Fresenius Medical Care AG (FMS) Operating Expenses (2009 - 2025)

Fresenius Medical Care AG's Operating Expenses history runs 17 years deep, the most recent figure standing at $820.7 million for Q4 2025.

• In Q4 2025, Operating Expenses fell 5.19% year-over-year to $820.7 million; the TTM figure through Dec 2025 stood at $3.5 billion (changed 0.17% YoY), while the FY2025 annual figure was $3.6 billion, up 3.09% from the prior year.
• Operating Expenses was $820.7 million for Q4 2025 at Fresenius Medical Care AG, down from $868.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q2 2021 to a low of $441.8 million in Q4 2022.
• Historically, Operating Expenses has averaged $863.5 million across 5 years, with a median of $907.0 million in 2023.
• The sharpest annual moves came in 2021 and 2023: Operating Expenses decreased 24.37% in 2021, then surged 105.56% in 2023.
• A 5-year view of Operating Expenses shows it stood at $489.6 million in 2021, then slipped by 9.77% to $441.8 million in 2022, then surged by 105.56% to $908.1 million in 2023, then retreated by 4.68% to $865.6 million in 2024, then fell by 5.19% to $820.7 million in 2025.
• The last three Operating Expenses figures came in at $820.7 million (Q4 2025), $868.8 million (Q3 2025), and $939.7 million (Q2 2025), per Business Quant data.