Procter & Gamble Operating Expenses Growth & History (PG)
Procter & Gamble's operating expenses was $23.92B for fiscal 2026.
View full Procter & Gamble company overviewProcter & Gamble annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | $23.92B | $1.25B | +5.53% |
| 2025 | 2025-06-30 | $22.67B | −$1.98B | −8.02% |
| 2024 | 2024-06-30 | $24.65B | $3.53B | +16.74% |
| 2023 | 2023-06-30 | $21.11B | $895.0M | +4.43% |
| 2022 | 2022-06-30 | $20.22B | −$807.0M | −3.84% |
| 2021 | 2021-06-30 | $21.02B | $1.03B | +5.15% |
| 2020 | 2020-06-30 | $19.99B | −$7.43B | −27.11% |
| 2019 | 2019-06-30 | $27.43B | $8.39B | +44.08% |
| 2018 | 2018-06-30 | $19.04B | $383.0M | +2.05% |
| 2017 | 2017-06-30 | $18.65B | −$295.0M | −1.56% |
| 2016 | 2016-06-30 | $18.95B | −$3.69B | −16.32% |
| 2015 | 2015-06-30 | $22.64B | — | — |
| 2011 | 2011-06-30 | $25.75B | $957.0M | +3.86% |
| 2010 | 2010-06-30 | $24.79B | $2.16B | +9.56% |
| 2009 | 2009-06-30 | $22.63B | −$1.39B | −5.78% |
| 2008 | 2008-06-30 | $24.02B | — | — |
Procter & Gamble quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $6.33B | $431.0M | +7.30% |
| Q3 2026 | 2026-03-31 | $5.94B | $413.0M | +7.48% |
| Q2 2026 | 2025-12-31 | $6.01B | $285.0M | +4.98% |
| Q1 2026 | 2025-09-30 | $5.64B | $124.0M | +2.25% |
| Q4 2025 | 2025-06-30 | $5.90B | −$396.0M | −6.29% |
| Q3 2025 | 2025-03-31 | $5.52B | −$356.0M | −6.05% |
| Q2 2025 | 2024-12-31 | $5.72B | −$1.14B | −16.62% |
| Q1 2025 | 2024-09-30 | $5.52B | −$84.0M | −1.50% |
| Q4 2024 | 2024-06-30 | $6.30B | $521.0M | +9.02% |
| Q3 2024 | 2024-03-31 | $5.88B | $464.0M | +8.57% |
| Q2 2024 | 2023-12-31 | $6.86B | $1.77B | +34.83% |
| Q1 2024 | 2023-09-30 | $5.60B | $776.0M | +16.08% |
| Q4 2023 | 2023-06-30 | $5.78B | $663.0M | +12.96% |
| Q3 2023 | 2023-03-31 | $5.42B | $385.0M | +7.65% |
| Q2 2023 | 2022-12-31 | $5.09B | −$30.0M | −0.59% |
| Q1 2023 | 2022-09-30 | $4.83B | −$123.0M | −2.48% |
| Q4 2022 | 2022-06-30 | $5.12B | −$500.0M | −8.90% |
| Q3 2022 | 2022-03-31 | $5.03B | −$371.0M | −6.87% |
| Q2 2022 | 2021-12-31 | $5.12B | $9.0M | +0.18% |
| Q1 2022 | 2021-09-30 | $4.95B | $55.0M | +1.12% |
| Q4 2021 | 2021-06-30 | $5.62B | $340.0M | +6.45% |
| Q3 2021 | 2021-03-31 | $5.40B | $357.0M | +7.08% |
| Q2 2021 | 2020-12-31 | $5.11B | $223.0M | +4.56% |
| Q1 2021 | 2020-09-30 | $4.89B | $110.0M | +2.30% |
| Q4 2020 | 2020-06-30 | $5.28B | −$8.07B | −60.48% |
| Q3 2020 | 2020-03-31 | $5.04B | $239.0M | +4.97% |
| Q2 2020 | 2019-12-31 | $4.89B | $266.0M | +5.75% |
| Q1 2020 | 2019-09-30 | $4.79B | $133.0M | +2.86% |
| Q4 2019 | 2019-06-30 | $13.35B | $8.50B | +175.44% |
| Q3 2019 | 2019-03-31 | $4.81B | $118.0M | +2.52% |
| Q2 2019 | 2018-12-31 | $4.62B | −$144.0M | −3.02% |
| Q1 2019 | 2018-09-30 | $4.65B | −$84.0M | −1.77% |
| Q4 2018 | 2018-06-30 | $4.85B | −$71.0M | −1.44% |
| Q3 2018 | 2018-03-31 | $4.69B | $279.0M | +6.33% |
| Q2 2018 | 2017-12-31 | $4.77B | $84.0M | +1.79% |
| Q1 2018 | 2017-09-30 | $4.74B | $91.0M | +1.96% |
| Q4 2017 | 2017-06-30 | $4.92B | −$301.0M | −5.77% |
| Q3 2017 | 2017-03-31 | $4.41B | −$113.0M | −2.50% |
| Q2 2017 | 2016-12-31 | $4.68B | $81.0M | +1.76% |
| Q1 2017 | 2016-09-30 | $4.64B | $38.0M | +0.82% |
| Q4 2016 | 2016-06-30 | $5.22B | −$1.69B | −24.42% |
| Q3 2016 | 2016-03-31 | $4.52B | −$456.0M | −9.16% |
| Q2 2016 | 2015-12-31 | $4.60B | −$756.0M | −14.11% |
| Q1 2016 | 2015-09-30 | $4.61B | −$797.0M | −14.75% |
| Q4 2015 | 2015-06-30 | $6.90B | — | — |
| Q3 2015 | 2015-03-31 | $4.98B | −$1.32B | −20.92% |
| Q2 2015 | 2014-12-31 | $5.36B | −$965.0M | −15.26% |
| Q1 2015 | 2014-09-30 | $5.40B | −$732.0M | −11.93% |
| Q3 2014 | 2014-03-31 | $6.29B | −$205.0M | −3.15% |
| Q2 2014 | 2013-12-31 | $6.32B | −$105.0M | −1.63% |
| Q1 2014 | 2013-09-30 | $6.14B | $33.0M | +0.54% |
| Q3 2013 | 2013-03-31 | $6.50B | −$158.0M | −2.37% |
| Q2 2013 | 2012-12-31 | $6.43B | −$1.78B | −21.73% |
| Q1 2013 | 2012-09-30 | $6.10B | −$371.0M | −5.73% |
| Q3 2012 | 2012-03-31 | $6.66B | $259.0M | +4.05% |
| Q2 2012 | 2011-12-31 | $8.21B | $1.71B | +26.30% |
| Q1 2012 | 2011-09-30 | $6.47B | $804.0M | +14.18% |
| Q4 2011 | 2011-06-30 | $7.18B | $967.0M | +15.57% |
| Q3 2011 | 2011-03-31 | $6.40B | $414.0M | +6.92% |
| Q2 2011 | 2010-12-31 | $6.50B | −$133.0M | −2.00% |
| Q1 2011 | 2010-09-30 | $5.67B | −$291.0M | −4.88% |
| Q4 2010 | 2010-06-30 | $6.21B | $723.0M | +13.17% |
| Q3 2010 | 2010-03-31 | $5.99B | $791.0M | +15.23% |
| Q2 2010 | 2009-12-31 | $6.64B | $727.0M | +12.30% |
| Q1 2010 | 2009-09-30 | $5.96B | −$78.0M | −1.29% |
| Q4 2009 | 2009-06-30 | $5.49B | — | — |
| Q3 2009 | 2009-03-31 | $5.19B | — | — |
| Q2 2009 | 2008-12-31 | $5.91B | — | — |
| Q1 2009 | 2008-09-30 | $6.04B | — | — |
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.
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 Procter & Gamble source filings ↗