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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |