Zoetis (ZTS) Operating Expenses (2012 - 2026)

Zoetis (ZTS) has 15 years of Operating Expenses data on file, last reported at $788.0 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 7.07% year-over-year to $788.0 million in Q1 2026; TTM through Mar 2026 was $3.2 billion, a 3.7% increase from a year earlier, with the FY2025 full-year figure at $3.1 billion, up 2.22% from the prior year.
• Operating Expenses for Q1 2026 stood at $788.0 million, down from $834.0 million in the prior quarter.
• Over the last five years, Operating Expenses for ZTS reached as high as $834.0 million in Q4 2025 and fell as low as $589.0 million in Q1 2022.
• Historically, Operating Expenses has averaged $727.0 million across 5 years, with a median of $736.0 million in 2025.
• On a YoY basis, Operating Expenses climbed as much as 349.62% in 2022 and fell as far as 10.34% in 2022.
• Year by year, Operating Expenses stood at $659.0 million in 2022, then increased by 13.35% to $747.0 million in 2023, then climbed by 8.84% to $813.0 million in 2024, then increased by 2.58% to $834.0 million in 2025, then declined by 5.52% to $788.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $788.0 million in Q1 2026, $834.0 million in Q4 2025, and $753.0 million in Q3 2025.