Sanofi (SNY) Operating Expenses (2009 - 2026)
Sanofi's (SNY) quarterly Operating Expenses came in at -$4.8 billion in Q1 2026, down 12.52% year-on-year from -$5.5 billion in Q1 2025, and up 76.43% quarter-over-quarter from -$20.2 billion in Q4 2025.
Sanofi (SNY) Operating Expenses (2009 - 2026) Analysis & Trends
Sanofi has disclosed Operating Expenses across 18 years of filings, most recently posting -$4.8 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$4.8 billion, down 12.52% year-over-year; the trailing twelve-month figure through Mar 2026 was -$44.2 billion (down 44.7% YoY), and the FY2025 annual result was $21.6 billion, up 12.27% from the prior year.
- Operating Expenses came in at -$4.8 billion for Q1 2026 at Sanofi, up from -$20.2 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$4.1 billion in Q1 2024 to a low of -$20.2 billion in Q4 2025.
- The 5-year median for Operating Expenses is -$4.6 billion (2023), against an average of -$8.2 billion.
- Across the five-year window, Operating Expenses grew 9.29% in 2024 and plunged 225.84% in 2025, its largest moves.
- Sanofi's Operating Expenses stood at -$17.5 billion in 2022, then advanced by 5.32% to -$16.6 billion in 2023, then dropped by 6.63% to -$17.7 billion in 2024, then fell by 14.24% to -$20.2 billion in 2025, then soared by 76.43% to -$4.8 billion in 2026.
- The last three Operating Expenses figures came in at -$4.8 billion (Q1 2026), -$20.2 billion (Q4 2025), and -$14.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | -5.14 Bn |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 6.72 Bn |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 9.59 Bn |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | 11.01 Bn |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | 19.82 Bn |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 5.95 Bn |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 4.37 Bn |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | 5.50 Bn |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 8.25 Bn |
| 10 | Sanofi | 63.47 Mn | -6.87 Bn | 9.49 Bn | -4.77 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -17.55 Bn |
| Sep 30, 2022 | -4.42 Bn |
| Jun 30, 2022 | -4.52 Bn |
| Mar 31, 2022 | -4.34 Bn |
| Dec 31, 2021 | -9.67 Bn |
| Sep 30, 2021 | -4.38 Bn |
| Jun 30, 2021 | -4.50 Bn |