Gilead Sciences (GILD) Operating Expenses (2009 - 2026)
Gilead Sciences' (GILD) quarterly Operating Expenses came in at $18.2 billion in Q2 2026, up 294.9% on a YoY basis from $4.6 billion in Q2 2025, and up 316.03% quarter-over-quarter from $4.4 billion in Q1 2026.
Analysis
Gilead Sciences (GILD) Operating Expenses (2009 - 2026) Analysis & Trends
Gilead Sciences (GILD) has reported Operating Expenses for 18 consecutive years, with $18.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 294.9% year-over-year to $18.2 billion; the trailing twelve-month figure through Jun 2026 stood at $33.0 billion (up 58.34% YoY), and the FY2025 full-year result was $19.4 billion, down 28.31% from the prior year.
- Operating Expenses improved to $18.2 billion in Q2 2026 per GILD's latest filing, from $4.4 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $18.2 billion in Q2 2026 and bottomed at $4.2 billion in Q3 2022.
- Historically, Operating Expenses has averaged $6.0 billion across 5 years, with a median of $4.8 billion in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses plunged 59.76% in 2025, then jumped 294.9% in 2026.
- Over 5 years, Operating Expenses stood at $5.1 billion in 2022, then increased by 7.42% to $5.5 billion in 2023, then retreated by 7.0% to $5.1 billion in 2024, then gained by 16.1% to $5.9 billion in 2025, then soared by 206.3% to $18.2 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $18.2 billion, $4.4 billion, and $5.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 207.26 Bn | 193.27 Bn | 7.24 Bn | 6.54 Bn |
| 2 | Gilead Sciences | 179.66 Bn | 176.48 Bn | 6.22 Bn | 18.20 Bn |
| 3 | Vertex Pharmaceuticals | 131.52 Bn | 123.67 Bn | 2.84 Bn | 2.09 Bn |
| 4 | Regeneron Pharmaceuticals | 81.77 Bn | 73.78 Bn | 3.93 Bn | 3.00 Bn |
| 5 | Argenx Se | 61.15 Bn | 55.97 Bn | 1.37 Bn | -1.05 Bn |
| 6 | Moderna | 53.55 Bn | 48.41 Bn | 52.00 Mn | 960.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.38 Bn | 30.07 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Biogen | 31.68 Bn | 30.40 Bn | 1.96 Bn | 2.60 Bn |
| 9 | Roivant Sciences | 29.12 Bn | 29.12 Bn | 1.16 Mn | 367.83 Mn |
| 10 | Insmed | 27.69 Bn | 26.53 Bn | 358.27 Mn | 427.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.20 Bn |
| Mar 31, 2026 | 4.37 Bn |
| Dec 31, 2025 | 5.94 Bn |
| Sep 30, 2025 | 4.44 Bn |
| Jun 30, 2025 | 4.61 Bn |
| Mar 31, 2025 | 4.43 Bn |
| Dec 31, 2024 | 5.12 Bn |
| Sep 30, 2024 | 6.66 Bn |
| Jun 30, 2024 | 4.31 Bn |
| Mar 31, 2024 | 11.01 Bn |
| Dec 31, 2023 | 5.50 Bn |
| Sep 30, 2023 | 4.43 Bn |
| Jun 30, 2023 | 4.93 Bn |
| Mar 31, 2023 | 4.65 Bn |
| Dec 31, 2022 | 5.12 Bn |
| Sep 30, 2022 | 4.21 Bn |
| Jun 30, 2022 | 4.23 Bn |
| Mar 31, 2022 | 6.39 Bn |
| Dec 31, 2021 | 6.30 Bn |
| Sep 30, 2021 | 3.58 Bn |