Astrazeneca (AZN) Operating Expenses (2009 - 2026)
Astrazeneca (AZN) posted Operating Expenses of -$9.7 billion for Q2 2026, down 15.36% on a QoQ basis from -$8.4 billion in Q1 2026, and down 15.36% year-over-year from -$11.5 billion in Q2 2025.
Analysis
Astrazeneca (AZN) Operating Expenses (2009 - 2026) Analysis & Trends
Astrazeneca has reported Operating Expenses for 18 years, with the latest figure at -$9.7 billion in Q2 2026.
- On a quarterly basis, Operating Expenses fell 15.36% year-over-year to -$9.7 billion in Q2 2026; TTM through Jun 2026 was -$61.0 billion, a 77.37% decrease from a year earlier, with the FY2025 full-year figure at -$34.2 billion, down 1.8% from the prior year.
- Operating Expenses was -$9.7 billion for Q2 2026 at Astrazeneca, down from -$8.4 billion in the prior quarter.
- The five-year high for Operating Expenses was -$6.7 billion in Q1 2023, with the low at -$34.2 billion in Q4 2025.
- Average Operating Expenses over 5 years is -$9.4 billion, with a median of -$7.8 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses advanced 12.53% in 2022, then plunged 238.7% in 2025.
- Over 5 years, Operating Expenses stood at -$7.2 billion in 2022, then declined by 16.53% to -$8.4 billion in 2023, then decreased by 19.46% to -$10.1 billion in 2024, then slumped by 238.7% to -$34.2 billion in 2025, then surged by 71.6% to -$9.7 billion in 2026.
- The last three Operating Expenses figures came in at -$9.7 billion (Q2 2026), -$8.4 billion (Q1 2026), and -$34.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 659.69 Bn | 643.71 Bn | 5.90 Bn | - |
| 2 | General Electric | 337.12 Bn | 327.78 Bn | 6.95 Bn | 10.86 Bn |
| 3 | Astrazeneca | 247.89 Bn | 242.60 Bn | 12.86 Bn | -9.70 Bn |
| 4 | Citigroup | 236.49 Bn | -2,065.81 Bn | 24.75 Bn | 14.22 Bn |
| 5 | Bhp | 220.99 Bn | 202.45 Bn | - | - |
| 6 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 7 | Diageo | 192.64 Bn | 190.61 Bn | - | - |
| 8 | National Grid | 165.59 Bn | 161.82 Bn | - | - |
| 9 | Unilever | 135.28 Bn | 128.25 Bn | - | - |
| 10 | Hdfc Bank | 119.43 Bn | 82.28 Bn | - | -527.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.70 Bn |
| Mar 31, 2026 | -8.41 Bn |
| Dec 31, 2025 | -34.17 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 | -7.10 Bn |
| Dec 31, 2021 | -7.70 Bn |
| Sep 30, 2021 | -7.70 Bn |