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Eli Lilly (LLY) Operating Expenses (2016 - 2025)

Eli Lilly's Operating Expenses history spans 17 years, with the latest figure at $7.0 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 21.15% year-over-year to $7.0 billion; the TTM value through Dec 2025 reached $24.9 billion, up 21.86%, while the annual FY2025 figure was $24.9 billion, 21.86% up from the prior year.
  • Operating Expenses reached $7.0 billion in Q4 2025 per LLY's latest filing, up from $6.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $7.0 billion in Q4 2025 to a low of $3.2 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $4.5 billion, with a median of $4.2 billion recorded in 2023.
  • Peak YoY movement for Operating Expenses: decreased 8.43% in 2022, then soared 33.69% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $3.6 billion in 2021, then increased by 2.29% to $3.7 billion in 2022, then increased by 23.89% to $4.6 billion in 2023, then grew by 27.13% to $5.8 billion in 2024, then increased by 21.15% to $7.0 billion in 2025.
  • Per Business Quant, the three most recent readings for LLY's Operating Expenses are $7.0 billion (Q4 2025), $6.6 billion (Q3 2025), and $6.1 billion (Q2 2025).