West Pharmaceutical Services (WST) Cost of Revenue (2009 - 2026)
West Pharmaceutical Services' Cost of Revenue came in at $543.1 million for Q2 2026, up 10.3% from $492.6 million a year earlier but down 1.0% from the prior quarter.
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Analysis
West Pharmaceutical Services (WST) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, West Pharmaceutical Services reported Cost of Revenue of $2.1 billion, up 9.8% year-over-year; for FY2025, it came in at $1.97 billion, up 4.0% from FY2024.
- Cost of Revenue has increased in each of the last ten years, with a five-year compound annual growth rate of 7.4% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $1.89 billion in FY2024 (+4.1%), $1.82 billion in FY2023 (+4.0%), $1.75 billion in FY2022 (+5.7%) and $1.66 billion in FY2021 (+20.1%).
- The five-year range for quarterly Cost of Revenue is $418.3 million (Q3 2021) to $548.5 million (Q1 2026).
- Year-over-year, Cost of Revenue has increased for 42 consecutive quarters, with growth averaging 6.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Cost of Revenue ranged from 0.1% (Q3 2022) to 18.4% (Q3 2021).
- Business Quant data shows WST's Cost of Revenue at $548.5 million (Q1 2026), $501.1 million (Q4 2025) and $510.3 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 931.90 Mn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 392.40 Mn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 2.67 Bn |
| 10 | West Pharmaceutical Services | 25.69 Bn | 23.31 Bn | 329.20 Mn | 543.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 543.10 Mn |
| Mar 31, 2026 | 548.50 Mn |
| Dec 31, 2025 | 501.10 Mn |
| Sep 30, 2025 | 510.30 Mn |
| Jun 30, 2025 | 492.60 Mn |
| Mar 31, 2025 | 466.10 Mn |
| Dec 31, 2024 | 475.20 Mn |
| Sep 30, 2024 | 482.20 Mn |
| Jun 30, 2024 | 472.10 Mn |
| Mar 31, 2024 | 465.20 Mn |
| Dec 31, 2023 | 453.80 Mn |
| Sep 30, 2023 | 459.10 Mn |
| Jun 30, 2023 | 462.40 Mn |
| Mar 31, 2023 | 445.30 Mn |
| Dec 31, 2022 | 446.60 Mn |
| Sep 30, 2022 | 418.90 Mn |
| Jun 30, 2022 | 449.80 Mn |
| Mar 31, 2022 | 435.40 Mn |
| Dec 31, 2021 | 430.20 Mn |
| Sep 30, 2021 | 418.30 Mn |
API Access
West Pharmaceutical Services Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "WST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();