KPIs & Operating Metrics(New)
Growth Metrics

Apa (APA) Operating Expenses (2020 - 2025)

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

  • For Q4 2025, Operating Expenses fell 65.83% year-over-year to $924.0 million; the TTM value through Dec 2025 reached $5.9 billion, down 23.9%, while the annual FY2025 figure was $5.9 billion, 28.51% down from the prior year.
  • Operating Expenses for Q4 2025 was $924.0 million at Apa, down from $1.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.7 billion in Q4 2024 and bottomed at $674.0 million in Q4 2023.
  • The 5-year median for Operating Expenses is $1.4 billion (2021), against an average of $1.5 billion.
  • The largest annual shift saw Operating Expenses plummeted 74.82% in 2021 before it soared 301.19% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $837.0 million in 2021, then skyrocketed by 88.53% to $1.6 billion in 2022, then crashed by 57.29% to $674.0 million in 2023, then skyrocketed by 301.19% to $2.7 billion in 2024, then tumbled by 65.83% to $924.0 million in 2025.
  • Per Business Quant, the three most recent readings for APA's Operating Expenses are $924.0 million (Q4 2025), $1.7 billion (Q3 2025), and $1.4 billion (Q2 2025).