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

Takeda Pharmaceutical's (TAK) quarterly Operating Expenses came in at $12.6 billion in Q1 2026, up 810.97% year-on-year from $1.4 billion in Q1 2025, and up 754.4% quarter-over-quarter from -$1.9 billion in Q4 2025.

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

Takeda Pharmaceutical's Operating Expenses history runs 10 years deep, the most recent figure standing at $12.6 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 810.97% year-over-year to $12.6 billion in Q1 2026; TTM through Mar 2026 was $3.3 billion, a 130.52% increase from a year earlier, with the FY2026 full-year figure at $4.7 billion, up 362.5% from the prior year.
  • Operating Expenses advanced to $12.6 billion in Q1 2026 per TAK's latest filing, from -$1.9 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $12.6 billion in Q1 2026 and bottomed at -$5.5 billion in Q3 2025.
  • The 5-year median for Operating Expenses is -$1.9 billion (2025), against an average of -$1.9 billion.
  • Across the five-year window, Operating Expenses plunged 123.06% in 2022 and soared 810.97% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at -$1.8 billion in 2022, then slipped by 6.98% to -$1.9 billion in 2023, then slipped by 0.88% to -$1.9 billion in 2024, then increased by 1.21% to -$1.9 billion in 2025, then soared by 754.4% to $12.6 billion in 2026.
  • Per Business Quant, the three latest TAK Operating Expenses figures stand at $12.6 billion (Q1 2026), -$1.9 billion (Q4 2025), and -$5.5 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 455.70 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 494.00 Mn
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn 50.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.58 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
Jun 30, 2021 -3.13 Bn