Elanco Animal Health (ELAN) Operating Expenses (2017 - 2026)
Elanco Animal Health's (ELAN) quarterly Operating Expenses came in at $550.0 million in Q2 2026, up 11.56% year-over-year from $493.0 million in Q2 2025, and up 11.34% quarter-over-quarter from $494.0 million in Q1 2026.
Analysis
Elanco Animal Health (ELAN) Operating Expenses (2017 - 2026) Analysis & Trends
Elanco Animal Health has disclosed Operating Expenses across 10 years of filings, most recently posting $550.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 11.56% year-over-year to $550.0 million; the TTM figure through Jun 2026 stood at $2.1 billion (down 13.59% YoY), while the FY2025 annual figure was $2.0 billion, down 48.49% from the prior year.
- Operating Expenses came in at $550.0 million for Q2 2026 at Elanco Animal Health, up from $494.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.2 billion in Q3 2023 to a low of $444.0 million in Q1 2025.
- Average Operating Expenses over 5 years is $951.4 million, with a median of $1.1 billion recorded in 2022.
- Year-over-year, Operating Expenses soared 102.34% in 2023 and plunged 78.24% in 2024.
- Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then increased by 8.19% to $1.2 billion in 2023, then slipped by 7.83% to $1.1 billion in 2024, then sank by 40.9% to $633.0 million in 2025, then declined by 13.11% to $550.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $550.0 million in Q2 2026, $494.0 million in Q1 2026, and $633.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.55 Bn | 40.36 Bn | 779.09 Mn | 353.52 Mn |
| 2 | Zoetis | 30.68 Bn | 29.00 Bn | 1.05 Bn | 215.00 Mn |
| 3 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | 550.00 Mn |
| 4 | Phibro Animal Health | 1.50 Bn | 1.42 Bn | 134.40 Mn | 94.31 Mn |
| 5 | Immucell | 89.92 Mn | 81.06 Mn | 2.44 Mn | 502,288.00 |
| 6 | Zhengye Biotechnology Holding | 75.05 Mn | 67.96 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | 292,311.00 |
Historic Data
Download Data
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 |