Growth Metrics

Zoetis (ZTS) Operating Expenses (2016 - 2025)

Zoetis (ZTS) has disclosed Operating Expenses for 14 consecutive years, with $834.0 million as the latest value 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 for Q4 2025 was $834.0 million at Zoetis, up from $753.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $834.0 million in Q4 2025, with the low at $131.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $682.6 million, with a median of $711.5 million recorded in 2023.
  • The sharpest move saw Operating Expenses skyrocketed 443.59% in 2021, then dropped 9.1% in 2022.
  • Over 5 years, Operating Expenses stood at $725.0 million in 2021, then decreased by 9.1% to $659.0 million in 2022, then grew by 13.35% to $747.0 million in 2023, then grew by 8.17% to $808.0 million in 2024, then increased by 3.22% to $834.0 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $834.0 million, $753.0 million, and $789.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.