KPIs & Operating Metrics(New)
Growth Metrics

Apa (APA) Operating Expenses (2020 - 2026)

Apa's Operating Expenses history spans 6 years, with the latest figure at $924.0 million for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 15.62% to $924.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $5.9 billion, a 16.17% decrease, with the full-year FY2025 number at $5.9 billion, down 19.62% from a year prior.
  • Operating Expenses hit $924.0 million in Q4 2025 for Apa, down from $1.5 billion in the prior quarter.
  • Over the last five years, Operating Expenses for APA hit a ceiling of $2.9 billion in Q3 2024 and a floor of $924.0 million in Q4 2025.
  • Historically, Operating Expenses has averaged $1.5 billion across 5 years, with a median of $1.5 billion in 2021.
  • Biggest five-year swings in Operating Expenses: tumbled 77.35% in 2021 and later soared 130.22% in 2024.
  • Tracing APA's Operating Expenses over 5 years: stood at $1.5 billion in 2021, then decreased by 11.82% to $1.3 billion in 2022, then surged by 41.11% to $1.9 billion in 2023, then plummeted by 41.57% to $1.1 billion in 2024, then dropped by 15.62% to $924.0 million in 2025.
  • Business Quant data shows Operating Expenses for APA at $924.0 million in Q4 2025, $1.5 billion in Q3 2025, and $1.6 billion in Q2 2025.