Discontinued — last reported Q4 '25
Total Cost of Revenue
Cost of RevenueJohnson & Johnson Total Cost of Revenue decreased by 4.3% to $7.30B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $6.96B to $7.30B. Over 2 years (FY 2021 to FY 2024), Total Cost of Revenue shows relatively stable performance with a -1.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests declining efficiency or rising input costs, whereas a decrease suggests better operational scaling.
Detailed definition
The direct costs associated with producing and delivering the goods and services sold by the company. This typically inc...
Peer comparison
Cloud-heavy companies monitor this closely as a measure of data center and infrastructure efficiency.
is_total_cost_of_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.06B | $7.59B | $7.25B | $7.77B | $7.60B | $7.92B | $7.81B | $8.40B | $6.61B | $6.51B | $6.87B | $6.96B | $7.13B | $7.36B | $7.63B | $7.30B |
| QoQ Change | — | +7.4% | -4.4% | +7.1% | -2.2% | +4.2% | -1.4% | +7.5% | -21.3% | -1.4% | +5.5% | +1.4% | +2.4% | +3.2% | +3.7% | -4.3% |
| YoY Change | — | — | — | — | +7.6% | +4.4% | +7.7% | +10.5% | -16.6% | — | -18.2% | +5.4% | — | +13.0% | +11.0% | +4.9% |
Business Segments
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is Johnson & Johnson's total cost of revenue?
- Johnson & Johnson (JNJ) reported total cost of revenue of $7.30B in Q3 2025.
- How has Johnson & Johnson's total cost of revenue changed year-over-year?
- Johnson & Johnson's total cost of revenue increased by 4.9% year-over-year, from $6.96B to $7.30B.
- What is the long-term trend for Johnson & Johnson's total cost of revenue?
- Over 2 years (2021 to 2024), Johnson & Johnson's total cost of revenue has grown at a -1.7% compound annual growth rate (CAGR), from $28.43B to $27.47B.
- What does total cost of revenue mean?
- The direct expenses a company pays to create and deliver what it sells.