Teva Pharmaceutical Industries (TEVA) Operating Expenses (2009 - 2026)
Teva Pharmaceutical Industries' (TEVA) quarterly Operating Expenses came in at $1.3 billion in Q2 2026, up 34.2% on a YoY basis from $959.0 million in Q2 2025, and up 28.7% quarter-over-quarter from $1.0 billion in Q1 2026.
Analysis
Teva Pharmaceutical Industries (TEVA) Operating Expenses (2009 - 2026) Analysis & Trends
Teva Pharmaceutical Industries (TEVA) has reported Operating Expenses for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 34.2% year-over-year to $1.3 billion; the trailing twelve-month figure through Jun 2026 stood at $4.4 billion (up 16.68% YoY), and the FY2025 full-year result was $4.0 billion, up 7.32% from the prior year.
- Operating Expenses grew to $1.3 billion in Q2 2026 per TEVA's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.3 billion in Q2 2026 and bottomed at $822.0 million in Q3 2022.
- Historically, Operating Expenses has averaged $939.1 million across 5 years, with a median of $914.5 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses fell 7.82% in 2022, then soared 34.2% in 2026.
- Over 5 years, Operating Expenses stood at $837.0 million in 2022, then gained by 7.77% to $902.0 million in 2023, then climbed by 5.54% to $952.0 million in 2024, then gained by 17.65% to $1.1 billion in 2025, then advanced by 14.91% to $1.3 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.3 billion, $1.0 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.76 Bn | 39.10 Bn | 2.15 Bn | 1.29 Bn |
| 2 | Viatris | 19.19 Bn | 18.30 Bn | 1.46 Bn | 1.45 Bn |
| 3 | Dr Reddys Laboratories | 9.85 Bn | 9.68 Bn | 396.53 Mn | 356.56 Mn |
| 4 | Amneal Pharmaceuticals | 5.52 Bn | 5.39 Bn | 334.51 Mn | 195.34 Mn |
| 5 | Bausch Health Companies | 2.38 Bn | 545.13 Mn | 2.10 Bn | 2.11 Bn |
| 6 | Alvotech | 1.50 Bn | 1.36 Bn | 2.56 Mn | -65.41 Mn |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 225.58 Mn |
| 8 | Amphastar Pharmaceuticals | 992.46 Mn | 702.34 Mn | 93.47 Mn | 53.74 Mn |
| 9 | Fennec Pharmaceuticals | 409.53 Mn | 368.28 Mn | 17.15 Mn | 16.14 Mn |
| 10 | RedHill Biopharma | 179.80 Mn | 179.80 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.29 Bn |
| Mar 31, 2026 | 1.00 Bn |
| Dec 31, 2025 | 1.12 Bn |
| Sep 30, 2025 | 973.00 Mn |
| Jun 30, 2025 | 959.00 Mn |
| Mar 31, 2025 | 919.00 Mn |
| Dec 31, 2024 | 952.00 Mn |
| Sep 30, 2024 | 924.00 Mn |
| Jun 30, 2024 | 939.00 Mn |
| Mar 31, 2024 | 886.00 Mn |
| Dec 31, 2023 | 902.00 Mn |
| Sep 30, 2023 | 844.00 Mn |
| Jun 30, 2023 | 910.00 Mn |
| Mar 31, 2023 | 842.00 Mn |
| Dec 31, 2022 | 837.00 Mn |
| Sep 30, 2022 | 822.00 Mn |
| Jun 30, 2022 | 907.00 Mn |
| Mar 31, 2022 | 880.00 Mn |
| Dec 31, 2021 | 908.00 Mn |
| Sep 30, 2021 | 888.00 Mn |