Sanofi SNY
NASDAQ SNY
$42.48 -0.66 (-1.53%)
At close: Sep 18, 2026 · 4:00 PM EDT

Sanofi (SNY) Operating Expenses (2009 - 2026)

Sanofi's (SNY) quarterly Operating Expenses came in at -$6.0 billion in Q2 2026, down 16.87% year-over-year from -$7.2 billion in Q2 2025, and down 16.26% quarter-over-quarter from -$5.1 billion in Q1 2026.

Analysis

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

Sanofi has disclosed Operating Expenses across 18 years of filings, most recently posting -$6.0 billion for Q2 2026.

  • In Q2 2026, Operating Expenses fell 16.87% year-over-year to -$6.0 billion; the TTM figure through Jun 2026 stood at -$47.8 billion (down 42.96% YoY), while the FY2025 annual figure was $18.9 billion, up 197.22% from the prior year.
  • Operating Expenses came in at -$6.0 billion for Q2 2026 at Sanofi, down from -$5.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$4.5 billion in Q1 2025 to a low of -$21.6 billion in Q4 2025.
  • Average Operating Expenses over 5 years is -$8.6 billion, with a median of -$5.0 billion recorded in 2025.
  • Year-over-year, Operating Expenses climbed 10.27% in 2022 and sank 229.95% in 2025.
  • Over 5 years, Operating Expenses stood at -$16.7 billion in 2022, then retreated by 5.87% to -$17.7 billion in 2023, then slipped by 8.38% to -$19.2 billion in 2024, then declined by 12.27% to -$21.6 billion in 2025, then jumped by 72.28% to -$6.0 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$6.0 billion in Q2 2026, -$5.1 billion in Q1 2026, and -$21.6 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Johnson & Johnson 650.65 Bn 629.89 Bn 17.26 Bn 10.12 Bn
2 AbbVie 466.34 Bn 459.82 Bn 12.70 Bn 10.56 Bn
3 Merck 362.11 Bn 355.02 Bn 12.21 Bn 12.80 Bn
4 Novartis Ag 267.81 Bn 260.52 Bn 11.24 Bn -6.09 Bn
5 Pfizer 157.31 Bn 145.91 Bn 10.94 Bn 6.68 Bn
6 Bristol Myers Squibb 128.75 Bn 117.69 Bn 9.25 Bn 8.89 Bn
7 Sanofi 51.80 Bn 44.84 Bn 10.79 Bn -5.98 Bn
8 Revolution Medicines 40.91 Bn 40.91 Bn - 505.13 Mn
9 BeOne Medicines 39.65 Bn 34.55 Bn 1.53 Bn 1.21 Bn
10 Incyte 25.18 Bn 20.65 Bn 1.57 Bn 976.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -5.98 Bn
Mar 31, 2026 -5.14 Bn
Dec 31, 2025 -21.56 Bn
Sep 30, 2025 -15.14 Bn
Jun 30, 2025 -5.11 Bn
Mar 31, 2025 -4.54 Bn
Dec 31, 2024 -19.21 Bn
Sep 30, 2024 -4.59 Bn
Jun 30, 2024 -4.63 Bn
Mar 31, 2024 -4.77 Bn
Dec 31, 2023 -17.72 Bn
Sep 30, 2023 -4.90 Bn
Jun 30, 2023 -4.91 Bn
Mar 31, 2023 -4.83 Bn
Dec 31, 2022 -16.74 Bn
Sep 30, 2022 -4.79 Bn
Jun 30, 2022 -5.17 Bn
Mar 31, 2022 -4.75 Bn
Dec 31, 2021 -18.65 Bn
Sep 30, 2021 -4.58 Bn