Sanofi SNY
NASDAQ SNY
$46.00 +0.85 (+1.88%)
As of: Aug 21, 2026 · 1:10 PM EDT

Sanofi (SNY) Operating Expenses (2009 - 2026)

Sanofi (SNY) posted Operating Expenses of -$5.5 billion for Q2 2026, down 14.49% sequentially from -$4.8 billion in Q1 2026, and down 15.05% YoY from -$6.4 billion in Q2 2025.

Sanofi (SNY) Operating Expenses (2009 - 2026) Analysis & Trends

Sanofi has reported Operating Expenses for 18 years, with the latest figure at -$5.5 billion in Q2 2026.

  • Quarterly Operating Expenses fell 15.05% year-over-year to -$5.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$44.9 billion (down 44.24% YoY) and the FY2025 annual result came in at $21.6 billion, up 12.27% from the prior year.
  • Operating Expenses eased to -$5.5 billion in Q2 2026 per SNY's latest filing, from -$4.8 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at -$4.1 billion in Q1 2024 and troughed at -$20.2 billion in Q4 2025.
  • A 5-year average of -$8.0 billion and a median of -$4.6 billion in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses rose 9.29% in 2024, then plunged 225.84% in 2025.
  • Over 5 years, Operating Expenses stood at -$15.7 billion in 2022, then declined by 5.9% to -$16.6 billion in 2023, then fell by 6.63% to -$17.7 billion in 2024, then decreased by 14.24% to -$20.2 billion in 2025, then jumped by 73.02% to -$5.5 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$5.5 billion, -$4.8 billion, and -$20.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Johnson & Johnson 652.29 Bn 631.53 Bn 17.26 Bn 10.12 Bn
2 AbbVie 470.62 Bn 464.06 Bn 12.70 Bn 10.56 Bn
3 Merck 375.66 Bn 368.52 Bn 12.21 Bn 12.80 Bn
4 Novartis Ag 302.90 Bn 295.21 Bn 11.24 Bn 6.09 Bn
5 Astrazeneca 257.50 Bn 252.60 Bn 12.86 Bn 9.70 Bn
6 Amgen 237.19 Bn 223.20 Bn 7.24 Bn 6.54 Bn
7 Gilead Sciences 182.92 Bn 179.74 Bn 6.22 Bn 18.20 Bn
8 Pfizer 160.14 Bn 148.44 Bn 10.94 Bn 6.68 Bn
9 Gsk 106.08 Bn 101.91 Bn 8.24 Bn -7.60 Bn
10 Sanofi 55.22 Bn 47.84 Bn 10.79 Bn -5.98 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 -5.46 Bn
Mar 31, 2026 -4.77 Bn
Dec 31, 2025 -20.24 Bn
Sep 30, 2025 -14.44 Bn
Jun 30, 2025 -4.75 Bn
Mar 31, 2025 -4.24 Bn
Dec 31, 2024 -17.71 Bn
Sep 30, 2024 -4.43 Bn
Jun 30, 2024 -4.15 Bn
Mar 31, 2024 -4.11 Bn
Dec 31, 2023 -16.61 Bn
Sep 30, 2023 -4.62 Bn
Jun 30, 2023 -4.58 Bn
Mar 31, 2023 -4.48 Bn
Dec 31, 2022 -15.69 Bn
Sep 30, 2022 -4.42 Bn
Jun 30, 2022 -4.52 Bn
Mar 31, 2022 -4.34 Bn
Dec 31, 2021 -12.47 Bn
Sep 30, 2021 -4.38 Bn