Growth Metrics

Zoetis (ZTS) Operating Expenses (2016 - 2026)

Zoetis has reported Operating Expenses over the past 14 years, most recently at $834.0 million for Q4 2025.

  • Quarterly Operating Expenses rose 3.22% to $834.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $3.1 billion through Dec 2025, up 1.61% year-over-year, with the annual reading at $3.1 billion for FY2025, 2.56% up from the prior year.
  • Operating Expenses was $834.0 million for Q4 2025 at Zoetis, up from $753.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $834.0 million in Q4 2025 and troughed at $131.0 million in Q1 2021.
  • The 5-year median for Operating Expenses is $711.5 million (2023), against an average of $682.6 million.
  • Year-over-year, Operating Expenses soared 443.59% in 2021 and then fell 9.1% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $725.0 million in 2021, then fell by 9.1% to $659.0 million in 2022, then increased by 13.35% to $747.0 million in 2023, then increased by 8.17% to $808.0 million in 2024, then rose by 3.22% to $834.0 million in 2025.
  • Per Business Quant, the three most recent readings for ZTS's Operating Expenses are $834.0 million (Q4 2025), $753.0 million (Q3 2025), and $789.0 million (Q2 2025).