Pfizer (PFE) Accumulated Expenses (2009 - 2026)
Pfizer (PFE) posted quarterly Accumulated Expenses of $2.7 billion for Q1 2026, up 4.14% YoY from $2.6 billion in Q1 2025, and down 24.79% sequentially from $3.6 billion in Q4 2025.
Pfizer (PFE) Accumulated Expenses (2009 - 2026) Analysis & Trends
Pfizer has disclosed Accumulated Expenses across 18 years of filings, most recently posting $2.7 billion for Q1 2026.
- In Q1 2026, Accumulated Expenses rose 4.14% year-over-year to $2.7 billion; the TTM figure through Mar 2026 stood at $2.7 billion (up 4.14% YoY), while the FY2025 annual figure was $3.6 billion, down 5.94% from the prior year.
- Accumulated Expenses fell to $2.7 billion in Q1 2026, from $3.6 billion in the prior quarter.
- Over the last five years, Accumulated Expenses for PFE reached as high as $3.8 billion in Q4 2024 and fell as low as $2.0 billion in Q3 2023.
- The 5-year median for Accumulated Expenses is $2.6 billion (2025), against an average of $2.7 billion.
- Annual changes were most pronounced in 2023 — Accumulated Expenses retreated 18.52% — and 2024, when it surged 42.62%.
- A 5-year view of Accumulated Expenses shows it stood at $3.4 billion in 2022, then slipped by 18.52% to $2.8 billion in 2023, then surged by 38.26% to $3.8 billion in 2024, then declined by 5.94% to $3.6 billion in 2025, then declined by 24.79% to $2.7 billion in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $2.7 billion, $3.6 billion, and $3.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 2.72 Bn |
| Dec 31, 2025 | 3.61 Bn |
| Sep 28, 2025 | 3.04 Bn |
| Jun 29, 2025 | 2.45 Bn |
| Mar 30, 2025 | 2.61 Bn |
| Dec 31, 2024 | 3.84 Bn |
| Sep 29, 2024 | 3.38 Bn |
| Jun 30, 2024 | 2.57 Bn |
| Mar 31, 2024 | 2.19 Bn |
| Dec 31, 2023 | 2.78 Bn |
| Jul 2, 2023 | 1.97 Bn |
| Apr 2, 2023 | 2.28 Bn |
| Dec 31, 2022 | 3.41 Bn |
| Jul 3, 2022 | 2.00 Bn |
| Apr 3, 2022 | 2.25 Bn |
| Dec 31, 2021 | 3.33 Bn |
| Oct 3, 2021 | 2.57 Bn |
| Jul 4, 2021 | 2.02 Bn |
| Apr 4, 2021 | 1.99 Bn |
| Dec 31, 2020 | 3.05 Bn |