Johnson & Johnson (JNJ) Operating Expenses (2009 - 2026)
Johnson & Johnson (JNJ) posted Operating Expenses of $9.6 billion for Q1 2026, up 376.69% sequentially from -$3.5 billion in Q4 2025, and up 14.83% YoY from $8.4 billion in Q1 2025.
Johnson & Johnson (JNJ) Operating Expenses (2009 - 2026) Analysis & Trends
Johnson & Johnson (JNJ) has 18 years of Operating Expenses data on file, last reported at $9.6 billion in Q1 2026.
- Quarterly Operating Expenses rose 14.83% year-over-year to $9.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.3 billion (down 36.43% YoY) and the FY2025 annual result came in at $24.0 billion, down 40.47% from the prior year.
- Operating Expenses advanced to $9.6 billion in Q1 2026 per JNJ's latest filing, from -$3.5 billion in the prior quarter.
- The five-year high for Operating Expenses was $11.8 billion in Q4 2024, with the low at -$10.6 billion in Q1 2022.
- Average Operating Expenses over 5 years is $6.6 billion, with a median of $9.1 billion recorded in 2023.
- Year-over-year, Operating Expenses sank 261.96% in 2022 and jumped 377.09% in 2024.
- Johnson & Johnson's Operating Expenses stood at $8.5 billion in 2022, then sank by 149.92% to -$4.3 billion in 2023, then surged by 377.09% to $11.8 billion in 2024, then slumped by 129.4% to -$3.5 billion in 2025, then surged by 376.69% to $9.6 billion in 2026.
- Business Quant data shows JNJ's Operating Expenses at $9.6 billion in Q1 2026, -$3.5 billion in Q4 2025, and $9.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 6.72 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 9.59 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 11.01 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | -8.41 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 19.82 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 5.95 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 4.37 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 5.50 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 2.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 9.59 Bn |
| Dec 28, 2025 | -3.47 Bn |
| Sep 28, 2025 | 9.66 Bn |
| Jun 29, 2025 | 9.47 Bn |
| Mar 30, 2025 | 8.35 Bn |
| Dec 29, 2024 | 11.79 Bn |
| Sep 29, 2024 | 10.47 Bn |
| Jun 30, 2024 | 9.11 Bn |
| Mar 31, 2024 | 8.96 Bn |
| Dec 31, 2023 | -4.26 Bn |
| Oct 1, 2023 | 9.01 Bn |
| Jul 2, 2023 | 9.24 Bn |
| Apr 2, 2023 | 8.49 Bn |
| Jan 1, 2023 | 4.25 Bn |
| Oct 2, 2022 | 8.53 Bn |
| Jul 3, 2022 | 10.01 Bn |
| Apr 3, 2022 | 9.47 Bn |
| Jan 2, 2022 | -10.56 Bn |
| Oct 3, 2021 | 9.48 Bn |
| Jul 4, 2021 | 9.52 Bn |