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
DateValue
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