Procter & Gamble Operating Expenses Growth & History (PG)

Procter & Gamble's operating expenses was $23.92B for fiscal 2026.

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Procter & Gamble annual operating expenses history

Procter & Gamble annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20262026-06-30$23.92B$1.25B+5.53%
20252025-06-30$22.67B−$1.98B−8.02%
20242024-06-30$24.65B$3.53B+16.74%
20232023-06-30$21.11B$895.0M+4.43%
20222022-06-30$20.22B−$807.0M−3.84%
20212021-06-30$21.02B$1.03B+5.15%
20202020-06-30$19.99B−$7.43B−27.11%
20192019-06-30$27.43B$8.39B+44.08%
20182018-06-30$19.04B$383.0M+2.05%
20172017-06-30$18.65B−$295.0M−1.56%
20162016-06-30$18.95B−$3.69B−16.32%
20152015-06-30$22.64B
20112011-06-30$25.75B$957.0M+3.86%
20102010-06-30$24.79B$2.16B+9.56%
20092009-06-30$22.63B−$1.39B−5.78%
20082008-06-30$24.02B

Procter & Gamble operating expenses trends

Over the last five fiscal years, Procter & Gamble's operating expenses increased from $21.02B to $23.92B, a change of $2.90B. The latest reported quarter, Q4 2026, shows $6.33B.

About the metric

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.

Calculation and source

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.

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