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
DateValue
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