Johnson & Johnson (JNJ) Operating Expenses (2009 - 2026)
Johnson & Johnson recorded quarterly Operating Expenses of $9.6 billion in Q1 2026, up 376.69% quarter-over-quarter from -$3.5 billion in Q4 2025, and up 14.83% year-over-year from $8.4 billion in Q1 2025.
Johnson & Johnson's Operating Expenses history runs 18 years deep, the most recent figure standing at $9.6 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 14.83% year-over-year to $9.6 billion; the TTM figure through Mar 2026 stood at $25.3 billion (down 36.43% YoY), while the FY2025 annual figure was $24.0 billion, down 40.47% from the prior year.
- Operating Expenses came in at $9.6 billion for Q1 2026 at Johnson & Johnson, up from -$3.5 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $11.8 billion in Q4 2024 to a low of -$10.6 billion in Q1 2022.
- A 5-year average of $6.6 billion and a median of $9.1 billion in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slumped 261.96% in 2022 and jumped 377.09% in 2024, its largest moves.
- Johnson & Johnson's Operating Expenses stood at $8.5 billion in 2022, then tumbled by 149.92% to -$4.3 billion in 2023, then soared by 377.09% to $11.8 billion in 2024, then plunged by 129.4% to -$3.5 billion in 2025, then soared by 376.69% to $9.6 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $9.6 billion, -$3.5 billion, and $9.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - | - |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn | 6.72 Bn |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn | 9.59 Bn |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn | 11.01 Bn |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn | 19.82 Bn |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn | 5.95 Bn |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn | 4.37 Bn |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn | 5.50 Bn |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn | 8.25 Bn |
| 10 | Gsk | 88.34 Bn | 83.66 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 |
| Apr 4, 2021 | 8.66 Bn |
| Jan 3, 2021 | 6.52 Bn |
| Sep 27, 2020 | 8.34 Bn |
| Jun 28, 2020 | 7.76 Bn |
| Mar 29, 2020 | 7.84 Bn |
| Dec 29, 2019 | 9.52 Bn |
| Sep 29, 2019 | 8.04 Bn |
| Jun 30, 2019 | 8.27 Bn |
| Mar 31, 2019 | 8.11 Bn |
| Dec 30, 2018 | 9.44 Bn |
| Sep 30, 2018 | 8.24 Bn |
| Jul 1, 2018 | 8.56 Bn |
| Apr 1, 2018 | 7.77 Bn |
| Dec 31, 2017 | 9.97 Bn |
| Oct 1, 2017 | 8.20 Bn |
| Jul 2, 2017 | 7.71 Bn |
| Apr 2, 2017 | 6.99 Bn |
| Jan 1, 2017 | 8.01 Bn |
| Oct 2, 2016 | 7.06 Bn |
| Jul 3, 2016 | 7.58 Bn |
| Apr 3, 2016 | 6.84 Bn |
| Jan 3, 2016 | 590.00 Mn |
| Sep 27, 2015 | 7.24 Bn |
| Jun 28, 2015 | 7.51 Bn |
| Mar 29, 2015 | 6.75 Bn |
| Dec 28, 2014 | 8.46 Bn |
| Sep 28, 2014 | 7.49 Bn |
| Jun 29, 2014 | 7.49 Bn |
| Mar 30, 2014 | 7.01 Bn |
| Dec 29, 2013 | 8.33 Bn |
| Sep 29, 2013 | 7.36 Bn |
| Jun 30, 2013 | 7.32 Bn |
| Mar 31, 2013 | 7.01 Bn |
| Dec 30, 2012 | 7.40 Bn |
| Sep 30, 2012 | 7.15 Bn |
| Jul 1, 2012 | 6.73 Bn |
| Apr 1, 2012 | 6.66 Bn |
| Jan 1, 2012 | 9.41 Bn |
| Oct 2, 2011 | 7.01 Bn |
| Jul 3, 2011 | 7.69 Bn |
| Apr 3, 2011 | 6.79 Bn |
| Oct 3, 2010 | 6.37 Bn |
| Jul 4, 2010 | 6.40 Bn |
| Apr 4, 2010 | 6.34 Bn |
| Jan 3, 2010 | 9.04 Bn |
| Sep 27, 2009 | 6.38 Bn |
| Jun 28, 2009 | 6.44 Bn |
| Mar 29, 2009 | 6.13 Bn |