Teva Pharmaceutical Industries (TEVA) Operating Expenses (2017 - 2026)
Teva Pharmaceutical Industries (TEVA) posted Operating Expenses of $1.0 billion for Q1 2026, down 56.65% on a QoQ basis from $2.3 billion in Q4 2025, and up 83.82% year-over-year from $544.0 million in Q1 2025.
Teva Pharmaceutical Industries (TEVA) Operating Expenses (2017 - 2026) Analysis & Trends
Teva Pharmaceutical Industries' Operating Expenses history runs 10 years deep, the most recent figure standing at $1.0 billion for Q1 2026.
- Quarterly Operating Expenses rose 83.82% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.8 billion (up 363.95% YoY) and the FY2025 annual result came in at $4.0 billion, up 84.02% from the prior year.
- Operating Expenses was $1.0 billion for Q1 2026 at Teva Pharmaceutical Industries, down from $2.3 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.3 billion in Q4 2025 and bottomed at -$591.0 million in Q4 2024.
- A 5-year average of $822.5 million and a median of $842.0 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses slumped 131.07% — and 2025, when it surged 490.36%.
- Teva Pharmaceutical Industries' Operating Expenses stood at $837.0 million in 2022, then soared by 127.24% to $1.9 billion in 2023, then plunged by 131.07% to -$591.0 million in 2024, then jumped by 490.36% to $2.3 billion in 2025, then slumped by 56.65% to $1.0 billion in 2026.
- Business Quant data shows TEVA's Operating Expenses at $1.0 billion in Q1 2026, $2.3 billion in Q4 2025, and $573.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 88.07 Bn | 86.20 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.75 Bn | 32.01 Bn | 1.97 Bn | 1.00 Bn |
| 3 | Zoetis | 31.84 Bn | 29.90 Bn | 1.62 Bn | 788.00 Mn |
| 4 | Takeda Pharmaceutical | 27.18 Bn | 23.12 Bn | 4.39 Bn | 12.58 Bn |
| 5 | United Therapeutics | 23.09 Bn | 20.93 Bn | 648.10 Mn | 455.70 Mn |
| 6 | RedHill Biopharma | 21.32 Bn | 21.32 Bn | - | - |
| 7 | Viatris | 19.96 Bn | 18.16 Bn | 1.16 Bn | 1.24 Bn |
| 8 | Neurocrine Biosciences | 17.66 Bn | 16.34 Bn | 800.70 Mn | 621.10 Mn |
| 9 | Elanco Animal Health | 12.44 Bn | 12.02 Bn | 785.00 Mn | 494.00 Mn |
| 10 | Vireo Growth | 10.53 Bn | 10.38 Bn | 59.30 Mn | 50.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.00 Bn |
| Dec 31, 2025 | 2.31 Bn |
| Sep 30, 2025 | 573.00 Mn |
| Jun 30, 2025 | 959.00 Mn |
| Mar 31, 2025 | 544.00 Mn |
| Dec 31, 2024 | -591.00 Mn |
| Sep 30, 2024 | 538.00 Mn |
| Jun 30, 2024 | 552.00 Mn |
| Mar 31, 2024 | 886.00 Mn |
| Dec 31, 2023 | 1.90 Bn |
| 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 | 458.00 Mn |
| Jun 30, 2022 | 541.00 Mn |
| Mar 31, 2022 | 880.00 Mn |
| Dec 31, 2021 | 908.00 Mn |
| Sep 30, 2021 | 513.00 Mn |
| Jun 30, 2021 | 490.00 Mn |