Pfizer (PFE) Restructuring Costs (2009 - 2026)
Pfizer (PFE) reported Restructuring Costs of $791 million for Q3 2026, up 176.6% from $286 million a year earlier and up 73.1% from the prior quarter.
Pfizer (PFE) Restructuring Costs (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 27, 2026, Pfizer's Restructuring Costs came in at $1.95 billion, up 19.1% year-over-year; for FY2025, it came in at $1.55 billion, down 35.9% from FY2024.
- Restructuring Costs has a five-year compound annual growth rate of 21.8% (FY2020 to FY2025).
- By year, Restructuring Costs came in at $2.42 billion in FY2024 (-17.8%), $2.94 billion in FY2023 (+114.0%), $1.38 billion in FY2022 (+71.4%) and $802 million in FY2021 (+38.5%).
- The Q3 2026 figure ranks as the highest quarterly Restructuring Costs since Q2 2024.
- Year over year, Restructuring Costs gained in two of the last six quarters, with growth averaging 92.9%.
- The high point for year-over-year Restructuring Costs in five years was Q1 2022 (growth of 772.7%); the low point was Q1 2026 (a decline of 85.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $457 million (Q2 2026), $100 million (Q1 2026) and $605 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn |
| 10 | Vertex Pharmaceuticals | 139.96 Bn | 111.95 Bn | 2.91 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 791.00 Mn |
| 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 |
| Dec 31, 2024 | 750.00 Mn |
| Sep 29, 2024 | 313.00 Mn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 102.00 Mn |
| Dec 31, 2023 | 2.57 Bn |
| Oct 1, 2023 | 155.00 Mn |
| Jul 2, 2023 | 214.00 Mn |
| Apr 2, 2023 | -44.00 Mn |
| Dec 31, 2022 | 795.00 Mn |
| Oct 2, 2022 | 199.00 Mn |
| Jul 3, 2022 | 189.00 Mn |
| Apr 3, 2022 | 192.00 Mn |
| Dec 31, 2021 | 135.00 Mn |
Pfizer Restructuring Costs API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=restructuring-costs&ticker=PFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "ticker": "PFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=restructuring-costs&ticker=PFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();