Spendscape
Companies · Pharma

Pfizer

AdvertiserPFE

Pfizer spent $2.70B on advertising and marketing in fiscal 2025, down 18.2% on the year before and +17% since 2019. That's 4.3% of revenue, less than in 2019: the business outgrew its marketing.

$2.70Bmarketing spend, FY2025
-18.2%vs the year before
4.3%of revenue (-1.3 pts vs 2019)
Say brand/flatsay vs do

Marketing spend by year

2012: $2.80B2013: $3.00B132014: $3.10B2015: $3.10B152016: $3.20B2017: $3.10B172018: $2.70B2019: $2.30B192020: $1.80B2021: $2.00B212022: $2.80B2023: $3.70B232024: $3.30B2025: $2.70B254.3%

Bars: advertising and marketing expense, $B (10-K). Line: spend as a share of revenue.

Say vs do

Say brand/flat. In 32 statements from its leaders in interviews, 3 argued for investing in brand and 0 for cutting; the filed spend went flat.

Peers