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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |