Kenvue (KVUE) Operating Expenses (2022 - 2026)
Kenvue (KVUE) posted quarterly Operating Expenses of $1.5 billion for Q1 2026, down 4.57% year-over-year from $1.6 billion in Q1 2025, and down 5.98% quarter-over-quarter from $1.6 billion in Q4 2025.
Kenvue (KVUE) Operating Expenses (2022 - 2026) Analysis & Trends
Kenvue (KVUE) has reported Operating Expenses for 5 consecutive years, with $1.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 4.57% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $6.3 billion (down 2.96% YoY), while the FY2025 annual figure was $6.4 billion, down 2.09% from the prior year.
- Operating Expenses declined to $1.5 billion in Q1 2026 per KVUE's latest filing, from $1.6 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.7 billion in Q2 2024 and bottomed at $1.4 billion in Q2 2022.
- Historically, Operating Expenses has averaged $1.5 billion across 5 years, with a median of $1.6 billion in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses climbed 11.26% — and 2025, when it slipped 7.4%.
- Kenvue's Operating Expenses stood at $1.4 billion in 2022, then climbed by 15.26% to $1.6 billion in 2023, then climbed by 0.25% to $1.6 billion in 2024, then advanced by 1.95% to $1.6 billion in 2025, then dropped by 5.98% to $1.5 billion in 2026.
- Business Quant data shows KVUE's Operating Expenses at $1.5 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.6 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 6.33 Bn |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 2.13 Bn |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 1.60 Bn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 2.59 Bn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 252.20 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 330.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -155.01 Mn |
| 10 | e.l.f. Beauty | 5.48 Bn | 5.13 Bn | 398.84 Mn | 280.32 Mn |
Historic Data
Download 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 |