Pfizer Operating Expenses 2012-2026 | PFE

Pfizer annual/quarterly operating expenses history and growth rate from 2012 to 2026. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Pfizer operating expenses for the quarter ending March 31, 2026 were $10.419B, a 4.43% increase year-over-year.
  • Pfizer operating expenses for the twelve months ending March 31, 2026 were $48.777B, a 3.25% decline year-over-year.
  • Pfizer annual operating expenses for 2025 were $48.335B, a 5.63% decline from 2024.
  • Pfizer annual operating expenses for 2024 were $51.216B, a 12.11% decline from 2023.
  • Pfizer annual operating expenses for 2023 were $58.274B, a 10.88% decline from 2022.
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Pfizer Annual Operating Expenses
(Millions of US $)
2025 $48,335
2024 $51,216
2023 $58,274
2022 $65,386
2021 $61,855
2020 $33,401
2019 $34,195
2018 $35,153
2017 $38,824
2016 $40,679
2015 $37,027
2014 $36,356
2013 $36,400
2012 $39,393
2011 $47,068
Pfizer Quarterly Operating Expenses
(Millions of US $)
2026-03-31 $10,419
2025-12-31 $14,685
2025-09-30 $12,803
2025-06-30 $10,870
2025-03-31 $9,977
2024-12-31 $15,416
2024-09-30 $12,743
2024-06-30 $12,280
2024-03-31 $10,777
2023-12-31 $18,857
2023-09-30 $16,662
2023-06-30 $10,813
2023-03-31 $11,942
2022-12-31 $19,908
2022-09-30 $13,695
2022-06-30 $15,523
2022-03-31 $16,260
2021-12-31 $20,847
2021-09-30 $17,888
2021-06-30 $13,293
2021-03-31 $9,827
2020-12-31 $10,724
2020-09-30 $7,829
2020-06-30 $7,792
2020-03-31 $7,056
2019-12-31 $6,771
2019-09-30 $9,722
2019-06-30 $8,998
2019-03-31 $8,704
2018-12-31 $7,172
2018-09-30 $9,534
2018-06-30 $9,490
2018-03-31 $8,957
2017-12-31 $11,396
2017-09-30 $9,504
2017-06-30 $9,155
2017-03-31 $8,769
2016-12-31 $11,871
2016-09-30 $10,024
2016-06-30 $9,670
2016-03-31 $9,114
2015-12-31 $12,213
2015-09-30 $8,729
2015-06-30 $8,258
2015-03-31 $7,827
2014-12-31 $10,971
2014-09-30 $8,679
2014-06-30 $8,823
2014-03-31 $7,883
2013-12-31 $10,515
2013-09-30 $8,659
2013-06-30 $8,686
2013-03-31 $8,540
2012-12-31 $10,291
2012-09-30 $9,210
2012-06-30 $9,100
2012-03-31 $10,792
2011-12-31 $9,526
2011-09-30 $12,521
2011-06-30 $12,464
Sector Industry Market Cap Revenue
Medical Large Cap Pharmaceutical $153.074B $62.579B
Pfizer Inc. is a research-based, global biopharmaceutical company. The company boasts a sustainable pipeline with multiple late-stage programs that can drive growth. Pfizer markets a wide range of drugs and vaccines. Its business comprises six business units - Oncology, Inflammation & Immunology, Rare Disease, Hospital, Vaccines and Internal Medicine. Pfizer spinned-off its Upjohn unit, its off-patent branded and generic established medicines business, and combined it with generic drugmaker Mylan to create a new generic pharmaceutical company called Viatris. The Consumer Healthcare (CHC) segment, an over-the-counter (OTC) medicines business, was merged with Glaxo's unit to form a new joint venture.?The Consumer Healthcare joint venture with Glaxo and the merger of Upjohn unit with Mylan has made Pfizer a smaller company with a diversified portfolio of innovative drugs and vaccines.
Stock Name Country Market Cap PE Ratio
Eli Lilly (LLY) United States $887.629B 38.81
Johnson & Johnson (JNJ) United States $574.358B 22.08
AbbVie (ABBV) United States $367.673B 20.79
Roche Holding AG (RHHBY) Switzerland $318.782B 0.00
Merck (MRK) United States $299.893B 13.54
Novartis AG (NVS) Switzerland $293.951B 17.16
Novo Nordisk (NVO) Denmark $167.527B 9.60
Sanofi (SNY) France $114.048B 10.56
Bayer (BAYRY) Germany $46.178B 8.70
Innoviva (INVA) United States $1.760B 5.88