Gsk (GLAXF) Operating Expenses (2009 - 2026)

Gsk (GLAXF) recorded quarterly Operating Expenses of -$5.1 billion in Q1 2026, up 76.75% quarter-over-quarter from -$22.1 billion in Q4 2025, and down 15.5% on a YoY basis from -$6.1 billion in Q1 2025.

Gsk (GLAXF) Operating Expenses (2009 - 2026) Analysis & Trends

Gsk's Operating Expenses history runs 18 years deep, the most recent figure standing at -$5.1 billion for Q1 2026.

  • In Q1 2026, Operating Expenses fell 15.5% year-over-year to -$5.1 billion; the TTM figure through Mar 2026 stood at -$38.1 billion (up 1.35% YoY), while the FY2025 annual figure was $21.9 billion, down 1.61% from the prior year.
  • Operating Expenses was -$5.1 billion for Q1 2026 at Gsk, up from -$22.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$3.9 billion in Q1 2022 to a low of -$22.4 billion in Q4 2024.
  • Historically, Operating Expenses has averaged -$8.4 billion across 5 years, with a median of -$5.0 billion in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses slumped 42.79% in 2022, then increased 22.43% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$16.3 billion in 2022, then declined by 19.16% to -$19.4 billion in 2023, then declined by 15.39% to -$22.4 billion in 2024, then gained by 1.14% to -$22.1 billion in 2025, then jumped by 76.75% to -$5.1 billion in 2026.
  • The last three Operating Expenses figures came in at -$5.1 billion (Q1 2026), -$22.1 billion (Q4 2025), and -$5.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn -5.14 Bn
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 6.72 Bn
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 9.59 Bn
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn 11.01 Bn
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn 19.82 Bn
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 5.95 Bn
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 4.37 Bn
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 5.50 Bn
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 8.25 Bn
10 Gsk - - 7.76 Bn -5.14 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.14 Bn
Dec 31, 2025 -22.10 Bn
Sep 30, 2025 -5.30 Bn
Jun 30, 2025 -5.55 Bn
Mar 31, 2025 -4.45 Bn
Dec 31, 2024 -22.35 Bn
Sep 30, 2024 -6.83 Bn
Jun 30, 2024 -4.98 Bn
Mar 31, 2024 -4.47 Bn
Dec 31, 2023 -19.37 Bn
Sep 30, 2023 -4.90 Bn
Jun 30, 2023 -4.52 Bn
Mar 31, 2023 -4.14 Bn
Dec 31, 2022 -16.26 Bn
Sep 30, 2022 -4.01 Bn
Jun 30, 2022 -4.17 Bn
Mar 31, 2022 -3.91 Bn
Dec 31, 2021 -11.39 Bn
Sep 30, 2021 -4.27 Bn
Jun 30, 2021 -3.99 Bn