Pfizer (PFE) Capital Expenditures (2009 - 2026)
Pfizer (PFE) reported Capital Expenditures of $436.0 million for Q1 2026, down 22.7% year-over-year from $564.0 million in Q1 2025, and down 48.4% quarter-over-quarter from $845.0 million in Q4 2025.
Pfizer (PFE) Capital Expenditures (2009 - 2026) Analysis & Trends
Pfizer (PFE) has 18 years of Capital Expenditures data on file, last reported at $436.0 million in Q1 2026.
- Capital Expenditures for Q1 2026 came in at $436.0 million, down 22.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.5 billion (down 35.82% YoY), and the FY2025 annual result was $2.6 billion, down 9.63% from the prior year.
- Capital Expenditures fell to $436.0 million in Q1 2026 per PFE's latest filing, from $845.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $2.2 billion in Q4 2022 and troughed at $436.0 million in Q1 2026.
- A 5-year average of $928.9 million and a median of $751.0 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2024 and 2025: Capital Expenditures soared 145.93% in 2024, then tumbled 69.78% in 2025.
- A 5-year view of Capital Expenditures shows it stood at $2.2 billion in 2022, then slumped by 53.29% to $1.0 billion in 2023, then surged by 90.8% to $2.0 billion in 2024, then tumbled by 57.58% to $845.0 million in 2025, then tumbled by 48.4% to $436.0 million in 2026.
- Business Quant data shows PFE's Capital Expenditures at $436.0 million in Q1 2026, $845.0 million in Q4 2025, and $602.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -297.95 Mn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 2.33 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 1.05 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 265.00 Mn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 991.00 Mn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 712.00 Mn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 117.00 Mn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 436.00 Mn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 347.00 Mn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | -346.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 436.00 Mn |
| Mar 29, 2026 | 436.00 Mn |
| Dec 31, 2025 | 845.00 Mn |
| Dec 31, 2025 | 845.00 Mn |
| Sep 28, 2025 | 602.00 Mn |
| Sep 28, 2025 | 602.00 Mn |
| Jun 29, 2025 | 618.00 Mn |
| Jun 29, 2025 | 618.00 Mn |
| Mar 30, 2025 | 564.00 Mn |
| Mar 30, 2025 | 564.00 Mn |
| Sep 29, 2024 | 1.99 Bn |
| Sep 29, 2024 | 1.99 Bn |
| Jun 30, 2024 | 637.00 Mn |
| Jun 30, 2024 | 637.00 Mn |
| Mar 31, 2024 | 704.00 Mn |
| Mar 31, 2024 | 704.00 Mn |
| Dec 31, 2023 | 1.04 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Oct 1, 2023 | 810.00 Mn |
| Oct 1, 2023 | 810.00 Mn |