jun 30, 2024 | -7.94 Bn |
| Mar 31, 2024 | -7.28 Bn |
| Dec 31, 2023 | -8.44 Bn |
| Sep 30, 2023 | -7.38 Bn |
| Jun 30, 2023 | -7.65 Bn |
| Mar 31, 2023 | -6.67 Bn |
| Dec 31, 2022 | -7.25 Bn |
| Sep 30, 2022 | -6.74 Bn |
| Jun 30, 2022 | -7.23 Bn |
| Mar 31, 2022 | -6.97 Bn |
| Dec 31, 2021 | -7.70 Bn |
| Sep 30, 2021 | -7.70 Bn |
| Jun 30, 2021 | -4.93 Bn |