Astrazeneca (AZN) Operating Expenses (2009 - 2026)
Astrazeneca (AZN) recorded quarterly Operating Expenses of -$8.4 billion in Q1 2026, up 10.07% quarter-over-quarter from -$9.4 billion in Q4 2025, and down 9.95% on a YoY basis from -$9.3 billion in Q1 2025.
Astrazeneca (AZN) Operating Expenses (2009 - 2026) Analysis & Trends
Astrazeneca's Operating Expenses history runs 18 years deep, the most recent figure standing at -$8.4 billion for 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 was -$8.4 billion for Q1 2026 at Astrazeneca, up from -$9.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$6.7 billion in Q1 2023 to a low of -$10.1 billion in Q4 2024.
- Historically, Operating Expenses has averaged -$7.9 billion across 5 years, with a median of -$7.7 billion in 2023.
- Biggest YoY gain for Operating Expenses was 12.53% in 2022; the steepest drop was 90.12% in 2022.
- A 5-year view of Operating Expenses shows it stood at -$7.2 billion in 2022, then dropped by 16.53% to -$8.4 billion in 2023, then retreated by 19.46% to -$10.1 billion in 2024, then rose by 7.27% to -$9.4 billion in 2025, then gained by 10.07% to -$8.4 billion in 2026.
- The last three Operating Expenses figures came in at -$8.4 billion (Q1 2026), -$9.4 billion (Q4 2025), and -$8.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | -5.14 Bn |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 6.72 Bn |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 9.59 Bn |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | 11.01 Bn |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | 19.82 Bn |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 5.95 Bn |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 4.37 Bn |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | 5.50 Bn |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 8.25 Bn |
| 10 | Astrazeneca | 72.15 Bn | 64.21 Bn | 12.61 Bn | -8.41 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 |