Alvotech Operating Expenses Growth & History (ALVO)
Alvotech's operating expenses was $272.6M for fiscal 2025.
View full Alvotech company overviewAlvotech annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $272.6M | $37.8M | +16.12% |
| 2024 | 2024-12-31 | $234.7M | −$50.7M | −17.77% |
| 2023 | 2023-12-31 | $285.4M | −$79.9M | −21.88% |
| 2022 | 2022-12-31 | $365.4M | $93.1M | +34.22% |
| 2021 | 2021-12-31 | $272.2M | — | — |
Alvotech quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $65.3M | −$16.1M | −19.76% |
| Q1 2026 | 2026-03-31 | $50.1M | −$6.6M | −11.69% |
| Q4 2025 | 2025-12-31 | $57.0M | — | — |
| Q3 2025 | 2025-09-30 | $77.4M | — | — |
| Q2 2025 | 2025-06-30 | $81.4M | — | — |
| Q1 2025 | 2025-03-31 | $56.7M | — | — |
Alvotech operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Alvotech's operating expenses increased from $272.2M to $272.6M, a change of $328,000. The latest reported quarter, Q2 2026, shows $65.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Alvotech source filings ↗