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| Date | Value |
|---|---|
| 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 |