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| Date | Value |
|---|---|
| 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 |