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) Capital Expenditures (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn -297.95 Mn
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 2.33 Bn
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 1.05 Bn
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn 265.00 Mn
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn 991.00 Mn
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 712.00 Mn
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 117.00 Mn
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 436.00 Mn
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 347.00 Mn
10 Novartis Ag 109.78 Bn 109.09 Bn - -346.00 Mn

Historic Data

Download Data
DateValue
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