Bristol Myers Squibb (BMY) Operating Expenses (2009 - 2026)
Bristol Myers Squibb (BMY) reported Operating Expenses of $8.2 billion for Q1 2026, little changed year-over-year from $8.2 billion in Q1 2025, and down 25.22% quarter-over-quarter from $11.0 billion in Q4 2025.
Bristol Myers Squibb (BMY) Operating Expenses (2009 - 2026) Analysis & Trends
Bristol Myers Squibb (BMY) has 18 years of Operating Expenses data on file, last reported at $8.2 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $8.2 billion, changed 0.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $38.9 billion (down 6.36% YoY), and the FY2025 annual result was $38.9 billion, down 31.43% from the prior year.
- Operating Expenses slipped to $8.2 billion in Q1 2026 per BMY's latest filing, from $11.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $23.4 billion in Q1 2024 and troughed at $8.2 billion in Q1 2025.
- A 5-year average of $10.5 billion and a median of $9.8 billion in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 172.92% in 2024, then sank 64.8% in 2025.
- A 5-year view of Operating Expenses shows it stood at $9.5 billion in 2022, then advanced by 2.68% to $9.8 billion in 2023, then grew by 24.12% to $12.2 billion in 2024, then declined by 9.33% to $11.0 billion in 2025, then declined by 25.22% to $8.2 billion in 2026.
- Business Quant data shows BMY's Operating Expenses at $8.2 billion in Q1 2026, $11.0 billion in Q4 2025, and $9.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -5.14 Bn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 6.72 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 9.59 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 11.01 Bn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 19.82 Bn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 5.95 Bn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 4.37 Bn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 5.50 Bn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 8.25 Bn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.25 Bn |
| Dec 31, 2025 | 11.03 Bn |
| Sep 30, 2025 | 9.11 Bn |
| Jun 30, 2025 | 10.50 Bn |
| Mar 31, 2025 | 8.23 Bn |
| Dec 31, 2024 | 12.17 Bn |
| Sep 30, 2024 | 10.22 Bn |
| Jun 30, 2024 | 10.92 Bn |
| Mar 31, 2024 | 23.38 Bn |
| Dec 31, 2023 | 9.80 Bn |
| Sep 30, 2023 | 8.83 Bn |
| Jun 30, 2023 | 9.37 Bn |
| Mar 31, 2023 | 8.57 Bn |
| Dec 31, 2022 | 9.55 Bn |
| Sep 30, 2022 | 9.01 Bn |
| Jun 30, 2022 | 9.93 Bn |
| Mar 31, 2022 | 9.96 Bn |
| Dec 31, 2021 | 10.13 Bn |
| Sep 30, 2021 | 9.47 Bn |
| Jun 30, 2021 | 10.15 Bn |