Johnson & Johnson (JNJ) Cost of Revenue (2009 - 2026)
Johnson & Johnson's (JNJ) quarterly Cost of Revenue came in at $8.1 billion in Q2 2026, up 5.55% year-over-year from $7.6 billion in Q2 2025, and down 0.68% quarter-over-quarter from $8.1 billion in Q1 2026.
Analysis
Johnson & Johnson (JNJ) Cost of Revenue (2009 - 2026) Analysis & Trends
Johnson & Johnson has disclosed Cost of Revenue across 18 years of filings, most recently posting $8.1 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 5.55% year-over-year to $8.1 billion; the TTM figure through Jun 2026 stood at $31.4 billion (up 8.09% YoY), while the FY2025 annual figure was $30.3 billion, up 10.14% from the prior year.
- Cost of Revenue came in at $8.1 billion for Q2 2026 at Johnson & Johnson, down from $8.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $8.1 billion in Q1 2026 to a low of $2.7 billion in Q1 2023.
- Average Cost of Revenue over 5 years is $6.9 billion, with a median of $7.0 billion recorded in 2024.
- The largest YoY upside for Cost of Revenue was 152.15% in 2023 against a maximum downside of 18.4% in 2023.
- Over 5 years, Cost of Revenue stood at $6.2 billion in 2022, then increased by 10.14% to $6.8 billion in 2023, then grew by 4.85% to $7.1 billion in 2024, then increased by 11.78% to $8.0 billion in 2025, then gained by 1.04% to $8.1 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $8.1 billion in Q2 2026, $8.1 billion in Q1 2026, and $8.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 8.05 Bn |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 4.29 Bn |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | 4.40 Bn |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | 3.71 Bn |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 4.09 Bn |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | 3.51 Bn |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | - |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 104.96 Mn |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 99.50 Mn |
| 10 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 23.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 8.05 Bn |
| Mar 29, 2026 | 8.11 Bn |
| Dec 28, 2025 | 7.97 Bn |
| Sep 28, 2025 | 7.30 Bn |
| Jun 29, 2025 | 7.63 Bn |
| Mar 30, 2025 | 7.36 Bn |
| Dec 29, 2024 | 7.13 Bn |
| Sep 29, 2024 | 6.96 Bn |
| Jun 30, 2024 | 6.87 Bn |
| Mar 31, 2024 | 6.51 Bn |
| Dec 31, 2023 | 6.80 Bn |
| Oct 1, 2023 | 6.61 Bn |
| Jul 2, 2023 | 6.46 Bn |
| Apr 2, 2023 | 6.69 Bn |
| Jan 1, 2023 | 2.70 Bn |
| Oct 2, 2022 | 6.17 Bn |
| Jul 3, 2022 | 7.92 Bn |
| Apr 3, 2022 | 7.60 Bn |
| Oct 3, 2021 | 7.25 Bn |
| Jul 4, 2021 | 7.59 Bn |