Elanco Animal Health Inc (ELAN) Operating Expenses (2017 - 2026)
Elanco Animal Health's Operating Expenses was $550 million in Q2 2026, up 11.6% from $493 million a year earlier and up 11.3% from the prior quarter.
Elanco Animal Health Inc (ELAN) Operating Expenses (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Elanco Animal Health's Operating Expenses was $2.14 billion through Jun 30, 2026, down 13.6% year-over-year; for FY2025, it was $2.04 billion, down 48.5% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of -12.4% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $3.95 billion in FY2024 (-29.6%), $5.61 billion in FY2023 (+25.2%), $4.48 billion in FY2022 (-16.0%) and $5.34 billion in FY2021 (+35.1%).
- Quarterly Operating Expenses has moved between $444 million (Q1 2025) and $2.17 billion (Q3 2023) over five years.
- Compared with a year earlier, Operating Expenses was higher in two of the last eight quarters, with an average decline of 28.5%.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2023 (growth of 102.3%); the worst was Q3 2024 (a decline of 78.2%).
- Per Business Quant data, ELAN's Operating Expenses in the three quarters before Q2 2026 was $494 million (Q1 2026), $633 million (Q4 2025) and $465 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 550.00 Mn |
| Mar 31, 2026 | 494.00 Mn |
| Dec 31, 2025 | 633.00 Mn |
| Sep 30, 2025 | 465.00 Mn |
| Jun 30, 2025 | 493.00 Mn |
| Mar 31, 2025 | 444.00 Mn |
| Dec 31, 2024 | 1.07 Bn |
| Sep 30, 2024 | 471.00 Mn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.19 Bn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 2.17 Bn |
| Jun 30, 2023 | 1.14 Bn |
| Mar 31, 2023 | 1.15 Bn |
| Dec 31, 2022 | 1.07 Bn |
| Sep 30, 2022 | 1.07 Bn |
| Jun 30, 2022 | 1.19 Bn |
| Mar 31, 2022 | 1.15 Bn |
| Dec 31, 2021 | 1.24 Bn |
| Sep 30, 2021 | 1.26 Bn |
Elanco Animal Health Inc 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=ELAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ELAN", "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=ELAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();