Kenvue (KVUE) Operating Expenses (2022 - 2026)
Kenvue (KVUE) recorded Operating Expenses of $1.6 billion in Q2 2026, up 2.0% from $1.56 billion a year earlier and up 4.7% from the prior quarter.
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Analysis
Kenvue (KVUE) Operating Expenses (2022 - 2026) Analysis & Trends
On a TTM basis, Kenvue's Operating Expenses came in at $6.34 billion as of Jun 28, 2026, down 0.5% year-over-year; for FY2025, it came in at $6.38 billion, down 2.1% from FY2024.
- Annual Operating Expenses has a three-year compound annual growth rate of 4.2% (FY2022 to FY2025).
- Across earlier years, Operating Expenses came in at $6.51 billion in FY2024 (+6.1%), $6.14 billion in FY2023 (+9.0%) and $5.63 billion in FY2022.
- Quarterly Operating Expenses has ranged from $1.5 billion in Q1 2023 to $1.69 billion in Q2 2024 over the past five years.
- On a year-over-year basis, Operating Expenses rose in four of the last eight quarters, with an average decline of 0.6%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 11.0% in Q2 2024, against a decline of 7.4% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.52 billion (Q1 2026), $1.62 billion (Q4 2025) and $1.6 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 6.33 Bn |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 2.13 Bn |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 1.60 Bn |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | 2.78 Bn |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | - |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 252.20 Mn |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 330.00 Mn |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 280.32 Mn |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 107.00 Mn |
| 10 | Interparfums | 3.55 Bn | 3.36 Bn | 223.53 Mn | 174.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 1.60 Bn |
| Mar 29, 2026 | 1.52 Bn |
| Dec 28, 2025 | 1.62 Bn |
| Sep 28, 2025 | 1.60 Bn |
| Jun 29, 2025 | 1.56 Bn |
| Mar 30, 2025 | 1.60 Bn |
| Dec 29, 2024 | 1.59 Bn |
| Sep 29, 2024 | 1.62 Bn |
| Jun 30, 2024 | 1.69 Bn |
| Mar 31, 2024 | 1.61 Bn |
| Dec 31, 2023 | 1.59 Bn |
| Oct 1, 2023 | 1.53 Bn |
| Jul 2, 2023 | 1.52 Bn |
| Apr 2, 2023 | 1.50 Bn |
| Oct 2, 2022 | 1.38 Bn |
| Jul 3, 2022 | 1.38 Bn |
| Apr 3, 2022 | 1.35 Bn |
API Access
Kenvue Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=KVUE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KVUE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=KVUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();