Viatris (VTRS) Cost of Revenue (2020 - 2026)

Viatris (VTRS) recorded quarterly Cost of Revenue of $2.4 billion in Q1 2026, down 7.67% quarter-over-quarter from $2.6 billion in Q4 2025, and up 12.74% on a YoY basis from $2.1 billion in Q1 2025.

Viatris (VTRS) Cost of Revenue (2020 - 2026) Analysis & Trends

Viatris' Cost of Revenue history runs 7 years deep, the most recent figure standing at $2.4 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 12.74% year-over-year to $2.4 billion; the TTM figure through Mar 2026 stood at $9.6 billion (up 5.57% YoY), while the FY2025 annual figure was $9.3 billion, up 1.87% from the prior year.
  • Cost of Revenue was $2.4 billion for Q1 2026 at Viatris, down from $2.6 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.6 billion in Q4 2022 to a low of $2.1 billion in Q1 2025.
  • Historically, Cost of Revenue has averaged $2.3 billion across 5 years, with a median of $2.3 billion in 2024.
  • The sharpest annual moves came in 2022 and 2026: Cost of Revenue fell 26.72% in 2022, then gained 12.74% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $2.6 billion in 2022, then decreased by 13.88% to $2.2 billion in 2023, then gained by 3.23% to $2.3 billion in 2024, then grew by 10.49% to $2.6 billion in 2025, then declined by 7.67% to $2.4 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.4 billion (Q1 2026), $2.6 billion (Q4 2025), and $2.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Teva Pharmaceutical Industries 38.77 Bn 35.04 Bn 1.97 Bn 696.00 Mn
2 Zoetis 34.11 Bn 32.16 Bn 1.62 Bn 641.00 Mn
3 United Therapeutics 23.68 Bn 21.53 Bn 648.10 Mn 133.40 Mn
4 Aurora Cannabis 16.48 Bn 16.40 Bn 33.43 Mn 34.44 Mn
5 Neurocrine Biosciences 16.19 Bn 14.88 Bn 800.70 Mn 13.80 Mn
6 Elanco Animal Health 11.44 Bn 11.01 Bn 785.00 Mn 586.00 Mn
7 Alkermes 7.28 Bn 6.77 Bn -116.06 Mn 155.56 Mn
8 Lantheus Holdings 6.48 Bn 5.98 Bn 230.92 Mn 52.68 Mn
9 Hims & Hers Health 6.35 Bn 5.60 Bn 396.79 Mn 222.00 Mn
10 Viatris - - 1.16 Bn 2.36 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.36 Bn
Mar 31, 2026 2.36 Bn
Dec 31, 2025 2.56 Bn
Dec 31, 2025 2.56 Bn
Sep 30, 2025 2.39 Bn
Sep 30, 2025 2.39 Bn
Jun 30, 2025 2.25 Bn
Jun 30, 2025 2.25 Bn
Mar 31, 2025 2.09 Bn
Mar 31, 2025 2.09 Bn
Dec 31, 2024 2.31 Bn
Dec 31, 2024 2.31 Bn
Sep 30, 2024 2.29 Bn
Sep 30, 2024 2.29 Bn
Jun 30, 2024 2.35 Bn
Jun 30, 2024 2.35 Bn
Mar 31, 2024 2.16 Bn
Mar 31, 2024 2.16 Bn
Dec 31, 2023 2.24 Bn
Dec 31, 2023 2.24 Bn