West Pharmaceutical Services WST
NYSE WST
$343.48 +6.54 (+1.94%)
As of: Sep 10, 2026 · 3:10 PM EDT

West Pharmaceutical Services (WST) Operating Expenses (2009 - 2026)

West Pharmaceutical Services' (WST) quarterly Operating Expenses came in at $137.3 million in Q2 2026, up 19.39% year-over-year from $115.0 million in Q2 2025, and up 19.08% quarter-over-quarter from $115.3 million in Q1 2026.

Analysis

West Pharmaceutical Services (WST) Operating Expenses (2009 - 2026) Analysis & Trends

West Pharmaceutical Services has disclosed Operating Expenses across 18 years of filings, most recently posting $137.3 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 19.39% year-over-year to $137.3 million; the TTM figure through Jun 2026 stood at $501.2 million (up 18.74% YoY), while the FY2025 annual figure was $467.9 million, up 14.79% from the prior year.
  • Operating Expenses came in at $137.3 million for Q2 2026 at West Pharmaceutical Services, up from $115.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $137.3 million in Q2 2026 to a low of $79.9 million in Q3 2022.
  • Average Operating Expenses over 5 years is $107.0 million, with a median of $104.3 million recorded in 2024.
  • Year-over-year, Operating Expenses dropped 23.9% in 2022 and soared 31.91% in 2023.
  • Over 5 years, Operating Expenses stood at $101.6 million in 2022, then advanced by 6.69% to $108.4 million in 2023, then decreased by 4.24% to $103.8 million in 2024, then advanced by 24.08% to $128.8 million in 2025, then climbed by 6.6% to $137.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $137.3 million in Q2 2026, $115.3 million in Q1 2026, and $128.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Becton Dickinson 48.31 Bn 47.45 Bn 2.32 Bn 4.32 Bn
2 Medline 28.02 Bn 25.35 Bn 2.22 Bn 1.82 Bn
3 West Pharmaceutical Services 24.18 Bn 23.75 Bn 329.20 Mn 137.30 Mn
4 Baxter International 12.44 Bn 10.29 Bn 1.03 Bn 864.00 Mn
5 Stevanato Group S.p.A 5.69 Bn 5.58 Bn 100.91 Mn 34.66 Mn
6 Acme United 235.50 Mn 230.46 Mn 26.69 Mn 19.86 Mn
7 Rockwell Medical 30.24 Mn 5.45 Mn 3.24 Mn 4.26 Mn
8 Retractable Technologies 21.15 Mn -18.72 Mn 190,852.00 5.34 Mn
9 United Health Products 8.85 Mn 8.82 Mn - 166,850.00
10 Cuprina Holdings (Cayman) 7.88 Mn 4.76 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 137.30 Mn
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