Pfizer (PFE) Cost of Revenue (2009 - 2026)
Pfizer's (PFE) quarterly Cost of Revenue came in at $4.1 billion in Q2 2026, up 8.31% year-over-year from $3.8 billion in Q2 2025, and up 15.33% quarter-over-quarter from $3.5 billion in Q1 2026.
Analysis
Pfizer (PFE) Cost of Revenue (2009 - 2026) Analysis & Trends
Pfizer (PFE) has reported Cost of Revenue for 18 consecutive years, with $4.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 8.31% year-over-year to $4.1 billion in Q2 2026; TTM through Jun 2026 was $17.1 billion, a 21.87% decrease from a year earlier, with the FY2025 full-year figure at $16.1 billion, down 9.99% from the prior year.
- Cost of Revenue was $4.1 billion for Q2 2026 at Pfizer, up from $3.5 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $11.9 billion in Q3 2024 and troughed at $2.8 billion in Q1 2025.
- A 5-year average of $5.5 billion and a median of $4.1 billion in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 140.17% in 2022 and sank 65.06% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $8.6 billion in 2022, then retreated by 12.55% to $7.6 billion in 2023, then jumped by 57.9% to $11.9 billion in 2024, then tumbled by 55.85% to $5.3 billion in 2025, then declined by 22.38% to $4.1 billion in 2026.
- The last three Cost of Revenue figures came in at $4.1 billion (Q2 2026), $3.5 billion (Q1 2026), and $5.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 8.05 Bn |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 4.29 Bn |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | 4.40 Bn |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | 3.71 Bn |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 4.09 Bn |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | 3.51 Bn |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | - |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 104.96 Mn |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 99.50 Mn |
| 10 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 23.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 4.09 Bn |
| Mar 29, 2026 | 3.55 Bn |
| Dec 31, 2025 | 5.27 Bn |
| Sep 28, 2025 | 4.17 Bn |
| Jun 29, 2025 | 3.78 Bn |
| Mar 30, 2025 | 2.85 Bn |
| Sep 29, 2024 | 11.94 Bn |
| Jun 30, 2024 | 3.30 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Dec 31, 2023 | 7.56 Bn |
| Jul 2, 2023 | 3.24 Bn |
| Apr 2, 2023 | 4.89 Bn |
| Jul 3, 2022 | 8.65 Bn |
| Apr 3, 2022 | 9.98 Bn |
| Oct 3, 2021 | 21.09 Bn |
| Jul 4, 2021 | 7.00 Bn |
| Apr 4, 2021 | 4.16 Bn |
| Sep 27, 2020 | 5.77 Bn |
| Jun 28, 2020 | 1.83 Bn |
| Mar 29, 2020 | 1.94 Bn |