Zoetis (ZTS) Operating Expenses (2012 - 2026)

Zoetis (ZTS) has reported Operating Expenses for 15 consecutive years, with $215.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 1.38% year-over-year to $215.0 million in Q2 2026; TTM through Jun 2026 was $808.0 million, a 3.12% decrease from a year earlier, with the FY2025 full-year figure at $817.0 million, up 1.49% from the prior year.
• Operating Expenses was $215.0 million for Q2 2026 at Zoetis, up from $199.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $218.0 million in Q2 2025 and troughed at $165.0 million in Q1 2022.
• A 5-year average of $199.3 million and a median of $201.5 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses grew 25.95% in 2022 and dropped 8.96% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $187.0 million in 2022, then slipped by 1.6% to $184.0 million in 2023, then increased by 15.22% to $212.0 million in 2024, then dropped by 8.96% to $193.0 million in 2025, then rose by 11.4% to $215.0 million in 2026.
• The last three Operating Expenses figures came in at $215.0 million (Q2 2026), $199.0 million (Q1 2026), and $193.0 million (Q4 2025), per Business Quant data.