Pfizer PFE
NYSE PFE
$27.78 -0.01 (-0.02%)
At close: Sep 9, 2026 · 4:00 PM EDT

Pfizer (PFE) Restructuring Costs (2009 - 2026)

Pfizer's (PFE) quarterly Restructuring Costs came in at $457.0 million in Q2 2026, up 717.57% year-over-year from $55.9 million in Q2 2025, and up 357.0% quarter-over-quarter from $100.0 million in Q1 2026.

Analysis

Pfizer (PFE) Restructuring Costs (2009 - 2026) Analysis & Trends

Pfizer (PFE) has reported Restructuring Costs for 18 consecutive years, with $457.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Restructuring Costs rose 717.57% year-over-year to $457.0 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 58.95% decrease from a year earlier, with the FY2025 full-year figure at $1.6 billion, down 35.92% from the prior year.
  • Restructuring Costs was $457.0 million for Q2 2026 at Pfizer, up from $100.0 million in the prior quarter.
  • Over five years, Restructuring Costs peaked at $2.6 billion in Q4 2023 and troughed at -$74.0 million in Q2 2025.
  • A 5-year average of $585.3 million and a median of $250.0 million in 2023 frame the typical range for Restructuring Costs.
  • Across the five-year window, Restructuring Costs surged 3880.0% in 2022 and slumped 122.92% in 2023, its largest moves.
  • Over 5 years, Restructuring Costs stood at $189.0 million in 2022, then surged by 1257.67% to $2.6 billion in 2023, then tumbled by 34.96% to $1.7 billion in 2024, then sank by 63.75% to $605.0 million in 2025, then decreased by 24.46% to $457.0 million in 2026.
  • The last three Restructuring Costs figures came in at $457.0 million (Q2 2026), $100.0 million (Q1 2026), and $605.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Johnson & Johnson 643.26 Bn 622.50 Bn 17.26 Bn
2 AbbVie 443.31 Bn 436.74 Bn 12.70 Bn
3 Merck 364.74 Bn 357.60 Bn 12.21 Bn
4 Novartis Ag 266.46 Bn 258.77 Bn 11.24 Bn
5 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn
6 Sanofi 52.33 Bn 44.95 Bn 10.79 Bn
7 Revolution Medicines 43.79 Bn 43.79 Bn -
8 Incyte 25.23 Bn 20.69 Bn 1.57 Bn
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn
10 Neurocrine Biosciences 15.65 Bn 15.26 Bn 935.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 457.00 Mn
Mar 29, 2026 100.00 Mn
Dec 31, 2025 605.00 Mn
Sep 28, 2025 286.00 Mn
Jun 29, 2025 -74.00 Mn
Mar 30, 2025 678.00 Mn
Sep 29, 2024 1.67 Bn
Jun 30, 2024 1.25 Bn
Mar 31, 2024 102.00 Mn
Dec 31, 2023 2.57 Bn
Jul 2, 2023 214.00 Mn
Apr 2, 2023 -44.00 Mn
Jul 3, 2022 189.00 Mn
Apr 3, 2022 192.00 Mn
Oct 3, 2021 667.00 Mn
Jul 4, 2021 -5.00 Mn
Apr 4, 2021 22.00 Mn
Sep 27, 2020 417.00 Mn
Jun 28, 2020 360.00 Mn
Mar 29, 2020 54.00 Mn