Takeda Pharmaceutical TAK
NYSE TAK
$18.25 -0.07 (-0.41%)
As of: Sep 9, 2026 · 1:01 PM EDT

Takeda Pharmaceutical (TAK) Operating Expenses (2017 - 2026)

Takeda Pharmaceutical (TAK) posted Operating Expenses of -$2.8 billion for Q2 2026, down 55.88% on a QoQ basis from -$1.8 billion in Q1 2026, and down 53.58% year-over-year from -$6.1 billion in Q2 2025.

Analysis

Takeda Pharmaceutical (TAK) Operating Expenses (2017 - 2026) Analysis & Trends

Takeda Pharmaceutical has reported Operating Expenses for 10 years, with the latest figure at -$2.8 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 53.58% year-over-year to -$2.8 billion in Q2 2026; TTM through Jun 2026 was -$12.1 billion, a 9.95% decrease from a year earlier, with the FY2026 full-year figure at -$1.8 billion, down 3.07% from the prior year.
  • Operating Expenses was -$2.8 billion for Q2 2026 at Takeda Pharmaceutical, down from -$1.8 billion in the prior quarter.
  • The five-year high for Operating Expenses was -$1.7 billion in Q2 2024, with the low at -$5.5 billion in Q3 2025.
  • Average Operating Expenses over 5 years is -$2.8 billion, with a median of -$1.9 billion recorded in 2022.
  • The largest YoY upside for Operating Expenses was 42.97% in 2022 against a maximum downside of 72.24% in 2022.
  • Over 5 years, Operating Expenses stood at -$1.8 billion in 2022, then dropped by 6.98% to -$1.9 billion in 2023, then dropped by 0.88% to -$1.9 billion in 2024, then rose by 1.21% to -$1.9 billion in 2025, then sank by 48.11% to -$2.8 billion in 2026.
  • The last three Operating Expenses figures came in at -$2.8 billion (Q2 2026), -$1.8 billion (Q1 2026), and -$1.9 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Johnson & Johnson 643.46 Bn 622.70 Bn 17.26 Bn 10.12 Bn
2 AbbVie 440.39 Bn 433.82 Bn 12.70 Bn 10.56 Bn
3 Merck 364.93 Bn 357.79 Bn 12.21 Bn 12.80 Bn
4 Novartis Ag 266.64 Bn 258.95 Bn 11.24 Bn -6.09 Bn
5 Pfizer 158.92 Bn 147.22 Bn 10.94 Bn 6.68 Bn
6 Sanofi 52.46 Bn 45.08 Bn 10.79 Bn -5.98 Bn
7 Revolution Medicines 44.36 Bn 44.36 Bn - 505.13 Mn
8 Incyte 25.34 Bn 20.81 Bn 1.57 Bn 976.14 Mn
9 United Therapeutics 21.44 Bn 18.77 Bn 683.80 Mn 452.50 Mn
10 Takeda Pharmaceutical 2.61 Bn -3.19 Bn 5.10 Bn -2.85 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -2.85 Bn
Mar 31, 2026 -1.83 Bn
Dec 31, 2025 -1.92 Bn
Sep 30, 2025 -5.49 Bn
Jun 30, 2025 -1.85 Bn
Mar 31, 2025 -1.77 Bn
Dec 31, 2024 -1.95 Bn
Sep 30, 2024 -5.42 Bn
Jun 30, 2024 -1.72 Bn
Mar 31, 2024 -1.82 Bn
Dec 31, 2023 -1.93 Bn
Sep 30, 2023 -5.32 Bn
Jun 30, 2023 -1.85 Bn
Mar 31, 2023 -1.88 Bn
Dec 31, 2022 -1.80 Bn
Sep 30, 2022 -5.38 Bn
Jun 30, 2022 -1.92 Bn
Mar 31, 2022 -3.23 Bn
Dec 31, 2021 -3.16 Bn
Sep 30, 2021 -3.12 Bn