Clarivate (CLVT) Operating Expenses (2019 - 2026)
Clarivate (CLVT) posted Operating Expenses of $787.5 million for Q2 2026, up 28.2% from $614.5 million a year earlier and up 41.8% from the prior quarter.
Clarivate (CLVT) Operating Expenses (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Clarivate was $2.5 billion, down 2.2% year-over-year; for FY2025, it came in at $2.38 billion, down 15.8% from FY2024.
- Annual Operating Expenses has declined for three consecutive years, though with a five-year compound annual growth rate of 13.1% (FY2020 to FY2025).
- In prior years, Clarivate's Operating Expenses was $2.83 billion in FY2024 (-15.8%), $3.36 billion in FY2023 (-48.9%), $6.59 billion in FY2022 (+235.3%) and $1.96 billion in FY2021 (+52.2%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q2 2024.
- On a year-over-year basis, Operating Expenses increased in two of the last eight quarters, with an average decline of 10.1%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2023, with growth of 312.5%; the weakest was Q3 2023, with a decline of 88.8%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $555.3 million (Q1 2026), $575.6 million (Q4 2025) and $579.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 462.03 Bn | 430.98 Bn | 1.64 Bn | 726.59 Mn |
| 2 | Oracle | 387.48 Bn | 259.61 Bn | - | 12.62 Bn |
| 3 | Sap Se | 266.80 Bn | 194.59 Bn | 8.40 Bn | -8.41 Bn |
| 4 | Salesforce | 199.03 Bn | 154.91 Bn | 8.70 Bn | 6.37 Bn |
| 5 | ServiceNow | 154.48 Bn | 132.94 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Automatic Data Processing | 117.71 Bn | 99.83 Bn | 2.51 Bn | 4.34 Bn |
| 7 | Intuit | 92.43 Bn | 71.78 Bn | 3.44 Bn | 3.88 Bn |
| 8 | Relx | 72.15 Bn | 71.24 Bn | - | - |
| 9 | Thomson Reuters | 50.59 Bn | 47.38 Bn | - | -1.21 Bn |
| 10 | Clarivate | 1.13 Bn | 27.13 Mn | 401.80 Mn | 787.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 787.50 Mn |
| Mar 31, 2026 | 555.30 Mn |
| Dec 31, 2025 | 575.60 Mn |
| Sep 30, 2025 | 579.10 Mn |
| Jun 30, 2025 | 614.50 Mn |
| Mar 31, 2025 | 614.50 Mn |
| Dec 31, 2024 | 725.30 Mn |
| Sep 30, 2024 | 600.50 Mn |
| Jun 30, 2024 | 890.30 Mn |
| Mar 31, 2024 | 616.20 Mn |
| Dec 31, 2023 | 1.47 Bn |
| Sep 30, 2023 | 560.00 Mn |
| Jun 30, 2023 | 757.10 Mn |
| Mar 31, 2023 | 574.50 Mn |
| Dec 31, 2022 | 356.80 Mn |
| Sep 30, 2022 | 5.01 Bn |
| Jun 30, 2022 | 600.40 Mn |
| Mar 31, 2022 | 617.30 Mn |
| Dec 31, 2021 | 528.80 Mn |
| Sep 30, 2021 | 427.70 Mn |
Clarivate Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CLVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CLVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CLVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();