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
DateValue
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