Other

Restructuring Reserve

Pfizer Restructuring Reserve decreased by 16.9% to $1.59B in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase indicates active restructuring efforts, which may lead to future efficiency gains but also immediate cash outflows.

Detailed definition

The estimated liability recorded for costs associated with restructuring activities, such as severance, facility closure...

Peer comparison

Commonly seen during periods of strategic transformation or cost-cutting initiatives across the utility industry.

Metric ID: other_restructuring_reserve

Historical Data

2 periods
 Q4 '25Q1 '26
Value$1.91B$1.59B
QoQ Change-16.9%
Range$1.59B$1.91B

Frequently Asked Questions

What is Pfizer's restructuring reserve?
Pfizer (PFE) reported restructuring reserve of $1.59B in Q1 2026.
What does restructuring reserve mean?
The amount of money set aside to cover the costs of planned company reorganizations or downsizing.