West Pharmaceutical Services (WST) Operating Expenses (2009 - 2026)
West Pharmaceutical Services (WST) reported Operating Expenses of $115.3 million for Q1 2026, up 10.55% on a YoY basis from $104.3 million in Q1 2025, and down 10.48% sequentially from $128.8 million in Q4 2025.
West Pharmaceutical Services (WST) Operating Expenses (2009 - 2026) Analysis & Trends
West Pharmaceutical Services (WST) has 18 years of Operating Expenses data on file, last reported at $115.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 10.55% year-over-year to $115.3 million; the trailing twelve-month figure through Mar 2026 stood at $478.9 million (up 17.49% YoY), and the FY2025 full-year result was $467.9 million, up 14.79% from the prior year.
- Operating Expenses eased to $115.3 million in Q1 2026, from $128.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $128.8 million in Q4 2025 to a low of $79.9 million in Q3 2022.
- A 5-year average of $105.2 million and a median of $104.3 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slipped 23.9% in 2022 and surged 31.91% in 2023, its largest moves.
- Tracing WST's Operating Expenses over 5 years: stood at $101.6 million in 2022, then rose by 6.69% to $108.4 million in 2023, then decreased by 4.24% to $103.8 million in 2024, then gained by 24.08% to $128.8 million in 2025, then decreased by 10.48% to $115.3 million in 2026.
- Business Quant data shows WST's Operating Expenses at $115.3 million in Q1 2026, $128.8 million in Q4 2025, and $119.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 33,163,703.85 Bn | 33,163,702.19 Bn | 1.53 Bn | -1.13 Bn |
| 2 | Intuitive Surgical | 119.67 Bn | 114.45 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Becton Dickinson | 43.92 Bn | 43.11 Bn | 2.15 Bn | 4.62 Bn |
| 4 | Medline | 31.71 Bn | 29.47 Bn | 1.84 Bn | 1.42 Bn |
| 5 | Resmed | 28.46 Bn | 26.80 Bn | 890.98 Mn | 391.17 Mn |
| 6 | West Pharmaceutical Services | 23.80 Bn | 23.28 Bn | 296.40 Mn | 115.30 Mn |
| 7 | Cooper Companies | 13.77 Bn | 13.63 Bn | 735.40 Mn | 718.70 Mn |
| 8 | Solventum | 13.63 Bn | 13.06 Bn | 1.10 Bn | 1.02 Bn |
| 9 | Align Technology | 11.94 Bn | 10.88 Bn | 736.59 Mn | 594.63 Mn |
| 10 | Baxter International | 11.56 Bn | 9.54 Bn | 891.00 Mn | 867.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 115.30 Mn |
| Dec 31, 2025 | 128.80 Mn |
| Sep 30, 2025 | 119.80 Mn |
| Jun 30, 2025 | 115.00 Mn |
| Mar 31, 2025 | 104.30 Mn |
| Dec 31, 2024 | 103.80 Mn |
| Sep 30, 2024 | 99.00 Mn |
| Jun 30, 2024 | 100.50 Mn |
| Mar 31, 2024 | 104.30 Mn |
| Dec 31, 2023 | 108.40 Mn |
| Sep 30, 2023 | 105.40 Mn |
| Jun 30, 2023 | 104.90 Mn |
| Mar 31, 2023 | 103.10 Mn |
| Dec 31, 2022 | 101.60 Mn |
| Sep 30, 2022 | 79.90 Mn |
| Jun 30, 2022 | 95.90 Mn |
| Mar 31, 2022 | 98.00 Mn |
| Dec 31, 2021 | 111.70 Mn |
| Sep 30, 2021 | 105.00 Mn |
| Jun 30, 2021 | 106.50 Mn |