Haleon (HLN) Operating Expenses (2021 - 2023)

Haleon (HLN) posted Operating Expenses of -$4.4 billion for Q4 2023, down 193.81% on a QoQ basis from -$1.5 billion in Q2 2023, and down 61.95% year-over-year from -$11.5 billion in Q4 2022.

Haleon (HLN) Operating Expenses (2021 - 2023) Analysis & Trends

Haleon's Operating Expenses history runs 3 years deep, the most recent figure standing at -$4.4 billion for Q4 2023.

  • Quarterly Operating Expenses fell 61.95% year-over-year to -$4.4 billion in Q4 2023, while the trailing twelve-month figure through Dec 2025 was -$4.4 billion (up 25.39% YoY) and the FY2025 annual result came in at $6.2 billion, down 5.79% from the prior year.
  • Operating Expenses was -$4.4 billion for Q4 2023 at Haleon, down from -$1.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at -$1.5 billion in Q2 2023 and bottomed at -$4.4 billion in Q4 2023.
  • A 3-year average of -$2.9 billion and a median of -$2.8 billion in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 36.33% — and 2023, when it tumbled 61.95%.
  • Haleon's Operating Expenses stood at -$4.3 billion in 2021, then surged by 36.33% to -$2.7 billion in 2022, then tumbled by 61.95% to -$4.4 billion in 2023.
  • Business Quant data shows HLN's Operating Expenses at -$4.4 billion in Q4 2023, -$1.5 billion in Q2 2023, and -$1.5 billion in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 455.70 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 494.00 Mn
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn 50.30 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 -4.39 Bn
Jun 30, 2023 -1.49 Bn
May 3, 2023 -1.48 Bn
Dec 31, 2022 -2.71 Bn
Sep 20, 2022 -2.85 Bn
Dec 31, 2021 -4.26 Bn