Elanco Animal Health advertising spend, FY2025

Elanco Animal Health (ELAN) reported $314M of advertising expense for the fiscal year ended Dec 31, 2025. That is 6.7% of revenue of $4.7B. Up 33.1% from FY2024.

Ad spend, FY2025
$314M
year ended Dec 31, 2025
Change vs prior year
+33.1%
vs FY2024
Share of revenue
6.7%
of $4.7B revenue
Rank by ad spend
#166
of 336 companies

Key facts

  • Ad spend is 1.3x its FY2021 level ($248M), faster than revenue (1.0x).
  • FY2025 is the highest year on file, going back to FY2021.
  • Largest increase +33.1% in FY2025; largest cut -19.0% in FY2022.
  • Ad spend has risen 3 years in a row.
  • Elanco Animal Health spends more on advertising than 51% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 1.3x the median of 5.2%.

Ad spend by fiscal year

$0 $100M $200M $300M $400M FY2021 (ended 2021-12-31): $248M 2021 FY2022 (ended 2022-12-31): $201M 2022 FY2023 (ended 2023-12-31): $207M 2023 FY2024 (ended 2024-12-31): $236M 2024 FY2025 (ended 2025-12-31): $314M 2025 $314M

Ad spend as % of revenue

0% 2% 4% 6% 8% FY2021 (ended 2021-12-31): 5.2% 2021 FY2022 (ended 2022-12-31): 4.6% 2022 FY2023 (ended 2023-12-31): 4.7% 2023 FY2024 (ended 2024-12-31): 5.3% 2024 FY2025 (ended 2025-12-31): 6.7% 2025 6.7%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2025 Dec 31, 2025 $314M +33.1% $4.7B 6.7% MarketingAndAdvertisingExpense 10-K Feb 24, 2026
FY2024 Dec 31, 2024 $236M +14.0% $4.4B 5.3% MarketingAndAdvertisingExpense 10-K Feb 24, 2026
FY2023 Dec 31, 2023 $207M +3.0% $4.4B 4.7% MarketingAndAdvertisingExpense 10-K Feb 24, 2026
FY2022 Dec 31, 2022 $201M -19.0% $4.4B 4.6% MarketingAndAdvertisingExpense 10-K Feb 25, 2025
FY2021 Dec 31, 2021 $248M n/a $4.8B 5.2% MarketingAndAdvertisingExpense 10-K Feb 26, 2024

What the figure is

Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.

Compared with similar spenders

The 6 companies closest to Elanco Animal Health in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
163 People Inc. $328M 13.7% +3.3% FY2025
164 Celsius $319M 12.7% +43.9% FY2025
165 Hasbro $317M 5.9% -0.8% FY2025
166 Elanco Animal Health $314M 6.7% +33.1% FY2025
167 Teva Pharmaceutical $309M 1.8% +19.3% FY2025
168 Abercrombie & Fitch $308M 5.9% +13.9% FY2026
169 Zoetis $308M 3.3% +2.0% FY2025

Full ranking of 336 companies · Biggest increases #42

Questions

How much does Elanco Animal Health spend on advertising?

Elanco Animal Health spent $314M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 24, 2026.

What percentage of revenue does Elanco Animal Health spend on advertising?

6.7% of revenue in fiscal 2025 ($314M of $4.7B). The median across the 336 companies tracked is 5.2%.

Is Elanco Animal Health spending more on advertising?

Yes. Ad spend rose 33.1% in fiscal 2025 from fiscal 2024. It has risen 3 years in a row.

How does Elanco Animal Health rank by advertising spend?

#166 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does Elanco Animal Health's advertising figure include?

Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.

Source

Filing
10-K for FY2025, filed Feb 24, 2026
Accession number
0001739104-26-000012
Company
Elanco Animal Health Inc, CIK 1739104, SIC 2834 (Pharmaceutical Preparations)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
Elanco Animal Health advertising spend, FY2021-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 24, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/elanco-animal-health/advertising-spend/
Download
CSV, all years · CSV, all 336 companies