Operating Expenses

Total Operating Expenses

Bristol-Myers Squibb Total Operating Expenses decreased by 25.2% to $8.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.2%, from $8.23B to $8.25B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows relatively stable performance with a 0.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$10.15B$9.47B$10.13B$9.96B$9.93B$9.01B$9.55B$8.57B$9.37B$8.83B$9.80B$23.38B$10.92B$10.22B$12.17B$8.23B$10.50B$9.11B$11.03B$8.25B
QoQ Change-6.7%+7.0%-1.6%-0.3%-9.3%+6.0%-10.3%+9.3%-5.7%+11.0%+138.5%-53.3%-6.4%+19.1%-32.4%+27.5%-13.2%+21.1%-25.2%
YoY Change-2.2%-4.8%-5.7%-14.0%-5.7%-2.0%+2.7%+172.9%+16.5%+15.7%+24.1%-64.8%-3.8%-10.8%-9.3%+0.2%
Range$8.23B$23.38B
CAGR-4.3%
Avg YoY Growth+6.8%
Median YoY Growth-3.0%

Frequently Asked Questions

What is Bristol-Myers Squibb's total operating expenses?
Bristol-Myers Squibb (BMY) reported total operating expenses of $8.25B in Q1 2026.
How has Bristol-Myers Squibb's total operating expenses changed year-over-year?
Bristol-Myers Squibb's total operating expenses increased by 0.2% year-over-year, from $8.23B to $8.25B.
What is the long-term trend for Bristol-Myers Squibb's total operating expenses?
Over 4 years (2021 to 2025), Bristol-Myers Squibb's total operating expenses has grown at a 0.4% compound annual growth rate (CAGR), from $38.29B to $38.87B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.