Pfizer (PFE) Cost of Revenue (2009 - 2026)
Pfizer (PFE) posted quarterly Cost of Revenue of $3.5 billion for Q1 2026, up 24.71% YoY from $2.8 billion in Q1 2025, and down 32.7% sequentially from $5.3 billion in Q4 2025.
Pfizer (PFE) Cost of Revenue (2009 - 2026) Analysis & Trends
Pfizer has disclosed Cost of Revenue across 18 years of filings, most recently posting $3.5 billion for Q1 2026.
- In Q1 2026, Cost of Revenue rose 24.71% year-over-year to $3.5 billion; the TTM figure through Mar 2026 stood at $16.8 billion (up 13.41% YoY), while the FY2025 annual figure was $16.1 billion, down 9.99% from the prior year.
- Cost of Revenue declined to $3.5 billion in Q1 2026, from $5.3 billion in the prior quarter.
- Over the last five years, Cost of Revenue for PFE reached as high as $10.0 billion in Q2 2022 and fell as low as $2.8 billion in Q1 2025.
- The 5-year median for Cost of Revenue is $4.9 billion (2023), against an average of $5.4 billion.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 140.17% — and 2023, when it tumbled 62.57%.
- A 5-year view of Cost of Revenue shows it stood at $6.1 billion in 2022, then grew by 24.74% to $7.6 billion in 2023, then tumbled by 30.41% to $5.3 billion in 2024, then advanced by 0.17% to $5.3 billion in 2025, then slumped by 32.7% to $3.5 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $3.5 billion, $5.3 billion, and $4.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 3.58 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 8.11 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 4.22 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 2.68 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 4.20 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 2.74 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 1.45 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 3.55 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 661.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 3.55 Bn |
| Mar 29, 2026 | 3.55 Bn |
| Dec 31, 2025 | 5.27 Bn |
| Dec 31, 2025 | 5.27 Bn |
| Sep 28, 2025 | 4.17 Bn |
| Sep 28, 2025 | 4.17 Bn |
| Jun 29, 2025 | 3.78 Bn |
| Jun 29, 2025 | 3.78 Bn |
| Mar 30, 2025 | 2.85 Bn |
| Mar 30, 2025 | 2.85 Bn |
| Sep 29, 2024 | 5.26 Bn |
| Sep 29, 2024 | 5.26 Bn |
| Jun 30, 2024 | 3.30 Bn |
| Jun 30, 2024 | 3.30 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Dec 31, 2023 | 7.56 Bn |
| Dec 31, 2023 | 7.56 Bn |
| Jul 2, 2023 | 3.24 Bn |
| Jul 2, 2023 | 3.24 Bn |