West Pharmaceutical Services (WST) Operating Expenses (2009 - 2026)
West Pharmaceutical Services recorded quarterly Operating Expenses of $115.3 million in Q1 2026, down 10.48% quarter-over-quarter from $128.8 million in Q4 2025, and up 10.55% year-over-year from $104.3 million in Q1 2025.
West Pharmaceutical Services' Operating Expenses history runs 18 years deep, the most recent figure standing at $115.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 10.55% year-over-year to $115.3 million; the TTM figure through Mar 2026 stood at $478.9 million (up 17.49% YoY), while the FY2025 annual figure was $467.9 million, up 14.79% from the prior year.
- Operating Expenses came in at $115.3 million for Q1 2026 at West Pharmaceutical Services, down 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 dropped 23.9% in 2022 and soared 31.91% in 2023, its largest moves.
- West Pharmaceutical Services' Operating Expenses stood at $101.6 million in 2022, then advanced by 6.69% to $108.4 million in 2023, then dropped by 4.24% to $103.8 million in 2024, then climbed by 24.08% to $128.8 million in 2025, then dropped by 10.48% to $115.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $115.3 million, $128.8 million, and $119.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 975.20 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 4.62 Bn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 391.17 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 115.30 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 1.02 Bn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 434.50 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 594.63 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 867.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 875.37 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 178.32 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 |
| Mar 31, 2021 | 92.40 Mn |
| Dec 31, 2020 | 89.20 Mn |
| Sep 30, 2020 | 88.70 Mn |
| Jun 30, 2020 | 88.50 Mn |
| Mar 31, 2020 | 82.50 Mn |
| Dec 31, 2019 | 79.20 Mn |
| Sep 30, 2019 | 74.10 Mn |
| Jun 30, 2019 | 79.90 Mn |
| Mar 31, 2019 | 78.40 Mn |
| Dec 31, 2018 | 69.50 Mn |
| Sep 30, 2018 | 75.00 Mn |
| Jun 30, 2018 | 80.80 Mn |
| Mar 31, 2018 | 77.90 Mn |
| Dec 31, 2017 | 69.30 Mn |
| Sep 30, 2017 | 71.70 Mn |
| Jun 30, 2017 | 71.30 Mn |
| Mar 31, 2017 | 72.80 Mn |
| Dec 31, 2016 | 70.30 Mn |
| Sep 30, 2016 | 67.30 Mn |
| Jun 30, 2016 | 71.30 Mn |
| Mar 31, 2016 | 67.50 Mn |
| Dec 31, 2015 | 72.40 Mn |
| Sep 30, 2015 | 63.10 Mn |
| Jun 30, 2015 | 68.90 Mn |
| Mar 31, 2015 | 62.70 Mn |
| Dec 31, 2014 | 66.60 Mn |
| Sep 30, 2014 | 65.60 Mn |
| Jun 30, 2014 | 67.40 Mn |
| Mar 31, 2014 | 66.40 Mn |
| Dec 31, 2013 | 69.70 Mn |
| Sep 30, 2013 | 65.80 Mn |
| Jun 30, 2013 | 68.40 Mn |
| Mar 31, 2013 | 68.40 Mn |
| Dec 31, 2012 | 66.00 Mn |
| Sep 30, 2012 | 64.10 Mn |
| Jun 30, 2012 | 63.10 Mn |
| Mar 31, 2012 | 59.40 Mn |
| Dec 31, 2011 | 58.30 Mn |
| Sep 30, 2011 | 55.30 Mn |
| Jun 30, 2011 | 56.80 Mn |
| Mar 31, 2011 | 59.20 Mn |
| Dec 31, 2010 | 72.10 Mn |
| Sep 30, 2010 | 49.40 Mn |
| Jun 30, 2010 | 52.70 Mn |
| Mar 31, 2010 | 53.30 Mn |
| Dec 31, 2009 | 62.20 Mn |
| Sep 30, 2009 | 45.80 Mn |
| Jun 30, 2009 | 50.00 Mn |